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...