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heri		#61 Posted : Wednesday, November 21, 2018 10:37:48 AM
Rank: Member Joined: 9/14/2011 Posts: 864 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
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wukan		#62 Posted : Wednesday, November 21, 2018 10:59:43 AM
Rank: Veteran Joined: 11/13/2015 Posts: 1,633		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 uhai
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heri		#63 Posted : Wednesday, November 21, 2018 11:07:37 AM
Rank: Member Joined: 9/14/2011 Posts: 864 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 uhai wow. lazima nikode bwana In other words your charts are telling me to take a 40% loss and invest elsewhere
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obiero		#64 Posted : Wednesday, November 21, 2018 11:19:33 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,064 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 uhai 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
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Angelica _ann		#65 Posted : Wednesday, November 21, 2018 11:24:49 AM
Rank: Elder Joined: 12/7/2012 Posts: 11,929		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. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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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 uhai 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;....
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VituVingiSana		#67 Posted : Wednesday, November 21, 2018 12:15:19 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,293 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 uhai 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*
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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 uhai 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.
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Ericsson		#69 Posted : Wednesday, December 05, 2018 11:36:31 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI		Counter heading towards sub 20 as bad loans weigh heavily Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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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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obiero		#71 Posted : Wednesday, December 05, 2018 3:04:04 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,064 Location: nairobi		the deal wrote: Ericsson wrote: Counter heading towards sub 20 as bad loans weigh heavily Falling on heavy volumes... Stop losses being triggered #capitulation A terrible and sad turn of events but one that I had pointed out years ago KQ ABP 4.26
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mwekez@ji		#72 Posted : Wednesday, December 05, 2018 7:01:52 PM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		Ericsson wrote: Counter heading towards sub 20 as bad loans weigh heavily The NPL ratio of 13.3% is within the industry average. It's being 13% all year so why the fuss now. Me think its still Cytonn selling to cover their cash flow issues
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Angelica _ann		#73 Posted : Wednesday, December 05, 2018 7:20:35 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,929		mwekez@ji wrote: Ericsson wrote: Counter heading towards sub 20 as bad loans weigh heavily The NPL ratio of 13.3% is within the industry average. It's being 13% all year so why the fuss now. Me think its still Cytonn selling to cover their cash flow issues Good observation/input, now let us wait for right of reply In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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lochaz-index		#74 Posted : Wednesday, December 05, 2018 7:42:54 PM
Rank: Veteran Joined: 9/18/2014 Posts: 1,127		mwekez@ji wrote: Ericsson wrote: Counter heading towards sub 20 as bad loans weigh heavily The NPL ratio of 13.3% is within the industry average. It's being 13% all year so why the fuss now. Me think its still Cytonn selling to cover their cash flow issues On the same note, how many local institutional investors are likely to liquidate their holdings due to pressing cash obligations as the economy deteriorates and GoK continues to gobble up most of the available credit? Any figures from 2015 onwards? That should be an interesting trend to consider. The main purpose of the stock market is to make fools of as many people as possible.
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VituVingiSana		#75 Posted : Thursday, December 06, 2018 11:33:20 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,293 Location: Nairobi		Ericsson wrote: mlennyma wrote: obiero 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 thing is on Yassers list what was the collateral?sack someone if the business was part of security Another vvs holding Yes, I own some NIC (unknown what will happen) Also KK (Takeover pending) Also Unga (Seaboard might try again) Also ARM (sale in the works but I may break-even at best) And some Centum too! Nabo Capital's Pius Mugo said the best performers since 2013 were: #5 - NSE #4 - Unga [Core] #3 - KK [Core] #2 - Safaricom [Missed out on the huge bull run] #1 - Kakuzi [Tier 3 but sold recently] #3 if it goes through will wash away my sins #4 could still happen Bought some #2 at sub-25 but I can wait. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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obiero		#76 Posted : Friday, December 07, 2018 5:45:11 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,064 Location: nairobi		VituVingiSana wrote: Ericsson wrote: mlennyma wrote: obiero 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 thing is on Yassers list what was the collateral?sack someone if the business was part of security Another vvs holding Yes, I own some NIC (unknown what will happen) Also KK (Takeover pending) Also Unga (Seaboard might try again) Also ARM (sale in the works but I may break-even at best) And some Centum too! Nabo Capital's Pius Mugo said the best performers since 2013 were: #5 - NSE #4 - Unga [Core] #3 - KK [Core] #2 - Safaricom [Missed out on the huge bull run] #1 - Kakuzi [Tier 3 but sold recently] #3 if it goes through will wash away my sins #4 could still happen Bought some #2 at sub-25 but I can wait. You better stay away from the stimulants in the short term.. These announcements can easily make you skip a beat 😜 KQ ABP 4.26
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VituVingiSana		#77 Posted : Friday, December 07, 2018 9:02:14 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,293 Location: Nairobi		All I need is KK to go through in 2019. The rest, including NIC, are bonuses! I wonder if NIC is officially in play. Could other bidders show up? Some foreign banks want in on Kenya so this could be great for NIC shareholders if more bidders show up. Or the mahari has been delivered and all that's remaining are the rituals/ceremonies and the dog and pony show... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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VituVingiSana		#78 Posted : Friday, December 07, 2018 11:47:23 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,293 Location: Nairobi		Ericsson wrote: mlennyma wrote: obiero 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 thing is on Yassers list what was the collateral?sack someone if the business was part of security Another vvs holding 33/- and way above my ABP. I feel like crying... with joy! Now 30 but still a-OK. I might hold on to see the end-game. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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mufasa		#79 Posted : Friday, December 07, 2018 8:57:41 PM
Rank: Member Joined: 4/15/2008 Posts: 224		the deal wrote: Ericsson wrote: Counter heading towards sub 20 as bad loans weigh heavily Falling on heavy volumes... Stop losses being triggered #capitulation Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett Do it today! Tomorrow is promise to no-one.
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VituVingiSana		#80 Posted : Friday, December 07, 2018 9:30:41 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,293 Location: Nairobi		Horton wrote: Ericsson wrote: mlennyma wrote: obiero 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 thing is on Yassers list what was the collateral?sack someone if the business was part of security Another vvs holding 😆LOL pole lakini VVS Why? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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