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Factors Ailing the KCB Stock at the NSE
youcan'tstopusnow
#61 Posted : Wednesday, October 19, 2011 9:14:54 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
chemos wrote:
Cde Monomotapa wrote:
Anyway, haven't the US & Europe established that a near zero interest rate regime does not gaurantee mass uptake & investment. I know Kenyans who deposit 30-40K in Java per month. Such pple don't have to be rocket scientists to know what to prioritize Laughing out loudly


Kwani they are sipping coffee and peeing oil?? Laughing out loudly Laughing out loudly Laughing out loudly


I guess some people just love their coffee
GOD BLESS YOUR LIFE
Cde Monomotapa
#62 Posted : Wednesday, October 19, 2011 9:19:34 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Hey Mr. Media man. Can't find that decision anywhere even from the Co.website as U suggest. Link please.
Cde Monomotapa
#63 Posted : Wednesday, October 19, 2011 9:22:40 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
chemos wrote:
Cde Monomotapa wrote:
Anyway, haven't the US & Europe established that a near zero interest rate regime does not gaurantee mass uptake & investment. I know Kenyans who deposit 30-40K in Java per month. Such pple don't have to be rocket scientists to know what to prioritize Laughing out loudly


Kwani they are sipping coffee and peeing oil?? Laughing out loudly Laughing out loudly Laughing out loudly


I guess some people just love their coffee

It only takes 10 sittings of 3K worth of food & drink each p.m n' that's being conservative.
Cde Monomotapa
#64 Posted : Wednesday, October 19, 2011 10:02:59 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:

Be specific Omera. Which KCB? KE, UG, TZ, S.S or RW

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
mwanahisa
#65 Posted : Wednesday, October 19, 2011 11:45:28 AM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
Cde Monomotapa wrote:
Cde Monomotapa wrote:

Be specific Omera. Which KCB? KE, UG, TZ, S.S or RW

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


I have also seen the advert. This is a humongous increase in the Base Rate. I guess KCB must really be feeling the heat from the rising cost of funds. I would thus expect the net interest margin to improve in Q4 vis-a-vis Q3. On the other hands, watch out for rising NPLs.

However, even with prospects of a reduced EPS in 2011 (but with the dividend at least being maintained at Kshs 1.25), it is hard to ignore KCB at the current price. I am barely managing to contain myself.
PKoli
#66 Posted : Wednesday, October 19, 2011 12:12:14 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
mwanahisa wrote:
Cde Monomotapa wrote:
Cde Monomotapa wrote:

Be specific Omera. Which KCB? KE, UG, TZ, S.S or RW

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


I have also seen the advert. This is a humongous increase in the Base Rate. I guess KCB must really be feeling the heat from the rising cost of funds. I would thus expect the net interest margin to improve in Q4 vis-a-vis Q3. On the other hands, watch out for rising NPLs.

However, even with prospects of a reduced EPS in 2011 (but with the dividend at least being maintained at Kshs 1.25), it is hard to ignore KCB at the current price. I am barely managing to contain myself.


@Mwanahisa,

I decided at 14.70 I can no longer ignore KCB, so I have jumped in. I asked myself how low it can go and concluded that it could just be at the lowest. The dividends look quite good (8% divd yield) as you said.
mwanahisa
#67 Posted : Wednesday, October 19, 2011 3:40:01 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
PKoli wrote:
@Mwanahisa,

I decided at 14.70 I can no longer ignore KCB, so I have jumped in. I asked myself how low it can go and concluded that it could just be at the lowest. The dividends look quite good (8% divd yield) as you said.


For sure, KCB is bound to rise quite a bit from its current level once the NSE recovers from its malaise!
Aguytrying
#68 Posted : Wednesday, October 19, 2011 3:48:47 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
My theorem

This is neither proven no based on recognised stock analysis, simply my observation.
KCB and Equity have been 'following' each other downwards and in flactuations from 25.00 to 20.00 to 19.00. Then the pattern stopped there, the prevailing macro-factors affecting both companies differently. Foreigners dropping KCB like hot potatoes. It held above 19.00 for a while as equity plunged to 16.00 at some point and has now recovered and is on a rally of some sorts at the moment.
Then came KCB turn to take the plunge which is on going. In the pattern that had established itself Equity "led" the way, and KCB would "follow", those who have been following might know what im alluding to.

However right now the plunge taken by KCB is far greater than the one witnessed by Equity, and i am left to wonder if this is the end of the patttern or not.

With the macro-factors taking their toll on both companies, it seems the market is more optimistic of equity's performance than KCB vis a vis the new market factors(inflation, higher interest rates) or the trend could still be there. All i can tell for certain is the great value of KCB at this price.
The investor's chief problem - and even his worst enemy - is likely to be himself
QW25081985
#69 Posted : Wednesday, October 19, 2011 4:13:08 PM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
mwanahisa wrote:
PKoli wrote:
@Mwanahisa,

I decided at 14.70 I can no longer ignore KCB, so I have jumped in. I asked myself how low it can go and concluded that it could just be at the lowest. The dividends look quite good (8% divd yield) as you said.


For sure, KCB is bound to rise quite a bit from its current level once the NSE recovers from its malaise!


now if we cld all follow @PKoli . lol
Cde Monomotapa
#70 Posted : Wednesday, October 19, 2011 5:29:05 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
QW25081985 wrote:
mwanahisa wrote:
PKoli wrote:
@Mwanahisa,

I decided at 14.70 I can no longer ignore KCB, so I have jumped in. I asked myself how low it can go and concluded that it could just be at the lowest. The dividends look quite good (8% divd yield) as you said.


For sure, KCB is bound to rise quite a bit from its current level once the NSE recovers from its malaise!


now if we cld all follow @PKoli . lol

Front-run. Who want to be last smile
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