Just40:
😂🤣

I don't like to manage egos these days

Vawu 😂

GeneralDae:

Like I gave in my reply above, 1.75 trillion shillings can't be 17 Billion dollars. Let me post your top 5 companies again. Safaricom literally owns Kenyan market. This is the real monopoly.

Top 4 for kenya are strictly Kenyan owned.

Top 4 in Ghana; apart from the one man Dangote firm, are not Nigerian owned.


If we go apples for apples, kenya takes it.back to my point:

In top ten largest companies; No Nigeria firm is represented. Correct?

In top ten largest company by Market carp; kenya is represented, correct?

Shma2023:

Wrong; it's $13Billion as calculated by @generaldae. Your calculation sucks! Maybe it's because your cognitive ceiling is at Dwarf level.

Don't pope your nose into big boys affairs. Ghana market capitalization 2023 is a paltry $6B. That's how irrelevant Ghana is.

Yeah it's Sad that Ghana market cap has drop from 32 billion to 6 billion dollars but it is climbing back up.

You've forgotten we are in may and your exchange rate is 136 official and not 130 if March

ItooWorWor:


Vawu 😂

all day 😂🤣

Just40:
all day 😂🤣

Lol, no peace for lairs

ItooWorWor:


First 1.75trnksh is not upto $17bn.

And for the bold why?

I still can't believe Kenyan shillings has depreciated to that level. I'm in disbelief. But yeah, ksh1.7tn is $13B. What is your point?

ItooWorWor:

Lol, no peace for lairs

lying shouldn't be tolerated at all

Shma2023:


Top 4 for kenya are strictly Kenyan owned.

Top 4 in Ghana; apart from the one man Dangote firm, are not Nigerian owned.


If we go apples for apples, kenya takes it.back to my point:

In top ten largest companies; No Nigeria firm is represented. Correct?

In top ten largest company by Market carp; kenya is represented, correct?

You don't wanna go that route


How many Kenya companies on stock is worth a billion dollar?

Just40:
Yeah it's Sad that Ghana market cap has drop from 32 billion to 6 billion dollars but it is climbing back up.

You've forgotten we are in may and your exchange rate is 136 official and not 130 if March

It has actually appreciated from $5B to $6B. Lie to your fellow dwarfs, not to intellects who are versed with web scrapping.

The data I posted was for January; when exchange rate was 128 there about. Don't peddle rumors. Fact-check _ FIRST!

Just40:
lying shouldn't be tolerated at all

Agreed 😁💯

Shma2023:


Top 4 for kenya are strictly Kenyan owned.

Top 4 in Ghana; apart from the one man Dangote firm, are not Nigerian owned.


If we go apples for apples, kenya takes it.back to my point:

In top ten largest companies; No Nigeria firm is represented. Correct?

In top ten largest company by Market carp; kenya is represented, correct?

Lol. BUA cement is part of the top four. BUA cement and Dangote cement combined is around 16.9 Billion dollars, bigger than the entire Kenyan market share.
Only 3 companies from the Nigerian top ten are foreign.
MTN, Airtel, and Nestle.

ItooWorWor:


You don't wanna go that route


How many Kenya companies on stock is worth a billion dollar?

Kenyan company! Not kenya.

Several... Pretty much just like Nigeria's.

GeneralDae:

Lol. BUA cement is part of the top four. BUA cement and Dangote cement combined are around 16.5 Billion dollars, bigger than the entire Kenyan market share.
Only 3 companies from the Nigerian top ten are foreign.
MTN, Airtel, and Nestle.

Our biggest will still wear the crown in Nigeria; do you agree? I mean; No.1 largest company by market capitalization in Nigeria and kenya= Safaricom.

Me, you aren't addressing the point I'm giving you. I asked you two question whichbyou're yet to dignify with proper answers.

Shma2023:


Kenyan company! Not kenya.

Several... Pretty much just like Nigeria's.

Na!

Not me and you face the topic and answer me.

Shma2023:

Our biggest will still wear the crown in Nigeria; do you agree?

Me, you aren't addressing the point I'm giving you. I asked you two question whichbyou're yet to dignify with proper answers.

That was not the argument.

ItooWorWor:


Na!

Not me and you face the topic and answer me.

You're a nonentity to me. I know you not. I can't dignify anything you post here with any serious answer.

So chill there.

Shma2023:

Our biggest will still wear the crown in Nigeria; do you agree?

Me, you aren't addressing the point I'm giving you. I asked you two question whichbyou're yet to dignify with proper answers.

Your biggest is at 11.9 Billion dollars while your second biggest is struggling at 1.6 Billion dollars. Dangote is at 11.2 Billion dollars and still rising faster than Safaricom at the moment.

Your entire market is basically Safaricom. This is not good. No wonder your market has been struggling. If Safaricom goes under, the market is at Botswana levels.

GeneralDae:

Lol. BUA cement is part of the top four. BUA cement and Dangote cement combined is around 16.9 Billion dollars, bigger than the entire Kenyan market share.
Only 3 companies from the Nigerian top ten are foreign.
MTN, Airtel, and Nestle.

He calls Nigeria a one man show while Safaricom takes almost 80% of their stock market.

Shma2023:

You're a nonentity to me. I know you not. I can't dignify anything you post here with any serious answer.

So chill there.

As expected. 😂🤣

Shma is running from pillar to tillar

ItooWorWor:


He calls Nigeria a one man show while Safaricom takes almost 80% of their stock market.

Safaricom/Mpesa the bedrock of Kenyan economy.
I think Safaricom should expand more in this case and not depend too much on the East African market since they are the lifeblood of the East African Equities.

GeneralDae:

Your biggest is at 11.9 Billion dollars while your second biggest is struggling at 1.6 Billion dollars. Dangote is at 11.2 Billion dollars and still rising faster than Safaricom at the moment.

Your entire market is basically Safaricom. This is not good. No wonder your market has been struggling. If Safaricom goes under, the market is at Botswana levels.

Again, that's not what I addressed. Mind you_ we can dig dipper and invent per-capita. I kid you not, Nigeria is struggling in that regard, and by virtue of having several single-owned companies. Why are foreign companies thriving in Nigeria? Population! Kenya is good at where we are.

Safaricom is the biggest company in kenya and Nigeria ; do you agree? YES or NO answer will suffice.

GeneralDae:

Safaricom/Mpesa the bedrock of Kenyan economy.

Rvp should pls come define monopoly for us.

ItooWorWor:
Shma is running from pillar to tillar

Don't mind him . This is what Philosophers called grasping at straws

GeneralDae:

Safaricom/Mpesa the bedrock of Kenyan economy.
I think Safaricom should expand more in this case and not depend too much on the East African market since they are the lifeblood of the East African Equities.

Safaricom won't survive elsewhere.

ItooWorWor:


Safaricom won't survive elsewhere.

True and I have always wondered why.

GeneralDae:

Don't mind him . This is what Philosophers called grasping at straws

No one is disputing your total market caputalization. You have population ; pretty much five times than kenya. Meaning; you should be doing more or less $60B _ then you have the advantage of Airtel and MTN. .

Grasping at straw is different _ don't degrade philosophers who invented the term.

GeneralDae:

Lol. BUA cement is part of the top four. BUA cement and Dangote cement combined is around 16.9 Billion dollars, bigger than the entire Kenyan market share.
Only 3 companies from the Nigerian top ten are foreign.
MTN, Airtel, and Nestle.

MTN Nigeria is not foreign, Nestle Nigeria is also not wholly foreign, only Airtel NG has a significant foreign shares that local shares.

And Kenya biggest company safaricom is not wholly owned by Kenyans.

Shma2023:


Again, that's not what I addressed. Mind you_ we can dig dipper and invent per-capita. I kid you not, Nigeria is struggling in that regard, and by virtue of having several single-owned companies. Why are foreign companies thriving in Nigeria? Population! Kenya is good at where we are.

Safaricom is the biggest company in kenya and Nigeria ; do you agree? YES or NO answer will suffice.

Per capita again?? 😄.
Note that Nigeria has huge disparity in exchange rate which has drastically reduced foreign investors in our market. So the investors in those stocks are over 95% local as at 2023.
Market used to be valued at over 100 Billion dollars not too long ago.

Shma2023:

It has actually appreciated from $5B to $6B. Lie to your fellow dwarfs, not to intellects who are versed with web scrapping.

The data I posted was for January; when exchange rate was 128 there about. Don't peddle rumors. Fact-check _ FIRST!

yes and that is why I said it's going up.
It was 32 billion dollars before.

The data is telling you is for 1st quarter ending March when kshs was 130. In this second quarter kshs is 136 and that is why it has dropped to 12 billion for Kenya.

Shaytun:


MTN Nigeria is not foreign, Nestle Nigeria is also not wholly foreign, only Airtel NG has a significant foreign shares that local shares.

And Kenya biggest company safaricom is not wholly owned by Kenyans.

I know but they would argue.
They would insist since the parent company is foreign, then it must be foreign.

Shma2023:

No one is disputing your total market caputalization. You have population ; pretty much five times than kenya. Meaning; you should be doing more or less $60B _ then you have the advantage of Airtel and MTN. .

Grasping at straw is different _ don't degrade philosophers who invented the term.

By your logic Shanghai stock should be doing better than NYC Shma stop sniffing expired coke.