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Funeral Mass for NSE
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Queen
#11 Posted : Wednesday, March 08, 2023 10:24:30 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
VituVingiSana wrote:
My 2 cents wrote:
Dear Wazuans

You are all invited to the funeral mass of the NSE.
NSE caught a cold in 2015 and went into a coma in 2016.
NSE briefly recovered in 2017 only for his situation to deteriorate in 2018;only briefly recovering in 2019.
In 2020, covid striked and this sent NSE into another prolonged COMA. In 2021 he seemed to be recovering only to descend yet again in 2022. We had high hopes that he would recover post the 2022 elections unfortunately the high inflation rate in Kenya as well as the forex challenges have proved to be too much.

NSE has died.

He will be remembered as a person that have us a lot of joy (2012 - 2014) and lots of grief thereafter.

Please join me in mourning our dear NSE.

Prayers for the NSE's resurrection but for now we attend the funeral


You know things are thick when the usually detailed analyst VVS starts doing single-sentence posts,
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Queen
#12 Posted : Wednesday, March 08, 2023 10:27:02 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
My 2 cents wrote:
Queen wrote:
deadpoet wrote:
Dividend plays are the only thing that's left. Forget about the elusive capital appreciation, you'll sleep much better.


Exactly.

The other day he was talking of fundamental analysis, however if you attempt that in a bear market, NSE will show you dust.

You can never go wrong with dividend play during a suppressed market.


Dividends are the only reason I have held on. I would have sold otherwise. My point the other day was that high dividend stocks will yield income but cannot be relied on for explosive capital growth. High dividend payers are mature companies with limited growth opportunities.


Noted but capital gains have really come at a premium for well over 10 years now.
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Queen
#13 Posted : Wednesday, March 08, 2023 10:34:53 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
Sufficiently Philanga....thropic wrote:

Sadakaman has no appreciation nor comprehension of the NSE. He's a tenderpreneur per excellence!
Further, he doesn't seem to comprehend the consequences of his political interference in bluechip companies, CBK or the big companies owned by his perceived competitors!
We are back to the days of Moi, where we had the likes of Shariff Nassir, Francis Lotodo etc as not only cabinet ministers, but belonging to the kitchen cabinet.
Like i keep saying, we have gone a full circle in only 20 years!


The minute I saw Aisha Jumwa being appointed to the cabinet, I knew the Moi days are firmly back.
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Sufficiently Philanga....thropic
#14 Posted : Thursday, March 09, 2023 9:44:22 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Queen wrote:
Sufficiently Philanga....thropic wrote:

Sadakaman has no appreciation nor comprehension of the NSE. He's a tenderpreneur per excellence!
Further, he doesn't seem to comprehend the consequences of his political interference in bluechip companies, CBK or the big companies owned by his perceived competitors!
We are back to the days of Moi, where we had the likes of Shariff Nassir, Francis Lotodo etc as not only cabinet ministers, but belonging to the kitchen cabinet.
Like i keep saying, we have gone a full circle in only 20 years!


You have forgotten to mention the illiterate Mulu Mutisya who was once appointed to chair the KPLC board.

Thanks for the reminder.
No wonder guys would flock Nyayo house in the 90s for passport application and the US embassy, then in Haile Selassie Avenue, for an exit ticketsmile
@SufficientlyP
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My 2 cents
#15 Posted : Thursday, March 16, 2023 7:18:22 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
Yap. We buried NSE today.
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wukan
#16 Posted : Thursday, March 16, 2023 8:29:36 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,653
Funeral mass...really!! we said it on wazua that you needed to short the NSE by buying US $. No one listened back then now folks are pouring to the US $ instead of hedging.
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cyruskulei
#17 Posted : Friday, March 17, 2023 11:33:31 AM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
My 2 cents wrote:
Yap. We buried NSE today.




Its very sad indeed. Even the spaces we thought were safe are nolonger safe. I think trying different casinos including broth...1 can bring relief.

Am just lost and frustrated.
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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My 2 cents
#18 Posted : Friday, March 17, 2023 1:26:06 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
cyruskulei wrote:
My 2 cents wrote:
Yap. We buried NSE today.




Its very sad indeed. Even the spaces we thought were safe are nolonger safe. I think trying different casinos including broth...1 can bring relief.

Am just lost and frustrated.


Take heart Laughing out loudly
Be greedy when others are fearful.
Easy to say but mighty hard to practise.
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