Rank: Elder Joined: 11/7/2007 Posts: 2,182
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mwekez@ji wrote:At the listing price of KES 3.50, the counter will be trading at a trailing P/E of 13x against a sector average of 7.9x and a dividend yield of 2.57% against a sector average of 4.0%. (sib). that is the biggest scare of all, it is under-performing on all measures LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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kyt wrote:mwekez@ji wrote:At the listing price of KES 3.50, the counter will be trading at a trailing P/E of 13x against a sector average of 7.9x and a dividend yield of 2.57% against a sector average of 4.0%. (sib). that is the biggest scare of all, it is under-performing on all measures No one is mentioning growth potential. That is what buyers do, else no one would have bought equity, ARM, EABL etc
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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PKoli wrote:kyt wrote:mwekez@ji wrote:At the listing price of KES 3.50, the counter will be trading at a trailing P/E of 13x against a sector average of 7.9x and a dividend yield of 2.57% against a sector average of 4.0%. (sib). that is the biggest scare of all, it is under-performing on all measures No one is mentioning growth potential. That is what buyers do, else no one would have bought equity, ARM, EABL etc No sale yet? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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jerry wrote:PKoli wrote:kyt wrote:mwekez@ji wrote:At the listing price of KES 3.50, the counter will be trading at a trailing P/E of 13x against a sector average of 7.9x and a dividend yield of 2.57% against a sector average of 4.0%. (sib). that is the biggest scare of all, it is under-performing on all measures No one is mentioning growth potential. That is what buyers do, else no one would have bought equity, ARM, EABL etc No sale yet? I was too ambitious with a price of 6 bob, my broker tells me the price is now 5 bob.
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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PKoli wrote:kyt wrote:mwekez@ji wrote:At the listing price of KES 3.50, the counter will be trading at a trailing P/E of 13x against a sector average of 7.9x and a dividend yield of 2.57% against a sector average of 4.0%. (sib). that is the biggest scare of all, it is under-performing on all measures No one is mentioning growth potential. That is what buyers do, else no one would have bought equity, ARM, EABL etc boss ARM and EABL were good and still are good growth counters as long as people are being born, unless we all turn gay  LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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@Pkoli. Thanks, I'm yet to immobilise my shares and if I had money I would be buying more. The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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jerry wrote:@Pkoli. Thanks, I'm yet to immobilise my shares and if I had money I would be buying more. @jerry, welcome. With time, the price will stabilize to around 4. You should be able to accumulate more.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Btw CIC headline of a 50% gain on its debut listing is nothing compared to CFCI gains on its listing debut... Quote:CFCIH shares soared 141.3 per cent from a listing price of Sh6.15 each to a closing average of Sh14.86 after the insurance business was split from the CFC Stanbic Holdings Group. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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heri wrote:what is best price to sell at? am quoting a sell price of sh 12 Can I sell you mine at 5/-? U can then make 7/- later on! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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not bad overpriced entry largely went as expected. this may continue until It settles. i like this company it could be one of those stars of the nse. a high of 7.00 who foresaw that. The investor's chief problem - and even his worst enemy - is likely to be himself
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