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KCB @ 90 bob by end year!?!
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Cde Monomotapa
#181 Posted : Monday, June 13, 2011 7:36:13 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
VituVingiSana wrote:
@cde: I am not a huge fan of KCB. Not yet anyway. They need to completely clean house of the managers who were involved in Triton, etc

I know.
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Cde Monomotapa
#182 Posted : Monday, June 13, 2011 7:38:24 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Competition is good as I'm sure if Equity or KCB were the only players in the market they would squeeze every dime out of their customers. Loans would be at 25%. Mtado?

*************************************************

These two counters moved over 3.6 million shares each today, accounting for 59% of turnover.

I am not talking monopoly here just indegenous banks over (western) foreign subs.
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Cde Monomotapa
#183 Posted : Thursday, June 16, 2011 5:18:23 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
KCB GROUP BOARD MAKES SENIOR MANAGEMENT CHANGES- 16th June 2011 3.00p.m

The KCB Group Chief Executive, Dr. Martin Oduor-Otieno said the appointments in the new structure are effective immediately and conclude a key milestone in the transformation agenda and the Board is confident that these Senior Management Staff will deliver on their new assignments.

http://www.kcbbankgroup....p;id=754&Itemid=264

“The remaining roles of Chief Financial Officer (CFO), Chief Business Officer –Kenya (CBOK), Director Marketing and Director Treasury will be advertised externally this week,” said the Chief Executive.

He added that the new appointees have the Board’s full confidence and that of the Executive Committee as they embark on the journey of transforming KCB from a GOOD to a GREAT Bank.

LOAR!!!
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  | | Edit by user: Thursday, June 16, 2011 5:27 PM | Reason: Not specified
Cde Monomotapa
#184 Posted : Thursday, June 16, 2011 5:29:23 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
KCB GROUP BOARD MAKES SENIOR MANAGEMENT CHANGES- 16th June 2011 3.00p.m

The KCB Group Chief Executive, Dr. Martin Oduor-Otieno said the appointments in the new structure are effective immediately and conclude a key milestone in the transformation agenda and the Board is confident that these Senior Management Staff will deliver on their new assignments.

http://www.kcbbankgroup....p;id=754&Itemid=264

“The remaining roles of Chief Financial Officer (CFO), Chief Business Officer –Kenya (CBOK), Director Marketing and Director Treasury will be advertised externally this week,” said the Chief Executive.

He added that the new appointees have the Board’s full confidence and that of the Executive Committee as they embark on the journey of transforming KCB from a GOOD to a GREAT Bank.

LOAR!!!
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guru267
#185 Posted : Sunday, June 19, 2011 7:44:25 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
http://www.businessdaily.../-/10a79yf/-/index.html

ROOOAAARRR!!!!!!
Mark 12:29
Deuteronomy 4:16
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Cde Monomotapa
#186 Posted : Sunday, June 19, 2011 8:40:37 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
guru267 wrote:
http://www.businessdailyafrica.com/Banks+line+up+to+fund+Sh40+billion+Eldoret+project/-/539552/1184626/-/item/0/-/10a79yf/-/index.html

ROOOAAARRR!!!!!!
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Gordon Gekko
#187 Posted : Sunday, June 19, 2011 9:07:42 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Something in the back of my mind tells me that mortgages are not going to have a happy ending. Property prices could experience a correction at some point. At the moment one can't take out a mortgage to finance rental property, which would have been the case five years ago, after five years of servicing the mortgage.
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Cde Monomotapa
#188 Posted : Sunday, June 19, 2011 9:11:51 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Gordon Gekko wrote:
Something in the back of my mind tells me that mortgages are not going to have a happy ending. Property prices could experience a correction at some point. At the moment one can't take out a mortgage to finance rental property, which would have been the case five years ago, after five years of servicing the mortgage.

Just ride the wave, don't let it ride you.
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guru267
#189 Posted : Sunday, June 19, 2011 10:02:51 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Gordon Gekko wrote:
Something in the back of my mind tells me that mortgages are not going to have a happy ending. Property prices could experience a correction at some point. At the moment one can't take out a mortgage to finance rental property, which would have been the case five years ago, after five years of servicing the mortgage.


Demand outstrips supply overwhelmingly + financiers remaining prudent in mortgage supply = housing boom for many many years..

US housing prices rose from 1930s to 2008 every year without fail
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#190 Posted : Sunday, June 19, 2011 10:39:43 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
guru267 wrote:
US housing prices rose from 1930s to 2008 every year without fail
That is a lie...
Of course, I would like to see proof of the claim "US housing prices rose from 1930s to 2008 every year without fail"
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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