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DTK Material Announcement
hisah
#21 Posted : Wednesday, May 11, 2011 10:26:22 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
ngapat wrote:
Where are the experts who said banks wont make you money in 2011.

I'm one of those who still expects lower share prices or slight increase regards of profits! As in profits or losses this year will still lead to lower prices...?? The only exception I gave for banks was KCB. I know DTK has moved up, but I still see it coming back to 130 - 135. Brick wall
And I dislike that expert term... Sick
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
ngapat
#22 Posted : Wednesday, May 11, 2011 11:14:55 PM
Rank: Member


Joined: 12/11/2006
Posts: 896
hisah wrote:
ngapat wrote:
Where are the experts who said banks wont make you money in 2011.

I'm one of those who still expects lower share prices or slight increase regards of profits! As in profits or losses this year will still lead to lower prices...?? The only exception I gave for banks was KCB. I know DTK has moved up, but I still see it coming back to 130 - 135. Brick wall
And I dislike that expert term... Sick

Looking at their reason on http://www.businessdaily...on/-/bxpy01/-/index.html , their prediction is that the banks won't match 2010 FY profits mostly because of low yields from bonds trading. This seems to be taken care of by the increased lending. I think the real reason is the political risk of 2012. I got lots of cash for example but i'm afraid of going full throttle in these stocks even though i find them attractive because of fear of repeat of 2007/2008 chaos.
Investors are just being cautious. About the expert term, actually they are the ones who refer themselves as such in the media and press etc
“Invest in yourself. Your career is the engine of your wealth.”
Aguytrying
#23 Posted : Wednesday, May 18, 2011 7:10:02 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Shares will never cease to amaze me. I've been following dtk or fondly known as dtb with an eagle eye since last year. The performance of the bank has been outstanding, and i strongly of the view that they will grow again this yr, not by 80 percent, maybe 30-50. Or they could just suprise us again. On the share. Its been dilly dallying between 137-148 since the year began, even when q1 results we amounced it moved up slightly. Now that book closure is upon us, it looks set to really move up. I firmly believe it may test 160 before friday, followed by 130-140 after book closure. Without the sterling results of yester year, i just dont see where the momentum will come from, to replicate last years share appreciation.
The investor's chief problem - and even his worst enemy - is likely to be himself
Aguytrying
#24 Posted : Friday, May 20, 2011 7:23:10 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Today is book closure for diamond trust bank. The day seemed so far! But its finally here. Its really rallied recently. Which causes me to think, jubilee i h, book closure is next friday, could we also see this late push in price appreciation towards book closure. I think some investors ignore a stock until the last few weeks. Scan group's i on wed, ie 24th.
The investor's chief problem - and even his worst enemy - is likely to be himself
mwanahisa
#25 Posted : Friday, May 20, 2011 11:38:49 AM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
I exited most of my shares yesterday at the princely price of Kshs 160. I have been watching this share like a hawk and after the big runup in the price, I thought I may as well take in my well deserved profits. I have waited a long time for this having gotten into the share a number of years back.

I think that the future is still rosy for DTB but I expect profit growth momentum to slow down this year.
Aguytrying
#26 Posted : Friday, May 20, 2011 3:53:30 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
@mwanahisa. Nice move. I would have done the same, were my shares not being transfered btn brokers. No worry, i'll sell at 135 in a few weeks and make the same profit i'd have made.
The investor's chief problem - and even his worst enemy - is likely to be himself
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