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STANCHART- AHEAD OF THE PACK.
cnn
#1 Posted : Monday, May 17, 2010 9:15:07 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
A 33 % growth in first quarter PAT,last year they did a 43% YOY when the others were doing single digit growth,its time i took notice.
sheep
#2 Posted : Monday, May 17, 2010 10:06:28 AM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
No corresponding price action however,although the P/E is lower than peers..a good buy... but expect slower growth in the near future...the Directors seem to believe this is a slow grower as seen by their dividend policy...who are we to doubt them.Ive enjoyed a good ride from this stock up more than 60%,time to rebalance my portfolio
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
kizee
#3 Posted : Monday, May 17, 2010 11:55:07 AM
Rank: Member


Joined: 1/9/2008
Posts: 537
other income up from 61 to 400mio..how sutsainable is this income stream???
guru267
#4 Posted : Monday, May 17, 2010 2:31:59 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
i say this is a very good counter poised to give solid gains to anyone who invests in it due to solid profit and dividend growth.... too bad its out of the ordinary mwananchi's hands...

i think they should consider a share split soon...
Mark 12:29
Deuteronomy 4:16
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