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Faulu Kenya: the next big thing
Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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I sense by the year 2015 this DTM will morph into a bank. By then we will have the following as top five banks 1. Equity. 2. Cooperative. 3. CFC Stanbic 4. Stanchart. 5. KCB.. www.nation.co.ke/busines...80/-/ylhabf/-/index.html
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Why are you foreseeing KCB as being no.5? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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murchr wrote:Why are you foreseeing KCB as being no.5? the lacklustre performance of regional subsidiaries vis a vis capex outlay in recent past, plus much greater aggressiveness and strategic leaders in competition..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Old mutual buys big stake here. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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http://www.nation.co.ke/...80/-/ylhabf/-/index.html"Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Interesting this acquisition and that top five lineup 
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Proper link. (nose pinch ) Old Mutual Acquires FauluPesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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Wewe unatumia HTML kali bwana.. Not everyone is digital.. :)
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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mwekez@ji wrote:Interesting this acquisition and that top five lineup Dont be suprised. The lineup has been changin like musical chairs all through the last few years with Stanchart being the most unpredictable.. H1 2013 will form the outline of the eventual picture
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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with 31 branches, Faulu has 400,000 customers while the CDE's lion has less than 2M clients with over 250 branches! Equity and Coop along with Family all have strong retail customer bases. The corporate book of the green lion is being eaten by CBA owned by you know who.. Its only a matter of time..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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It's now official,obiero divorces simba @SufficientlyP
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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Sufficiently Philanga....thropic wrote:It's now official,obiero divorces simba Simba imelala sana, and they don't even know it. Labda waamushwe kwa maji baridi. How can they take over 7wks to approve a personal loan?  Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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jerry wrote:How does FAULU manage to give loans at 1%p.m. interest rate and at the same time give 12%p.a. interest on fixed deposits? Saw this on DN. @jerry, they are making a kill out of the loans Loans are at 12% p.a. flat rate; equivalent to 21.46% reducing balance rate for a 1 year loan Fixed deposits are at 12% per annum simple interest rate Simply, their profit margin out of the loan is 9.46% (21.46-12%)
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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mwekez@ji wrote:jerry wrote:How does FAULU manage to give loans at 1%p.m. interest rate and at the same time give 12%p.a. interest on fixed deposits? Saw this on DN. @jerry, they are making a kill out of the loans Loans are at 12% p.a. flat rate; equivalent to 21.46% reducing balance rate for a 1 year loan Fixed deposits are at 12% per annum simple interest rate Simply, their profit margin out of the loan is 9.46% (21.46-12%) Their advertising and marketing skills are enviable. Very inviting. Sooner or later, all civil servants will be with Faulu Kenya
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Thanks @Mwekez@ji, @Obiero. It's now manifest. The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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jerry wrote:Thanks @Mwekez@ji, @Obiero. It's now manifest. How can I have a pie of FAULU? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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jerry wrote:jerry wrote:Thanks @Mwekez@ji, @Obiero. It's now manifest. How can I have a pie of FAULU? Hi. I doubt whether one can buy in currently on individual basis. From my recollection Food for the Hungry is the second largest owner after Old Mutual with Bill Gates having an interest too through their foundation.
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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Sufficiently Philanga....thropic wrote:It's now official,obiero divorces simba sold the damn thing at KES 40.50 :) now only holding BoK, COOP, and KQ..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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You see, I don't work for Simba I own a part of it and that's a 200% return so far. I'm happy.
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