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KCB @ 90 bob by end year!?!
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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VituVingiSana wrote:@cde: I am not a huge fan of KCB. Not yet anyway. They need to completely clean house of the managers who were involved in Triton, etc I know.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:Competition is good as I'm sure if Equity or KCB were the only players in the market they would squeeze every dime out of their customers. Loans would be at 25%. Mtado?
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These two counters moved over 3.6 million shares each today, accounting for 59% of turnover. I am not talking monopoly here just indegenous banks over (western) foreign subs.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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KCB GROUP BOARD MAKES SENIOR MANAGEMENT CHANGES- 16th June 2011 3.00p.m The KCB Group Chief Executive, Dr. Martin Oduor-Otieno said the appointments in the new structure are effective immediately and conclude a key milestone in the transformation agenda and the Board is confident that these Senior Management Staff will deliver on their new assignments. http://www.kcbbankgroup....p;id=754&Itemid=264
“The remaining roles of Chief Financial Officer (CFO), Chief Business Officer –Kenya (CBOK), Director Marketing and Director Treasury will be advertised externally this week,” said the Chief Executive. He added that the new appointees have the Board’s full confidence and that of the Executive Committee as they embark on the journey of transforming KCB from a GOOD to a GREAT Bank. LOAR!!!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:KCB GROUP BOARD MAKES SENIOR MANAGEMENT CHANGES- 16th June 2011 3.00p.m The KCB Group Chief Executive, Dr. Martin Oduor-Otieno said the appointments in the new structure are effective immediately and conclude a key milestone in the transformation agenda and the Board is confident that these Senior Management Staff will deliver on their new assignments. http://www.kcbbankgroup....p;id=754&Itemid=264
“The remaining roles of Chief Financial Officer (CFO), Chief Business Officer –Kenya (CBOK), Director Marketing and Director Treasury will be advertised externally this week,” said the Chief Executive. He added that the new appointees have the Board’s full confidence and that of the Executive Committee as they embark on the journey of transforming KCB from a GOOD to a GREAT Bank. LOAR!!!
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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guru267 wrote:http://www.businessdailyafrica.com/Banks+line+up+to+fund+Sh40+billion+Eldoret+project/-/539552/1184626/-/item/0/-/10a79yf/-/index.html
ROOOAAARRR!!!!!!
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Something in the back of my mind tells me that mortgages are not going to have a happy ending. Property prices could experience a correction at some point. At the moment one can't take out a mortgage to finance rental property, which would have been the case five years ago, after five years of servicing the mortgage.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Gordon Gekko wrote:Something in the back of my mind tells me that mortgages are not going to have a happy ending. Property prices could experience a correction at some point. At the moment one can't take out a mortgage to finance rental property, which would have been the case five years ago, after five years of servicing the mortgage. Just ride the wave, don't let it ride you.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Gordon Gekko wrote:Something in the back of my mind tells me that mortgages are not going to have a happy ending. Property prices could experience a correction at some point. At the moment one can't take out a mortgage to finance rental property, which would have been the case five years ago, after five years of servicing the mortgage. Demand outstrips supply overwhelmingly + financiers remaining prudent in mortgage supply = housing boom for many many years.. US housing prices rose from 1930s to 2008 every year without fail Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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guru267 wrote:US housing prices rose from 1930s to 2008 every year without fail That is a lie... Of course, I would like to see proof of the claim "US housing prices rose from 1930s to 2008 every year without fail" Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:guru267 wrote:US housing prices rose from 1930s to 2008 every year without fail That is a lie... Of course, I would like to see proof of the claim "US housing prices rose from 1930s to 2008 every year without fail" Then check the internet my brother and correct me if you believe & find out I am wrong before calling me a liar  Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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VituVingiSana wrote:guru267 wrote:US housing prices rose from 1930s to 2008 every year without fail That is a lie... Of course, I would like to see proof of the claim "US housing prices rose from 1930s to 2008 every year without fail" @guru..for real that's a over 70 year old rally...i'd stick to the shortage of housing & our banks still cutting prime mortgages.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Even better is to go by that CBK & WB Mortgage mkt report on Kenya. Where mortgages in Kenya are @ 3% of GDP, a far cry from the US @ 70% of GDP. MASSIVE ROOM FOR GROWTH!
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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guru267 wrote:VituVingiSana wrote:guru267 wrote:US housing prices rose from 1930s to 2008 every year without fail That is a lie... Of course, I would like to see proof of the claim "US housing prices rose from 1930s to 2008 every year without fail" Then check the internet my brother and correct me if you believe & find out I am wrong before calling me a liar You made the initial statement so show me the proof/data where you got your info. The dynamics of Kenya are very different from USA but my point was a blind comparison of the two is not valid. Anyway, show me your data supporting "US housing prices rose from 1930s to 2008 every year without fail"Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:guru267 wrote:VituVingiSana wrote:guru267 wrote:US housing prices rose from 1930s to 2008 every year without fail That is a lie... Of course, I would like to see proof of the claim "US housing prices rose from 1930s to 2008 every year without fail" Then check the internet my brother and correct me if you believe & find out I am wrong before calling me a liar You made the initial statement so show me the proof/data where you got your info. The dynamics of Kenya are very different from USA but my point was a blind comparison of the two is not valid. Anyway, show me your data supporting "US housing prices rose from 1930s to 2008 every year without fail" I made a statement and you called me a liar. On what basis?? Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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guru267 wrote:VituVingiSana wrote:guru267 wrote:VituVingiSana wrote:guru267 wrote:US housing prices rose from 1930s to 2008 every year without fail That is a lie... Of course, I would like to see proof of the claim "US housing prices rose from 1930s to 2008 every year without fail" Then check the internet my brother and correct me if you believe & find out I am wrong before calling me a liar You made the initial statement so show me the proof/data where you got your info. The dynamics of Kenya are very different from USA but my point was a blind comparison of the two is not valid. Anyway, show me your data supporting "US housing prices rose from 1930s to 2008 every year without fail" I made a statement and you called me a liar. On what basis?? @vvs..lenga tu bro. 
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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guru267 wrote:VituVingiSana wrote:guru267 wrote:VituVingiSana wrote:guru267 wrote:US housing prices rose from 1930s to 2008 every year without fail That is a lie... Of course, I would like to see proof of the claim "US housing prices rose from 1930s to 2008 every year without fail" Then check the internet my brother and correct me if you believe & find out I am wrong before calling me a liar You made the initial statement so show me the proof/data where you got your info. The dynamics of Kenya are very different from USA but my point was a blind comparison of the two is not valid. Anyway, show me your data supporting "US housing prices rose from 1930s to 2008 every year without fail" I made a statement and you called me a liar. On what basis?? Sawa... I withdraw the 'liar' charge [pole for that] but please show me the data that "US housing prices rose from 1930s to 2008 every year without fail"Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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In the early 90s, there was a 'small' recession and housing prices, especially in California, suffered. There was no super duper rally for 80 years. And before that there were other 'corrections' GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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KCB hogging the news for the last couple of months. Looks set to continue as they churn out product after product. http://www.businessdaily...98/-/guhvsu/-/index.htmlGOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Banks have stopped landing to the private sector due to risk aversion www.businessdailyafrica....2/-/v6y5yiz/-/index.html i'm going 100% on KK.
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KCB @ 90 bob by end year!?!
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