Wazua
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DIAMOND ALL THE WAY TO 135
Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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diamond will probably rally to about 135 before Q3 results their after see you at 148
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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bartum wrote:diamond will probably rally to about 135 before Q3 results their after see you at 148 Yes, it is another new kid on the block. I will be patient with it
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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I was first skeptical about this counter because it has a poor dividend yield and dividend pay out.... But i'm seriously starting to consider it... The problem is I'll own too many banks for one portfolio to handle :( Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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guru267 wrote:I was first skeptical about this counter because it has a poor dividend yield and dividend pay out....
But i'm seriously starting to consider it... The problem is I'll own too many banks for one portfolio to handle :(
The issues of owning too many banks is scaring me too. I am deeply into KCB, CFC, DTB, Stanbic Ug, CIC ( asister of the banks). I would like to trim to no more than 3
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Rank: Veteran Joined: 6/17/2009 Posts: 1,621
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The only bank i am in,after exiting SCBK.Got in at 108 and have seen KCB rise and wondering whether i took the wrong bus.Let us see how far we go on this one.
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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for me equity and diamond tosha
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Rank: Member Joined: 8/17/2010 Posts: 116
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DTB is good share. They got 652m Share capital. By Dec 2011 they have to increse up to 700m & Dec 2012 up to 1B. They might give a Bonus Share or Right Share. I think they will give Bonus share by next year as same group company NMG, TPS & Jubilee had issued bonus share during this year. Only DTB has not given bonus share.So get ready to get Bonus Share.
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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bartum wrote:for me equity and diamond tosha Jes!! Iam in DTB, already but wanted to load more using my Unga Sale proceeds. You guys stop buying kesho I need to be in big time.  I am also into Equity and at the moment these are the only counters in my portfolio. By the way DTB will propell back to the top on the fantasy market.  Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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KIRTI wrote:DTB is good share. They got 652m Share capital. By Dec 2011 they have to increse up to 700m & Dec 2012 up to 1B. They might give a Bonus Share or Right Share. I think they will give Bonus share by next year as same group company NMG, TPS & Jubilee had issued bonus share during this year. Only DTB has not given bonus share.So get ready to get Bonus Share. diamond issued rights twise this time round its abonus
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Given the multiples at which Scan is trading I will not be crazy or Naïve to say we will test 250 before year end. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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Gatheuzi wrote:Given the multiples at which Scan is trading I will not be crazy or Naïve to say we will test 250 before year end.
i doubt, but if it happens christmass will have come early this year
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hi guys . is an entry of 116 toohigh, for someone looking to join the fun? also how does this share compare to nic? And what makes it such a hot prospect. thanks The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 12/2/2006 Posts: 42
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KIRTI wrote:DTB is good share. They got 652m Share capital. By Dec 2011 they have to increse up to 700m & Dec 2012 up to 1B. They might give a Bonus Share or Right Share. I think they will give Bonus share by next year as same group company NMG, TPS & Jubilee had issued bonus share during this year. Only DTB has not given bonus share.So get ready to get Bonus Share. I absolutely agree with you kirti. Diamond trust is the only share in the AKDN group yet to declare a bonus.... Diamond trust is expanding rapidly, spreading its wings regionally. Apart from that it is well managed and the results are Impressive.Their 5 Year expansion targets are fantastic. They do, however require more money for expansion. They have already had 2 right Issues first one at 50/- and the next one at 70/-.I doubt they will have a third rights issue. Instead apart from launching a commercial paper it would make more sense to ustilise some of their reservers and declare a BONUS... making our christmas merrier!!! Diamond trust is indeed a Diamond!!!!!
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Gatheuzi wrote:Given the multiples at which Scan is trading I will not be crazy or Naïve to say we will test 250 before year end.
On this, I will call you what you wrote above. We will NOT see a price of 250 on DTBK before year-end (2010) and you can quote me on that.
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Rank: Member Joined: 4/18/2009 Posts: 118
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mwanahisa wrote:Gatheuzi wrote:Given the multiples at which Scan is trading I will not be crazy or Naïve to say we will test 250 before year end.
On this, I will call you what you wrote above. We will NOT see a price of 250 on DTBK before year-end and you can quote me on that. Don't be a spoilsport. Why not let a guy enjoy his/her dream?
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Bartum's target of 135 is a realistic target.
But Gatheuzi's is not. DTB is not Scan. There are completely different dynamics in the way their shares are priced.
Incidentally, a bonus for DTB is a real possibility - actually almost a certainty with the 2010 results!
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Renegade wrote:mwanahisa wrote:Gatheuzi wrote:Given the multiples at which Scan is trading I will not be crazy or Naïve to say we will test 250 before year end.
On this, I will call you what you wrote above. We will NOT see a price of 250 on DTBK before year-end and you can quote me on that. Don't be a spoilsport. Why not let a guy enjoy his/her dream? Hey, I based my hypothesis on a market fact, not fundamentals. I agree fundamentally the 150 range is perfect, but come to think of it differently, sometimes the market just pulls a suprise. Meanwhile the rally is still on. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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@Gatheuzi, just curious how you get to a price of 150 based on fundamentals. Please do tell.
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Rank: New-farer Joined: 8/19/2010 Posts: 49 Location: Nairobi
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nunua!! unlike SCANGroup luck, this counter still has mileage
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mwanahisa wrote:@Gatheuzi, just curious how you get to a price of 150 based on fundamentals. Please do tell. @mwanahisa this stock is worth more than that price on a forward basis... If it continues with 100% profit growth until year end its P/E will shrink to below 10 and don't forget their many new branches that are bound to boost profits.... Q3 results will justify all the banks prices.... since KCB is moving at the same pace i see know need to chase diamond.... But if you're in neither choose one and buy quick... And basing on the NMG and Jubilee Interim dividends i also expect bonus shares from them.... Mark 12:29
Deuteronomy 4:16
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DIAMOND ALL THE WAY TO 135
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