Wazua
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Why investing in the NSE is fool's gold and a waste
Rank: Member Joined: 2/20/2007 Posts: 767
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The problem with stock investing is that most people believe its about timing the market and predicting the trend of individual stock prices. Experienced fund managers will tell you its about deciding what market cycle you are in and investing in the stock market as a whole. People who believe they can pick a winning stock usually lose or cannot do it consistently over the long term, thus if you track them for say 10yrs they actually do worse than the market trend. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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EGM Securities Ltd the online forex broker has published its 6 months results. Brokerage commissions at 94,769,000, profit after tax 20,368,000.
NSE with its moribund derivatives market can't even compare. Young kenyans are speculators and traders. NSE needs to learn, day trading and lower the brokerage commissions and levies.
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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The problem with NSE "investing" in Kenya is very simple. 1. 95% percent of "investors" in it have no clue whatsoever what they are doing. Most cannot even tell an income statement from their left thumb. This by definition causes a rational person who sifts through balance sheets, crunches ratios and does their securities analysis by the book to be at an extreme disadvantage. You cannot analyse an irrational market rationally. That by definition would be financial suicide. 2. NSE itself has compounded the problem of irrationality by making real time market information on stock prices proprietary. If real time info on stock prices is NOT provided to the entire market of "investors" except after the fact, it is laughable to assume the market can remain rational. 3. Bandit economy. In a corrupt to the bones country, it is good comedy to take the reported financials of any NSE company - except perhaps tbe bluest of blue chip companies -seriously. A great example of this is Mumias. You may snicker now about Mumias, but those of us with elephant memories remember the days when MSC was a blue chip company all over the news doing very cutting edge things and posting roaring profits and dividends each year. In reality, even as it posted said alleged glowing profits, it was busy being looted to scrap. So many other companies that have either been delisted or are teetering on the brink of being delisted fall in the same category. Jameni some counters like Kurwitu, for example  were frauds from day 1. Bottom line, anyone busy putting money into this casino should do so full well knowing they are betting at the same par with Sportpesa or bitcoin, which both suffer from an extreme dearth of any fundamentals or rationality whatsoever. To delude oneself that they are investing rationally in an irrational market is good comedy at best.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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MugundaMan wrote:The problem with NSE "investing" in Kenya is very simple. 1. 95% percent of "investors" in it have no clue whatsoever what they are doing. Most cannot even tell an income statement from their left thumb. This by definition causes a rational person who sifts through balance sheets, crunches ratios and does their securities analysis by the book to be at an extreme disadvantage. You cannot analyse an irrational market rationally. That by definition would be financial suicide. 2. NSE itself has compounded the problem of irrationality by making real time market information on stock prices proprietary. If real time info on stock prices is NOT provided to the entire market of "investors" except after the fact, it is laughable to assume the market can remain rational. 3. Bandit economy. In a corrupt to the bones country, it is good comedy to take the reported financials of any NSE company - except perhaps tbe bluest of blue chip companies -seriously. A great example of this is Mumias. You may snicker now about Mumias, but those of us with elephant memories remember the days when MSC was a blue chip company all over the news doing very cutting edge things and posting roaring profits and dividends each year. In reality, even as it posted said alleged glowing profits, it was busy being looted to scrap. So many other companies that have either been delisted or are teetering on the brink of being delisted fall in the same category. Jameni some counters like Kurwitu, for example were frauds from day 1. Bottom line, anyone busy putting money into this casino should do so full well knowing they are betting at the same par with Sportpesa or bitcoin, which both suffer from an extreme dearth of any fundamentals or rationality whatsoever. To delude oneself that they are investing rationally in an irrational market is good comedy at best. There are ways of making money in the stock market. Clearly, you do not understand how people make money in the stock market, going by your much hyped venture into Everrready. Instead of dismissing the stock market as a casino, you first need to acknowledge that you do not understand the stock market then start the process of learning. Stocks trader, whether long-term or short-term needs to learn the following: 1. Macroeconomics - Have a basic understanding of how global/ national economies work i.e. drivers of GDP growth, inflation, interest rates, money supply. Stock markets tend to move based on macroeconomic projections. 2. Fundamental Analysis - Be able to analysis fundamentals of an industry/ individual stock and know which one is returning more to investors e.g. understanding of basic ratios like ROE, EPS, DY is critical. 3. Technical Analysis - Be able to spot a trend. Can you read Candle Sticks? Can you read basic bullish, bearish and reversal patterns? Do you know what oscillators and indicators are? Do you understand what an overbought or oversold market is? An understanding of TA helps in making entry and exit decisions at optimal risk. 4. Master your emotions - take control of your fear, rein in your greed. You make money in the stock market by acting counter intuitively. You buy when the masses are selling and sell when the masses are buying. If you get too greedy and take on too much risk, you will be slaughtered. If you panic and sell at the lows, you will be slaughtered. There you go. Start off your learning. There are many books on the subjects, free online articles and youtube videos. In case you don't want to bother with the learning process, entrust your money to a professional wealth manager. Happy hunting! Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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MugundaMan wrote:The problem with NSE "investing" in Kenya is very simple. 1. 95% percent of "investors" in it have no clue whatsoever what they are doing. Most cannot even tell an income statement from their left thumb. This by definition causes a rational person who sifts through balance sheets, crunches ratios and does their securities analysis by the book to be at an extreme disadvantage. You cannot analyse an irrational market rationally. That by definition would be financial suicide. 2. NSE itself has compounded the problem of irrationality by making real time market information on stock prices proprietary. If real time info on stock prices is NOT provided to the entire market of "investors" except after the fact, it is laughable to assume the market can remain rational. 3. Bandit economy. In a corrupt to the bones country, it is good comedy to take the reported financials of any NSE company - except perhaps tbe bluest of blue chip companies -seriously. A great example of this is Mumias. You may snicker now about Mumias, but those of us with elephant memories remember the days when MSC was a blue chip company all over the news doing very cutting edge things and posting roaring profits and dividends each year. In reality, even as it posted said alleged glowing profits, it was busy being looted to scrap. So many other companies that have either been delisted or are teetering on the brink of being delisted fall in the same category. Jameni some counters like Kurwitu, for example were frauds from day 1. Bottom line, anyone busy putting money into this casino should do so full well knowing they are betting at the same par with Sportpesa or bitcoin, which both suffer from an extreme dearth of any fundamentals or rationality whatsoever. To delude oneself that they are investing rationally in an irrational market is good comedy at best. You should not include Bitcoin in monkey list. @MugundaMan Cryptocurrency is the topic you know least. Concentrate on dust bowl but I will come for those plots after accumulating cash from Bitcoin trading. I tell you the mulah from Bitcoin sale will sweep you like a Tsunami from your dust bowl holdings as the offer I will give you is irresistible . John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Spikes, Waaaaapi? What are the fundamentals of the valuation of a bitcoin? And please do not run without providing an answer today. I posted a chart of bitcoins performance for you to respond to many months ago but you fled and kept quiet as a church mouse while "secretly" making your phantom bitcoin millions My friend you cannot afford to buy even a decent meal at Nyama Mamas let alone a rake to use on a plot in DC with your bitcoin losses.
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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sparkly wrote:MugundaMan wrote:The problem with NSE "investing" in Kenya is very simple. 1. 95% percent of "investors" in it have no clue whatsoever what they are doing. Most cannot even tell an income statement from their left thumb. This by definition causes a rational person who sifts through balance sheets, crunches ratios and does their securities analysis by the book to be at an extreme disadvantage. You cannot analyse an irrational market rationally. That by definition would be financial suicide. 2. NSE itself has compounded the problem of irrationality by making real time market information on stock prices proprietary. If real time info on stock prices is NOT provided to the entire market of "investors" except after the fact, it is laughable to assume the market can remain rational. 3. Bandit economy. In a corrupt to the bones country, it is good comedy to take the reported financials of any NSE company - except perhaps tbe bluest of blue chip companies -seriously. A great example of this is Mumias. You may snicker now about Mumias, but those of us with elephant memories remember the days when MSC was a blue chip company all over the news doing very cutting edge things and posting roaring profits and dividends each year. In reality, even as it posted said alleged glowing profits, it was busy being looted to scrap. So many other companies that have either been delisted or are teetering on the brink of being delisted fall in the same category. Jameni some counters like Kurwitu, for example were frauds from day 1. Bottom line, anyone busy putting money into this casino should do so full well knowing they are betting at the same par with Sportpesa or bitcoin, which both suffer from an extreme dearth of any fundamentals or rationality whatsoever. To delude oneself that they are investing rationally in an irrational market is good comedy at best. There are ways of making money in the stock market. Clearly, you do not understand how people make money in the stock market, going by your much hyped venture into Everrready. Instead of dismissing the stock market as a casino, you first need to acknowledge that you do not understand the stock market then start the process of learning. Stocks trader, whether long-term or short-term needs to learn the following: 1. Macroeconomics - Have a basic understanding of how global/ national economies work i.e. drivers of GDP growth, inflation, interest rates, money supply. Stock markets tend to move based on macroeconomic projections. 2. Fundamental Analysis - Be able to analysis fundamentals of an industry/ individual stock and know which one is returning more to investors e.g. understanding of basic ratios like ROE, EPS, DY is critical. 3. Technical Analysis - Be able to spot a trend. Can you read Candle Sticks? Can you read basic bullish, bearish and reversal patterns? Do you know what oscillators and indicators are? Do you understand what an overbought or oversold market is? An understanding of TA helps in making entry and exit decisions at optimal risk. 4. Master your emotions - take control of your fear, rein in your greed. You make money in the stock market by acting counter intuitively. You buy when the masses are selling and sell when the masses are buying. If you get too greedy and take on too much risk, you will be slaughtered. If you panic and sell at the lows, you will be slaughtered. There you go. Start off your learning. There are many books on the subjects, free online articles and youtube videos. In case you don't want to bother with the learning process, entrust your money to a professional wealth manager. Happy hunting! Rubbish. Nothing new umesema hapa kapsa kapsa kapsaa. SHOW US THE MONEY. How is your HAFR life savings investment doing mr nse casino guru? Regurgitating garbage from books some of us read decades ago will not help you. No wonder you could only come up with a laughable 1,5k for wazoo Mbuzi despite kizungu mingi
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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MugundaMan wrote:sparkly wrote:MugundaMan wrote:The problem with NSE "investing" in Kenya is very simple. 1. 95% percent of "investors" in it have no clue whatsoever what they are doing. Most cannot even tell an income statement from their left thumb. This by definition causes a rational person who sifts through balance sheets, crunches ratios and does their securities analysis by the book to be at an extreme disadvantage. You cannot analyse an irrational market rationally. That by definition would be financial suicide. 2. NSE itself has compounded the problem of irrationality by making real time market information on stock prices proprietary. If real time info on stock prices is NOT provided to the entire market of "investors" except after the fact, it is laughable to assume the market can remain rational. 3. Bandit economy. In a corrupt to the bones country, it is good comedy to take the reported financials of any NSE company - except perhaps tbe bluest of blue chip companies -seriously. A great example of this is Mumias. You may snicker now about Mumias, but those of us with elephant memories remember the days when MSC was a blue chip company all over the news doing very cutting edge things and posting roaring profits and dividends each year. In reality, even as it posted said alleged glowing profits, it was busy being looted to scrap. So many other companies that have either been delisted or are teetering on the brink of being delisted fall in the same category. Jameni some counters like Kurwitu, for example were frauds from day 1. Bottom line, anyone busy putting money into this casino should do so full well knowing they are betting at the same par with Sportpesa or bitcoin, which both suffer from an extreme dearth of any fundamentals or rationality whatsoever. To delude oneself that they are investing rationally in an irrational market is good comedy at best. There are ways of making money in the stock market. Clearly, you do not understand how people make money in the stock market, going by your much hyped venture into Everrready. Instead of dismissing the stock market as a casino, you first need to acknowledge that you do not understand the stock market then start the process of learning. Stocks trader, whether long-term or short-term needs to learn the following: 1. Macroeconomics - Have a basic understanding of how global/ national economies work i.e. drivers of GDP growth, inflation, interest rates, money supply. Stock markets tend to move based on macroeconomic projections. 2. Fundamental Analysis - Be able to analysis fundamentals of an industry/ individual stock and know which one is returning more to investors e.g. understanding of basic ratios like ROE, EPS, DY is critical. 3. Technical Analysis - Be able to spot a trend. Can you read Candle Sticks? Can you read basic bullish, bearish and reversal patterns? Do you know what oscillators and indicators are? Do you understand what an overbought or oversold market is? An understanding of TA helps in making entry and exit decisions at optimal risk. 4. Master your emotions - take control of your fear, rein in your greed. You make money in the stock market by acting counter intuitively. You buy when the masses are selling and sell when the masses are buying. If you get too greedy and take on too much risk, you will be slaughtered. If you panic and sell at the lows, you will be slaughtered. There you go. Start off your learning. There are many books on the subjects, free online articles and youtube videos. In case you don't want to bother with the learning process, entrust your money to a professional wealth manager. Happy hunting! Rubbish. Nothing new umesema hapa kapsa kapsa kapsaa. SHOW US THE MONEY. How is your HAFR life savings investment doing mr nse casino guru? Regurgitating garbage from books some of us read decades ago will not help you. No wonder you could only come up with a laughable 1,5k for wazoo Mbuzi despite kizungu mingi I am not surprised by your response. Infact I expected it. Stick to your area of competence, which is 1/8 plots in Kajiado. Life is short. Live passionately.
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Sparkles, On the chin check you just received...you are welcome  MM
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Rank: New-farer Joined: 9/19/2018 Posts: 14
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IMO Bitcoin is gold without the weight and the ability to take flight. It's a distributed ledger which no one entity controls, but is visible and verifible by all. t takes a while for people to understand what it is. My advice for crypto is as follows: even if you are not going to invest in crypto, just read news from cryptolinks resources and keep yourself updated in the crypto world.
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