Wazua
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CFC-Stanbic 2009
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:cnn wrote:At 95 i will let go.Too ambitious? Offers at 88, 89 & 90 at the moment... Was placing an order in the morning, at yesterdays prices of 82.50, to take some profits, and sink into kcb... then i saw the trading board on wazua. Let me see how much higher we can go. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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sparkly wrote:VituVingiSana wrote:cnn wrote:At 95 i will let go.Too ambitious? Offers at 88, 89 & 90 at the moment... Was placing an order in the morning, at yesterdays prices of 82.50, to take some profits, and sink into kcb... then i saw the trading board on wazua. Let me see how much higher we can go. More sellers on the Board while Bids are down to 83... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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HAAHAA! GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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PKoli wrote:@Underweight.I too expected the USE to react negatively. As a tradition, the reaction from Ugandans is too slow. For kcb's sake, lets just hope they are not too slow to pick up their rights. GOD BLESS YOUR LIFE
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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i think cfc will even hit 100, i have facts however, i stand corrected. LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@kyt
Me thinks it will stabilize between 120-130 post spinnoff
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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PKoli wrote:@kyt
Me thinks it will stabilize between 120-130 post spinnoff LOL... but there is a lot of tough competition from other banks + insurance firms... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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An extraordinary general meeting for cfc is on 9th August.Apart from voting for a resolution on the demerger, shareholders will also be voting for a special dividend .7525 shillings per share.
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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cnn wrote:An extraordinary general meeting for cfc is on 9th August.Apart from voting for a resolution on the demerger, shareholders will also be voting for a special dividend .7525 shillings per share. As in KShs 0.7525/share? LOLest... Even Olympia gave 10 cents! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/13/2010 Posts: 160 Location: rift Valley-Naks
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VituVingiSana wrote:PKoli wrote:@VVS
What are the volumes for demand and supply like? I cannot see live feeds on my cel 6,100 bid 2 84 9,500 bid @ 85 2,500 offer @ 88 4,500 offer @ 89 1,000 offer @ 90 For live feeds,google nelly data User name;sterling Passwrd;gnilrets U should now be able to carry the market in your pocket. ''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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This stock has topped meaning that it cannt go up any futhure. Its time to sell cfc stanbic or loose all your profits you hav a cumulated. Your future depends on your dreams so go to sleep !
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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@qw,i am glad it is you saying that,i just am.
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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This stock is trading at 32 times earnings. Quite expensive... From ksh 70.00 to 84.00 dnt you think is time to sell. Your future depends on your dreams so go to sleep !
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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@qw: It's not last year's profits that are driving it, it' the expectation for this year [given the Q1 results] and the impending de-merger. Last year was bad for them hence the high PE Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Veteran Joined: 5/18/2008 Posts: 796
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I believe that is what is called forward PE
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@muhika. I agree BUT if you want to take some profits the time is now . Your future depends on your dreams so go to sleep !
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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@qw consult your charts again and they will tell you that the co has been consolidating at round figures 50, 60, 70 and 85. By the time the de-merger is effected the stock will hit 115. I however agree with you on taking profits. Am taking half of my profits now. Life is short. Live passionately.
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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qw25041985 wrote:This stock has topped meaning that it cannt go up any futhure. Its time to sell cfc stanbic or loose all your profits you hav a cumulated. qw25041985 wrote:This stock is trading at 32 times earnings. Quite expensive... From ksh 70.00 to 84.00 dnt you think is time to sell. qw25041985 wrote:@muhika. I agree BUT if you want to take some profits the time is now . There is a difference between "selling" and "taking profits" Initially you suggested sell because we might lose the profits; and now you say take profits. Well, depending on ones entry point, one may begin to take profits. Mine was around 67 and I have sell order pending at 90....but only for the profit gained so far. Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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I dnt see this stock reaching 90.00 . No.no.no.no. I am seeing trading sideways around 83.00 - 84.00 level before sliding down Your future depends on your dreams so go to sleep !
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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i just rescued a cat...some stupit owner locked it outside in this cold weather...now we are two in my apartment..life is wonderful...and ofcourse @qw CFC will reach 90 bob..come Monday there will be no supply....but this cat doesnt want to sleep anyway apart from my bed...LOL...
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