ecstacy wrote:@P.B - I'm liking this Coop & HFCK stories. I have the latter so will just hold on. Any useful effects this year of the HF bond issue? I boarded Coop and alighted when it hit 19/=. It's on my watch list again.@ Whynow, tell me why.
How about my much neglected NBK - on dividend payouts?
How about EAGD - on plain demand figures I am seeing from rich?
NBK is behaving -
"Its price-to-earnings ratio, the measure that tracks the share price relative to the last earnings reported, is currently 8.1, while its peers like Housing Finance, Equity and Co-operative Bank stand at 27.5, 26.1 and 23.8 respectively.
'We can expect that the stock will catch up with the others, but the pace will depend on the investors’ perception about the bank’s business model,' said Mr Samuel Gichohi, the head of research at Standard Investment Bank.
Strong growth
Both market players have confirmed that the share will experience strong growth, in line with recovery of the local stock market to at least match the sector average price to earnings ratio of 17.8.
This puts the market value of the stock at less than half the sector average."
Ref -
http://www.businessdaily...4/-/3n34q3z/-/index.html