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NIC versus DTB
PKoli
#1 Posted : Tuesday, October 26, 2010 10:10:52 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
The two banks have more less behaved in a similar manner for some time. Lately, DTB moved from slumber and repositioned itself as a bank to watch. Are we likely to see similar performance ny NIC? Very little talk on NIC
youcan'tstopusnow
#2 Posted : Tuesday, October 26, 2010 10:31:40 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Though both banks are growing at a fast rate, DTB's rise this past year has been phenomenal. The NIC share price has been increasing over the last few weeks, though at a slow pace. I would pick DTB over NIC if told to choose one. I have both (I think I have too many bankssmile)
GOD BLESS YOUR LIFE
PKoli
#3 Posted : Tuesday, October 26, 2010 11:01:04 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
youcan'tstopusnow wrote:
Though both banks are growing at a fast rate, DTB's rise this past year has been phenomenal. The NIC share price has been increasing over the last few weeks, though at a slow pace. I would pick DTB over NIC if told to choose one. I have both (I think I have too many bankssmile)



I too have many banks, I have to limit my exposure to no more than 60%
sparkly
#4 Posted : Tuesday, October 26, 2010 11:42:22 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Both good banks. I go with NIC because it is usually more conservatively priced than DTB, or more coz i am heavily involved in it.
Life is short. Live passionately.
PKoli
#5 Posted : Tuesday, October 26, 2010 11:47:31 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
sparkly wrote:
Both good banks. I go with NIC because it is usually more conservatively priced than DTB, or more coz i am heavily involved in it.


What is your opinion on the current prices for NIC and DTK?
Sober
#6 Posted : Wednesday, October 27, 2010 9:04:56 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
I will choose DTB, although it has a lower par value of Ksh 4.00 as compared to NIC's 5 bob, it has half as much the listed shares and with the thin trades there can be sustainable gains.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
sparkly
#7 Posted : Wednesday, October 27, 2010 11:52:13 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Sober wrote:
...it has a lower par value of Ksh 4.00 as compared to NIC's 5 bob,

@ sober dont you think par value is irrelevant?
Life is short. Live passionately.
Aguytrying
#8 Posted : Wednesday, October 27, 2010 11:57:49 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
I find the two very similar. In terms of stage of growth, continually rising profits and growth. Both are very good investments. However. Over the last few yrs, DTK has grown at a faster rate. Dtk also has a more aggressive expansion strategy and is doing well in uganda. Has started in rwanda. I find NIC'S strategy less aggressive but i love their diversification. I'd choose both. With dtk first on the list. Due to their brighter future prospects.
The investor's chief problem - and even his worst enemy - is likely to be himself
Aguytrying
#9 Posted : Wednesday, October 27, 2010 12:00:05 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Oh yeah. And dtk's share has 'longer legs'.
The investor's chief problem - and even his worst enemy - is likely to be himself
Intelligentsia
#10 Posted : Wednesday, October 27, 2010 1:17:21 PM
Rank: Elder


Joined: 10/1/2009
Posts: 2,436
Aguytrying wrote:
I find the two very similar. In terms of stage of growth, continually rising profits and growth. Both are very good investments. However. Over the last few yrs, DTK has grown at a faster rate. Dtk also has a more aggressive expansion strategy and is doing well in uganda. Has started in rwanda. I find NIC'S strategy less aggressive but i love their diversification. I'd choose both. With dtk first on the list. Due to their brighter future prospects.


Its actually Burundi where they have I think 2 branches or so. Both NIC and DTB are peer banks but smart money would be on DTB as recent press reports indicate they are going continental in coming years.
KIRTI
#11 Posted : Wednesday, October 27, 2010 6:13:01 PM
Rank: Member


Joined: 8/17/2010
Posts: 116
I can say NIC is "NICE" Share & DTB is a real "DIAMOND".
Invest in both. You will never go wrong.
PKoli
#12 Posted : Wednesday, October 27, 2010 6:14:06 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
KIRTI wrote:
I can say NIC is "NICE" Share & DTB is a real "DIAMOND".
Invest in both. You will never go wrong.


At what prices for both?
KIRTI
#13 Posted : Wednesday, October 27, 2010 6:17:46 PM
Rank: Member


Joined: 8/17/2010
Posts: 116
PKoli wrote:
KIRTI wrote:
I can say NIC is "NICE" Share & DTB is a real "DIAMOND".
Invest in both. You will never go wrong.


At what prices for both?

I got NIC today @ 47.50. You can buy DTB up to 135 & NIC up to 48. Today supply is there @ 48. Try to get @ 47.75. You might get it.
PKoli
#14 Posted : Wednesday, October 27, 2010 6:19:17 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
KIRTI wrote:
PKoli wrote:
KIRTI wrote:
I can say NIC is "NICE" Share & DTB is a real "DIAMOND".
Invest in both. You will never go wrong.


At what prices for both?

I got NIC today @ 47.50. You can buy DTB up to 135 & NIC up to 48. Today supply is there @ 48. Try to get @ 47.75. You might get it.


where do you expect NIC to trade when they announce 3Q results?
Aguytrying
#15 Posted : Wednesday, October 27, 2010 6:51:14 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
@pkoli. I know what you are driving at. These could well be rallies of unreleased results. For dtk i think it has reached a stable place before its future rise. So 130 is a good entry, its unlikely to go any lower. The news cant be bad. For NIC is would be best to see where this correction or whatever it is, is heading and enter at its base. Dtk's 130 is reminding me of its previous 110 support.
The investor's chief problem - and even his worst enemy - is likely to be himself
PKoli
#16 Posted : Wednesday, October 27, 2010 7:25:45 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
Aguytrying wrote:
@pkoli. I know what you are driving at. These could well be rallies of unreleased results. For dtk i think it has reached a stable place before its future rise. So 130 is a good entry, its unlikely to go any lower. The news cant be bad. For NIC is would be best to see where this correction or whatever it is, is heading and enter at its base. Dtk's 130 is reminding me of its previous 110 support.


True, that was where I was heading to. Wheareas DTK has ralied so much, the same cannot be said of NIC, just mild upsurge. I thought it could rally to somewhere are KES 65!
KIRTI
#17 Posted : Thursday, October 28, 2010 8:47:55 AM
Rank: Member


Joined: 8/17/2010
Posts: 116
NIC will go up to 65 in April 2010. This year is for financial sectors. Share price are going up before release of financial results. They will make profit atleast 1600m for full year.EPS will be 4.50 for 2010. If you enter now @ 48 then you will make 30% within 6 months. After announcing 3Q result, price will not increase more than 53. Same thing is happened with KCB & EB.
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