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NBK- a junk stock?
obiero
#41 Posted : Friday, January 19, 2018 10:41:29 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
deadpoet wrote:
what happened to the merger talks with consolidated bank? or KCB's proposed buyout?

merger of state banks still on track

KQ ABP 4.26
Ebenyo
#42 Posted : Friday, January 19, 2018 1:46:22 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
deadpoet wrote:
what happened to the merger talks with consolidated bank? or KCB's proposed buyout?



It has to be factored in the FY 17 results.After results announcement,it will be clear on the way forward.
Towards the goal of financial freedom
Wororo
#43 Posted : Friday, January 19, 2018 5:07:34 PM
Rank: Member

Joined: 1/30/2011
Posts: 207
obiero
#44 Posted : Friday, January 19, 2018 5:41:33 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Wororo wrote:

It has wiped out the little profit left on the table, not to mention consumer confidence

KQ ABP 4.26
Ericsson
#45 Posted : Saturday, January 20, 2018 9:50:26 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
deadpoet wrote:
what happened to the merger talks with consolidated bank? or KCB's proposed buyout?

merger of state banks still on track

Wazi captain
KCB has the necessary cash to acquire the good book of NBK.
If they request a rights issue debe tutajaza
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#46 Posted : Monday, September 03, 2018 6:31:58 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Ericsson wrote:
obiero wrote:
deadpoet wrote:
what happened to the merger talks with consolidated bank? or KCB's proposed buyout?

merger of state banks still on track

Wazi captain
KCB has the necessary cash to acquire the good book of NBK.
If they request a rights issue debe tutajaza

Junk kabisa.. Hope @maka has 100% provisions such as @vvs

KQ ABP 4.26
obiero
#47 Posted : Monday, September 03, 2018 6:34:24 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
People... NBK is doing OK... the question is NOT whether NBK is a junk stock (IMHO, it is not)... the question is of PRICE...

Is NBK worth the 48/-??? Or more? Or less?

Paka (as I argued in another forum is not worthless... just not worth 4/-)...

Sidestepping wazua folks since 2010.. Wewe mzee nakucheki

KQ ABP 4.26
VituVingiSana
#48 Posted : Monday, September 03, 2018 9:50:21 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
People... NBK is doing OK... the question is NOT whether NBK is a junk stock (IMHO, it is not)... the question is of PRICE...

Is NBK worth the 48/-??? Or more? Or less?

Paka (as I argued in another forum is not worthless... just not worth 4/-)...

Sidestepping wazua folks since 2010.. Wewe mzee nakucheki

Times change. Use context.

IBM was the powerhouse once. It isn't today.
Microsoft was king once. It isn't today.
BBK was by far the largest (most profitable) bank once. No more.
Heck, KQ was a prince once. Flying high. It's broke today. Bankrupt. Again.

NBK was worth something back then. It was a question of price/value.
Same with Paka, just not worth 4/- then or now.

Safaricom was a laggard one day. It's the king today.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
whiteowl
#49 Posted : Monday, September 03, 2018 10:04:32 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
People... NBK is doing OK... the question is NOT whether NBK is a junk stock (IMHO, it is not)... the question is of PRICE...

Is NBK worth the 48/-??? Or more? Or less?

Paka (as I argued in another forum is not worthless... just not worth 4/-)...

Sidestepping wazua folks since 2010.. Wewe mzee nakucheki

Times change. Use context.

IBM was the powerhouse once. It isn't today.
Microsoft was king once. It isn't today.
BBK was by far the largest (most profitable) bank once. No more.
Heck, KQ was a prince once. Flying high. It's broke today. Bankrupt. Again.

NBK was worth something back then. It was a question of price/value.
Same with Paka, just not worth 4/- then or now.

Safaricom was a laggard one day. It's the king today.


I remember making over 50% gains on this monkey in a span of a few months back in 2013.Munir was blowing lots of hot air and winning awards for transforming the bank via rebranding and cooking books.Times do change.
maka
#50 Posted : Monday, September 03, 2018 11:37:04 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
whiteowl wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
People... NBK is doing OK... the question is NOT whether NBK is a junk stock (IMHO, it is not)... the question is of PRICE...

Is NBK worth the 48/-??? Or more? Or less?

Paka (as I argued in another forum is not worthless... just not worth 4/-)...

Sidestepping wazua folks since 2010.. Wewe mzee nakucheki

Times change. Use context.

IBM was the powerhouse once. It isn't today.
Microsoft was king once. It isn't today.
BBK was by far the largest (most profitable) bank once. No more.
Heck, KQ was a prince once. Flying high. It's broke today. Bankrupt. Again.

NBK was worth something back then. It was a question of price/value.
Same with Paka, just not worth 4/- then or now.

Safaricom was a laggard one day. It's the king today.


I remember making over 50% gains on this monkey in a span of a few months back in 2013.Munir was blowing lots of hot air and winning awards for transforming the bank via rebranding and cooking books.Times do change.


Ukora tu... They kulad the bank proper...
possunt quia posse videntur
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