I don't know what to tell people but I'll tell them anyway.

I think this blue section is filled with charlatans who call themselves brokers, investment advisers, bankers, nse gurus, etc etc.

Right now the story is that it's a perfect time to buy shares...Coz they can't go any lower.


Mmmmhhhh, which school of thought is that one? Pick one then discuss.

There has been a problem with the Kenyan economy for some 20 years...

You get an MBA at strathmore....Sorry....You buy an MBA at strathmore...It's buying since people have been known to forget to take tea in the morning so that they can go to that class.

Then when you "graduate" you get a job as CEO, Marketing Director, IT Director, etc etc....

These people can't think past their degrees...These people have never run a shoeshine shop...

But at the NSE they are cozy...

Buy finance stocks since the value is underpriced....

I'll tell you this...

Kubaff!!!!!!


My proof is all this crying going on here on wazua right now about a signature. Uhuru's left hand.

Let me explain in terms of numbers and statistics.


When this bill was passed in parliament, there was a 50/50 chance that Uhuru would sign it.

Forget about the emotions and the politics....It was even chance.

Supposing I'm a shareholder of let's say ekuete.

If I sold those shares before the decision, I would have lost say, 1 to 2 percent of my portfolio...

But obviously, without needing Jesus in your life, if he signed, I'd basically be changing how banking is done in this country.


But ooohhhh no.

I, like the stupid guy who went to school, should have decided to just sell and wait and take a tiny beating....


But ohhhh no

The analysts on wazua with all their wisdom, BET...that Uhuru would not sign.

My friends on wazua.

These people who are called stock brokers on wazua are not that clever...They are just like the sports pesa junkie I met in Kericho jana.

It's like this...I really want to f*** Angelica Ann...if I use a condom I'll not be that excited...If I don't I'll be excited but I may die....that's a joke Angelica.

But I hope you get the message.

These people bet all your money on a 50/50 occurrence. They failed. Now they blame Uhuru for their stupidity.

I'm no Uhuru lover lakini, this incident must show Kenyans that as much as our media is upus, the so called finance gurus are just plain thieves.

They bought their degree...Lakini ujinga ni ule ule where they had to pay money after getting policemen D's at form 4 to go to "prestigious" schools.

This is only part 1...

by the way, I have evidence.

Some years back at the same time...I had some money to invest.

So I got two proposals...I loved my country so I put in some money from some guys in an unnamed company in Kenya. Still operating...They told me its a sure thing...That's all they gave me....Ohhh, it perfect, everyone is buying.

The other one was for some penny stock...But the brokers for the stock put everything down, not in finance speak as in the blue section, but in plain english.

Share 1 I bought at the same COST as Share 2.

I bought Sirius at 5 bob because of the information I got from the broker...Google it now.

The other one....Stock 1....mmmmhhhh..Somehow the valued broker in Kenya could not fill the order...He had my cash for 6 months...I had to send some not so nice people to his office for them to refund the cash...

So I became intrested in wazua.

My friends.

Muache kudanganwya hapa.

These gurus on this forum work together in the same offices.

If anyone is telling you to buy stocks now, all they want to do is offload their upus nonsense to you.

Uhuru's left hand just changed the economic structure of this country...

Don't go around here buying stocks until the elections are over.

Ni hayo tu...


Let me here the blue section keeping quiet.

Ohhh yes I am..Of course you know me...

But I met someone in family today who just lose a lot of money...On my facebook profile, which is private, I have been warning them to dump finance shares for 1 year...

Then I come here and see the same charlatans telling guys that next week they can buy...


Buy what?

This economy just changed from free to controlled. How stupid can you be to buy these shares at this time....Especially before the elections?

Unajua boss, I read some stuff here and wish I had a degree.

You are being f***ed....

Dump these shares if you can...

I went through the dot com bubble and the real estate bubble...Shit happens!!!!!

Ask Hisah, he seems to be the only person here who's not working for one of these stockbrokers. But maybe he is.

I'll tell you something about manufacturing first...It's the only thing that's going to survive this upus. Forex rates are going to change, so flower famers as much as these charlatans are complaining here, are going to be very excited.

As for ours, its still on....


Ati banks shall not give loans, jinga sana...We have seen this story before...We are waiting for these stock prices to fall, so that Wanjiku can get into the program...After she's in, then we can go back to free interest rates after a few years.

And I have said here on this forum, they shall fall...And they will fall. FURTHER!!!

If you are likely to hear this in three years you are better off taking your capital elsewhere

Hehe. I had earlier information and passed it on right here that the bill will be signed.. I also happen to hold some financial services stock but opted not to sell with full awareness that the same shall fall.. Now, quote me and quote me right, nothing much has changed in essence for the banks.. Firstly, the existing loans will not be repriced, further new deposits will not be higher than the proposed minimum regardless of amount.. The margin spread proposed by law are actually higher than what was charged prior.. So long as banks shall keep costs of funds low then they will survive. KCB has sourced funds at 3% from Europe for onward lending at 14.5%!! COOP bank has also shown that implementation is welcome and doable.. The sky shall not turn green and the water will not turn red.. Banks will sail through the storm and the stocks will stabilise starting tomorrow!!! Lack of bids to match the asks remains a positive sign and should be only yardstick to be utilized by traders.. As for investors, we wait..

Has he ever seen @ann ama it's Dutch courage

Banks have treasury units to handle such matters.. Fact remains that they have cheap funds plus the USD is strengthening against KES hence more funds in hand upon conversion

yenyewe hapa Alma you have a point.Maybe Uhuru should have a law to tame them.

LOL. You are the most clueless investor I have ever encountered since @qw

If KCB had borrowed USD, converted it and lent it out at 14.5% then KCB needs more KES to repay the USD loan [since the USD has become stronger] which reduces the yield.

1) Are the USD loans unrestricted i.e. KCB can lend to whom they want?
2) Are the USD loans really at 3%? If GoK borrowed at 5-6% then why would someone lend unrestricted funds to KCB at 3%?
3) Has KCB "insured" (or hedged) the USD? We saw many firms/banks suffer when their USD liabilities soar in KES when the KES went from 84 to 107. KK is an example. As is KQ.