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3rd Quarter Rally........What to buy
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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streetwise wrote:which is the cheapest bank to buy at this rate. The numbers are as such: >>>>>>>>>>>>> EPS PECFC Bank 9.9 : 8.081 HFCK 3.22 : 8.23 Coop Bank 1.84 : 9.239 NIC 6.03 : 9.619 DTB 17.44 : 10.378 BBK 1.61 : 10.963 Equity Bank 3.26 : 11.426 StanChart 26.1 : 11.686 KCB 4.11 : 12.105 NBK 1.49 : 13.758 Mean PE 10.549 I&M figures missing Assuming flat earnings and an averaged PE of 10.549 the prices would be: CFC Bank 104.44 HFCK 33.97 Coop Bank 19.41 NIC 63.61 DTB 183.97 BBK 16.98 Equity Bank 34.39 StanChart 275.33 KCB 43.36 NBK 15.72 Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 1/3/2007 Posts: 18,118 Location: Nairobi
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@PesaNane I&M Bank/Group (not Holdings) for 2013 Q1 PAT (not Comprehensive) 938,811,000 Q2 PAT (not Comprehensive) 2,177,940,000 There was a huge loss in Mauritius in Q1 2013 relating to losses on derivatives. At the Investor Briefing, the EO said it was all provided for & losses were stemmed. 1H 2013 EPS is approx 6/- and if Q2 performance continues then FY 2013 EPS should be between 12-14. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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VituVingiSana wrote:@PesaNane
I&M Bank/Group (not Holdings) for 2013
Q1 PAT (not Comprehensive) 938,811,000
Q2 PAT (not Comprehensive) 2,177,940,000
There was a huge loss in Mauritius in Q1 2013 relating to losses on derivatives. At the Investor Briefing, the EO said it was all provided for & losses were stemmed.
1H 2013 EPS is approx 6/- and if Q2 performance continues then FY 2013 EPS should be between 12-14.
noted with thanx Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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FUNKY wrote:http://www.businessdailyafrica.com/Corporate-News/Co-op-Bank-eyes-mining-deals-in-South-Sudan/-/539550/2027254/-/ijc3xt/-/index.html  "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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Metasploit wrote:Metasploit wrote:you have left behind Britam (Good volumes and increased foreign interest for last 4 trading sessions;plus a bullish chart breakout on price above 8.7) and Kengen (Bullish chart)
Exit volumes on Kenya Re and Kenol kobil Seems Britam is finally breaking above its all time High of 9.45 today.Foreigners are accelerating this thing like crazy Britam is on fire,@ 10 on solid volumes.
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Rank: Veteran Joined: 7/22/2008 Posts: 1,139
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cnn wrote:Metasploit wrote:Metasploit wrote:you have left behind Britam (Good volumes and increased foreign interest for last 4 trading sessions;plus a bullish chart breakout on price above 8.7) and Kengen (Bullish chart)
Exit volumes on Kenya Re and Kenol kobil Seems Britam is finally breaking above its all time High of 9.45 today.Foreigners are accelerating this thing like crazy Britam is on fire,@ 10 on solid volumes. This Britam. Sold my chunk @ 9.20 on Wednesday last week. Was so much convinced , it will not go above 10. I was wrong! "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: New-farer Joined: 9/12/2012 Posts: 13
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Gut feeling on what to buy. COOP at ksh 17.15
MSC at ksh 3.70 and KK at Ksh. 8.50
Caution No research has been conducted.
Now explaining the Gut feeling.
COOP had a good 2013 Q1 but I don't know how good
KK I guess the bad news are out of stock.
MSC even crap does float when it floods and I guess the market is flooded with buyers
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Rank: Member Joined: 1/15/2010 Posts: 625
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I'm with the DJ all the way to 2015.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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I have some idle "millions" (or ain't 0.8M/-, millions), so, for this 3rd Quarter, what can i buy? p.s I don't fear fast money p.s.s i can wait 2 years for the big gain p.p.s.s it MUST be stocks, not bonds nor whatevers Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 11/7/2013 Posts: 127 Location: Nairobi, Kenya
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dunkang wrote:I have some idle "millions" (or ain't 0.8M/-, millions), so, for this 3rd Quarter, what can i buy?
p.s I don't fear fast money
p.s.s i can wait 2 years for the big gain
p.p.s.s it MUST be stocks, not bonds nor whatevers Kenya: BAMBi, CFC-Stanbic, Scan. Uganda: UCL* Tanzania: CRDB Rwanda: BK Consider Nigeria, Malawi, Zambia (our currency offers purchasing power in all these markets- watch conversion losses though, have to be smart on those) Choose just one market. NB: I may have ''over-answered'' your question. NBB: My approach is based on underlying businesses, not the prices. I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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dunkang wrote:I have some idle "millions" (or ain't 0.8M/-, millions), so, for this 3rd Quarter, what can i buy?
p.s I don't fear fast money
p.s.s i can wait 2 years for the big gain
p.p.s.s it MUST be stocks, not bonds nor whatevers  Why store new wine in old skins??? You ought to have started a new thread than visiting a year back thread. Anyway you have headroom in Britam, Sameer, BBK, COOP, carbacid and NSE that are well priced for now and promising Another parked stock is KK, I won't tell when it will fly but you can allocate it 200 Thousands.
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Rank: Member Joined: 1/15/2010 Posts: 625
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mv_ufanisi wrote:I'm with the DJ all the way to 2015. Since I posted this, stock is up 130%. Sometimes, it does make sense to put all your eggs in one basket and watch it like a hawk.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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the deal wrote:I can see euphoria has taken over...ati SCOM at Ksh15...it looks like folks have thrown reason out of the window...SCOM at Ksh15 means it will trade on a PE of 15 even if it announces an EPS of Ksh1...now that's a PAT of Ksh50Bn folks...  ....no way in the next 3 years is SCOM reporting a PAT of Ksh50Bn in the next 3 years. Proven wrong young Tuesday, October 08 2013 wrote: So right. He was a master in this "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 13,532 Location: nairobi
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Sanlam & KQ, nothing else, especially not financials
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 6/6/2016 Posts: 165 Location: Nairobi
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Watching Kengen at 7.00 for price and volume action. too early to judge but if i am not mistaken i see an ascending triangle
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Veteran Joined: 11/13/2015 Posts: 1,595
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Metasploit wrote:Watching Kengen at 7.00 for price and volume action.
too early to judge but if i am not mistaken i see an ascending triangle Finally out of the downward channel upside is 
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Metasploit wrote:Watching Kengen at 7.00 for price and volume action.
too early to judge but if i am not mistaken i see an ascending triangle  21M shares exchanged from May 16th with volume spike at 7,7.2 and 7.5 Breakout above 7 Target at 8.5 (i.e Breakout point=7 minus Lowest point=5 * 0.75) As expected the peer is doing the chase after confirming support at 6.5 (12M shares exchanged from May 16th).watch KPLC price/volume behaviour above 7 what was special on may 16th..Volume spikes??
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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 Same script for NIC.. Watch the price/volume action at 30 before jumping in..Target 38
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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3rd Quarter Rally........What to buy
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