@Siringi, if you look closely at the posts by the leading enthusiasts of this (and even other shares on the NSE), you will note that the basis for our picks is hardly ever what the brokers are saying. Indeed you will note many Wazuans are usually ahead of the brokers in terms of what share is expected to do well. Nonetheless, when brokers do indeed come around, it tends to bolster the selections, as it then gets reported in the wider media.
@132, I doubt whether CFC Stanbic had the same outlook it has today, not to mention other metrics e.g. PE, NAV and PEG ratios that it does today. All the same I do sympathize with the lesson learnt on your foray into this share. We have all gone through some bad experiences at some point in our investment history.
Siringi wrote:Not to dampen some spirits nor stop the winds from your sails ... A cautiln though am seeing some enthusiasm akin to the pitch my broker used to sing me when a certain IPO cheque refund was deposited to my CDSC used to go lyrical about the future of CFCstanbic youd think all the other bank ers learnt by correspondence and only the CFC ones went to Strathmore and Harvard. A consequence got me some at 132¡ talk of losing your shirt \ being taken to the cleàners... I have the receipts to date a lesson in not trusting sales pitches . Fundamental fundamental fundamenals and what are the peers in the industry doing and what is your targrt stock doing differently ?
When the CFC hits 75% paper gain on that historic high someone call me i'll offer generous commission i stayed away from the rights ... Big mistake though.. Call it learning