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NIC Group FY17
heri
#61 Posted : Wednesday, November 21, 2018 10:37:48 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Ericsson wrote:
NIC Bank caught again in dubious firms;

https://www.businessdail...59858-vlrpsc/index.html
"The fashion retailer’s creditors include NIC Bank and UBA Kenya Bank Limited, owed Sh524.8 million and Sh98.3 million respectively as of December 2017."


This share is seriously causing me nightmares . I am 40% down
wukan
#62 Posted : Wednesday, November 21, 2018 10:59:43 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
heri wrote:
Ericsson wrote:
NIC Bank caught again in dubious firms;

https://www.businessdail...59858-vlrpsc/index.html
"The fashion retailer’s creditors include NIC Bank and UBA Kenya Bank Limited, owed Sh524.8 million and Sh98.3 million respectively as of December 2017."


This share is seriously causing me nightmares . I am 40% down


The technical chart shows it forming a trough at around 14-16/- Another overpaid CEO burning shareholders to recognition. Lakini usikode nani...bora uhaismile
heri
#63 Posted : Wednesday, November 21, 2018 11:07:37 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
wukan wrote:
heri wrote:
Ericsson wrote:
NIC Bank caught again in dubious firms;

https://www.businessdail...59858-vlrpsc/index.html
"The fashion retailer’s creditors include NIC Bank and UBA Kenya Bank Limited, owed Sh524.8 million and Sh98.3 million respectively as of December 2017."


This share is seriously causing me nightmares . I am 40% down


The technical chart shows it forming a trough at around 14-16/- Another overpaid CEO burning shareholders to recognition. Lakini usikode nani...bora uhaismile


wow. lazima nikode bwana

In other words your charts are telling me to take a 40% loss and invest elsewhere
obiero
#64 Posted : Wednesday, November 21, 2018 11:19:33 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
heri wrote:
wukan wrote:
heri wrote:
Ericsson wrote:
NIC Bank caught again in dubious firms;

https://www.businessdail...59858-vlrpsc/index.html
"The fashion retailer’s creditors include NIC Bank and UBA Kenya Bank Limited, owed Sh524.8 million and Sh98.3 million respectively as of December 2017."


This share is seriously causing me nightmares . I am 40% down


The technical chart shows it forming a trough at around 14-16/- Another overpaid CEO burning shareholders to recognition. Lakini usikode nani...bora uhaismile


wow. lazima nikode bwana

In other words your charts are telling me to take a 40% loss and invest elsewhere

We are at the tip of an iceberg. What is happening at NIC is not interesting. Look at yasserbigchair list of stocks to sell for direction

KQ ABP 4.26
Angelica _ann
#65 Posted : Wednesday, November 21, 2018 11:24:49 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Thank goodness i was broke//had another project around the rights issue time and i sold & moved on – more of luck @70 bob. I remember we were with @mlennyma in this share, then. I was a great fan of this share, but then now looking back, that was an escape. d'oh! d'oh! d'oh!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
muandiwambeu
#66 Posted : Wednesday, November 21, 2018 11:58:54 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
obiero wrote:
heri wrote:
wukan wrote:
heri wrote:
Ericsson wrote:
NIC Bank caught again in dubious firms;

https://www.businessdail...59858-vlrpsc/index.html
"The fashion retailer’s creditors include NIC Bank and UBA Kenya Bank Limited, owed Sh524.8 million and Sh98.3 million respectively as of December 2017."


This share is seriously causing me nightmares . I am 40% down


The technical chart shows it forming a trough at around 14-16/- Another overpaid CEO burning shareholders to recognition. Lakini usikode nani...bora uhaismile


wow. lazima nikode bwana

In other words your charts are telling me to take a 40% loss and invest elsewhere

We are at the tip of an iceberg. What is happening at NIC is not interesting. Look at yasserbigchair list of stocks to sell for direction

Mademons have camped in this house. Even a blind for sure will make a hit. Let's list the hits that scored a ball...
Tsss was is 4binions
KQueer, was it 0.4binions
Dic-a-coin ety 0.5 beans. They must be very full and expectant.
Am waiting for you on the delivery room when the labour sets in.
Very many juicy bonuses with no cash. Now, the chums are gonna take a flight. Mbea niukumia mathagu,,🦅
,Behold, a sower went forth to sow;....
VituVingiSana
#67 Posted : Wednesday, November 21, 2018 12:15:19 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
wukan wrote:
heri wrote:
Ericsson wrote:
NIC Bank caught again in dubious firms;

https://www.businessdail...59858-vlrpsc/index.html
"The fashion retailer’s creditors include NIC Bank and UBA Kenya Bank Limited, owed Sh524.8 million and Sh98.3 million respectively as of December 2017."

This share is seriously causing me nightmares . I am 40% down

The technical chart shows it forming a trough at around 14-16/- Another overpaid CEO burning shareholders to recognition. Lakini usikode nani...bora uhaismile
Another overpaid CEO. These guys have no shame. I am glad I soured on NIC courtesy of how the Ndegwas treated us in Unga. I would added more NIC shares when prices tanked but I stayed away.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
lochaz-index
#68 Posted : Wednesday, November 21, 2018 12:15:42 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
heri wrote:
wukan wrote:
heri wrote:
Ericsson wrote:
NIC Bank caught again in dubious firms;

https://www.businessdail...59858-vlrpsc/index.html
"The fashion retailer’s creditors include NIC Bank and UBA Kenya Bank Limited, owed Sh524.8 million and Sh98.3 million respectively as of December 2017."


This share is seriously causing me nightmares . I am 40% down


The technical chart shows it forming a trough at around 14-16/- Another overpaid CEO burning shareholders to recognition. Lakini usikode nani...bora uhaismile


wow. lazima nikode bwana

In other words your charts are telling me to take a 40% loss and invest elsewhere

High positive beta stock (very tight correlation with the market) aka not a good counter to be holding during a bear/winter season. If you think the market has bottomed out you can hold on but if not, cut your losses and run.
The main purpose of the stock market is to make fools of as many people as possible.
Ericsson
#69 Posted : Wednesday, December 05, 2018 11:36:31 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Counter heading towards sub 20 as bad loans weigh heavily
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
the deal
#70 Posted : Wednesday, December 05, 2018 1:22:02 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Ericsson wrote:
Counter heading towards sub 20 as bad loans weigh heavily

Falling on heavy volumes... Stop losses being triggered #capitulation
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