Wazua
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Nse-worst perfomer in the world.
Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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When the captain panics,what do u expect?..the market losses 124 points..we have just blown out things out of proportion...most of our firms are so far profitable so the devil is not as black as pple tend to paint him. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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International crude price being high means more USD needed, KES slips #period#
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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mlennyma wrote:When the captain panics,what do u expect?..the market losses 124 points..we have just blown out things out of proportion...most of our firms are so far profitable so the devil is not as black as pple tend to paint him. Scan just released 96% growth in H1 pre-tax, 530M. Instead of mind our own business, we are absorbed by happenings abroad which hardly concern us. Our GoK balance sheet is in order. We are living well within our means!!
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Next year we will get crude from uganda or sudan i wonder whether the dollar will still be relevant. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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mlennyma wrote:Next year we will get crude from uganda or sudan i wonder whether the dollar will still be relevant. I too do hope we can share our resources as African states 1st before shipping them abroad. I'd rather we pay UG and or S.S our dollar as we are all part of one money & wealth web (EAC) than continue pay some Sheiks who pleasure throwing Kenyans off balconies!!
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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The storm is over "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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or the the calm before the real storm, that bear just mauled wazuans they've taken to the hills..the silence is deafening
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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the markets will rebound that is one thing 4 sure, the question is when, this is normal but in Kenya, unfortunately, the market is not driven by fundamentals. LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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The storm is over guys. Why? Just look at the volumes. Punny. Very very punny.and whats more this small volumes have bn there for weeks now. That tells me allot as a technical analyst. This means that the weak hands have been shaken out and those buying are speculators who are brave. Lik me.
Stocks that are scraping the barrel include co-op ,a.k , equity - i pitty those guys who bought at 25 , lol .also kcb at 19 - remember rights price , i will consider it to have bottomd.
And it would also be absurd to say that the index cn fall frm jan to dec ,lol before the bargains become to sweet to resist.
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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What fear makes you sell kplc below 19.50 in the eve of a final dividend declaration? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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QW, manze, you change your opinion every day. That way, you can never be wrong  GOD BLESS YOUR LIFE
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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I don't think we are out of the woods yet. Smart money is risk averse as of now & seems comfortable in the money markets & with the lack of direction from CBK, Sept confirmation hearings, a parliament rushing to implement the new constitution, famine & a global investment community that would rather park their cash in banks, gold & Swiss francs, we ain't out of the woods yet! 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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youcan'tstopusnow wrote:QW, manze, you change your opinion every day. That way, you can never be wrong  . What am saying is that the selloff at n.s.e has stoppd as evident in the low closing daily volume but if global indices continue to sell off then we obviously we will see selling still on low volumes as we have sn in the last couple of days. Am i calling a bottom on some stocks yes. Those that are sitting on their support.Thats my opinion.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@QW what's @ up AK? Hatuja kuskia. How is it.
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Today i woke up with a thought...I sell everything and buy T-bills...Im still thinking that thought...what d u think guys?
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Cde Monomotapa wrote:@QW what's @ up AK? Hatuja kuskia. How is it. you wait and see. I will tripple my money on this one.how many times have i said that ? I know and luv pennystocks and i know how fast they run and fall, lol.thats why am buying a.k
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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lovely2010 wrote:Today i woke up with a thought...I sell everything and buy T-bills...Im still thinking that thought...what d u think guys? What do you mean by 'everything'? Your everything could be AK and Paka. I don't see why you would sell KCB or KK to buy T bills. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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QW25071985 wrote:Cde Monomotapa wrote:@QW what's @ up AK? Hatuja kuskia. How is it. you wait and see. I will tripple my money on this one.how many times have i said that ? I know and luv pennystocks and i know how fast they run and fall, lol.thats why am buying a.k Lol, you will make more for your broker. Life is short. Live passionately.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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lovely2010 wrote:Today i woke up with a thought...I sell everything and buy T-bills...Im still thinking that thought...what d u think guys? Whatever happened to your strategy? I thought you had already sold i readiness to buy more come next year? GOD BLESS YOUR LIFE
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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lovely2010 wrote:Today i woke up with a thought...I sell everything and buy T-bills...Im still thinking that thought...what d u think guys? i think you have better luck buyin avocadoz. no offence, but sellin now is not so good. unless uve been in the market toka enzi za p.e.v (were'nt yu the one pulling fast trades on two accounts?? ama it was guru? But guru seems more foresighted n patient, almost wife like. Anywayz alot of ish goes into fixed investment paper. But maybe u got m.s.c n a m.a in finance n econ and able n willing to look n cruch all that data n make sense of it n pull through with 100% inflation adjusted returns. Ok maybe not 100%, lets give it 30. All the best lovely. ps. in no way am i tryn to pull down ur ambitions, but gvt paper, is best left to fund managers n kina james mwangi. Besides, how much are u gona take thea 5 maybe 10 mirrion? But who knows, maybe its in the hundreds. Anything less than ten mirrion aint worth the trouble.
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