DtheK wrote:Save for KCB which is trading at below the 60 Bob fair price I don't see much value at current prices.
Counters I was giving a side eye(C&G,Sasini,Total) are all up significantly this month.
Nyinyi mnaonaje?
Where are y'all seeing value preferably for a short term play(within one year), aside from praying for pensioners to prevail over SCBK for a nice entry?
The bank loses loads of cash so that you can get in???
The price drop will not be a discount. It will because of an actual loss of money. 30 Billion! Almost 2 years of net profits! Worse in real sense given that losing such an amount is not only about the money lost but also definitely affects profitability in the short and medium term!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.