Author Topic: I am very happy I never trusted this NSE thing  (Read 1065 times)

Offline RV Pundit

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I am very happy I never trusted this NSE thing
« on: September 07, 2021, 01:29:50 PM »
I remember being taken by my friend to NSE at Nation House in 2003 or around - and I just could not trust Jimnah Mbaru and gang

Nearly all my friends who invested in NSE - are now bitter with almost everything - their investment gone to the winds.

Please invest in real things in a super corrupt country like kenya.

https://www.businessdailyafrica.com/bd/economy/nse-investors-wealth-down-sh146-billion-3540830

Offline Kadudu

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Re: I am very happy I never trusted this NSE thing
« Reply #1 on: September 07, 2021, 02:47:35 PM »
NSE is a con. The brokers can even sell your shares without your permission with no consequences. The whole thing is run like a matatu sacco with all members coming from one village.

Offline KenyanPlato

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Re: I am very happy I never trusted this NSE thing
« Reply #2 on: September 07, 2021, 02:58:29 PM »
Nse..and most kenyan companies are useless. I have a few shares there but they were all money I was willing for lose. I will sell them once I get time. It is a very corrupt inept organization. It is always run by corrupt gema appointees

Offline RV Pundit

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Re: I am very happy I never trusted this NSE thing
« Reply #3 on: September 07, 2021, 02:59:10 PM »
Yes, it pure con job. And the likes of NSSF and pension fund get sucked. They would be better off investing in treasury bonds and real estate
NSE is a con. The brokers can even sell your shares without your permission with no consequences. The whole thing is run like a matatu sacco with all members coming from one village.

Offline Georgesoros

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Re: I am very happy I never trusted this NSE thing
« Reply #4 on: September 07, 2021, 03:07:08 PM »
Nse..and most kenyan companies are useless. I have a few shares there but they were all money I was willing for lose. I will sell them once I get time. It is a very corrupt inept organization. It is always run by corrupt gema appointees

Really???
Is there any good entity that works es envisioned for the long term good of the country??