Rank: Elder Joined: 3/19/2013 Posts: 2,552
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mwekez@ji wrote:symbols wrote:mwekez@ji wrote:symbols wrote:Sufficiently Philanga....thropic wrote:Cash is king right about now until we see those Q1 figures. But Mpesa is defying even gravity  Someone is putting the pressure on 6.60. When it comes to Q1 figures,I think we've already crossed the line where fundies matter. @symbols, most counters have not crossed the line on fundies. check the trailing and forward ratios of a number and you will attest. ... it is unfortunate that only the banking sector, Total Kenya and ARM are expected to release Q1 2013 results. …. I long for the day it will become a rule for all listed companies to release the quarterly results Let me rephrase,I think sentiments are outpacing fundies.More results and consistency would be great. @symbols, i find most counters are trading at good multiples in comparison to other markets. This must also be reason foreign investors are flocking in day after day. Notice foreign inflows have been positive for a long time now and they are not relenting. I would also support positive sentiments on our market because the risk profile of our country has reduced post the March 2013 elections. The dynamic duo driving this country are doing it with good energy, zeal and zest. I expect the country to record good growth and so should our companies and consequently our stocks market I can't speak on the intentions of foreigners except profit but I have to admit,I think the duo is on the right track and I hope they will take Kenya to new heights.
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