Wazua
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NIC or KCB??
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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. Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 3/26/2012 Posts: 830
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I will wait for the profit takers to do their thing with KCB...if 23 prints,I will purchase a large chunk...until then,cash is king!Nic...i dont like growth stocks,they are mean with dividends..#my 2 cents# 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: 8/4/2010 Posts: 8,977
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KCB - fat dividend pay as well as capital gains. NIC - capital gains with mean dividend pay. KCB - blue chip NIC - x chip... Blue chip, plus fat dividend pay, plus capital gains more price support. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Both. 65% KCB and 35% NIC. Better returns than holding either. Life is short. Live passionately.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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S.Mutaga III wrote:I will wait for the profit takers to do their thing with KCB...if 23 prints,I will purchase a large chunk...until then,cash is king!Nic...i dont like growth stocks,they are mean with dividends..#my 2 cents# You will never make any worthy move with that attitude "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 3/26/2012 Posts: 830
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murchr wrote:S.Mutaga III wrote:I will wait for the profit takers to do their thing with KCB...if 23 prints,I will purchase a large chunk...until then,cash is king!Nic...i dont like growth stocks,they are mean with dividends..#my 2 cents# You will never make any worthy move with that attitude Give a reason for saying that Mr. 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: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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hisah wrote:KCB - fat dividend pay as well as capital gains.
NIC - capital gains with mean dividend pay.
KCB - blue chip
NIC - x chip...
Blue chip, plus fat dividend pay, plus capital gains more price support.  KCB fat dividend If I buy KCB for Kshs 500,000 at 28.5 get 17,500 shares 17,500 X 2.25 (expected div in 2013)=Kshs 39,473 If I bought before book closure NIC Kshs 500,000 @ 40= 12500 shares Bonus 1:10 =1250 bonus shares Sell bonus shares 1250 X 40=Kshs 50,000 Retain bonus 12500+1250=13750 Expected bonus issue 2013 1:10=1375 Sell bonus for 2013- 1375 x 40= kshs 55,000 Sell bonus for 2012 1250 x 40= Kshs 50,000 
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Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi
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mkonomtupu wrote:hisah wrote:KCB - fat dividend pay as well as capital gains.
NIC - capital gains with mean dividend pay.
KCB - blue chip
NIC - x chip...
Blue chip, plus fat dividend pay, plus capital gains more price support. KCB fat dividend If I buy KCB for Kshs 500,000 at 28.5 get 17,500 shares 17,500 X 2.25 (expected div in 2013)=Kshs 39,473 If I bought before book closure NIC Kshs 500,000 @ 40= 12500 shares Bonus 1:10 =1250 bonus shares Sell bonus shares 1250 X 40=Kshs 50,000 Retain bonus 12500+1250=13750 Expected bonus issue 2013 1:10=1375 Sell bonus for 2013- 1375 x 40= kshs 55,000 Sell bonus for 2012 1250 x 40= Kshs 50,000 @mkonomtupu kindly do ur math post bonus issue, post rights issue
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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S.Mutaga III wrote:murchr wrote:S.Mutaga III wrote:I will wait for the profit takers to do their thing with KCB...if 23 prints,I will purchase a large chunk...until then,cash is king!Nic...i dont like growth stocks,they are mean with dividends..#my 2 cents# You will never make any worthy move with that attitude Give a reason for saying that Mr. Seconded. market timing never made a good investor. Life is short. Live passionately.
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Rank: Member Joined: 3/26/2012 Posts: 830
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sparkly wrote:S.Mutaga III wrote:murchr wrote:S.Mutaga III wrote:I will wait for the profit takers to do their thing with KCB...if 23 prints,I will purchase a large chunk...until then,cash is king!Nic...i dont like growth stocks,they are mean with dividends..#my 2 cents# You will never make any worthy move with that attitude Give a reason for saying that Mr. Seconded. market timing never made a good investor. timing is the most crucial stage while investing...if you dont believe me,try buying at the peak of a bull market.Half of the money is made when you buy.If I calculate that at ksh 23 there is a good margin of safety,I set a target and buy at price dips. 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: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Gadaffi wrote:mkonomtupu wrote:hisah wrote:KCB - fat dividend pay as well as capital gains.
NIC - capital gains with mean dividend pay.
KCB - blue chip
NIC - x chip...
Blue chip, plus fat dividend pay, plus capital gains more price support. KCB fat dividend If I buy KCB for Kshs 500,000 at 28.5 get 17,500 shares 17,500 X 2.25 (expected div in 2013)=Kshs 39,473 If I bought before book closure NIC Kshs 500,000 @ 40= 12500 shares Bonus 1:10 =1250 bonus shares Sell bonus shares 1250 X 40=Kshs 50,000 Retain bonus 12500+1250=13750 Expected bonus issue 2013 1:10=1375 Sell bonus for 2013- 1375 x 40= kshs 55,000 Sell bonus for 2012 1250 x 40= Kshs 50,000 @mkonomtupu kindly do ur math post bonus issue, post rights issue I have done my river road math For KCB 17500 shares * 32.75 =Kshs 573,125/= Capital gains Kshs 73,125 Expected dividend 17,500*2.25=Kshs 39,473/= For NIC 13750 (bonus inclusive)*41.75=Kshs 574,062/= Sell bonus 2012 1250 x 42=Kshs 52,500/= Expected bonus 2013 1:10=1250 Sell bonus 2013 1250 x 48= Kshs 60,000 I continue to keep watch on the market and political scene...it may be time to harvest
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Rank: Member Joined: 7/9/2011 Posts: 730 Location: Nairobi
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. our goals are best achieved indirectly
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Rank: Member Joined: 10/26/2012 Posts: 136
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S.Mutaga III wrote:I will wait for the profit takers to do their thing with KCB...if 23 prints,I will purchase a large chunk...until then,cash is king!Nic...i dont like growth stocks,they are mean with dividends..#my 2 cents# 23 ...that's murder ...I want this to touch 40 this quarter
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mazingira wrote:S.Mutaga III wrote:I will wait for the profit takers to do their thing with KCB...if 23 prints,I will purchase a large chunk...until then,cash is king!Nic...i dont like growth stocks,they are mean with dividends..#my 2 cents# 23 ...that's murder ... I want this to touch 40 this quarter #Euphoria  Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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EPS 2011 was 3.72 while current share price @32.75 leaves trailing P.E. @8.8. If P/E is rerated to 10, share price will clock 37.50/- H1 2012 EPS = 2.05, assuming KCB H2 is equal to H1 then final EPS = 4.10. So forward P/E = 7.98 with share price @32.75. Still cheap. If you rerate the FP/E to 10 with EPS @4.10 the share price clocks 41/- Then add the dividend cheque to the capital gain. Considering that the likes of BAT, EABL and mpesa bank are on P/Es above 15, if the estimated EPS of 4.10 is applied to that multiple, the share prices will clock 61.50/- The only question remains will KCB maintain a CAGR in PAT of 30% and above for another 2 - 5yrs out. The management said they plan to do so. And so I expect the bid pressure to continue! And better, trading above all time highs. No resistance at the moment! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 8/17/2011 Posts: 207 Location: humu humu
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S.Mutaga III wrote:I will wait for the profit takers to do their thing with KCB...if 23 prints,I will purchase a large chunk...until then,cash is king!Nic...i dont like growth stocks,they are mean with dividends..#my 2 cents# "if 23 prints!" thats a 30% drop mutaga!.. for 23 to print,There has to be a serious deterioration of macroeconomics indicators in the country,or a downturn in the companies fundamentals or sometimes both ..if that happens and the price indeed comes down to 23, you shall change your perception and wish it lower say at 18! why don't you add now? everyone (but foreigners) is waiting to get in after the elections. After elections the prices of key stocks may be too high. The nse is on the runaway!
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Rank: Member Joined: 3/26/2012 Posts: 830
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kaifastus wrote:S.Mutaga III wrote:I will wait for the profit takers to do their thing with KCB...if 23 prints,I will purchase a large chunk...until then,cash is king!Nic...i dont like growth stocks,they are mean with dividends..#my 2 cents# "if 23 prints!" thats a 30% drop mutaga!.. for 23 to print,There has to be a serious deterioration of macroeconomics indicators in the country,or a downturn in the companies fundamentals or sometimes both ..if that happens and the price indeed comes down to 23, you shall change your perception and wish it lower say at 18! why don't you add now? everyone (but foreigners) is waiting to get in after the elections. After elections the prices of key stocks may be too high. The nse is on the runaway! The funds were redeployed to other counters leaving me with no idle money.Thanks for the advice anyway.It has been noted. 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: Elder Joined: 7/11/2012 Posts: 5,222
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I greedily got out of KCB, looks like I'll make my broker happy by getting back in at a higher price!
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