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stocks to watch as from 18-29 oct.
wangugi
#11 Posted : Monday, October 18, 2010 2:04:41 PM
Rank: New-farer

Joined: 10/5/2010
Posts: 23
NBK is now the cheapest bank trading @ PE of 10, 50 is a fare price
guru267
#12 Posted : Monday, October 18, 2010 2:20:06 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
2012 wrote:
mlennyma wrote:
Whats that you dont understand here?..7b bond...returns in housing are the best and most guaranteed says researh..housing un exploited,.we weee


My friend, what you should also remember is that bonds are loans which have to be paid back. It's not the same as a right issue. So please factor that in before you start counting your dividends.


Thats why I love KCB and sold all my HFCK at 26.5 to buy it....

KCB through S&L can now lend up to 6billion PER CUSTOMER and it didnt issue a bond to achieve this so all the returns will come my way... Laughing out loudly

I dont know the market is still pricing KCB at more than 4% trailing dividend yield...

Mark 12:29
Deuteronomy 4:16
guru267
#13 Posted : Monday, October 18, 2010 2:21:43 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
wangugi wrote:
NBK is now the cheapest bank trading @ PE of 10, 50 is a fare price


@wangugi do you know about their pending share restructuring... There's a reason for everything
Mark 12:29
Deuteronomy 4:16
dave.kim
#14 Posted : Monday, October 18, 2010 2:33:21 PM
Rank: Member

Joined: 6/25/2010
Posts: 176
Co-op?
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
sheep
#15 Posted : Monday, October 18, 2010 2:47:24 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
DTK at 130...tunaeda huraatete *2...ilkuwa ni juzi tuu nilikuwa nalala njaa
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.
Govmusili
#16 Posted : Monday, October 18, 2010 2:54:40 PM
Rank: New-farer

Joined: 1/13/2010
Posts: 85
Location: Nairobi
already in dtb, looking to offload unga at > 13.5. does any1 rate KQ??? or too musch uncertainty
guru267
#17 Posted : Monday, October 18, 2010 3:08:06 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Govmusili wrote:
does any1 rate KQ??? or too musch uncertainty


a company that makes most of its profit from deratives is not something i would touch
Mark 12:29
Deuteronomy 4:16
bartum
#18 Posted : Monday, October 18, 2010 4:21:53 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
sheep wrote:
DTK at 130...tunaeda huraatete *2...ilkuwa ni juzi tuu nilikuwa nalala njaa

this stock will do the ARM gymnastics.
I Thing i will re-rate this stock
stocksmaster
#19 Posted : Monday, October 18, 2010 4:51:18 PM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
The case for DTB:

Scenario 1: For the period July to September 2010, DTB makes Ksh 0 net profit. The EPS thus remain same as Half year at Ksh 7.12. For 2009, Q3 was Ksh 4.96. Thus even without any profit growth DTB announces a Q3 rise in earning per share of 43.5%. With this scenario, the share should trade at about Ksh 140 after Q3 results (Trailing P/E 18).This must be the worst case scenario.

Scenario 2:DTB grows at the same rate as Q1 of 2010. This means that for the period July to September 2010, it makes Ksh 2 per share thus as at Q3 it will announce: Ksh 7.12+ Ksh 2= Ksh 9.12. Therefore for Q3, the EPS growth becomes 83.9%.With this scenario, the share should trade at about Ksh 160 after Q3 results (Trailing P/E 21)


Scenario 3: DTB grows at the same rate as Q2 of 2010. This means that for the period July to September 2010, it makes Ksh 5.12 per share thus as at Q3 it will announce: Ksh 7.12+ Ksh 5.12= Ksh 12.24. Therefore for Q3, the EPS growth becomes 146.8%.With this scenario, the share should trade at about Ksh 190-200 after Q3 results (Trailing P/E 25-26). This must be the best case scenario.

Happy hunting.



x handle: @stocksmaster79
bartum
#20 Posted : Monday, October 18, 2010 5:08:41 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
stocksmaster wrote:
The case for DTB:

Scenario 1: For the period July to September 2010, DTB makes Ksh 0 net profit. The EPS thus remain same as Half year at Ksh 7.12. For 2009, Q3 was Ksh 4.96. Thus even without any profit growth DTB announces a Q3 rise in earning per share of 43.5%. With this scenario, the share should trade at about Ksh 140 after Q3 results (Trailing P/E 18).This must be the worst case scenario.

Scenario 2:DTB grows at the same rate as Q1 of 2010. This means that for the period July to September 2010, it makes Ksh 2 per share thus as at Q3 it will announce: Ksh 7.12+ Ksh 2= Ksh 9.12. Therefore for Q3, the EPS growth becomes 83.9%.With this scenario, the share should trade at about Ksh 160 after Q3 results (Trailing P/E 21)
case2 and 3 most plausible

Scenario 3: DTB grows at the same rate as Q2 of 2010. This means that for the period July to September 2010, it makes Ksh 5.12 per share thus as at Q3 it will announce: Ksh 7.12+ Ksh 5.12= Ksh 12.24. Therefore for Q3, the EPS growth becomes 146.8%.With this scenario, the share should trade at about Ksh 190-200 after Q3 results (Trailing P/E 25-26). This must be the best case scenario.

Happy hunting.




case scenario 1 and 2 plausible, nice piece
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