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Wai!! it is a blood bath, kcb, coop, equity down 9%
Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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@VVS memba still quiet concerning the new laws. Seems their balls have squeezed. For Centum part of the reason of the share price decline is http://www.businessdaily...4464-40wa0uz/index.html
Inject additional money,get additional stake then face propects of share price decline.Bad bad investment in acquiring K-REP bank Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Ericsson wrote:@VVS memba still quiet concerning the new laws. Seems their balls have squeezed. For Centum part of the reason of the share price decline is http://www.businessdaily...4464-40wa0uz/index.html
Inject additional money,get additional stake then face propects of share price decline.Bad bad investment in acquiring K-REP bank For Centum, Sidian is a small part of their overall business/assets. I think Sidian will be fine but it will have to start targeting customers who can securitize their loans! Nevertheless, it does hurt to put in 1.2bn and then wham! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Member used to use the strategy of giving small loans at any interest. Now they need another idea , I am sure JM is on a retreat to rethink.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Just read somewhere that exotix is recommending sell on alot of banks including KCB at current prices
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Horton wrote:Just read somewhere that exotix is recommending sell on alot of banks including KCB at current prices Who is that? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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Horton wrote:Just read somewhere that exotix is recommending sell on alot of banks including KCB at current prices weka rink For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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streetwise wrote:Member used to use the strategy of giving small loans at any interest. Now they need another idea , I am sure JM is on a retreat to rethink. including giving money against uncleared cheques at interest "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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winmak wrote:Horton wrote:Just read somewhere that exotix is recommending sell on alot of banks including KCB at current prices weka rink http://www.businessdaily...4558-mt07s9z/index.html
Last line on page 1 Trying to look for the report but u have to be a registered member
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Impunity wrote:Horton wrote:Just read somewhere that exotix is recommending sell on alot of banks including KCB at current prices Who is that? http://www.exotix.com Specialize in frontier markets. Have quite good research
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Horton wrote:Impunity wrote:Horton wrote:Just read somewhere that exotix is recommending sell on alot of banks including KCB at current prices Who is that? http://www.exotix.com Specialize in frontier markets. Have quite good research Exotic analysts are just mortals. Mr. market has ways of sorting out himself in a mightier force than hidden agendas of Exotic recommendation. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 4/15/2008 Posts: 205
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streetwise wrote:Member used to use the strategy of giving small loans at any interest. Now they need another idea , I am sure JM is on a retreat to rethink. Memba has an option of strengthening the Equitel although as you can see (http://www.nation.co.ke/business/Equitel-customers-hit-with-high-cash-transfer-fees/996-2845840-u3t62az/index.html ) its going to be quite a big challenge. But on the plus side Equitel is there own product unlike KCB, Coop which depend on a 3rd Party (Safcom). I don't think they need to abandon loans to the common mwananchi for the big corporates. Probably keep expanding their base to increase the numbers. Kenya still has a large unBanked population, Congo is almost a virgin market. Do it today! Tomorrow is promise to no-one.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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mufasa wrote:streetwise wrote:Member used to use the strategy of giving small loans at any interest. Now they need another idea , I am sure JM is on a retreat to rethink. Memba has an option of strengthening the Equitel although as you can see (http://www.nation.co.ke/business/Equitel-customers-hit-with-high-cash-transfer-fees/996-2845840-u3t62az/index.html ) its going to be quite a big challenge. But on the plus side Equitel is there own product unlike KCB, Coop which depend on a 3rd Party (Safcom). I don't think they need to abandon loans to the common mwananchi for the big corporates. Probably keep expanding their base to increase the numbers. Kenya still has a large unBanked population, Congo is almost a virgin market. are you saying equity operate their own telco? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Second wave of falling bank shares is visible "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 4/15/2008 Posts: 205
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mlennyma wrote:mufasa wrote:streetwise wrote:Member used to use the strategy of giving small loans at any interest. Now they need another idea , I am sure JM is on a retreat to rethink. Memba has an option of strengthening the Equitel although as you can see (http://www.nation.co.ke/business/Equitel-customers-hit-with-high-cash-transfer-fees/996-2845840-u3t62az/index.html ) its going to be quite a big challenge. But on the plus side Equitel is there own product unlike KCB, Coop which depend on a 3rd Party (Safcom). I don't think they need to abandon loans to the common mwananchi for the big corporates. Probably keep expanding their base to increase the numbers. Kenya still has a large unBanked population, Congo is almost a virgin market. are you saying equity operate their own telco? Yes, its a Mobile Virtual Network Operator Do it today! Tomorrow is promise to no-one.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Spikes wrote:Horton wrote:Impunity wrote:Horton wrote:Just read somewhere that exotix is recommending sell on alot of banks including KCB at current prices Who is that? http://www.exotix.com Specialize in frontier markets. Have quite good research Exotic analysts are just mortals. Mr. market has ways of sorting out himself in a mightier force than hidden agendas of Exotic recommendation. Arent we all? Hidden agendas?? Do tell!
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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mlennyma wrote:mufasa wrote:streetwise wrote:Member used to use the strategy of giving small loans at any interest. Now they need another idea , I am sure JM is on a retreat to rethink. Memba has an option of strengthening the Equitel although as you can see (http://www.nation.co.ke/business/Equitel-customers-hit-with-high-cash-transfer-fees/996-2845840-u3t62az/index.html ) its going to be quite a big challenge. But on the plus side Equitel is there own product unlike KCB, Coop which depend on a 3rd Party (Safcom). I don't think they need to abandon loans to the common mwananchi for the big corporates. Probably keep expanding their base to increase the numbers. Kenya still has a large unBanked population, Congo is almost a virgin market. are you saying equity operate their own telco? YES. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Just saw on Twitter that KCB will not cap rates on mobile loans at 14.5%. So much for helping the common man... Business opportunities are like buses,there's always another one coming
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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KulaRaha wrote:Just saw on Twitter that KCB will not cap rates on mobile loans at 14.5%. So much for helping the common man... With Equity, they are telling all their customers who want loans to get Equitel lines and apply for loans via Equitel....this way they are able to escape this 14.5% cap.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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kawi254 wrote:KulaRaha wrote:Just saw on Twitter that KCB will not cap rates on mobile loans at 14.5%. So much for helping the common man... With Equity, they are telling all their customers who want loans to get Equitel lines and apply for loans via Equitel....this way they are able to escape this 14.5% cap. Totally against the spirit of the law...Telcos must be controlled also! Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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CFS STANBIC. Tells me by sms I will get 7.35%pa for minimum ballance of kes. 5000. Our juu. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Wai!! it is a blood bath, kcb, coop, equity down 9%
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