sparkly wrote:mwekez@ji wrote:Latest - cfc/sbg securities valuations dated 15.02.2013
Bank | Target Price| Recommendation
NIC | 62 | BUY
DTB | 173 | BUY
CfC | 53 | HOLD
NBK | 20 | SELL
KCB | 41 | BUY
BBK | 19 | BUY
Stanchart | 289 | HOLD
Equity Bank | 28 | HOLD
Co-op | 14 | SELL
NBK P/B ratio is so low. PE also low. For me its a buy.
Beats me why SBG rates EABL a Buy, TP 350.
On NBK, SBG dint look at the current management strategy. I think the current management could steer NBK to heights. SBG also concurred that their rating could be overturned by saying "We expect improved sentiment and earnings should management increase its loan assets, improve efficiencies, define its business strategy and invest its excess capital."
On EABL, am with you in the bear camp. However, here is how the bulls in EABL are supporting their position
Ally Khan SatchuThe Headline Numbers of H1 PBT -13.088455% and H1 PAT -18.351445% might catch People's Attention but beneath that Surface lies a Muscular Business.EABL is investing now to embed its 91 Year Advantage and I think Investors will look through the Near Term Noise and like the Underlying Growth Trajectory.
Johnson Nderi, Investment Analyst at Suntra >>>
http://video.abndigital.com/ser...&bctid=2173776662001