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NIC take off?
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The Merchant
#21 Posted : Tuesday, October 12, 2010 12:23:05 AM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
Hmmm....This stock continues to have upward momentum.
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youcan'tstopusnow
#22 Posted : Tuesday, October 12, 2010 12:30:46 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
When it hits 50, is when we'll start talking. Was level today.
GOD BLESS YOUR LIFE
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Cicero
#23 Posted : Tuesday, October 12, 2010 12:36:01 PM
Rank: Member

Joined: 7/7/2009
Posts: 111
I cant wait for it to hit 50. Better still, if it can have a stronger upward momentum after 50 and end up at 60 or above, so be it ... I will be glader!
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it...
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PKoli
#24 Posted : Tuesday, October 12, 2010 12:51:26 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Cicero wrote:
I cant wait for it to hit 50. Better still, if it can have a stronger upward momentum after 50 and end up at 60 or above, so be it ... I will be glader!


Take-off for NIC has taken far too long
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guru267
#25 Posted : Tuesday, October 12, 2010 1:09:12 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
PKoli wrote:
Cicero wrote:
I cant wait for it to hit 50. Better still, if it can have a stronger upward momentum after 50 and end up at 60 or above, so be it ... I will be glader!


Take-off for NIC has taken far too long


When one takes a closer look at this bank... Its not that cheap... mainly because its dividend yield is bogus unless they pay a bonus and its forward P/E is about 10 which is not the cheapest you'll find on the market....

But maybe Q3 results might really impress and give gas to the engine
Mark 12:29
Deuteronomy 4:16
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msimon
#26 Posted : Tuesday, October 12, 2010 2:58:57 PM
Rank: New-farer

Joined: 8/23/2010
Posts: 63
Location: Kampala
guru267 wrote:
PKoli wrote:
Cicero wrote:
I cant wait for it to hit 50. Better still, if it can have a stronger upward momentum after 50 and end up at 60 or above, so be it ... I will be glader!


Take-off for NIC has taken far too long


When one takes a closer look at this bank... Its not that cheap... mainly because its dividend yield is bogus unless they pay a bonus and its forward P/E is about 10 which is not the cheapest you'll find on the market....

But maybe Q3 results might really impress and give gas to the engine

Guru267..you know, if your to value this counter based on PE, you'll be disgusted by it in relation to other financials, but if you look at it in the business perspective like i do, you'll realize its selling by a significant discount from value of about 30% and the business has been growing at a good rate abt 18-23% over the last 5-7yrs. And there recent entry in nai is going to grow them. At 44 and below is a good entry point and you can just hang onto this stock for some time. Ignore the dividends and let them grow the business. Something good might happen.
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youcan'tstopusnow
#27 Posted : Friday, October 15, 2010 11:17:02 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Hamsini
GOD BLESS YOUR LIFE
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Iborian
#28 Posted : Friday, October 15, 2010 11:55:31 AM
Rank: Member

Joined: 4/17/2009
Posts: 194
It's about time. It's been snoozing too much even since the last time it hit 48!!!
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The Merchant
#29 Posted : Friday, October 15, 2010 2:07:18 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
youcan'tstopusnow wrote:
Hamsini

Ndio. The stock is slowly climbing up. Hmmm....
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Aguytrying
#30 Posted : Friday, October 15, 2010 6:58:21 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Twaziuza hamsini! Ni ya leo.,ni ya leo.
The investor's chief problem - and even his worst enemy - is likely to be himself
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