City Trust, EAAGADS Ltd, Express Ltd

According to available information, City Trust Ltd are/were an investment holding company that own I&M Bank (Kenya's 11th largest bank by assets-http://www.imbank.com/); Kenstock Ltd-who as the name suggests deal in stocks and Nile Breweries Ltd, a Ugandan brewer-their stake in the latter is now much smaller as SABL holds a controlling interest. In terms of Financials, I've not been able to get hold of their latest numbers-a major drawback for now. However, based on their EPS on stockskenya, I believe they made 12m profit at the last reporting financial. On that, they paid a dividend of 2.75 per share, above average for the NSE. Their P/E ratio at 26 is comparable to that of ICDC, the other investment holding company that is NSE-listed. From looking at the history of traded shares, one can surmise that their shares are majority-held by one or two large shareholders making the traded portion and their share price very static. Given the information gaps, its not a share I would recommend investing in unless for the dividend.
EAAGADS Limited are involved in the growing and selling of coffee.The ultimate holding company is Compagnie International De Culturers, Intercultures, S.A. Its associated with SOCFINAF Co, a coffee marketing and miller company based in Ruiru which also has milling operations in Kigumo, Kiambu. As with other coffee and tea companies, EAAGADs made losses for the FY05, but similarly should have a good FY06 on the back of good rains.
Express Ltd are involved in clearing and forwarding by air, sea and land-they are linked electronically to customs; storage service and removals. Since takeover and turnaround by current management, they've gone from a loss of 60m in 2003 to a profit of 54m in 2005. Some of their major clients are EABL, CBK, Total Kenya to name but a few. According to the Financial Post, Express is now seeking to be listed on MIMS and will as such now become a more marketable stock. Express a leader in their market, but face stiff competition in the medium to longterm from Kenya Railways among others. The shareprice has remained static over the last 6 months and should be considered as a speculative stock.