wazua Thu, Apr 16, 2026
Welcome Guest Search | Active Topics | Log In

53 Pages«<45678>»
CBK MPC Meet!!!
Options
Previous Topic · Next Topic
Impunity
#51 Posted : Friday, December 02, 2011 2:04:16 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
cnn wrote:
Mainat wrote:
GCL, hisah and the deal, congrats. CBK got it totally wrong earlier in the year and hasn't looked back since... All you need to know is banks lend at CBR+8%

This yr's banana republic economics has benefited only certain groups. The cash rich (read politically well connected) and Kenyans in the diaspora who've been able to exchange their $/€/£ held savings for fx rates the only ever dreamed, put the cash in t-bills and can now potentially withdraw the cash out of Kenya for a very handsome risk-free profit. Finally, the one or two savvy investors, who withdrew from the NSE at circa 4200 and have since been eating risk free cash courtesy of GoK.

A fool and his money will always part ways...

@mainat...we were at 4200 around the month of March,what was the return on the 3 month T-bill then?,and what return to date if you had rolled over the proceeds?


Kindu 6.01%.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
GenghisCapitalLtd
#52 Posted : Friday, December 02, 2011 3:09:51 PM

Rank: Bona-fide

Joined: 11/2/2011
Posts: 191
Location: Nairobi
Impunity wrote:
cnn wrote:
Mainat wrote:
GCL, hisah and the deal, congrats. CBK got it totally wrong earlier in the year and hasn't looked back since... All you need to know is banks lend at CBR+8%

This yr's banana republic economics has benefited only certain groups. The cash rich (read politically well connected) and Kenyans in the diaspora who've been able to exchange their $/€/£ held savings for fx rates the only ever dreamed, put the cash in t-bills and can now potentially withdraw the cash out of Kenya for a very handsome risk-free profit. Finally, the one or two savvy investors, who withdrew from the NSE at circa 4200 and have since been eating risk free cash courtesy of GoK.

A fool and his money will always part ways...

@mainat...we were at 4200 around the month of March,what was the return on the 3 month T-bill then?,and what return to date if you had rolled over the proceeds?


Kindu 6.01%.

According to the CBK historical rates the 91 T-bill traded on an average of 2.77% in the month of March 2011.
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
  |
tutebeng
#53 Posted : Friday, December 02, 2011 4:21:28 PM
Rank: Member

Joined: 10/29/2009
Posts: 40
The CBK is simply doing the wrong thing, with this kind of environment unemployment is going to rise further, poverty increase and growth diminished. No chance of Vision 2030 with this kind of stewardship.
Back to top
  |
cnn
#54 Posted : Friday, December 02, 2011 5:16:08 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
[/quote]
According to the CBK historical rates the 91 T-bill traded on an average of 2.77% in the month of March 2011. [/quote]


So 2.77%,10%,14%,16%(approximately)over four quarters to Feb next year ,an average return of 11%.An investor stuck with Kenol @9.60 has had similar return this year already in dividends,one in WTK has had about 6% in dividends and 40% in capital gains.Going forward we will have to wait and see.
@mainat...so being savvy could also be a function of the stock you opted to remain invested in.
Back to top
  | | Edit by user: Friday, December 02, 2011 5:18 PM | Reason: Not specified
smallfama
#55 Posted : Friday, December 02, 2011 6:08:42 PM
Rank: New-farer

Joined: 8/15/2010
Posts: 99
Location: nairobi
we are controlling liquidity driven inflation at the expense of long term solutions. Failing to plan is planning to fail since all our key economic drivers are left to the dogs. We need to enhance agricultural production and value addition, have legislation regulating arable land sub-divisions to non-profitable portions, boosting industrial dvt by lowering the cost of doing business; power et al. We need to have more large scale kenyan farmers and i mean KENYAN not some mzungu selling flowers and horticultural products and then keeping their proceeds abroad after using L Naivasha water. Rains were coming to easy the cost of food but now it is destroying crops and settlements because we cannot tap that water in dams for irrigation when rain goes. We should slap heavy tax on non essential commodities being imported from China. Ati ile mwiko unanunua Nakumatt is also made in China na huko they don't cook ugali nkt. The ministries of Finance and Planning should wake up and give lasting solutions!! I think Kenyans will be sober when voting nxt yr.
Back to top
  |
the deal
#56 Posted : Saturday, December 03, 2011 12:23:37 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Anybody willing to learn and stop listening to panic being spread around read about Measurement of Elasticity or just Elasticity in general.
Back to top
  |
hisah
#57 Posted : Saturday, December 03, 2011 2:43:46 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
the deal wrote:
Anybody willing to learn and stop listening to panic being spread around read about Measurement of Elasticity or just Elasticity in general.


http://economicsconcepts...lasticity_of_demand.htm

http://economicsconcepts...lasticity_of_supply.htm
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Saturday, December 03, 2011 2:50 PM | Reason: Not specified
Scubidu
#58 Posted : Saturday, December 03, 2011 7:00:26 PM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
hisah wrote:
the deal wrote:
Anybody willing to learn and stop listening to panic being spread around read about Measurement of Elasticity or just Elasticity in general.


http://economicsconcepts...lasticity_of_demand.htm

http://economicsconcepts...lasticity_of_supply.htm


Thanks Hisah. @the deal. Would you expound on your statement above please. I'm familiar with the subject matter now.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
Back to top
  |
the deal
#59 Posted : Saturday, December 03, 2011 8:48:50 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
I will let Kenyans comment on Kenyan issues...apart from my investments here which I can pull out anytime...the rest is non of my business...I will keep my comments strictly stocks!
Back to top
  |
Hunderwear
#60 Posted : Sunday, December 04, 2011 9:15:06 AM
Rank: Member

Joined: 4/14/2011
Posts: 639
Scubidu wrote:
hisah wrote:
the deal wrote:
Anybody willing to learn and stop listening to panic being spread around read about Measurement of Elasticity or just Elasticity in general.


http://economicsconcepts...lasticity_of_demand.htm

http://economicsconcepts...lasticity_of_supply.htm


Thanks Hisah. @the deal. Would you expound on your statement above please. I'm familiar with the subject matter now.

I second!
Back to top
  |
53 Pages«<45678>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.