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Elections and the NSE
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GenghisCapitalLtd
#1 Posted : Friday, January 13, 2012 12:59:03 PM

Rank: Bona-fide

Joined: 11/2/2011
Posts: 191
Location: Nairobi
Court announced their verdict today for the elections to be held in March 2013, what does that imply to the NSE? Is it positive news or investors will take it negatively since the constitution is not followed to the letter? Not really a political guy and don't like the idea that politics is a huge factor for an economy. Please let me know your thoughts especially hisah
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BGL
#2 Posted : Friday, January 13, 2012 1:18:49 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
GenghisCapitalLtd wrote:
Court announced their verdict today for the elections to be held in March 2013, what does that imply to the NSE? Is it positive news or investors will take it negatively since the constitution is not followed to the letter? Not really a political guy and don't like the idea that politics is a huge factor for an economy. Please let me know your thoughts especially hisah


NSE will be head-less and will continue to do a yoo-yoo and most likely go to 2000 points or there about. This judiciary is letting us down. We are still a banana republic if the Supreme court which includes the famous Nancy Barasa says no comment and the Constitutional court is indecisive. Only God will deliver us from these hyenas.

It also means Kibaki will be president of Kenya until June or July 2013. Nobody and i mean nobody (you can take this to the bank) can win outright majority (51%) in the first round. As Mutahi Ngunyi put it we will still have tribal blocks which will be even more bound by the ICC outcome.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Gordon Gekko
#3 Posted : Friday, January 13, 2012 1:39:26 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Markets will be depressed for longer - more time to accumulate. Good for investors looking for outsized returns in 2014smilesmile
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Fyatu
#4 Posted : Friday, January 13, 2012 2:04:30 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Gordon Gekko wrote:
Markets will be depressed for longer - more time to accumulate. Good for investors looking for outsized returns in 2014smilesmile



Yep! the more time to accumulate
Dumb money becomes dumb only when it listens to smart money
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mlennyma
#5 Posted : Friday, January 13, 2012 2:12:04 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
And why are kenyans election hungry and isaac hassan is warning he is not ready?lets move on there is no leadership vacuum,meanwhile baks wins bigtime.
"Don't let the fear of losing be greater than the excitement of winning."
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sky5
#6 Posted : Friday, January 13, 2012 2:37:31 PM
Rank: Member

Joined: 5/7/2010
Posts: 282
Location: Nairobi
mlennyma wrote:
And why are kenyans election hungry and isaac hassan is warning he is not ready?lets move on there is no leadership vacuum,meanwhile baks wins bigtime.


he should always be ready to conduct an election even within 90 days.
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2012
#7 Posted : Friday, January 13, 2012 2:37:45 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
GenghisCapitalLtd wrote:
Is it positive news or investors will take it negatively since the constitution is not followed to the letter?


I beg to differ with that comment. It's been followed to the letter! The constitutional court is recognised by the constitution and is allowed to give interpretation where there are conflicting issue in the constitution.

BBI will solve it :)
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  | | Edit by user: Friday, January 13, 2012 3:05 PM | Reason: Not specified
Cde Monomotapa
#8 Posted : Friday, January 13, 2012 2:57:31 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
mlennyma wrote:
lets move on there is no leadership vacuum,meanwhile baks wins bigtime.

KAZI IENDELEE!! I'm so jazzed! smile smile smile
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Cde Monomotapa
#9 Posted : Friday, January 13, 2012 3:01:35 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
On the bright side, GoK has more time to plan fiscally, fundraise e.t.c talk about kicking the can down the street! Laughing out loudly Laughing out loudly
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hisah
#10 Posted : Friday, January 13, 2012 3:08:25 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
On the bright side, GoK has more time to plan fiscally, fundraise e.t.c talk about kicking the can down the street! Laughing out loudly Laughing out loudly

aka extend and pretend till all resolves itself...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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