Hey, peeps r misleading u! There are many Kenyans who have made fortunes at NSE without ever having been to even nursery school! Use the money you would pay CFA fees with to start investing...experience is the best teacher! Unless of course u wanted to be a CFA when grew up!

@skylat you cant trade on the NSE just hoping to be lucky... i know ours is a basic exchange but if one doesnt want to flush his/her hard earned money down the toilet or seriously underperform the market then one needs at least basic accuonting and economic language...

that said i do admit that they are alot of people who invest with their eyes closed and make money but trust me one wouldnt want to play that game....

ai. kwani we cnt lol up in this.. it is much simpler to abbreviate stuff and this aint sm bizness meeting. as for the course, no need. common sense plus sm background research will suffice. cheers

@Youcant

Thanks. Illustration; recently while I was chasing a coupla cheques at thw registrars, I noticed this Mzee in his 70s who was being served next to me. He spoke kyuk and was humbly dressed.

An interpreter, I guess a relation, was explaining that the mzee had come to collect his div cheques. When I overheard the amount involved, I was really embarrassed. I whispered my thoughts to my clerk; that my only consolation was that when am 70 I might with luck, just pick up such a huge cheque with a bodyguard, not an interpreter.

She confided the Mzee has bought reasonable amounts of stocks across the board every month for decades with coffee proceeds. He trusts the index to go up, up and up! No NAVs, no PE no complicated ratios.

@Guru

Granted, the mzee is not a trader.

@All

Can the experts please advise on the ideal exit point for mumias? where is it leveling? 14? 15? 17? What do the magic graphs say please? Need to cash in, I cant wait till am 70.

@Guru

Loljavascript:insertsmiley('%20','/Images/Emoticons/msp_lol.gif')! Me still got two balls left, enough to wait until demand shows signs of letting. Thanks.

I think it is traders taking capital gains.

As much as i am not a trader i enjoy watching the ticker and making up theories, and testing them. For example i think, sometimes when the the big foreigners (wazungu ) are about to enter, brokers and bankers after receiving queries on cash transfers rapidly withdraw their speculative portfolios so as just to precede them slightly once they receive info on what the wazungu will buy. Hence the drop in the sweetest speculative stocks of recent (mumyash, thentum, coop, NIC, paka, kenre etc but not CFC and Sameer which i attribute to kichwa ngumu) All in all the only thing that is certain in the stock market is uncertainity....but in the long term though

Any speculations on this counter, al start camping outside my brokers office if it hits SH.17. OOOOOhhhhh!

Breakout happened for me. I got in at 11.1 got out at 13.65 and went into KENOL at 84.

Me thinks WTK,they report next month and THEY will be strong,perhaps a generous dividend payout,then Equity for half year.