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Portfolio Balancing: Avoid Over Exposure To Financial Sector
Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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Angelica _ann wrote:MaichBlack wrote:Yet the same banks reported overall profit growth in the same half year under review. This writing has been there for over 10+ years, yet we keep going  As is banks were making too much in FX. They need to work on volumes and products not spreads. The uptick in FDI, if any, should help banks make more from FX. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,329 Location: nairobi
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True. A reality check COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,329 Location: nairobi
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Rank: Elder Joined: 7/22/2009 Posts: 7,913
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Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! 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: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/22/2009 Posts: 7,913
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VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. 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: 6/23/2009 Posts: 14,329 Location: nairobi
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MaichBlack wrote:VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. Hehe. Yaani even sarcasm imekuwa shida kudeliver. Anywho https://x.com/kasiva_mut...1957726884361388293?s=19 COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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obiero wrote:MaichBlack wrote:VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. Hehe. Yaani even sarcasm imekuwa shida kudeliver. Anywho https://x.com/kasiva_mut...957726884361388293?s=19 KQ alipe deni to help the banks, ama? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/22/2009 Posts: 7,913
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obiero wrote:MaichBlack wrote:VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. Hehe. Yaani even sarcasm imekuwa shida kudeliver. Anywho https://x.com/kasiva_mut...957726884361388293?s=19 ^ When your sarcasm is so good they think you are serious!!! 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: 7,913
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obiero wrote:MaichBlack wrote:VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. Hehe. Yaani even sarcasm imekuwa shida kudeliver. Anywho https://x.com/kasiva_mut...957726884361388293?s=19 ^ Check the performance of Banks in the biggest economies. Start with the US! I don't understand why people imagine Banks owe them free/cheap money!!! Based on what!!?? If you think you have a good thing going, skip the banks and go directly to investors/venture capitalists!! They should jump at the opportunity if your product is as good as you imagine it is!!! 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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