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Post Refurendum Stocks
oam
#1 Posted : Thursday, July 22, 2010 2:33:59 PM
Rank: New-farer


Joined: 7/20/2010
Posts: 17
Location: kenya
Which one will be mostly affected in case no wins .....and vice versa
Wa_ithaka
#2 Posted : Thursday, July 22, 2010 2:39:31 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
If No-ists win ata wazua will lose ma-fans. NSE stocks will take 15-20% hit
The Governor of Nyeri - 2017
mwenza
#3 Posted : Thursday, July 22, 2010 2:50:11 PM
Rank: Elder


Joined: 4/22/2009
Posts: 2,863
The consequences of a NO victory are too grave to contemplate.

Luckily, we shall not have a refUrendum soon.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
Fundaah
#4 Posted : Thursday, July 22, 2010 3:04:11 PM
Rank: Elder


Joined: 11/19/2008
Posts: 1,267
Wa_ithaka wrote:
If No-ists win ata wazua will lose ma-fans. NSE stocks will take 15-20% hit


It all depends on whether the results will be peaceful.....without violence a a higly unlikely 'No' win will lead to gradual decline in the NSE.....as investors will offload polepole.....the effects of violent 'No' win aftermath are just hard to contemplate....investors and kenyan economy kwisa...

the 'Nos' have ingiliad foreigners so much that no foreigner will be interested in putting off the fire....

Mbaya sana.....
Foreigners will be happy to lecture us....telling us ...'si tuliwaambia'....and mtajikaanga na mafuta yenu...

lakini I ask kwanini tujiingize kwa shimo tukiona....si we just vote .Yes' for the sake of our countrys ...investment future.....?
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
sheep
#5 Posted : Thursday, July 22, 2010 3:05:58 PM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
anyone who can remember what happened in the previous referendum,to the market in particular?

The market is not so simple,what everyone believes will happen is usually ignored

Just like 2008,there were myriad of reasons why the market was going down...mara safcon ipo,p.e.v,hague etc etc

The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
mnandii
#6 Posted : Thursday, July 22, 2010 3:32:03 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
sheep wrote:
anyone who can remember what happened in the previous referendum,to the market in particular?

The market is not so simple,what everyone believes will happen is usually ignored

Just like 2008,there were myriad of reasons why the market was going down...mara safcon ipo,p.e.v,hague etc etc



@sheep. Remember one simple fact. At referendum in 2005 we'd not yet gone through the agony of PEV and learnt its lessons. there4 no effect on NSE.

But with this referendum, EVERYTHING hangs in the balance. Remember too that without a new constitution we'll be in a vacuum? R u aware that the mandate of most commissions and especially the IIEC ends in DEC 2010?
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
StatMeister
#7 Posted : Thursday, July 22, 2010 4:00:54 PM
Rank: Veteran


Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
mnandii wrote:
sheep wrote:
anyone who can remember what happened in the previous referendum,to the market in particular?

The market is not so simple,what everyone believes will happen is usually ignored

Just like 2008,there were myriad of reasons why the market was going down...mara safcon ipo,p.e.v,hague etc etc



@sheep. Remember one simple fact. At referendum in 2005 we'd not yet gone through the agony of PEV and learnt its lessons. there4 no effect on NSE.

But with this referendum, EVERYTHING hangs in the balance. Remember too that without a new constitution we'll be in a vacuum? R u aware that the mandate of most commissions and especially the IIEC ends in DEC 2010?


Did we have ATS in May 2005? or were those the days a trade took 1 month to settle (if guys start off-loading today, you'd see the effect next month!)
A bad day fishing is better than a good day at work
2012
#8 Posted : Thursday, July 22, 2010 5:26:30 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Here's a quote from Warren Buffett's 'The Making of an American Capitalist' Autobiography'.

The state of the economy or political worries should never affect your decision whether to buy a stock. Forecasting is a waste of time, you should analyse a company and not an economy.

If a company has strong fundamentals it will wither through. It's value on paper might be affected temporally.

BBI will solve it
:)
the deal
#9 Posted : Thursday, July 22, 2010 5:34:00 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Go overdrive in buying goods when theres blood in the streets...
willin2learn
#10 Posted : Thursday, July 22, 2010 5:35:23 PM
Rank: Veteran


Joined: 2/12/2008
Posts: 1,178
Wa_ithaka wrote:
If No-ists win ata wazua will lose ma-fans. NSE stocks will take 15-20% hit


In other words for those of us who exited to come back after referundum are better of voting RED!
astute
#11 Posted : Thursday, July 22, 2010 5:36:00 PM
Rank: Member


Joined: 3/24/2010
Posts: 101
Location: Nairobi
2012 wrote:
Here's a quote from Warren Buffett's 'The Making of an American Capitalist' Autobiography'.

The state of the economy or political worries should never affect your decision whether to buy a stock. Forecasting is a waste of time, you should analyse a company and not an economy.

If a company has strong fundamentals it will wither through. It's value on paper might be affected temporally.



in other words, as investors we should identify the solid companies and in case the market is affected negatively, then we should buy more because it will be temporally!!! My worry is that if the vote sways for the NO, the future of Kenya will be bleak...not for the near future but at least for 7-10yrs..the Kenyan economy will be the shakiest in East Africa..
2012
#12 Posted : Thursday, July 22, 2010 6:05:59 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
the deal wrote:
Go overdrive in buying goods when theres blood in the streets...


Depends on how you look at it. A NO might just be a NO. As a matter of fact a YES vote is more likely to bring that blood on the street than a NO vote. Whichever way I don't anticipate a major decline in demand for goods and services, do you?

BBI will solve it
:)
Gordon Gekko
#13 Posted : Thursday, July 22, 2010 6:15:13 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
My disappointment is that schools are closing a week earleir. They had been scheduled to close on Aug 6th but they now close on July 30th. A week of buying three loaves of bread daily is the equivalent of a few KK shares....smile
StatMeister
#14 Posted : Thursday, July 22, 2010 6:21:30 PM
Rank: Veteran


Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
mwenza wrote:
The consequences of a NO victory are too grave to contemplate.

Luckily, we shall not have a refUrendum soon.


How so? A no will leave us without a new constitution, i.e. with the consitution we already have. What will change so fundamentally to cause a market crash?

In fact, a YES win means structural changes in government which may have SOME (not a lot of) effect on the markets, especially senior appointments and regulatory environment
A bad day fishing is better than a good day at work
Gatheuzi
#15 Posted : Thursday, July 22, 2010 6:38:15 PM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
I still think that the effect of YES or NO win will not be as catastrophic as PEV of 2007. We have no individuals involved here; just strong ideologies. I wish OCAMPO had already cracked the whip on some of the mpigs a**es!!!
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
VituVingiSana
#16 Posted : Thursday, July 22, 2010 6:42:47 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,136
Location: Nairobi
2012 wrote:
Here's a quote from Warren Buffett's 'The Making of an American Capitalist' Autobiography'.

The state of the economy or political worries should never affect your decision whether to buy a stock. Forecasting is a waste of time, you should analyse a company and not an economy.

If a company has strong fundamentals it will wither through. It's value on paper might be affected temporally.
He was discussing the USA not tinpot dictatorships or African countries... Look at Zimbabwe or Uganda or Somalia...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#17 Posted : Thursday, July 22, 2010 6:44:44 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
2012 wrote:
the deal wrote:
Go overdrive in buying goods when theres blood in the streets...


Depends on how you look at it. A NO might just be a NO. As a matter of fact a YES vote is more likely to bring that blood on the street than a NO vote. Whichever way I don't anticipate a major decline in demand for goods and services, do you?

With blood flowing in the Rift Valley...even the most defensive counter at the NSE will be for Sale...would you not go into a buying frenzy if KPLC dropped to 80 bob...
VituVingiSana
#18 Posted : Thursday, July 22, 2010 6:57:24 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,136
Location: Nairobi
I am conflicted... I want cheaper prices for the shares I want to buy but higher prices for the shares I already have...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
youcan'tstopusnow
#19 Posted : Thursday, July 22, 2010 7:02:13 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
I am conflicted... I want cheaper prices for the shares I want to buy but higher prices for the shares I already have...

Mtaka yote hu...
GOD BLESS YOUR LIFE
VituVingiSana
#20 Posted : Thursday, July 22, 2010 7:04:42 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,136
Location: Nairobi
youcan'tstopusnow wrote:
VituVingiSana wrote:
I am conflicted... I want cheaper prices for the shares I want to buy but higher prices for the shares I already have...
Mtaka yote hu...
I am like an MPig of the NSE...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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