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NSE and the unfolding political drama
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VituVingiSana
#41 Posted : Monday, February 15, 2010 4:52:35 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
I see nothing wrong in suspending ongeri...

The crook even admitted to fiddling with allocation amounts...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Radiance
#42 Posted : Monday, February 15, 2010 6:23:31 PM
Rank: New-farer


Joined: 11/30/2009
Posts: 47
Location: Nairobbery
Yipee! Safcom @ 1/- and mumias @ 2/-
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sparkly
#43 Posted : Monday, February 15, 2010 8:22:39 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Radiance wrote:
Yipee! Safcom @ 1/- and mumias @ 2/-
lol nothing sells for 1 bob these days, maybe patco. Then again saf is cheaper than roasted maize
Life is short. Live passionately.
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guru267
#44 Posted : Tuesday, February 16, 2010 5:23:15 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
haiyaa wrote:
aren't the polical theatrics of the weekend going to severely hurt the recent recovery of share prices at the NSE.What if the PM decides to pull off the government? Fresh elections and the related political risks !!


this country of ours is just sooo wierd... an election is held in 2007 and the only thing we hear about through out the term is the next election... no wonder foreigners dont stay for the long term...

but as many risks as there are kenya is one of those countries that is viewed as too big to fail by the G8 because of its position in East Africa.. so even if anything were to happen i wouldnt expect it to be permanent
Mark 12:29
Deuteronomy 4:16
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mtafutaji
#45 Posted : Tuesday, February 16, 2010 6:25:15 AM
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Joined: 7/30/2008
Posts: 25
RAO will not pull out of the coalition. He will fight from within until he achieves his goal.
http://www.mnkenyan.com
Visit the site and share your experience and opinion at our blog or discussion forum.
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ecstacy
#46 Posted : Tuesday, February 16, 2010 9:04:52 AM
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Joined: 2/26/2008
Posts: 4,449
As I've said before RAO ain't going anywhere neither is the nation imploding...unexpected buying opportunities in the offing...
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poundfoolish
#47 Posted : Tuesday, February 16, 2010 9:28:23 AM
Rank: Elder


Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
im waiting to buy. hope my wait will not be in vain.. i missed the last dip...

i dont wanna wait in vain for my buy
i dont wanna wait in vain for my buy
i don wanna i don wanna i don wanna wait in vain..
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guru267
#48 Posted : Tuesday, February 16, 2010 9:49:41 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@pound foolish... as warren buffet says... dont sit around waiting for dips because your wait may be in vain or it maybe very looonng... just shop around and look for stocks that are fundamentally cheap and get in....

with stocks its not about the right TIME to get in but rather the right PRICE!!!
Mark 12:29
Deuteronomy 4:16
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guru267
#49 Posted : Tuesday, February 16, 2010 9:51:21 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@pound foolish... as warren buffet says... dont sit around waiting for dips because your wait may be in vain or it maybe very looonng... just shop around and look for stocks that are fundamentally cheap and get in....

with stocks its not about the right TIME to get in but rather the right PRICE!!!
Mark 12:29
Deuteronomy 4:16
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2012
#50 Posted : Tuesday, February 16, 2010 9:56:26 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Zakumi wrote:
One can only hope that Raila's sojourn to the Thailand will act to cool off the political temperature he raised and bring sanity to the market.


You give this man too much clout. As my Pastor would say 'Kenya politics is one big soap opera'. When some big political news breaks out always look for what it's attempting to cover up.

We Kenyans have short memories. The PM theatrics have covered up the maize scandal which covered up the education scandal which covered Mau scandal which covered the 'computer error' which covered the Oil scandal which covered the Regency scandal which covered AngloLeasing which covered Ouko Murder which covered Goldenberg which covered the Mayors chain... The list is endless



BBI will solve it :)
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smit
#51 Posted : Tuesday, February 16, 2010 10:42:06 AM
Rank: Member


Joined: 4/23/2008
Posts: 11
There are two types of governments,The governments of law(e.g Western govts) and the governments of men/bastard governments(e.g most African govts) and until we get the former investing in the stock market will be like playing Russian roulette.
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ecstacy
#52 Posted : Tuesday, February 16, 2010 10:54:40 AM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
@smit, that is the beauty of emerging markets. higher risk higher return!!
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the deal
#53 Posted : Tuesday, February 16, 2010 11:44:36 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
kenyan politics is more than "higher risk"...its the epitome of the word risk...bloody hell...the JSE here i come...
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guru267
#54 Posted : Tuesday, February 16, 2010 12:44:49 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
we kenyans should just act like real investors buy and hold for long term or until your specific goal is met then bail all you want (unless you are a fund manager)...

the more this jumping in and out keeps happening the more you lose and the more buying oppurtunities investors like me keep on having...

i'm toking to all those who bailed in 08 and 09 and are plannig to bail 2012..
Mark 12:29
Deuteronomy 4:16
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guru267
#55 Posted : Tuesday, February 16, 2010 12:46:57 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
we kenyans should just act like real investors buy and hold for long term or until your specific goal is met then bail all you want (unless you are a fund manager)...

the more this jumping in and out keeps happening the more you lose and the more buying oppurtunities investors like me keep on having...

i'm toking to all those who bailed in 08 and 09 and are plannig to bail 2012..
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#56 Posted : Tuesday, February 16, 2010 12:53:04 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
Well... at least I didn't vote for the jamaa who is OK with keeping the chap who stole money from kids in his job...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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2012
#57 Posted : Tuesday, February 16, 2010 1:56:09 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
VituVingiSana wrote:
Well... at least I didn't vote for the jamaa who is OK with keeping the chap who stole money from kids in his job...


Then you must have voted for the maize thief who starved the poor kids... smile

BBI will solve it :)
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FundamentAli
#58 Posted : Tuesday, February 16, 2010 2:04:02 PM
Rank: Veteran


Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
I totally agree with 2012. This is a big coverup as I put it in another posts. Walukula wote. We are now focussed on the fight more than what was eaten.
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VituVingiSana
#59 Posted : Tuesday, February 16, 2010 2:47:38 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
2012 wrote:
VituVingiSana wrote:
Well... at least I didn't vote for the jamaa who is OK with keeping the chap who stole money from kids in his job...


Then you must have voted for the maize thief who starved the poor kids... smile

Nope... he is not my MP... Didn't even vote for my money-grubbing MP... My choice was a reformer... but obviously that's not who the voters wanted...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#60 Posted : Wednesday, February 17, 2010 7:49:27 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
35 stocks down. 5 (barely) up. Rest stagnant.
Demand is much lower than supply meaning prices will start falling further...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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