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@primescoopke

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3,790
Following
912
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4,055
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It's a new season. Now talking about a different thing.

Joined March 2016
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@primescoopke
Prime Scoops
5 years
An Ethiopian Company, Ethiopian Airlines, is allowed to transport cargo in and out of Kenya yet we have KQ. While a Kenyan company, Safaricom, was denied entry into Ethiopia. Is it because of cost effectiveness or the legal structures in both countries?
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@primescoopke
Prime Scoops
6 years
NIC Bank and CBA are set to merge. How do the two 2nd tier banks compare? Here are the numbers according to Abojani. @Ochirob @franklin_mutua
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@primescoopke
Prime Scoops
5 years
Bob Collymore is set to leave @SafaricomPLC after nearly a decade. Have a look at some of his achievements up to date. Data by #Abojani . @Ochirob @franklin_mutua
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@primescoopke
Prime Scoops
1 year
When you invest in assets you get money. When you invest in others you get friendships, networks & strong relationships. When you invest in yourself you get skills, confidence, purpose, meaning & wealth. Open savings & investments accounts, set fixed amounts & be consistent.
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@primescoopke
Prime Scoops
1 year
Don't put off investing while waiting until you make more money. Investing Sh 500/month in your 20's is like investing Sh 5K in your 40’s. The power of compound interest. The more time you give your money to grow, the less you need to start with. Open that MMF or CDS account.
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@primescoopke
Prime Scoops
7 years
Planning to invest in the stock market, ie @NSEKenya ? Buying shares or bonds? DM or email info @primesecurities .co.ke comment below any challenge you might be facing and we'll help you out. Via @franklin_mutua
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@primescoopke
Prime Scoops
1 year
You can only have one day job, a standard 8am-5pm. But you can own as many rental properties, stocks, businesses, and other cash flowing assets as you want. Your absence from your job may lose you some pay, but your assets don't take leave off work. @cheruiyotkb @TheAbojani
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@primescoopke
Prime Scoops
1 year
When it comes to investing, don’t compare yourself to someone who has been doing it for 10+ years. Just get started, even if it’s only Sh 1000 a month. Open a SACCO and money market account. You will be happy you did a few years later when the compounding growth starts to show.
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@primescoopke
Prime Scoops
5 years
KCB and Equity recently released their H1 2019 results. Have a look at how the numbers compare. Compiled by #Abojani . @Ochirob @franklin_mutua @alykhansatchu @MihrThakar @WilliamMomanyi4
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@primescoopke
Prime Scoops
1 year
Investing is a habit. Not just something you do once but something you do consistently; month in, month out. If you start investing Sh 2000 a month at age 25, you will appreciate the returns & other benefits more and you will be encouraged to invest Sh 5000 or more by age 35.
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@primescoopke
Prime Scoops
1 year
Time will always be any investor's biggest asset. Young investors, especially, have it as the single most valuable resource. Compound interest and dividend reinvestment are proven methods of building long-term wealth. At what age did you start investing?
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@primescoopke
Prime Scoops
1 year
Financial literacy is the cornerstone of financial freedom. The more you know about personal finance and investing, the better decisions you can make.
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@primescoopke
Prime Scoops
1 year
Signs of financial irresponsibility- 1. Living beyond your means 2. Caring more about looking rich 3. Seeing no problem carrying high interest mobile loans 4. Having a poor credit score 5. Being off target regarding major financial goals like retirement
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@primescoopke
Prime Scoops
5 years
Rest in Peace Bob Collymore. His contribution to Safaricom will remain unmatched. Sound corporate governance and great customer service were his tenets. Have a look at Safaricom's share price since he took over from Michael Joseph. @franklin_mutua @MihrThakar @Ochirob @nderi_j
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@primescoopke
Prime Scoops
5 years
Kenya Airways has finally bowed to pressure and suspended flights to and from #GUANGZHOU because of the #coronavirus . How will this affect it's share price? KQ's share price has risen from a low of Kes 2 to a high of Kes 2.54 in January. 27% gross return #CoronaVirusKenya
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@primescoopke
Prime Scoops
7 years
Is #investing one of your #resolutions2018 ? Think of the stock market .In 2017, although it was an electioneering year in Kenya, listed companies had an average Return On Investment of around 30%. This year the market will perform better than 2017. Via @franklin_mutua . @NSEKenya
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@primescoopke
Prime Scoops
2 years
A perfect opportunity for Kenyans, young investors, University students, and College students to learn about the operations of the stock market as they horn their investing skills. The NSE Challenge is back. @AIB_AXYSAfrica @NSE_PLC @franklin_mutua
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@primescoopke
Prime Scoops
1 year
At the age of 25, focus on your health, wealth, income, skills, and knowledge. Don't go into your 30s without ticking off improvement in these areas.
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@primescoopke
Prime Scoops
1 year
You are the most important person in your organization. You are the: • Chief Executive Officer • Chief Financial Officer • Chief Operating Officer • Chief Information Officer That organization is your LIFE. Do not delegate functions!
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@primescoopke
Prime Scoops
5 years
Congratulations Ruth Chepngetich for winning the women’s marathon. You have made Kenya proud again👏👏 #WorldAthleticsChamps #Doha2019 #KOTLoyal #KOTLoyals
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@primescoopke
Prime Scoops
7 years
Is #investing one of your #resolutions2018 ? Think of the stock market .In 2017, although it was an electioneering year in Kenya, listed companies had an average Return On Investment of around 30%. This year the market will perform better than 2017. Via @franklin_mutua . @NSEKenya
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@primescoopke
Prime Scoops
1 year
Being debt free and living life in your own terms takes the following: •Budgeting •Saving money •Paying off debt •Investing wisely •Building multiple income streams •Staying focused on what matters #SaccoSavings #ShareCapital
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@primescoopke
Prime Scoops
1 year
Investing when you are young not only benefits you from compounding interests; one other benefit is being able to make investing a habit before life gets complicated.
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@primescoopke
Prime Scoops
1 year
Tomorrow, we will do a thread of problems people face with SACCOs and their solutions. RT
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@primescoopke
Prime Scoops
1 year
The 4 #M 's of Money: 💰 Make 💰 Manage 💰 Multiply 💰 Maintain @cheruiyotkb @wiseshilling
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@primescoopke
Prime Scoops
1 year
Doing these things in your 20s will set you towards financial independence: - Track income - Track spending - Increase income - Invest for retirement - Have an emergency fund - Spend less than you make - Don't compare yourself to others - Find friends who care about money
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@primescoopke
Prime Scoops
1 year
The goal is to make your money work for you, rather than you working for your money. By investing your time wisely to generate passive income, you can eventually reach a point where your earnings from these investments match your salary, providing financial freedom & flexibility.
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@primescoopke
Prime Scoops
4 years
Here is the HomeBoyz income statement for the last 5 years. What's your take for 2020?
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@primescoopke
Prime Scoops
1 year
3 areas you should invest your money for long-term returns: •Education for lifelong learning •Health and fitness for well-being •Time-saving services to focus on what truly matters Your spending habits reflect your values. Make them count.
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@primescoopke
Prime Scoops
1 year
This month [September], making a resolution to do the following will get you intimate with your money: -Write down every shilling you make -Write down every shilling you spend -Wait 72 hours before buying non-essentials Saving and investing money will naturally come after this.
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@primescoopke
Prime Scoops
1 year
In the past, people were judged successful through: - Luxuries - Job Titles - Materialism Today, success is measured by: - Investments - Connections - Time Freedom
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@primescoopke
Prime Scoops
1 year
If you are not leveraging on other people's money, knowledge and experience, then you are working harder than you should to earn less than you deserve. Your own limited resources will take longer time to sweat assets/wealth for you.
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@primescoopke
Prime Scoops
2 years
KPLC shares demand is through the roof. As at 1200hrs, it was the top gainer (+10%). Image: @NSE_PLC website
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@primescoopke
Prime Scoops
6 years
By now, most of the listed companies at the NSE have announced their 2018 FY performance. Here is a snippet of how they performed. Join our April Abojani Masterclass beginning today for more details. Contact @Ochirob @franklin_mutua for more. cc @coldtusker @jumaf3
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@primescoopke
Prime Scoops
1 year
One of the greatest gifts you can give yourself is to learn about money and how to achieve true financial independence. Teach yourself to: 1. Save more than you spend. 2. Start investing early. 3. Invest consistently. 4. Diversify investments 5. Grow wealth, not your ego.
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@primescoopke
Prime Scoops
1 year
Build a strong financial foundation: • Prioritize budgeting • Have an emergency fund • Earn more than you spend • Create more sources of income • Reinvest your SACCO dividends • Automate savings & investments @cheruiyotkb @wiseshilling #wealthmanagement #investing
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@primescoopke
Prime Scoops
5 years
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@primescoopke
Prime Scoops
1 year
"It's not your salary that makes you rich, it's your spending habits." - Charles A. Jaffe • Budget • Set goals • Track spending • Pay yourself first What other good money habits are you picking? @franklin_mutua @cheruiyotkb @wiseshilling
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@primescoopke
Prime Scoops
4 years
With stockbrokers selling/reducing their stakes in the NSE and even one broker closing business in Kenya, what is the future of this industry? What is ailing the industry? @franklin_mutua @MihrThakar @nderi_j
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@primescoopke
Prime Scoops
1 year
How many months worth of personal expenses should you have in your emergency fund?
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@primescoopke
Prime Scoops
5 years
Safaricom rallied to a YTD high yesterday of Kes 29.85. Its FY 2019 ended on 31st March. Have a look at its past performance since since 2010 and predict rgr results. Data compiled by #Abojani . @Ochirob @franklin_mutua
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@primescoopke
Prime Scoops
1 year
Your inner circle is the easiest way to curate a better, more successful version of yourself. The sheer presence, energy and ideas of intelligent and successful people will rub off on you. You are the average of the five people you spend your time with.
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@primescoopke
Prime Scoops
1 year
Never diversify ignorance by doing so many things in the name of risk management. It is a sign that you are not sure of what you are doing. This will limit growth while giving an illusion of safety. @cheruiyotkb @wiseshilling
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@primescoopke
Prime Scoops
5 years
From #Abojani , have a look at former Safaricom CEO Bob Collymore's contribution to the telecommunication giant. May he Rest In Peace @Ochirob @franklin_mutua @alykhansatchu @WilliamMomanyi4 @MihrThakar
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@primescoopke
Prime Scoops
1 year
Whereas a daily job provides stable cash flow, investing will accelerate the growth of your money over time. Normalize spending less than you earn and consistently invest the difference. Growing your income streams through investing is the key to building long-term wealth.
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@primescoopke
Prime Scoops
11 months
Getting money requires taking risks, being optimistic, and putting yourself out there. Keeping money requires the opposite. It requires humility, and fear that what you’ve made can be taken away from you just as fast.
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@primescoopke
Prime Scoops
1 year
#PersonalFinance Which of these do you follow religiously? #TruthfulTuesday
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@primescoopke
Prime Scoops
1 year
I recall when I began my journey to educate myself about investing in the stock market. It wasn't easy to grasp all the concepts at first. However, I discovered a wealth of knowledge on X through excellent posts, which were incredibly helpful in my learning process. 1/n
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@primescoopke
Prime Scoops
1 year
Before making any investment decisions, make sure to thoroughly research the companies and sectors you are interested in. Knowledge is your best asset 📚
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@primescoopke
Prime Scoops
1 year
If they only taught these life skills in school: • Finances • Social skills • Networking • Negotiations • Body language • Online business
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@primescoopke
Prime Scoops
1 year
First thing to setup is an emergency fund with 3 months living expenses. This fund should not be touched for anything other than a real emergency like a job loss or medical emergency.
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@primescoopke
Prime Scoops
1 year
Financial freedom is less about luck and more about disciplined choices. It's a continuous cycle of earning, saving, and investing that leads to long-term wealth. Rule #1 : Spend less than you earn. Rule #2 : Invest the surplus wisely. Rule #3 : Repeat!
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@primescoopke
Prime Scoops
2 years
Good #thursdaymorning . Top in Business Today: 1. China fined Kenya Sh1.31bn for defaulting on SGR loans in the yr ended June, highlighting the country’s struggles with the mounting public debt. - @BD_Africa
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@primescoopke
Prime Scoops
6 years
Attend online classes and learn more about the stock exchange. Contact @Ochirob for details. cc @franklin_mutua @MihrThakar Please RT
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@primescoopke
Prime Scoops
5 years
Safaricom's revenue from Mpesa, Voice and Mobile Data has been increasing over the past 5 years. However, data from CA shows that its market share of voice traffic has decreased by 4%. This plus more in our tomorrow's article on Safaricom, Airtel - Telkom merger. @franklin_mutua
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@primescoopke
Prime Scoops
2 years
Investors have sold Sh285.8 million worth of EABL shares in profit-taking trades since Diageo Plc made an offer to raise its stake in the Nairobi Securities Exchange-listed firm at a price of Sh192 per share. The share price as of Friday COB was Sh167.25.
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@primescoopke
Prime Scoops
1 year
The better you are at managing your income and expenses, the better you will be at managing your investments and financial freedom goals. @cheruiyotkb @wiseshilling
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@primescoopke
Prime Scoops
1 year
The formula is simple: save more than you spend. Invest the difference in real assets like stocks and SACCO share capital.
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@primescoopke
Prime Scoops
6 years
Barclay's bank of Kenya announced its results for the year ended 31st Dec 2018. A final dividend of Kes 0.9 will be paid on May 29th. Dividend yield is 7.5% making it a very good buy at the current price of Kes 11.90. @franklin_mutua
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@primescoopke
Prime Scoops
6 years
Sprire bank was acquired by teachers through Mwalimu Sacco in 2015. Today, it was reported that loses had wiped off the bank's capital. #Abojani has compiled its numbers since 2012. @Ochirob @nderi_j @alykhansatchu @RichTvAfrica @franklin_mutua
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@primescoopke
Prime Scoops
1 year
Being consistent in investments beats huge one-time deposits into investments. Staying invested long enough will lead to overall asset growth.
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@primescoopke
Prime Scoops
1 year
What personal experience made you say this to yourself: “I need to make money” #TruthfulTuesday
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@primescoopke
Prime Scoops
1 year
@cheruiyotkb 🙏 If you spend the same amount of time studying, learning, earning and investing - as you do wasting time, gossiping, day-dreaming, and spending - your life would do a 360.
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@primescoopke
Prime Scoops
5 years
The handshake between Raila Odinga and President Kenyatta has been crucial for the improvement of Kenya's economic conditions. Inflation down from 6.3% to 5.0% #KOTLoyals #KOTLoyal
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@primescoopke
Prime Scoops
1 year
If you are patient with your investments, you are already winning because other people give up when they don't see results immediately. Wealth is not built over night. Wealth is built over time. You win in the long term when you practice consistency and patience.
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@primescoopke
Prime Scoops
5 years
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@primescoopke
Prime Scoops
4 years
Knowing when to exit is as important as knowing what to buy. Some speculators who bought KQ shares recently will be surprised. Credits @tradingroomke
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@primescoopke
Prime Scoops
1 year
About SACCOs In this thread, I will try to explain most of the things about SACCOs. From requirements to join, challenges people face & their solutions to the regulation. Kindly RT for someone to get help Thread 🧵
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@primescoopke
Prime Scoops
1 year
The mindset of paying oneself first by setting aside savings or investments before spending is a cornerstone of building wealth over time. Financial discipline and a focus on assets that grow or provide passive income can create a foundation for long-term financial stability.
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@primescoopke
Prime Scoops
1 year
True wealth lies in personal growth and fulfillment, not flaunting depreciating stuff. Investment in quality health care, education and meaningful experiences, rather than flashy possessions, are indicators of true wealth. #WealthCreation @cheruiyotkb
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@primescoopke
Prime Scoops
6 years
What is the difference between KCB and Equity Bank's books? Abojani has the numbers. @Ochirob @lynn_lyviah @oloojl @haiyay
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@primescoopke
Prime Scoops
1 year
After the Safaricom Dividend, here is another rare opportunity to make money from the stock market. @CMAKenya approved @icealion to buy ilam Fahari I-Reit at Kes 11. From the picture below, people are selling at 8.64. Buy at 8.64 and wait to be bought out at 11. A cool 25%+
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@primescoopke
Prime Scoops
11 months
The wealthy make money work for them by focusing on creating passive income streams that generate cash flow, such as through investments in real estate, stocks, or businesses. Acquire assets, not liabilities.
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@primescoopke
Prime Scoops
6 years
For news/information about the stock market ( @NSE_PLC )and how to invest in it, follow @PrimeSecKe and @franklin_mutua
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@primescoopke
Prime Scoops
5 years
The cost of a KQ share. Inclusive of the brokerage fees😂
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@primescoopke
Prime Scoops
4 years
Kenya Airways share price has risen by 42.7% between 30th April and 8th May👏🏽
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@primescoopke
Prime Scoops
1 year
Take care of your credit score. Pay your bills on time, keep overdraft balances low, and review your credit report regularly to maintain a healthy credit profile. #BorrowWiselyRepayPromptly
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@primescoopke
Prime Scoops
1 year
Visit . It's not only a platform for SACCO members to list shares they are buying or selling but also, a platform for SACCO members to meet, know each other and guarantee each other for loans. Something new in the market.
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@primescoopke
Prime Scoops
5 years
Thomas Cook wrote off £1 bn investment in MyTravel Group in May 2019. Kenya Airways bought 2 planes at Kes 2bn for it's Project Mawingu and sold them for Kes 210 million. @Ochirob @alykhansatchu @tradingroomke @WilliamMomanyi4 @ChiboliS @oloojl #KOTLoyals #KOTLoyal
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@primescoopke
Prime Scoops
1 year
3 reasons to sell your stocks: 1. You need money to finance a project. 2. You made a poor choice or have lost conviction in your investment. 3. Your investment outperformed and you seek to rebalance your portfolio. What are your reasons for selling?
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@primescoopke
Prime Scoops
1 year
Good investors understand the power of compounding returns over time. They are patient with their investments, allowing them to grow steadily and take advantage of the compounding effect. Buy Sacco share capital, earn dividends and reinvest in stocks and unit trust funds.
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@primescoopke
Prime Scoops
6 years
Those who have not yet bought NIC bank's shares might just be late for the party. @franklin_mutua @Ochirob @alykhansatchu @nderi_j
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@primescoopke
Prime Scoops
6 years
How has the Nation Media Group performed over the last 5 years? And what do you expect in 2018? Here is what Abojani has. @Ochirob @franklin_mutua
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@primescoopke
Prime Scoops
1 year
Learn to live below your means before you earn more. You can earn all the money in the world. But you can't out-earn your careless money habits. #smartmoney
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@primescoopke
Prime Scoops
4 years
What did Homeboyz do to significantly reduce the cost of services in 2019 considering there was not any purchase of movable asset in the last 5 years?
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@primescoopke
Prime Scoops
1 year
@cheruiyotkb 🗝️Start small. 🗝️Don't make too much noise on what you intend to achieve. 🗝️Build milestone and set the pace. 🗝️Use salary income to fund it. 🗝️Dedicate weekends to run marketing or build. 🗝️If you fail, no one knows you failed hence no ridicule.
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@primescoopke
Prime Scoops
11 months
@cheruiyotkb Every salary is an opportunity to improve your personal finance situation. Use it as a seed to create an orchard of fruit trees like SACCO deposits, share capital, stocks, bonds, MMF, etc.
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@primescoopke
Prime Scoops
1 year
Everyone should think about ways of generating multiple streams of income. For the employed, it doesn't sound right to earn a salary income alone. Even the wealthiest persons are always looking for ways to create and increase their cash flows and income. #SafaricomDividends
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@primescoopke
Prime Scoops
1 year
@cheruiyotkb @TheAbojani lessons we should never forget, pay your self first, save before spending not save what is left after spending
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@primescoopke
Prime Scoops
5 years
#RamadanMubarak to the Muslim community
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@primescoopke
Prime Scoops
5 years
Safaricom finally gets the full control of M-Pesa.
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@primescoopke
Prime Scoops
1 year
The best investment strategy is often the one that aligns with your personal understanding and life rhythm. Overcomplicating can lead to confusion and inconsistency. Keep it simple, remain consistent, and watch your investments grow over time.
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@primescoopke
Prime Scoops
5 years
We cannot insist on old ways of learning if we want everyone to learn about the Financial Markets . Contact @Ochirob @franklin_mutua
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Prime Scoops
1 year
@cheruiyotkb Why building an emergency fund is crucial: - Gives you peace of mind. Knowing you have a financial cushion to fall back on can help you sleep better at night. - Helps you avoid debt. If you have an emergency fund, you won't have to borrow loans to cover unexpected expenses. 1/2
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@primescoopke
Prime Scoops
1 year
@cheruiyotkb @wiseshilling Emotional spending keeps most people poor. When we are feeling stressed, sad, or lonely, we are more likely to make impulsive purchases. These purchases may make us feel better in the moment, but they are the reason so many of us stay poor.
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@primescoopke
Prime Scoops
1 year
Set a time frame like the next 3 months to focus your energy on: 💸 Saving money 👩‍💻 Building a side hustle 📚 Learning a new skill 📈 Paying off debt
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@primescoopke
Prime Scoops
2 years
KPLC has been the top gainer in the @NSE_PLC this week. Is it a value stock or value trap? A very informative thread by @kahome_steve
@kahome_steve
Gichuki Kahome
2 years
This week, KPLC was the top gainer in the NSE rising by 23.13% this week. It's also up 15% YTD. Did Ndidi Nyoro finally convince Kenyan investors that KPLC is a value stock and not a value trap? A few thoughts:👇👇
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