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NIC Group FY17
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obiero
#81 Posted : Friday, December 07, 2018 9:34:07 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
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?

@vvs caught up in imaginary takoever scenarios.. paper profits but if he meets an emergency he can't pay up.. Hongera lakini. I can't say the same about Cytonn..

KQ ABP 4.26
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  | | Edit by user: Friday, December 07, 2018 9:35 PM | Reason: Not specified
VituVingiSana
#82 Posted : Friday, December 07, 2018 9:52:41 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
@Obiero - There's a 100k + interest that you owe me smile
NIC is in the money for me.
How's your KQ doing so far?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#83 Posted : Friday, December 07, 2018 10:01:24 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Interesting a few years ago First Rand was interested... Now this... More of a survival deal. You are stupid to buy at 30...
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obiero
#84 Posted : Friday, December 07, 2018 10:09:10 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
the deal wrote:
Interesting a few years ago First Rand was interested... Now this... More of a survival deal. You are stupid to buy at 30...

Very stupid

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obiero
#85 Posted : Friday, December 07, 2018 10:11:19 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
@Obiero - There's a 100k + interest that you owe me smile
NIC is in the money for me.
How's your KQ doing so far?

Merger on the way.. Expect a similar spike

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Ericsson
#86 Posted : Monday, December 10, 2018 10:23:00 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
It was a on-off jump on Friday.Normalcy has resumed today on the NIC share price.
Anyone who sold at 32 on Friday is a hero.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Superprime1
#87 Posted : Monday, December 10, 2018 12:12:02 PM
Rank: Member

Joined: 5/2/2018
Posts: 267
Ericsson wrote:
It was a on-off jump on Friday.Normalcy has resumed today on the NIC share price.
Anyone who sold at 32 on Friday is a hero.

@Ericsson, still early to label anyone hero yet till further details are disclosed...
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wukan
#88 Posted : Tuesday, December 11, 2018 12:22:24 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,653
The bear is very strong you cannot cheat your way out of its choke-hold
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the deal
#89 Posted : Tuesday, December 11, 2018 1:17:25 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
obiero wrote:
the deal wrote:
Interesting a few years ago First Rand was interested... Now this... More of a survival deal. You are stupid to buy at 30...

Very stupid

Could be the same guys selling at Ksh25 Laughing out loudly Laughing out loudly Laughing out loudly

If I was interested I could get in now...I dont like mergers...look at how rocky the CFC-Stanbic was...it took spin offs (Liberty) and years to finally figure things out....
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VituVingiSana
#90 Posted : Tuesday, December 11, 2018 2:09:18 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
the deal wrote:
obiero wrote:
the deal wrote:
Interesting a few years ago First Rand was interested... Now this... More of a survival deal. You are stupid to buy at 30...

Very stupid

Could be the same guys selling at Ksh25 Laughing out loudly Laughing out loudly Laughing out loudly

If I was interested I could get in now...I dont like mergers...look at how rocky the CFC-Stanbic was...it took spin offs (Liberty) and years to finally figure things out...

Depends on who is being bought out. Pay me a fair price and the shares are all yours Applause I do not care what happens post-merger if I am no longer a shareholder!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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