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City Trust recovers from pev and world depression
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Sure
#1 Posted : Monday, November 01, 2010 2:03:59 PM
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Joined: 9/9/2010
Posts: 546
Location: Garissa
City Trust Ltd net income has hit Ksh 33.7 million from 29.4 million in the previous yr.

But the idiots at NSE have not posted the results at their official website as if it was for kupanua tu. ABK.
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.
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Elephant Man
#2 Posted : Tuesday, November 02, 2010 10:12:31 AM
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Joined: 12/24/2008
Posts: 112
City Trust had the foresight to invest a substantial portion of their cash into I&M bank a few years ago. It's starting to pay off. City Trust also doesn't have a payroll to worry about! It's a pure investment company, investment decisions made by the directors. They hold a few Kengen shares, I hope they had the presence of mind to invest in the Kengen bond.
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Paul Kukubo
#3 Posted : Tuesday, November 02, 2010 10:19:47 AM
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Joined: 11/19/2009
Posts: 3,142
Elephant Man wrote:
City Trust had the foresight to invest a substantial portion of their cash into I&M bank a few years ago. It's starting to pay off. City Trust also doesn't have a payroll to worry about! It's a pure investment company, investment decisions made by the directors. They hold a few Kengen shares, I hope they had the presence of mind to invest in the Kengen bond.


Why invest in Kengen alone at the stock market? what otehr areas are they in outside the stockmarket?
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Elephant Man
#4 Posted : Tuesday, November 02, 2010 10:34:29 AM
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Joined: 12/24/2008
Posts: 112
I&M Bank not listed on the stockmarket....
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