I think scenario 3 is likely based on the 1st half year results. It is going to be really hot, I wish I had picked more at 108!

We can bet guys KCB wont do above 30% PAT for the 3Q...maybe 28% as the upper bound and 17% as lower bound...17-28% PAT is the range for the 3Q...i dont expect DTBK to repeat the 100% PAT for the 1H results...the monster is the non interest income segment of the results but overall Financials are the place to be...but its good to pick wisely i.e NIC,NBK and Jubilee...

DTK is a very good buy, but you need to note where the growth is coming from; int income grew by 13.59%, int expenses dropped by 11.1% thus raising the net int income by 38%. other income contributed the most to the profit increasing rising by 99%. Question is, what makes up this other operating income and is it sustainable?

@ guru, I have read about their pending share restructuring, however the NAV( for both ord & pref shares) is 31. NAV will not be diluted after the capital restructuring.

@ youcnt, I also pray that the rally continues and especially on the financials side!!!!

He will SURELY be the first to crack 700k. And soon too. Also, I take it stocksmaster has already cracked 100% gain since the year started on playing the market

NBK's model is ultra conservative. They just buy government debt papers with their parastatal deposits. No investment in new IT platforms (mpesa, mkesho etc), local or regional expansion, zero new products like mortgages, unsecured loans etc. Just a matter of time and they will be overtaken by NIC, DTB, I&M, family on all parameters. There are better banks to buy.

@ youcantstopusnow. whatcouldbethereason?

obiero, besides 'the management issue', I just think people are realising that the grass is greener on the other side i.e. other companies on the NSE. Why should they invest their well earned money in a company who don't seem to have much vision for the next 5 years? Their half year was flat while most insurance companies were posting stellar growth. They say a stock's performance will always mirror that of the company. Look at eveready, access, boc. Kenya-re should adopt an agressive marketing strategy like other insurers

I've been warning guys this stock is useless... How can the NSE grow by 40% in H1 2010 and their profits grow 3% and then we have Jubilee growing by 70%


I remember @2012 very happy with his purchase at 12bob more than 3months ago... I wonder whether he still has them for the "longterm"