wazua Wed, Nov 27, 2024
Welcome Guest Search | Active Topics | Log In | Register

27 Pages«<23456>»
CBK MPC Meet!!!
Options
Previous Topic · Next Topic
Scubidu
#61 Posted : Sunday, December 04, 2011 3:59:55 PM
Rank: Veteran


Joined: 9/4/2009
Posts: 700
Location: Nairobi
the deal wrote:
I will let Kenyans comment on Kenyan issues...apart from my investments here which I can pull out anytime...the rest is non of my business...I will keep my comments strictly stocks!


No worries mate. I didn't actually want you to talk about Kenyan issues, just Elasticity in general, just thot u wud say something cool.

Nway you're blog is a great source of info btw. Read your post about not being in cash... I agree with you. I often tell people to maintain a hybrid model, that sees them hold growth stocks and high coupon bonds (just by 6 and you have predictable cashflows for the year).

But right now, the market is ripe for defensive stocks. What if I invest in a dividend stock portfolio whose dividend payments grow faster than a rate of 20% per annum. Know any 5 stocks in Kenya or Namibia that can help me do that?

Is KQ a growth or dividend stock?
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
Back to top
 Report Abusive | Report SPAM
GenghisCapitalLtd
#62 Posted : Monday, December 05, 2011 9:10:02 AM

Rank: Bona-fide


Joined: 11/2/2011
Posts: 191
Location: Nairobi
smallfama wrote:
we are controlling liquidity driven inflation at the expense of long term solutions. Failing to plan is planning to fail since all our key economic drivers are left to the dogs. We need to enhance agricultural production and value addition, have legislation regulating arable land sub-divisions to non-profitable portions, boosting industrial dvt by lowering the cost of doing business; power et al. We need to have more large scale kenyan farmers and i mean KENYAN not some mzungu selling flowers and horticultural products and then keeping their proceeds abroad after using L Naivasha water. Rains were coming to easy the cost of food but now it is destroying crops and settlements because we cannot tap that water in dams for irrigation when rain goes. We should slap heavy tax on non essential commodities being imported from China. Ati ile mwiko unanunua Nakumatt is also made in China na huko they don't cook ugali nkt. The ministries of Finance and Planning should wake up and give lasting solutions!! I think Kenyans will be sober when voting nxt yr.

Applause Applause It really pisses me off to hear that we have floods in Western Kenya and no technology (or attempt thereof) to harvest that water. Agriculture is our main stay sector and we are too dependent on the weather yet Israel, basically a desert, is food secure what's wrong with that picture. Why can't we ask them for their technology since we have excellent relations ama that opportunity for someone to 'kula" won't be there!!!
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
 Report Abusive | Report SPAM
2012
#63 Posted : Monday, December 05, 2011 9:43:03 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
If you ask me for my layman opinion I'd say somewhere, at some point and place our good Governor and his people made a mistake and printed a sizable amount of legal tender and are trying to mop it up now. That's the only thing that makes any amount of sense to me.

BBI will solve it :)
Back to top
 Report Abusive | Report SPAM
guru267
#64 Posted : Monday, December 05, 2011 10:30:11 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
2012 wrote:
If you ask me for my layman opinion I'd say somewhere, at some point and place our good Governor and his people made a mistake and printed a sizable amount of legal tender and are trying to mop it up now. That's the only thing that makes any amount of sense to me.


@2012 This could be true since with rates at 18% they will definitely mop up a substantial amount of all that legal tender they threw at the economy last year..

The only thing is that inflation will continue to persist even after because quantitative easng was never the cause in the 1st place..
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM | Edit by user: Monday, December 05, 2011 10:31 AM | Reason: Not specified
Mainat
#65 Posted : Monday, December 05, 2011 4:18:18 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Guru267-you might like to introduce a concept known as the law of diminishing marginal returns. You see imho, only the first 5% increase had serious impact on the CBK mandates of controlling inflation or fostering a stable financial system and supporting economic growth. The rest of the increases have some impact but negligible impact imho. The worst thing is that CBK has acted like it doesn’t have any other short-term monetary tools that it can use to control money supply like reserve ratio, overnight window and even t-bills. End result, the additional 150bps from last week have nil impact on the fx rate. On inflation, well, the MPC credibility has gone downwards, inflation will only head downwards once the food from the current rain comes to our collective tables. And that is assuming oil does not go as far north ($150) as predicted it’d earlier this month.
Sehemu ndio nyumba
Back to top
 Report Abusive | Report SPAM
mkonomtupu
#66 Posted : Tuesday, December 06, 2011 9:56:40 AM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
the deal wrote:
I will let Kenyans comment on Kenyan issues...apart from my investments here which I can pull out anytime...the rest is non of my business...I will keep my comments strictly stocks!


@deal you tried investing in the real kenyan economy sometime this year and you saw it's not for the faint-hearted. this economy is resilient because no matter how much the GoK messes up the ordinary wanjiku and SME sector has learnt to adapt and keep going. Just like the IMF you only care about the investments which you can pull out anytime. With that let me head to river road and help my friend sell some stuff he imported at Kshs 104 dollar rate. this stuff needs to go before xmas otherwise he goes bankrupt with my cash
Back to top
 Report Abusive | Report SPAM
GenghisCapitalLtd
#67 Posted : Wednesday, December 07, 2011 10:26:37 AM

Rank: Bona-fide


Joined: 11/2/2011
Posts: 191
Location: Nairobi
@the deal, dude we need your insight as an outsider on some of the Kenyan issues so don't hold back, that's why it's a blog...some of us get educated while others are insulted!! do your thing deal!!
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
 Report Abusive | Report SPAM
GenghisCapitalLtd
#68 Posted : Tuesday, January 10, 2012 11:47:30 AM

Rank: Bona-fide


Joined: 11/2/2011
Posts: 191
Location: Nairobi
here we are at it again. market consensus is a neutral in that the CBK will not change the CBR but we are taking the contrarian view. We place a 60% chance of an increase in the range of 100bp-150bp, 30% of a no change and 10% of a reduction. What are your views on this?
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
 Report Abusive | Report SPAM
Mainat
#69 Posted : Tuesday, January 10, 2012 12:04:59 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Hold@18% within expectation that CBR will head downwards in Feb. 18% borrowing means Kenya Plc is making a loss since its virtually unheard of for an economy to grow at anything more than 10% per year.
Sehemu ndio nyumba
Back to top
 Report Abusive | Report SPAM
mwekez@ji
#70 Posted : Wednesday, January 11, 2012 5:51:43 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Committee considered it necessary to maintain its current tight monetary policy stance and thus retained the CBR rate at 18% to provide time for the adjustments in the CBR to have their full impact together with the liquidity management instruments in place

http://www.centralbank.go.ke/do...0January%2011%202012.pdf
Back to top
 Report Abusive | Report SPAM
Mainat
#71 Posted : Wednesday, January 11, 2012 6:47:52 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Going by the MPC language, no imminent easing i.e. not before April. I think we'll below par growth (i.e. 3%) only if:
1) It rains heavily in the Feb-May rainy season
2) GE is held in Aug 2012
3) No GE controversy
4) Euro crisis is resolved (i.e. no exits or junk credit rating status for Espana or Mafia)
Sehemu ndio nyumba
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#72 Posted : Wednesday, January 11, 2012 7:11:13 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Let's also remember that savings from dropping inflation is also a great stimulus to our largely cash economy.
Back to top
 Report Abusive | Report SPAM | Edit by user: Wednesday, January 11, 2012 7:14 PM | Reason: Not specified
Cde Monomotapa
#73 Posted : Wednesday, January 11, 2012 7:20:26 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
Let's also remember that savings from dropping inflation is also a great stimulus to our largely cash economy.

An economy of 55K credit cards, 7.1M debit cards (2010) & 16M* Mobile cash accounts smile
Back to top
 Report Abusive | Report SPAM | Edit by user: Wednesday, January 11, 2012 10:24 PM | Reason: Not specified
hisah
#74 Posted : Thursday, January 12, 2012 4:15:14 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Going by the MPC language, no imminent easing i.e. not before April. I think we'll below par growth (i.e. 3%) only if:
1) It rains heavily in the Feb-May rainy season
2) GE is held in Aug 2012
3) No GE controversy
4) Euro crisis is resolved (i.e. no exits or junk credit rating status for Espana or Mafia)

CBK and Treasury should start looking for rain making consultants asap since the KE econ is very dependent on this fiscal tool Think d'oh!
I can see a fork in terms of protests (life hardships as a cause) that could make the GE slippery to handle since the KDF venture has not succeeded in distracting people's attention on the immediate economical distress...

As for euroland - PIIGS are already junk credit victims only that the 'trustworthy' rating agencies are praying for a miracle on how not to break the news on this known situation... Grecian 2yr bond yields are already heading towards 200%... 1yr bond yields will hit 500% then 1000% when sh** hits the fan and we go into debt forgiving mode sinkhole... If I were a vulture preying on Greece, I'd have died of starvation by now...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
GenghisCapitalLtd
#75 Posted : Friday, January 13, 2012 11:03:43 AM

Rank: Bona-fide


Joined: 11/2/2011
Posts: 191
Location: Nairobi
hisah wrote:
Mainat wrote:
Going by the MPC language, no imminent easing i.e. not before April. I think we'll below par growth (i.e. 3%) only if:
1) It rains heavily in the Feb-May rainy season
2) GE is held in Aug 2012
3) No GE controversy
4) Euro crisis is resolved (i.e. no exits or junk credit rating status for Espana or Mafia)

CBK and Treasury should start looking for rain making consultants asap since the KE econ is very dependent on this fiscal tool Think d'oh!
I can see a fork in terms of protests (life hardships as a cause) that could make the GE slippery to handle since the KDF venture has not succeeded in distracting people's attention on the immediate economical distress...

As for euroland - PIIGS are already junk credit victims only that the 'trustworthy' rating agencies are praying for a miracle on how not to break the news on this known situation... Grecian 2yr bond yields are already heading towards 200%... 1yr bond yields will hit 500% then 1000% when sh** hits the fan and we go into debt forgiving mode sinkhole... If I were a vulture preying on Greece, I'd have died of starvation by now...

Laughing out loudly Laughing out loudly It really sickens me that we our economy is still weather dependent since countries like Israel are a desert yet they are food sufficient, why can't we ask for their technology as I'm sure we have strong relations?!!
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
 Report Abusive | Report SPAM
mwekez@ji
#76 Posted : Wednesday, February 01, 2012 10:22:20 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Feb meeting is here and CBR is expected to be held contant for a second month after six increases last year.

However,

Quote:
The central bank is under pressure to lower interest rates to support the economy. Acting Finance Minister Robinson Githae said on Jan. 30 higher interest rates are “supposed to be a temporary measure.”

“Once the excess liquidity has been mopped we should be able to see a reduction in interest rates which is important to everybody,” Githae said.


http://www.bloomberg.com/news/2...creases-curb-prices.html
Back to top
 Report Abusive | Report SPAM
mwekez@ji
#77 Posted : Thursday, February 02, 2012 8:48:37 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
CBR maintained @18% as expected.

Holders of bank stockers be wary because MPC had the following message for you

"Private sector credit growth has declined but needs to slow down further to dampen demand-related inflation pressures."

http://www.centralbank.go.ke/do...0January%2011%202012.pdf
Back to top
 Report Abusive | Report SPAM
synergia
#78 Posted : Tuesday, March 06, 2012 4:03:23 PM
Rank: Member


Joined: 7/7/2008
Posts: 34
MPC Remains unchanged at 18 % i think this is a good move they can change it from next month

http://www.centralbank.g...%20March%206,%202012.pdf
Back to top
 Report Abusive | Report SPAM
KulaRaha
#79 Posted : Tuesday, March 06, 2012 4:05:39 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Petrol pump prices will go up this month...I wonder how they will reduce CBR next month.
Business opportunities are like buses,there's always another one coming
Back to top
 Report Abusive | Report SPAM
synergia
#80 Posted : Tuesday, March 06, 2012 4:11:09 PM
Rank: Member


Joined: 7/7/2008
Posts: 34
KulaRaha wrote:
Petrol pump prices will go up this month...I wonder how they will reduce CBR next month.


Mpigs really wanted that rate brought down and i know one way or the other they are gonna have their way with it,im even shocked that it did not happen in todays meeting.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
27 Pages«<23456>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.