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BULL -THE RALLY HAS KICKED OFF
Rank: Veteran Joined: 7/22/2008 Posts: 1,139
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in regard to todays trading ;Equity,Co-op,Centum and KCB the day /the week has started very promising for the above financial giants with promising closures before the week end and probably to the announcing of 2010 results. To me,and owing to the undervaluation (save for Equity) based on the P/E s and the expected results announcement,I think the buses have already left and cannot stop any more. For Equity and KCB,Co-op their early entry to southern sudan and the die already cast about the separation,the banks will undoubtly be the biggest players in the region serving the multinationals and the locals. Centum latest entry in the real estate is the wisest decision it ever made and the profits will only swell. my predictions is by june;Equity may hit a high of 50,KCB a high of 38,Co-op a high of 30-35 and Centum a high of 30-35. "You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Last week, we did indeed predict the end of the downward correction which appears to have been right on the mark.
I am bullish on practically all the counters you have mentioned above, but pray, what is your basis for the target prices you have set out above? WAY TOO HIGH, if you ask me!
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Rank: Member Joined: 1/30/2011 Posts: 207
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What about the political events that have been unfolding in the past few days? Will they have any effect on the 'Bull'? Just curious!
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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those prices to high, with politics, inflation, drought i plan to liquidate totally after 1st quartre. DTB and NIC will fly too (195 and 68 respectively)
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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There was a time i really hated myself for missing some of these buses ( NBK,Mumias etc) but hey . i think i now have a second chance.lol . for NBK that dividend payout is gonna sky rocket that stock.cannt wait for a 40.00 . and for those callin kk a penystock .  . u make me laugh.u cxan take up comedy as a part-time job....coz that a whole load of BS if you ask me. Your future depends on your dreams so go to sleep !
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Assuming political soberness going forward, IMHO, any meaningful rise in the price of financials will be in May after the Q1 results start trickling in for this will provide a picture of how 2011 will turn out to be in terms of %age growth in profits! @SufficientlyP
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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SPt, true. We all know how impressive the full year 2010 results will be. What we don't know is how the banks will perform in 2011. The first quarter 2011 announcements will give an indication of this GOD BLESS YOUR LIFE
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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Equity at 50 is hard.that will value at about ksh.185 Billion which is more than the valuation of EABL and Safaricom.Equity resistance is at 30. KCB will hit a high of 30,COOP a high of 25. For Centum the profit growth will not be sustainable as it is due to them liquidating some of the quoted shares they hold. Full Yr 2009-2010 and half year 2010 remarkable profits was due to them liquidating their KCB portfolio which they bought is 2001-2 when the share was ksh.8 bob. I do not see any counter they hold that can give them those high returns. Downside of Centum is purchasing 40 million Safaricom shares at an average price of ksh.5.90.Where is Safaricom price currently? Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Ericsson, Centum's investment in real estate will pay off handsomely in the future GOD BLESS YOUR LIFE
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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Returns in real estate will take time to be paid off. How long has it taken Pan Africa Life Insurance to recoup their investments in Runda ? The problem in Kenya is the low purchasing power.How many Kenyans can afford houses worth ksh.50 million ? The houses are not sukuma wiki which you take to the market and in the evening all of them are sold. It takes time to sell them. The segment with the highest demand is houses within the range of Ksh. 3 to 5 Million Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Ericsson, kuna Wakenya wako na pesa. And even foreigners can buy them. Centum wouldn't have gone for the project if they didn't think the demand was there. They have their target customers. If they wanted to build 5-10 million shillings houses, they would have bought land along Mombasa road. Everyone specialises in their own niche market. But the projects of course won't give immediate returns, as with any real estate project. GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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hahahaha this is a funny thread...guys you wont make money in financials if you buy NOW...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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the deal wrote:hahahaha this is a funny thread...guys you wont make money in financials if you buy NOW... deal, you are a funny chap. On a different thread when Equity was trading at around 25, DTB 130, etc, you said that financials were to be ignored since 'even matatu drivers were buying' GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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youcan'tstopusnow wrote:the deal wrote:hahahaha this is a funny thread...guys you wont make money in financials if you buy NOW... deal, you are a funny chap. On a different thread when Equity was trading at around 25, DTB 130, etc, you said that financials were to be ignored since 'even matatu drivers were buying' Well i hold no financials at the moment...i sold my KCB at 23.75...i´m a contrarian investor...those matatu drivers i said were buying at that time will be selling soon...mark my words.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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I think the words bull and bear are being misused here offlate. where market up and market down would have sufficed. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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deal, at least they will get out with not less than 15 percent. Not bad at all GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Aguytrying wrote:I think the words bull and bear are being misused here offlate. where market up and market down would have sufficed. Yep. The market was even stagnant today. Another word that is being misused is 'foreigners'. GOD BLESS YOUR LIFE
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Rank: New-farer Joined: 2/6/2011 Posts: 6
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Burning Spear wrote:in regard to todays trading ;Equity,Co-op,Centum and KCB the day /the week has started very promising for the above financial giants with promising closures before the week end and probably to the announcing of 2010 results. To me,and owing to the undervaluation (save for Equity) based on the P/E s and the expected results announcement,I think the buses have already left and cannot stop any more. For Equity and KCB,Co-op their early entry to southern sudan and the die already cast about the separation,the banks will undoubtly be the biggest players in the region serving the multinationals and the locals. Centum latest entry in the real estate is the wisest decision it ever made and the profits will only swell. my predictions is by june;Equity may hit a high of 50,KCB a high of 38,Co-op a high of 30-35 and Centum a high of 30-35. Your "predictions" are so exuberant... Lol.. Equity at 50 by June? Wow, thats a bold prediction! Whats the basis of that valuation ama tu gut feeling?
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@ Burning Spear . obviously you have some of the stocks you are making wild predictions about . Trust me. its normally to make wild predictions when they are in your portfolio. But please learn to keep your emotions out of your stocks. Your future depends on your dreams so go to sleep !
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Rank: Veteran Joined: 7/22/2008 Posts: 1,139
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Ericsson wrote:Equity at 50 is hard.that will value at about ksh.185 Billion which is more than the valuation of EABL and Safaricom.Equity resistance is at 30. KCB will hit a high of 30,COOP a high of 25. For Centum the profit growth will not be sustainable as it is due to them liquidating some of the quoted shares they hold. Full Yr 2009-2010 and half year 2010 remarkable profits was due to them liquidating their KCB portfolio which they bought is 2001-2 when the share was ksh.8 bob. I do not see any counter they hold that can give them those high returns. Downside of Centum is purchasing 40 million Safaricom shares at an average price of ksh.5.90.Where is Safaricom price currently? It is not hard for Equity to get into the high of 50 though i admit June would be too close but by December it will definately be near.Much as supply and demand dictates the market,the incorporation of mobile companies in their fold (Safcom-mkesho,Orange) and all that means innovativeness thats aimed at increasing business to Equity,Mkesho has more that a million custonmers.As you will notice in my earlier statement,that Centum,Co-op,KCB are undervalued based on their P/Es but not Equity which has gone against the market trends and fundamentals since 2007. As we wait with baited breath the release of colosal profits by Equity,we will also be hearing their move to buy some microfinance institutions in Rwanda and Tanzania thereby meaning you cannot compare Equity with EABL and Safaricom. "You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
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BULL -THE RALLY HAS KICKED OFF
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