Wazua
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KCB Rights
Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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Guys ...what fundamentals have changed in KCB as a business that warrant such reduced speculated price...another person say that it will sell for 12 bob...!!!others 10 bob... The highest price we should pay for KCB is 27 bob according to Benjamin Grahams formulae ie take the average of EPS for 7 years and multiply by 25.. The share is very close to is book value and thus it's a good company at a fair price!!!
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@The Deal,
I am looking at KCB beyond 23rd July ..from August
I am still convinced fundamentals in KCB have not changed significantly to warrant such a drop in price
@Astute
That is key to investing
I keep my word, KCB is a buy at current prices.. rights and market price
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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I'm watching this one like an Eagle...best bid on the normal board is 18 bob....@Pkoli hope u didnt risk all your money on this one..
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Who wants to bet against me that before the end of the year and trading post rights KCB price will go below 17? Remember NIC rights @70?
BBI will solve it :)
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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2012 wrote:Who wants to bet against me that before the end of the year and trading post rights KCB price will go below 17?
Remember NIC rights @70? Even the well informed bankelele is selling his rights...hehehe this guys are going to spend more on adverts than their going to raise from this rights issue...
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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The Deal,
By end of the year KCB will be over 20 bob, forget about the 17 bob you would like to bet. I am just liking the bashing the security is receiving. Unfortunately foreign investors will continue to get the bargain. Please read the Zurich Axioms. I will pick anything I get below 18.If it drops to 10 as people are predicting, I will offload all other shares and buy KCB. Tukutane next year.
Happy bargain hunters
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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hehehe dont worry about my pessimitic brains...atleast i can see something which is worth talking about...yeaaah i'm a fan of KCB too i just believe i will get a discount on my purchase price if i wait...
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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Too bad we cant sell short... I would sell at 18.65... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 8/14/2009 Posts: 244
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stock.enigma wrote:I have just received the info memo. It concludes:'so we are running a very vibrant business that can only grow further if it has adequate capital and the operating environment remains favorable'.
The stats over the last five years, that is btw 2005 and 2009 are as follows: PBT up 323% from 1.95b to 6.5b. Net loans and advances was up 333% from 36b to 120b. Deposits were up 253% from 64b to 162b.
The additional funds are to support the bank's growth plans over the coming years and strngthen the capital base. The increased capital will enable the bank to book long term assets, such as loans for housing, and property development.
Watu wajisomee na wajichagulie
I wasn't a fun of the counter until i went to rwanda, in the western part bordering DRC, a village called Kisenyi. There, the lion is roaring.
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Rank: Member Joined: 8/14/2009 Posts: 244
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wazua
Can you pls integrate the two KCB Rights treads?
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