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KCB HALF YEAR 2012 PRE TAX PROFITS UP 48 PERCENT TO 8.5 BILLION!
Cde Monomotapa
#101 Posted : Thursday, August 16, 2012 8:22:52 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
King G wrote:
Sufficiently Philanga....thropic wrote:
King G wrote:
It has held strong at 25. might just reach 27 this one

Then we sell greed (simba) &buy fear (KK) smile


Sell Roar, jump into ARM which is facing a share split.

^wrong move.
hisah
#102 Posted : Friday, August 17, 2012 6:15:59 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
King G wrote:
Sufficiently Philanga....thropic wrote:
King G wrote:
It has held strong at 25. might just reach 27 this one

Then we sell greed (simba) &buy fear (KK) smile


Sell Roar, jump into ARM which is facing a share split.

^wrong move.

ARM vs KCB. KCB is better value for your money. Hapo nimekubaliana na @cde.

Simba is likely to squeeze out another 20-30% price gain in 2013 and still pay a fat dividend of 2/- or more while ARM will be trying to balance out the stock split. Stock splits have a way of killing momentum. Even Buffet avoids them. Let those that can afford buy it. BAT is trading @400 and still has buyers. Value is what matters for sound investment.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#103 Posted : Friday, August 17, 2012 6:24:16 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Sufficiently Philanga....thropic wrote:
King G wrote:
It has held strong at 25. might just reach 27 this one

Then we sell greed (simba) &buy fear (KK) smile

KQ, Coop & NBK are at fear zones in cartoon terms while KK has a long way to go.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#104 Posted : Friday, August 17, 2012 6:35:05 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
Sufficiently Philanga....thropic wrote:
King G wrote:
It has held strong at 25. might just reach 27 this one

Then we sell greed (simba) &buy fear (KK) smile

KQ, Coop & NBK are at fear zones in cartoon terms while KK has a long way to go.

I see Total managed to creep back to 17. Citi really being made to sweat on their 18/= KQ target price...
GOD BLESS YOUR LIFE
Jamani
#105 Posted : Friday, August 17, 2012 1:22:15 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Extract-----
----------- Dilution trumps upside, new TP Ksh11, reiterate SELL: Unfortunately for Co-operative Bank, our new target price is doubly hit by including the bonus issue to our number of shares and by building in the anticipated c30% dilution from what we view as a hardly avoidable capital raise. We cut our target price to Ksh11 from Ksh13 previously. On this basis, the stock trades at a FY13E P/E of 7.9x and P/B of 1.85x, we see better value and upside in KCB (BUY, TP Ksh30).
guru267
#106 Posted : Friday, August 24, 2012 9:42:17 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Aguytrying wrote:
@guru. dont be left dancing when the music stops. a spanner MUST be thrown in the works sooner or later n not just kcb.


Bruv...

The music might only stop long after we are all in our graves!

Kenya and East Africa is in for a major infrastructure, real estate, oil, gas & electricity boom that will likely oulast our lifespans..

Banks are one of the biggest beneficiaries of boom times such as these...

Lets not even go into the debate of the falling tbill rate, and the impact it Will have on KCBs bond portfolio & dividend yield!

As i have been saying all year to those planning for 15bob.. SELL ROOAAR AT YOUR OWN PERIL!!

Mark 12:29
Deuteronomy 4:16
Aguytrying
#107 Posted : Saturday, August 25, 2012 10:55:13 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
guru267 wrote:
Aguytrying wrote:
@guru. dont be left dancing when the music stops. a spanner MUST be thrown in the works sooner or later n not just kcb.


Bruv...

The music might only stop long after we are all in our graves!

Kenya and East Africa is in for a major infrastructure, real estate, oil, gas & electricity boom that will likely oulast our lifespans..

Banks are one of the biggest beneficiaries of boom times such as these...

Lets not even go into the debate of the falling tbill rate, and the impact it Will have on KCBs bond portfolio & dividend yield!

As i have been saying all year to those planning for 15bob.. SELL ROOAAR AT YOUR OWN PERIL!!



Despite the similarity, i do not mean there is something wrong with the banking sector like citi bank suggests.
Im a firm believer of KCB prospects, and would want nothing more than to buy more at a lower price. Lets not predict anything, lets just wait and see what will happen and take the opportunity(whichever way it goes smile )
The investor's chief problem - and even his worst enemy - is likely to be himself
guru267
#108 Posted : Saturday, August 25, 2012 11:12:14 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Aguytring wrote:
Lets not predict anything, lets just wait and see what will happen and take the opportunity(whichever way it goes smile )


The opportunity is now! Even at 25.50 bob KCBs valuation is very compelling...

Trailing P/E = 6.85
Trailing dividend yield = 7.25%
Trailing price/book = 1.7

Forward P/E = 5
Forward dividend yield = 10%
Forward price/book = 1.25

For a company that plans a C.A.G.R in PAT of 30% until 2020 it does not get cheaper than this...

BUY WHILE STOCKS LAST! smile
Mark 12:29
Deuteronomy 4:16
holycow
#109 Posted : Tuesday, August 28, 2012 6:27:47 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
If the Mombasa, Wajir & Tana chaos get ugly & the foreigners who've been buying Roar get spooked. That would present a good accumulation point.
King G
#110 Posted : Tuesday, August 28, 2012 7:32:06 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
holycow wrote:
If the Mombasa, Wajir & Tana chaos get ugly & the foreigners who've been buying Roar get spooked. That would present a good accumulation point.


Seriously, amid the chaos you are seeing opportunity, ok this is Kenya
Thieves
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