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
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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
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