mwanahisa wrote:Didn't manage to pick up at 24, after the Q1 results. I grudgingly had to add at 25. The more I look at this counter the more convinced I am that it could well hit 40 at some point in the next 12 months. I am projecting a forward EPS of around Kshs 4.00 to 4.25. At a PER of 10, 40 is not just an idle dream.
infact u are conservative I expect the market to price it 13 times. so 13*4=52. by then everyone will be signing how great a stock it is.
I watch kcb,equity and hf. the market has an interesting way of pricing them. equity catches up with kcb while hf chases equity. enjoy
The investor's chief problem - and even his worst enemy - is likely to be himself