Not Fault Proof

"The whole trick of the game is to have a few times when you know something is better than average, and invest only where you have that extra knowledge. If that gets you a few opportunities, that's enough." - Charlie Munger

@tradingroomke Bought on the NSE, the Interim dividend was never paid. Good company but not worth it to always have to follow up on the dividend payment

BK Group PLC (NSE: BKG, +5.4% YTD) has announced a dividend payout of RWF 49.6 billion for the financial year ended December 31, 2025 as compared to RWF 39 billion in FY2024. The dividend payout ratio for FY2025 was 45%, up from 30% in FY2024. tradingroom.co.ke/bk-group-annou…

"Over a sufficiently long time, compound growth at a small rate will vastly exceed any rate of arithmetic growth, no matter how large! For instance if, Sam Scared made 100% a year and put it in a sock and Charlie Compounder made only 1% a year but reinvested it, Charlie's wealth would eventually exceed Sam's by as much as you please. This is true even if Sam started with far more than Charlie, even $1 billion to Charlie's $1." – Ed Thorp

@MoneySenseKe They do well with high equity turnover. When that reduces...

Interesting that NSE equities market, with a turnover of Kshs. 145.4 billion, generated fees of Kshs. 348 million, while the bond market—despite a turnover of Kshs. 2.71 trillion, 18.6 times higher—generated only Kshs. 298 million or roughly 85% of the equities’ transaction levy.

@NSE_Investors Basically if you held for 10 years you lost money. Risky investment without the returns to compensate for the risk

Diamond Trust Bank (DTB) Total Returns Analysis (2016–2025) A long-term analysis of Diamond Trust Bank ($DTB) performance over the last decade (2016–2025) reveals a significant gap between nominal gains and actual purchasing power.While the stock has seen a massive recovery in the last two years, long-term holders have faced a "real" loss when adjusted for inflation. 1. The Performance Paradox: Nominal vs. Real Returns Nominal Growth:On paper, an investment in DTB at the end of 2015 grew by 52.61% cumulatively by the end of 2025.This represents a nominal Compound Annual Growth Rate (CAGR) of~4.32% The Inflation Tax: Cumulative inflation in Kenya hit 73.77% over the same period.This means KES 100,000 in 2025 only has the purchasing power that KES 57,547.33 had in 2016.Real Wealth Erosion: After adjusting for inflation, the Real Cumulative Return is -12.17%Investors actually saw their purchasing power decrease at a Real CAGR of ~-1.29% 2. Dividends: The Only Savior of Value *Capital Loss:The share price dropped from KES 169.10 in December 2015 to KES 156.75 in December 2025, a capital loss of KES 12.35 per share. Dividend Yield: Investors collected KES 40.50 in dividends per share over the decade. Critical Contribution: Dividends accounted for 143.87% of the total nominal return. Without these payouts, the investment would have been deep in the red even before adjusting for inflation. 3. Volatility and Market Cycles The Dark Years (2018–2022):DTB faced a brutal multi-year decline, with cumulative nominal returns bottoming out at -63.21%.in 2022. The Historic Rebound: The stock staged a massive comeback in 2024 and 2025, with annual nominal returns of 69.64% and 140.22% respectively. 2025 Peak:By December 31, 2025, the price reached KES 156.75 with a record dividend payout of KES 9.00. Investor Takeaway $DTB is currently a story of recovery and yield.While the last two years have been spectacular for new entrants, those who held since 2015 are only just beginning to recover their original principal in nominal terms. The stock remains a heavy dividend play, as payouts were the only factor preventing a total nominal loss over the decade.

@ndungup_ @kahome_steve

@kahome_steve ugly scenes. I cant imagine how it feels like to try and sell 772k shares of a company whose total demand is less than 10k shares. Real pain

scenes pale Ziidi Trader

If we assume the point of investing is ultimately to improve your quality of life and the quality of life of those you most care about, investments that consistently add stress over long periods of time probably don’t make sense. Money is traded for things or experiences that catalyze certain feelings. If your investments are generating the opposite spectrum of feelings, it might be time to reassess. It’s easy to miss the forest for the trees. Money is a means, not an end. And in the end, most things matter very, very little. Do what helps you sleep at night and wake up with a low heart rate. To me, those are the hallmarks of a world-class investor who gets the big picture.

Forever grateful to Claude Code for making me look slightly competent at css and design 😂

@shadrac_matata @ElixirKenya

Been looking for an elixir community in Kenya.

@TheAbojani @cheruiyotkb @MihrThakar @mmnjug @Davinedavid1 Eager to see how their Investment Banking arm is doing with all the deal-making happening around

Here's our Pre-earnings Review Note on Stanbic Holdings even as we wait for the FY'2025 numbers tomorrow morning....👇

The freer the market, the harder it is to get rich without helping millions of people. The more controlled it is, the easier it is to get rich by controlling millions of people.

@investorafric @EACinvestor @mwesigwa18 @UgandanInves Good times 😁

@EACinvestor @mwesigwa18 @UgandanInves , stanbic Uganda traded at 78 shilling per share today and MTN uganda traded at 460 shillings per share

Wonder if the ridiculous price increases on the NSE related to the increased NSSF contributions? 🤔 The money has to be invested somewhere and the fixed income yields are not that great right now

@NSE_Investors You will get burnt at some point. Mapema ndio best

You can imagine getting burnt the first time you venture into share trading.

@WaruhiuFranklin Much more nuanced take than just "BUY on ATH" 👏🏾👏🏾👏🏾 Also wonder why most banking sector analysis always excludes BKG, which is doing better than most of their Kenyan counterparts

I don't know whoever you're but please don't mislead investors. I will call you out if you do that. ABSA is currently trading at a P/B ratio of 1.7x and P/E ratio of 7.2x (at the current price of 29.85) compared to banking sector average P/B of 1.05x and P/B of 5.4x respectively. Is that a cheap valuation compared to peers? The answer is NO. ABSA's Book Value per Share stands at KES 17.38 per share (ABSA is trading at a premium valuation). Let's do a comparative analysis between ABSA & StanChart: StanChart is currently trading a P/B ratio of 2x and P/E ratio of 8.2x (premium valuation because of high dividend yield & ROE) If you apply a re-rating of 2x same as SCBK's P/B ratio the implied valuation for ABSA would be 34.76. If you apply a re-rating of 8.2x same as SCBK's P/E ratio the implied valuation for ABSA would be 34.03. It is important to note that SCBK's trailing dividend yield is 13.3% hence a premium valuation of 2x book value while ABSA's trailing dividend yield is just 5.9% - the lower dividend yield compared to SCBK might cap ABSA's upside beyond 34. Sell ABSA at the 33 - 34 range before the next book closure date. For consultations and financial advisory services feel free to contact me on WhatsApp +254711850143. @NSE_Investors @mytradesignals @wiseshilling @EACinvestor @watesh @WillisOwiti @JuliusOnStocks @kahome_steve @alykhansatchu @HerbertKinyua1 @VickWealthHQ @LevelQue @Vickyjr

I've made more on stocks that went up 50% than on others that went up 3x Position sizing matters

@NSE_Investors If you look at that list and rank by ROE and shareholder returns, it would probably be reversed

What is your ideal return on equity for a bank in Kenya?

@NSE_Investors Let's invert. What is a bad ROE? Lower than 15 doesn't sound good. Additonally, a declining ROE doesn't sound good, unless there's a good reason e.g. acquisitions, building capital buffers Low and declining ROE + retaining more shareholder funds sounds like hell

“All intelligent people should think primarily in terms of opportunity cost. When deciding whether to do something compare it with the best opportunity you have.” ― Charles T. Munger

Too much negativity regarding the KPC IPO. For a lot of young people this could be their first introduction to the stock market. You don't have to buy a perfect company. You just have to start and improve as you go.

@JuliusOnStocks @TheAbojani @Vickyjr @mytradesignals @GathogoBMwangi @NSE_Investors @cleuveschahasi @GEORGEMORGAN_01 @WaruhiuFranklin @ChiboliS @EACinvestor @VictorOmondiCDS I don't understand analyzing P/B and ignoring the ROE. It matters a lot especially for banks the return they earn on the money they keep. IMO it matters even more than P/B

Bank Stock: P/B Ratios as at 13/02/2026 — Below Book Value: DTK 0.45 | IMH 0.76 | KCB 0.78 | BKG 0.94 — Fair Value: EQTY 1.00 — Above Book Value: COOP 1.06 | HFCK 1.17 | NCBA 1.23 | SBIC 1.44 | ABSA 1.70 | SCBK 2.00 Value hunters, any buys here? 👀 Courtesy of @TheAbojani