wazua Wed, Apr 1, 2026
Welcome Guest Search | Active Topics | Log In

11 Pages«<23456>»
Banks Wont make you Money in 2011
Options
Previous Topic · Next Topic
the deal
#31 Posted : Wednesday, April 27, 2011 11:18:06 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Well good perfomance by Coop...Forward FY EPS now at 1.88 if they mantain this perfomance that gives a forward FY PE of 9.8 if you buy at 18.5...still i prefer C&G with a trailing PE of 5.
Back to top
  |
guru267
#32 Posted : Wednesday, April 27, 2011 11:29:11 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
Well good perfomance by Coop...Forward FY EPS now at 1.88 if they mantain this perfomance that gives a forward FY PE of 9.8 if you buy at 18.5...still i prefer C&G with a trailing PE of 5.

A forward P/E of 9 doesnt compare to kcb's trailing P/E of 10
Mark 12:29
Deuteronomy 4:16
Back to top
  |
mwanahisa
#33 Posted : Wednesday, April 27, 2011 11:32:02 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
The deal. It was only yesterday that you opined that PE does not cut it any more.

BTW, I have some shares in C & G, but I sold off most of my stake when the price skyrocketed. I can however advise folks to ONLY buy C&G if they are in it for the long term. It is damned illiquid. This is not a share that you can rely on for emergencies.

the deal wrote:
Well good perfomance by Coop...Forward FY EPS now at 1.88 if they mantain this perfomance that gives a forward FY PE of 9.8 if you buy at 18.5...still i prefer C&G with a trailing PE of 5.
Back to top
  |
the deal
#34 Posted : Wednesday, April 27, 2011 11:41:25 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
mwanahisa wrote:
The deal. It was only yesterday that you opined that PE does not cut it any more.

BTW, I have some shares in C & G, but I sold off most of my stake when the price skyrocketed. I can however advise folks to ONLY buy C&G if they are in it for the long term. It is damned illiquid. This is not a share that you can rely on for emergencies.

the deal wrote:
Well good perfomance by Coop...Forward FY EPS now at 1.88 if they mantain this perfomance that gives a forward FY PE of 9.8 if you buy at 18.5...still i prefer C&G with a trailing PE of 5.


Well i'm looking at the low PE...possibility of doubled digit growth...good dividend...past perfomance C&G has continued to grow...regional expansion...i bought this thing last year at 38 sold in Feb at 68...now i'm back again buying at 36...i'm happy to hold for 2 years...i only invest money i can afford to loose...so no ermegencies pap...lol...@guru i have some KCB i bought @ 21.75...i will be adding depending on availability of funds.
Back to top
  |
gathinga
#35 Posted : Wednesday, April 27, 2011 12:07:11 PM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
mkonomtupu wrote:
@deal i wouldn't touch KK and Total the margins in oil sector are just pathetic. MSC I will wait until it's 6.50 speculation can't invest in a company where CEO is thinking of running for governor. C&G, CMC these companies didn't make money with government passats


umd**** point hapo
Back to top
  |
sparkly
#36 Posted : Wednesday, April 27, 2011 12:21:29 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
the deal wrote:
mwanahisa wrote:
The deal. It was only yesterday that you opined that PE does not cut it any more.

BTW, I have some shares in C & G, but I sold off most of my stake when the price skyrocketed. I can however advise folks to ONLY buy C&G if they are in it for the long term. It is damned illiquid. This is not a share that you can rely on for emergencies.

the deal wrote:
Well good perfomance by Coop...Forward FY EPS now at 1.88 if they mantain this perfomance that gives a forward FY PE of 9.8 if you buy at 18.5...still i prefer C&G with a trailing PE of 5.


Well i'm looking at the low PE...possibility of doubled digit growth...good dividend...past perfomance C&G has continued to grow...regional expansion...i bought this thing last year at 38 sold in Feb at 68...now i'm back again buying at 36...i'm happy to hold for 2 years...i only invest money i can afford to loose...so no ermegencies pap...lol...@guru i have some KCB i bought @ 21.75...i will be adding depending on availability of funds.


C&G good company but have a tendency of financing working capital with loans. Thats why i am not comfortable with it. Do they make profits for shareholders or for the banks?
Life is short. Live passionately.
Back to top
  |
VituVingiSana
#37 Posted : Wednesday, April 27, 2011 12:26:20 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
sparkly wrote:
the deal wrote:
mwanahisa wrote:
The deal. It was only yesterday that you opined that PE does not cut it any more.

BTW, I have some shares in C & G, but I sold off most of my stake when the price skyrocketed. I can however advise folks to ONLY buy C&G if they are in it for the long term. It is damned illiquid. This is not a share that you can rely on for emergencies.

the deal wrote:
Well good perfomance by Coop...Forward FY EPS now at 1.88 if they mantain this perfomance that gives a forward FY PE of 9.8 if you buy at 18.5...still i prefer C&G with a trailing PE of 5.


Well i'm looking at the low PE...possibility of doubled digit growth...good dividend...past perfomance C&G has continued to grow...regional expansion...i bought this thing last year at 38 sold in Feb at 68...now i'm back again buying at 36...i'm happy to hold for 2 years...i only invest money i can afford to loose...so no ermegencies pap...lol...@guru i have some KCB i bought @ 21.75...i will be adding depending on availability of funds.

C&G good company but have a tendency of financing working capital with loans. Thats why i am not comfortable with it. Do they make profits for shareholders or for the banks?

Kuweni serious! If you do not have the cash, then you are forced to borrow... It is financial leverage. BTW, the banking business is based on financial leverage. They 'borrow' from depositors & 'lend' to borrowers...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
the deal
#38 Posted : Friday, May 27, 2011 3:55:05 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
NBK...CFC so far belong here...i expect more to join by 1H...
Back to top
  |
youcan'tstopusnow
#39 Posted : Friday, May 27, 2011 6:43:10 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
I think its going to be a tough 2H for ALL banks
GOD BLESS YOUR LIFE
Back to top
WWW
  |
the deal
#40 Posted : Friday, May 27, 2011 7:58:07 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
youcan'tstopusnow wrote:
I think its going to be a tough 2H for ALL banks

I will be happy if Eqty did 40% and mantained it until Year end.
Back to top
  |
11 Pages«<23456>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.