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Funeral Mass for NSE
Rank: Veteran Joined: 6/2/2010 Posts: 1,059
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Dear Wazuans
You are all invited to the funeral mass of the NSE.
NSE caught a cold in 2015 and went into a coma in 2016.
NSE briefly recovered in 2017 only for his situation to deteriorate in 2018;only briefly recovering in 2019.
In 2020, covid striked and this sent NSE into another prolonged COMA. In 2021 he seemed to be recovering only to descend yet again in 2022. We had high hopes that he would recover post the 2022 elections unfortunately the high inflation rate in Kenya as well as the forex challenges have proved to be too much.
NSE has died.
He will be remembered as a person that have us a lot of joy (2012 - 2014) and lots of grief thereafter.
Please join me in mourning our dear NSE.
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Rank: Member Joined: 9/27/2006 Posts: 496
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Dividend plays are the only thing that's left. Forget about the elusive capital appreciation, you'll sleep much better.
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Rank: Member Joined: 11/21/2018 Posts: 561 Location: Britain
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deadpoet wrote:Dividend plays are the only thing that's left. Forget about the elusive capital appreciation, you'll sleep much better. Exactly. The other day he was talking of fundamental analysis, however if you attempt that in a bear market, NSE will show you dust. You can never go wrong with dividend play during a suppressed market.
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Rank: Member Joined: 11/21/2018 Posts: 561 Location: Britain
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My 2 cents wrote:Dear Wazuans
You are all invited to the funeral mass of the NSE.
NSE caught a cold in 2015 and went into a coma in 2016.
NSE briefly recovered in 2017 only for his situation to deteriorate in 2018;only briefly recovering in 2019.
In 2020, covid striked and this sent NSE into another prolonged COMA. In 2021 he seemed to be recovering only to descend yet again in 2022. We had high hopes that he would recover post the 2022 elections unfortunately the high inflation rate in Kenya as well as the forex challenges have proved to be too much.
NSE has died.
He will be remembered as a person that have us a lot of joy (2012 - 2014) and lots of grief thereafter.
Please join me in mourning our dear NSE. In an ideal situation, inflation should cause a rise in prices of shares. Politicians can manipulate Wanjikus/hustlers to vote for them but the market is always dominated by intelligent people who are not easy to lie to. For the longest, the nse index was being propped by safaricom shares which are currently being battered due to,inter alia, perceived government interference in the running of the company. If Ndegwa is replaced by somebody from the North Rift, a bloodbath will inevitably happen to the share; the long predicted 14 bob shall start to look like a bargain. Further the replacement of the Upus Dei guy in June at the CBK has already started sending jitters in capital markets. The future looks very bleak.
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Rank: Elder Joined: 9/23/2010 Posts: 2,218 Location: Sundowner,Amboseli
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Sadakaman has no appreciation nor comprehension of the NSE. He's a tenderpreneur per excellence! Further, he doesn't seem to comprehend the consequences of his political interference in bluechip companies, CBK or the big companies owned by his perceived competitors! We are back to the days of Moi, where we had the likes of Shariff Nassir, Francis Lotodo etc as not only cabinet ministers, but belonging to the kitchen cabinet. Like i keep saying, we have gone a full circle in only 20 years! @SufficientlyP
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Rank: Chief Joined: 1/3/2007 Posts: 18,060 Location: Nairobi
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My 2 cents wrote:Dear Wazuans
You are all invited to the funeral mass of the NSE.
NSE caught a cold in 2015 and went into a coma in 2016.
NSE briefly recovered in 2017 only for his situation to deteriorate in 2018;only briefly recovering in 2019.
In 2020, covid striked and this sent NSE into another prolonged COMA. In 2021 he seemed to be recovering only to descend yet again in 2022. We had high hopes that he would recover post the 2022 elections unfortunately the high inflation rate in Kenya as well as the forex challenges have proved to be too much.
NSE has died.
He will be remembered as a person that have us a lot of joy (2012 - 2014) and lots of grief thereafter.
Please join me in mourning our dear NSE. Prayers for the NSE's resurrection but for now we attend the funeral Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/1/2019 Posts: 119
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My 2 cents wrote:Dear Wazuans
You are all invited to the funeral mass of the NSE.
NSE caught a cold in 2015 and went into a coma in 2016.
NSE briefly recovered in 2017 only for his situation to deteriorate in 2018;only briefly recovering in 2019.
In 2020, covid striked and this sent NSE into another prolonged COMA. In 2021 he seemed to be recovering only to descend yet again in 2022. We had high hopes that he would recover post the 2022 elections unfortunately the high inflation rate in Kenya as well as the forex challenges have proved to be too much.
NSE has died.
He will be remembered as a person that have us a lot of joy (2012 - 2014) and lots of grief thereafter.
Please join me in mourning our dear NSE. Luwere Nyasaye amulinde
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Rank: Elder Joined: 7/22/2008 Posts: 2,699
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Could it be a case of it's darkest just before dawn? There are assets that are not going anywhere only getting cheaper. NSE will rise again. I actually think it's UK who did not care about NSE. The main stressor at this time is the drought. Rains are about to start. Things will get better.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,059
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Queen wrote:deadpoet wrote:Dividend plays are the only thing that's left. Forget about the elusive capital appreciation, you'll sleep much better. Exactly. The other day he was talking of fundamental analysis, however if you attempt that in a bear market, NSE will show you dust. You can never go wrong with dividend play during a suppressed market. Dividends are the only reason I have held on. I would have sold otherwise. My point the other day was that high dividend stocks will yield income but cannot be relied on for explosive capital growth. High dividend payers are mature companies with limited growth opportunities.
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Rank: Member Joined: 11/21/2018 Posts: 561 Location: Britain
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Sufficiently Philanga....thropic wrote:
Sadakaman has no appreciation nor comprehension of the NSE. He's a tenderpreneur per excellence!
Further, he doesn't seem to comprehend the consequences of his political interference in bluechip companies, CBK or the big companies owned by his perceived competitors!
We are back to the days of Moi, where we had the likes of Shariff Nassir, Francis Lotodo etc as not only cabinet ministers, but belonging to the kitchen cabinet.
Like i keep saying, we have gone a full circle in only 20 years!
You have forgotten to mention the illiterate Mulu Mutisya who was once appointed to chair the KPLC board.
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Rank: Member Joined: 11/21/2018 Posts: 561 Location: Britain
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VituVingiSana wrote:My 2 cents wrote:Dear Wazuans
You are all invited to the funeral mass of the NSE.
NSE caught a cold in 2015 and went into a coma in 2016.
NSE briefly recovered in 2017 only for his situation to deteriorate in 2018;only briefly recovering in 2019.
In 2020, covid striked and this sent NSE into another prolonged COMA. In 2021 he seemed to be recovering only to descend yet again in 2022. We had high hopes that he would recover post the 2022 elections unfortunately the high inflation rate in Kenya as well as the forex challenges have proved to be too much.
NSE has died.
He will be remembered as a person that have us a lot of joy (2012 - 2014) and lots of grief thereafter.
Please join me in mourning our dear NSE. Prayers for the NSE's resurrection but for now we attend the funeral You know things are thick when the usually detailed analyst VVS starts doing single-sentence posts,
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Rank: Member Joined: 11/21/2018 Posts: 561 Location: Britain
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My 2 cents wrote:Queen wrote:deadpoet wrote:Dividend plays are the only thing that's left. Forget about the elusive capital appreciation, you'll sleep much better. Exactly. The other day he was talking of fundamental analysis, however if you attempt that in a bear market, NSE will show you dust. You can never go wrong with dividend play during a suppressed market. Dividends are the only reason I have held on. I would have sold otherwise. My point the other day was that high dividend stocks will yield income but cannot be relied on for explosive capital growth. High dividend payers are mature companies with limited growth opportunities. Noted but capital gains have really come at a premium for well over 10 years now.
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Rank: Member Joined: 11/21/2018 Posts: 561 Location: Britain
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Sufficiently Philanga....thropic wrote:
Sadakaman has no appreciation nor comprehension of the NSE. He's a tenderpreneur per excellence!
Further, he doesn't seem to comprehend the consequences of his political interference in bluechip companies, CBK or the big companies owned by his perceived competitors!
We are back to the days of Moi, where we had the likes of Shariff Nassir, Francis Lotodo etc as not only cabinet ministers, but belonging to the kitchen cabinet.
Like i keep saying, we have gone a full circle in only 20 years!
The minute I saw Aisha Jumwa being appointed to the cabinet, I knew the Moi days are firmly back.
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Rank: Elder Joined: 9/23/2010 Posts: 2,218 Location: Sundowner,Amboseli
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Queen wrote:Sufficiently Philanga....thropic wrote:
Sadakaman has no appreciation nor comprehension of the NSE. He's a tenderpreneur per excellence!
Further, he doesn't seem to comprehend the consequences of his political interference in bluechip companies, CBK or the big companies owned by his perceived competitors!
We are back to the days of Moi, where we had the likes of Shariff Nassir, Francis Lotodo etc as not only cabinet ministers, but belonging to the kitchen cabinet.
Like i keep saying, we have gone a full circle in only 20 years!
You have forgotten to mention the illiterate Mulu Mutisya who was once appointed to chair the KPLC board. Thanks for the reminder. No wonder guys would flock Nyayo house in the 90s for passport application and the US embassy, then in Haile Selassie Avenue, for an exit ticket  @SufficientlyP
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Rank: Veteran Joined: 6/2/2010 Posts: 1,059
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Yap. We buried NSE today.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,569
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Funeral mass...really!! we said it on wazua that you needed to short the NSE by buying US $. No one listened back then now folks are pouring to the US $ instead of hedging.
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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My 2 cents wrote:Yap. We buried NSE today. Its very sad indeed. Even the spaces we thought were safe are nolonger safe. I think trying different casinos including broth...1 can bring relief. Am just lost and frustrated. Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,059
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cyruskulei wrote:My 2 cents wrote:Yap. We buried NSE today. Its very sad indeed. Even the spaces we thought were safe are nolonger safe. I think trying different casinos including broth...1 can bring relief. Am just lost and frustrated. Take heart  Be greedy when others are fearful. Easy to say but mighty hard to practise.
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