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DEFENSIVE STOCKS FOR THESE TOUGH ECONOMIC TIMES
kenyainvesting.blogspot.com
#1 Posted : Saturday, May 14, 2011 10:37:04 AM
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With the Kenyan economy being severely tested by high oil prices and insufficient rains, cautious investors might want to take a look at defensive stocks at the NSE

LINK: DEFENSIVE STOCKS AT THE NSE
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Jamani
#2 Posted : Saturday, May 14, 2011 10:48:26 AM
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Joined: 9/12/2006
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kenyainvesting.blogspot.com wrote:
With the Kenyan economy being severely tested by high oil prices and insufficient rains, cautious investors might want to take a look at defensive stocks at the NSE

LINK: DEFENSIVE STOCKS AT THE NSE


The link mentions tea and coffee as a must take at hard times, with this comes sugar, so can one regard Mumias as a defensive stock
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#3 Posted : Saturday, May 14, 2011 11:46:22 AM
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Jamani wrote:
kenyainvesting.blogspot.com wrote:
With the Kenyan economy being severely tested by high oil prices and insufficient rains, cautious investors might want to take a look at defensive stocks at the NSE

LINK: DEFENSIVE STOCKS AT THE NSE


The link mentions tea and coffee as a must take at hard times, with this comes sugar, so can one regard Mumias as a defensive stock

Mumias have all sorts of problems.
With the end of COMESA safeguards looming, they are yet to start implementing measures they had planned for years ago.
What happened to the TARDA Project?
The government through the Privatisation Commission is also delaying the sale of sugar millers, which Mumias has a keen eye on.
Plus not all people put sugar in their teasmile
What I had in mind was businesses that sell tea/coffee e.g Starbucks.

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For Sport
#4 Posted : Saturday, May 14, 2011 2:24:00 PM
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Also financial services :)
For Sport
#5 Posted : Saturday, May 14, 2011 4:25:54 PM
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Joined: 12/23/2010
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Mumias is still fine. We’re a net importer of sugar. International sugar prices have remained high (past 3 years). When (If) the COMESA safeguards are lifted, the Kenyan sugar industry will be adversly affected if international sugar prices drop. If the prices remain high, the sugar producing COMESA countries will likely sell their sugar on the international market where it will command a higher price. (European, American, Asian markets). So for Mumias, watch the international scene; not just the local madness.
sparkly
#6 Posted : Sunday, May 15, 2011 11:41:57 AM
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kenyainvesting.blogspot.com wrote:
With the Kenyan economy being severely tested by high oil prices and insufficient rains, cautious investors might want to take a look at defensive stocks at the NSE

LINK: DEFENSIVE STOCKS AT THE NSE

Where is NMG?
Life is short. Live passionately.
Cde Monomotapa
#7 Posted : Sunday, May 15, 2011 12:05:54 PM
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In addition to your choice of defensive stocks I think maintaining a stable state of mind through the period is of paramount importance!! Don't go jumping off cliffs especially over a stock that u neccessarily wouldn't sell during a Bull market!
Gadaffi
#8 Posted : Sunday, May 15, 2011 1:02:45 PM
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financials r a gud bet, bt again, not all. stanchart, nic, kcb can be my choice.
guru267
#9 Posted : Sunday, May 15, 2011 4:25:55 PM
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Definitely do not forget jubilee as the biggest defense... Look out for a thread I will post about the company and its share price
Mark 12:29
Deuteronomy 4:16
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#10 Posted : Sunday, May 15, 2011 11:08:09 PM
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sparkly wrote:
kenyainvesting.blogspot.com wrote:
With the Kenyan economy being severely tested by high oil prices and insufficient rains, cautious investors might want to take a look at defensive stocks at the NSE

LINK: DEFENSIVE STOCKS AT THE NSE

Where is NMG?

Don't newspaper sales go down during times of high inflation? What of advertising spend? That's why NMG and Scangroup posted excellent results over the past year cause the economy was doing brilliantly. As we enter a tough period, I'm not so sure about NMG's performance going forward
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#11 Posted : Sunday, May 15, 2011 11:10:46 PM
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Cde Monomotapa wrote:
In addition to your choice of defensive stocks I think maintaining a stable state of mind through the period is of paramount importance!! Don't go jumping off cliffs especially over a stock that u neccessarily wouldn't sell during a Bull market!

True! True! A sober mind is of utmost importance at all times in the stock market
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#12 Posted : Sunday, May 15, 2011 11:39:39 PM
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guru267 wrote:
Definitely do not forget jubilee as the biggest defense... Look out for a thread I will post about the company and its share price

These guys made a lot of money from their listed portfolio. What if the NSE slackens? Looking forward to your article
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#13 Posted : Sunday, May 15, 2011 11:44:24 PM
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For those in relationships and having difficulties in talking about money, you might be interested in my posy on managing money as a couple.

LINK: MANAGING MONEY AS A COUPLE
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mkonomtupu
#14 Posted : Monday, May 16, 2011 9:00:43 AM
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Location: River Road
I don't consider Kengen a defensive stock at this moment, with their debt ratio climbing from all the borrowing they will to consider a rights issue which IMHO will be a better entry point.
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