I owuld say buy. The new guys on the board are giving everybody hope that the company will improve and that hope will see the share price go up. Plus the deal with Liberty may streamline the business for the better. I would price CFC at around 110 - 115 so I still think that the price of 68 is a discount although it is the current resistance price. If the stock breaks through the 70 barrier next time you'll catch it at 80. So, BUY or HOLD

Isnt the base rate still very, very high?

Do they charge extra on top of this?

Whereas reducing the base rate reduces the interest charged, the base rate alone cannot tell you which bank is cheaper! What you need to compare is the effective rate. These published in the "Money" magazine in the Daily Nation every Thursday.

Today; the lowest on personal loans is 18% [KCB, EQT, ECO, NBK, BOA]; the highest is 23.25% [CFC!!!]

I think most banks dont release/provide the TRUE cost of borrowing...

@vvs its investors like that never want to FULLY maximise ur investments. U cld hav offloaded when they start speculatin on the banks results. Does anybody know when CO-OP BANK will release their results.

Too soon, i think. Will at least wait for H1 results.

Where do you put your money after offloading your cfc? too much trading erodes your gains. I can't believe co-op is still rising, though i made a respectable 60%. I would now have a whooping 130% gain without the pesky commissions.

@all how come cfc stanbic holdings only released bank results but not for the overall group? Does anyone know how the insurance arm is doing? The NAV of Cfc stanbic is 60 shillings @ the current price of 71.5 it doesnt look attractive anymore like when i bought it @ around 43,i'm also not comfortable with the -200 PE...how will the restructuring unlock shareholder value? I cant answer the above questions so i took my 60% profits,overall i'm going on a holiday next month:))))

@ the deal. Does going on a holiday form the base for your desicions. Lol. Wat haqend to profit maximisation !!!!!!!! Wat i gather is that cfc can never go any higher ??? How wrong u are. Happy holidays .it seems xmas came early for you. Eheheh.

@the deal very well. You buy shares with your pocket money?

On matters concernin KQ i think we all forgot one important investment principle. That when the eps fall for two consecutive quaters we shld jump out off that stock. Funny enough we jumped into it. I guess we have all learnd that principle the hard way.