@slykat,I'm surprised that NSE cheerleaders did not go for your neck for daring to predict a downturn in the index. I see SK has either shaken off the weaker minds or the weaker minds are slowly getting stronger.

I gave up on the NSE after the 2007 bloodbath and I'll never regain hope until the underlying issues(land reform and constitutional review) are resolved once and for all. Right now,my biggest concern in investing in Kenya is not whether I'll make gains but whether the shilling will hold steady against the dollar.

Furthermore,the worldwide downturn in the economy has created some amazing bargains in more stable economies including the great USA. I have several stocks that have the potential to be 10-baggers within a year!! Already my portfolio is up 358% year-to-date,happy trading everyone.

no one would have predicted how the last three months would heve gone eve with the largest margin of error. no one.

A likely impossibility is always preferable to an unconvincing posibility.

@niwewe..assumin nimimi will refer to myself... Well... Triton debt.... Consider KCB has provision for bad n doubtful debts..plus insurance on loans issued...chasin after triton thro court is more a matter of prudence than crippled financials. KCB's still a buy.

DISCLAIMER: This is the opinion of one Jammo,CFA,CPA,Opinionated and Loud,based in nairobi. Whilst care has been taken in compiling the data to be as most factual n logical,he doesn't accept any responsibility of accuracy or completeness of info contained herein..neither does he purport to be a genius!

Hmmmn, I must admit I can't help looking back. Always teaches you what to do right in the next year. Now we are at the end of 2009, this thread makes for very interesting reading:

@slykat economic review ok
@tmatekwa on the mark
@murenj seems to have been smoking something
@djinn very clear on tech
@morey, @obi1, @green, @tony stark the worst was yet to come by a long short etc etc

Look at what happened to KCB, Centum, EA Cables, or to the NSE Index and Economy in the end... I tell you, though we don't admit it, investment is more a game of chance than analysis.

Easier to buy an under-valued stock than pick a market bottom...