When it hits 50, is when we'll start talking. Was level today.

[quote=Cicero]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![/quote]

Take-off for NIC has taken far too long

[quote=guru267][quote=PKoli][quote=Cicero]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![/quote]

Take-off for NIC has taken far too long[/quote]

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[/quote]
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.

It's about time. It's been snoozing too much even since the last time it hit 48!!!

Twaziuza hamsini! Ni ya leo.,ni ya leo.