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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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obiero wrote:mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others The storm is gaining strength going by this previous readings.
http://www.businessdaily...6/-/3db7pm/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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hisah wrote:obiero wrote:mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others The storm is gaining strength going by this previous readings.
http://www.businessdaily...6/-/3db7pm/-/index.html
are you trying to suggest that the CGT imlementation is affecting the current at the bourse.... I beg to differ we are being charged a percentage of the gains which is far much lower as compared to the brockerage fee which is subjected to the overall amount transacted African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sober wrote:hisah wrote:obiero wrote:mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others The storm is gaining strength going by this previous readings.
http://www.businessdaily...6/-/3db7pm/-/index.html
are you trying to suggest that the CGT implementation is affecting the current at the bourse.... I beg to differ we are being charged a percentage of the gains which is far much lower as compared to the brockerage fee which is subjected to the overall amount transacted. The link I posted has nothing to do with CGT. If you opened the link you'd have seen the article was discussing the 2014 dismal econ performance. Storm in this case refers to the bull barriers lining up in the market due to the expected subpar performance by several companies if the econ extends this trend in 2015.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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hisah wrote:Sober wrote:hisah wrote:obiero wrote:mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others The storm is gaining strength going by this previous readings.
http://www.businessdaily...6/-/3db7pm/-/index.html
are you trying to suggest that the CGT implementation is affecting the current at the bourse.... I beg to differ we are being charged a percentage of the gains which is far much lower as compared to the brockerage fee which is subjected to the overall amount transacted. The link I posted has nothing to do with CGT. If you opened the link you'd have seen the article was discussing the 2014 dismal econ performance. Storm in this case refers to the bull barriers lining up in the market due to the expected subpar performance by several companies if the econ extends this trend in 2015.
True. Even the banks will come to a crawl. If economy shrinks, manufacturing costs rise, production slows, profits dip, job lost, loans defaulted, deposits fade, insecurity rises.. Its not looking good at all
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru
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Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? "..I am because we are. "― Ubuntu, Umtu,
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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GGK wrote:Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? Alot has changed since April. The governor checked into office, dollar hammered the shilling to plus 100, the 91 day Tbill is now approaching 18bob and Mumias today released a profit warning
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:GGK wrote:Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? Alot has changed since April. The governor checked into office, dollar hammered the shilling to plus 100, the 91 day Tbill is now approaching 18bob and Mumias today released a profit warning  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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Pesa Nane wrote:obiero wrote:GGK wrote:Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? Alot has changed since April. The governor checked into office, dollar hammered the shilling to plus 100, the 91 day Tbill is now approaching 18bob and Mumias today released a profit warning Hehe. Wacha kunifact check haraka.. Give it two weeks uone :)
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:Pesa Nane wrote:obiero wrote:GGK wrote:Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? Alot has changed since April. The governor checked into office, dollar hammered the shilling to plus 100, the 91 day Tbill is now approaching 18bob and Mumias today released a profit warning Hehe. Wacha kunifact check haraka.. Give it two weeks uone :) 18 bob? 18%?? Anyway, I passed all those shabby 12-15% corporate bonds, now patiently awaiting your 18-20%  GOK bonds / T-Bills (esp. the tax efficient infrastructure bond) Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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Pesa Nane wrote:obiero wrote:Pesa Nane wrote:obiero wrote:GGK wrote:Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? Alot has changed since April. The governor checked into office, dollar hammered the shilling to plus 100, the 91 day Tbill is now approaching 18bob and Mumias today released a profit warning Hehe. Wacha kunifact check haraka.. Give it two weeks uone :) 18 bob? 18%?? Anyway, I passed all those shabby 12-15% corporate bonds, now patiently awaiting your 18-20% GOK bonds / T-Bills (esp. the tax efficient infrastructure bond) 18%
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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obiero wrote:Boris Boyka wrote:FY 2014 1. Home Afrika 2. Pan Africa 3. TPS 4. Crown Paints 5. Transcentury 6. Sameer Africa 7. Sasini 8. Williamson Tea 9. Kapchorua Tea 10. Mumias 11. East African Portland Cement Company (EAPCC) 12. Rea Vipingo....Of course KQ  KQ & Panafrica are the only firms likely to exit the profit dip/loss zone.. Kwa hizo zingine poleni tena sana.. Some firms have refused to come out of that List. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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FY 2015 1. Home Afrika 2. SGL 3. Express 4. Crown Paints 5. E A Cables 6. Sameer Africa 7. Britam 8. KQ 9.Mumias 10. Uchumi 11. C & G Have i forgoten any or wrongly included some? Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Boris Boyka wrote:FY 2015
1. Home Afrika
2. SGL
3. Express
4. Crown Paints
5. E A Cables
6. Sameer Africa
7. Britam
8. KQ
9.Mumias
10. Uchumi
11. C & G
Have i forgoten any or wrongly included some? If things don't change in Q3 the likes of CFC and SCBK will be issuing profit warnings! As well as ARM if H2 doesn't improve.
Forex losses will chew off good performances and if a firm is struggling in H1 they'll likely issue a profit warning in H2. I hope CMA will force these firms to toe the line by announcing the profit warnings in advance, not a day/week before the results! The actualization of these profit warnings is what will tie down the bull legs into 2016.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 1/3/2014 Posts: 257
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Boris Boyka wrote:FY 2015
1. Home Afrika
2. SGL
3. Express
4. Crown Paints
5. E A Cables
6. Sameer Africa
7. Britam
8. KQ
9.Mumias
10. Uchumi
11. C & G
Have i forgoten any or wrongly included some? TPS BOC Atlas ARM StanChart
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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snipermnoma wrote:Boris Boyka wrote:FY 2015
1. Home Afrika
2. SGL
3. Express
4. Crown Paints
5. E A Cables
6. Sameer Africa
7. Britam
8. KQ
9.Mumias
10. Uchumi
11. C & G
Have i forgoten any or wrongly included some? TPS BOC Atlas ARM StanChart Pan Africa issues profit warning pushing tally to 15"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
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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15 out of 52 listed firms.. terrible year at the NSE
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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obiero wrote:15 out of 52 listed firms.. terrible year at the NSE Na bado. The list will easily get to 22 companies by end of March 2016. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 1/3/2014 Posts: 257
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dunkang wrote:obiero wrote:15 out of 52 listed firms.. terrible year at the NSE Na bado. The list will easily get to 22 companies by end of March 2016. 22! Oh boy!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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snipermnoma wrote:dunkang wrote:obiero wrote:15 out of 52 listed firms.. terrible year at the NSE Na bado. The list will easily get to 22 companies by end of March 2016. 22! Oh boy! So what is the way forward? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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