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Madness at the NSE
Rank: Elder Joined: 3/19/2010 Posts: 3,505 Location: Uganda
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mlennyma wrote:I think this is the easiest place to triple your fortune at the current price Wish I had some cash.this being a monopoly can make me leave poverty by many corners punda amecheka
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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mlennyma wrote:I think this is the easiest place to triple your fortune at the current price Waiting for that sub 1.5, you can definitely get a 50% gain once the virus passes
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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watesh wrote:mlennyma wrote:I think this is the easiest place to triple your fortune at the current price Waiting for that sub 1.5, you can definitely get a 50% gain once the virus passes Munataka kunyofolewa kabisa!!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 3/19/2010 Posts: 3,505 Location: Uganda
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Angelica _ann wrote:watesh wrote:mlennyma wrote:I think this is the easiest place to triple your fortune at the current price Waiting for that sub 1.5, you can definitely get a 50% gain once the virus passes Munataka kunyofolewa kabisa!!!! What's the worst that can happen kplc is already down and it's a monopoly.so it can easily rise punda amecheka
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Rank: Member Joined: 6/26/2008 Posts: 399
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newfarer wrote:Angelica _ann wrote:watesh wrote:mlennyma wrote:I think this is the easiest place to triple your fortune at the current price Waiting for that sub 1.5, you can definitely get a 50% gain once the virus passes Munataka kunyofolewa kabisa!!!! What's the worst that can happen kplc is already down and it's a monopoly.so it can easily rise I agree, I have set aside some 'f*ck it, YOLO' money to buy shares strictly as a risk taking venture and speculate.
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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xtina wrote:newfarer wrote:Angelica _ann wrote:watesh wrote:mlennyma wrote:I think this is the easiest place to triple your fortune at the current price Waiting for that sub 1.5, you can definitely get a 50% gain once the virus passes Munataka kunyofolewa kabisa!!!! What's the worst that can happen kplc is already down and it's a monopoly.so it can easily rise I agree, I have set aside some 'f*ck it, YOLO' money to buy shares strictly as a risk taking venture and speculate. Eerily reminiscent of my escapades in ARM😱😱😱 I am still licking my wounds... For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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winmak wrote:xtina wrote:newfarer wrote:Angelica _ann wrote:watesh wrote:mlennyma wrote:I think this is the easiest place to triple your fortune at the current price Waiting for that sub 1.5, you can definitely get a 50% gain once the virus passes Munataka kunyofolewa kabisa!!!! What's the worst that can happen kplc is already down and it's a monopoly.so it can easily rise I agree, I have set aside some 'f*ck it, YOLO' money to buy shares strictly as a risk taking venture and speculate. Eerily reminiscent of my escapades in ARM😱😱😱 I am still licking my wounds...  I am staying clear of heavily indebted firms and GoK firms (except Kenya Re). KPLC has a lot of debt and has to restructure debt. KenGen is owed money by KPLC and also has a lot of debt. Uchumi and Mumias are on their deathbeds. Whereas Carrefour, Naivas, Tuskys, private sugar millers saw booming business, Uchumi and Mumias had nothing to sell. Kenya Re has cash but BBI needs funding in the absence of other sources. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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It's hot in India. Both the Sensex and Nifty are down 10%+ as the nation goes into lockdown. Asian currencies getting pummeled in lockstep with their stocks. Dow futures circuit breakers triggered as sell side action persists. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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VituVingiSana wrote:winmak wrote:xtina wrote:newfarer wrote:Angelica _ann wrote:watesh wrote:mlennyma wrote:I think this is the easiest place to triple your fortune at the current price Waiting for that sub 1.5, you can definitely get a 50% gain once the virus passes Munataka kunyofolewa kabisa!!!! What's the worst that can happen kplc is already down and it's a monopoly.so it can easily rise I agree, I have set aside some 'f*ck it, YOLO' money to buy shares strictly as a risk taking venture and speculate. Eerily reminiscent of my escapades in ARM😱😱😱 I am still licking my wounds... I am staying clear of heavily indebted firms and GoK firms (except Kenya Re). KPLC has a lot of debt and has to restructure debt. KenGen is owed money by KPLC and also has a lot of debt. Uchumi and Mumias are on their deathbeds. Whereas Carrefour, Naivas, Tuskys, private sugar millers saw booming business, Uchumi and Mumias had nothing to sell. Kenya Re has cash but BBI needs funding in the absence of other sources. Corona virus put a halt on BBI Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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Demand side on Equity and KCB has dried up
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