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KCB buy buy buy
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Othelo
#421 Posted : Tuesday, July 12, 2016 12:33:49 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
obiero wrote:
mlennyma wrote:
Sufficiently Philanga....thropic wrote:
Any info?
supply is scaryPray

the whole market is scary,you buy today thinking you got the best price only to wakeup tomorrow and find your "Ninii "bleeding

South Sudi

Very volatile investment environment!!!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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sizzla
#422 Posted : Tuesday, July 12, 2016 12:39:10 PM
Rank: Member

Joined: 6/10/2006
Posts: 201
Location: Nairobi
10 branches in South Sudan is a big hit...or miss
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Ericsson
#423 Posted : Tuesday, July 12, 2016 12:42:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
South Sudan should be further split into two;
One country headed by Salva Kiir and his militias and the other headed by Riek Machar and his militias.
Seems this is a forced marriage for two people who don't want to share same bed
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#424 Posted : Tuesday, July 12, 2016 12:43:51 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
sizzla wrote:
10 branches in South Sudan is a big hit...or miss

and you know the gava of s.sudan is broke which is supposed to spend much,how are this banks surviving there
"Don't let the fear of losing be greater than the excitement of winning."
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  | | Edit by user: Tuesday, July 12, 2016 12:54 PM | Reason: Not specified
Ebenyo
#425 Posted : Tuesday, July 12, 2016 12:48:47 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
VituVingiSana wrote:
So the money to pay the contractors is finally in.
http://www.businessdaily...2/-/iklm8z/-/index.html

How will KCB account for the NPLs that were shown but not provided for in March? And it seems they remained outstanding at the end of June?

How SHOULD a bank like KCB account for such NPLs that have crossed both the 90 and 180 day mark?


The NPLs as at 31st dec 2015 were kshs 23,477,475,000.The LLP was kshs 11,292,003,000.
At 31st march 2016,the NPLs increased to kshs 30,436,873,000
The LLP also increased to kshs 12,603,423,000.
This means the increase of the NPL of kshs 6,959,398,000 was provided with an LLP of kshs 688,580,000.
If this article is true,the NPL of kshs 6,959,398,000 will now be cleared.But since Q2 is over,this will reflect in Q3 results.
The best way they will account for this NPLs is through LLP which they have done.The other ways are blacklisting in crb and auction.


Towards the goal of financial freedom
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  | | Edit by user: Tuesday, July 12, 2016 1:13 PM | Reason: Not specified
watesh
#426 Posted : Tuesday, July 12, 2016 1:55:44 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
mlennyma wrote:
sizzla wrote:
10 branches in South Sudan is a big hit...or miss

and you know the gava of s.sudan is broke which is supposed to spend much,how are this banks surviving there

I think banking NGOs is the way to survive in this country for banks, Sudanese pound will be run down in value further with all these conflicts.
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instinct
#427 Posted : Tuesday, July 12, 2016 11:09:58 PM
Rank: Member

Joined: 8/17/2007
Posts: 294
hisah wrote:
From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal.


this has come to pass. what is the TA perspective saying now?
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hisah
#428 Posted : Wednesday, July 13, 2016 10:50:53 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
instinct wrote:
hisah wrote:
From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal.


this has come to pass. what is the TA perspective saying now?

27 then 23-25 cluster. But down there a lot of buying pressure will definitely come in since this will be extreme oversell levels.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ericsson
#429 Posted : Wednesday, July 13, 2016 12:50:41 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Counter recouping some losses today.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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karasinga
#430 Posted : Wednesday, July 13, 2016 10:36:27 PM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
hisah wrote:
instinct wrote:
hisah wrote:
From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal.


this has come to pass. what is the TA perspective saying now?

27 then 23-25 cluster. But down there a lot of buying pressure will definitely come in since this will be extreme oversell levels.

http://www.wazua.co.ke/f...osts&t=33803&p=7
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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