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Foreign investors buying into ARM
Rank: New-farer Joined: 1/6/2010 Posts: 26
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So, weaker shilling: More money for exporters. More foreign investors in the NSE: http://www.reuters.com/a...s-idUSLDE75K0T020110621
But more inflation. It's a cycle.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Naah not exactly the weak Sh is a doubled edged sword...getting in is cheap but getting out is expensive...foreign investors are not always right...on ARM they must be buying because management said they expect the 1!H to be positive due to increased sales despite the stiff compe.
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Thats exactly what i was thinking. With a weak shilling allot of money will be coming in and i believe the mzungu is taking advantage of this situation.
And when the political uncertainity dies down come 2012 august we will see one heck of a bull rally on n.s.e .
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Wazua
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Foreign investors buying into ARM
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