Wazua
»
Investor
»
Stocks
»
Nse-worst perfomer in the world.
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
Daily Equity Report: NSE continues Losing Streak Safaricom move Link here http://contrarianinvesti...ort-07-07-2011-nse.html
@Kenya investing the macro economic picture is not looking good at all.
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
dunkang wrote:the deal wrote:This is not the time to Buy Buy Buy stocks its time to exercise caution NO NO NO NO NO. This is the time for everyone to make his or her own decisions. To BUY OR NOT TO BUY, that's the question!
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Kenyan Oracle wrote: If they were that good (analysts), they would be the Warren Buffets of this side of the world.
Question is why are they still employed to analyse figures and not yet billionaires themselves? So, according to my gut, duodenum, rectum feeling, this is the time to buy, buy and buy.
tihihihi...
|
|
|
Rank: Veteran Joined: 3/25/2011 Posts: 946
|
|
|
|
Rank: New-farer Joined: 1/26/2011 Posts: 18
|
Since the market Economics haven't changed i.e inflation,fuel prices,cost of food and the politics waiting to happen there is no telling how low they will go, it'll be best to wait till the securities stabilize in their downward trend then buy buy buy...coz lets face it, in as much as one needs to be patient with them time is always a factor and the shorter the return on investment period the better.....
|
|
|
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
|
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
|
I have realised some very defensive and hard to shake counters,if these levels are broken then bargain hunting will be real..ARM...160..SCANGROUP 47...EQUITY,..23 KCB...22 SAFCOM...3.50 "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
|
"QUOTE"the nse's valuation has shed 24% to a price earnings ratio of 11.13 by june "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Member Joined: 5/31/2011 Posts: 253
|
The question is: when will u know the market has bottomed out and its time to jump in? You lose money chasing women, but you never lose women chasing money - NAS
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
mlennyma wrote:"QUOTE"the nse's valuation has shed 24% to a price earnings ratio of 11.13 by june QUOTE "Data from the NSE indicates that the total market turnover has dropped to Sh46.9 billion compared to Sh49.6 billion between January and June last year. The NSE’s valuation has dropped by 24 per cent to a price-earnings-ratio of 11.13 times as at the end of June from 14.71 times as at the end of December last year as a result of falling share prices of most counters. This, analysts say, has made the Kenyan market attractive compared to others in Sub-Saharan Africa whose price-earnings-ratio are averaging 15 times."
|
|
|
Rank: Veteran Joined: 3/25/2011 Posts: 946
|
Kenyan Oracle wrote:The question is: when will u know the market has bottomed out and its time to jump in? No one can time the market . that is true but but the environment that the market is in can guide you on when to buy...Like now with the country being in a very high political risk stage it good to take a back seat and keep cash..Until the political climate clears your money is safe in the bank.. Yet again would you be expecting a full blown rally going into an election year ????
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
QW25071985 wrote:Kenyan Oracle wrote:The question is: when will u know the market has bottomed out and its time to jump in? No one can time the market . that is true but but the environment that the market is in can guide you on when to buy...Like now with the country being in a very high political risk stage it good to take a back seat and keep cash..Until the political climate clears your money is safe in the bank.. Yet again would you be expecting a full blown rally going into an election year ???? QUOTE "Besides, low valuation analysts said political changes typified by the appointment of key judiciary officers had wrapped off positively on foreign investors. “Investors are seeing that we will not have a repeat of what happened in the last general election,” said Mr Kihumba."
|
|
|
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
QW25071985 wrote:Until the political climate clears your money is safe in the bank.. Which bank? How is your money safe in the bank? What value is it gaining there with the current inflation and the Ksh taking a serious beating?
BBI will solve it :)
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
2012 wrote:QW25071985 wrote:Until the political climate clears your money is safe in the bank.. Which bank? How is your money safe in the bank? What value is it gaining there with the current inflation and the Ksh taking a serious beating? QUOTE "Compared to last year, the economic fundamentals are facing serious challenges today,” noted Mr Wachira at a media briefing on Thursday. The weakening Kenya shilling has worsened the situation. This depreciation has led to an increase in the cost of imported goods. Pressure is also mounting on borrowers with the recent move by some commercial banks to raise lending rates." Is it wise to keep money in the bank now?
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
|
As i always say,when your marriage is frustrating you,somebody else beside you is whispering honey,honey and willing to marry..this is the story of the nse. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Member Joined: 4/15/2008 Posts: 217
|
2012 wrote:QW25071985 wrote:Until the political climate clears your money is safe in the bank.. Which bank? How is your money safe in the bank? What value is it gaining there with the current inflation and the Ksh taking a serious beating? The NSE is a reflection of the economy and right now too many factor are hitting us hard - drought, inflation, interest rates, election fever, new constitution.... the variable are too many to be able to come up with a conclusive stmt as to when the bear will dissapear. My MONEY IS SAFE IN THE BANK FOR NOW. Do it today! Tomorrow is promise to no-one.
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
mlennyma wrote:As i always say,when your marriage is frustrating you,somebody else beside you is whispering honey,honey and willing to marry..this is the story of the nse. well as they say "no money no honey"........ and as i have read someones quote here keep chasing women and you loose money, keep chasing money and you never loose women..... thats the true story of the NSE.... keep investing and averaging out and you never loose money
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
mufasa wrote:2012 wrote:QW25071985 wrote:Until the political climate clears your money is safe in the bank.. Which bank? How is your money safe in the bank? What value is it gaining there with the current inflation and the Ksh taking a serious beating? The NSE is a reflection of the economy and right now too many factor are hitting us hard - drought, inflation, interest rates, election fever, new constitution.... the variable are too many to be able to come up with a conclusive stmt as to when the bear will dissapear. My MONEY IS SAFE IN THE BANK FOR NOW. As it suffers inflation and all that you have mentioned above, try hedging elsewhere not the bank
|
|
|
Rank: Elder Joined: 6/2/2008 Posts: 1,438
|
It always pays to have a good proportion of your portfolio in cash. There is always a play in the market where one can make some money if you are keen enough and have a good degree of risk tolerance.
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
mwanahisa wrote:It always pays to have a good proportion of your portfolio in cash. There is always a play in the market where one can make some money if you are keen enough and have a good degree of risk tolerance. Agreed in principle of strategic planning and entry or having a float.... but not making the decision that hedging at bank is better under the circumstances that the economy is in today
|
|
|
Wazua
»
Investor
»
Stocks
»
Nse-worst perfomer in the world.
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|