KK Sub 9 bob. It sounds impossible?! Really!? Unless you've been under a rock for the last 2 weeks. after the massacre we have witnessed, i'm suprised anyone could doubt this possibility. The only thing that could change this possibility is if the market as a whole recovers. I accepted this after the div was announced and nothing happened. I couldn't belive my eyes when i saw kplc at 17.00. No share is immune in this market. Ha ha. Hfck. 70 something percent increase in profits, did that stop it from losing over 15 percent. From 21.00-17. So i find it amusing how kk is not expected fall properly by some.

Member always seemed to be valued way higher than other banks during 'the good times' Since those times are not with us any more, it will be treated like the rest.
KPLC at 17 was a surprise to me, I will admit

hisah & Aguytrying, so a 5% dividend yield is holding KK from a more than 20% fall?

@hisah. I certainly didn't think id see equity at lower than 23.00 before election fever kicked in. So 20.00 is a suprise. @youcant. Yes or thereabouts. I'm hoping this nssf chaps dont come in too soon to spoil the party.

Given the organisations fundamentals, i would still view KK as a bargain at 10 bob... but i am still expecting it to be lower ex-div... my broker called me yesterday asking if i want to put more money in KK but i am thinking i could get it cheaper so i am still holding any buy calls for this.... i could be wrong but with the current market, probability of being right is higher...

my thinking is that there are low volumes because people arent interested in low prices.thus no supply no demand. I am also shocked the bourse is rallying yet world markets are fallin.lol. Where is the sync between this two markets.

http://news.yahoo.com/as...ecession-004752707.html

I think our market is slow to react. the current bounce is like the one experienced last week in the other markets. so wait for the n.s.e to follow the global ones with time

Ive got my cash ready for the hevy selling of kenol kobil that will begin on 22nd August 2011.. Ill be buying like a psycho from then

If your average buy is anywhere up to 10,and you have taken the two dividends this year(today's closure inclusive),why would you be worried?.Look at BAT ex-dividend lost only 5%.Until there is another market sell off to take us below 9,and when that happens top up.

With the world markets all down. European markets nearing a 2 year low, DJ is just but another story, Europeans & Americans have got access to cheap debt & still don't want to invest or even take up some even sitting on tonnes of cash. For me 10% stop loss is enough instead of waiting till the market goes 30% in the red. With my cash in the money market i sleep well at night & recouping a minor loss will not be as hard thus retaining my capital & gains made last year. I guess guys are still waiting to really see a double dip recession in the global markets so as to scatter. When guys dump risky assets, you should always have your eyes wide open, both Nymex & Brent crude September prices went down too...I guess more will be MIA.