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Madness at the NSE
Sufficiently Philanga....thropic
#2321 Posted : Thursday, August 13, 2020 4:30:11 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
lochaz-index wrote:
Sufficiently Philanga....thropic wrote:
We are back to levels last seen in May 2003...........and this is before Safaricom goes ex

NSE20 down 68 points to 1811 Pray Pray Pray


The great unwind. The entire bull charge from 2003 wiped out. I wonder how many retail investors still remain in the market having peaked with the safaricom IPO...drop in numbers should be highly correlated to the bear run.


The carnage today especially on the bank stocks was unrelenting KCB's 40% PAT shave having re-energised the bears.
Was expecting a sub 1700 today but we are only down 12.81 points to 1738.
PPT did indeed show up late to stem further rout towards market close.
@SufficientlyP
Queen
#2322 Posted : Thursday, August 13, 2020 6:53:42 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
Sufficiently Philanga....thropic wrote:
lochaz-index wrote:
Sufficiently Philanga....thropic wrote:
We are back to levels last seen in May 2003...........and this is before Safaricom goes ex

NSE20 down 68 points to 1811 Pray Pray Pray


The great unwind. The entire bull charge from 2003 wiped out. I wonder how many retail investors still remain in the market having peaked with the safaricom IPO...drop in numbers should be highly correlated to the bear run.


The carnage today especially on the bank stocks was unrelenting KCB's 40% PAT shave having re-energised the bears.
Was expecting a sub 1700 today but we are only down 12.81 points to 1738.
PPT did indeed show up late to stem further rout towards market close.


There is a young generation of investors which has never understood why ailments like diabetes and High Blood Pressure are referred to as the richman's diseases. Any investor in the NSE who has not currently suffered from any stress-related ailments should count themselves extremely lucky.
Ericsson
#2323 Posted : Friday, September 18, 2020 7:59:10 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.theeastafric...le-stock-market-2219156

Kenya being sidelined
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
winmak
#2324 Posted : Friday, September 18, 2020 1:21:52 PM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
“Kenya, which runs the largest stock market in the region in terms of market capitalisation and number of listed companies pulled out of the project in 2015 after expressing dissatisfaction on how the Pakistan firm was awarded the contracting citing procurement irregularities.“

Ni sisi tulijitoa
For investors as a whole, returns decrease as motion increases ~ WB
Queen
#2325 Posted : Friday, September 18, 2020 2:04:46 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
winmak wrote:
“Kenya, which runs the largest stock market in the region in terms of market capitalisation and number of listed companies pulled out of the project in 2015 after expressing dissatisfaction on how the Pakistan firm was awarded the contracting citing procurement irregularities.“

Ni sisi tulijitoa


The reasons cited are as stupid as stupidity itself. The masters of corruption complaining about matters procurement. The height of irony.
VituVingiSana
#2326 Posted : Friday, September 18, 2020 7:59:54 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Queen wrote:
winmak wrote:
“Kenya, which runs the largest stock market in the region in terms of market capitalisation and number of listed companies pulled out of the project in 2015 after expressing dissatisfaction on how the Pakistan firm was awarded the contracting citing procurement irregularities.“

Ni sisi tulijitoa


The reasons cited are as stupid as stupidity itself. The masters of corruption complaining about matters procurement. The height of irony.
Was it "Kenya" that objected or the NSE?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Queen
#2327 Posted : Saturday, September 19, 2020 12:37:03 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
VituVingiSana wrote:
Queen wrote:
winmak wrote:
“Kenya, which runs the largest stock market in the region in terms of market capitalisation and number of listed companies pulled out of the project in 2015 after expressing dissatisfaction on how the Pakistan firm was awarded the contracting citing procurement irregularities.“

Ni sisi tulijitoa


The reasons cited are as stupid as stupidity itself. The masters of corruption complaining about matters procurement. The height of irony.
Was it "Kenya" that objected or the NSE?


Corrupt kenyan individuals domiciled at NSE.
Impunity
#2328 Posted : Saturday, September 19, 2020 8:51:16 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Queen wrote:
Sufficiently Philanga....thropic wrote:
lochaz-index wrote:
Sufficiently Philanga....thropic wrote:
We are back to levels last seen in May 2003...........and this is before Safaricom goes ex

NSE20 down 68 points to 1811 Pray Pray Pray


The great unwind. The entire bull charge from 2003 wiped out. I wonder how many retail investors still remain in the market having peaked with the safaricom IPO...drop in numbers should be highly correlated to the bear run.


The carnage today especially on the bank stocks was unrelenting KCB's 40% PAT shave having re-energised the bears.
Was expecting a sub 1700 today but we are only down 12.81 points to 1738.
PPT did indeed show up late to stem further rout towards market close.


There is a young generation of investors which has never understood why ailments like diabetes and High Blood Pressure are referred to as the richman's diseases. Any investor in the NSE who has not currently suffered from any stress-related ailments should count themselves extremely lucky.

Laughing out loudly Laughing out loudly
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Esstiko
#2329 Posted : Monday, September 21, 2020 10:11:50 PM
Rank: New-farer

Joined: 6/5/2019
Posts: 19
Any idea on Gitogo's sale of 11 million cic shares?

https://www.businessdail...3SXaud6M_NWxuPS-S9gu-5YI
Ericsson
#2330 Posted : Tuesday, September 22, 2020 8:06:23 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
[quote=Esstiko]Any idea on Gitogo's sale of 11 million cic shares?

https://www.businessdail...SXaud6M_NWxuPS-S9gu-5YI[/quote]

He left the company.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
251 Pages«<231232233234235>»
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