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How to tell NSE has bottomed out
Rank: Hello Joined: 11/5/2011 Posts: 5
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Speaking of bottom.
Were@ rock bottom anyways! Theres no where else to go but up.
East Africa is the last frontier guys.. were still doing 5-6% growth despite all the problems, corruption, mafia, poverty, inflation, etc....
Well managed companies are still making money and expanding.
Example: Serena purchase of Movenpick Hotel Dar es Salaam or DTB expansion to 100 branches..
Yes short term fluctuations will be there but I dont really see much more bleeding from here.
Investors and Fund Managers are picking up shares under are noses in large lots over the last 2 years in well managed companies..
Its only a matter of time before investors realize there much safer on this side of the world then US/Eurozone.
You guys talk of election violence.. BUT, how much money have businessmen/politicians made in land price and stock market in the last 4-5 years... Do you really think its in there best interest to let violence erupt?
Even if there is violence I think it will be short lived and contained by police and army as wealthy businessmen have to much to lose of violence goes out of control. IF it occurs which I dont think it will, it will be a short term effect on the country and economy as everyone knows they have to much to lose because of it!
Look@ the big picture guys and leave those silly historical charts! Think of it like a businessman/woman,, 2-5 years from now its going to be positive in my opinion!
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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@dj i agree with you...na safari ya kesho hupangwa leo.. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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I like this guy @DJ already! Welcome. We need more of ur objectivity around here!
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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@Dj, nice one there! Atleast @Cde has now gotten a companion, a fellow optimist, which is good for the markets.  However, pessimists are also good as they make available stocks for purchase. @Dj, the charts are good for traders(who create liquidiaty) and can't be done away with, although i think you are speaking to Investors here, and not traders! @SufficientlyP
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Dj Junior wrote:Speaking of bottom.
Were@ rock bottom anyways! Theres no where else to go but up.
East Africa is the last frontier guys.. were still doing 5-6% growth despite all the problems, corruption, mafia, poverty, inflation, etc....
Well managed companies are still making money and expanding.
Example: Serena purchase of Movenpick Hotel Dar es Salaam or DTB expansion to 100 branches..
Yes short term fluctuations will be there but I dont really see much more bleeding from here.
Investors and Fund Managers are picking up shares under are noses in large lots over the last 2 years in well managed companies..
Its only a matter of time before investors realize there much safer on this side of the world then US/Eurozone.
You guys talk of election violence.. BUT, how much money have businessmen/politicians made in land price and stock market in the last 4-5 years... Do you really think its in there best interest to let violence erupt?
Even if there is violence I think it will be short lived and contained by police and army as wealthy businessmen have to much to lose of violence goes out of control. IF it occurs which I dont think it will, it will be a short term effect on the country and economy as everyone knows they have to much to lose because of it!
Look@ the big picture guys and leave those silly historical charts! Think of it like a businessman/woman,, 2-5 years from now its going to be positive in my opinion!
WELL "SPOKEN" - BUT CAUTIOUS OPTIMISM IS WHAT IS REQUIRED IN THIS MARKET. WE CAN STILL GO DOWN SOME MORE, BUT THAT IS BETTER FOR THOSE OF US WHO ARE LOOKING FOR BARGAIN BASEMENT PRICES.
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Is there a market hitch?its 10am no data flow. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mlennyma wrote:Is there a market hitch?its 10am no data flow. Yeah whats not happening??? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Who is at nation center?any police around??soko chini...al sababu! "Don't let the fear of losing be greater than the excitement of winning."
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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haiya richlive is blank ???
is the bottom near ...lol
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How to tell NSE has bottomed out
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