Wazua
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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obiero wrote:Ericsson wrote:Kenya's economy is entering a recession Correction.. Kenya's economy is in a recession What is a recession? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 13,709 Location: nairobi
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murchr wrote:obiero wrote:Ericsson wrote:Kenya's economy is entering a recession Correction.. Kenya's economy is in a recession What is a recession? A period when the economy of a country is not successful and conditions for business are bad
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment.
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Rank: Elder Joined: 6/23/2009 Posts: 13,709 Location: nairobi
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Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...ng-the-GDP-of-Kenya.html
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 13,709 Location: nairobi
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murchr wrote:obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest Which sector isn't affected? Retail-Uchumi, Nakumatt, Telco-Telkom, Safaricom, Commercial-Deacons, Express, KQ, Manufacturing, FTG, Construction-EAPC, ARM, Agricultural-LTK, Financial-HF, NBK, Family, Sidian, Energy -KEGN, KPLC, Investments-Olympia.. It's not all OK. The main problem is that KNBS doesn't release job data, which would show the truth. The fact that KRA collected less PAYE tax in 2017 than in the preceding 5 years tells a tale
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:murchr wrote:obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest Which sector isn't affected? Retail-Uchumi, Nakumatt, Telco-Telkom, Safaricom, Commercial-Deacons, Express, KQ, Manufacturing, FTG, Construction-EAPC, ARM, Agricultural-LTK, Financial-HF, NBK, Family, Sidian, Energy -KEGN, KPLC, Investments-Olympia.. It's not all OK. The main problem is that KNBS doesn't release job data, which would show the truth. The fact that KRA collected less PAYE tax in 2017 than in the preceding 5 years tells a tale @ Obiero, you are looking at the wrong place, check your status and precisely, and without an iota of doubt, you will realise your bedmate KQueer, has put u in recession for over two yrs now. Anyway, am at church trying to slay the demon that is inside your mate. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 13,709 Location: nairobi
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muandiwambeu wrote:obiero wrote:murchr wrote:obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest Which sector isn't affected? Retail-Uchumi, Nakumatt, Telco-Telkom, Safaricom, Commercial-Deacons, Express, KQ, Manufacturing, FTG, Construction-EAPC, ARM, Agricultural-LTK, Financial-HF, NBK, Family, Sidian, Energy -KEGN, KPLC, Investments-Olympia.. It's not all OK. The main problem is that KNBS doesn't release job data, which would show the truth. The fact that KRA collected less PAYE tax in 2017 than in the preceding 5 years tells a tale @ Obiero, you are looking at the wrong place, check your status and precisely, and without an iota of doubt, you will realise your bedmate KQueer, has put u in recession for over two yrs now. Anyway, am at church trying to slay the demon that is inside your mate. I could loose all the funds I have in the NSE and survive.. You may note that I am a husband and father. We eat daily, we pay the power and water bills, school fees at a prestigious academy, even go for bi-annual holiday. I lack nothing financial really
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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obiero wrote:muandiwambeu wrote:obiero wrote:murchr wrote:obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest Which sector isn't affected? Retail-Uchumi, Nakumatt, Telco-Telkom, Safaricom, Commercial-Deacons, Express, KQ, Manufacturing, FTG, Construction-EAPC, ARM, Agricultural-LTK, Financial-HF, NBK, Family, Sidian, Energy -KEGN, KPLC, Investments-Olympia.. It's not all OK. The main problem is that KNBS doesn't release job data, which would show the truth. The fact that KRA collected less PAYE tax in 2017 than in the preceding 5 years tells a tale @ Obiero, you are looking at the wrong place, check your status and precisely, and without an iota of doubt, you will realise your bedmate KQueer, has put u in recession for over two yrs now. Anyway, am at church trying to slay the demon that is inside your mate. I could loose all the funds I have in the NSE and survive.. You may note that I am a husband and father. We eat daily, we pay the power and water bills, school fees at a prestigious academy, even go for bi-annual holiday. I lack nothing financial really Ptho! If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/7/2012 Posts: 11,916
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Swenani wrote:obiero wrote:muandiwambeu wrote:obiero wrote:murchr wrote:obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest Which sector isn't affected? Retail-Uchumi, Nakumatt, Telco-Telkom, Safaricom, Commercial-Deacons, Express, KQ, Manufacturing, FTG, Construction-EAPC, ARM, Agricultural-LTK, Financial-HF, NBK, Family, Sidian, Energy -KEGN, KPLC, Investments-Olympia.. It's not all OK. The main problem is that KNBS doesn't release job data, which would show the truth. The fact that KRA collected less PAYE tax in 2017 than in the preceding 5 years tells a tale @ Obiero, you are looking at the wrong place, check your status and precisely, and without an iota of doubt, you will realise your bedmate KQueer, has put u in recession for over two yrs now. Anyway, am at church trying to slay the demon that is inside your mate. I could loose all the funds I have in the NSE and survive.. You may note that I am a husband and father. We eat daily, we pay the power and water bills, school fees at a prestigious academy, even go for bi-annual holiday. I lack nothing financial really Ptho! Jaruo yawa!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Angelica _ann wrote:Swenani wrote:obiero wrote:muandiwambeu wrote:obiero wrote:murchr wrote:obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest Which sector isn't affected? Retail-Uchumi, Nakumatt, Telco-Telkom, Safaricom, Commercial-Deacons, Express, KQ, Manufacturing, FTG, Construction-EAPC, ARM, Agricultural-LTK, Financial-HF, NBK, Family, Sidian, Energy -KEGN, KPLC, Investments-Olympia.. It's not all OK. The main problem is that KNBS doesn't release job data, which would show the truth. The fact that KRA collected less PAYE tax in 2017 than in the preceding 5 years tells a tale @ Obiero, you are looking at the wrong place, check your status and precisely, and without an iota of doubt, you will realise your bedmate KQueer, has put u in recession for over two yrs now. Anyway, am at church trying to slay the demon that is inside your mate. I could loose all the funds I have in the NSE and survive.. You may note that I am a husband and father. We eat daily, we pay the power and water bills, school fees at a prestigious academy, even go for bi-annual holiday. I lack nothing financial really Ptho! Jaruo yawa!!! #Cheersbaba 
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Rank: Elder Joined: 12/4/2009 Posts: 10,770 Location: NAIROBI
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obiero wrote:murchr wrote:obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest Which sector isn't affected? Retail-Uchumi, Nakumatt, Telco-Telkom, Safaricom, Commercial-Deacons, Express, KQ, Manufacturing, FTG, Construction-EAPC, ARM, Agricultural-LTK, Financial-HF, NBK, Family, Sidian, Energy -KEGN, KPLC, Investments-Olympia.. It's not all OK. The main problem is that KNBS doesn't release job data, which would show the truth. The fact that KRA collected less PAYE tax in 2017 than in the preceding 5 years tells a tale https://www.businessdail...6198-13bpcea/index.html
The government’s decision to increase kerosene prices by Sh18 per litre in an attempt to curb fuel adulteration and raise more revenues may have hit a snag, according the latest data. Kerosene, blamed as the key adulterant used by a cartel operating in several parts of the country, recorded close to a 40 per cent drop in sales in the month of September when the levy was loaded on pump prices. Diesel sales plunged 24 per cent, selling 58 million litres less. Another sign KE economy iko recession ndio hio Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,770 Location: NAIROBI
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obiero wrote:murchr wrote:obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest Which sector isn't affected? Retail-Uchumi, Nakumatt, Telco-Telkom, Safaricom, Commercial-Deacons, Express, KQ, Manufacturing, FTG, Construction-EAPC, ARM, Agricultural-LTK, Financial-HF, NBK, Family, Sidian, Energy -KEGN, KPLC, Investments-Olympia.. It's not all OK. The main problem is that KNBS doesn't release job data, which would show the truth. The fact that KRA collected less PAYE tax in 2017 than in the preceding 5 years tells a tale Very true,if KNBS was releasing data like they release in USA every month i.e with the following details; Job growth figures Unemployment rate Inflation Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Obiero, the NSE is not the economy. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 13,709 Location: nairobi
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murchr wrote:Obiero, the NSE is not the economy. I believe you have half a point.. The NSE is not the economy but is a significant barometer to the same
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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obiero wrote:muandiwambeu wrote:obiero wrote:murchr wrote:obiero wrote:Liv wrote:Recession is normally defined as a situation where the economy contracts (negative GDP growth) for at least 2 consecutive quarters.
Everybody including the IMF and the World Bank think Kenya is growing at circa 6% at the moment. @Liv that's the textbook definition. In reality, we see the listed and other firms that are sliding to loss territory or reduced revenue.. We see the layoffs. We see the auction notices http://www.ke.undp.org/c...g-the-GDP-of-Kenya.html Some companies and sectors not making money from this economy doesn't say much about a recession, they need to change and adapt to the new environment and make money like the rest Which sector isn't affected? Retail-Uchumi, Nakumatt, Telco-Telkom, Safaricom, Commercial-Deacons, Express, KQ, Manufacturing, FTG, Construction-EAPC, ARM, Agricultural-LTK, Financial-HF, NBK, Family, Sidian, Energy -KEGN, KPLC, Investments-Olympia.. It's not all OK. The main problem is that KNBS doesn't release job data, which would show the truth. The fact that KRA collected less PAYE tax in 2017 than in the preceding 5 years tells a tale @ Obiero, you are looking at the wrong place, check your status and precisely, and without an iota of doubt, you will realise your bedmate KQueer, has put u in recession for over two yrs now. Anyway, am at church trying to slay the demon that is inside your mate. I could loose all the funds I have in the NSE and survive.. You may note that I am a husband and father. We eat daily, we pay the power and water bills, school fees at a prestigious academy, even go for bi-annual holiday. I lack nothing financial really We eat daily.  we pay the power and water bills. school fees at a prestigious academy [Brookhouse is dope! Though Sabis is better value] even go for bi-annual holiday. Some of us can only aspire to live like you. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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When did Wazua go from discussing investment ideas, philosophies, financials, etc to a dick-measuring contest? Or I could be old school and my generation doesn't discuss "wealth" or "income" in public fora. I know folks who mention they bought a ka-shamba but not as a boast but to share knowledge. Somewhere along the way you find out it was a 200 acre ka-shamba and not a 1/4 acre plot that Maina Kageni pitches. I discuss my picks but I feel very uncomfy mentioning numbers unless they are (virtually) meaningless eg I still have some KenGen [odd lot] & less than 200 OCH in cert form. Once I met Kibuga Kimani. Serendipity. I did not know him from Adam. Humble guy. Quiet. He is passionate about Kakuzi and he has many other shares but he doesn't discuss what he has in terms of value. The group discussion, he was the "star", centered around Kakuzi's profitability and undervaluation. Anyway, different strokes for different folks. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,709 Location: nairobi
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VituVingiSana wrote:When did Wazua go from discussing investment ideas, philosophies, financials, etc to a dick-measuring contest?
Or I could be old school and my generation doesn't discuss "wealth" or "income" in public fora.
I know folks who mention they bought a ka-shamba but not as a boast but to share knowledge. Somewhere along the way you find out it was a 200 acre ka-shamba and not a 1/4 acre plot that Maina Kageni pitches.
I discuss my picks but I feel very uncomfy mentioning numbers unless they are (virtually) meaningless eg I still have some KenGen [odd lot] & less than 200 OCH in cert form.
Once I met Kibuga Kimani. Serendipity. I did not know him from Adam. Humble guy. Quiet. He is passionate about Kakuzi and he has many other shares but he doesn't discuss what he has in terms of value. The group discussion, he was the "star", centered around Kakuzi's profitability and undervaluation.
Anyway, different strokes for different folks. Whose dick is how long? This is interesting! If we can find out the exact number of shares of Jaswantrai Singh in Cables, Mike Maina in KQ or James Mwangi in EQTY, what's the fuss in declaration of own shares held.. We should avoid emotions, non issues 
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:When did Wazua go from discussing investment ideas, philosophies, financials, etc to a dick-measuring contest?
Or I could be old school and my generation doesn't discuss "wealth" or "income" in public fora.
I know folks who mention they bought a ka-shamba but not as a boast but to share knowledge. Somewhere along the way you find out it was a 200 acre ka-shamba and not a 1/4 acre plot that Maina Kageni pitches.
I discuss my picks but I feel very uncomfy mentioning numbers unless they are (virtually) meaningless eg I still have some KenGen [odd lot] & less than 200 OCH in cert form.
Once I met Kibuga Kimani. Serendipity. I did not know him from Adam. Humble guy. Quiet. He is passionate about Kakuzi and he has many other shares but he doesn't discuss what he has in terms of value. The group discussion, he was the "star", centered around Kakuzi's profitability and undervaluation.
Anyway, different strokes for different folks. You need friends from the lakeside to complete your outlook on life Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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