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Briatm, Britam, Britam sounds like sweet candy!
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Why is Mr Market refusing to respect the PPT floor at 14 handle? The hyped bag holding is not roping in bids. Is Mr Market calling the bluff? Any negative news suprises will shake the weak hands rapidly. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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The candy has again melted in my pocket, I need a straw to drink it or should I suck it? Why is the continued bleeding for this better performing stocks? CFC, Britam, Co-op bank, CIC, KCB, Equity, TC are all chnging towels due to heavy bleeding. What are the "Doctors" doing?
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Realtreaty wrote:The candy has again melted in my pocket, I need a straw to drink it or should I suck it? Why is the continued bleeding for this better performing stocks? CFC, Britam, Co-op bank, CIC, KCB, Equity, TC are all chnging towels due to heavy bleeding. What are the "Doctors" doing? This one will kill you with stress   Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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There has never been a bear like this one...and it does not look like its going to stop any time soon.
Come next year and the pull downward will be very strong..for the buyer enjoy the ride.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Too be honest maybe am just different have buddy who bought when the share dipped during the Rawat saga...he has it go up from was it 11 to 16 or highs of 15 had an opportunity to sell but stayed put...Ona sasa.he had been advised to sell then wait for the dip but alikataa kata kata... possunt quia posse videntur
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Rank: User Joined: 1/20/2014 Posts: 3,528
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maka wrote:Too be honest maybe am just different have buddy who bought when the share dipped during the Rawat saga...he has it go up from was it 11 to 16 or highs of 15 had an opportunity to sell but stayed put...Ona sasa.he had been advised to sell then wait for the dip but alikataa kata kata... Nyororo inakazwa pole pole  Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:Why is Mr Market refusing to respect the PPT floor at 14 handle? The hyped bag holding is not roping in bids. Is Mr Market calling the bluff? Any negative news suprises will shake the weak hands rapidly. YES!! My price target is KES 6 and I'm very optimistic with that target! Should be lower!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:hisah wrote:Why is Mr Market refusing to respect the PPT floor at 14 handle? The hyped bag holding is not roping in bids. Is Mr Market calling the bluff? Any negative news suprises will shake the weak hands rapidly. YES!! My price target is KES 6 and I'm very optimistic with that target! Should be lower! At KES 6/- niko ndani mzima mzima. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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hisah wrote:hisah wrote:Why is Mr Market refusing to respect the PPT floor at 14 handle? The hyped bag holding is not roping in bids. Is Mr Market calling the bluff? Any negative news suprises will shake the weak hands rapidly. YES!! My price target is KES 6 and I'm very optimistic with that target! Should be lower!  sub-kobole is even more enticing Dumb money becomes dumb only when it listens to smart money
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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hisah wrote:hisah wrote:Why is Mr Market refusing to respect the PPT floor at 14 handle? The hyped bag holding is not roping in bids. Is Mr Market calling the bluff? Any negative news suprises will shake the weak hands rapidly. YES!! My price target is KES 6 and I'm very optimistic with that target! Should be lower!  What went wrong at Britam? Or was it just hype? I was in Britam at 9. Exited early at 13. It then went to 40. I did not understand why. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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VituVingiSana wrote:hisah wrote:hisah wrote:Why is Mr Market refusing to respect the PPT floor at 14 handle? The hyped bag holding is not roping in bids. Is Mr Market calling the bluff? Any negative news suprises will shake the weak hands rapidly. YES!! My price target is KES 6 and I'm very optimistic with that target! Should be lower! What went wrong at Britam? Or was it just hype? I was in Britam at 9. Exited early at 13. It then went to 40. I did not understand why. When the market overshoots price to the upside everyone is happy and nobody asks the question why. When the favour is repaid in customary bear fashion to the downside, everyone wonders where/when/how/why the rain started beating their beloved stocks. Market behaviour...sigh. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Realtreaty wrote:The candy has again melted in my pocket, I need a straw to drink it or should I suck it? Why is the continued bleeding for this better performing stocks? CFC, Britam, Co-op bank, CIC, KCB, Equity, TC are all chnging towels due to heavy bleeding. What are the "Doctors" doing? Please elaborate why you are bullish on this laggard Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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hisah wrote:hisah wrote:Why is Mr Market refusing to respect the PPT floor at 14 handle? The hyped bag holding is not roping in bids. Is Mr Market calling the bluff? Any negative news suprises will shake the weak hands rapidly. YES!! My price target is KES 6 and I'm very optimistic with that target! Should be lower! I am not sure about 6 but the bidless action shows 8 will touch sooner than later! Low of 12 today
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Fyatu wrote:Realtreaty wrote:The candy has again melted in my pocket, I need a straw to drink it or should I suck it? Why is the continued bleeding for this better performing stocks? CFC, Britam, Co-op bank, CIC, KCB, Equity, TC are all chnging towels due to heavy bleeding. What are the "Doctors" doing? Please elaborate why you are bullish on this laggard Laggard and haggard while @Realtreaty's fortune is locked in! So sad. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/4/2009 Posts: 10,640 Location: NAIROBI
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2016 First half year results will indicate the company is still in loss making territory. Insurance companies this year wataumia with the exception of Re-insurer Kenya Re Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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Othelo wrote:maka wrote:Too be honest maybe am just different have buddy who bought when the share dipped during the Rawat saga...he has it go up from was it 11 to 16 or highs of 15 had an opportunity to sell but stayed put...Ona sasa.he had been advised to sell then wait for the dip but alikataa kata kata... Nyororo inakazwa pole pole The prophesies of doom are coming to fruition @Spikes and the rest KEGN, KPLC, KQ, SCOM
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Reforming? Advantage of running way from bad friends. Britam need to finish its Tower and when proceeds start trickling to capture new avenues. Britam sells 25pc stake in Acorn at Sh299m
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Rank: Member Joined: 11/19/2009 Posts: 3,142
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Ericsson wrote:2016 First half year results will indicate the company is still in loss making territory.
Insurance companies this year wataumia with the exception of Re-insurer Kenya Re when are the half year results due?
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Bad friends?? I believe that Britam was the bad one since Helios rarely make un-calculated moves. Plus why would Britam sell its stake at cost, even time value of money was not accounted for?? Strange company this one.. I would never touch
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Briatm, Britam, Britam sounds like sweet candy!
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