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Wai!! it is a blood bath, kcb, coop, equity down 9%
Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Bank stocks are recovering lost ground since the severe plunge after UK signed the Bill. Slowly but surely. But a long way to go. KCB, Equity, HFCK, I&M, NIC. Though my interests lie only in Equity [I wish I had bought more at the bottom], some NIC and mostly I&M. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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VituVingiSana wrote:Bank stocks are recovering lost ground since the severe plunge after UK signed the Bill. Slowly but surely. But a long way to go.
KCB, Equity, HFCK, I&M, NIC.
Though my interests lie only in Equity [I wish I had bought more at the bottom], some NIC and mostly I&M. the only stock i can touch is hfck but until Q1 2017 iam an observer "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 12/16/2009 Posts: 33
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18.5M Barclays shares traded
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Rank: Elder Joined: 6/23/2009 Posts: 13,548 Location: nairobi
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Internet wrote:18.5M Barclays shares traded
18,557,400 is a lot of shares. must be two big hands on both sides, not a retail exchange
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Charges on KCB-Mpesa Loans Now at 3.91% Per Month. ~1.16% Interest rate ~2.5% Negotiation Fee ~0.25% Excise Duty Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Ericsson wrote:Charges on KCB-Mpesa Loans Now at 3.91% Per Month.
~1.16% Interest rate
~2.5% Negotiation Fee
~0.25% Excise Duty Hiyo ni tax to JP Gava  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Ericsson wrote:Charges on KCB-Mpesa Loans Now at 3.91% Per Month.
~1.16% Interest rate
~2.5% Negotiation Fee
~0.25% Excise Duty negotiation fee is the new term and the bulk kwani negotiating ni ngumu aje to take the lions share? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 9/9/2015 Posts: 233
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Do people really benefit from these mobile loans ama ni Sportpesa betting loans tu. "Buy when there's blood in the streets, even if the blood is your own."
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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The Great wrote:Do people really benefit from these mobile loans ama ni Sportpesa betting loans tu. this are mostly emergency loans and yes they help alot "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Ericsson wrote:Charges on KCB-Mpesa Loans Now at 3.91% Per Month.
~1.16% Interest rate
~2.5% Negotiation Fee
~0.25% Excise Duty Plus no loans longer than 1 month. The bank is now offering only the one-month loans on the KCB M-Pesa platform, for which it is charging a monthly interest rate of 1.17 per cent plus a one-off 2.25 per cent negotiation fee levied across all its loan products. This fee also attracts a 10 per cent excise duty.http://www.businessdaily...9392-n80diiz/index.html
That's over 50% on an annual basis.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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VituVingiSana wrote:Ericsson wrote:Charges on KCB-Mpesa Loans Now at 3.91% Per Month.
~1.16% Interest rate
~2.5% Negotiation Fee
~0.25% Excise Duty Plus no loans longer than 1 month. The bank is now offering only the one-month loans on the KCB M-Pesa platform, for which it is charging a monthly interest rate of 1.17 per cent plus a one-off 2.25 per cent negotiation fee levied across all its loan products. This fee also attracts a 10 per cent excise duty.http://www.businessdaily...9392-n80diiz/index.html
That's over 50% on an annual basis. Ukora umeanza "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Metasploit wrote:Metasploit wrote:Aguytrying wrote:PKoli wrote:instinct wrote:watesh wrote:KCB supply has dried up at the moment just around 150k shares up for grabs any move towards 30 will be violently resisted... I think kcb and equity will be comfortably in the 30s zone by end of Friday this week. My thoughts too elder. The leg down was exaggerated and the reset back up to a new normal is on the cards. Volumes traded is the support. Boy was it massive over the 2 days. Foreigners been bought out. Was it planned??? on 30th Aug,the 775M turnover had 700M foreign buys and 75M local buy for Equity.Foreign sale 95% KCB had 50% foreign buy and 50% local buy.Foreign sale over 95% on 29th Aug both Equity and KCB had 99.9% foreign buys. Foreigners have both smart and panicky investors. Gaps have to be filled. Equity target at least 32.5 (When the Gap started) The shares on offer during the slide, on both counters and the adjustment corresponding to price drop points to one entity who desperately wanted to exit on the news.. Funds have behaved like that.FTSE behaved the same during brexit Global Markets behaved the same during the first FOMC on QE taper. That is why we normally have volume spike as smart money takes advantage of news. Just like that KES 30 is defeated for equity. My target remains 32.50 Sold at 32.50..waiting for safcom to break 20 resistance for re-entry
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Metasploit wrote:Metasploit wrote:Metasploit wrote:Aguytrying wrote:PKoli wrote:instinct wrote:watesh wrote:KCB supply has dried up at the moment just around 150k shares up for grabs any move towards 30 will be violently resisted... I think kcb and equity will be comfortably in the 30s zone by end of Friday this week. My thoughts too elder. The leg down was exaggerated and the reset back up to a new normal is on the cards. Volumes traded is the support. Boy was it massive over the 2 days. Foreigners been bought out. Was it planned??? on 30th Aug,the 775M turnover had 700M foreign buys and 75M local buy for Equity.Foreign sale 95% KCB had 50% foreign buy and 50% local buy.Foreign sale over 95% on 29th Aug both Equity and KCB had 99.9% foreign buys. Foreigners have both smart and panicky investors. Gaps have to be filled. Equity target at least 32.5 (When the Gap started) The shares on offer during the slide, on both counters and the adjustment corresponding to price drop points to one entity who desperately wanted to exit on the news.. Funds have behaved like that.FTSE behaved the same during brexit Global Markets behaved the same during the first FOMC on QE taper. That is why we normally have volume spike as smart money takes advantage of news. Just like that KES 30 is defeated for equity. My target remains 32.50 Sold at 32.50..waiting for safcom to break 20 resistance for re-entry I've loaded proper equity and DTB during the uncertainty. Now Im relaxed. I believed these low prices were exaggerated The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Aguytrying wrote:Metasploit wrote:Metasploit wrote:Metasploit wrote:Aguytrying wrote:PKoli wrote:instinct wrote:watesh wrote:KCB supply has dried up at the moment just around 150k shares up for grabs any move towards 30 will be violently resisted... I think kcb and equity will be comfortably in the 30s zone by end of Friday this week. My thoughts too elder. The leg down was exaggerated and the reset back up to a new normal is on the cards. Volumes traded is the support. Boy was it massive over the 2 days. Foreigners been bought out. Was it planned??? on 30th Aug,the 775M turnover had 700M foreign buys and 75M local buy for Equity.Foreign sale 95% KCB had 50% foreign buy and 50% local buy.Foreign sale over 95% on 29th Aug both Equity and KCB had 99.9% foreign buys. Foreigners have both smart and panicky investors. Gaps have to be filled. Equity target at least 32.5 (When the Gap started) The shares on offer during the slide, on both counters and the adjustment corresponding to price drop points to one entity who desperately wanted to exit on the news.. Funds have behaved like that.FTSE behaved the same during brexit Global Markets behaved the same during the first FOMC on QE taper. That is why we normally have volume spike as smart money takes advantage of news. Just like that KES 30 is defeated for equity. My target remains 32.50 Sold at 32.50..waiting for safcom to break 20 resistance for re-entry I've loaded proper equity and DTB during the uncertainty. Now Im relaxed. I believed these low prices were exaggerated http://www.businessdaily...539552-3394448-114v12d/
Opus Dei came out speaking on foreigner suitors targeting local market despite rate cap prompting change of sentiment across investors. Otherwise banking stocks would have stayed at the bottom indefinitely. Thanks to CBK governor and as you know everybody has great confidence in him wherever he coughs a rally is likely. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Profit taking next week. Mkt has closed Q3 with a bang Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Spikes wrote:Aguytrying wrote:Metasploit wrote:Metasploit wrote:Metasploit wrote:Aguytrying wrote:PKoli wrote:instinct wrote:watesh wrote:KCB supply has dried up at the moment just around 150k shares up for grabs any move towards 30 will be violently resisted... I think kcb and equity will be comfortably in the 30s zone by end of Friday this week. My thoughts too elder. The leg down was exaggerated and the reset back up to a new normal is on the cards. Volumes traded is the support. Boy was it massive over the 2 days. Foreigners been bought out. Was it planned??? on 30th Aug,the 775M turnover had 700M foreign buys and 75M local buy for Equity.Foreign sale 95% KCB had 50% foreign buy and 50% local buy.Foreign sale over 95% on 29th Aug both Equity and KCB had 99.9% foreign buys. Foreigners have both smart and panicky investors. Gaps have to be filled. Equity target at least 32.5 (When the Gap started) The shares on offer during the slide, on both counters and the adjustment corresponding to price drop points to one entity who desperately wanted to exit on the news.. Funds have behaved like that.FTSE behaved the same during brexit Global Markets behaved the same during the first FOMC on QE taper. That is why we normally have volume spike as smart money takes advantage of news. Just like that KES 30 is defeated for equity. My target remains 32.50 Sold at 32.50..waiting for safcom to break 20 resistance for re-entry I've loaded proper equity and DTB during the uncertainty. Now Im relaxed. I believed these low prices were exaggerated http://www.businessdaily...539552-3394448-114v12d/
Opus Dei came out speaking on foreigner suitors targeting local market despite rate cap prompting change of sentiment across investors. Otherwise banking stocks would have stayed at the bottom indefinitely. Thanks to CBK governor and as you know everybody has great confidence in him wherever he coughs a rally is likely. Out of what he said nothing is nothing new or surprising. What happened is investors listened to their emotions instead of remembering the fundamentals. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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We are on a fully charged bull. Equity bank clocks 33.50 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ericsson wrote:We are on a fully charged bull.
Equity bank clocks 33.50 Missed this  possunt quia posse videntur
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Ericsson wrote:We are on a fully charged bull.
Equity bank clocks 33.50 i wish it was true but it's not.just flexing of muscles like transcentury "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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@mlennyama What do you foresee Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Wai!! it is a blood bath, kcb, coop, equity down 9%
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