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Rank: Elder Joined: 6/23/2009 Posts: 14,323 Location: nairobi
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mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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obiero wrote:mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others The storm is gaining strength going by this previous readings.
http://www.businessdaily...6/-/3db7pm/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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hisah wrote:obiero wrote:mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others The storm is gaining strength going by this previous readings.
http://www.businessdaily...6/-/3db7pm/-/index.html
are you trying to suggest that the CGT imlementation is affecting the current at the bourse.... I beg to differ we are being charged a percentage of the gains which is far much lower as compared to the brockerage fee which is subjected to the overall amount transacted African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sober wrote:hisah wrote:obiero wrote:mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others The storm is gaining strength going by this previous readings.
http://www.businessdaily...6/-/3db7pm/-/index.html
are you trying to suggest that the CGT implementation is affecting the current at the bourse.... I beg to differ we are being charged a percentage of the gains which is far much lower as compared to the brockerage fee which is subjected to the overall amount transacted. The link I posted has nothing to do with CGT. If you opened the link you'd have seen the article was discussing the 2014 dismal econ performance. Storm in this case refers to the bull barriers lining up in the market due to the expected subpar performance by several companies if the econ extends this trend in 2015.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 14,323 Location: nairobi
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hisah wrote:Sober wrote:hisah wrote:obiero wrote:mlennyma wrote:obiero wrote:out of 62 listed firms 13 are already in trouble.. is the economy really growing?? mismanagement and corruption doesn't know economic growth banks will eventually take a hit. they cannot sustain their growth at the expense of all others The storm is gaining strength going by this previous readings.
http://www.businessdaily...6/-/3db7pm/-/index.html
are you trying to suggest that the CGT implementation is affecting the current at the bourse.... I beg to differ we are being charged a percentage of the gains which is far much lower as compared to the brockerage fee which is subjected to the overall amount transacted. The link I posted has nothing to do with CGT. If you opened the link you'd have seen the article was discussing the 2014 dismal econ performance. Storm in this case refers to the bull barriers lining up in the market due to the expected subpar performance by several companies if the econ extends this trend in 2015.
True. Even the banks will come to a crawl. If economy shrinks, manufacturing costs rise, production slows, profits dip, job lost, loans defaulted, deposits fade, insecurity rises.. Its not looking good at all COOP, IMH, KEGN, KQ, MTNU
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Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru
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Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? "..I am because we are. "― Ubuntu, Umtu,
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Rank: Elder Joined: 6/23/2009 Posts: 14,323 Location: nairobi
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GGK wrote:Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? Alot has changed since April. The governor checked into office, dollar hammered the shilling to plus 100, the 91 day Tbill is now approaching 18bob and Mumias today released a profit warning COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:GGK wrote:Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? Alot has changed since April. The governor checked into office, dollar hammered the shilling to plus 100, the 91 day Tbill is now approaching 18bob and Mumias today released a profit warning  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 14,323 Location: nairobi
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Pesa Nane wrote:obiero wrote:GGK wrote:Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? Alot has changed since April. The governor checked into office, dollar hammered the shilling to plus 100, the 91 day Tbill is now approaching 18bob and Mumias today released a profit warning Hehe. Wacha kunifact check haraka.. Give it two weeks uone :) COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:Pesa Nane wrote:obiero wrote:GGK wrote:Add inflation and weakening Kenya shilling into the fray and you have recipe for disaster. We could be heading to stormy waters. And when are getting the new Governor at CBK? Alot has changed since April. The governor checked into office, dollar hammered the shilling to plus 100, the 91 day Tbill is now approaching 18bob and Mumias today released a profit warning Hehe. Wacha kunifact check haraka.. Give it two weeks uone :) 18 bob? 18%?? Anyway, I passed all those shabby 12-15% corporate bonds, now patiently awaiting your 18-20%  GOK bonds / T-Bills (esp. the tax efficient infrastructure bond) Pesa Nane plans to be shilingi when he grows up.
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