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Briatm, Britam, Britam sounds like sweet candy!
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Realtreaty wrote:Yes we all expect the cash cows to perform better than they could at their best with rough economic times hitting the oil industry which ofcourse determines production. The assumption that Kenya orchards moved from 3.0 Kes to 125 Kes tells Wanjiku like me that Uchumi or Brclays can do much better and infact tend to hold even at peak. The son of Man will come as a Thief, No one knows when, even Angles have not been Told!!!!!!! Of all the stocks you pick KORCH as an illustration  This stock was the prime flag that the market was about to reverse and hit the decks. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:hisah wrote:Anyone who got in at the beginning of 2014 and is still invested has seen a round trip!  Currently testing the year lows. Scope still remains to test the 10 handle. A breath taking slide, could you pull one up for ARM, I tell your there are investors who have been taken to cleaners from 5400 to 3800. Esp in these stocks. Britam, arm, KQ, Mumias, ADSS, HAFR, tranny, centum. Carbacid, nmg, etc ARM 5yr chart. Back to 2011 - 2012 level.
Images courtesy of Ft.com
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: New-farer Joined: 11/3/2015 Posts: 45 Location: Mombatha
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hisah wrote:Realtreaty wrote:Yes we all expect the cash cows to perform better than they could at their best with rough economic times hitting the oil industry which ofcourse determines production. The assumption that Kenya orchards moved from 3.0 Kes to 125 Kes tells Wanjiku like me that Uchumi or Brclays can do much better and infact tend to hold even at peak. The son of Man will come as a Thief, No one knows when, even Angles have not been Told!!!!!!! Of all the stocks you pick KORCH as an illustration This stock was the prime flag that the market was about to reverse and hit the decks. If investing was easy everybody would do it
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Its November and Mauritian Govt have not talked. They are screwed down and have no words only Nimesurrender!!!!!. Direction of this stock will depend on the next move.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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hisah wrote:Aguytrying wrote:hisah wrote:Anyone who got in at the beginning of 2014 and is still invested has seen a round trip! Currently testing the year lows. Scope still remains to test the 10 handle. A breath taking slide, could you pull one up for ARM, I tell your there are investors who have been taken to cleaners from 5400 to 3800. Esp in these stocks. Britam, arm, KQ, Mumias, ADSS, HAFR, tranny, centum. Carbacid, nmg, etc ARM 5yr chart. Back to 2011 - 2012 level.
Images courtesy of Ft.com
>50% of wealth wiped out, just like that! Life is short. Live passionately.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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sparkly wrote:hisah wrote:Aguytrying wrote:hisah wrote:Anyone who got in at the beginning of 2014 and is still invested has seen a round trip! Currently testing the year lows. Scope still remains to test the 10 handle. A breath taking slide, could you pull one up for ARM, I tell your there are investors who have been taken to cleaners from 5400 to 3800. Esp in these stocks. Britam, arm, KQ, Mumias, ADSS, HAFR, tranny, centum. Carbacid, nmg, etc ARM 5yr chart. Back to 2011 - 2012 level.
Images courtesy of Ft.com
>50% of wealth wiped out, just like that! sometimes long-term investing can be fatal "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Still a shy retreat as investors press a sell button due to Mauritian inaction. No one knows the direction now. Could Bramer have cited a case for its govt?
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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  The Mauritian Govt lie is feeding on them. The R/Dawats must have got hold of their govt necks in the international courts. The Media hasn't got us any more info. Maybe I will get more info before them. Today is Dec 1, 2015 past the month of promise Nov. The war may tank it to 12 before it moves back to 16, 18, 20. In the times of war, press a sale button so that I buy more!!!!
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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You seem more stressed out about Britam than the Mauritians yet they were the folks conned by Rawat. Why are you so worried about the Mauritians' shares in Britam? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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hisah wrote:Anyone who got in at the beginning of 2014 and is still invested has seen a round trip! Currently testing the year lows. Scope still remains to test the 10 handle. low of 12.80..10 will definately be tested
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Metasploit wrote:hisah wrote:Anyone who got in at the beginning of 2014 and is still invested has seen a round trip! Currently testing the year lows. Scope still remains to test the 10 handle. low of 12.80..10 will definately be tested This is what happens when one gets trapped with a golden handcuff. While one is fascinated by the glittering gold, the cuffs do their job. When you finally realize what's happening, you're already in jail without trial!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:Metasploit wrote:hisah wrote:Anyone who got in at the beginning of 2014 and is still invested has seen a round trip! Currently testing the year lows. Scope still remains to test the 10 handle. low of 12.80..10 will definately be tested This is what happens when one gets trapped with a golden handcuff. While one is fascinated by the glittering gold, the cuffs do their job. When you finally realize what's happening, you're already in jail without trial! That is one harsh reversal, @realtreaty doesn't sound so optimistic anymore. I beacem suspicious of this company and in extension HFCK (though i really like HFCK) The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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I will jump in@10 coz already am badly bruised after buying @17.25 and exiting @16.85 . Since then the price has been on the downward trend. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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The James Mwangi - Peter Munga group is going to have a rough time in 2016. Britam - Issues abound. Biashara is tough and in a tough economy fraud rises while insurance uptake drops. HFCK - Higher interest rates will hurt. Equity - Margin compression, higher interest rates, etc. Equitel is building up momentum but it faces hurdles too. All that said... there are opportunities at the right price. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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 I expect a high toned report from Britam, R/Dawat family early January denouncing interference by Mauritian govt.
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Rank: New-farer Joined: 7/1/2015 Posts: 67
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Profit warning issued- Standard pg 16 Sweetener it is. “It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Sam_Kibs wrote:Profit warning issued- Standard pg 16 Sweetener it is.  To Each His Own
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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@VituVingiSana And having issued a profit warning for FY2015 results things are tough for the company; --The Dande group moved with ksh.2bn worth of business for the asset management when they formed Cytonn Investments which is doing quite well. --Interest payments on the ksh.6bn corporate bond they issued last year. --They now have two complete buildings in Upper hill with occupancy very low i.e Former Real insurance two buildings.When Real merged with Britam the operations were combined at Britam towers. --BAAM has hired Kenneth kaniu to be the MD;he was formerly at STANLIB and very little is known about him in terms of track record.How he performs at BAAM is unknown. --The old club/axis of Benson Wairegi,Jimnah Mbaru,Peter Munga and James Mwangi haven't groomed any successor to take over once Wairegi retires.Wairegi is currently 68 years.The old club have maintained a tight grip and little is known about potential successor because of underhand dealings on-going which they don't want to expose. --The exposure to Equity for Britam is too heavy currently at 20% of total assets;Equity Bank is currently facing heavy scrutiny from CBK same as HFCK. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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@Erricson quote your source of allegations. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Briatm, Britam, Britam sounds like sweet candy!
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