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FUNKY		#2921 Posted : Tuesday, November 05, 2019 5:32:27 PM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		Tomorrow will be green again on the banking stocks
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snifadog		#2922 Posted : Tuesday, November 05, 2019 5:51:50 PM
Rank: Member Joined: 6/6/2016 Posts: 167 Location: Nairobi		buy the rumour sell the news.. tomorrow will be a red day on banking stocks
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mwekez@ji		#2923 Posted : Tuesday, November 05, 2019 5:53:37 PM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		FUNKY wrote: Tomorrow will be green again on the banking stocks Kaching
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MaichBlack		#2924 Posted : Tuesday, November 05, 2019 7:55:10 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,838		FUNKY wrote: BREAKING NEWS: Interest rate caps are set to be repealed. This is following the @NAssemblyKE failure to raise a two-thirds majority to oppose President Uhuru Kenyatta's reservations on interest rate caps. https://t.co/egfHuRgRac ^ Where were they ever going to get the 2/3 majority!!?? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack		#2925 Posted : Tuesday, November 05, 2019 7:59:17 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,838		MaichBlack wrote: Ericsson wrote: Hon Sam Atandi @SamuelAtandi Am now ready to support repeal of interest cap law with a singular amendment to exempt its application from the existing loans/facilities You don't make demands from a position of weakness. They should have made the amendments much earlier when discussing the bill. The president/treasury/CBK has them by balls. Chances of them raising 2/3 majority are slim to none. The amendment will only be done if the President wants it to be. MPigs made the wrong move. Recovering from that move is tough!! Habari ndiyo hiyo!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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mlennyma		#2926 Posted : Tuesday, November 05, 2019 10:56:34 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		MaichBlack wrote: MaichBlack wrote: Ericsson wrote: Hon Sam Atandi @SamuelAtandi Am now ready to support repeal of interest cap law with a singular amendment to exempt its application from the existing loans/facilities You don't make demands from a position of weakness. They should have made the amendments much earlier when discussing the bill. The president/treasury/CBK has them by balls. Chances of them raising 2/3 majority are slim to none. The amendment will only be done if the President wants it to be. MPigs made the wrong move. Recovering from that move is tough!! Habari ndiyo hiyo!!! bad laws don't last "Don't let the fear of losing be greater than the excitement of winning."
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Shak		#2927 Posted : Tuesday, November 05, 2019 11:21:12 PM
Rank: Elder Joined: 2/22/2009 Posts: 2,449 Location: Africa		I'm so sunk. Took a loan a couple of months ago. Now waiting to see how my bank will shaft me.
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obiero		#2928 Posted : Wednesday, November 06, 2019 6:08:32 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi		Shak wrote: I'm so sunk. Took a loan a couple of months ago. Now waiting to see how my bank will shaft me. Ukichengwa tulia KQ ABP 4.26
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MaichBlack		#2929 Posted : Wednesday, November 06, 2019 8:00:15 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,838		Shak wrote: I'm so sunk. Took a loan a couple of months ago. Now waiting to see how my bank will shaft me. You have a month or two to come up with a plan. The banks will chill a bit before significantly raising the rate on old loans to avoid "we told you so" scenarios. But by January - February my brother/sister... Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack		#2930 Posted : Wednesday, November 06, 2019 8:17:32 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,838		MaichBlack wrote: FUNKY wrote: https://www.nation.co.ke/news/MPs-to-defy-Uhuru-over-loan-rate-caps/1056-5315586-15j4ggtz/index.html ^ Good luck to them Marshalling the required 2/3 majority!! They are just politicking and they know it. Most of these cowards will not even be in the house when the vote is taken. CBK + Treasury + President vs MPigs!!! Good luck with that. And the President just requires 1/3 (which includes all absentees!!). Do the Math. I told you so!!! Only 161 of them were in the house!! These fellows are very predictable. You have to understand the pattern in the madness. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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