youcan'tstopusnow wrote:
But it must be said that every time people hype a stock in Wazua, it tends to disappoint.
Does "Kenya-RE to reach 20" or "KQ can reach 100 by end of World Cup" sound familiar.
Maybe its time to sell Unga if you bought below 10 bob. No? Haha!
@youcan't... when analysts make recommendations on a stock its not because they own crystal balls but rather because they've carried out adequate mathematical and fundamental analysis
i'll use your examples. kenya re all of us analysts calculated a 20-28% growth in profits to cause the share price to jump.. instead it posts a 24% profit reduction hence its trading at 12.5
KQ was expected to have an EPS of 7-8 and instead gave 4.4 then what do you expect from the share price
now going back to unga i expect a share price explosion ONLY if they pay a dividend/bonus
Mark 12:29
Deuteronomy 4:16