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