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MaichBlack		#81 Posted : Tuesday, July 06, 2010 12:58:27 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,869		@pkoli - Most Wazuarians don't doubt the future of KCB. Actually most of them, me included are planning to get a stake. But as @the deal correctly states, most of us, and with good reasons, expect the price to go lower before it appreciates. The question is "what is the right time to get in?". Even if you are a long term investor, why would you want to get in at 18 - 19/= when you can get in at 15 - 16/=? I am with @the deal on this. This share will surely trade below 17/= in the next couple of months. I could be wrong, and if I am I will honourably accept. Next year, we will be in this bus together - but one of us will have paid more fare for the same journey! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack		#82 Posted : Tuesday, July 06, 2010 1:04:26 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,869		@All - Doesn't the 10% rule apply to rights? The KCB-R was at one point trading at -20% yesterday. As I write this, it is currently trading at -42%! What happens when the price of the rights gets to 0/=? Will we say the price is now "in a stable condition"? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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stocksmaster		#83 Posted : Tuesday, July 06, 2010 1:27:46 PM
Rank: Member Joined: 9/26/2006 Posts: 463 Location: CENTRAL PROVINCE		The true test for the KCB Share will come as early as tomorrow when the share starts to trade below Ksh 18. With the rights option already edging towards the Ksh 0.50 range, the market is already valuing the share at the Ksh 17.50 levels (Ksh 17 + Ksh 0.50). Happy hunting. x handle: @stocksmaster79
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the deal		#84 Posted : Tuesday, July 06, 2010 1:56:38 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		MaichBlack wrote: @All - Doesn't the 10% rule apply to rights? The KCB-R was at one point trading at -20% yesterday. As I write this, it is currently trading at -42%! What happens when the price of the rights gets to 0/=? Will we say the price is now "in a stable condition"? hehehe theres someone with a 1.5 mil buy order at 18.20 on the normal board...
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VituVingiSana		#85 Posted : Wednesday, July 07, 2010 9:31:33 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi		We shud go back to KCB... unless KCB is financing KQ's planes... BTW, why is it that none of the local banks finance KQ's planes? Or at least sydicate a loan coz each plane (777) is $120mn Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Gordon Gekko		#86 Posted : Wednesday, July 07, 2010 9:39:32 AM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		@vvs, Exim Bank offers very competitive (subsidized by the US Govt?) interest rates to promote American business. Local banks can't compete.
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VituVingiSana		#87 Posted : Wednesday, July 07, 2010 10:37:24 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi		Gordon Gekko wrote: @vvs, Exim Bank offers very competitive (subsidized by the US Govt?) interest rates to promote American business. Local banks can't compete. Though some of the loans shown on KQ's balance sheet are from Barclays... Local banks need to start large scale syndication loans... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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PKoli		#88 Posted : Wednesday, July 07, 2010 11:33:44 AM
Rank: Elder Joined: 2/10/2007 Posts: 1,587		@MaichBlack, I still stand by my word, KCB will not go below 17. The moment the shares starting trading at 17, the fund managers will make such huge orders that you will daily volumes of 100m! You will not compete with them. I will not worry so much about a bob or 50 cents. I have convinved myself KCB is cheap at any price below 19, so I buy. Two months ago, I told people about CFC. I bought at any price below 50 bob and I will soon offload half my holdings after making a cool 90% return in just two months!
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the deal		#89 Posted : Wednesday, July 07, 2010 1:31:45 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		PKoli wrote: @MaichBlack, I still stand by my word, KCB will not go below 17. The moment the shares starting trading at 17, the fund managers will make such huge orders that you will daily volumes of 100m! You will not compete with them. I will not worry so much about a bob or 50 cents. I have convinved myself KCB is cheap at any price below 19, so I buy. Two months ago, I told people about CFC. I bought at any price below 50 bob and I will soon offload half my holdings after making a cool 90% return in just two months! yeaah @Pkoli i liked your posts on CFC...u are one of the people who convinced me to board that bus...but on KCB you are wrong man...
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Kausha		#90 Posted : Wednesday, July 07, 2010 2:33:07 PM
Rank: Member Joined: 2/8/2007 Posts: 808		What am I missing- Rights @0.70 and the share trading at 18.25 + comishon. Surely doesn't it make sense to buy rights. I am very curious to see how this price will go after rights. The bank better have magnificent results for the first half else there was will be a fracas on the selling side.
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