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Madness at the NSE
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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Superprime1 wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:wukan wrote:Ericsson wrote:Second half begins today.
What are the projections It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000 Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories. You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ. My bad! When did KQ get into manufacturing anything but losses? Wondering about the same: protecting Kenyan skies for KQ Vs encouraging manufacturing/value addition are totally different. In my layman's understanding, the impact of the latter would be immense for the economy (think jobs & disposable incomes, higher export income that would calibrate the country's Balance of Trade etc.). KQ just needs to be competitive and move away from Naikuni & co. 'strategies' that flew it into the red.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:Ericsson wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:wukan wrote:Ericsson wrote:Second half begins today.
What are the projections It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000 Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories. You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ. My bad! When did KQ get into manufacturing anything but losses? Obiero you aren't alone on vvs issues.We are many. @vvs was battered and bruised senselessly by KQ. He has nightmares about it ever since and brings it up at all kinds of discussions.. Which I fully understand. Buying extra high and selling extra low can make anyone go insane and/or bitter at the world in general  Now I get the true meaning of the thread "Madness at the NSE" Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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Pesa Nane wrote:obiero wrote:Ericsson wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:wukan wrote:Ericsson wrote:Second half begins today.
What are the projections It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000 Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories. You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ. My bad! When did KQ get into manufacturing anything but losses? Obiero you aren't alone on vvs issues.We are many. @vvs was battered and bruised senselessly by KQ. He has nightmares about it ever since and brings it up at all kinds of discussions.. Which I fully understand. Buying extra high and selling extra low can make anyone go insane and/or bitter at the world in general Now I get the true meaning of the thread "Madness at the NSE" What's amusing is this from the chap still waiting for the "Open Offer" that was supposed to miraculously make his losses disappear.   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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Asia stocks at 9-month lows. The bear is everywhere Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ericsson wrote:Asia stocks at 9-month lows.
The bear is everywhere Trade wars with China go live midnight 6th July. Canadian went live on 1st. Its going to be messy "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Ericsson wrote:Asia stocks at 9-month lows.
The bear is everywhere Not everywhere. Mostly EM and FM plus bonds. AMs (stocks) still holding tight. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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VituVingiSana wrote:Pesa Nane wrote:obiero wrote:Ericsson wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:wukan wrote:Ericsson wrote:Second half begins today.
What are the projections It's been a weak quarter to June(Mpesa is doing a promotion-transactions must have really slumped). I expect a continuation of the same for the second half. Rate cap review is not happening this year so the credit crunch will continue. The only NSE bullish signal is if Trump pursues weak dollar policies. So far the trade/tariff wars have not worked to bring back manufacturing to MAGA. Weak dollar is much easier to implement before the mid-term elections. Dollar index is stuck around 95 so watch on that. If that doesn't happen then watch NSE plunge below 3000 Bringing manufacturing back to the USA (from China) is not going to be easy nor will it be immediate. I have to say Trump is doing what many US presidents were afraid of doing. Perhaps the "mad antics" of Trump will only be appreciated after many years. In Kenya, we need a Trump-like approach to many aspects e.g. manufacturing. I look at our supermarket shelves and feel like crying. We need to reduce the amount/value of imports that we can manufacture cost effectively... We need to reduce the level of corruption and costs it takes to bring goods to market. We need to train more Kenyans to do jobs that have been outsourced including maintaining the railway and roads let alone building infrastructure. We need to find more ways to trade with our neighbors. Not an easy task but we need to collaborate with the Ugandans, Rwandans and even Tanzanians to "Make It In East Africa"... China is not our friend. SA is xenophobic and only wants to export to us. Even the Middle East is exporting non-oil goods to us while hardly taking in our exports except vegetables/fruits. India looks out for itself. USA has MAGA. EU only wants our natural resources and what it cannot grow. I am not saying we should close off our economy but we need to make it more profitable to be a manufacturer so more Kenyans invest in factories. You need to take a stand man. You vigorously opposed my idea to protect Kenyan skies for KQ. My bad! When did KQ get into manufacturing anything but losses? Obiero you aren't alone on vvs issues.We are many. @vvs was battered and bruised senselessly by KQ. He has nightmares about it ever since and brings it up at all kinds of discussions.. Which I fully understand. Buying extra high and selling extra low can make anyone go insane and/or bitter at the world in general Now I get the true meaning of the thread "Madness at the NSE" What's amusing is this from the chap still waiting for the "Open Offer" that was supposed to miraculously make his losses disappear. Hehe..
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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@Obiero - Leo, nimenunua "penny stock" ARM so let's support each other! Watu wa ARM to fly KQ and watu waibe pale KQ lakini watumie simiti ya ARM Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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VituVingiSana wrote:@Obiero - Leo, nimenunua "penny stock" ARM so let's support each other! Watu wa ARM to fly KQ and watu waibe pale KQ lakini watumie simiti ya ARM Shameless old man. You are advocating for theft!? By the way, KQ made it out of the penny stock league
KQ ABP 4.26
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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obiero wrote:VituVingiSana wrote:@Obiero - Leo, nimenunua "penny stock" ARM so let's support each other! Watu wa ARM to fly KQ and watu waibe pale KQ lakini watumie simiti ya ARM Shameless old man. You are advocating for theft!? By the way, KQ made it out of the penny stock league Penny stocks leading the charge today.. Sammer, FTGH, ARM, CABL, even Uchumi! Are you saying KQ is not a penny stock? we have not forgotten how you got to double digits... Start!
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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obiero wrote:VituVingiSana wrote:@Obiero - Leo, nimenunua "penny stock" ARM so let's support each other! Watu wa ARM to fly KQ and watu waibe pale KQ lakini watumie simiti ya ARM Shameless old man. You are advocating for theft!? By the way, KQ made it out of the penny stock league Lakini, that's the one constant about KQ. On a serious note, now that I am an investor in ARM, I hope KQ/KAA gives priority to ARM for its cement requirements! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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It's raining green for some of these folks! https://www.businessdail...49206-iw9x69/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Lots of green
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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MJ is doing quite well. His FY 2018 packet could be 20mn! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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VituVingiSana wrote:
Lots of green
MJ is doing quite well. His FY 2018 packet could be 20mn! [/quote] Does the mzee need all this $$$ at his age?
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