VituVingiSana wrote:sparkly wrote:guru267 wrote: Emerging markets including kenya...
btw kenya is ranked as a frontier market. Emerging markets are the likes of the BRICs, SA etc frontier markets are more risky, possibly the maximum risk that western investors would consider.
Correct... Kenya is a 'frontier' market
@VVS and @sparkly your thinking inside the box....
Kenya is a frontier market but what about it doesn't qualify it to be an emerging market....
We just went through the worst global recession in recent times and PEV and i still don't remember a single company on the NSE posting a loss except KQ and those were hedge losses....
Kenya is also emerging in its own right and if foreigners decide to sell the NSE because of their own mess I'll be right here waiting just like i was last year....
Mark 12:29
Deuteronomy 4:16