wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

22 Pages«<1011121314>»
CFC-Stanbic 2009
sparkly
#111 Posted : Monday, July 12, 2010 8:20:35 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
MaichBlack wrote:
qw25041985 wrote:
At ksh 80.00 the ride on cfc is over.

I don't think so! Closed at 85/= today - 2nd highest gainer! Or the ride is "over" at 85/=? Talk on Friday 16th? I'm seeing the share at 90+ then. think I'm being too ambitious?


This share is going to be a cash-cow. Research has shown that a spin-off outperforms the market in the (2-3 year) period immediately after the spin off.

The spin-off often does better than the parent company, see below:

http://www.investopedia....arents-and-spinoffs.asp

IMO to maximise returns, the options are:

1. Sell the company just before the de-merger then buy into the insurance business after de-merger.

2. Await the de-merger, sell the parent (bank), keep the insurance.

Life is short. Live passionately.
youcan'tstopusnow
#112 Posted : Monday, July 12, 2010 10:48:05 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
So its not only the agriculturals that can give you 100 percent returns in less than 6 months on the NSE.
GOD BLESS YOUR LIFE
sparkly
#113 Posted : Monday, July 12, 2010 11:03:11 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
youcan'tstopusnow wrote:
So its not only the agriculturals that can give you 100 percent returns in less than 6 months on the NSE.

The next money maker in this sector is kcb. Time to buy is now... Wenye masikio wasikie
Life is short. Live passionately.
qw25041985
#114 Posted : Monday, July 12, 2010 11:20:44 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@sparky. U seem to b in tundem with the supremo at www.rich.co.ke. He's also quite bullish on KCB When i see the slightest move heading to 19.00 resistance i'll jump right in. For the ride to 24.00 .
Your future depends on your dreams so go to sleep !
sparkly
#115 Posted : Tuesday, July 13, 2010 12:07:59 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
qw25041985 wrote:
@sparky. U seem to b in tundem with the supremo at www.rich.co.ke. He's also quite bullish on KCB When i see the slightest move heading to 19.00 resistance i'll jump right in. For the ride to 24.00 .
kcb price can double without becoming too expensive. The rights issue has pushed out all the bears. The ride will b swift.
Life is short. Live passionately.
mukiha
#116 Posted : Tuesday, July 13, 2010 10:59:56 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
ProverB wrote:
Teheheehehehhe..
I'm glad i stayed out.

This was on April 12; the price was 43.50; today it is 85.... 95% up
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
mukiha
#117 Posted : Tuesday, July 13, 2010 11:01:16 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Fundaah wrote:
For those who are still in stocks business ...it may be good time to buy this ....This year may be better for CFC stanbic..

@Fundaa; did you execute you recommendation? If yes, you are crying with joy; if no you are just crying!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
mukiha
#118 Posted : Tuesday, July 13, 2010 11:06:20 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
mukiha wrote:
.....how does a PBT of +700m become a PAT of only +35m and eventually a -0.22 eps???

Now I'm dying to see the full results!

The last time this sort of thing happened was in the early 1990s to SCBK: the announced a half-year PBT of 900m and then a fully year PBT of 600m. The CEO was shown the door immediately. Perhaps the same fate should visit CFC's Group CEO. Who is it by the way?

DuToit heads the bank, but is he also the Group CEO?

History repeats... Chairman, CEO and one other director stepped down at the AGM...
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
mukiha
#119 Posted : Tuesday, July 13, 2010 11:07:50 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
the deal wrote:
@ mukiha asante...i'm getting in...i think cfc should ship du toit back to southern africa...i think he will do better there...then hire a competent kenyan c.e.o...

Your prayers were answered... partly, though. he was not shipped to SA.

Did you buy?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
the deal
#120 Posted : Tuesday, July 13, 2010 11:13:59 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
mukiha wrote:
the deal wrote:
@ mukiha asante...i'm getting in...i think cfc should ship du toit back to southern africa...i think he will do better there...then hire a competent kenyan c.e.o...

Your prayers were answered... partly, though. he was not shipped to SA.

Did you buy?

yeaah i went in...i bought 2000 shares at 43 bob...then sold the at 71.50...it gave me over over 60% return....with that i outperformed @stockmaster-our index here at Wazua...LOL...
22 Pages«<1011121314>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.