What pe is safcom trading at? Pe of 20. It's extremely overvalued. Extremely.

All this while the likes of kcb are at a pe of 7. It's like the story of an elephant on top of a tree....

Zika - Analyst Warned of "Mosquito-Borne Viruses" Moving North

GAINESVILLE, Ga., Feb. 8, 2016 /PRNewswire/ -- Article after article tells us that no one really saw the Zika virus coming. But that's simply not true. Landmark research from the Socionomics Institute presented compelling evidence that "mosquito-borne viruses endemic to the tropics," such as Chikungunya and dengue fever, were expanding their range. Their 2009-2015 studies, headed up by Senior Researcher Alan Hall, also showed clearly how major epidemics over the past several hundred years –ranging from London cholera, Spanish flu, polio, HIV/AIDS, SARS, H1N1 flu to Ebola – all shared one common feature: they erupted after large, extended declines in stock prices.

Do stock market declines make people sick? Socionomists don't think so. Instead, they think benchmark stock indexes indicate trends in social psychology. When people become pessimistic and fearful, they sell stocks. Then, they cut back on economic activity. Research shows that both changes in the stock market and changes in the economy precede changes in public health. When societies get depressed, they are more likely to get sick.

Panic phase coming up globally.

Chinese stock markets (currently on holiday) were almost 50% down since their June 2015 highs, they will resume with a thud. Bankruptcies from overcapacity are yet to hit home.

Euro zone stocks are largely in bear territory with serious bank run undercurrents sweeping all over the place from Italy, Spain, Portugal, Germany (Deutsche), Switzerland (credit suisse) etc.

Japan's nikkei is currently getting pulverised by flight to safety. So far NIRP is turning out to be hangman's noose for the economy.

For the US, all of S&P, nasdaq and Dow are all in correction territory and quickly sliding towards bear zone with acres to fall.

All these developments coupled with economic problems carried over and exacerbated since GFC means it will only take a single black swan event( they are currently too many to list) to induce real panic in equities.

Whether or not KE prints rosy headlines it won't matter, contagion will take over.

Most folks are greedily waiting NSE to bottom out! You will be shocked to see a new high level as days pass. People have money just making noise, bleating waiting for the next slide. Mtangoja sana!