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Citigroup says Kenyan bank stocks overvalued
young farmer
#1 Posted : Friday, December 05, 2014 4:11:07 AM
Rank: New-farer


Joined: 9/25/2012
Posts: 58
Location: kenia
Do kenyan banks stock really worthy their value.

http://www.businessdaily.../-/15bh489/-/index.html
Gatheuzi
#2 Posted : Friday, December 05, 2014 7:07:02 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
Citi is right especially on saying equity is at best worth 37 and Coop 22. KCB has also reached its maximum.

What I would have wanted to see are their sentiments on CFCStanbic Bank which in my view has not yet reached its max.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
mlennyma
#3 Posted : Friday, December 05, 2014 8:07:13 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Supply and demand,even houses in nairobi are not worth what they are sold or rented.
"Don't let the fear of losing be greater than the excitement of winning."
whiteowl
#4 Posted : Friday, December 05, 2014 11:31:16 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
These guys are like any major league financial advisers.Just like JPMorgan I can never take them seriously. They mislead the masses and bet against their own clients so if anything, I would do the exact opposite of what they tell me to.
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