@Obiero u never left during the short spike in KQ? Insider tip? Do Share

Rhetorical question right there.. Of course I made it out with a shave of KES 250,000 to the negative. I have however averaged the loss down to a positive

Diluted my average buying price by mass purchase at lower price than initial sale figure

Had not read the post but all in all Kenyan banks scr**w people big time. Apart from charges while accessing your monies , the intrest rates are so high.I will not even complain coz if i were to go to a bank hapa majuu and ask for the same amount in loan i would get an interest rate of kitu 2.5% .I would end up paying about 18 M at the end of 20 yrs while a kenyan will pay more than 36 M more than 20 M in interest peke yake.

There are even countries at the moment like Sweden that have -ve interest rates, sijui kama watakuongeza pesa ukiomba
One of the reasons given by Kenyan banks is the job security , but do civil servants enjoy less rates?
No wonder billions in profits is the norm.

I am still waiting to hear the POSITIVE part.

You bought KQ sold at a HUGE loss, bought again and the price is currently SOUTH of the new buying price let alone the ORIGINAL higher price which you already took a huge hit on...

Natafuta hiyo POSITIVE and I cannot see it!!!

Agreed. I also think that a mortgage is not all bad if you are financially savvy. Especially if you get the right rate like 10.9% from Stanchart.

A property I bought against many people's advice has literally tripled in value in 7 years. The rent pays the mortgage. The rent in that period has also increased significantly by 50%. And I have been able to take small loans against the increased value to do other things. A house is the easiest thing to use as security, at least in this country.

Positive ipo. My average buy price on KQ has never risen above KES 7.9.. I sold at KES 6, bought back in a larger holding of 168,000 shares at circa KES 3.90.. Now we are at KES 4.30. Hii hesabu ni ngumu aje