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NBK announces 1.2 billion shilling loss
timizo
#81 Posted : Tuesday, April 05, 2016 12:04:28 PM
Rank: Member


Joined: 2/3/2015
Posts: 126
Location: Nairobi
VituVingiSana wrote:
Is NBK owned/controlled by GoK?

Enough said.


Yes... Government and NSSF control about 70% of NBK. NSSF is in turn controlled by government specifically the URP side. We know the history of the leader and appetite to public resources.

You would be silly not to have expected a mess at NBK. I guess they may require parastatals and government department to bank there to sustain the bank and keep it going and therefore sustain the eating.
Gatheuzi
#82 Posted : Tuesday, April 05, 2016 7:50:29 PM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
enyands wrote:
sparkly wrote:
kimugaman wrote:
enyands wrote:
Caramba wrote:
Mike Ock wrote:
My question is, why won't Uhuru clamp down on some people, even as sacrificial lambs? Surely, what does he have to lose if he takes Munir to jail? Or those Youth Fund guys who confessed everything live live on camera?



Mtangooooooooja. Kenya is a free for all. Okemo, the fugitive, was rewarded with an appointment the other day.



What was he given by the way



Okemo was appointed to the Kenya Seed Company board of directors.
You tell me who is "condoning" corruption? Isn't he fighting extradition? Wasn't there an announcement that his and Gichuru's assets have been seized and sent to Kenya Government by Prezzo?

Yes, Uhuru doesn't have power to jail the corrupt. But he has the power NOT to appoint them. Of course you can say Okemo is innocent till proven guilty. Then in that case Pattni should be made CS of Finance.

What Chris Okemo appointment says of Jubilee stand on corruption





Sad state of affairs


Kwani hawa wafaransa dishing out money can't do credit check and see how their money will be used .

It was good to learn that the money gotten from Okemo and former kplc boss will be channeled directly to social services . They should cut down the hungry hyenas waiting for the 500m. I feel like vomiting when I see how the wrong people get baptized with positions and yet they are theives.

Who advises UK anyways?

Arap hyena himself.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
maka
#83 Posted : Tuesday, April 05, 2016 8:29:21 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Gatheuzi wrote:
enyands wrote:
sparkly wrote:
kimugaman wrote:
enyands wrote:
Caramba wrote:
Mike Ock wrote:
My question is, why won't Uhuru clamp down on some people, even as sacrificial lambs? Surely, what does he have to lose if he takes Munir to jail? Or those Youth Fund guys who confessed everything live live on camera?



Mtangooooooooja. Kenya is a free for all. Okemo, the fugitive, was rewarded with an appointment the other day.



What was he given by the way



Okemo was appointed to the Kenya Seed Company board of directors.
You tell me who is "condoning" corruption? Isn't he fighting extradition? Wasn't there an announcement that his and Gichuru's assets have been seized and sent to Kenya Government by Prezzo?

Yes, Uhuru doesn't have power to jail the corrupt. But he has the power NOT to appoint them. Of course you can say Okemo is innocent till proven guilty. Then in that case Pattni should be made CS of Finance.

What Chris Okemo appointment says of Jubilee stand on corruption





Sad state of affairs


Kwani hawa wafaransa dishing out money can't do credit check and see how their money will be used .

It was good to learn that the money gotten from Okemo and former kplc boss will be channeled directly to social services . They should cut down the hungry hyenas waiting for the 500m. I feel like vomiting when I see how the wrong people get baptized with positions and yet they are theives.

Who advises UK anyways?

Arap hyena himself.


He he heLaughing out loudly
possunt quia posse videntur
VituVingiSana
#84 Posted : Tuesday, April 05, 2016 8:44:54 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
maka wrote:
Gatheuzi wrote:
enyands wrote:
sparkly wrote:
kimugaman wrote:
enyands wrote:
Caramba wrote:
Mike Ock wrote:
My question is, why won't Uhuru clamp down on some people, even as sacrificial lambs? Surely, what does he have to lose if he takes Munir to jail? Or those Youth Fund guys who confessed everything live live on camera?



Mtangooooooooja. Kenya is a free for all. Okemo, the fugitive, was rewarded with an appointment the other day.



What was he given by the way



Okemo was appointed to the Kenya Seed Company board of directors.
You tell me who is "condoning" corruption? Isn't he fighting extradition? Wasn't there an announcement that his and Gichuru's assets have been seized and sent to Kenya Government by Prezzo?

Yes, Uhuru doesn't have power to jail the corrupt. But he has the power NOT to appoint them. Of course you can say Okemo is innocent till proven guilty. Then in that case Pattni should be made CS of Finance.

What Chris Okemo appointment says of Jubilee stand on corruption





Sad state of affairs


Kwani hawa wafaransa dishing out money can't do credit check and see how their money will be used .

It was good to learn that the money gotten from Okemo and former kplc boss will be channeled directly to social services . They should cut down the hungry hyenas waiting for the 500m. I feel like vomiting when I see how the wrong people get baptized with positions and yet they are theives.

Who advises UK anyways?

Arap hyena himself.


He he heLaughing out loudly

http://www.businessdaily...0/-/105jhms/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
alotoftalk
#85 Posted : Thursday, April 07, 2016 9:04:17 AM
Rank: Member


Joined: 8/27/2015
Posts: 138
Location: Harare
Next up is NBK
Investment philosophy development in progress...
whiteowl
#86 Posted : Thursday, April 07, 2016 10:36:48 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
I thought this would go down before Chase but it seems to have 9 lives.
VituVingiSana
#87 Posted : Thursday, April 07, 2016 11:38:46 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
whiteowl wrote:
I thought this would go down before Chase but it seems to have 9 lives.
Thanks to the grace and pockets of the Kenyan taxpayer.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
iris
#88 Posted : Thursday, April 07, 2016 11:57:21 AM
Rank: Member


Joined: 9/11/2014
Posts: 228
Location: Nairobi
VituVingiSana wrote:
whiteowl wrote:
I thought this would go down before Chase but it seems to have 9 lives.
Thanks to the grace and pockets of the Kenyan taxpayer.


Grace? Shame on you
alutacontinua
#89 Posted : Thursday, April 07, 2016 12:53:08 PM
Rank: Member


Joined: 3/23/2011
Posts: 304
https://twitter.com/Owaa...atus/718012154356609024

Can anyone confirm this? Dip in share price has been massively bought.....
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
joga bonito
#90 Posted : Thursday, April 07, 2016 1:10:44 PM
Rank: New-farer


Joined: 1/12/2016
Posts: 19
NBK has immunity
maka
#91 Posted : Thursday, April 07, 2016 1:23:37 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
alutacontinua wrote:
https://twitter.com/Owaahh/status/718012154356609024

Can anyone confirm this? Dip in share price has been massively bought.....


I would also buy...@9.70 thereabout and sell it at 15 in the future... it has just traded 16900 shares low of 9.60 day high of 10.50....
possunt quia posse videntur
murchr
#92 Posted : Thursday, April 07, 2016 1:28:28 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
alutacontinua wrote:
https://twitter.com/Owaahh/status/718012154356609024

Can anyone confirm this? Dip in share price has been massively bought.....


What is the problem with that? Sellers are willing to sell in that dipped low price and buyers are willing to pick it up. Demand vs supply
"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
.
alutacontinua
#93 Posted : Thursday, April 07, 2016 1:32:29 PM
Rank: Member


Joined: 3/23/2011
Posts: 304
murchr wrote:
alutacontinua wrote:
https://twitter.com/Owaahh/status/718012154356609024

Can anyone confirm this? Dip in share price has been massively bought.....


What is the problem with that? Sellers are willing to sell in that dipped low price and buyers are willing to pick it up. Demand vs supply


Not a problem....looking at it from a VSA point of view (Smart Money Play) wanted to confirm the amount of shares?
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
alutacontinua
#94 Posted : Thursday, April 07, 2016 1:34:13 PM
Rank: Member


Joined: 3/23/2011
Posts: 304
maka wrote:
alutacontinua wrote:
https://twitter.com/Owaahh/status/718012154356609024

Can anyone confirm this? Dip in share price has been massively bought.....


I would also buy...@9.70 thereabout and sell it at 15 in the future... it has just traded 16900 shares low of 9.60 day high of 10.50....


Thanks for the figures @Maka any idea on historical average daily volume?
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
maka
#95 Posted : Thursday, April 07, 2016 1:44:49 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
alutacontinua wrote:
maka wrote:
alutacontinua wrote:
https://twitter.com/Owaahh/status/718012154356609024

Can anyone confirm this? Dip in share price has been massively bought.....


I would also buy...@9.70 thereabout and sell it at 15 in the future... it has just traded 16900 shares low of 9.60 day high of 10.50....


Thanks for the figures @Maka any idea on historical average daily volume?


for how long?
possunt quia posse videntur
alutacontinua
#96 Posted : Thursday, April 07, 2016 2:04:27 PM
Rank: Member


Joined: 3/23/2011
Posts: 304
maka wrote:
alutacontinua wrote:
maka wrote:
alutacontinua wrote:
https://twitter.com/Owaahh/status/718012154356609024

Can anyone confirm this? Dip in share price has been massively bought.....


I would also buy...@9.70 thereabout and sell it at 15 in the future... it has just traded 16900 shares low of 9.60 day high of 10.50....


Thanks for the figures @Maka any idea on historical average daily volume?


for how long?


18 months max
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
Aguytrying
#97 Posted : Thursday, April 07, 2016 5:00:31 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
alutacontinua wrote:
maka wrote:
alutacontinua wrote:
maka wrote:
alutacontinua wrote:
https://twitter.com/Owaahh/status/718012154356609024

Can anyone confirm this? Dip in share price has been massively bought.....


I would also buy...@9.70 thereabout and sell it at 15 in the future... it has just traded 16900 shares low of 9.60 day high of 10.50....


Thanks for the figures @Maka any idea on historical average daily volume?


for how long?


18 months max


Guys salivating over shares of a loss making untrustworthy bank. Smh
The investor's chief problem - and even his worst enemy - is likely to be himself
dunkang
#98 Posted : Thursday, April 07, 2016 5:06:17 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
VituVingiSana wrote:
whiteowl wrote:
I thought this would go down before Chase but it seems to have 9 lives.
Thanks to the grace and pockets of the Kenyan taxpayer.

Laughing out loudly Laughing out loudly Laughing out loudly same here. How NBK survives is a miracle
Receive with simplicity everything that happens to you.” ― Rashi

watesh
#99 Posted : Friday, April 08, 2016 9:01:11 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 977
Location: Kenya
dunkang wrote:
VituVingiSana wrote:
whiteowl wrote:
I thought this would go down before Chase but it seems to have 9 lives.
Thanks to the grace and pockets of the Kenyan taxpayer.

Laughing out loudly Laughing out loudly Laughing out loudly same here. How NBK survives is a miracle

My account there is still alive Laughing out loudly Laughing out loudly Laughing out loudly
Siringi
#100 Posted : Friday, July 15, 2016 2:54:48 PM
Rank: Elder


Joined: 6/8/2013
Posts: 2,517
"πŸ˜–πŸ˜‘KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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