mwekez@ji wrote:
Lets compare KCB and HF
KCB 3yr high; 27 (Current price 23)
HF 3 yr high; 30 (current price 15)
KCB Net Book Value; 13 (P/B; 1.8)
HF Net Book Value; 20.25 (P/B; 0.75)
KCB PER; 6.2
HF PER; 5.6
Synergy; S&L and KCB
Synergy; HF and Equity Bank
Conclusion: HF is a BUY now. For KCB, wake me up when foreigners are done buying, my strategy remains buy low sell high and foreigners have already pushed KCB close to the 3 yr high.
What exactly is the synergy between Equity and HF?? I dont see HF having access to equitys client list.. And last time i checked equity had its own mortgage dept..
Btw KCB Book value is 16 & not 13 as stated above..
I noticed you did not compare dividend yields??
Oh yeah FYI past research has shown the best decisions on the NSE are made by foreign investors and the worst are usually made by locals...
Mark 12:29
Deuteronomy 4:16