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Elliott Wave Analysis Of The NSE 20
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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lochaz-index wrote:Sufficiently Philanga....thropic wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Mpigs just looking to fatten their wallets in the guise of helping wanjiku. This one, like the thousands before, will definately not see the light of day! I wouldn't underestimate the politicos resolve to see this bill through in light of their performance over the last three years. Cheap populist policy to score easy points in an election. Banks as per usual will 'lobby' hard against it but the deck might be stacked against them this time round. As if the macro factors were not bad enough this pops up. Grim horizon. This bill has turned into a cash cow.I know they've already eaten their serving this year and they'll reintroduce it when they get hungry probably next year.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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whiteowl wrote:lochaz-index wrote:Sufficiently Philanga....thropic wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Mpigs just looking to fatten their wallets in the guise of helping wanjiku. This one, like the thousands before, will definately not see the light of day! I wouldn't underestimate the politicos resolve to see this bill through in light of their performance over the last three years. Cheap populist policy to score easy points in an election. Banks as per usual will 'lobby' hard against it but the deck might be stacked against them this time round. As if the macro factors were not bad enough this pops up. Grim horizon. This bill has turned into a cash cow.I know they've already eaten their serving this year and they'll reintroduce it when they get hungry probably next year. These Mpigs have outlasted their usefulness. They want to finish banking sector in the name of helping Wanjiko instead of fight corruption pandemic amongst themselves. I am sure this is the easiest way of making an avenue for kickbacks to flop the bill. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Spikes wrote:whiteowl wrote:lochaz-index wrote:Sufficiently Philanga....thropic wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Mpigs just looking to fatten their wallets in the guise of helping wanjiku. This one, like the thousands before, will definately not see the light of day! I wouldn't underestimate the politicos resolve to see this bill through in light of their performance over the last three years. Cheap populist policy to score easy points in an election. Banks as per usual will 'lobby' hard against it but the deck might be stacked against them this time round. As if the macro factors were not bad enough this pops up. Grim horizon. This bill has turned into a cash cow.I know they've already eaten their serving this year and they'll reintroduce it when they get hungry probably next year. These Mpigs have outlasted their usefulness. They want to finish banking sector in the name of helping Wanjiko instead of fight corruption pandemic amongst themselves. I am sure this is the easiest way of making an avenue for kickbacks to flop the bill. As you can see these Mpigs have created artificial bear in banking stocks stagnating them by keeping foreigner investors in town off! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 8/10/2014 Posts: 977 Location: Kenya
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VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Small banks without cheap deposits will start to disappear or work with a 2% interest margin. They wont survive unless they are able to attract many customers or capitalize the banks massively
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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watesh wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Small banks without cheap deposits will start to disappear or work with a 2% interest margin. They wont survive unless they are able to attract many customers or capitalize the banks massively With just a 2% margin in Kenya's tough economic environment & high default rates even the big banks will find it hard lending money at a profit. They will stick to well-heeled corporates and Treasuries. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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VituVingiSana wrote:watesh wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Small banks without cheap deposits will start to disappear or work with a 2% interest margin. They wont survive unless they are able to attract many customers or capitalize the banks massively With just a 2% margin in Kenya's tough economic environment & high default rates even the big banks will find it hard lending money at a profit. They will stick to well-heeled corporates and Treasuries. The real bear has begun now. It is time to pull up the socks and tighten seatbelts for take off. The ride gonna be nasty and rough.... John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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Spikes wrote:VituVingiSana wrote:watesh wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Small banks without cheap deposits will start to disappear or work with a 2% interest margin. They wont survive unless they are able to attract many customers or capitalize the banks massively With just a 2% margin in Kenya's tough economic environment & high default rates even the big banks will find it hard lending money at a profit. They will stick to well-heeled corporates and Treasuries. The real bear has begun now. It is time to pull up the socks and tighten seatbelts for take off. The ride gonna be nasty and rough.... The bear doesn't worry me what worries me most is the deepening enemity between jubilee and cord towards 2017,it can easily crush, the volumes trading are still health and don't suggest a real bear "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Spikes wrote:VituVingiSana wrote:watesh wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Small banks without cheap deposits will start to disappear or work with a 2% interest margin. They wont survive unless they are able to attract many customers or capitalize the banks massively With just a 2% margin in Kenya's tough economic environment & high default rates even the big banks will find it hard lending money at a profit. They will stick to well-heeled corporates and Treasuries. The real bear has begun now. It is time to pull up the socks and tighten seatbelts for take off. The ride gonna be nasty and rough.... This bear is ravaneous and have just eaten the desert. The full coarse will be funfaire to watch. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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muandiwambeu wrote:Spikes wrote:VituVingiSana wrote:watesh wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Small banks without cheap deposits will start to disappear or work with a 2% interest margin. They wont survive unless they are able to attract many customers or capitalize the banks massively With just a 2% margin in Kenya's tough economic environment & high default rates even the big banks will find it hard lending money at a profit. They will stick to well-heeled corporates and Treasuries. The real bear has begun now. It is time to pull up the socks and tighten seatbelts for take off. The ride gonna be nasty and rough.... This bear is ravaneous and have just eaten the desert. The full coarse will be funfaire to watch. From dessert to main course? These bears!  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Pesa Nane wrote:muandiwambeu wrote:Spikes wrote:VituVingiSana wrote:watesh wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Small banks without cheap deposits will start to disappear or work with a 2% interest margin. They wont survive unless they are able to attract many customers or capitalize the banks massively With just a 2% margin in Kenya's tough economic environment & high default rates even the big banks will find it hard lending money at a profit. They will stick to well-heeled corporates and Treasuries. The real bear has begun now. It is time to pull up the socks and tighten seatbelts for take off. The ride gonna be nasty and rough.... This bear is ravaneous and have just eaten the desert. The full coarse will be funfaire to watch. From dessert to main course? These bears! The bear is potentially roaring looking everywhere for a prey to devour. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Global stocks are sitting on a knife edge! The next move in Q2 will determine the way the year will finish. From my analysis the bears are about to suddenly pounce. Caution! $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:Global stocks are sitting on a knife edge! The next move in Q2 will determine the way the year will finish. From my analysis the bears are about to suddenly pounce. Caution! I agree with you. Today I've seen the strength of the bear. Kcb no rally, equity the same. Coop sold after results. DTB looking down despite a 1:10 dividend! Bamburi results sold. Even kk stellar results are looking like they will be sold. After this Q1 excitement dies down, I see a major downward move. So this may have been a correction from 3700 levels 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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Aguytrying wrote:hisah wrote:Global stocks are sitting on a knife edge! The next move in Q2 will determine the way the year will finish. From my analysis the bears are about to suddenly pounce. Caution! I agree with you. Today I've seen the strength of the bear. Kcb no rally, equity the same. Coop sold after results. DTB looking down despite a 1:10 dividend! Bamburi results sold. Even kk stellar results are looking like they will be sold. After this Q1 excitement dies down, I see a major downward move. So this may have been a correction from 3700 levels I am the most optimistic but the bear is warming up. The swift downward move @hisah has been telling us is on the way!!! You have not yet seen madness selloff! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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hisah wrote:Global stocks are sitting on a knife edge! The next move in Q2 will determine the way the year will finish. From my analysis the bears are about to suddenly pounce. Caution! I'm waiting to see how the Dow will close the week. I see a 300 point shave tomorrow or early next week. 17,500, line in the sand! @SufficientlyP
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Most of the times, waiting for the big bad grizzly is akin to watching grass grow/paint dry but it is always worth the while when it finally shows up. You would be forgiven for thinking someone is actually manipulating all these events in order to profit thereafter. Cbk governor is already armed with a precautionary 153b from IMF to fight the imminent global headwinds. KES will need a lot of prayers to hold steady. Discount period is way overdue. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Member Joined: 7/3/2014 Posts: 245
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India's banks in trouble as liquor baron flies out with Sh100bn http://www.nation.co.ke/.../-/10v4d8kz/-/index.htmlIn the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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[quote=TheGeek]India's banks in trouble as liquor baron flies out with Sh100bn http://www.nation.co.ke/...-/10v4d8kz/-/index.html[/quote] Government businesses [in this case the banks] are the same almost the world over. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Why cost of loans won't go downUnintended consequences. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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The nse today was mad with huge volumes with the top 5 movers doing over 5m shares,this isn't a bear sign "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Where is mnadii? It's been awhile we have heard from him
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Elliott Wave Analysis Of The NSE 20
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