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obiero		#71 Posted : Wednesday, December 05, 2018 3:04:04 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,213 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: 11,935		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: 18,346 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: 14,213 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: 18,346 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: 18,346 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: 238		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: 18,346 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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