Technically from 24.00 resistance kcb will head to 35.00 and thats y i bought it in large quantities...lik i wanted to become a board member.

@guru Seems @cnn has answered your question/s about KK

- Regional expansion = sales to increase from 40% to 60% in 2 years. Less reliance on Kenya. KK is developing Tanzania as the import hub for Great Lakes Region [Regional markets are more profitable anyway]
- KK will not sell at a loss in Kenya unless for cashflow or strategic reasons. Note that there is no more interest to minimize IMPORT costs under OTS since it will all be passed on to us under the new rules.
- Diesel is 40% of fuel sales [from earlier discussions] & the margins seem better than petrol.
- Shift of business from Independents to Brands. Why would I fill up at a no-name station for the same price as going to KK?

@ smut, and what DPS? Some shares are just crap!

I also think one of the best investments for the year is Kcb @ 23-24:
1. With the real estate financing @ Msa, deal with Nhc and a successful rights issue that will be dedicated to improvement in mortgages. I expect an improvement in interest income (might make more than 500m in interest in one deal)
2. A prescence in EA & are on the profitability curve in Tz & Ug. Good prospects in SS coz of the renewed optimism.
3. Good dividend yield.
4. A healthy asset base & loan book.
5. Vast branch network

Kcb has landed on a mortgagae financing deal in Rwanda and thus that branch might break-even by the 1st half.