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RELIABLE SECURITIES LTD
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corrector
#1 Posted : Monday, August 31, 2009 5:41:00 PM
Rank: Member


Joined: 12/9/2006
Posts: 16
They seem to have a very strong balance sheet as compared to some investment banks,they reported a revenue of 5m as compared to drummond of 1m,they have a position of 300m at the balance sheet level compared to drummond of 100m
Were they under political attack to do a merger since its only konzolo who is not kikuyu in the brokerage industry?
Educate me guys................
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Mainat
#2 Posted : Monday, August 31, 2009 5:54:00 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Corrector,earlier today I put a post on 'brokers to avoid'. Any broker that has used the NSE seat (apparently valued at Ksh250m) to prop up its balance sheet is suspect... With this in mind,plse revisit the Reliable numbers.

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
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VituVingiSana
#3 Posted : Thursday, September 03, 2009 2:45:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Tell that kao to stop playing games. This is not the NSSF where you value assets ovyo ovyo. using 250mn as 'capital' is a load of CRAP. And CFC Stanbic is not kikuyu-owned. Nor is Kestel. Nor is African Alliance. Nor is ABC/Crossfield.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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