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KCB 2018 and Beyond
 
        
            
            
    
        
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
  
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                rwitre wrote:Been ignoring the KCB and BFIU shenanigans plus blogger rhetoric...but there is increasing smoke. Last week there was the issue of the detained officials at Central Police. After being taken to court, they were released on a flimsy Ksh. 5,000 cashbail. Then today we have a presser from lobby groups that released the CEO Oigaraβs bank statements to the public >>  LINKWhat is not happening at Simba?   This appears to be cheap craving for attention.And some of these bloggers are guns for hire.The facts cannot be authenticated.  Towards the goal of financial freedom  
            
 
         
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Rank: New-farer Joined: 9/20/2010 Posts: 79
  
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                How does Oigara allow such a leak.Oigara stop this madness.His account should have limited access.If this can happen to the CEO then what of the ordinary customers. 
            
 
         
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
  
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                the deal wrote:Pump and dump... Income lines (funded and non funded) just growing at 3% in Q3 2018!   Eish  https://www.businessdail...0056-klfbmyz/index.html
 
            
 
         
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
  
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                Fundamentally incorrect statements in this article. But meh π€·π½ββοΈπ€·π½ββοΈπ€·π½ββοΈ  
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                Horton wrote:Fundamentally incorrect statements in this article. But meh π€·π½ββοΈπ€·π½ββοΈπ€·π½ββοΈ  Business daily doing what it's best known for  Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle  
            
 
         
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
  
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                I have small amount, can I buy KCB at 38 or I hold to drop  
            
 
         
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
  
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                bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   I would buy if I had any sort of cash   
            
 
         
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
  
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                bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  Towards the goal of financial freedom  
            
 
         
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Rank: Member Joined: 1/1/2011 Posts: 396
  
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Rank: Elder Joined: 7/22/2009 Posts: 7,660
  
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                Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.  
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  The worst is yet to be seen.  2019 will be blood on the streets  Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle  
            
 
         
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Rank: Elder Joined: 7/22/2009 Posts: 7,660
  
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                Ericsson wrote:MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  The worst is yet to be seen.  2019 will be blood on the streets   Aren't you contradicting yourself? "The time to buy was yesterday" and "The worst is yet to come"??? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.  
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                MaichBlack wrote:Ericsson wrote:MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  The worst is yet to be seen.  2019 will be blood on the streets   Aren't you contradicting yourself? "The time to buy was yesterday" and "The worst is yet to come"???  Where did I say time to buy was yesterday  Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle  
            
 
         
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
  
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                Ericsson wrote:MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  The worst is yet to be seen.  2019 will be blood on the streets   Why say so?  
            
 
         
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
  
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                MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  Its now 36.50 with good supply  
            
 
         
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Rank: Veteran Joined: 11/13/2015 Posts: 1,626
  
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                mwekez@ji wrote:Ericsson wrote:MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  The worst is yet to be seen.  2019 will be blood on the streets   Why say so?  Because banks are headed for zero growth this year and next The new IFRS9 accounting standards provided a window in 2018 that created an anomaly in bank profits for 2018 as some banks used capital reserves to clean up bad books, including cleaning up some credit losses earmarked for 2018. Better explained by Moses Muthui  https://www.businessdail...34810-o3owko/index.html
 
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                wukan wrote:mwekez@ji wrote:Ericsson wrote:MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  The worst is yet to be seen.  2019 will be blood on the streets   Why say so?  Because banks are headed for zero growth this year and next The new IFRS9 accounting standards provided a window in 2018 that created an anomaly in bank profits for 2018 as some banks used capital reserves to clean up bad books, including cleaning up some credit losses earmarked for 2018. Better explained by Moses Muthui  https://www.businessdail...34810-o3owko/index.html
 Hon Moses Kuria proposed ammendment to the banking act could be a saviour for them  Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle  
            
 
         
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Rank: Veteran Joined: 11/13/2015 Posts: 1,626
  
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                Ericsson wrote:wukan wrote:mwekez@ji wrote:Ericsson wrote:MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  The worst is yet to be seen.  2019 will be blood on the streets   Why say so?  Because banks are headed for zero growth this year and next The new IFRS9 accounting standards provided a window in 2018 that created an anomaly in bank profits for 2018 as some banks used capital reserves to clean up bad books, including cleaning up some credit losses earmarked for 2018. Better explained by Moses Muthui  https://www.businessdail...34810-o3owko/index.html
 Hon Moses Kuria proposed ammendment to the banking act could be a saviour for them   That amendment is going nowhere, Moses kuria is a rational guy but he has burnt the political capital to push it through. Just forget about it. River road economics takes precedence for now.  
            
 
         
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Rank: Elder Joined: 7/22/2009 Posts: 7,660
  
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                bartum wrote:MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  Its now 36.50 with good supply  Time to start buying. For me that is. Not advising anyone to buy or not. Mine is loooong term. Not afraid of hiccups so long as fundamentals are good! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.  
            
 
         
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Rank: Elder Joined: 7/22/2009 Posts: 7,660
  
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                wukan wrote:Ericsson wrote:wukan wrote:mwekez@ji wrote:Ericsson wrote:MaichBlack wrote:Ebenyo wrote:bartum wrote:I have small amount, can I buy KCB at 38 or I hold to drop   Time to buy kcb was yesterday.  And that might actually be literally. I am also planning to buy KCB for my kids. Will be doing that later this month or January. I have a feeling I can get them at 35-36 and coz I am buying many, the 3/= difference from current price is huge!!  The worst is yet to be seen.  2019 will be blood on the streets   Why say so?  Because banks are headed for zero growth this year and next The new IFRS9 accounting standards provided a window in 2018 that created an anomaly in bank profits for 2018 as some banks used capital reserves to clean up bad books, including cleaning up some credit losses earmarked for 2018. Better explained by Moses Muthui  https://www.businessdail...34810-o3owko/index.html
 Hon Moses Kuria proposed ammendment to the banking act could be a saviour for them   That amendment is going nowhere, Moses kuria is a rational guy but he has burnt the political capital to push it through. Just forget about it. River road economics takes precedence for now.  There are no permanent friends or enemies in politics. Just interests. THE family is in banking big time. Wait until the day the mum will wake up and demand that something must be done. And we are talking about an African mum! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.  
            
 
         
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