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Treasury Bills Investing-Procedure?
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:holycow wrote:Nabwire wrote:And Hisah 20% by end of March? Tbills will yield 5% by the same time. Apples & Oranges? Well, to me, KCB has yielded a net of 24.33% from 29th November 2011 to 30th January 2012. Comrade CDE, Loar!! Kudos @holycow. Cash out now or you'll wait till end of Q1 - March 31st. Can u hold till end of Q1 we compare notes... I raise you 2 to 3 years hisah. Interested?
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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wow ! nice move , holycow ! i think you should take your gains now ...
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Cde Monomotapa wrote:hisah wrote:holycow wrote:Nabwire wrote:And Hisah 20% by end of March? Tbills will yield 5% by the same time. Apples & Oranges? Well, to me, KCB has yielded a net of 24.33% from 29th November 2011 to 30th January 2012. Comrade CDE, Loar!! Kudos @holycow. Cash out now or you'll wait till end of Q1 - March 31st. Can u hold till end of Q1 we compare notes... I raise you 2 to 3 years hisah. Interested? 24 - 36mths is too long to be in Tbills. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 3/31/2008 Posts: 7,081 Location: Kenya
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...what is the current interest rate(91 days)
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:Cde Monomotapa wrote:hisah wrote:holycow wrote:Nabwire wrote:And Hisah 20% by end of March? Tbills will yield 5% by the same time. Apples & Oranges? Well, to me, KCB has yielded a net of 24.33% from 29th November 2011 to 30th January 2012. Comrade CDE, Loar!! Kudos @holycow. Cash out now or you'll wait till end of Q1 - March 31st. Can u hold till end of Q1 we compare notes... I raise you 2 to 3 years hisah. Interested? 24 - 36mths is too long to be in Tbills. Why not man..I thought you find nothing of substance/good in KE's macro economy 
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@Cde - with elections ard the corner, that's biting too much risk trusting my small KES holdings with gok. A blue chip with a decent dividend would get that tbill fund. Speaking of tbills, I can see the rates are silently slipping in droplets just like inflation. The other day BD had an article on CBK warning about loom food shortage due to frost bite. Now the tbill rate or inflation rate tug of war here is going to be painful & cbr too is caught up. Btw didn't know KE has frost bite issues... Does it snow these days? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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hisah wrote:@Cde - with elections ard the corner, that's biting too much risk trusting my small KES holdings with gok. A blue chip with a decent dividend would get that tbill fund. @hisah If GOK goes down all blue chips will crumble & down with it.. GOK is the independent factor while blue chips are the dependent factor.. Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@guru I must commend you for your keen eye & position in Jubilee HL. It is only yesterday with the partial commisioning of 25MW that I learned they are involved in the 250MW Hydro Bujagali Dam in UG..Kudos..now that's how to invest Surplus & Pension funds! Enjoy.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@hisah it is well with me for us to scorch under Q1 sunshine in exchange for drenches in Q2..let the seasons play out as they should. Frost is a given - hot days, cold nites.
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Rank: Veteran Joined: 5/23/2010 Posts: 868 Location: La Islas Galápagos
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hisah wrote:@Cde - with elections ard the corner, that's biting too much risk trusting my small KES holdings with gok. A blue chip with a decent dividend would get that tbill fund.
Speaking of tbills, I can see the rates are silently slipping in droplets just like inflation. The other day BD had an article on CBK warning about loom food shortage due to frost bite. Now the tbill rate or inflation rate tug of war here is going to be painful & cbr too is caught up.
Btw didn't know KE has frost bite issues... Does it snow these days? Frost happens every year in Jan - March and September in the leeward side of the Aberdares. Morning of 2nd Jan was bad enough to kill tree seedlings, the worst in many decades, reported even in areas that do not have a frosting history. A bad day fishing is better than a good day at work
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Rank: Member Joined: 10/14/2011 Posts: 661
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guru267 wrote:hisah wrote:@Cde - with elections ard the corner, that's biting too much risk trusting my small KES holdings with gok. A blue chip with a decent dividend would get that tbill fund. @hisah If GOK goes down all blue chips will crumble & down with it.. GOK is the independent factor while blue chips are the dependent factor.. TB Rate down From 20.503 to 19.807 Variance .696
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Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi
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Thiong'o wrote:guru267 wrote:hisah wrote:@Cde - with elections ard the corner, that's biting too much risk trusting my small KES holdings with gok. A blue chip with a decent dividend would get that tbill fund. @hisah If GOK goes down all blue chips will crumble & down with it.. GOK is the independent factor while blue chips are the dependent factor.. TB Rate down From 20.503 to 19.807 Variance .696 If u have idle cash in the short term, TB investment stil remains as a better investment option and more so if ur bank is not willing to negotiate higher rates 4 th same. NSE stil n will continue 2 remain unattractive until post election BUT MOSTLY when th eurozone crises is resolved
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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KE inflation forecast by an SA bank - they expect inflation rate at single digits by Q3:2012. Let's see how it plays out as 2012 unfolds...  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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hisah wrote:KE inflation forecast by an SA bank - they expect inflation rate at single digits by Q3:2012. Let's see how it plays out as 2012 unfolds... I expect inflation to remain in double digits in 2012.
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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March-May rains maybe on the light side. Oil is under pressure from the Iran thingy. I also expect general election related money supply... I however have a bet with somebody that the inflation will be "adjusted" again. Downward ofcourse Sehemu ndio nyumba
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mainat wrote:March-May rains maybe on the light side. Oil is under pressure from the Iran thingy. I also expect general election related money supply... I however have a bet with somebody that the inflation will be "adjusted" again. Downward ofcourse BD had an article about IMF having 'issues' with the current inflation model. The same IMF that recommended a change (fudging of the model) back in Feb 2010 is now saying that their recommendation was not good enough. Absolute horse sh**
I too expect the inflation model to be 'tweaked' yet again to hide the KES devaluation as money has to be printed to fund the elections.
Inflation at single digits this year even if it rains from today till 31/12/2012 can only be achieved by fudging the inflation model again.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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Drunkard wrote:@Nabwire,
we've been in process of building a Diaspora Investment Fund that mainly invest in Kenyan Market (equity, fixed income and alternative investments) and small cap US public traded companies, even though the fund is structured such that it is a closed fund( investment by invitation), We envision more Kenyans in Diaspora starting structure that will facilitate investments for all! what to do to get an invite? Foresight..
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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Simplified wrote:@erifloss,impunity et al
Was looking for info on how to purchase t-bills without the hustle of going to cbk (for special cds a/c opening & filling in the forms) since I work far from town. Found a solution with cfc stanbic, all I need to do is open an account with them and request them to purchase the t-bills for me,the money gets debited from my account. They charge a commission of 0.139% they say. Anyone using them? so Coop robs me with 1%? Foresight..
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Rank: Member Joined: 11/24/2011 Posts: 833
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[quote=Nabwire]Hisah unfortunately, I am not based in Kenya and the NSE has very limited info BUT I am going to buy KK, KCB & Kengen. Just looking at it from a contrarian investing point of view, these stocks should have decent returns.Granted the NYSE has a more fluid/ greater turnover than the NSE so I realize it could be harder to get decent returns in a short time.Hisah you are a trader, so our time frames are different plus you know the entry/ exit points, alot of your followers dont, lets wait and see. In other news http://seekingalpha.com/...of-america?source=yahoo
http://seekingalpha.com/...of-america?source=yahoo[/quote] @Nabwire it is now the end of March, how well did you do with these shares?
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Its not end of March yet, a week is an eternity in the stock market. Anyhow, Bank of America is now trading at $9.85, I forget how much it was trading at at that time, I think thats when it was sub $5 right?? Anyways it has given me great capital gains yet we are only getting started. I sold of my stake in Moneygram and instead bought Fannie Freddie. Eastman Kodak is trading OTC, not much action expected from it until after the lawsuits are settled. On the other hand, how are the Treasury bills' rates? I dont hear much chest thumping anymore so im guessing the rates adjusted downwards?
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