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Dealing with Foreign Exchange Fluctuations
qw25041985
#21 Posted : Tuesday, February 22, 2011 8:08:55 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
erifloss wrote:
qw25041985 wrote:
lol ! i make my money from foreign exchange flactuations ( fx dealer) so u bet i want them to continue flactuatin...lol !

@qw, everything is not always about you @the deal asked for suggestions not gloating & that's what we should try to do!


with such a repsonce Mr. ericfloss . i can successfully conclude that you are totally blank on matters concerning forex trading...
It would be futile to argue w/ you are will be seen lowering my status and only causing myself much headache trying to expalin the basics of this nobel trade that is called fx trading.
I now deem it correct to tell you to style up and go read about fx trading then come back for argument w/ me .
Your future depends on your dreams so go to sleep !
Cde Monomotapa
#22 Posted : Tuesday, February 22, 2011 9:41:22 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde, the ZSE only trades for 1.5 hours a day?

hey Comrade indeed the trade is 1.5hrs over 75 counters! Was thre in Dec 2010 n they use OTC but in the process of automation n demutualisation by year end. The daily turnovr currently ranges btwn 1.5-3M per day which is set to improve with increasing liquidty in the macro economy. The oppurtunity lies in the current lack of pricing power.buy up great recovery assets @ "throw away" prices. Wachana na qw he is still thnkn Zim dollar era. Check out this company that turned over USD.250M but trading at MKT cap of USD120M www.meiklesinvestor.com. Or the property Co.s trading @ great discounts to NAV www.pearlproperties.co.zw & www.dawnproperties.co.zw. Cheers. The ZSE Mkt cap currently stands @ USD4.5B, GDP 6.2B
The Merchant
#23 Posted : Tuesday, February 22, 2011 11:31:41 AM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
Cde, the ZSE only trades for 1.5 hours a day?

hey Comrade indeed the trade is 1.5hrs over 75 counters! Was thre in Dec 2010 n they use OTC but in the process of automation n demutualisation by year end. The daily turnovr currently ranges btwn 1.5-3M per day which is set to improve with increasing liquidty in the macro economy. The oppurtunity lies in the current lack of pricing power.buy up great recovery assets @ "throw away" prices. Wachana na qw he is still thnkn Zim dollar era. Check out this company that turned over USD.250M but trading at MKT cap of USD120M www.meiklesinvestor.com. Or the property Co.s trading @ great discounts to NAV www.pearlproperties.co.zw & www.dawnproperties.co.zw. Cheers. The ZSE Mkt cap currently stands @ USD4.5B, GDP 6.2B

Amazing stuff. Please send me as much info as you've got on themerchant7448@gmail.com . Are you Zimbabwean? If not have you actually invested in this market and how are the returns? The stock look fairly priced (not as a measure of value but how much one can buy with Kenyan shillings!)d'oh!
Cde Monomotapa
#24 Posted : Tuesday, February 22, 2011 12:20:41 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
@ themerchant

[/quote]
Amazing stuff. Please send me as much info as you've got on themerchant7448@gmail.com . Are you Zimbabwean? If not have you actually invested in this market and how are the returns? The stock look fairly priced (not as a measure of value but how much one can buy with Kenyan shillings!)d'oh! [/quote]

U got that right...volumes are another attraction in that market. the number of units u'd get with a milli here as compared to there....figure out the rest.. sawa. i will hit you up. soon.

Mimi ni mkenya damu!! The capital just chases the returns where there are @.
the deal
#25 Posted : Tuesday, February 22, 2011 12:47:20 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
drake wrote:
the deal wrote:
im just from Barclays Bank Kenya, and they have agreed i can hedge the Rand vs Shilling all i need to do is open a business account with them...the Wazua spirit lives.


Barclays owe me commish Think

smile smile pole any bank you suggest apart from Barclay's? they're getting on my nerves...they say this..i bring..the next minute they're calling u saying they need that..they're BS.
The Merchant
#26 Posted : Tuesday, February 22, 2011 12:59:22 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
Cde Monomotapa wrote:
@ themerchant


Amazing stuff. Please send me as much info as you've got on themerchant7448@gmail.com . Are you Zimbabwean? If not have you actually invested in this market and how are the returns? The stock look fairly priced (not as a measure of value but how much one can buy with Kenyan shillings!)d'oh! [/quote]

U got that right...volumes are another attraction in that market. the number of units u'd get with a milli here as compared to there....figure out the rest.. sawa. i will hit you up. soon.

Mimi ni mkenya damu!! The capital just chases the returns where there are @.[/quote]
Thanks man....Ill be waiting.smile
youcan'tstopusnow
#27 Posted : Tuesday, February 22, 2011 4:22:40 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
Cde, the ZSE only trades for 1.5 hours a day?

hey Comrade indeed the trade is 1.5hrs over 75 counters! Was thre in Dec 2010 n they use OTC but in the process of automation n demutualisation by year end. The daily turnovr currently ranges btwn 1.5-3M per day which is set to improve with increasing liquidty in the macro economy. The oppurtunity lies in the current lack of pricing power.buy up great recovery assets @ "throw away" prices. Wachana na qw he is still thnkn Zim dollar era. Check out this company that turned over USD.250M but trading at MKT cap of USD120M www.meiklesinvestor.com. Or the property Co.s trading @ great discounts to NAV www.pearlproperties.co.zw & www.dawnproperties.co.zw. Cheers. The ZSE Mkt cap currently stands @ USD4.5B, GDP 6.2B

Thank you brother!
GOD BLESS YOUR LIFE
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