So CMA takes like 5 days to respond to such serious allegations that have been in public domain for that long

Caution must be exercised on both stocks, moreso simba since NSSF has already disbursed 3B to ailing NBK as a direct address to the liquidity matter

Was looking forward to that 'M&A' taking us to 30 bob yawa

It wasnt much about the news as Equity also touched 36.50 yesterday on good volumes.KCB touched 36 yesterday on good volumes..41-42 resistance to be retested (I loaded both )

In an earlier thread we pointed out the rally in banking stocks and expected insurance to follow then manufacturing..This happened.

Now we see the crappy penny stocks rallying!

And the pullback in the two financials get deeper than in other cycles!We have lower RSIs

Look for the signs in trend change as NSE at 3600 is deeply overbought

I have 3 shares for this period ....


KCB (i almost exited this week but dint trust the rumours), NIC and ARM ...... am at 41% curtailed by ARM but waiting for it patiently !!!!

Now the hard stuff is realizing the actual gains, very tricky. Requires @obiero moves!!!!!!!

Over the years i have learnt many things so i have 3 stock portfolios. Then long term is never permanent, you must read sign of times especially from @hisah, @karasinga @lochaz-index, @obiero et all .been here since 2006 cucu now oooops @metaspoilt ... Volumes .... Wacha tu. Still learning though

Over the years i have learnt many things so i have 3 stock portfolios. Then long term is never permanent, you must read sign of times especially from @hisah, @karasinga @lochaz-index, @obiero et all .been here since 2006 cucu now oooops @metaspoilt ... Volumes .... Wacha tu. Still learning though[/quote




11 years is great.im still working up my portfolio.its been tough since i have to go through financial statements and annual reports to get a good position of a company financial health.My idea is to take a lifetime position in good companies which my great grandchildren will also inherit.
i have been buying since 2015 but haphazardly.im now learning better and in the next 1-2 years i hope to have built a good portfolio for me,my children,grandchildren and greatgrandchildren.
Some elements i have learnt to consider while constructing a portfolio are:
1.Diversity-
2.Exposure-
3.Finances
4.Management
5.Ownership structure
im going through both the stocks i have and those i think i should have so that i make conclusive decision.

http://www.businessdaily...8342-rfna1oz/index.html

"GCR has retained KCB Bank’s (Kenya) long-term credit rating at AA and short-term’s at A1+ with a stable outlook, for the fourth straight year.
The rating, the highest by GCR in Kenya, boosts any effort by KCB to raise capital."