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How to tell NSE has bottomed out
Rank: Veteran Joined: 11/11/2006 Posts: 972 Location: Home
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Aguytrying wrote:@cde. tell me more of nbk. its one of the neglected stocks at the moment. what prospects do you see. At 17.65/= PE of 3.20 and dividend yield of 2.27%. The dividend is mean. Dividends have a way of consoling one during bear runs.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:A new trading week begins! Will the rally hold or will the market taper as did Safaricom...
its been so unpredictable. gut feeling tells me it has to come back at some point The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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holycow wrote:Aguytrying wrote:@cde. tell me more of nbk. its one of the neglected stocks at the moment. what prospects do you see. At 17.65/= PE of 3.20 and dividend yield of 2.27%. The dividend is mean. Dividends have a way of consoling one during bear runs. nav? also. what about the threats. large gov control, rights issue??? non progressive and non aggressive, stuck in the 90's. its beaten down tho if the threats were manageable it could suffice for a play The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Too much gubberment skeletons in this counter to excite Mr Market. Q3 2012 was equally bad. Q4 2012? Full yr 2012? Profit or profit dip or loss? Can't be profit. Old Mutual has tried to hype it in various recoms notes, but nothing doing. Don't get wrong footed. The only thing I like about NBK is they priced in their bond portfolio haircut (mark to market) as interest rates vaulted in 2011 while other banks (except SBCK) did houdini acts on the same to hide losses. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:Too much gubberment skeletons in this counter to excite Mr Market. Q3 2012 was equally bad. Q4 2012? Full yr 2012? Profit or profit dip or loss? Can't be profit.
Old Mutual has tried to hype it in various recoms notes, but nothing doing.
Don't get wrong footed.
The only thing I like about NBK is they priced in their bond portfolio haircut (mark to market) as interest rates vaulted in 2011 while other banks (except SBCK) did houdini acts on the same to hide losses. lol at houdini acts. i also fear this counter The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Cde, do you still have your eyes on the First Rand Bank play? GOD BLESS YOUR LIFE
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Rank: Member Joined: 4/25/2012 Posts: 110
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youcan'tstopusnow wrote:A new trading week begins! Will the rally hold or will the market taper as did Safaricom...
Just read an opinion here(http://www.rich.co.ke/media/docs/036NSX1401.pdf) the the rally might hold. Lets keep watch. My opinion is that it might slow to jump over the election bump in march, I find it hard to ignore. There is nothing as dangerous as an Idea, when there is only one Idea
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:Cde, do you still have your eyes on the First Rand Bank play?
Not at all. Just playing interest rate cycles along with KCB ~ No brainer. If it turns into a spec buy btwn now & H1 sawa.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Aguytrying wrote:@cde. tell me more of nbk. its one of the neglected stocks at the moment. what prospects do you see. Another broken heart that needs repair (Ref: KCB 2011). Hehe, see reasons above.
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Week 3 at the NSE is well underway and the bull still rules supreme  @SufficientlyP
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Sufficiently Philanga....thropic wrote:Week 3 at the NSE is well underway and the bull still rules supreme Market picking up where it left off. EABL clocks 300, Kengen 11... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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youcan'tstopusnow wrote:Sufficiently Philanga....thropic wrote:Week 3 at the NSE is well underway and the bull still rules supreme Market picking up where it left off. EABL clocks 300, Kengen 11... So I remove the brake pedal coz I havent applied it  Still on accelerator  @SufficientlyP
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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KCB high 35/- EABL high 307/- ARM high 60/- (300 presplit) BAT high 540/- Bullish hoof still pressing the pedal. However this tide is not floating all crap $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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hisah wrote:KCB high 35/- EABL high 307/- ARM high 60/- (300 presplit) BAT high 540/- Bullish hoof still pressing the pedal. However this tide is not floating all crap I'm loving this. Really looking good to the eyes I think of all the stocks above,as far as PE goes,Simba still has energy for some more safari! @SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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Mongolia takeoff "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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The Bourse opened the week with a total of 20.8M shares valued at Kes.294M transacted against Kes.478M on 20.2M shares posted last Friday.
The NSE 20 Share Index was up 1.47% or 64.11 points to stand at 4413.97.
All Share Index (NASI) was up 1.13 points to stand at 102.76.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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FUNKY wrote:The Bourse opened the week with a total of 20.8M shares valued at Kes.294M transacted against Kes.478M on 20.2M shares posted last Friday.
The NSE 20 Share Index was up 1.47% or 64.11 points to stand at 4413.97.
All Share Index (NASI) was up 1.13 points to stand at 102.76. In a span of 8 trading days of early 2013, the NSE20 has clocked 280.95pts (6.80% up) to burst the 4400pts resistance level last seen in Feb 2011... Indeed that MSCI KE 5yr falling trendline breakout is running on steriods!?! All this in the midst of a near term election and skeptical locals...
The wall of worry climb continues yet the structure is far from blastoff stage (wanjiku herd)...!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sufficiently Philanga....thropic wrote:hisah wrote:KCB high 35/- EABL high 307/- ARM high 60/- (300 presplit) BAT high 540/- Bullish hoof still pressing the pedal. However this tide is not floating all crap I'm loving this. Really looking good to the eyes I think of all the stocks above,as far as PE goes,Simba still has energy for some more safari! If you were to substitute EABL with simba, at the current trailing P/E of 22.21, simba would be trading @82.50/-
With est EPS of 4.10 on the same P/E the scale tips to 91/-
Indeed EABL is overvalued!
I still expect simba to clock 40/- plus a div pay of 2 - 2.10/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/4/2009 Posts: 10,790 Location: NAIROBI
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ARM is trading on a P/E of close to 30 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Ericsson wrote:ARM is trading on a P/E of close to 30 Oh my. A trailing P/E of 25.43. Not liking such extensions which are not supported by fundies...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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