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Stanchart H1
Gordon Gekko
#11 Posted : Friday, August 13, 2010 11:13:47 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
I hold SCB because it is a dividend stock. A change in dividend policy will certainly affect my decision making, funds raising not withstanding. After all they had intimated that the funds from the rights issue would be enough to buy the BBK thingie.
PKoli
#12 Posted : Friday, August 13, 2010 11:25:52 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
@GG

May be you should have more of BAT and Kenya Re. or my famous BOC
VituVingiSana
#13 Posted : Friday, August 13, 2010 11:45:39 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Horton wrote:
My 2 cents wrote:
VituVingiSana wrote:
Why pay a dividend when you are going to shareholders to raise cash? It's better/cheaper to NOT pay a dividend than raise cash thru a Rights Issue...

Rights Issue includes additional costs for lawyers, brokers, CMA, NSE, etc...

Yet the rights issue is on, so why not just pay the dividends?

additional capital requirements!
Peni mbili... Was I not clear?

Paying a dividend when you are RAISING cash... means you need to raise ADDITIONAL cash to cover the dividend... Silly when you pay a cost 3%+ to raise money!!!

StanChart are not idiots but look at their counterpart KCB for lessons on how NOT to run a bank...

Another scam artist is Stanbic... who screw their minority shareholders over & over...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
cnn
#14 Posted : Friday, August 13, 2010 11:52:39 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
And the market is reading the riot act.@stocksmaster will be hit hard in the short term.It is good he had a six month outlook.
2012
#15 Posted : Friday, August 13, 2010 11:57:32 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Down from 320/- to 260/- in a week. Now that's not good.

BBI will solve it
:)
the deal
#16 Posted : Friday, August 13, 2010 11:57:33 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
will this prove to be money pit for Stockmaster....time will tell...320 bob will be hard to come by...with their declining growth...
sheep
#17 Posted : Friday, August 13, 2010 11:59:01 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
Stanchart is a slow grower...the short bursts of profitability shouldnt trick guys to believe its a fast grower and pay prince like prices for toad like co.s
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
VituVingiSana
#18 Posted : Friday, August 13, 2010 12:10:52 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Jameni - @StocksMaster SOLD at 300/- then bought again at 270 or so... and I will not bet against him!!!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#19 Posted : Friday, August 13, 2010 12:11:52 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Best bid 242...it just hit a low of 252...
cnn
#20 Posted : Friday, August 13, 2010 12:31:41 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
@vvs,extrapolating first quarter into half year formed part basis of his play.Remember first quarter was 40% YoY.If the rest of his expectations come true the price then may recover.In the short term i see it headed for 240.
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