First, I haven’t analysed the performance of the NSE in detail (homework for the weekend). But i know things aren’t right because the share index is 2825. Look at the banking stocks performance of yesterday compared to the day before!!!.
It’s hot.
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Is this related to the taxes?
People are holding on to their money… something bad is coming. Start exchanging life savings for dollars before shit hits the fan kama Venezuela
Someone call @M2Random here very fast.
Kiulizo tu,are there people who use algorithms to trade in the NSE?
The shit has been hitting the fan since 1992.
We are in it so deep, the stench smells so good…like some expensive cologne.
But this is a one day analysis. What about weekly or monthly?
Btw welcome back @Okiya. Whatever happened to you?
Here’s a 5 year analysis. Be the judge.
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Done in by the elections. 2013 and 2017?
Can’t blame the current performance on elections. Handshake happened and there is peace and stability throughout Kenya.
Are you saying tutafute lube in laymen terms?!!
Handshake my ferked arse…
Mulisema raila anasumbua akiongea sasa amenyamaza tena munapiga kelele .
But on the flip side, dividend yields are crazy, ya KCB is around 8%, when last did we see such figures.
Aren’t you the same people that said that NSE was overvalued and markets would correct this over time?
That’s for 2017. You can’t get current dividend yield until dividends are declared. KCB hasn’t declared any dividends for FY 18
Sweet sweet time to invest. Last time I invested in the NSE on a crazy bear run and reaped big to start a restaurant in the upmarket Westlands area(few millions) :D. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” - Warren Buffet
Got into SCOM at 16.50 and exited at 29, DTK at 105 exited at 145. I regret getting off Safaricom and would not have gotten off that bus if it was not because of capital requirements of the new business. Home Internet rollout is pacy and they will soon surpass Zuku here, great diversification strategy into other businesses albeit with little creativity, I hope a partnership with an Ethiopian telco comes to fruition but overall…very solid company with great leadership.
Some of my counters also stagnated. BOC and Kapchorua are yet to return handsomely though i got a fat dividend from KAPC.
Currently holding CFC Stanbic at an AVB of 74 while it is trading at 88+ plus I had a nice dividend payment last year. I am not exiting this bus until Kshs 130min.
Looking to finance another venture in the next year or two. My eye is trained on EQTY(great diversification strategy, solid management), SCOM at sub 20, BAT(clients loyal till death), I am tempted to get into NIC since it is a well run bank but I fear over-exposure into banking even though “Diversification is protection against ignorance. It makes little sense if you know what you are doing.” , Centum is really on a good bargain here and I believe their 2 rivers gamble is really paying off albeit being diluted. Coal project seems to be falling into shambles but the team is solid.
I am also adding Bamburi, I&M and Kenol Kobil on my watchlist as I watch how the market unfolds.
Uuhmm. So which have been your losers so far. Even Warren Buffet up there looses 3/10 investments.
KQ on speculation and Scangroup. But even then I was able to post double digit returns so definitely a very good 1.5yrs
@Mundu Mulosi hapa kunaendaje explain it to us in layman’s terms