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CFC Stanbic Bank HY 2014 EPS up 52.42%
Kagame
#21 Posted : Monday, August 25, 2014 8:28:24 PM
Rank: New-farer


Joined: 4/1/2014
Posts: 47
The price dip to me comes as a surprise.how else can U explain this counter as compared to simba and member.the correction at 128 range should have signalled a small rally especially after the good results but me market had other ideas.my fear is that the counter may dip to kshs 110 levels in near future.just a hunch.[-o
< d'oh!
murchr
#22 Posted : Monday, August 25, 2014 8:51:33 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Kagame wrote:
The price dip to me comes as a surprise.how else can U explain this counter as compared to simba and member.the correction at 128 range should have signalled a small rally especially after the good results but me market had other ideas.my fear is that the counter may dip to kshs 110 levels in near future.just a hunch.[-o
< d'oh!



Currently it has a PE of nine meaning for every 9 shillings you invest you expect 1 bob return. Being a tier 2 bank its fairly priced
"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
.
Kagame
#23 Posted : Monday, August 25, 2014 9:29:17 PM
Rank: New-farer


Joined: 4/1/2014
Posts: 47
@mukiri explained that the price underperformance is due to foreigners reaching their allowable limit.well what's that limit.secondly the trades are on thin volumes.what do U think is the fair value.
Mukiri
#24 Posted : Monday, August 25, 2014 10:59:09 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,222
Kagame wrote:
@mukiri explained that the price underperformance is due to foreigners reaching their allowable limit.well what's that limit.secondly the trades are on thin volumes.what do U think is the fair value.

Was revised to 75%. Foreigners hanging onto this share should tell you something. The thin volumes must be locals with mashidas selling to other locals who can barely afford it.

It topped out @150 not so long ago. Moral of the story 'Don't let go of a good thing'

Proverbs 19:21
sparkly
#25 Posted : Tuesday, August 26, 2014 3:40:11 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
murchr wrote:
Kagame wrote:
The price dip to me comes as a surprise.how else can U explain this counter as compared to simba and member.the correction at 128 range should have signalled a small rally especially after the good results but me market had other ideas.my fear is that the counter may dip to kshs 110 levels in near future.just a hunch.[-o
< d'oh!



Currently it has a PE of nine meaning for every 9 shillings you invest you expect 1 bob return. Being a tier 2 bank its fairly priced

Look at growth and Foward PE. For me its a buy.
Life is short. Live passionately.
murchr
#26 Posted : Tuesday, August 26, 2014 5:42:13 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
sparkly wrote:
murchr wrote:
Kagame wrote:
The price dip to me comes as a surprise.how else can U explain this counter as compared to simba and member.the correction at 128 range should have signalled a small rally especially after the good results but me market had other ideas.my fear is that the counter may dip to kshs 110 levels in near future.just a hunch.[-o
< d'oh!



Currently it has a PE of nine meaning for every 9 shillings you invest you expect 1 bob return. Being a tier 2 bank its fairly priced

Look at growth and Foward PE. For me its a buy.


Hence the fair price comment, any positive news will drive the share up. May be if the payup the dividends that might warm up some hearts
"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
.
moneydust
#27 Posted : Tuesday, August 26, 2014 3:05:04 PM
Rank: Member


Joined: 1/31/2007
Posts: 304
Kshs.118 tested..
moneydust
#28 Posted : Tuesday, August 26, 2014 3:09:17 PM
Rank: Member


Joined: 1/31/2007
Posts: 304
moneydust wrote:
Kshs.118 tested..


I am glad I correctly read the short term mood on this one and disembarked extremely profitably
Angelica _ann
#29 Posted : Tuesday, August 26, 2014 3:11:25 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Good buy any day ... I await for floor support!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
The optimist
#30 Posted : Monday, September 15, 2014 5:54:32 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
Whatever is holding this stock down!
Metasploit
#31 Posted : Monday, September 15, 2014 6:40:25 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
The optimist wrote:
Whatever is holding this stock down!


We still have sellers in the 128-130 price range..
Its peers have rallied except it..

It will only rally after the sellers are done..now its heading back to 120-122 again

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Kagame
#32 Posted : Monday, September 15, 2014 7:40:04 PM
Rank: New-farer


Joined: 4/1/2014
Posts: 47
Be patient it will rally after 3rd quarter results.
Pesa Nane
#33 Posted : Monday, September 15, 2014 9:53:24 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Who is who in the banking sector!



Row 8: Position according to P/E Ratios
Row 9: Position according to P/B Ratios
Row 10: Position according to Dividend Yield %
Row 11: Cumulative score (The lower the better)
Row 12: Overall RANKINGS
Pesa Nane plans to be shilingi when he grows up.
Kagame
#34 Posted : Monday, September 15, 2014 10:29:26 PM
Rank: New-farer


Joined: 4/1/2014
Posts: 47
I think the drop is attributable to market sentiment in connection to "njonjo-kereini " connection.this old men got everyone on edge not knowing the behind my back dealings with south Africans.the earlier rally to 150 might have been pumping.the fair value is about kshs 107 according to consensus by analysts.source financial times which has a sell recommendation.
heri
#35 Posted : Tuesday, September 16, 2014 8:44:21 AM
Rank: Member


Joined: 9/14/2011
Posts: 834
Location: nairobi
If they continue posting the growth they have been posting, i do not think fair value can be sh 107 surely
Goldilocks Reloaded
#36 Posted : Tuesday, September 16, 2014 9:21:29 AM
Rank: Member


Joined: 1/14/2014
Posts: 178
Pesa Nane wrote:
Who is who in the banking sector!



Row 8: Position according to P/E Ratios
Row 9: Position according to P/B Ratios
Row 10: Position according to Dividend Yield %
Row 11: Cumulative score (The lower the better)
Row 12: Overall RANKINGS



So do we assume that position 1 is a better recommendation than position 10 or is it the other way round? No narrative.
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
dunkang
#37 Posted : Tuesday, September 16, 2014 11:38:33 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
Pesa Nane wrote:
Who is who in the banking sector!



Row 8: Position according to P/E Ratios
Row 9: Position according to P/B Ratios
Row 10: Position according to Dividend Yield %
Row 11: Cumulative score (The lower the better)
Row 12: Overall RANKINGS


And remember, the half year EPS for C.F.C Stanbic was 8.45/-, so project that to full year and recalculate the P/Ex.smile
Receive with simplicity everything that happens to you.” ― Rashi

whiteowl
#38 Posted : Tuesday, September 16, 2014 11:45:25 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Pesa Nane wrote:
Who is who in the banking sector!



Row 8: Position according to P/E Ratios
Row 9: Position according to P/B Ratios
Row 10: Position according to Dividend Yield %
Row 11: Cumulative score (The lower the better)
Row 12: Overall RANKINGS

so going by this one should sell Equity n buy NBK? ?
ngapat
#39 Posted : Tuesday, September 16, 2014 12:15:55 PM
Rank: Member


Joined: 12/11/2006
Posts: 884
i am accumulating this one quietly
“Invest in yourself. Your career is the engine of your wealth.”
Pesa Nane
#40 Posted : Tuesday, September 16, 2014 12:28:43 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Goldilocks Reloaded wrote:
Pesa Nane wrote:
Who is who in the banking sector!



Row 8: Position according to P/E Ratios
Row 9: Position according to P/B Ratios
Row 10: Position according to Dividend Yield %
Row 11: Cumulative score (The lower the better)
Row 12: Overall RANKINGS



So do we assume that position 1 is a better recommendation than position 10 or is it the other way round? No narrative.

Purely based on this analysis method (whilst IGNORING all other factors) position 1 should be KING. BUT me and you know that there are other factors in play (Debts, NPL, Preferential shares, Business Risks, Management Strategies, Future outlooks, Technology penetration, customer perceptions, pending litigations, HR quality, and on and on)
Pesa Nane plans to be shilingi when he grows up.
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