read somewhere 20th april 2010.

Growth has been consistently good. I read analysis report from Faida securities and they were pegging price at about 21 after 3rd quarter results.

Me thinks they share will be in the range of 18-20. With expected eps of 2.5 or thereabouts, it should not be trading in the sub 20 region. Obviously assuming the current noise about the CEO business dies.

Anything below 15 should be a good buy.

@cnn; I am sure you must be having half a million shares! when you say half a tone. Based on lat years' dividend yiled, this yr, you should smile all the way.

Not all gains will be recurring...

i flew big time into this counter at 12.5bob so i'm hoping their results are good... though anyone expecting VERY good dividends may be disappointed since the company is looking to boost their capital adequacy ratios to venture more into the life business... i'm looking for a dividend of 60-80cents or a bonus issue

Faida's target price of 21bob was for the end of 2011 though i expect it much sooner since the stock is trading way below the sector P/E...

i'm looking for a profit growth of 13%-17% for 2009 but this is set to improve with the growth of their life business, drive to improve underwritng profitability and venturing into more liquid investments....

S&P expects results to be announced on 20th April

@scubidu i think the cessions will be removed to promote fair competition for market....

as for the price your broker is very right... there is heavy resistance at 14bob because there was HUGE buying at 7.5-10...

but i do not agree with the price falling back to 9.20 unless the bears return to the NSE...

as for the cup and handle... he is so right this is a classic example and the breakout at 15 means that the price will rally if it hits 15 due to limited supply after heavy buying between 12.5-13.5

http://www.investopedia....erms/c/cupandhandle.asp

compare the example to this
http://investing.busines...pshot.asp?ticker=KNRE:KN

True,a lot of the technical mumbo jumbo will waste u big time....just go with the simple stuff..and don't listen to your broker,they suck!!!

@scubidu fundamentals always prevail in the end... so if you sense market inefficiency in kenya re you should be bold and buy more...

technical analysis only gives you indications of entry and exit points for stocks currency and the like hence its only beneficial to traders...

so if you are invested for more than six months on anything technical analysis becomes very irrelevant...

@chaka results are supposed to be out on tuesday so people are obviously taking positions in the stock... it has traded more than 700k shares per day the whole week..,..

The way am seein things, takin a quick look at this thread, there are quite a number of optimistic guys on kenya-re. Assuming this optimism is replicated in many other forums, I c patience may be needed for long timers. coz if this results are as good as anticipated and the way guys have taken positions (hata mimi i hv my small chunk)! the expectations on this stock may be its undoing in the short run esp speculators. We could have the impatient broken hearted especially if the expectation are half as much as za safcom where crazy people (i almost included) all expected it to jump to 50 bob week 1. I expect volatility from massive selling when substantial gains are made especially from 16 bob..itakuwa kalongolongo.. but the 'real' gainers will be those who exit after dust has settled o those who dispose in small chunks as they survey situation. But thats just one of th many likely scenarios (hopefuli am wrong n by next friday we r on 20bob a share na watu waanze kuponyoka na pickups!). Having said tht,if possible wakipatiana dividend ya 50cents to 80 cents n bonus share,that wont b bad.lakini tym will tell. What's ur take on my 2 cents..any1?

Ps: N forgive my word typin..am doin it frm a phone.

The boardroom noise i believe has held it back this week.