@deal welcome back. I see the ulcers central has caught you attention

Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium.

This one is not yet over.

Fist it was the bear run.
The came warning by atleat 8 listed companies
Then came Brexit.
Then came interest caps
Yet to come elections 2017.

Any way don't worry the shares will be in the range of cents you may accumulate and you wish

The problem with most of the so-called "Investors" in this forum is that they are just short-term speculative traders looking for a cent here and a few shillings there in terms of capital gains. We need to focus more on whatever is happening now not in the context of how battered our portfolios are, but by how well-positioned we are in the face of this battering. Will KCB, COOP, EQTY, I&M et al sink into oblivion because of the Banking Amendment Bill? Certainly not. If you look at the same scenario in the long term, the bear is just doing what all bears do; offer you an opportunity to get more shares at hugely discounted prices. So if I may ask, you guys preferred buying Equity at Ksh. 40, KCB at Ksh. 32.50 etc last week but when the market offers the same to you at much lower prices you start whining and curse the bear? No wonder Michael Joseph said Kenyans are a peculiar lot. Five or so years from now, those who are whining about the bear will wish they were buying shares instead. And for guys wishing to take money out of the stock market and do business with, clearly you don't understand the essence of investing in the stock market; the bourse is where you keep money that you don't have immediate use for. If you are using business money (meant for active investments) to buy shares (passive investment), you're exposing yourself to paper loss. Stock market is for your savings...that's why it's a long term playstore.

It's hard to understand 'the sky is falling' kind of attitude currently engulfing the market. We should be celebrating the low/lower prices.

Other than crunching numbers, deducing charts or any other type of analysis, steely nerves are vital if one is to survive and thrive in the market.

I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.

What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.

Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.

How are you surviving?

good for you and the others mentioned in "we".

Cash is extremely hard to come by. Was at 35% down on average at some point. Came by a little cash and averaged down KCB from a high of 51 to 42. The rest of the counters are doing badly but now at least i'm at an improved situation of 20% down. I am not looking to add any new cash to the NSE but i will hold to what i have currently.

i am 35% down because of CIC and NIC and NIC seems to be headed even lower .

Poleni...