@madkiqofficial@bnf_039@NSE_Investors Yeah im gonna rotate the capital gains into banks eg coop and equity then my intial capital will be used to buy back the shares after price has stopped dropping
@madkiqofficial@bnf_039@NSE_Investors Coz like kengen last year fell from 10.5 to 8 ..kplc from 15.5 to about 12.....these drops were way higher than their dividend amounts so why chase smal dividend while i can wait for price drop and enjoy more
@bnf_039@madkiqofficial@NSE_Investors Personally counters nimedecide nitaexit ni kengen na kplc ...coz their book closures are usually around December amd market is usually on a downward trend ..for the banks I'll hold
@madkiqofficial@bnf_039@NSE_Investors 30% is pretty decent.....a time back i asked what you'll do if kengen gets to 11..coz their book closure is usually around 1st week of December and market is usually on a downward trend ...like last uear it got to 10.5 then fell to as low as 8 ...
This morning, we marked a historic milestone with the listing of Family Bank Plc on the @NSE_PLC .
From its origins as a modest building society serving ordinary Kenyans, @FamilyBankKenya has evolved into one of the country’s most respected indigenous banking institutions.
Through shifting economic cycles, rapid technological transformation, regulatory changes, and an increasingly competitive financial landscape, the Bank has consistently demonstrated resilience, innovation, and adaptability.
Today’s listing not only celebrates decades of remarkable progress but also positions the institution for its next phase of growth, deepening its contribution to customers, shareholders, and the wider Kenyan economy. 🚀📈🇰🇪
@FamilyBankKenya@CMAKenya@KASIB_KE@cdsckenya
@Peter_Thuita001 It was listing by introduction existing shareholders were the ones selling shares to public.....so demand was way high compared to supply hence the rise in price