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Foreign investors headed for the EXITS!
2012
#31 Posted : Thursday, May 27, 2010 11:51:19 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
sky5 wrote:
I agree with @2012. No need to panic. They will be back soon, even before year 2012.


Ati before 2012?Laughing out loudly They'll be here with us next month!

BBI will solve it
:)
MaichBlack
#32 Posted : Thursday, May 27, 2010 12:51:25 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
2012 wrote:
sky5 wrote:
I agree with @2012. No need to panic. They will be back soon, even before year 2012.


Ati before 2012?Laughing out loudly They'll be here with us next month!


Are you serious you don't get the joke!? Look at your user name for a second! Laughing out loudly Laughing out loudly Laughing out loudly
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
sheep
#33 Posted : Thursday, May 27, 2010 12:58:18 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
If this trend continues tomorrow,none will be smiling and talking tough.....kwanza things are heating up as the market is coming to a close...on friday afternoon will be make or break...I'm 60% cash waiting patiently...
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
VituVingiSana
#34 Posted : Thursday, May 27, 2010 2:19:48 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
sheep wrote:
If this trend continues tomorrow,none will be smiling and talking tough.....kwanza things are heating up as the market is coming to a close...on friday afternoon will be make or break...I'm 60% cash waiting patiently...

Dang, lucky (or smart) you! 60% cash ni mzuri place to be!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sky5
#35 Posted : Thursday, May 27, 2010 3:13:09 PM
Rank: Member

Joined: 5/7/2010
Posts: 282
Location: Nairobi
@all. There is no need for a panic now. The EC president promised to do 'whatever it takes' to rescue the eurozone from the crisis.

However the rescue plan is akin to digging a big hole to fill a smaller hole. The rescue package puts Greece's debt at 150% GDP. Who knows, Greece may default in the future. Unless the debt burden of some eurozone countries is re-structured, a future crisis is not only foreseable but will also be unmanagable.

VituVingiSana
#36 Posted : Thursday, May 27, 2010 4:01:31 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@sky5 - Germany is better off leaving the Eurozone... Folks had faith in the Bundesbank & DeutscheMark before the politicians took over!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sky5
#37 Posted : Thursday, May 27, 2010 4:11:18 PM
Rank: Member

Joined: 5/7/2010
Posts: 282
Location: Nairobi
Germany, being the largest economy in the region holds a better position to quench the crisis. If Germany pulls out, I think the crisis will become quite big beyond the ability of other states. And with Portugal and Spain also spending heavy and struggling with debt, an overhaul of the fiscal architecture is necessary.
2012
#38 Posted : Thursday, May 27, 2010 4:36:34 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
MaichBlack wrote:
Are you serious you don't get the joke!? Look at your user name for a second! Laughing out loudly Laughing out loudly Laughing out loudly


smile according to the Mayan calendar, 2012 is apocalypse. We'll not need those jungus then...

BBI will solve it
:)
murenj
#39 Posted : Thursday, May 27, 2010 5:00:00 PM
Rank: Member

Joined: 7/22/2008
Posts: 851
Location: nairobi
d'oh! the foreigners have pulled a fast one on the local investors this time now. they lured us into a sense of false confidence then wham!!!!!!!!! but i know that they are coming back in september. in he meanwhle, let me plot my revenge...........take out an unsecured bankloan, mop up some two counters and skip out after 100% gain.....what is your take on this one guys?
MaichBlack
#40 Posted : Friday, May 28, 2010 6:17:40 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
murenj wrote:
d'oh! the foreigners have pulled a fast one on the local investors this time now. they lured us into a sense of false confidence then wham!!!!!!!!!


Why do you guys keep talking about "foreign investors" like they are a close knit group of individuals. The way some of you talk, one might think all foreign investors know each other and actually plan night meetings to plan when to buy, when to dump and most importantly how to fix Kenyans! Nini hii?
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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