Wazua
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WHY IS BACLAYS BANK STOCK GOES DOWN EVERYDAY???
Rank: Member Joined: 4/1/2008 Posts: 141
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My fellow investors could anyone share this information with me why Baclays Bank dont shine anymore their stock dont move upward any more any reason please contribute?
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Rank: Member Joined: 8/17/2011 Posts: 207 Location: humu humu
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We are in bear territory..
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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IMO, all their recent results indicate that they have reached e.t.c (End of Thinking Capacity)
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Rank: Member Joined: 3/26/2012 Posts: 830
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CDE...dont lie to a wazuan...the stock si going down simply because book closure was on Friday...today being the first day after books closure...it was likely to go down. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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S.Mutaga III wrote:CDE...dont lie to a wazuan...the stock si going down simply because book closure was on Friday...today being the first day after books closure...it was likely to go down. That was an informed opinion of a Fundamental Investor ;-)
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Rank: Veteran Joined: 2/3/2010 Posts: 1,797 Location: Kenya
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S.Mutaga III wrote:CDE...dont lie to a wazuan...the stock si going down simply because book closure was on Friday...today being the first day after books closure...it was likely to go down. Kcb & eb went up despite book closure  I may be wrong..but then I could be right
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Rank: Member Joined: 4/26/2011 Posts: 759
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@Wanyina
There are a couple of reasons why a company like Baclays seem not to be climbing up and I will give you a general reasons.
1) The value of the company is already captured by the market. For markets like Kenya in most case the equity usually sale at a premium, i.e the stock market almost always is overvalued, Safaricom and KQ could fall here.
2) Baclays fall under what the call valued stock not growth stock. And this is mostly likely what is happening with Baclays.
Drunkard Rollout
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WHY IS BACLAYS BANK STOCK GOES DOWN EVERYDAY???
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