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Is the NSE Dead??
Rank: Veteran Joined: 11/13/2015 Posts: 1,653
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Quote:Retail investors have loaned the Kenyan government an extra Sh174 billion this year as they flee from the stock market which has lost 29.4 percent of its wealth since January. SourceYou can't make this stuff up
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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wukan wrote:Quote:Retail investors have loaned the Kenyan government an extra Sh174 billion this year as they flee from the stock market which has lost 29.4 percent of its wealth since January. SourceYou can't make this stuff up Benjamin Graham has always been right KQ ABP 4.26
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Rank: Veteran Joined: 11/13/2015 Posts: 1,653
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Pigs get slaughtered. Let's see how this plays
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Rank: Veteran Joined: 11/13/2015 Posts: 1,653
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wukan wrote:My 2 cents wrote:The Kenya shilling is chasing bonds and USD. Meaning investors are generally buying these two assets - Bonds and USD. The CBK governor has just stated that the shilling is still over-valued. So those who are wisely protecting their purchasing power are divesting from the Kenya Shilling. Bulls make money, bears make money, pigs get slaughtered. Every housewife is now talking about infrastructure bonds and USD. A shoeshine lad will tell you Kshs is headed to 200. It's time to get out of that trade Reason I like trading macros, you catch the wind it will sail you far. USD speculators got a good kick in the nuts. Equities was a good hedge
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Rank: Veteran Joined: 11/13/2015 Posts: 1,653
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wukan wrote: Pigs get slaughtered
What did I tell you folks...  This one aged well
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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EABL 200/- Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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VituVingiSana wrote:EABL 200/- And then the price came down Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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