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NIC take off?
Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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Hmmm....This stock continues to have upward momentum.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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When it hits 50, is when we'll start talking. Was level today. GOD BLESS YOUR LIFE
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Rank: Member Joined: 7/7/2009 Posts: 111
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I cant wait for it to hit 50. Better still, if it can have a stronger upward momentum after 50 and end up at 60 or above, so be it ... I will be glader! Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it...
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Cicero wrote:I cant wait for it to hit 50. Better still, if it can have a stronger upward momentum after 50 and end up at 60 or above, so be it ... I will be glader! Take-off for NIC has taken far too long
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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PKoli wrote:Cicero wrote:I cant wait for it to hit 50. Better still, if it can have a stronger upward momentum after 50 and end up at 60 or above, so be it ... I will be glader! Take-off for NIC has taken far too long When one takes a closer look at this bank... Its not that cheap... mainly because its dividend yield is bogus unless they pay a bonus and its forward P/E is about 10 which is not the cheapest you'll find on the market.... But maybe Q3 results might really impress and give gas to the engine Mark 12:29
Deuteronomy 4:16
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Rank: New-farer Joined: 8/23/2010 Posts: 63 Location: Kampala
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guru267 wrote:PKoli wrote:Cicero wrote:I cant wait for it to hit 50. Better still, if it can have a stronger upward momentum after 50 and end up at 60 or above, so be it ... I will be glader! Take-off for NIC has taken far too long When one takes a closer look at this bank... Its not that cheap... mainly because its dividend yield is bogus unless they pay a bonus and its forward P/E is about 10 which is not the cheapest you'll find on the market.... But maybe Q3 results might really impress and give gas to the engine Guru267..you know, if your to value this counter based on PE, you'll be disgusted by it in relation to other financials, but if you look at it in the business perspective like i do, you'll realize its selling by a significant discount from value of about 30% and the business has been growing at a good rate abt 18-23% over the last 5-7yrs. And there recent entry in nai is going to grow them. At 44 and below is a good entry point and you can just hang onto this stock for some time. Ignore the dividends and let them grow the business. Something good might happen.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Hamsini GOD BLESS YOUR LIFE
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Rank: Member Joined: 4/17/2009 Posts: 194
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It's about time. It's been snoozing too much even since the last time it hit 48!!!
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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youcan'tstopusnow wrote:Hamsini Ndio. The stock is slowly climbing up. Hmmm....
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Twaziuza hamsini! Ni ya leo.,ni ya leo. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Aguytrying wrote:Twaziuza hamsini! Ni ya leo.,ni ya leo. Lucky you guys, I never paid attention to this stock
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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PKoli wrote:Aguytrying wrote:Twaziuza hamsini! Ni ya leo.,ni ya leo. Lucky you guys, I never paid attention to this stock by the way i dont have it. Failed to get an entry point and let it go. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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qw25041985 wrote:The price to look at is yrs high of 42.50 . But we are headed there. If we pass it i put life savings there !!! @qw did you? Btw this is the scangroup of financials and am liking it, oh yes. Twende mpaka 76... Life is short. Live passionately.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Still aiming for this - http://www.wazua.co.ke/f...&m=114472#post114472$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@sparkly . Nope . i fell in love with Co-oP and thats where my life savings are.But i feel that NIC will do fine.I see an eighty in the horizon. @ a guy tryin.Itsnt wise to leave a stock just coz it headed high.As a matter of fact i dnt bother buyin stocks that arent goin any high.A stock goin high shows allot of bullishness from the investors and thus a good stock to buy.Which investor will be bidding up the price if fundermentals dnt support the high price. Dnt be left out of nic.you could recoup your losses in Unga (if you bought it on hope ,that is) Your future depends on your dreams so go to sleep !
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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qw25041985 wrote:@sparkly . Nope . i fell in love with Co-oP and thats where my life savings are. @qw... i thought in the KCB thread all your life savings were in KCB??? Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,211 Location: Nairobi
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guru267 wrote:qw25041985 wrote:@sparkly . Nope . i fell in love with Co-oP and thats where my life savings are. @qw... i thought in the KCB thread all your life savings were in KCB??? No, they are in BUY BUY BUY when they are not in SELL SELL SELL... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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VVs . aaaaaarrrgggggghhhhhhhhhhhhhhhhhhhhh!!!!!!!!!!!!!!everytime up speak is lik you are just vomitin useless words.I dnt know what u are high on but its no better than cheap illegal liquor.Unaongea taka taka kila saa . nyamaza !!!!!!!!!!!!! @ Guru. 3/4 of my portfolio is in banks . So Co-op and Kcb and some recently aquired equity are my favourites as we close the year.....By the way KCB is my darling wait until we pass that sturborn 24.00 ,35.00 is my objective.....Its gonna be a nice end of year if you ask me. Your future depends on your dreams so go to sleep !
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Rank: Member Joined: 7/5/2008 Posts: 390
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qw25041985 wrote:VVs . aaaaaarrrgggggghhhhhhhhhhhhhhhhhhhhh!!!!!!!!!!!!!!everytime up speak is lik you are just vomitin useless words.I dnt know what u are high on but its no better than cheap illegal liquor.Unaongea taka taka kila saa . nyamaza !!!!!!!!!!!!!
@ Guru. 3/4 of my portfolio is in banks . So Co-op and Kcb and some recently aquired equity are my favourites as we close the year.....By the way KCB is my darling wait until we pass that sturborn 24.00 ,35.00 is my objective.....Its gonna be a nice end of year if you ask me. it will be nice to quote u at the end of the year. Among the financials KCB has a big part of me...
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Apple Bees wrote:qw25041985 wrote:VVs . aaaaaarrrgggggghhhhhhhhhhhhhhhhhhhhh!!!!!!!!!!!!!!everytime up speak is lik you are just vomitin useless words.I dnt know what u are high on but its no better than cheap illegal liquor.Unaongea taka taka kila saa . nyamaza !!!!!!!!!!!!!
@ Guru. 3/4 of my portfolio is in banks . So Co-op and Kcb and some recently aquired equity are my favourites as we close the year.....By the way KCB is my darling wait until we pass that sturborn 24.00 ,35.00 is my objective.....Its gonna be a nice end of year if you ask me. it will be nice to quote u at the end of the year. Among the financials KCB has a big part of me... I have been an advocate of KCB from the time of the rights and I am still bullish on it.
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