He will SURELY be the first to crack 700k. And soon too. Also, I take it stocksmaster has already cracked 100% gain since the year started on playing the market

NBK's model is ultra conservative. They just buy government debt papers with their parastatal deposits. No investment in new IT platforms (mpesa, mkesho etc), local or regional expansion, zero new products like mortgages, unsecured loans etc. Just a matter of time and they will be overtaken by NIC, DTB, I&M, family on all parameters. There are better banks to buy.

@ youcantstopusnow. whatcouldbethereason?

obiero, besides 'the management issue', I just think people are realising that the grass is greener on the other side i.e. other companies on the NSE. Why should they invest their well earned money in a company who don't seem to have much vision for the next 5 years? Their half year was flat while most insurance companies were posting stellar growth. They say a stock's performance will always mirror that of the company. Look at eveready, access, boc. Kenya-re should adopt an agressive marketing strategy like other insurers

I've been warning guys this stock is useless... How can the NSE grow by 40% in H1 2010 and their profits grow 3% and then we have Jubilee growing by 70%


I remember @2012 very happy with his purchase at 12bob more than 3months ago... I wonder whether he still has them for the "longterm"