jasonhill wrote:Who listens to analysts?
If analysts are dogging the NSE, it just means that the NSE and its listed companies don't bribe analysts... in other words, it's not Wall Street (and that's a good thing). Like I say, a good, clean stock exchange.
Make your own judgments based on your own data and analysis.
If it were that easy- to just listen to analysts- everyone would be rich (or more likely, poor).
Be gutsy and focus on investing in, and demanding accountability from, well-run companies and their management teams, not wagging tongues.
Best,
Hill
@Hill I agree. Who listens to them. If they were that good, they would be the Warren Buffets of this side of the world.
Question is why are they still employed to analyse figures and not yet billionaires themselves?
The Nse is cyclic. in 2002 the index was 2654 and in in 2005 it hit an all time high of 5000. If you've followed the trend, just before an election, stocks plummet & then recover after a new gava come in. So, according to my gut, duodenum, rectum feeling, this is the time to buy, buy and buy.
You lose money chasing women, but you never lose women chasing money - NAS