@Aguytrying i pray you do manage to get a hold of KCB below 23bob.. But your chances look slightly slim!!

In 2011 when KCB was @ 15bob it had a P/E of 6 and a dividend yield of 8%... (interest rates & inflation were headed HIGHER in 2011)

In 2012 KCB is @ 23 bob with the same P/E of 6 and the same dividend yield of 8%... ( interest rates & inflation are headed LOWER in 2012)

Only God knowz why you wouldnt be buying now!!

We have been seeing big ticket foreigners buying at KES 23 and they are very hesitant to up their bid price. At the same price we have been seeing locals selling en masse (which i believe its both local individuals and institutions because of the volumes involved). what will happen when the big ticket foreigners are done buying? vvv

@Aguytrying i pray you do manage to get a hold of KCB below 23bob.. But your chances look slightly slim!!

In 2011 when KCB was @ 15bob it had a P/E of 6 and a dividend yield of 8%... (interest rates & inflation were headed HIGHER in 2011)

In 2012 KCB is @ 23 bob with the same P/E of 6 and the same dividend yield of 8%... ( interest rates & inflation are headed LOWER in 2012)

Only God knowz why you wouldnt be buying now!!

I am not of a contrary position. I'm also very bullish on KCB. I notice they expected EPS for fy 2012 to be 3.96, which is very conservative in my opinion. A sweet entry point is what i am seeking for KCB, later in Q3, Q4 2012 and Q1 2013.

There is a lingering 10m bid at 23