Ok whats happening to the bizz blog world??? Guys have gone silent! Cold tusker last talked on Tuesday last week, and so did Pesa tu. At least Bankelele and Riba Capital have been more recent.
Please don’t let the depressed market keep you that quiet. Whatever you are going through, so are we and many others. It’s a depressing state, but don’t worsen it by going off.
I feel your pain, but we are meant to keep online and keep each other strong on this blog side of life!!
Speaking of depression, out of 36 active counters, only Standard Chartered, Scan group, Eveready and Kengen recorded price appreciations. All other active counters shed, with KCB, despite currently trading cum div and split, capturing the largest drop, down Kshs. 18 to close Kshs. 2 below the Kshs. 200 level. Jubilee also slid below the Kshs. 200 level to hit a low of Kshs. 193.
I am tempted to ask whether we can get a prophet(ess) who can forecast how low the market will go and when we will reach this point. If they can prophesy about earthquakes and Tsunamis, then why not on the market?
6 comments:
NSE is in winter noe and it's cooold.
Coldtusker was a prophet in the wilderness calling out about poor valuations all of last year
True banks, but when its cold, we keep eachother warm.
As for cold tusker, we sure as hell need his prophetic services now!!!!
Hisagal: Sure market downturn is not should silence us and we must warm each other and preach the market gospel.
Kind a typed too fast.
Anyway, this is a good time to buy.
I am even more bullish about the NSE than I was at the begininning of the yr. I reckon there will be two period of opportunities before an eventual pick-up. Between now and when ODM-K does its nominations-it will then be clear who Kibz has to beat and investors can start doing their betting. And then between then and Oct/Nov. After that, the NSE will start going up.
Otherwise what are guys going to do with all this liquidity?
Ahh...hisagal, was on a break(u didnt see the post on my blog?.
am back, check out my new post
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