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We Rate NIC Bank Accumulate, Price target Sh52 by April 2012
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selah
#21 Posted : Tuesday, July 19, 2011 12:48:57 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
@deal I dont think this share has ever gone past 50/= how do you see it going past it in a politically charged economy.

I dont want to cast doom on the share, but even if it reports some good results in march the market will be too jittery to respond.

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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VituVingiSana
#22 Posted : Tuesday, July 19, 2011 1:04:08 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Sober wrote:
Cde Monomotapa wrote:
We also rate Kenya Orchards Ltd a buy with a minimum price target of 16.00 by 2012 .
This is a pennystock traders dream .

You are kidding me. Olympia may rise because of speculation and the low number of shares traded but not fundamentals. 16 is a pipe dream.
Seems someone can't read...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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dunkang
#23 Posted : Tuesday, July 19, 2011 1:06:36 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
VituVingiSana wrote:
Sober wrote:
Cde Monomotapa wrote:
We also rate Kenya Orchards Ltd a buy with a minimum price target of 16.00 by 2012 .
This is a pennystock traders dream .

You are kidding me. Olympia may rise because of speculation and the low number of shares traded but not fundamentals. 16 is a pipe dream.
Seems someone can't read...

and is not interested in reading!
Receive with simplicity everything that happens to you.” ― Rashi

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sumuni
#24 Posted : Tuesday, July 19, 2011 1:07:55 PM
Rank: Member

Joined: 6/24/2007
Posts: 111
Location: Afrique
VituVingiSana wrote:
Sober wrote:
Cde Monomotapa wrote:
We also rate Kenya Orchards Ltd a buy with a minimum price target of 16.00 by 2012 .
This is a pennystock traders dream .

You are kidding me. Olympia may rise because of speculation and the low number of shares traded but not fundamentals. 16 is a pipe dream.
Seems someone can't read...

or is not sober, pun intended.
It is a curious fact that of all the illusions that beset mankind, none is quite as curious as that tendency to suppose that we are mentally and morally superior to those who differ from us in opinion.
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youcan'tstopusnow
#25 Posted : Tuesday, July 19, 2011 1:42:31 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
selah, it has gone above 50 before. In fact way above it...
GOD BLESS YOUR LIFE
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the deal
#26 Posted : Tuesday, July 19, 2011 1:57:27 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
selah wrote:
@deal I dont think this share has ever gone past 50/= how do you see it going past it in a politically charged economy.

I dont want to cast doom on the share, but even if it reports some good results in march the market will be too jittery to respond.

U have been in this game too long to ask this kind of questions...when a company does well..the share price will follow
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mkonomtupu
#27 Posted : Tuesday, July 19, 2011 2:09:56 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
i think NIC touched 54 this year after announcement of the full year results
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selah
#28 Posted : Tuesday, July 19, 2011 2:27:36 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
What am saying is if you adjust bonuses and rights this share has never gone beyond 50/= and am not saying those one off incidences where a share just shoots up due to a material announcement if we were to use those metrics then CFCstanbic went up to 600/=

If am quoting a future price I think using a sustainable average price is acceptable not incidental prices.

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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accelriskconsult
#29 Posted : Tuesday, July 19, 2011 2:41:39 PM
Rank: Member

Joined: 4/2/2011
Posts: 629
Location: Nai
selah wrote:
What am saying is if you adjust bonuses and rights this share has never gone beyond 50/= and am not saying those one off incidences where a share just shoots up due to a material announcement if we were to use those metrics then CFCstanbic went up to 600/=

If am quoting a future price I think using a sustainable average price is acceptable not incidental prices.




NIC traded at 67 in either 2007 or 2008 and it wasnt a spurt
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selah
#30 Posted : Tuesday, July 19, 2011 2:58:04 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
accelriskconsult wrote:
selah wrote:
What am saying is if you adjust bonuses and rights this share has never gone beyond 50/= and am not saying those one off incidences where a share just shoots up due to a material announcement if we were to use those metrics then CFCstanbic went up to 600/=

If am quoting a future price I think using a sustainable average price is acceptable not incidental prices.




NIC traded at 67 in either 2007 or 2008 and it wasnt a spurt


Then I think am looking at the wrong charts( am looking at two different charts and its seems the share has never been above 50/=)i.e if you adjust rights and bonus .
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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