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NBK- a junk stock?
Jaguar
#31 Posted : Monday, April 26, 2010 3:54:32 PM
Rank: Member

Joined: 6/7/2007
Posts: 263
Location: humu humu
@bgl, contrarian investors like me are buying this 'AK junk'pole pole on its southward movement
2012
#32 Posted : Monday, April 26, 2010 4:07:01 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Jaguar wrote:
@bgl, contrarian investors like me are buying this 'AK junk'pole pole on its southward movement


@ Jaguar, all the best. I hope AK has a good strategy going forward not to disappoint investors like yourself. But to be honest I think AK needs some deep pockets from somewhere or a miracle from somewhere.

BBI will solve it
:)
youcan'tstopusnow
#33 Posted : Monday, April 26, 2010 5:23:09 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Jaguar, kumbe siko peke yangu.
I think AK is a solid company. Its downward spiralling in its price should be a good opportinity to buy into it. Its not as if the company is going bankrupt.
There is nothing better than buying battered stock of good companies e.g SAFCOM at 2.90/= I hope it goes to 15 bob so I can increase.
GOD BLESS YOUR LIFE
Jaguar
#34 Posted : Monday, April 26, 2010 5:51:21 PM
Rank: Member

Joined: 6/7/2007
Posts: 263
Location: humu humu
@youcan'tstopusnow, all internet service providers are facing competition from their rivals, even safcom is feeling the heat from yu, + airtel coming soon. Does that make safcom a junk? Anyway, i just hope this negative talk about AK continues so that i get more at ridiculously low prices
sparkly
#35 Posted : Monday, April 26, 2010 9:07:15 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@ jaguar and @longname, for once i agree with you both. Access with more customers, more assets, higher turnover and a growing economy is certainly a safer buy at 19/- than than it was when it sold at 35/- two years ago. Surprising there were more investors on SK shouting 'buy' than 'sell' at that time. Am watching closely...
Life is short. Live passionately.
VituVingiSana
#36 Posted : Monday, April 26, 2010 10:00:06 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
No junk stocks... only junk firms... LOL...

Ultimately, if you pay too much then you feel screwed hence the tag 'junk'
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#37 Posted : Wednesday, December 25, 2013 9:13:06 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
And now.. The MD is about to be imprisoned www.standardmedia.co.ke/...ational-bank-of-kenya-md

KQ ABP 4.26
obiero
#38 Posted : Friday, January 19, 2018 10:25:07 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi

KQ ABP 4.26
Ericsson
#39 Posted : Friday, January 19, 2018 10:30:35 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
The bank should just be folded or it's good assets stripped off and taken over by another bank.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
deadpoet
#40 Posted : Friday, January 19, 2018 10:34:40 AM
Rank: Member

Joined: 9/27/2006
Posts: 505
what happened to the merger talks with consolidated bank? or KCB's proposed buyout?
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