Wazua
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which is the greatest bargain on NSE at the moment??
Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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do u consider the bookprice per share, PE,....or which fundamentals???
ppl have criticized KCB, but using Buffetology it is sound financially....what is ur take on this...?? The management might be their undoing, needs to be more innovative
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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Most definately co-op bank. I hope its momentum goes on past results day. Your future depends on your dreams so go to sleep !
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Rank: Member Joined: 9/22/2008 Posts: 79
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Coop bank is still very cheap at 15 considering its fundamentals.if they can afford to post around 5.2B basing this figure from their first quarter results then as we speak their P/E is lower than 15 making the bank way too cheap even now.
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Rank: Member Joined: 12/3/2008 Posts: 113
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When will COOP release the results
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Rank: Veteran Joined: 6/2/2010 Posts: 1,070
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Anyone purporting to know the answer to this question would be lying to you. The best bargain as of today will be known several months down the line, in hindsight.
Hindsight is 20 20
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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To me, without a doubt KPLC and Kenya-Re. Grab what you can now.
BBI will solve it :)
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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Very few bargains in the market now. Once stocks climb past their 52 week high, you have more downside than upside The Governor of Nyeri - 2017
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Wa_ithaka wrote:Very few bargains in the market now. Once stocks climb past their 52 week high, you have more downside than upside So you are saying that one would be much safer off holding cash at this time?
BBI will solve it :)
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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TOTAL,KPLC,KCB and KQ for me..
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Wa_ithaka wrote:Very few bargains in the market now. Once stocks climb past their 52 week high, you have more downside than upside @Wa_ithaka that's not true... if projected earnings are going up then the sell off at 52 week high is a buying opportunity not a selling one because a price rise cannot be stopped with growing earnings Mark 12:29
Deuteronomy 4:16
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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I agree with @ miss guru . 52 week highs are buying opportunities. Case in point CO-OP BANK and SCAN GROUP. And also centium. Its buy buy buy buy buy buy buy buy when a sound business bursts through its 52 week hight. 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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qw25041985 wrote:I agree with @ miss guru . 52 week highs are buying opportunities. Case in point CO-OP BANK and SCAN GROUP. And also centium. Its buy buy buy buy buy buy buy buy when a sound business bursts through its 52 week hight. its this sought of mentality that made people buy KQ at 140,CFC at 140(pre merger),Kenya Re at 18 in 2006..i can go on...once a share busts its 52 week high it becomes speculative like @wathaika said...WHATS DRIVING SCAN @ THE MOMENT=SPECULATION...COOP=SPECULATION...Until we see the 5.2 Bil projected profits...it remains just speculation...
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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qw25041985 wrote:I agree with @ miss guru . 52 week highs are buying opportunities. Case in point CO-OP BANK and SCAN GROUP. And also centium. Its buy buy buy buy buy buy buy buy when a sound business bursts through its 52 week hight. You are just about to roast your fingers. When stocks go high, you ride out your profits, rebalance or take profits. Life is short. Live passionately.
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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nguru- I wasn't talking about whether a 52-week high is a buying opportunity, I was talking about whether its a bargain. There is clear bluewater between the two...Equity at Ksh14-6 was a bargain, Equity at Ksh24 is a buying opportunity. The Governor of Nyeri - 2017
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Wa_ithaka wrote:nguru- I wasn't talking about whether a 52-week high is a buying opportunity, I was talking about whether its a bargain. There is clear bluewater between the two...Equity at Ksh14-6 was a bargain, Equity at Ksh24 is a buying opportunity. the word bargain is a relative term but can i ask why would one buy into a counter if they didnt think it was a bargain Mark 12:29
Deuteronomy 4:16
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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A 52 week high is a buying opportunity like it or not. What matters is what kind of a trader you ar. A momentum trader will put more emphasis on the 52 week high than say a value investor. And what's this talk about scan group and bharti. Any information fellow investors. Your future depends on your dreams so go to sleep !
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Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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Wa_ithaka wrote:nguru- I wasn't talking about whether a 52-week high is a buying opportunity, I was talking about whether its a bargain. There is clear bluewater between the two...Equity at Ksh14-6 was a bargain, Equity at Ksh24 is a buying opportunity. I think bargain and buy are synonymous for a value investor...for they have to look for bargain stocks and buy...so that they can operate on "margin of safety"
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@qw Coop first quater 2010 PAT shot up by 21% well behind EQTY(Outlier) @ 43%,Nic @ 43%,DTBK @ 29% and Std Chartd @ 39%...
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Rank: Chief Joined: 1/3/2007 Posts: 18,134 Location: Nairobi
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Wow... Mr. Warren Buffett would not be the wealthiest investor if he bought at 52-week highs... He buys BARGAINS... not 52-week highs... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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vvs-wachana. Some of us are either sooooooo slllooooooooow or just like an arguement like those old ladies who aruge with themselves after exhausting all other avenues. If I made you an offer two months ago of "I've observed and believe that Equity will be ksh30 in 2011, would you like to buy it now at ksh16.50 or wait for two months and buy it at Ksh24.50?" The Governor of Nyeri - 2017
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Wazua
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which is the greatest bargain on NSE at the moment??
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