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Wai!! it is a blood bath, kcb, coop, equity down 9%
Rank: Member Joined: 3/26/2012 Posts: 280
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Interest expense to go up by about 5-7% on a good % of deposits. Interest income to go down by about 4-10%. It will definitely affect the bottom. But they will still make profits Its the size that will be affected hence share price. Don't expect Equity to go back to the 40s. DOH
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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Bachuma Gate wrote:Interest expense to go up by about 5-7% on a good % of deposits. Interest income to go down by about 4-10%. It will definitely affect the bottom. But they will still make profits Its the size that will be affected hence share price. Don't expect Equity to go back to the 40s. interest income will be volume driven,those who think banks will ignore customers  "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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Impunity wrote:KulaRaha wrote:Currently no offers of KCB. Hmmmm, someone manipulating? Has this bus stoped or what? Please come down please to 20! I am yet to transfer my money to the broke account!  When the tide turns, it will be swift and sudden leaving bottom fishers with their pricks in their hands Start!
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Rank: Elder Joined: 3/2/2009 Posts: 26,325 Location: Masada
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Metch wrote:Impunity wrote:KulaRaha wrote:Currently no offers of KCB. Hmmmm, someone manipulating? Has this bus stoped or what? Please come down please to 20! I am yet to transfer my money to the broke account! When the tide turns, it will be swift and sudden leaving bottom fishers with their pricks in their hands 25 bob seems to be final support for Simba and Member... So sad. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Ahaaaaaa...the fun has stopped. The curve is flattening at the bottom. What am I saying hit the purchase button now , if at all you have any intention to get in at least prices.
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Rank: Elder Joined: 7/22/2009 Posts: 7,451
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Impunity wrote:Metch wrote:Impunity wrote:KulaRaha wrote:Currently no offers of KCB. Hmmmm, someone manipulating? Has this bus stoped or what? Please come down please to 20! I am yet to transfer my money to the broke account! When the tide turns, it will be swift and sudden leaving bottom fishers with their pricks in their hands 25 bob seems to be final support for Simba and Member... So sad. Tomorrow I load my account.... 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: 7,451
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Metch wrote:Impunity wrote:KulaRaha wrote:Currently no offers of KCB. Hmmmm, someone manipulating? Has this bus stoped or what? Please come down please to 20! I am yet to transfer my money to the broke account! When the tide turns, it will be swift and sudden leaving bottom fishers with their pricks in their hands True. Look at Co-op today. I hope I will not be among the people left behind. Tomorrow I make a decision. 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: 7,451
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streetwise wrote:Ahaaaaaa...the fun has stopped. The curve is flattening at the bottom. What am I saying hit the purchase button now , if at all you have any intention to get in at least prices. Co-op and NIC up 7%!!! 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: Veteran Joined: 8/10/2014 Posts: 955 Location: Kenya
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The demand has shot up massively. Supply drying up
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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watesh wrote:The demand has shot up massively. Supply drying up Signs were clear yesterday, many wazuans have no intention of buying anything, however this reverse will depend on the banks Q3 and Q4 we might see a second adjustment if the effect is steep "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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watesh wrote:The demand has shot up massively. Supply drying up No pressure... possunt quia posse videntur
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Dead cat bounce Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 3/2/2009 Posts: 26,325 Location: Masada
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KulaRaha wrote:Dead cat bounce LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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KulaRaha wrote:Dead cat bounce i think banks will trade at this range sideways waiting for more clear signals "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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mlennyma wrote:KulaRaha wrote:Dead cat bounce i think banks will trade at this range sideways waiting for more clear signals I calculate a drop in NIM of between 500 and 1B a month for the likes of KCB and Equity. What do you think that will do to the bottom line? Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 8/10/2014 Posts: 955 Location: Kenya
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mlennyma wrote:watesh wrote:The demand has shot up massively. Supply drying up Signs were clear yesterday, many wazuans have no intention of buying anything, however this reverse will depend on the banks Q3 and Q4 we might see a second adjustment if the effect is steep Q3 will be solid results. Q4 and H1 2017 will be a taste of the new law if old loans are repriced to 14.5%
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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MaichBlack wrote:streetwise wrote:Ahaaaaaa...the fun has stopped. The curve is flattening at the bottom. What am I saying hit the purchase button now , if at all you have any intention to get in at least prices. Co-op and NIC up 7%!!! The exchange bar lives on
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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watesh wrote:mlennyma wrote:watesh wrote:The demand has shot up massively. Supply drying up Signs were clear yesterday, many wazuans have no intention of buying anything, however this reverse will depend on the banks Q3 and Q4 we might see a second adjustment if the effect is steep Q3 will be solid results. Q4 and H1 2017 will be a taste of the new law if old loans are repriced to 14.5% you remind me of the perceived number portability and safcom slaughter by rivals a while ago which never saw the light of the day "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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watesh wrote:mlennyma wrote:watesh wrote:The demand has shot up massively. Supply drying up Signs were clear yesterday, many wazuans have no intention of buying anything, however this reverse will depend on the banks Q3 and Q4 we might see a second adjustment if the effect is steep Q3 will be solid results. Q4 and H1 2017 will be a taste of the new law if old loans are repriced to 14.5% This will not happen. Old loans cannot be renegotiated arbitrarily. It will be challenged in court
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: New-farer Joined: 3/12/2014 Posts: 96
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obiero wrote:watesh wrote:mlennyma wrote:watesh wrote:The demand has shot up massively. Supply drying up Signs were clear yesterday, many wazuans have no intention of buying anything, however this reverse will depend on the banks Q3 and Q4 we might see a second adjustment if the effect is steep Q3 will be solid results. Q4 and H1 2017 will be a taste of the new law if old loans are repriced to 14.5% This will not happen. Old loans cannot be renegotiated arbitrarily. It will be challenged in court buyouts then and top ups
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Wai!! it is a blood bath, kcb, coop, equity down 9%
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