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Portfolio Balancing: Avoid Over Exposure To Financial Sector
Rank: Chief Joined: 1/3/2007 Posts: 18,243 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: 13,835 Location: nairobi
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True. A reality check
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 804,000 ABP 6.26; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,835 Location: nairobi
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Avoid over exposure https://www.businessdail...time-in-23-years-5168298
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 804,000 ABP 6.26; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 7/22/2009 Posts: 7,621
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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: 18,243 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: 7,621
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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: 13,835 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 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 804,000 ABP 6.26; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,243 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: 7,621
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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: 7,621
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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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Rank: Elder Joined: 7/22/2009 Posts: 7,621
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VituVingiSana wrote:obiero wrote:MaichBlack wrote:VituVingiSana 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[/quote] KQ alipe deni to help the banks, ama? They are in for another 6.5 Billion loan as strategic investors search seems to have hit headwinds. Loan manenos...Where would KQ be without the banks (and the government)!!??? 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: 12/6/2008 Posts: 3,557
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Enyewe nikubayah, you all know them for taking bribes to give loans for years!!!!! Title deed of poorly developed structures ama second hand car logbook ama payslip of a solidarity forever singer aka garment lazybone amachapa! Siku yq kulipa imekarbia  Meru Holiness
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Rank: Elder Joined: 6/23/2009 Posts: 13,835 Location: nairobi
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Much Know wrote:Enyewe nikubayah, you all know them for taking bribes to give loans for years!!!!! Title deed of poorly developed structures ama second hand car logbook ama payslip of a solidarity forever singer aka garment lazybone amachapa! Siku yq kulipa imekarbia Very bad
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 804,000 ABP 6.26; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 12/6/2008 Posts: 3,557
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obiero wrote:Much Know wrote:Enyewe nikubayah, you all know them for taking bribes to give loans for years!!!!! Title deed of poorly developed structures ama second hand car logbook ama payslip of a solidarity forever singer aka garment lazybone amachapa! Siku yq kulipa imekarbia Very bad And it is our money being misused like this, instead iletwe NSE  Meru Holiness
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Rank: Veteran Joined: 11/13/2015 Posts: 1,619
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Lisemwalo lipo na kama halipo laja
Lazy kenyan bankers the disruption cometh...
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Rank: Elder Joined: 7/22/2009 Posts: 7,621
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wukan wrote:Lisemwalo lipo na kama halipo laja
Lazy kenyan bankers the disruption cometh...
Lazy Kenyan bankers??? Tuko Kenya moja??? Do you have the Kenya banking history for the last 25 years? Hata usiende mbali sana... Aren't ABSA already here? 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: 7,621
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Much Know wrote:obiero wrote:Much Know wrote:Enyewe nikubayah, you all know them for taking bribes to give loans for years!!!!! Title deed of poorly developed structures ama second hand car logbook ama payslip of a solidarity forever singer aka garment lazybone amachapa! Siku yq kulipa imekarbia Very bad And it is our money being misused like this, instead iletwe NSE How now? Misused how? You guys believe people with more skin in the game like James Mwangi and Gideon Muriuki will do things to eff up something they stand to lose the most if things go south!!?? People who are the single largest individual shareholders are presiding over the demise of the same? Let's get real!! 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: 7,621
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James Mwangi for example earned 542.4 million dividends from Equity FY 2024. If he effs up your 10k, 100k, 1m or even 10m dividends he effs up his 542m!! When your dividends grow from 10k to 20k, his grow to a billion plus!!! Who do you think would more worried by the performance of the bank!!?? And even away from the bank, his whole persona is defined by the bank! He derives even his international recognition and responsibilities from that. He effs the bank up and he takes a personal hit beyond money. I personally I'm not worried by some of these small small rumours and allegations. Only fundamentals. 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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