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KCB - Shares
sparkly
#11 Posted : Monday, September 20, 2010 3:56:32 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Bodo wrote:

We are neutral on KCB Ltd and recommend that investors look to HOLD their exposure to the stock based on our current valuation of the counter at Ksh.20.
Our view is further informed by the stock’s historical tendency to under-perform after a rights issue...

bla bla bla complete hogwosh. Those are the same brokers who will tell you to buy the same stock at 30 while its in full gallop
Life is short. Live passionately.
PKoli
#12 Posted : Monday, September 20, 2010 4:16:25 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
sparkly wrote:
Bodo wrote:

We are neutral on KCB Ltd and recommend that investors look to HOLD their exposure to the stock based on our current valuation of the counter at Ksh.20.
Our view is further informed by the stock’s historical tendency to under-perform after a rights issue...

bla bla bla complete hogwosh. Those are the same brokers who will tell you to buy the same stock at 30 while its in full gallop


Yeah, they are using history of the stock to project its future. Imagine if the did so a few years ago with ARM, Equity, investors would have been mislead.
Gordon Gekko
#13 Posted : Monday, September 20, 2010 5:32:09 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
guru267 wrote:
This is a load of broker crap and was compiled before the details of the use of the rights issue proceeds...

As local brokers advise you sell foreigners are loading up...


Amen @guru, ni wewe tu. Say it like it is. The damn thing did 19.50 today
PKoli
#14 Posted : Monday, September 20, 2010 5:36:04 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Me thinks that at 19.5 it is still a buy. We will soon cross 20 and will not look back
youcan'tstopusnow
#15 Posted : Monday, September 20, 2010 7:23:57 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Bodo wrote:
the NSE has typically assigned a 36% discount to KCB relative to its peer group.

Never thought I'd read such a statement from a report. They are looking at the past instead of focussing on the future. Which broker is this? But they don't really care whether you buy or sell. They still make the money!
GOD BLESS YOUR LIFE
kyt
#16 Posted : Monday, September 20, 2010 9:02:55 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
if you want to hold the stock 4 the next 2 yrs then buy otherwise. Its not a buy 4 me!
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
kyt
#17 Posted : Monday, September 20, 2010 9:06:50 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
In a world where the public buying and selling is not driven by sentiments, i think the quantity of kcb shares is there un-doing. Safcom does a 23bn and nothing happens. Kcb is on course 4 an 8bn profit end yr. But the shares are too many 4 any significant change in the short time.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
youcan'tstopusnow
#18 Posted : Monday, September 20, 2010 9:33:12 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
kyt, Equity and COOP have more shares than KCB, rendering your arguement invalid
GOD BLESS YOUR LIFE
qw25041985
#19 Posted : Monday, September 20, 2010 10:42:47 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@ kty. Ur reasonin is pathetic. Do u know a term calld free float ?
By the way sit on the sidelines and watch me do 26% on kcb in the comin weeks while u are still figurin out what free float is !
Your future depends on your dreams so go to sleep !
youcan'tstopusnow
#20 Posted : Tuesday, September 21, 2010 12:06:12 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Bodo, I see you work for Genghis Capital. Do you take Wazuan's views into any of your reports?
GOD BLESS YOUR LIFE
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