Critical

[The.Black.Templar]

This decision was timely. KCB is currently restructuring 80 billion worth of loans. Most banks will take a big hit from the pandemic. So will other listed companies. I think my decision to wait for Q3 was the right one. Expect even lower stock prices.

KCB restructures Sh80bn loans on corona cash crunch

KCB Group has restructured loans worth Sh80 billion in Kenya.

www.businessdailyafrica.com

I dont think banks will take any bad hit from Corona. If they made even more money during that interest cap period and most people had spelt doom for the industry, then they will definately be stronger during thos period. Banks are clever my fren

 

[$$$]

I dont think banks will take any bad hit from Corona. If they made even more money during that interest cap period and most people had spelt doom for the industry, then they will definately be stronger during thos period. Banks are clever my fren

Most banks took a hit in the first year of the cap. My plan is to wait for steeper discounts in Q3, not to wait for the long term. Just like you, I believe banks will survive and even thrive past covid-19, but in the short term, they will take a hit and I will capitalize.

 

[Syndicate]

Most banks took a hit in the first year of the cap. My plan is to wait for steeper discounts in Q3, not to wait for the long term. Just like you, I believe banks will survive and even thrive past covid-19, but in the short term, they will take a hit and I will capitalize.

I totally agree with you. Am also strategically positioning myself for such....

Apart from banking industry which other stocks would you invest in

 

[$$$]

I totally agree with you. Am also strategically positioning myself for such....

Apart from banking industry which other stocks would you invest in

I look for value wherever I can find it. If some manufacturers and insurers demonstrate value, I will definitely buy in. For now though, I am only interested in banks because they are the real cash cows. I have my eyes on I & M and KCB. I am also interested in how the low global fuel prices will affect Total.

 

[Syndicate]

I look for value wherever I can find it. If some manufacturers and insurers demonstrate value, I will definitely buy in. For now though, I am only interested in banks because they are the real cash cows. I have my eyes on I & M and KCB. I am also interested in how the low global fuel prices will affect Total.

I get you bro.... Thanks for the info

 

[GuyNextDoor]

I look for value wherever I can find it. If some manufacturers and insurers demonstrate value, I will definitely buy in. For now though, I am only interested in banks because they are the real cash cows. I have my eyes on I & M and KCB. I am also interested in how the low global fuel prices will affect Total.

who is your broker?

 

[$$$]

who is your broker?

I buy via Equity Bank. I guess the broker behind them is Standard Investment Bank.

 

[thinktank]

I am considering waiting for H1 or Q3 earnings (banks), before taking the plunge. I think by then I will have an idea of how the virus has affected the local businesses. Buying right now is akin to flying blind. Although the prices are extremely juicy right now.

there is no significant relationship between banking performance and economic performance, therefore your indicators will be wrong if you decide to invest based on such info.

 

[thinktank]

e

9% of 1.9-2.1% is negligible. Transactions costs don't affect investors. Hiyo itaumiza high frequency traders, not investors.

excellent, there is a huge difference between traders and investors, new regulations will most likely hit high volume, high frequency traders the most, though as an investor, MINIMAL changes.