BUYING SHARES

[ATTACH=full]13049[/ATTACH]

[ATTACH=full]13050[/ATTACH]

This story makes buying shares really discouraging. With the current state of things any ray of better things to come?

1 Like

i dont think so maybe next year after xmas.

This is the time to buy the shares!

4 Likes

wooi icio no mbeca cia arume?

not just yet, they still have to go abit lower

Was watching CNN jana usiku and there are also major losses in Asian, European and US markets.

exactly, it hasnt hit Kenya yet. I watched Kenyan news jana all stations and there was nothing on black Monday #bananarepublic

Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett

1 Like

If stock market experts were so
expert, they would be buying stock,
not selling advice.

2 Likes

This is only for a short time…currently the market is correcting itself… Also remember this is wealth on paper. Once the market rebounds the guys you see there would almost make twice what they had. It’s simply a correction.

Not sure if its a correction per say if listed companies collapse left right and center. Plus mega losses being posted by companies will keep many away from the market

please go ahead!

Markets 101 - You need to have a global view of the markets. Don’t just look at the NSE in your backyard. This by itself is a correction based on the quick rebound that happened a while ago. There has been no correction for the last 4 years.

Also I don’t believe your notion of companies collapsing and mega losses. There maybe a going concern for only a few but not to the point of wrapping up operations. Individual investors (institutional ones are not) are the ones who are always scared and keep of the markets by converting their positions to low risks or even cash.

Those eight folks you see up there aren’t losing any sleep at all with the current happenings. They are diversified and behave like institutional investors.

2 Likes

indeed its a correction. Dont buy just yet, the prices will still dip till mid october

When you put it like this then it makes perfect sense.

Just a reaction to losses posted by KQ and Mumias all listed companies and seeking bailouts from government.

Azande China for devaluing your currency, wacha nitafute disposable cash ningoje shares zishuke kidogo ninunue