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NIC BANK H1 2011 RESULTS
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mkonomtupu
#21 Posted : Wednesday, October 12, 2011 8:15:33 AM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
I still love this stock..good loan book, good management, niche clientele, very efficient it's my ultimate retirement stock so i'm accumulating but the volumes are thin
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selah
#22 Posted : Wednesday, October 12, 2011 12:34:18 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
hisah wrote:
Gordon Gekko wrote:
I can't help but pat myself in the back for dumping it at 55. I just wish CBK is compelled to name the 5 banks - it will be doing very low twenties.

From 55 to 27.75 means almost 50% down. NBK too has sunk with similar margins. Waiting to see more carnage on bank stocks. Of course they'll be a time to buy them with an explosive rally to boot.

Moral of the story - when banks report outrageous profits e.g. 60%+ it's time to take cover & inflation spikes are just a few months away.

Where else have I spotted the same? China. What will happen to their bank stocks in 2012, downhill... And with a hot real estate... At the moment some gubberment investment firm is buying (PPT) the top 4 banks. Yap, gubberment wont let Mr Market selloff bank stocks. Shanghai & HSI (@young invests here) equities are slated for a rough 2012... The mood in Asia is being flagged the most by KOSPI. I expect a number of hedgefunds to short Asia after Europe in 2012.


I want to plunge in now,should I wait for it at sub 25/= ?
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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mlennyma
#23 Posted : Wednesday, October 12, 2011 12:41:22 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Let your wisdom and conscience drive you,blame no-body for acting or not acting.
"Don't let the fear of losing be greater than the excitement of winning."
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selah
#24 Posted : Wednesday, October 12, 2011 12:54:56 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
mlennyma wrote:
Let your wisdom and conscience drive you,blame no-body for acting or not acting.


What has conscience has to do with anything...Are there any moral issues we are supposed to look for when investing in this stock?
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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mlennyma
#25 Posted : Wednesday, October 12, 2011 1:55:18 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
@selah!!!watu na huyu selah alisomea wapi?conscience is just the inner sense in you which helps in deciding the right or wrong action not necessarily spiritual..am sori if your teacher mislead you..my conscience can tell me not to board a certain bus or plane and there after an accident occurs what has that to do with spiritual.
"Don't let the fear of losing be greater than the excitement of winning."
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selah
#26 Posted : Wednesday, October 12, 2011 2:14:13 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
@mleyman I think my teacher misled me..I was made to believe conscience is only used when faced with a morality dilemma...while when it came to Money matters wisdom and understanding were critical in making decisions.

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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