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EQUITY ON CNN
KulaRaha
#11 Posted : Wednesday, December 02, 2009 5:55:50 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
You can only pull fast ones when the authorities are on your side...else its known as breaking the rules, and you get punished.
Business opportunities are like buses,there's always another one coming
mhenga
#12 Posted : Wednesday, December 02, 2009 6:19:46 AM
Rank: New-farer

Joined: 12/2/2009
Posts: 2
Location: nairobi
case of putting the horse before the cart... yaani mkokoteni mbele ya farasi. Chances are, the horse will turn and pull the cart in the wrong direction or just stand there and stare at the cart. But at the moment i am giving them the B.O.D even though i think they should have marketed themselves within the continent first before thinking global... but i might be wrong.
chi20
#13 Posted : Wednesday, December 02, 2009 6:43:09 AM
Rank: Member

Joined: 10/24/2008
Posts: 223
insiders within the banking says the deposits/lending ratio is at 90:90, meaning every single penny getting into the banks gets out as a loan. this is a suicidal given that a trickle in the liquidity could ground the bank, any time. what would happen if the fair bank ratios are maintained by this bank we all hate to love.
secondly, by marketing the bank outside could be explained as move alongside mj, who went out to woo investors in europe and made an impact on safcom's share in the recent past. my two cents
mukiha
#14 Posted : Wednesday, December 02, 2009 9:02:38 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
...wewe! Don't say that it will collapse! I have been pumping cash into this thing for the last three months....

Anyway; my decision to go in was based on my interpretation of the published, audited financial report...not on "insiders".....
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
simonkabz
#15 Posted : Wednesday, December 02, 2009 2:07:20 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
If anyone can tell us if EB can get itself out of the allegedly precarious financial position....Got back at 13, time to bolt?
TULIA.........UFUNZWE!
Mainat
#16 Posted : Wednesday, December 02, 2009 2:16:23 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Thi***why buy kitu ambayo unagopa? Buy EABL or other boring but steady ships like t-bills and corporate bonds. EB is for alpha-hunters...
Sehemu ndio nyumba
mlefu
#17 Posted : Wednesday, December 02, 2009 3:06:55 PM
Rank: Elder

Joined: 2/11/2007
Posts: 1,680
Location: nairobi
i understand they resolved to sell off shares "safcon" ..so if you got a loan to buy and defaulted..you better check with them..chances are they were sold.. good thing i guess.

they sold mine...damn!!!!
Radiance
#18 Posted : Wednesday, December 02, 2009 5:45:47 PM
Rank: New-farer

Joined: 11/30/2009
Posts: 47
Location: Nairobbery
Te EB demise is predicted the more it grows. It has managed to overcome the political insensibilities. Kenyans are quick to castigate one of their own who dares to dream...how come we dont hear the same for stanbic,ecobank, zenith,phb and other Naija banks that are mushrooming all over? Cant wait for EB to acquire NBK....
simonkabz
#19 Posted : Wednesday, December 02, 2009 8:13:10 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
@maish, EB forms the biggest chunk of ma portfolio. For some reasons, blind or otherwise, I feel it stands a better chance of making moderate capital gains in not so distant future. So when guys raise all manner of flags, lazima nikae ritho msee...
TULIA.........UFUNZWE!
Bangkok
#20 Posted : Thursday, December 03, 2009 3:07:11 AM
Rank: Member

Joined: 4/6/2007
Posts: 31

I have been and will keep on buying EB shares.
If we are to follow the threads written on this issue, EB had was written off by many long time ago and if the reasoning was correct,it should be now on its knees. Yet EB keeps on expanding not only countrywide but has gone regional! It has also been turning in profit(decreased though) even at these hard times.
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