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Madness at the NSE
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VituVingiSana
#1221 Posted : Monday, July 02, 2018 3:38:32 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
wukan wrote:
Ericsson wrote:
Second half begins today. What are the projections
It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000
Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories.
I mentioned this a while back and vvs was a fierce opposer.How times change
Nonsense. I never opposed local manufacturing. I oppose subsidies to some sectors/firms. GoK should create an enabling environment NOT provide subsidies and favor some over others. Equal treatment of all manufacturing sectors in terms of taxation.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#1222 Posted : Monday, July 02, 2018 3:50:09 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
The bear is on a run looking to devour somebody
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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muandiwambeu
#1223 Posted : Monday, July 02, 2018 9:26:58 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
The bear is on a run looking to devour somebody
This one has been quite and stealth, one and now Ericson do mention the bear is here with us squarely. Where is @munandii and those Fibonacci numbers. Sad Sad Sad concrete pouring coming to an end very fast. Nah, bumbala bumbala bububuLaughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
,Behold, a sower went forth to sow;....
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georgegop
#1224 Posted : Tuesday, July 03, 2018 7:38:51 AM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
Kwani is this an endless bear?..
Don't Work for Money, Let Money Work for You..
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sparkly
#1225 Posted : Tuesday, July 03, 2018 8:36:45 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
wukan wrote:
Ericsson wrote:
Second half begins today. What are the projections
It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000
Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories.
You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ.
Life is short. Live passionately.
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VituVingiSana
#1226 Posted : Tuesday, July 03, 2018 9:33:06 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
sparkly wrote:
VituVingiSana wrote:
wukan wrote:
Ericsson wrote:
Second half begins today. What are the projections
It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000
Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories.
You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ.
My bad! When did KQ get into manufacturing anything but losses?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#1227 Posted : Tuesday, July 03, 2018 10:14:24 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
wukan wrote:
Ericsson wrote:
Second half begins today. What are the projections
It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000
Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories.
You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ.
My bad! When did KQ get into manufacturing anything but losses?
Obiero you aren't alone on vvs issues.We are many.
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Superprime1
#1228 Posted : Tuesday, July 03, 2018 10:46:37 AM
Rank: Member

Joined: 5/2/2018
Posts: 267
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
wukan wrote:
Ericsson wrote:
Second half begins today. What are the projections
It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000
Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories.
You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ.
My bad! When did KQ get into manufacturing anything but losses?
Wondering about the same: protecting Kenyan skies for KQ Vs encouraging manufacturing/value addition are totally different. In my layman's understanding, the impact of the latter would be immense for the economy (think jobs & disposable incomes, higher export income that would calibrate the country's Balance of Trade etc.). KQ just needs to be competitive and move away from Naikuni & co. 'strategies' that flew it into the red.
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obiero
#1229 Posted : Tuesday, July 03, 2018 11:24:47 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
Ericsson wrote:
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
wukan wrote:
Ericsson wrote:
Second half begins today. What are the projections
It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000
Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories.
You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ.
My bad! When did KQ get into manufacturing anything but losses?
Obiero you aren't alone on vvs issues.We are many.
@vvs was battered and bruised senselessly by KQ. He has nightmares about it ever since and brings it up at all kinds of discussions.. Which I fully understand. Buying extra high and selling extra low can make anyone go insane and/or bitter at the world in general
COOP, IMH, KEGN, KQ, MTNU
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VituVingiSana
#1230 Posted : Tuesday, July 03, 2018 1:07:43 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
wukan wrote:
Ericsson wrote:
Second half begins today. What are the projections
It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000
Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories.
You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ.
My bad! When did KQ get into manufacturing anything but losses?
Obiero you aren't alone on vvs issues.We are many.
@vvs was battered and bruised senselessly by KQ. He has nightmares about it ever since and brings it up at all kinds of discussions.. Which I fully understand. Buying extra high and selling extra low can make anyone go insane and/or bitter at the world in general
Laughing out loudly Laughing out loudly Laughing out loudly I am out of KQ except for my indirect holdings via taxpayer and KQLC. The crooks like Mbugua and Naikuni are running free which is very sad. As for folks on my case, Laughing out loudly Laughing out loudly Laughing out loudly like I give a rat's bum Applause Applause Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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