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Nse below 3,000 points
Sober
#1 Posted : Wednesday, September 30, 2009 4:57:00 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Today is the day

A likely impossibility is always preferable to an unconvincing posibility.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Sigiriri
#2 Posted : Wednesday, September 30, 2009 7:36:00 AM
Rank: Member

Joined: 6/26/2008
Posts: 319
Hey,I think maybe a slight and temporary upswing as pple cant buy Kengen PIBO any more....


Baraka za Mungu ni za Ajabu
cnn
#3 Posted : Wednesday, September 30, 2009 8:55:00 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
The Kengen guys were able to raise more than 15 billion,evidence of lots of cash around,what would such an amount do to the nse if it was brought to the market in a time span similar to the Kengen bond?

see it through my lens?
Kaigangio
#4 Posted : Wednesday, September 30, 2009 9:09:00 AM
Rank: Elder

Joined: 2/27/2007
Posts: 2,768
@ cnn,

you see the 15b was in investors bank accounts and not NSE....infact the investors were not going to buy stocks with that money otherwise the index would be hitting 3800 due to accelerated activities in the market.

as of now it is 1200 pm and only 14 companies have registered improved prices. the largest increament in stock value is only 2.00 by KPLC. the rest have very tiny margins...the possibility is very real..tungojee 1400hrs...


NEVER TALK OF A RHINO IF THERE IS NO TREE NEAREBY - ZULU PROVERB
...besides, the presence of a safe alone does not signify that there is money inside...
cnn
#5 Posted : Wednesday, September 30, 2009 9:32:00 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
@kaigangio
Thats my point,investors are holding lots of cash,Mwangi and co. need to go out of their way and win their confidence back.Eddie and his guys marketed a bond which i doubt will outdo most of the equities at their current prices.Win back the investors and we could easily test 4000.

see it through my lens?
Ericks
#6 Posted : Wednesday, September 30, 2009 11:48:00 AM
Rank: Member

Joined: 7/29/2008
Posts: 170
I dont see mwangi and co. winning investors back any time soon,(by soon i mean before the end of the year) especially after his careless outbust on the number of CDS accounts in this market the other day.
A huge portion of the investor population are still holding cash or near cash instruments,thats the main reason for the 15b + subscription on kengen PIBO. chances are that after this bond a huge number will still exercise caution by going back to cash and near cash instruments until the NSE and its sisters gains control over rogue brokers and IBs.

I could be wrong.....

Its just me whatever choice you make in life make sure that you can live with it.
cnn
#7 Posted : Wednesday, September 30, 2009 4:33:00 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
The index @3005 points,tomorrow we reverse the trend.EABL ex dividend was the culprit in todays fall.

see it through my lens?
ecstacy
#8 Posted : Thursday, October 01, 2009 6:40:00 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
+++ kazi ianze...
VituVingiSana
#9 Posted : Thursday, October 01, 2009 8:14:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
So,now what? Cash had to be deposited jana. Those with Letters of Guarantee had till yesterday lakini have to pay by 30 Oct.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
kishindo
#10 Posted : Wednesday, October 07, 2009 2:55:00 PM
Rank: Member

Joined: 1/11/2008
Posts: 121
we're there now....i need an interest free loan asap,let me just watch from the sidelines...

less is more for Architects only!!
Less is more....for Architects only!!
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