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NIC Bank
Candlesticks
#1 Posted : Tuesday, February 18, 2014 2:36:59 PM
Rank: New-farer


Joined: 12/16/2013
Posts: 49
Location: Nairobi
To say the least, i dont get that counter!! The price fluctuates too much..well demand and supply in play but its been at the same playing position for what,,a year now

"'Nowadays people know the price of everything and the value of nothing.' - Oscar Wilde.
sparkly
#2 Posted : Tuesday, February 18, 2014 7:33:15 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Candlesticks wrote:
To say the least, i dont get that counter!! The price fluctuates too much..well demand and supply in play but its been at the same playing position for what,,a year now



True, very volatile. Always undervalued relative to the industry.


A steady growth company whose price is stunted by the fact that it is a tier 2 bank that pays measly dividends.


In an industry that has DTB, CO-OP, KCB and EQT it is bound to be overlooked.


The trick is to play for capital gains. I sold my average buy of 28 (factoring bonuses and rights) at average sale of 55. Thats almost 100% in 1.5 years.


I am still stuck with an odd lot of 62 shares because of those bonuses and rights.

Life is short. Live passionately.
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