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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Palipo na moshi http://www.businessdaily...010732-46gos4/index.html HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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[quote=obiero]Palipo na moshi http://www.businessdaily...10732-46gos4/index.html[/quote] Let panic reign so that we buy cheap.The foreigners will definitely sell in huge volumes.And i will be happy to buy cheap. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,641 Location: NAIROBI
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That's an article by Renaissance capital.The time of panic already passed and with talk that the interest rates cap may be reviewed in the next parliament. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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Assuming the theory that price reflects information available: Then is the current KCB price fully reflecting? 1) Effects from possible purchase of NBK 2) Effects of Interest rate capping 3) Effects of poor first half results 4) Election jitters
Seems to me that Simba is riding these effects well...so far.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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winston wrote:Assuming the theory that price reflects information available: Then is the current KCB price fully reflecting? 1) Effects from possible purchase of NBK 2) Effects of Interest rate capping 3) Effects of poor first half results 4) Election jitters
Seems to me that Simba is riding these effects well...so far. 1.CMA halted the downtrend when they issued a statement denying the same. 2.The price passed this last year imediately when the new law was signed.It traded at 23-24. 3.Half year results are not yet out.Unless those traders with insider knowledge. 4.Election jitters have refused to affect results in almost all the market.Most counters are up. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,641 Location: NAIROBI
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[quote=obiero]Palipo na moshi http://www.businessdaily...10732-46gos4/index.html[/quote] For now nothing can happen till after elections Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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Ebenyo wrote:winston wrote:Assuming the theory that price reflects information available: Then is the current KCB price fully reflecting? 1) Effects from possible purchase of NBK 2) Effects of Interest rate capping 3) Effects of poor first half results 4) Election jitters
Seems to me that Simba is riding these effects well...so far. 1.CMA halted the downtrend when they issued a statement denying the same. 2.The price passed this last year imediately when the new law was signed.It traded at 23-24. 3.Half year results are not yet out.Unless those traders with insider knowledge. 4.Election jitters have refused to affect results in almost all the market.Most counters are up. Perhaps the exchange bar can help with H1 projections whose announcements should be around 1st/2nd week of August It seems strange that Mr market is unaffected by market jitters...
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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winston wrote:Ebenyo wrote:winston wrote:Assuming the theory that price reflects information available: Then is the current KCB price fully reflecting? 1) Effects from possible purchase of NBK 2) Effects of Interest rate capping 3) Effects of poor first half results 4) Election jitters
Seems to me that Simba is riding these effects well...so far. 1.CMA halted the downtrend when they issued a statement denying the same. 2.The price passed this last year imediately when the new law was signed.It traded at 23-24. 3.Half year results are not yet out.Unless those traders with insider knowledge. 4.Election jitters have refused to affect results in almost all the market.Most counters are up. Perhaps the exchange bar can help with H1 projections whose announcements should be around 1st/2nd week of August It seems strange that Mr market is unaffected by market jitters... im also wondering why election jitters have refused to affect the market.I was waiting to pounce but have not succeeded yet.It could be a ploy by market makers.Lets see how the market behaves after election assuming its settled peacefully. Towards the goal of financial freedom
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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Ebenyo wrote:winston wrote:Ebenyo wrote:winston wrote:Assuming the theory that price reflects information available: Then is the current KCB price fully reflecting? 1) Effects from possible purchase of NBK 2) Effects of Interest rate capping 3) Effects of poor first half results 4) Election jitters
Seems to me that Simba is riding these effects well...so far. 1.CMA halted the downtrend when they issued a statement denying the same. 2.The price passed this last year imediately when the new law was signed.It traded at 23-24. 3.Half year results are not yet out.Unless those traders with insider knowledge. 4.Election jitters have refused to affect results in almost all the market.Most counters are up. Perhaps the exchange bar can help with H1 projections whose announcements should be around 1st/2nd week of August It seems strange that Mr market is unaffected by market jitters... im also wondering why election jitters have refused to affect the market.I was waiting to pounce but have not succeeded yet.It could be a ploy by market makers.Lets see how the market behaves after election assuming its settled peacefully. Hii maneno,the chiefs and elders of the forum can help....most certainly they've been through these motions before. Never lose your position in a bull market,BTFD.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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mamilli wrote:Ebenyo wrote:winston wrote:Ebenyo wrote:winston wrote:Assuming the theory that price reflects information available: Then is the current KCB price fully reflecting? 1) Effects from possible purchase of NBK 2) Effects of Interest rate capping 3) Effects of poor first half results 4) Election jitters
Seems to me that Simba is riding these effects well...so far. 1.CMA halted the downtrend when they issued a statement denying the same. 2.The price passed this last year imediately when the new law was signed.It traded at 23-24. 3.Half year results are not yet out.Unless those traders with insider knowledge. 4.Election jitters have refused to affect results in almost all the market.Most counters are up. Perhaps the exchange bar can help with H1 projections whose announcements should be around 1st/2nd week of August It seems strange that Mr market is unaffected by market jitters... im also wondering why election jitters have refused to affect the market.I was waiting to pounce but have not succeeded yet.It could be a ploy by market makers.Lets see how the market behaves after election assuming its settled peacefully. Hii maneno,the chiefs and elders of the forum can help....most certainly they've been through these motions before. Going back,NSE started in 1954.Kenya attained independence in 1963.There were general elections in 1962,1969,1974,1979,1983,1988,1992,1997,2002,2007,2013. How did NSE performed shortly before and after those elections? Out of those elections,its only 2007 that was hit with violence. This site was probably created in 2005 or 2006? as stocks kenya? if its so,then we might have guys with clues on what happened shortly before and after 2007 and 2013. @Vvs,@pesa nane,@obiero,@ericson might have some insight and will they probably share with the johnnie come lately like us? According to my little knowledge gathered here,my opinion is that this thing has been caused by market makers.Because everybody was expecting the price to fall,they decided to hoodwink everyone so that they will reap shortly after elections.They decided to work the price up so that shortly after elections they sell. Towards the goal of financial freedom
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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Perhaps the profile of the stock market investor has changed from those days when 'risk averse' investors (such as foreigners) were dominant and took to flight at election time. But we now have 'risk seekers' investors (locals) being dominant... sticking in through the elections.
Anyone with stats on the market composition between foreigners and locals?
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Rank: Veteran Joined: 11/13/2015 Posts: 1,569
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Ebenyo wrote:
Going back,NSE started in 1954.Kenya attained independence in 1963.There were general elections in 1962,1969,1974,1979,1983,1988,1992,1997,2002,2007,2013. How did NSE performed shortly before and after those elections? Out of those elections,its only 2007 that was hit with violence. This site was probably created in 2005 or 2006? as stocks kenya? if its so,then we might have guys with clues on what happened shortly before and after 2007 and 2013. @Vvs,@pesa nane,@obiero,@ericson might have some insight and will they probably share with the johnnie come lately like us? According to my little knowledge gathered here,my opinion is that this thing has been caused by market makers.Because everybody was expecting the price to fall,they decided to hoodwink everyone so that they will reap shortly after elections.They decided to work the price up so that shortly after elections they sell.
I did some research and NSE is quite a barometer of the social mood. The NSE index was calculated from 1966 starting at 100 From 1956-1961 share prices collapsed losing half their value. Reason political change of regime. From 1966-1979 the NSE did not perform well. It was largely flat. Very little trading activity took place especially from 1974-1979. Reason: 1. To stop capital flight the market was controlled by Capital Issues Committee a bunch of bureaucrats that approved any listings. 2.Capital gains tax killed the market very little trading took place. 3. Change of political regime saw the index end on a high note of 416 in 1979 From 1980-1984 impact of high oil prices saw index fall to 349 in 1983. Market was flat in 1984 moving only 383 to 386 due to impact of drought, capital gains From 1985 there were reforms which abolished the Capital Issues Committee(these idiots took 6 years to approve BBK IPO), capital gains were removed. In 1988 the index moved from 732-856. Voter apathy Bull run in 1990-91 In 1992 the index rallied from 954-1246 in anticipation of regime change.The index collapsed to 1165 in January 1993 before starting a parabolic climb to 5400 Reasons 1. the runaway inflation run. 2. Loosening of exchange controls coming of foreign investors 3. Economic reforms SAPS privatization and liberalization In 1997 the index moved from 3476-3115. The index went down all the way to almost 1000 in August 2002 -Reasons slow-down in economic reforms, constitutional reforms, succession politics In 2003 index took off after regime change to 6000 before retreating shortly before the 2007 polls. In 2008 the index collapsed due to PEV and GFC crisis. At some point during PEV trading was halted. I hope that helps.
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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wukan wrote:Ebenyo wrote:
Going back,NSE started in 1954.Kenya attained independence in 1963.There were general elections in 1962,1969,1974,1979,1983,1988,1992,1997,2002,2007,2013. How did NSE performed shortly before and after those elections? Out of those elections,its only 2007 that was hit with violence. This site was probably created in 2005 or 2006? as stocks kenya? if its so,then we might have guys with clues on what happened shortly before and after 2007 and 2013. @Vvs,@pesa nane,@obiero,@ericson might have some insight and will they probably share with the johnnie come lately like us? According to my little knowledge gathered here,my opinion is that this thing has been caused by market makers.Because everybody was expecting the price to fall,they decided to hoodwink everyone so that they will reap shortly after elections.They decided to work the price up so that shortly after elections they sell.
I did some research and NSE is quite a barometer of the social mood. The NSE index was calculated from 1966 starting at 100 From 1956-1961 share prices collapsed losing half their value. Reason political change of regime. From 1966-1979 the NSE did not perform well. It was largely flat. Very little trading activity took place especially from 1974-1979. Reason: 1. To stop capital flight the market was controlled by Capital Issues Committee a bunch of bureaucrats that approved any listings. 2.Capital gains tax killed the market very little trading took place. 3. Change of political regime saw the index end on a high note of 416 in 1979 From 1980-1984 impact of high oil prices saw index fall to 349 in 1983. Market was flat in 1984 moving only 383 to 386 due to impact of drought, capital gains From 1985 there were reforms which abolished the Capital Issues Committee(these idiots took 6 years to approve BBK IPO), capital gains were removed. In 1988 the index moved from 732-856. Voter apathy Bull run in 1990-91 In 1992 the index rallied from 954-1246 in anticipation of regime change.The index collapsed to 1165 in January 1993 before starting a parabolic climb to 5400 Reasons 1. the runaway inflation run. 2. Loosening of exchange controls coming of foreign investors 3. Economic reforms SAPS privatization and liberalization In 1997 the index moved from 3476-3115. The index went down all the way to almost 1000 in August 2002 -Reasons slow-down in economic reforms, constitutional reforms, succession politics In 2003 index took off after regime change to 6000 before retreating shortly before the 2007 polls. In 2008 the index collapsed due to PEV and GFC crisis. At some point during PEV trading was halted. I hope that helps. Thats quite some digging....barikiwa.Always good to know where one is coming from(the past) Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Ebenyo wrote:mamilli wrote:Ebenyo wrote:winston wrote:Ebenyo wrote:winston wrote:Assuming the theory that price reflects information available: Then is the current KCB price fully reflecting? 1) Effects from possible purchase of NBK 2) Effects of Interest rate capping 3) Effects of poor first half results 4) Election jitters
Seems to me that Simba is riding these effects well...so far. 1.CMA halted the downtrend when they issued a statement denying the same. 2.The price passed this last year imediately when the new law was signed.It traded at 23-24. 3.Half year results are not yet out.Unless those traders with insider knowledge. 4.Election jitters have refused to affect results in almost all the market.Most counters are up. Perhaps the exchange bar can help with H1 projections whose announcements should be around 1st/2nd week of August It seems strange that Mr market is unaffected by market jitters... im also wondering why election jitters have refused to affect the market.I was waiting to pounce but have not succeeded yet.It could be a ploy by market makers.Lets see how the market behaves after election assuming its settled peacefully. Hii maneno,the chiefs and elders of the forum can help....most certainly they've been through these motions before. Going back,NSE started in 1954.Kenya attained independence in 1963.There were general elections in 1962,1969,1974,1979,1983,1988,1992,1997,2002,2007,2013. How did NSE performed shortly before and after those elections? Out of those elections,its only 2007 that was hit with violence. This site was probably created in 2005 or 2006? as stocks kenya? if its so,then we might have guys with clues on what happened shortly before and after 2007 and 2013. @Vvs,@pesa nane,@obiero,@ericson might have some insight and will they probably share with the johnnie come lately like us? According to my little knowledge gathered here,my opinion is that this thing has been caused by market makers.Because everybody was expecting the price to fall,they decided to hoodwink everyone so that they will reap shortly after elections.They decided to work the price up so that shortly after elections they sell. H1 forecast by the exchange bar already released www.winda.co.ke HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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@obiero...thanks will check the forecasts out
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Rank: Elder Joined: 12/4/2009 Posts: 10,641 Location: NAIROBI
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When the interest rates cap law is repealed or reviewed share price shouldn't be trading at less than 80. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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wukan wrote:Ebenyo wrote:
Going back,NSE started in 1954.Kenya attained independence in 1963.There were general elections in 1962,1969,1974,1979,1983,1988,1992,1997,2002,2007,2013. How did NSE performed shortly before and after those elections? Out of those elections,its only 2007 that was hit with violence. This site was probably created in 2005 or 2006? as stocks kenya? if its so,then we might have guys with clues on what happened shortly before and after 2007 and 2013. @Vvs,@pesa nane,@obiero,@ericson might have some insight and will they probably share with the johnnie come lately like us? According to my little knowledge gathered here,my opinion is that this thing has been caused by market makers.Because everybody was expecting the price to fall,they decided to hoodwink everyone so that they will reap shortly after elections.They decided to work the price up so that shortly after elections they sell.
I did some research and NSE is quite a barometer of the social mood. The NSE index was calculated from 1966 starting at 100 From 1956-1961 share prices collapsed losing half their value. Reason political change of regime. From 1966-1979 the NSE did not perform well. It was largely flat. Very little trading activity took place especially from 1974-1979. Reason: 1. To stop capital flight the market was controlled by Capital Issues Committee a bunch of bureaucrats that approved any listings. 2.Capital gains tax killed the market very little trading took place. 3. Change of political regime saw the index end on a high note of 416 in 1979 From 1980-1984 impact of high oil prices saw index fall to 349 in 1983. Market was flat in 1984 moving only 383 to 386 due to impact of drought, capital gains From 1985 there were reforms which abolished the Capital Issues Committee(these idiots took 6 years to approve BBK IPO), capital gains were removed. In 1988 the index moved from 732-856. Voter apathy Bull run in 1990-91 In 1992 the index rallied from 954-1246 in anticipation of regime change.The index collapsed to 1165 in January 1993 before starting a parabolic climb to 5400 Reasons 1. the runaway inflation run. 2. Loosening of exchange controls coming of foreign investors 3. Economic reforms SAPS privatization and liberalization In 1997 the index moved from 3476-3115. The index went down all the way to almost 1000 in August 2002 -Reasons slow-down in economic reforms, constitutional reforms, succession politics In 2003 index took off after regime change to 6000 before retreating shortly before the 2007 polls. In 2008 the index collapsed due to PEV and GFC crisis. At some point during PEV trading was halted. I hope that helps. Thanks for the dip digging.The big factor in those early years appears to be NSE was dominated by foreigners.These contributed to heavy volatility due to panic.Now it seems we locals are the majority and thats why the nse index has not fallen this pre election.I think thats the answer to our query. I also tried to dig into the history of kcb.It started as National bank of india in 1896 with a branch in mombasa.It later merged with Grindlay bank to become National and Grindlay bank.In 1970,kenya government bought 60% stake and renamed it kenya commercial bank.it later acquired the remaining 40% and govt took control of it. In 1988 the govt sold out 20% stake to the public through IPO at a price of kshs 20.since then the govt has reduced its stake to non controling 17% through various rigths issues. Towards the goal of financial freedom
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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Ebenyo wrote:wukan wrote:Ebenyo wrote:
Going back,NSE started in 1954.Kenya attained independence in 1963.There were general elections in 1962,1969,1974,1979,1983,1988,1992,1997,2002,2007,2013. How did NSE performed shortly before and after those elections? Out of those elections,its only 2007 that was hit with violence. This site was probably created in 2005 or 2006? as stocks kenya? if its so,then we might have guys with clues on what happened shortly before and after 2007 and 2013. @Vvs,@pesa nane,@obiero,@ericson might have some insight and will they probably share with the johnnie come lately like us? According to my little knowledge gathered here,my opinion is that this thing has been caused by market makers.Because everybody was expecting the price to fall,they decided to hoodwink everyone so that they will reap shortly after elections.They decided to work the price up so that shortly after elections they sell.
I did some research and NSE is quite a barometer of the social mood. The NSE index was calculated from 1966 starting at 100 From 1956-1961 share prices collapsed losing half their value. Reason political change of regime. From 1966-1979 the NSE did not perform well. It was largely flat. Very little trading activity took place especially from 1974-1979. Reason: 1. To stop capital flight the market was controlled by Capital Issues Committee a bunch of bureaucrats that approved any listings. 2.Capital gains tax killed the market very little trading took place. 3. Change of political regime saw the index end on a high note of 416 in 1979 From 1980-1984 impact of high oil prices saw index fall to 349 in 1983. Market was flat in 1984 moving only 383 to 386 due to impact of drought, capital gains From 1985 there were reforms which abolished the Capital Issues Committee(these idiots took 6 years to approve BBK IPO), capital gains were removed. In 1988 the index moved from 732-856. Voter apathy Bull run in 1990-91 In 1992 the index rallied from 954-1246 in anticipation of regime change.The index collapsed to 1165 in January 1993 before starting a parabolic climb to 5400 Reasons 1. the runaway inflation run. 2. Loosening of exchange controls coming of foreign investors 3. Economic reforms SAPS privatization and liberalization In 1997 the index moved from 3476-3115. The index went down all the way to almost 1000 in August 2002 -Reasons slow-down in economic reforms, constitutional reforms, succession politics In 2003 index took off after regime change to 6000 before retreating shortly before the 2007 polls. In 2008 the index collapsed due to PEV and GFC crisis. At some point during PEV trading was halted. I hope that helps. Thanks for the dip digging.The big factor in those early years appears to be NSE was dominated by foreigners.These contributed to heavy volatility due to panic.Now it seems we locals are the majority and thats why the nse index has not fallen this pre election.I think thats the answer to our query. I also tried to dig into the history of kcb.It started as National bank of india in 1896 with a branch in mombasa.It later merged with Grindlay bank to become National and Grindlay bank.In 1970,kenya government bought 60% stake and renamed it kenya commercial bank.it later acquired the remaining 40% and govt took control of it. In 1988 the govt sold out 20% stake to the public through IPO at a price of kshs 20.since then the govt has reduced its stake to non controling 17% through various rigths issues. @wukan and @ebenyo...thanks
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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winston wrote:@obiero...thanks will check the forecasts out @obiero...tried registering into www.winda.co.ke but not able too...system not responding
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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@Obiero Winda.co.ke is a great idea, but as with everything, presentation is key. I am offering to style your site and boost user experience thus enabling winda.co.ke to make a lasting impression. I am representing http://distinctive.co.ke/. Talk to us. Should you decide to, say that Moses referred you.
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