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DTB Diamond Trust Bank FY2010 results
youcan'tstopusnow
#41 Posted : Saturday, March 12, 2011 9:33:54 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
jerry wrote:
@guru267, Are we expecting to see more branches following the bonus issue?

As at the end of 2010, they had 64 branches. They plan to increase this to over 100 branches by the end of 2013.
GOD BLESS YOUR LIFE
jerry
#42 Posted : Saturday, March 12, 2011 10:21:19 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
youcan'tstopusnow wrote:
jerry wrote:
@guru267, Are we expecting to see more branches following the bonus issue?

As at the end of 2010, they had 64 branches. They plan to increase this to over 100 branches by the end of 2013.

@yCsUn, thanx. Seems it's positively aggressive.
The opposite of courage is not cowardice, it's conformity.
youcan'tstopusnow
#43 Posted : Saturday, March 12, 2011 10:31:22 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
jerry wrote:
youcan'tstopusnow wrote:
jerry wrote:
@guru267, Are we expecting to see more branches following the bonus issue?

As at the end of 2010, they had 64 branches. They plan to increase this to over 100 branches by the end of 2013.

@yCsUn, thanx. Seems it's positively aggressive.

yep. And I wouldn't bet against another bonus in the next 3 years
GOD BLESS YOUR LIFE
youcan'tstopusnow
#44 Posted : Saturday, March 12, 2011 10:34:48 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Gordon Gekko wrote:
@qw, holding stock to benefit from dividend - bad financial decision. Stocks lose value by amount of dividend (or even more) when it goes ex stock ceteris paribus. It therefore makes no sense to hold for dividend as this option gets you 95% (less w/h tax). If you however offload cum div and buy back again ex div, you save on this 5% - also add trx costs to buy and sell.

Do you share the same views for bonuses as well?
GOD BLESS YOUR LIFE
PKoli
#45 Posted : Sunday, March 13, 2011 12:59:42 AM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
youcan'tstopusnow wrote:
Gordon Gekko wrote:
@qw, holding stock to benefit from dividend - bad financial decision. Stocks lose value by amount of dividend (or even more) when it goes ex stock ceteris paribus. It therefore makes no sense to hold for dividend as this option gets you 95% (less w/h tax). If you however offload cum div and buy back again ex div, you save on this 5% - also add trx costs to buy and sell.

Do you share the same views for bonuses as well?


In my observation, I have noted that most stocks lose value after books closure for dividends and bonuses and often recover within about a month. So it is not a bad idea to hold a stock for dividends.
jerry
#46 Posted : Sunday, March 13, 2011 9:35:01 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
PKoli wrote:

In my observation, I have noted that most stocks lose value after books closure for dividends and bonuses and often recover within about a month. So it is not a bad idea to hold a stock for dividends.

@yCsUn. It also depends on whether you think long term( I call this investing) or short term(call this trading). If you have the time to follow the market it's good to trade. You also make money for your broker/IB.
The opposite of courage is not cowardice, it's conformity.
youcan'tstopusnow
#47 Posted : Sunday, March 13, 2011 10:51:51 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Aguytrying wrote:
Gordon Gekko wrote:
Director - Amin Merali. Is he from @vvs' famous stable?

was also wondering the same thing. I saw dtb picking up towards close of business, with trades at 140. Might this relief rally just see it through.

Books closure for the dividends and bonus iko mbaliSad
GOD BLESS YOUR LIFE
Aguytrying
#48 Posted : Tuesday, March 15, 2011 11:33:15 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Been watching DTB keenly. When the index went sub 4000, it merely dropped 5% 135. Last two days of recovery of the entire market, it has regained about 3%. In short, it hasn't been affected much by the two events. It also hasn't rallied as expected. To note is that the traded volumes are low over the last few days, with the sellers and buyers both being cagey. The determinant will be the amount of supply and hidden supply that will show up in the 140's.
The investor's chief problem - and even his worst enemy - is likely to be himself
mwanahisa
#49 Posted : Friday, March 18, 2011 4:19:47 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
selah wrote:
mwanahisa wrote:
Hurrah for DTK.

Coop - Not so good!


I think COOP has done very well especially reducing its non performing Loan exposure by about 80% thats a good thing.

DTB growth was greatly helped by other incomes which last year was too low.

Once Coop start expanding into south sudan it will be a great stock.



The market's verdict thus far.

DTB - Price holding.

CoopBank - Has lost more than 10% since release of results. Price closed at an average of 17.60 today with a few deals at 17.05. Glad to have sold prior to the release of results.
The Merchant
#50 Posted : Monday, May 23, 2011 12:57:51 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
Back down to 139.....men....
hello
#51 Posted : Monday, May 23, 2011 1:54:28 PM
Rank: Member


Joined: 6/11/2008
Posts: 257
The Merchant wrote:
Back down to 139.....men....


I will enter again @ 120/-
I want to be a millionaire.
Tommy
#52 Posted : Monday, May 23, 2011 2:06:42 PM
Rank: Veteran


Joined: 12/9/2010
Posts: 894
Location: Nairobi
Now doing 130.
Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
bartum
#53 Posted : Monday, May 23, 2011 2:19:13 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Tommy wrote:
Now doing 130.

lets quote a price below 120
maskana
#54 Posted : Monday, May 23, 2011 7:30:03 PM
Rank: New-farer


Joined: 1/8/2011
Posts: 48
Location: muranga
bartum wrote:
[quote=Tommy]Now doing 130.

lets quote a price below 120[/quote


As their say ..the best time to enter bank is July /august or Q3
I will be waiting to bounce ln then ....now just chilling...
Aguytrying
#55 Posted : Monday, May 23, 2011 11:14:47 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Dtk. Ex all. I had wondered how it would behave and currently its behaving how i expected. The certainty of a good year is not there like last year. When it had phenomenal growth. There's just sometim about this bank that screams quality. None can write them off
The investor's chief problem - and even his worst enemy - is likely to be himself
The Merchant
#56 Posted : Tuesday, May 24, 2011 9:55:41 AM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
120 now looks very likely @lovely. Bargains are beginnin to crop up in this market. Thank goodness.
hello
#57 Posted : Wednesday, May 25, 2011 1:38:11 PM
Rank: Member


Joined: 6/11/2008
Posts: 257
The Merchant wrote:
120 now looks very likely @lovely. Bargains are beginnin to crop up in this market. Thank goodness.


Again its going towards North.
Was 127 rock bottom?
I want to be a millionaire.
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