@deal welcome back. I see the ulcers central has caught you attention Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium.

This one is not yet over. Fist it was the bear run. The came warning by atleat 8 listed companies Then came Brexit. Then came interest caps Yet to come elections 2017. Any way don't worry the shares will be in the range of cents you may accumulate and you wish

The problem with most of the so-called "Investors" in this forum is that they are just short-term speculative traders looking for a cent here and a few shillings there in terms of capital gains. We need to focus more on whatever is happening now not in the context of how battered our portfolios are, but by how well-positioned we are in the face of this battering. Will KCB, COOP, EQTY, I&M et al sink into oblivion because of the Banking Amendment Bill? Certainly not. If you look at the same scenario in the long term, the bear is just doing what all bears do; offer you an opportunity to get more shares at hugely discounted prices. So if I may ask, you guys preferred buying Equity at Ksh. 40, KCB at Ksh. 32.50 etc last week but when the market offers the same to you at much lower prices you start whining and curse the bear? No wonder Michael Joseph said Kenyans are a peculiar lot. Five or so years from now, those who are whining about the bear will wish they were buying shares instead. And for guys wishing to take money out of the stock market and do business with, clearly you don't understand the essence of investing in the stock market; the bourse is where you keep money that you don't have immediate use for. If you are using business money (meant for active investments) to buy shares (passive investment), you're exposing yourself to paper loss. Stock market is for your savings...that's why it's a long term playstore.

It's hard to understand 'the sky is falling' kind of attitude currently engulfing the market. We should be celebrating the low/lower prices. Other than crunching numbers, deducing charts or any other type of analysis, steely nerves are vital if one is to survive and thrive in the market.