wazua Wed, Mar 25, 2026
Welcome Guest Search | Active Topics | Log In

3 Pages123>
BULL -THE RALLY HAS KICKED OFF
Burning Spear
#1 Posted : Monday, February 07, 2011 11:30:27 AM
Rank: Veteran

Joined: 7/22/2008
Posts: 1,139
in regard to todays trading ;Equity,Co-op,Centum and KCB

the day /the week has started very promising for the above financial giants with promising closures before the week end and probably to the announcing of 2010 results.

To me,and owing to the undervaluation (save for Equity) based on the P/E s and the expected results announcement,I think the buses have already left and cannot stop any more.

For Equity and KCB,Co-op their early entry to southern sudan and the die already cast about the separation,the banks will undoubtly be the biggest players in the region serving the multinationals and the locals.

Centum latest entry in the real estate is the wisest decision it ever made and the profits will only swell.

my predictions is by june;Equity may hit a high of 50,KCB a high of 38,Co-op a high of 30-35 and Centum a high of 30-35.Applause
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
mwanahisa
#2 Posted : Monday, February 07, 2011 11:50:13 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Last week, we did indeed predict the end of the downward correction which appears to have been right on the mark.

I am bullish on practically all the counters you have mentioned above, but pray, what is your basis for the target prices you have set out above? WAY TOO HIGH, if you ask me!
Wororo
#3 Posted : Monday, February 07, 2011 12:20:16 PM
Rank: Member

Joined: 1/30/2011
Posts: 207
What about the political events that have been unfolding in the past few days? Will they have any effect on the 'Bull'? Just curious!
bartum
#4 Posted : Monday, February 07, 2011 12:25:49 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
those prices to high, with politics, inflation, drought i plan to liquidate totally after 1st quartre. DTB and NIC will fly too (195 and 68 respectively)
qw25041985
#5 Posted : Monday, February 07, 2011 12:31:05 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
There was a time i really hated myself for missing some of these buses ( NBK,Mumias etc) but hey . i think i now have a second chance.lol .
for NBK that dividend payout is gonna sky rocket that stock.cannt wait for a 40.00 .
and for those callin kk a penystock . Laughing out loudly . u make me laugh.u cxan take up comedy as a part-time job....coz that a whole load of BS if you ask me.
Your future depends on your dreams so go to sleep !
Sufficiently Philanga....thropic
#6 Posted : Monday, February 07, 2011 1:05:27 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Assuming political soberness going forward, IMHO, any meaningful rise in the price of financials will be in May after the Q1 results start trickling in for this will provide a picture of how 2011 will turn out to be in terms of %age growth in profits!
@SufficientlyP
youcan'tstopusnow
#7 Posted : Monday, February 07, 2011 4:28:33 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
SPt, true. We all know how impressive the full year 2010 results will be. What we don't know is how the banks will perform in 2011. The first quarter 2011 announcements will give an indication of this
GOD BLESS YOUR LIFE
Ericsson
#8 Posted : Monday, February 07, 2011 5:06:07 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Equity at 50 is hard.that will value at about ksh.185 Billion which is more than the valuation of EABL and Safaricom.Equity resistance is at 30.
KCB will hit a high of 30,COOP a high of 25.
For Centum the profit growth will not be sustainable as it is due to them liquidating some of the quoted shares they hold.
Full Yr 2009-2010 and half year 2010 remarkable profits was due to them liquidating their KCB portfolio which they bought is 2001-2 when the share was ksh.8 bob.
I do not see any counter they hold that can give them those high returns.
Downside of Centum is purchasing 40 million Safaricom shares at an average price of ksh.5.90.Where is Safaricom price currently?
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
youcan'tstopusnow
#9 Posted : Monday, February 07, 2011 5:23:07 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Ericsson, Centum's investment in real estate will pay off handsomely in the future
GOD BLESS YOUR LIFE
Ericsson
#10 Posted : Monday, February 07, 2011 5:32:39 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Returns in real estate will take time to be paid off.
How long has it taken Pan Africa Life Insurance to recoup their investments in Runda ?
The problem in Kenya is the low purchasing power.How many Kenyans can afford houses worth ksh.50 million ?
The houses are not sukuma wiki which you take to the market and in the evening all of them are sold.
It takes time to sell them.
The segment with the highest demand is houses within the range of Ksh. 3 to 5 Million
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
3 Pages123>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.