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ombaalbt		#1531 Posted : Wednesday, October 17, 2018 3:56:10 PM
Rank: New-farer Joined: 5/19/2014 Posts: 68 Location: Migori		I could use your kind of optimism. But a good number of respected economists are pointing to doom and gloom. Or do listen to David Ndii and the likes too much Learning to sit on my hands
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kawi254		#1532 Posted : Wednesday, October 17, 2018 3:58:07 PM
Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi		MugundaMan wrote: Kenyans just like to cry cry cry Wail wail wail Ngweeh ngweeh ngweeh About any and everything Economy red hot at 6.3% last quarter, 5%+ for the previous 16 years SGR huyooooo mpaka Naivasha by Madaraka day.. clean and spanking new with double stack Sasa. Stima nywee to every village and public school over the past 6 years Masomo freeeeee mpaka secondary Title deeds hizooooo even in ticking time bombs like Embakasi caused by the two chaps who lived in the back room of their bars Transmission lines hizoooo Lolongyani, Ethiopia, Suswa to Msa and much more Barabara hizoooooo falling on Kenya like elephant dung Corruption hiyooo big boys are heading to kamiti like flies Jameni what more do you fellows want? I used to think 'Utopia' was a country just like Ethiopia
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ombaalbt		#1533 Posted : Wednesday, October 17, 2018 4:01:02 PM
Rank: New-farer Joined: 5/19/2014 Posts: 68 Location: Migori		heri wrote: lochaz-index wrote: Cde Monomotapa wrote: cnn wrote: Sufficiently Philanga....thropic wrote: Finally the Jan 2017 low has been smashed and we are at levels never seen in this decade. NSE 20 currently at 2783. We were last here twice last decade, in October 2004, when Kibaki was still new in the Presidency, and April 2009 during the GFC. Yes 9 years of gains wiped out of the NSE. What separates us now from the Sept 2002 lows of 1005 is the 2360 GFC low of March 2009......more popcorns please The GFC lows were a great buying time for some good dividend paying stocks .I have kept BAT since then . Another 15 to 20 percent fall in the indices and some great long term buys should present themselves . Indeed. Agreed. Awesome buy window coming up. However going through the various sentiments expressed here it would appear the majority have already thrown in the towel or are just about to. As earlier intimated the tricky bit this time round won't be in the buying but in the waiting as prices stagnate or continue to tumble. Suicide watch!!! My portifolio is 25% and if it goes to more than 50% i think i need to be on suicide watch jameni, how much loss can we take though still paper losses And there are lunatics who think they will be a country to talk about if things continue this way with the 2 at the top At times like this the best you can do is buy more to lower ABP. But pesa imekosekana pia. 20% DOWN. Tuko Pamoja Learning to sit on my hands
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muandiwambeu		#1534 Posted : Wednesday, October 17, 2018 6:27:19 PM
Rank: Veteran Joined: 8/28/2015 Posts: 1,247		ombaalbt wrote: heri wrote: lochaz-index wrote: Cde Monomotapa wrote: cnn wrote: Sufficiently Philanga....thropic wrote: Finally the Jan 2017 low has been smashed and we are at levels never seen in this decade. NSE 20 currently at 2783. We were last here twice last decade, in October 2004, when Kibaki was still new in the Presidency, and April 2009 during the GFC. Yes 9 years of gains wiped out of the NSE. What separates us now from the Sept 2002 lows of 1005 is the 2360 GFC low of March 2009......more popcorns please The GFC lows were a great buying time for some good dividend paying stocks .I have kept BAT since then . Another 15 to 20 percent fall in the indices and some great long term buys should present themselves . Indeed. Agreed. Awesome buy window coming up. However going through the various sentiments expressed here it would appear the majority have already thrown in the towel or are just about to. As earlier intimated the tricky bit this time round won't be in the buying but in the waiting as prices stagnate or continue to tumble. Suicide watch!!! My portifolio is 25% and if it goes to more than 50% i think i need to be on suicide watch jameni, how much loss can we take though still paper losses And there are lunatics who think they will be a country to talk about if things continue this way with the 2 at the top At times like this the best you can do is buy more to lower ABP. But pesa imekosekana pia. 20% DOWN. Tuko Pamoja You are doing well, if anything you have beaten the market. And the best you can is to beat it even more averaging down not on a single position but averaging down your overall portfolio(diversification) ,Behold, a sower went forth to sow;....
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VituVingiSana		#1535 Posted : Wednesday, October 17, 2018 6:49:08 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		How has all this been financed? MugundaMan wrote: Kenyans just like to cry cry cry Wail wail wail Ngweeh ngweeh ngweeh About any and everything Economy red hot at 6.3% last quarter, 5%+ for the previous 16 years SGR huyooooo mpaka Naivasha by Madaraka day.. clean and spanking new with double stack Sasa. Stima nywee to every village and public school over the past 6 years Masomo freeeeee mpaka secondary Title deeds hizooooo even in ticking time bombs like Embakasi caused by the two chaps who lived in the back room of their bars Transmission lines hizoooo Lolongyani, Ethiopia, Suswa to Msa and much more Barabara hizoooooo falling on Kenya like elephant dung Corruption hiyooo big boys are heading to kamiti like flies Jameni what more do you fellows want? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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maka		#1536 Posted : Wednesday, October 17, 2018 8:17:45 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		MugundaMan wrote: Kenyans just like to cry cry cry Wail wail wail Ngweeh ngweeh ngweeh About any and everything Economy red hot at 6.3% last quarter, 5%+ for the previous 16 years SGR huyooooo mpaka Naivasha by Madaraka day.. clean and spanking new with double stack Sasa. Stima nywee to every village and public school over the past 6 years Masomo freeeeee mpaka secondary Title deeds hizooooo even in ticking time bombs like Embakasi caused by the two chaps who lived in the back room of their bars Transmission lines hizoooo Lolongyani, Ethiopia, Suswa to Msa and much more Barabara hizoooooo falling on Kenya like elephant dung Corruption hiyooo big boys are heading to kamiti like flies Jameni what more do you fellows want? Fiddling while Kenya is burning.... possunt quia posse videntur
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MugundaMan		#1537 Posted : Wednesday, October 17, 2018 8:33:40 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		ombaalbt wrote: I could use your kind of optimism. But a good number of respected economists are pointing to doom and gloom. Or do listen to David Ndii and the likes too much Ndii is a big joker and a puppet of his masters in Kaburuland. I knew he was not a serious fellow when he started prating about SGR not making a "profit" yet it is a public good. Since when did Uhuru highway make a profit? But he knows the average Kenyan does not read..he points this out over and over in his tweets, so they will believe anything he says as gospel. By the way why does he keep those "red kambas" on his glasses? I cannot remember ever seeing any other person with those things since the 1980s jameni.
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MugundaMan		#1538 Posted : Wednesday, October 17, 2018 8:38:07 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		maka wrote: MugundaMan wrote: Kenyans just like to cry cry cry Wail wail wail Ngweeh ngweeh ngweeh About any and everything Economy red hot at 6.3% last quarter, 5%+ for the previous 16 years SGR huyooooo mpaka Naivasha by Madaraka day.. clean and spanking new with double stack Sasa. Stima nywee to every village and public school over the past 6 years Masomo freeeeee mpaka secondary Title deeds hizooooo even in ticking time bombs like Embakasi caused by the two chaps who lived in the back room of their bars Transmission lines hizoooo Lolongyani, Ethiopia, Suswa to Msa and much more Barabara hizoooooo falling on Kenya like elephant dung Corruption hiyooo big boys are heading to kamiti like flies Jameni what more do you fellows want? Fiddling while Kenya is burning.... How now? Kenya is very peaceful and running smooth with minor hiccups hapa na pale. God bless baba for the handshake. Imagine if the chap was still in opposition, Kenya would be having no rest!
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MugundaMan		#1539 Posted : Wednesday, October 17, 2018 8:41:59 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		VituVingiSana wrote: How has all this been financed? I think we have done reasonably well on our borrowing prudence. But I am not a fan of the crazy KRA revenue target projections that keep increasing by funny numbers each year yet are never met. It doesn't make sense. Why increase revenue targets by 30% yet the previous 5 years not more than 15% was ever met? This is why I preferred Kibaki's way of handling such matters. Kenyans should seriously think of bringing stylo hiyo hiyo hapaaaana out of retirement to be honorary finance minister (supervising treasury). The guy ran a tight ship and laid the foundation for everything we are currently enjoying in our lovely country.
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VituVingiSana		#1540 Posted : Wednesday, October 17, 2018 9:51:24 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		MugundaMan wrote: VituVingiSana wrote: How has all this been financed? I think we have done reasonably well on our borrowing prudence. But I am not a fan of the crazy KRA revenue target projections that keep increasing by funny numbers each year yet are never met. It doesn't make sense. Why increase revenue targets by 30% yet the previous 5 years not more than 15% was ever met? This is why I preferred Kibaki's way of handling such matters. Kenyans should seriously think of bringing stylo hiyo hiyo hapaaaana out of retirement to be honorary finance minister (supervising treasury). The guy ran a tight ship and laid the foundation for everything we are currently enjoying in our lovely country. How has all this been financed? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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