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EAPC profit warning
Rank: Member Joined: 1/9/2008 Posts: 537
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VVS-i work for a bank...wide spreads actually mean that the price moves faster and u can lock in gains/losses faster
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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kizee wrote:VVS-i work for a bank...wide spreads actually mean that the price moves faster and u can lock in gains/losses faster Coz you work for a bank... For someone like me... the wide spreads means more risk for me... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 1/9/2008 Posts: 537
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leta pesa and i will make money for you
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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kizee wrote:leta pesa and i will make money for you Under the aegis of the bank? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 6/16/2010 Posts: 3 Location: Los Angeles
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You can invest your money at penny stocks for more profits.
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Rank: Member Joined: 1/9/2008 Posts: 537
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VituVingiSana wrote:kizee wrote:leta pesa and i will make money for you Under the aegis of the bank? will be a private arrangement..kama hedge fund...i charge u entry fee as well as get a slice of the action
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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kizee wrote:VituVingiSana wrote:kizee wrote:leta pesa and i will make money for you Under the aegis of the bank? will be a private arrangement..kama hedge fund...i charge u entry fee as well as get a slice of the action Pole... can no do... You might be a nice chap & all lakini I need the 'safety/custody' of my cash + proper accounting for taxes... Asante for the offer! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:kizee wrote:hisah wrote:kizee wrote:hisah wrote:kizee wrote:last time they intervened they spent +35tr yen and it failed,think the market will keep testing that 83.00 level and take it out BoJ are not larger than the market..no one is SNB has spent almost $21B since last year trying to intervene on the Swiss Franc. And they lost. ECB and her sister IMF printed $1 trillion to save the euro this May as the debt crisis sent chills down eurozone. The euro is still hopeless. BoE is broke, it can't save the pound. I'm waiting for the bloodbath and gold is confirm the money war is gaining strength. ur rite my friend...oddly enuf japans fundamentals are the yens achilles heel..really catch 22 stuff Next action point Sept 21st when the US Fed (FOMC) meet and state their actions 
Wall Street 2.0 is also being launched the same week - Sept 24th - Gordon Gekko is back
I'm so liking this action after months of boredom trading. lol...boring trading? u have no idea.. mate i trade sub sahara and KES mainly...its worse than watching paint dry! @kizee - something for you and Gordon Gekko (wazuan) Click here... Lolest. Things are getting elephant in FX. Japan seems to have pulled a Zain move in the money system... 
Now SNB intervenes on the swiss franc for as many times this year. Large EURCHF buy volumes in the last 60 mins sending the Swiss franc down the decks and forcing the USDCHF above 1.0080 trend reversal objective. Squeaky time for Central banks
I think before Sept is over financial markets will see some serious fireworks. This is not a good sign for global stocks. But in the meantime I'm grabbing popcorn and a nice seat to watch this action unfold.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 8/6/2010 Posts: 594
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Was the warning justified? I've not seen the reprot but from the market, it seems the report was very bad. Eapc is now trading at 110.  "One man gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous man will prosper; he who refreshes others will himself be refreshed." Rev Canon Karanja.
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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The Oafs made a loss of Kshs 292 million. Forex losses actually declined to 451 million from 837 mil last year. But just to show you that they do not have a handle on the business, operating profits slumped to Kshs 90 mil from 1.25 billion. No dividend. AWFUL set of results. I worry for KenGen.
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EAPC profit warning
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