definitely... and when we start killing each other... it will only get worse... Welcome to Kenya...

I believe as Kenyans we would'nt want to go that way having seen what it did to us. As Fundaah puts it we will vote for our money and Children.
What I wonder is how many of us will be ready to take advantage of the buying opportunities that will present themselves.
Put differently would you invest in the market now or would you wait till after referendum - if you had a tiddy sum.

Well....I dont see no problem, at least not one that can affect the market significantly.I do think Kenya is past that, people know better now.

the market is pricing in a "YES" vote so if the "NO" camp wins then we will have to expect the market to sell off

I am not sure the yes victory has been properly priced into the market price. Personally I expect a yes win to spike the price up by atleast 40% in the short run mostly as a result of euphoria and the hope of making a quick buck. Then people will realise that you still need to work even with the new constitution to earn some bread.

On the foreign front, I expect Obama will be yelling from the roof tops and pointing out at how Kenya is a beacon of hope, return from the brink and gateway to east and central africa, should also excite some foreign investors into buying.

In the long run, the fundamentals will return to dictate the market direction.

A no victory spells doom for the country and the market direction will be the least of my worries.