lochaz-index wrote:mlennyma wrote:Ericsson wrote:NSE 20 share index touches 3600 mark
Expect an hungry bull after good elections on the contrary expect a slaughter of this small calf looking like a bull
Let's forget about the elections (good or bad that is) for a minute, what is your reading of the underlying KE fundies in addition to the accompanying policy directions?
This is my naive and impromptu answer.
I think the financial and technology sectors are poised for growth.
1 - The fundamentals are solid - (The digitization of services neutralized rate-caps, as you have seen, the income statements have remained the same, and will only get better once the population gets a firm grip on electronic banking)
2 - The regulation is proper
3 - The population can't get enough of these services.
Bull or not, you will not go wrong with these sectors, esp in the long term.
The energy sector would be another utopia were it not for government interference and incompetence (looking at you KPLC).