Rank: Elder Joined: 6/23/2009 Posts: 14,223 Location: nairobi
|
obiero wrote:Spikes wrote:obiero wrote:obiero wrote:researchfirst wrote:Spikes wrote:mlennyma wrote:mlennyma wrote:researchfirst wrote:This discussion is becoming ridiculous. Actually read the article in BD, there are no "shocking revelations" and there is absolutely nothing in it to indicate that "Brtiam is run like a personal property." Some wazuans in this discussion are just upset that they bailed too early on the stock and are now (and have been for a while) desperately trying to talk the stock down to buy back in. It has not worked so far and is not going to work. Britam is an undervalued stock with a promising future. It will hit 18 this year. and by the look of things 14 to print will be a fierce battle the fight is still whether to lose the 14 handle as I predicted and I expect a slight dive after books close before a comeback to fight losing 14 once more After books close next stop is @Researchfirst's buy price. I'll consult cartoons whether to jump in or wait for a deeper slide. @spikes. I don't think so. I am still confident we are heading to 18. Historically, BRIT rebounds very quickly from a minor selloff at book closure. Some may argue that the ride may be a bit more bumpy this year because of profit taking from recent rally, but I'm not convinced. There has been a lot of supply that refused to come down from the 15 mark. You took your profits, but a lot did not. All those buyers who jumped in when you sold (13.50?) are still holding on. 14 has been stubborn and I think this is where the fight will continue to take place. That said, you may be surprised to hear from me that I actually tend to agree with you on the H1 results. I don't think they are going to be so spectacular as to be a catalyst for a major move up. My argument is rather that the main reason BRIT took a dive in 2015 was Rawat. That issue will be fully and finally cleared at AGM. As I see it, we will hold at around 14 now (with a bias to the upside), get a bump after AGM, and a bump after H1 (which will be better than FY15 and will pull some institutional guys back in). From then - assuming election stuff does not get out of control and tank the whole market - I think a rising tide will lift all ships. In BRIT's case, right to my 18 mark. 13.5 clocked today. the share is on yassers list. buy at own peril. will go sub 13.5 on Tuesday. thank me later @obiero you tend to analyse other stocks properly only KQ you go wrong. Thanks @spikes.. KQ will turn, I am close to key sources of information. That's why I sold the initial lot of over 60,000 shares and rebuilt on lower price entry.. 13.55 today was sighted. tomorrow we crack. the exchange bar always runs ahead of all others
|