@ Mwanahisa the historical PE of this stock is 7.67 and a current PE of 15. Based on the half year results like @ guru indicated the growth in profits was 100%.

For the purpose of the risk control let us assume the profits grow by only 50% then the EPS at end of 2010 will be 11.51 and at current price of 117, the PE is at 10.

A bank with that level of growth should be fairly valued at around a PE of 15 at minimum so the price is 15X10 = Ksh150.

If it decides to join Equity or HF at PEs of 25 then you can see 250.

Disclaimer: I own DTB so my opinion may be subjective.

Just visited this companies website and read the reports of their finaces since 2008 to now. Im more than impressed. More impressive than even NIC(which is an excelleny company too). DTB strategy is just awesome, i noticed in 2008 they had set a goal to have 50 braches by 2010, they have 53. their profits have been growing. 2008-1.6B, 2009-1.93B. 1H 2009 (583m). 1H 2010 ( around 1.2B) meaning they had a very strong 2H in 2009. But a similar profit in 2H 2010, should still see it above 1.93B of full yr 2009. 100 branches target by 2012, and who can bet agianst them. First to Burundi last yr of the kenyan banks. Its not advisable to marry a share, but i want to wife this one and NIC as co-wife. lol

DTB is gaining, albeit gradually. But I feel the rally is yet to really hit top gear

@y. This is the kind of news that can cause a rally. Been unable to get an entry point, this makes me feel like jumping in. On other news. Is there anything good about nbk, ppl dont talk about it here n i personally fear it since i saw it drop like 20 bob, with my own 2.

I bought all the way from 47-72 in 2008-2010...now approaching 120...how is that snail pace...together with JUB they represent 60% of my portfolio.

DTB high end investors includes the likes of IFC and the Agha Khan Fund.

These are the boys you want to invest along with.

Heyyyy qw! Welcome back. What have you been up to?

My co-op is up over 90% .why shld i buy this snail of a stock. @ 2012 , i am just takin a break frm the market . U need also to do the same .trust me u'll c the market in a different refreshd view.

if it can maintain this momentum for about 3 years like equity did, there is serious money to be made there, I think waiting for 3rd quarter wil be risky since there is no knowing at what price it will be selling at then!
if we assume 2nd half will have an equal proportion to the years profit as last year that gives us a E.P.S 0f 17.

I personally wouldn't call this share illiquid. The volume may look small but the turnover is always healthy. Its not very liquid, like saf, eb, co-op,msc,kcb. But its not illiquid either.