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NSE - Top 10 Worst Performer
VituVingiSana
#1 Posted : Saturday, November 19, 2011 1:00:59 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
http://www.forbes.com/pictures/eegi45mgfg/nairobi

NSE is the world's 5th WORST performing market. Barely beat out bankrupt Greece!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#2 Posted : Saturday, November 19, 2011 5:23:17 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Nkt! We need to bolster local investor capacity & participation. Screw this neo-colonialism!
hisah
#3 Posted : Saturday, November 19, 2011 9:51:03 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
The choice of words describing the disaster at NSE is quite interesting. One would think the so called advanced economies are the best thing in town!

When high profile reports like this start showing up, smart money is usually snooping around. Let's see what they do next year in March. Remember Le Prof (Ndungu) said by Feb 2012 things will be better...

I'm still amazed that mpesa has refused to let go the 2.90 defense shield... This has been so obvious a guardrail for months. Coop had 14 for months, but I can see it got breached.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Jamani
#4 Posted : Saturday, November 19, 2011 11:39:20 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
hisah wrote:

When high profile reports like this start showing up, smart money is usually snooping around. Let's see what they do next year in March. Remember Le Prof (Ndungu) said by Feb 2012 things will be better...

An investment banker has forecast that the shilling will cross the Sh100 threshold in 2012 if the government does not reduce spending on infrastructure projects.


link
http://www.businessdaily...0/-/qad8vxz/-/index.html
youcan'tstopusnow
#5 Posted : Saturday, November 19, 2011 12:32:39 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
The choice of words describing the disaster at NSE is quite interesting. One would think the so called advanced economies are the best thing in town!



Brazil attracted a similar description...

But yenyewe our NSE has been battered. 40% drop is no joke!
GOD BLESS YOUR LIFE
hisah
#6 Posted : Saturday, November 19, 2011 12:36:33 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Jamani wrote:
[quote=hisah]
When high profile reports like this start showing up, smart money is usually snooping around. Let's see what they do next year in March. Remember Le Prof (Ndungu) said by Feb 2012 things will be better...

An investment banker has forecast that the shilling will cross the Sh100 threshold in 2012 if the government does not reduce spending on infrastructure projects.


link
http://www.businessdaily.../-/qad8vxz/-/index.html[/quote]

That IB is called Renaissance... Expert advice esp from IBs and banks since 2008 should be dumped in the trash can. USDKES will eventually stabilize at 100 and life will continue.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Impunity
#7 Posted : Saturday, November 19, 2011 3:07:09 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
youcan'tstopusnow wrote:
hisah wrote:
The choice of words describing the disaster at NSE is quite interesting. One would think the so called advanced economies are the best thing in town!



Brazil attracted a similar description...

But yenyewe our NSE has been battered. 40% drop is no joke!


I lost 40% of my portfollio gone, this was a Syokimau to me.
Sad
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

the deal
#8 Posted : Monday, November 21, 2011 11:03:29 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The NSE has bottomed and is set to rally by 2000 point says Wazua Research Laughing out loudly
amolo
#9 Posted : Tuesday, November 22, 2011 10:12:23 AM
Rank: Member

Joined: 1/29/2007
Posts: 70
The beauty of being down is that there is nowhere to fall further to, you are already there. So you can only one way: up, or just keep rollong but at the same level.
sparkly
#10 Posted : Tuesday, November 22, 2011 10:29:08 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Impunity wrote:
youcan'tstopusnow wrote:
hisah wrote:
The choice of words describing the disaster at NSE is quite interesting. One would think the so called advanced economies are the best thing in town!



Brazil attracted a similar description...

But yenyewe our NSE has been battered. 40% drop is no joke!


I lost 40% of my portfollio gone, this was a Syokimau to me.
Sad

If, and when the NASI goes back to 100, some of us will become paper millionaires for the first time in our lives.
Life is short. Live passionately.
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