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mwanahisa
#61 Posted : Thursday, October 07, 2010 12:11:30 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Call me a hater if you will. I am thinking there will be an almighty crash soon. This price just doesn't make sense. I would take my money while it is still there. Anyone remember Cables at 110? Looks like such a long time ago!
PKoli
#62 Posted : Thursday, October 07, 2010 12:15:27 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
mwanahisa wrote:
Call me a hater if you will. I am thinking there will be an almighty crash soon. This price just doesn't make sense. I would take my money while it is still there. Anyone remember Cables at 110? Looks like such a long time ago!



That was my opinion but I do not want to be a prophet of doom
MaichBlack
#63 Posted : Thursday, October 07, 2010 12:19:00 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,846
wote wrote:
I have given orders for my stockbrokers to sell all my holdings in this counter at Ksh 80.00

If you had said that a couple of weeks ago, I would have thought you are on cheap drugs but I believe you can even get more than that - fundamentals not withstanding.

As @Gatheuzi pointed out, it is gaining by the maximum allowed limit which means it can still go higher. Demand also outstrips supply with supply being at 0 at times!! If you have b*lls of steel you can wait it out but also have @Pkoli's sentiments in mind, it can head south. Nobody can explain the rise, so this is a pure speculative game.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Jamani
#64 Posted : Thursday, October 07, 2010 12:20:32 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
mwanahisa wrote:
Call me a hater if you will. I am thinking there will be an almighty crash soon. This price just doesn't make sense. I would take my money while it is still there. Anyone remember Cables at 110? Looks like such a long time ago!


@Mwanahisa, i agree with you that we could soon start seeing a gravitational move, however why are those people buying at that price? and still pushing the price upwards what have they heard? even after learning the circus of cables and worse more uch-mi they are still buying iko nini?
VituVingiSana
#65 Posted : Thursday, October 07, 2010 12:27:04 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
Who is buying???

[I do not know if Thakrar can sell (coz of his position as CEO) at any time he wants to but if he can, he should flood the market! Cash in...]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
PKoli
#66 Posted : Thursday, October 07, 2010 12:34:21 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
VituVingiSana wrote:
Who is buying???

[I do not if Thakrar can sell but if he can, he should flood the market! Cash in...]


That is the million dollar question? I wonder the p/e it is trading now! No one cares, I am scared!
Jamani
#67 Posted : Thursday, October 07, 2010 12:36:40 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
VituVingiSana wrote:
Who is buying???

[I do not if Thakrar can sell but if he can, he should flood the market! Cash in...]


[quote=VituVingiSana]Who is buying??? jana foreign investors bought above 95% leo they have so far bought slightly above 50%
PKoli
#68 Posted : Thursday, October 07, 2010 12:42:22 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Jamani wrote:
VituVingiSana wrote:
Who is buying???

[I do not if Thakrar can sell but if he can, he should flood the market! Cash in...]


[quote=VituVingiSana]Who is buying??? jana foreign investors bought above 95% leo they have so far bought slightly above 50%


What do these guys know that we dont?
Wondergirl
#69 Posted : Thursday, October 07, 2010 12:42:30 PM
Rank: Member

Joined: 9/12/2009
Posts: 312
How is the supply. yestarday's demand outstripped the supply.Is it the same case today??
2012
#70 Posted : Thursday, October 07, 2010 12:43:47 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Yaani Scangroup company (capitalization) is now worth more than Kenol Kobil, NIC Bank and will soon overtake Mumias

BBI will solve it
:)
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