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Wai!! it is a blood bath, kcb, coop, equity down 9%
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VituVingiSana
#381 Posted : Thursday, September 29, 2016 1:43:05 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
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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mlennyma
#382 Posted : Thursday, September 29, 2016 2:25:40 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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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Internet
#383 Posted : Thursday, September 29, 2016 3:09:22 PM
Rank: New-farer

Joined: 12/16/2009
Posts: 33
18.5M Barclays shares traded
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obiero
#384 Posted : Thursday, September 29, 2016 4:57:20 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
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

KQ ABP 4.26
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  | | Edit by user: Thursday, September 29, 2016 4:58 PM | Reason: Not specified
Ericsson
#385 Posted : Friday, September 30, 2016 10:06:40 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
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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Angelica _ann
#386 Posted : Friday, September 30, 2016 10:11:24 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
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 smile
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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mlennyma
#387 Posted : Friday, September 30, 2016 10:13:19 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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 bulksmile 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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  | | Edit by user: Friday, September 30, 2016 10:17 AM | Reason: Not specified
The Great
#388 Posted : Friday, September 30, 2016 10:17:17 AM
Rank: Member

Joined: 9/9/2015
Posts: 233
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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mlennyma
#389 Posted : Friday, September 30, 2016 10:19:36 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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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VituVingiSana
#390 Posted : Friday, September 30, 2016 10:20:45 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
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. d'oh! d'oh! d'oh!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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