Robert, I think it was you who (erroneously ) started talking about Zimbabwe. <br><br>Then, stock market performance doesn't have anything to do with the percentage of retail/small shareholders as such. Have you had a look at what percentage of shares on the LUSE is held by institutional investors vs retail investors, and done the same for the other stock markets that you list? <br>
<br>Like Facebook says: It's complicated. <br><br><div class="gmail_quote">On 22 February 2011 09:14, robert yawe <span dir="ltr"><<a href="mailto:robertyawe@yahoo.co.uk">robertyawe@yahoo.co.uk</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;"><div><div style="font-family: 'times new roman','new york',times,serif; font-size: 12pt;">
<div></div><div>Hi,</div><div><br></div><div><span style="color: rgb(51, 51, 51); font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 14px; line-height: 18px;">The best performing "stock exchange in Africa" was Zambia as its index rose more than 12 per cent while the second best monitored by African Alliance was Botswana (BSE DCI) at 8.3 per cent up and Nigeria (Nig ALSI) rose 7.5 per cent.</span></div>
<div><span style="color: rgb(51, 51, 51); font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 14px; line-height: 18px;"><br></span></div><div><span style="color: rgb(51, 51, 51); font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 14px; line-height: 18px;">Year to date, the NSE
(Nairobi Stock Exchange" 20-share index was down 16.5 per cent. At the end of January this year, the index had fallen 0.7 per cent before this accelerated as the year entered its second month.</span></div><div><span style="color: rgb(51, 51, 51); font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 14px; line-height: 18px;"><br>
</span></div><div><a href="http://www.businessdailyafrica.com/Corporate+News/NSE+loses+as+investors+look+for+markets+with+lower+valuations/-/539550/1112294/-/157a31i/-/" target="_blank">http://www.businessdailyafrica.com/Corporate+News/NSE+loses+as+investors+look+for+markets+with+lower+valuations/-/539550/1112294/-/157a31i/-/</a></div>
<div><a href="http://www.businessdailyafrica.com/Corporate+News/NSE+loses+as+investors+look+for+markets+with+lower+valuations/-/539550/1112294/-/157a31i/-/" target="_blank"></a><br>Sorry to ask McTim, what sources did you base your conclusion that the Zambians cannot afford to buy shares
in any company?</div><div><br></div><div>Regards</div><div class="im"><div> </div>Robert Yawe<br>KAY System Technologies Ltd<br>Phoenix House, 6th Floor<br>P O Box 55806 Nairobi, 00200<br>Kenya<br><br></div><div>Tel: +254722511225, +254202010696<div>
<br></div><div style="font-family: times new roman,new york,times,serif; font-size: 12pt;"><br><div style="font-family: arial,helvetica,sans-serif; font-size: 13px;"><font face="Tahoma" size="2"><div class="im"><hr size="1">
<b><span style="font-weight: bold;">From:</span></b> McTim <<a href="mailto:dogwallah@gmail.com" target="_blank">dogwallah@gmail.com</a>><br><b><span style="font-weight: bold;">To:</span></b> robert yawe <<a href="mailto:robertyawe@yahoo.co.uk" target="_blank">robertyawe@yahoo.co.uk</a>><br>
<b><span style="font-weight: bold;">Cc:</span></b> KICTAnet ICT Policy Discussions <<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a>><br></div><b><span style="font-weight: bold;">Sent:</span></b> Fri, 18 February, 2011 18:05:12<div class="im">
<br><b><span style="font-weight: bold;">Subject:</span></b> Re: [kictanet] Calling Rates - Airtel to de-list Celtel<br></div></font><div class="im"><br>On
Fri, Feb 18, 2011 at 5:56 PM, robert yawe <<a href="mailto:robertyawe@yahoo.co.uk" target="_blank">robertyawe@yahoo.co.uk</a>> wrote:<br>> They currently have shares in the company and Airtel wants to buy them off,<br>
> thats why.<br><br>I seriously doubt there are many folk in Zim (or Zambia) that can<br>afford to buy stock in any company, given the economic reality in Zim.<br> Corrupt politicians and the kleptocracy, certainly can afford<br>
shares.<br><br>> PS. Do you have an issue with us indigenous mortals?<br><br>Only when they steal from their brothers and sisters with impunity.<br><br>-- <br>Cheers,<br><br>McTim<br>"A name indicates what we seek. An address indicates where it is. A<br>
route indicates how we get there." Jon Postel<br></div></div></div></div><div></div>
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