Looking Back is a series of blog posts dedicated to looking back on the last 10 years in the Nairobi Stock Exchange. Peter has been analyzing the performance of these stocks on his Twitter timeline and has graciously allowed us to convert his tweets into posts for your reading. If you invested KES 100,000 in Stanbic 10 years ago, it would be worth about KES 284,000 in…
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Whenever we have conversations about investments in instruments such as stocks or real estate, there is always that one person whose default response is: The returns are too low, I would make more money if I invested in business instead. This person almost always manages to derail the conversation from the investment at hand, to a business that makes “way more money” than one could…
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Looking Back is a series of blog posts dedicated to looking back on the last 10 years in the Nairobi Stock Exchange. Peter has been analyzing the performance of these stocks on his Twitter timeline and has graciously allowed us to convert his tweets into posts for your reading. Looking back, if you invested KES 100,000 in Unga Limited’s stock ten years ago, you would today…
Read MoreLast week, the Nairobi Stock Exchange announced the launch of its derivatives market. NEXT is the Nairobi Securities Exchange (NSE) derivatives market that facilitates the trading of futures contracts in the Kenyan market. NEXT is regulated by the Capital Markets Authority (CMA). NEXT was established as a result of: Increased integration of the Kenyan financial markets with international markets; Increased volatility in asset prices in…
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Looking Back is a series of blog posts dedicated to looking back on the last 10 years in the Nairobi Stock Exchange. Peter has been analyzing the performance of these stocks on his Twitter timeline and has graciously allowed us to convert his tweets into posts for your reading. If you’d invested 100,000 shillings in Safaricom exactly 10 years ago, your investment would be worth…
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A picture is said to speak a thousand words, so I will cut short my prose by letting this one speak: Since 2010, the stock market, as represented by the benchmark NSE20 Index performed its best in March 2015 reaching a high of 5,499.64, and its worst this October 2018, slumping down to 2,782.97. And it will probably fall some more. I do not attempt…
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On rare occasions, I do speculate on the market. But as a rule, not with more than 20% of my portfolio. My speculation will be based on some expected market irrationality or a developing trend out of which I expect an unusual gain in the short-term (within a year), then I walk out of the position. Why I keep this at no more than 20%…
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2017 was not the easiest of years for Safaricom. First, the company got caught in the middle in a post-election political fight which saw a section of the opposition ask their supporters to boycott the company. There was no way whether the supporters did boycott and the effect of this on the company financially, but this was a position no business would want to find…
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I will tell this Kenya Airways (KQ) shares story in two parts. In the first part, I will explain what happened to our dear KQ shares during the recent restructuring that culminated in the resumption of trading on 29th November 2017. In the second part, I will illustrate the impact and in the spirit of sharing personal experiences – both follies and ‘wisdoms’ –…
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The NSE has some 66 odd listed companies. Unless analyzing companies is your day job or someone else is paying for it, it is impractical to obtain and analyze usable information on every single one. My strategy as shared in an earlier post is to keep my radar up and when something comes up at a high-level, it registers on my radar screen for further…
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