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The uganda securities exchange...
mlennyma
#1 Posted : Wednesday, October 06, 2010 12:12:28 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
This is the best performing bourse in africa...its worth some attention.with the oil discovery,it is set to do even better.i once bought cfc stanbic uganda and made 100% killing...iam set to enter it in a big way ..please tell me which other counters are good there.
"Don't let the fear of losing be greater than the excitement of winning."
charming soul
#2 Posted : Wednesday, October 06, 2010 1:21:13 AM
Rank: Member

Joined: 12/2/2006
Posts: 42
mlennyma wrote:
This is the best performing bourse in africa...its worth some attention.with the oil discovery,it is set to do even better.i once bought cfc stanbic uganda and made 100% killing...iam set to enter it in a big way ..please tell me which other counters are good there.


Hardly any transactions with the exception of Stanbic Uganda..

I was Interested in BOBU, BATU,DFCU & NEW VISION but cant seem to get any...

Any idea of any broker transacting in Tanzanian shares????
VituVingiSana
#3 Posted : Wednesday, October 06, 2010 1:28:05 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
mlennyma wrote:
This is the best performing bourse in africa...its worth some attention.with the oil discovery,it is set to do even better.i once bought cfc stanbic uganda and made 100% killing...iam set to enter it in a big way ..please tell me which other counters are good there.

Not in US$ terms. 1600 to 2250 in 3 years. Even in KES terms from 24 to 28. So many gains lost when UGX depreciated...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#4 Posted : Wednesday, October 06, 2010 2:55:13 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mlennyma wrote:
This is the best performing bourse in africa...its worth some attention.with the oil discovery,it is set to do even better.i once bought cfc stanbic uganda and made 100% killing...iam set to enter it in a big way ..please tell me which other counters are good there.

I love when guys talk about the useless USE....

Has anyone ever thought why the USE and the NSE are first and second in africa...
Because more than half of the companies on the USE are on the NSE so i don't know why one even looks there...

So the counters i personally like on the USE are
KCB
Jubilee
Equity
KQ
BAT
EABL Laughing out loudly

The rest are just too expensive and Illiquid for my liking...
Mark 12:29
Deuteronomy 4:16
mlennyma
#5 Posted : Wednesday, October 06, 2010 8:34:59 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
So the uganda.s.e is just a photocopy of our nse plus afew!you say?
"Don't let the fear of losing be greater than the excitement of winning."
kyukkamba
#6 Posted : Wednesday, October 06, 2010 9:08:26 AM
Rank: Member

Joined: 5/28/2010
Posts: 151
mlennyma wrote:
This is the best performing bourse in africa....i once bought cfc stanbic uganda and made 100% killing....



Everybody made a killing from Stanbic...and if u bought them from ipo and still are holding u'll be over 200% not considering the dividends already received......It's like KenGen IPO. Lakini the rest of the shares not showing any cool performance...just normal...hiyo petroli labda they are still drinking....wakimaliza we'll see a change...smile
Ni Uhuru wa Mbesha...Niguo kana tiguo?
young
#7 Posted : Wednesday, October 06, 2010 12:53:08 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria

USE is a market for the future.

Most counters are not liquid because an average ugandan wants to hold to his / her share certificate as a treasure rather than demobilizing .It is a mentality over there.

Besides they do not believe in selling shares so shares are not available on offer.

Govt of Ug also have to de-invest in some listed firms by offering some shares to the investing public in the form of IPO.

With more enlightenment, the situation will change in the near future.

The few tradable shares are from Stanbic, and made-in-kenya counters like KCB, Equity etc.

What is happening now in USE is what NSE investors suffered in the 90s.

They (Uganda) will get there.

Tanzania bourse is also the same.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
VituVingiSana
#8 Posted : Wednesday, October 06, 2010 1:03:26 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@young - On Uganda... I agree BUT the Tanzanians are very 'nationalistic' and this is NOT a compliment!

Tanzania could do much more with a larger population & huge resources... but Ugandans are better "East Africans" despite museveni's idiocies...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
young
#9 Posted : Wednesday, October 06, 2010 1:21:44 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
@VVS,
On tanzania my judgement is hinged on low traded volume and replication of made-in-kenya counters just like Uganda.

But for Uganda if Kenyan are wonderful people to foreigners then ugandans are wonder wonderful. I have been there with my family.

I wonder why Ugandans regards Kenyans as oppressors and hostile big brother especially at the boarders ? I believe you know better.

On M7 (Museveni), take my word for it it is an era that will come to an end one day. Afterall Mzee Kenyatta came and left, Moi came and left, Mzee MK will soon leave, ditto for M7.
Is the dreaded Idi Amin Dada still ruling Uganda?

M7 emergence in 1986 was a child of necessity for Ugandan nation, but the child has become a pain in the neck. Tough times never last but tough people do.

Kenyans should not sit on the fence because of M7, this is the time to take position .
I see a lot of opportunities in Uganda.
EAC will surely come to fruition.

The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#10 Posted : Wednesday, October 06, 2010 1:23:23 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
@VVS,
On tanzania my judgement is hinged on low traded volume and replication of made-in-kenya counters just like Uganda.

But for Uganda if Kenyan are wonderful people to foreigners then ugandans are wonderfully wonderful. I have been there with my family.

I wonder why Ugandan regards Kenyans as oppressors and hostile big brother especially at the boarders ? I believe you know better.

On M7 (Museveni), take my word for it it is an era that will come to an end one day. Afterall Mzee Kenyatta came and left, Moi came and left, Mzee MK will soon leave, ditto for M7.
Is the dreaded Idi Amin Dada still ruling Uganda?

M7 emergence in 1986 was a child of necessity for Ugandan nation, but the child has become a pain in the neck. Tough times never last but tough people do.

Kenyans should not sit on the fence because of M7, this is the time to take position .
I see a lot of opportunities in Uganda.
EAC will surely come to fruition.

The rate foreigners troop to Uganda makes me to believe Kenyans do not see what the rest of the world is seing. They are only seing a mortal dictator M7. Hope it will not be too late for Kenyans to benefit from emerging opportunities in neighbouring Uganda

The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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