Good results beyond analyst estimates, but the shares just wobble. There are many possibilities :-

(i) They are fully priced irrespective of the sterling performances.

(ii) Better returns in terms of bonus were expected.

(iii) Miserly dividend (relative to dividend yield) of EB

I hope Jubilee do not tow the same line because from precedent, it is a miserly company in terms of returns to shareholders.

My Thoughts

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For those speculating on those stocks, the best bet is to hold and wait for Q1 results in a couple of months time.

If the momentum is sustained in terms of good performance in Q1, then your expectation of KCB at 30+, EB at 35* and BBK at 75+ will be met.

My last bet is DTB, let's wait n see where it takes us.

@Mzee Young,
There has been little excitement in the market despite stellar performance of the financials. I doubt if any one expected the kind of results KCB produced. I would have expected it to trade at a p/e of not lest than 10, implying a price of about KES 28 a share.I doubt it will remain at 23 for long. I do not expect BBK to produce kind of results in Q1 since they benefited from one off sell of custodial business.KCB's performance will largely depend on the group's performance. I see huge prospects in SS. I espect Equity too to perform well. The group's results indicate faster break-even in new branches outside Kenya than KCB.
The 30-35 prices are quite feasible.

Has anyone noticed TPSE has been on upward motion?must be because of the rising inflation

True that! But it seems the market will go much lower. 2008 all over again? StatMeister, I see you are back from your self-imposed exile...

Will the global economy and the Arab Crises have no impact at all on NSE performance?