wazua Sun, Dec 1, 2024
Welcome Guest Search | Active Topics | Log In | Register

Namibia stock exchange now 2nd biggest in Africa afte JSE.
Options
Previous Topic · Next Topic
the deal
#1 Posted : Friday, October 30, 2009 11:08:00 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
One I.p.o changed everything for the Namibian stock exchange(nse).The Nse is now 2nd biggest in Africa 2nd 2 Johannesberg in terms of capitalisation...Congrats my beloved Namibia.

The turtle always win the race.
Back to top
 Report Abusive | Report SPAM
Njunge
#2 Posted : Friday, October 30, 2009 12:29:00 PM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@the deal,

You trading/investing in NSX?....Tell us some more just in case we want to venture huko pia.



Old man about town....
Nothing great was ever achieved without enthusiasm.
Back to top
 Report Abusive | Report SPAM
Jangwa la Jangili
#3 Posted : Friday, October 30, 2009 12:31:00 PM
Rank: Member


Joined: 10/9/2009
Posts: 311
the worst time to compare market cap between two exchanges is immediately after a major ipo. it would be more accurate to look at the overall market cap 3-6 months after the listing.

Katika Jangwa la Jangili ndipo Pwagu hupata Pwaguzi.
Katika Jangwa la Jangili ndipo Pwagu hupata Pwaguzi.
Back to top
 Report Abusive | Report SPAM
pm
#4 Posted : Friday, October 30, 2009 12:39:00 PM
Rank: Member


Joined: 11/11/2006
Posts: 60

@the deal,

You wrote 'One I.p.o changed everything for the Namibian stock exchange(nse).The Nse is now 2nd biggest in Africa 2nd 2 Johannesberg in terms of capitalisation...Congrats my beloved Namibia.'

and

Angola is the fastest growing economy in the world & Kenya is yet to establish direct diplomatic relationship with Angola ... agitate Foreign affairs to do so immediately!

Thanks for mentioning that,I wonder whats fueling the Namibia SE
Back to top
 Report Abusive | Report SPAM
Hi-Lo
#5 Posted : Friday, October 30, 2009 1:00:00 PM
Rank: Member


Joined: 10/5/2007
Posts: 91
...hey...running on steroids? How does a 5yr old SX beat Cairo established ca.1883...will check out...

Playing the stock market without insider info...is like buying a cow in the moonlight.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#6 Posted : Friday, October 30, 2009 4:06:00 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
Cross listing... It is a S.African company that raised funds on NSX. Like when EABL went on Uganda SE... and the market cap boomed... though EABL is Kenya based...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
the deal
#7 Posted : Friday, October 30, 2009 6:28:00 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
I currently reside in Kenya but i'm a Namibian and i invest in both the nse and the nam stock exchange...the nsx currently has 58 counts...call it cross listing but to being number 2 in 5 yrs is an achievement considering the population of Namibia is 2 million...ja Angola is booming...if you want more on how 2 invest in Nam...just hola.

The turtle always win the race.
Back to top
 Report Abusive | Report SPAM
young
#8 Posted : Friday, October 30, 2009 7:52:00 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Please quote your source,the known order by market cap ie top 5 are

(i) South Africa

(ii) Egypt

(iii) Morocco

(iv) Nigeria

(v) Kenya


AFRICAN INVESTOR
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#9 Posted : Saturday, October 31, 2009 4:02:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
@deal: Why would I not just buy the cross-listed stocks (SA firms cross listing on NSX) in more 'liquid' SA vs Namibia?
***-*** I understand the trading costs are lower in S.Africa than Namibia for SA stocks.
***000*** How many 'actual' Namibian firms on NSX?

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
the deal
#10 Posted : Saturday, October 31, 2009 8:02:00 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Hehehe i will quote my source...check the business section of www.informante.web.na....hey vijana i will give u a hint...Namibia breweries the manufacturers of windhoek lager i'm sure u have seen that beer in kenyan bars then theres trustco the first company to list on the jse african board...

The turtle always win the race.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#11 Posted : Saturday, October 31, 2009 8:50:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
NamBrew shares are as rare as a clean Kenyan politician... As for TrustCo... I can get them on JSE (Alt-X)...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
drake
#12 Posted : Saturday, October 31, 2009 12:27:00 PM
Rank: Member


Joined: 8/8/2009
Posts: 170
Not to rain on the NSX's parade but there are far more attractive options further south(?) on the JSE for both retail and institutional investors.....

I'm talking Equity derivatives e.g.(Can-Do-Options),Metal ETF exposure and ETN's reportedly coming as early as 2010. The products allow for the employment of leverage and give exposure to different and diverse asset classes.

The mother-of-them-all though are the Commodity futures (derivatives) that started trading about 19 calendar days ago covering platinum,gold and crude.

These products are also open to retail investors. Settlement prices are drawn from the CME and CBOT and will also mirror their contract dates. These contracts are Rand dominated and cash-settled so there's no fear of waking up to 100 (or more) barrels of oil sitting on your front yard!

A single contract is for 100 barrels of oil. Margin for the December 09 contract is R 5,700 (Kshs. 55,897)* per 100 barrel contract (Kshs. 586,996.65) i.e for Kshs. 56,000 you get exposure to an asset worth ~ Kshs. 586,000 with spread margin of R 1,700 (Kshs. 16,770). The Exchange Fee is R 10 (Kshs. 90.86) per contract.

There are no position limits. I'm not certain you can(not) deposit interest earning securities as margin.

There is also talk of pegging the strong Rand to the USD or a basket of foreign currencies which could intoduce some currency risk exposure as well.

If you feel you've conquered the local market (and I sense some of you have) why not step out and try to roll with the big boys?

*Using Rand/Kshs | USD/Kshs exchange prices from SK.

It often happens that a TRADER carries out a deep and complicated calculation,but fails to spot something elementary right at the first move!
Back to top
 Report Abusive | Report SPAM
pm
#13 Posted : Saturday, October 31, 2009 3:55:00 PM
Rank: Member


Joined: 11/11/2006
Posts: 60

'''Jogoo wa mjini .... [drake] anena ' I'm talking Equity derivatives e.g.(Can-Do-Options),Metal ETF exposure and ETN's reportedly coming as early as 2010. The products allow for the employment of leverage and give exposure to different and diverse asset classes.

The mother-of-them-all though are the Commodity futures (derivatives) that started trading about 19 calendar days ago covering platinum,gold and crude.

A single contract is for 100 barrels of oil. Margin for the December 09 contract is R 5,700 (Kshs. 55,897)* per 100 barrel contract (Kshs. 586,996.65) i.e for Kshs. 56,000 you get exposure to an asset worth ~ Kshs. 586,000 with spread margin of R 1,700 (Kshs. 16,770). The Exchange Fee is R 10 (Kshs. 90.86) per contract.

If you feel you've conquered the local market (and I sense some of you have) why not step out and try to roll with the big boys? '''

Wooooo! I second this idea; the real McCoy of investments,wazee it could never get any better than this, if there is strictly an African commodities ETFs ( Exchange Traded Funds),for gold,silver,... and others like copper,uranium ... oil,coal,NG ... tell us what is specifically listed and if tradable at NYSE as ADRs.

Kindly drop me some more specific information at ws_odysseus@yahoo.com ... very nice stuff

Oil futures may correct a bit to high 60s immediate term,but,then,they will explode to near 100 short term AIMMHO

Always jogoo wa shambani asili Koo Koo Roo!
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#14 Posted : Saturday, October 31, 2009 9:47:00 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
lol... the CMA & NSE better look out... also Mauritius is introducing all sorts of financial products!

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
khisa
#15 Posted : Sunday, November 01, 2009 7:25:00 AM
Rank: Member


Joined: 10/28/2009
Posts: 2
wonder when the nse will get there.

evans khisa
+254733760385
Back to top
 Report Abusive | Report SPAM
wote
#16 Posted : Sunday, November 01, 2009 11:23:00 AM
Rank: Member


Joined: 10/18/2007
Posts: 217
Never,Only in your mind buddy''

wote
Back to top
 Report Abusive | Report SPAM
drake
#17 Posted : Sunday, November 01, 2009 1:29:00 PM
Rank: Member


Joined: 8/8/2009
Posts: 170
@pm
I'm sorry to disappoint but the only commodity ETF in Africa is ABSA's NewGold ETF that turns 5 years tomorrow.

It's domiciled in South Africa and backed by ~55.6 tonnes of physical gold. Now according to www.goldprice.com Spot Gold is at 1044.9 putting it's AUM at R 13.4 Billion.

One security is equal to 0.01oz and as of 30/10/09 the Ask price was R 79.20 (~Kshs. 776.16)

They're looking to do a 2nd listing on the BSE (Botswana) and who's to say Kenya won't be next?

It often happens that a TRADER carries out a deep and complicated calculation,but fails to spot something elementary right at the first move!
Back to top
 Report Abusive | Report SPAM
tonicasert
#18 Posted : Sunday, November 01, 2009 1:43:00 PM
Rank: Member


Joined: 3/10/2008
Posts: 301
Location: Abu Dhabi
@drake.

On the SA commodity futures (derivatives),can one do structured products or just plain vanilla / digital derivatives. Do you have a link for more info?
Back to top
 Report Abusive | Report SPAM
pm
#19 Posted : Sunday, November 01, 2009 11:16:00 PM
Rank: Member


Joined: 11/11/2006
Posts: 60
@drake,thanks ...

Aaaaah! so the ONLY way to trade ABSA is to have an account with JSE( South Africa) ... I find that extremely difficult ( chasing global equities locally ), I do use Interactive Brokers for a wide spectrum of global equities,but I prefer ADRs ( I wait for the global equities to step into NYSE big league via the ADRs) ... at any rate, the African commodities are being snatched at a rapid clip,ABSA should soon be at par with NYMEX gold prices ...

KooKooRoo!
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.