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Standard Chartered Kenya Cut to ‘Hold’ at African Alliance
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Feb. 16 (Bloomberg) -- Standard Chartered Bank Kenya Ltd. had its stock recommendation cut to “hold” from “buy” at African Alliance Kenya Securities, which cited recent gains in the lender’s share price for the downgrade in an e-mailed note today.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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the deal wrote:Feb. 16 (Bloomberg) -- Standard Chartered Bank Kenya Ltd. had its stock recommendation cut to “hold” from “buy” at African Alliance Kenya Securities, which cited recent gains in the lender’s share price for the downgrade in an e-mailed note today. Now, what does that mean?
BBI will solve it :)
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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it can't go any further given the recent price rise...
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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@the deal... you are a little mistaken because when a stock is downgraded to "hold" it means that its price can rise but its very risky... but when its downgraded to "sell" thats when there is no more room for price rise Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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@the deal... you are a little mistaken because when a stock is downgraded to "hold" it means that its price can rise but its very risky... but when its downgraded to "sell" thats when there is no more room for price rise Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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@the deal... you are a little mistaken because when a stock is downgraded to "hold" it means that its price can rise but its very risky... but when its downgraded to "sell" thats when there is no more room for price rise.. my net is messed up Mark 12:29
Deuteronomy 4:16
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@thedeal. Hahahahaha. U actually knew that Stanchart was a hold so long ago. Coz u are the one who broke this story. And yet u never held the stock. Fastforward a couple of months the stock has returnd 100% . Lol. The free info. We take for granted .... Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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The PER is quite high at this point for StanChart... I want my Rights otherwise I wud sell them off... I have very few SCBK... I wish I had bought more at 220/-... LOLest... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@qw stop laughing at my mistakes we all start somewhere...when i tell u today that i dont believe in broker recommendatin..u see how they screwed me...LOL...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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deal, and these guys are the supposed 'experts' GOD BLESS YOUR LIFE
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Standard Chartered Kenya Cut to ‘Hold’ at African Alliance
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