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What a joke? 5.6% growth
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Barrywhite
#11 Posted : Thursday, May 19, 2011 11:38:48 AM
Rank: Member

Joined: 12/2/2009
Posts: 286
Location: Nairobi
In biological terms, growth is an increase is size and weight. In economic terms, growth is an increase as measured by any of a number of indicators, such as GDP. Not simply by isolating each individuals experience. Even in a stagnant economy, some individuals experience growth.
The laudable is more often than not rendered laughable by overclaim
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kyt
#12 Posted : Thursday, May 19, 2011 4:09:18 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
Kaigangio wrote:
@ kingfisher

this is no jokes...as long as the fuel prices continue rising...and shortly the cost of electricity will go up...by the end of the year we might find ourselves at 4.0% growth...brace yourself broda!!!!!

tru dat though times ahead
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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The Merchant
#13 Posted : Thursday, May 19, 2011 5:31:17 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
5.6%...largely due to unhealthy politics that scare away everyone including ourselves.How many of you will be fully invested in the NSE just before elections? You see, politics hurt all of us reeeaaal bad!!
For an economy to grow we also need to boost our manufacturing industries. We import EVERYTHING even key rings!!!! Fudge!!
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Cde Monomotapa
#14 Posted : Thursday, May 19, 2011 9:06:54 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
I don't see the politics this time being a risk. The politics of the new constituition will be different & less noisy due to the devolution of power. The winner takes all days r over IMHO. I remember by this time in 07 I was already planning my trip to Ukambani (Macha & Kitui) after voting. That was one smart decision. Me n my famo had a tear gas, food shortage, gun shots free Xmas & New year. Please note I am not a Kamba (nor GEMA) but I knew that would be the best possible safe haven. Bulk cash in the car and we were fine. Fuel shortage became n issue later but we made it back to a calmer city -mass action was manageable. In case things go OTW next year..will await results from Namanga. Kukiharibika, Arusha mwisho!
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JerryDavid
#15 Posted : Friday, May 20, 2011 3:19:14 PM
Rank: Hello

Joined: 5/20/2011
Posts: 1
Location: Hermitage
It was because of wholesellers and Retailers....What products are they selling?
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kingfisher
#16 Posted : Friday, May 20, 2011 3:40:10 PM
Rank: Elder

Joined: 4/9/2008
Posts: 2,824
JerryDavid wrote:
It was because of wholesellers and Retailers....What products are they selling?


Everything from everywhere but kenya. ok, from kenya very little. think i should become a small industrialist, halafu niende county. Lake Turkana Toilet soap, Mt. Elgon vegetable cooking oil, Meru Larger (hapo iko pesa), Bunyore Kipand Soap... thats the way forward and this 5.6 will not escape my nets again.
When I have money, I get rid of it quickly, lest it find a way into my heart.
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invest0r
#17 Posted : Friday, May 20, 2011 5:06:39 PM
Rank: Member

Joined: 12/15/2010
Posts: 162
In 2010, NSE grew by 36%. Our @stocksmaster grew by 110%. Honestly, if you were in NSE last year and you did not grow, then you need to find other places to put your money
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Cde Monomotapa
#18 Posted : Saturday, May 21, 2011 6:04:18 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
invest0r wrote:
In 2010, NSE grew by 36%. Our @stocksmaster grew by 110%. Honestly, if you were in NSE last year and you did not grow, then you need to find other places to put your money
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Tommy
#19 Posted : Saturday, May 21, 2011 6:53:18 AM
Rank: Veteran

Joined: 12/9/2010
Posts: 894
Location: Nairobi
invest0r wrote:
In 2010, NSE grew by 36%. Our @stocksmaster grew by 110%. Honestly, if you were in NSE last year and you did not grow, then you need to find other places to put your money

it all depends on individual trading techeniques. some even grew negative, or where do you suppose the profits stockmaster had came from. the greater fool theory was in play.
Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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invest0r
#20 Posted : Sunday, May 22, 2011 9:01:51 AM
Rank: Member

Joined: 12/15/2010
Posts: 162
Tommy wrote:
invest0r wrote:
In 2010, NSE grew by 36%. Our @stocksmaster grew by 110%. Honestly, if you were in NSE last year and you did not grow, then you need to find other places to put your money

it all depends on individual trading techeniques. some even grew negative, or where do you suppose the profits stockmaster had came from. the greater fool theory was in play.


In a bullish market like 2010, even the armatures could be ride the wave and make money. They could buy stocks at high price, hold kidogo, then sell at higher price. If one did not make money in 2010, then they must have had a very bitter experience in 2008 and 2009 when the market contracted by 35% and 8% respectively
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