wazua Wed, Jun 24, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages<1234>
Will NSE touch 4,000 betweeen now and 2012?
stonemimi
#21 Posted : Tuesday, October 06, 2009 11:53:00 AM
Rank: Member

Joined: 5/16/2009
Posts: 145
It looks so in the next few months
pm
#22 Posted : Tuesday, October 06, 2009 1:12:00 PM
Rank: Member

Joined: 11/11/2006
Posts: 60

'Under normal conditions,a 30% rise to 4,000 would not seem that daunting,but the NSE has been stuck around the 3,000 for a while. Can our great leaders deliver the economic environment to get us to 4,000 before the likely move back down in 2011 and 2012?' Writes @MainaT








Macro dynamics of Kenya economy seems to be fast changing; the influence of West's financial crisis now seems to have been rather exaggerated and the lull between that time and 2012 elections seems to be less likely ...

BTW,do you recall your comments about BAC (at 10) back in March ... take a peek at it ... to borrow one analysts analogy 'its tank is still full of gas' ... this is one of the largest consolidations of financial power in recent history...same dynamics as Baidu when I mentioned it here about two years back when it was below 100 &hellip;

Mainat
#23 Posted : Tuesday, October 06, 2009 4:06:00 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Aha Pm- karibu,re BoFA,yes,I completely agree though its a rising ship effect. I actually had a cheeky play on Citigroup (@$2.65) which is bubbling up nicely.

Back to Kenya,I think the chances of us hitting 4,000 in the next 14 months i.e. the realistic window before we withdraw into full-time politics,are 20% at best. This is just based on budget deficit; on-going drought; fuel prices and NRK's. Therefore,its internal dynamics that will drive NSE.



www.mjengakenya.blogspot.com
Sehemu ndio nyumba
Kaigangio
#24 Posted : Tuesday, October 06, 2009 4:24:00 PM
Rank: Elder

Joined: 2/27/2007
Posts: 2,768
the dynamics of our market is so predictable if its previous performances since the year 2000 is anything to go by...as is the usual case any improvement in investor confidence will propel the market,otherwise haiwesmek...btw our baggy mouthed mpigs have a very large part to play in the NSE performance...

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...
pm
#25 Posted : Tuesday, October 06, 2009 4:30:00 PM
Rank: Member

Joined: 11/11/2006
Posts: 60







Citi is 'birds of a feather' alongside the financial survivors ...

Back to main topic; I have a gut feeling that after the Kenyan electoral system/violence is placed under microscope,it will no longer be business as usual; we have an excellent chance of breaking the election violence cycle that has dogged us every four years ...

NOW is quite an interesting moment vis-&agrave;-vis NSE



Mainat
#26 Posted : Wednesday, October 07, 2009 6:58:00 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
PM- interesting article re 2012 http://news.bbc.co.uk/2/hi/africa/8293745.stm.

Also,see Jaindi Kisero's piece in DN today-he like me thinks politics will keep this economy down.





www.mjengakenya.blogspot.com
Sehemu ndio nyumba
cnn
#27 Posted : Wednesday, October 07, 2009 8:43:00 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
My fear all along,and a goverment minster is aware? We should be hearing of goverment crackdown to mop up illegal arms but that is Kenya for you,but i believe the knot is slowly tightening on the warlords,that and with electoral reforms,anti corruption measures and a vision by Kenyans to see the current group of leadership failures for who they really are,and use a big broom on them across the board will see Kenya rise again...could even test 5000,2013.

see it through my lens?
pm
#28 Posted : Wednesday, October 07, 2009 12:36:00 PM
Rank: Member

Joined: 11/11/2006
Posts: 60
@maina / cnn, nice reads,but most scarry ...
Mainat
#29 Posted : Wednesday, October 07, 2009 2:50:00 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Closed below the psychologically important 3,000 level. The next 3 days are crucial and I think Safcom will support a downward trend.

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
Ali Baba
#30 Posted : Wednesday, October 07, 2009 4:28:00 PM
Rank: Member

Joined: 8/29/2008
Posts: 573
You guys love to dream.The road towards 2012 is rocky. If you guys are just sharpening knives/pangas and stocking arms;and dreaming of nse rally?Anyway,you can keep on dreaming.

Ali Baba
4 Pages<1234>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.