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

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Joined: 11/2/2011
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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
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Joined: 10/11/2009
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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.
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Gordon Gekko
#3 Posted : Friday, January 13, 2012 1:39:26 PM
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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
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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
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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
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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
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Joined: 12/9/2009
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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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Cde Monomotapa
#8 Posted : Friday, January 13, 2012 2:57:31 PM
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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
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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
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Joined: 8/4/2010
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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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mlennyma
#11 Posted : Friday, January 13, 2012 3:10:01 PM
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Everybody is in the gvt,no opposition so they feel it hurts nobody...kenya will not be at stand still for the next one year,the wise investor will continue investing and let the cowards wait for 2014
"Don't let the fear of losing be greater than the excitement of winning."
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majimaji
#12 Posted : Friday, January 13, 2012 3:19:21 PM
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Joined: 4/4/2007
Posts: 1,162

The new constitution re-set the clock for Kenya politics. This ruling is not good news. The sooner we switch to re-set the better. In NSE and other property markets, we will now have a longer 'wait and see' period which is not good for investment. Some players in GoK circles will be tempted to fiddle with the economy and cover up for they have more time.
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Cde Monomotapa
#13 Posted : Friday, January 13, 2012 3:20:23 PM
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hisah wrote:
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...

Roger that!
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Cde Monomotapa
#14 Posted : Friday, January 13, 2012 3:22:32 PM
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mlennyma wrote:
Everybody is in the gvt,no opposition so they feel it hurts nobody...kenya will not be at stand still for the next one year,the wise investor will continue investing and let the cowards wait for 2014

!! AMEN !!
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Cde Monomotapa
#15 Posted : Friday, January 13, 2012 3:38:11 PM
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More time for M.E Kibaki to firm up his infrastructure legacy..oh yes..Kazi Iendelee!
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GenghisCapitalLtd
#16 Posted : Friday, January 13, 2012 4:09:22 PM

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Gordon Gekko wrote:
Markets will be depressed for longer - more time to accumulate. Good for investors looking for outsized returns in 2014smilesmile

like your optimism man and I do agree accumulate when prices are depressed people.
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GenghisCapitalLtd
#17 Posted : Friday, January 13, 2012 4:11:31 PM

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hisah wrote:
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...

Laughing out loudly Laughing out loudly Laughing out loudly
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
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GenghisCapitalLtd
#18 Posted : Friday, January 13, 2012 4:15:02 PM

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2012 wrote:
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.

My apologies. Could you explain the possible scenarios for me. What happens if M E Kibaki feels tired of all the bickering and resigns then elections will be held in the next 90 days even if Hassan isn't ready?
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
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GenghisCapitalLtd
#19 Posted : Friday, January 13, 2012 4:16:54 PM

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Joined: 11/2/2011
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Location: Nairobi
BGL wrote:
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.

I think the outcome of the ICC verdict next week will expose the tribalism in this country of ours. I pray for peace so that we can continue investing and accumulating
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
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Cde Monomotapa
#20 Posted : Friday, January 13, 2012 4:25:35 PM
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Joined: 1/13/2011
Posts: 5,964
GenghisCapitalLtd wrote:
2012 wrote:
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.

My apologies. Could you explain the possible scenarios for me. What happens if M E Kibaki feels tired of all the bickering and resigns then elections will be held in the next 90 days even if Hassan isn't ready?

Since when did Kibaki pay attn to noise? Where have U been? Laughing out loudly Laughing out loudly
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