its this sought of mentality that made people buy KQ at 140,CFC at 140(pre merger),Kenya Re at 18 in 2006..i can go on...once a share busts its 52 week high it becomes speculative like @wathaika said...WHATS DRIVING SCAN @ THE MOMENT=SPECULATION...COOP=SPECULATION...Until we see the 5.2 Bil projected profits...it remains just speculation...

nguru- I wasn't talking about whether a 52-week high is a buying opportunity, I was talking about whether its a bargain. There is clear bluewater between the two...Equity at Ksh14-6 was a bargain, Equity at Ksh24 is a buying opportunity.

A 52 week high is a buying opportunity like it or not. What matters is what kind of a trader you ar. A momentum trader will put more emphasis on the 52 week high than say a value investor. And what's this talk about scan group and bharti. Any information fellow investors.

@qw Coop first quater 2010 PAT shot up by 21% well behind EQTY(Outlier) @ 43%,Nic @ 43%,DTBK @ 29% and Std Chartd @ 39%...

vvs-wachana.

Some of us are either sooooooo slllooooooooow or just like an arguement like those old ladies who aruge with themselves after exhausting all other avenues.

If I made you an offer two months ago of
"I've observed and believe that Equity will be ksh30 in 2011, would you like to buy it now at ksh16.50 or wait for two months and buy it at Ksh24.50?"