Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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sparkly wrote:winston wrote:I was once sitting in a room full of guys i respect for their financial acumen...and when this stock was being discussed...they had one consensus...be very wary of a company that is not selling a product or service. They don't know the services offered by NSE... and you respect their financial acumen?  I like that! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,750 Location: nairobi
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Spikes wrote:sparkly wrote:winston wrote:I was once sitting in a room full of guys i respect for their financial acumen...and when this stock was being discussed...they had one consensus...be very wary of a company that is not selling a product or service. They don't know the services offered by NSE... and you respect their financial acumen? I like that! @sparkly my guess is that NSE have not innovated much in over a decade.. CDSC have been the first movers in many aspects.. NSE mainly thrives on charging mandatory commission on trades since IPOs and other listings have been hard to come by.. NSE should innovate
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Spikes wrote:sparkly wrote:winston wrote:I was once sitting in a room full of guys i respect for their financial acumen...and when this stock was being discussed...they had one consensus...be very wary of a company that is not selling a product or service. They don't know the services offered by NSE... and you respect their financial acumen? I like that! @sparkly my guess is that NSE have not innovated much in over a decade.. CDSC have been the first movers in many aspects.. NSE mainly thrives on charging mandatory commission on trades since IPOs and other listings have been hard to come by.. NSE should innovate Agreed 101%. Hope Odundo is reading this. Life is short. Live passionately.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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sparkly wrote:obiero wrote:Spikes wrote:sparkly wrote:winston wrote:I was once sitting in a room full of guys i respect for their financial acumen...and when this stock was being discussed...they had one consensus...be very wary of a company that is not selling a product or service. They don't know the services offered by NSE... and you respect their financial acumen? I like that! @sparkly my guess is that NSE have not innovated much in over a decade.. CDSC have been the first movers in many aspects.. NSE mainly thrives on charging mandatory commission on trades since IPOs and other listings have been hard to come by.. NSE should innovate Agreed 101%. Hope Odundo is reading this. They read then...do nothing possunt quia posse videntur
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Rank: Member Joined: 3/20/2008 Posts: 503
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sparkly wrote:winston wrote:I was once sitting in a room full of guys i respect for their financial acumen...and when this stock was being discussed...they had one consensus...be very wary of a company that is not selling a product or service. They don't know the services offered by NSE... and you respect their financial acumen? Sincerely speaking, how can you not understand the services offered by NSE when investors buy and sell listed securities daily? Either read their annual reports or change company...stay away from these guys with weak financial acumen
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Rank: Member Joined: 3/20/2008 Posts: 503
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obiero wrote:Spikes wrote:sparkly wrote:winston wrote:I was once sitting in a room full of guys i respect for their financial acumen...and when this stock was being discussed...they had one consensus...be very wary of a company that is not selling a product or service. They don't know the services offered by NSE... and you respect their financial acumen? I like that! @sparkly my guess is that NSE have not innovated much in over a decade.. CDSC have been the first movers in many aspects.. NSE mainly thrives on charging mandatory commission on trades since IPOs and other listings have been hard to come by.. NSE should innovate Innovation also has its limits....there is no point innovating when CMA is risk averse and will take ages to sign off on a new product concept let alone develop a regulatory framework...Moreover NSE also must be cognizant of the state of the market and its clamour for sophisticated new products
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Total income increased by 4%.Undone by increase in administrative expenses of 8%.Company attributes this to introduction of new products: m-akiba,derivatives and etf.This is good going into the second half of the year.The new products will boost operating income hence improved full year results.There is reason to be optimistic. Towards the goal of financial freedom
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Rank: Veteran Joined: 11/13/2015 Posts: 1,614
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xxxxx wrote:obiero wrote:Spikes wrote:sparkly wrote:winston wrote:I was once sitting in a room full of guys i respect for their financial acumen...and when this stock was being discussed...they had one consensus...be very wary of a company that is not selling a product or service. They don't know the services offered by NSE... and you respect their financial acumen? I like that! @sparkly my guess is that NSE have not innovated much in over a decade.. CDSC have been the first movers in many aspects.. NSE mainly thrives on charging mandatory commission on trades since IPOs and other listings have been hard to come by.. NSE should innovate Innovation also has its limits....there is no point innovating when CMA is risk averse and will take ages to sign off on a new product concept let alone develop a regulatory framework...Moreover NSE also must be cognizant of the state of the market and its clamour for sophisticated new products Kenyans are risk averse socialists sophisticated new capitalists products scare them. D-reits and I-reits didn't do well, the m-akiba is not doing well subscription is only around 17%. In mature markets the participants come up with new concepts and regulation only comes later. For example hedge funds are not regulated.
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Rank: New-farer Joined: 2/7/2016 Posts: 79 Location: Home
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Wondergirl wrote:Mkondoa Macho wrote:Wondergirl wrote:Ericsson wrote:sparkly wrote:Growth is slow in coming. Is the current leadership too conservative??? Slow down in economic growth  So far its my best performing investment in the stock market, and with its current rally I was hoping it goes to KSH 32.... If I were you, I would get out immediately. I expected stellar performance for the half year, bearing in mind that it was a bull market. You should infer something from that financial statement. The gross income actually improved from last year. But those gains were all swallowed by administrators instead of you resulting in flat earnings. Let me see how it fares tomorrow, then I make a quick decision... The stock now trades at 21.5 per share from 24.5 per share. I hope you made the smart move to cash out and invest in better prospects. Good luck
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Rank: Elder Joined: 6/23/2009 Posts: 13,750 Location: nairobi
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Mkondoa Macho wrote:Wondergirl wrote:Mkondoa Macho wrote:Wondergirl wrote:Ericsson wrote:sparkly wrote:Growth is slow in coming. Is the current leadership too conservative??? Slow down in economic growth So far its my best performing investment in the stock market, and with its current rally I was hoping it goes to KSH 32.... If I were you, I would get out immediately. I expected stellar performance for the half year, bearing in mind that it was a bull market. You should infer something from that financial statement. The gross income actually improved from last year. But those gains were all swallowed by administrators instead of you resulting in flat earnings. Let me see how it fares tomorrow, then I make a quick decision... The stock now trades at 21.5 per share from 24.5 per share. I hope you made the smart move to cash out and invest in better prospects. Good luck It should be trading much lower
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,750 Location: nairobi
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Mkondoa Macho wrote:Wondergirl wrote:Mkondoa Macho wrote:Wondergirl wrote:Ericsson wrote:sparkly wrote:Growth is slow in coming. Is the current leadership too conservative??? Slow down in economic growth So far its my best performing investment in the stock market, and with its current rally I was hoping it goes to KSH 32.... If I were you, I would get out immediately. I expected stellar performance for the half year, bearing in mind that it was a bull market. You should infer something from that financial statement. The gross income actually improved from last year. But those gains were all swallowed by administrators instead of you resulting in flat earnings. Let me see how it fares tomorrow, then I make a quick decision... The stock now trades at 21.5 per share from 24.5 per share. I hope you made the smart move to cash out and invest in better prospects. Good luck It should be trading much lower
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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