Cde Monomotapa wrote:hisah wrote:Cde Monomotapa wrote:The CBK has re-inforced itself as the lender of last resort. The banks have been shaken. Sell ur t.bills,bonds & fx for liquidity before U come to us. Excellent, no more hustling on the trading desks. Go out, gather depos & make loans like a bank ought to. Survival will be for the fittest indeed.
In short, short them bank stocks 
Especially those that tend to serve their foreign masters more than East Africans
Seems the one at risk is KCB. Equity also made 2x in forex trading but should be OK.
BBK & Citi seem safe.
Not sure about Co-op. I think they will do fine.
Now as for KCB... Low liquidity means expensive overnight borrowing!!!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett