Wazua
»
Investor
»
Stocks
»
Faulu Kenya: the next big thing
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
Cde Monomotapa wrote: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. Congrats Chief. How long have you held this counter?
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Cde Monomotapa wrote: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. Na bado, got some new worx in the kitchen (thanks to KCB).
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
Cde Monomotapa wrote:Cde Monomotapa wrote: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. Na bado, got some new worx in the kitchen (thanks to KCB).  Buying some more at current level¿
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,244 Location: nairobi
|
obiero wrote: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 I still love Faulu and wish I could buy into it
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,244 Location: nairobi
|
|
|
|
Wazua
»
Investor
»
Stocks
»
Faulu Kenya: the next big thing
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.