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mini correction in the offing
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bartum
#1 Posted : Wednesday, October 27, 2010 5:46:31 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
for the last one and so most shares of companies registered some gains of up to 50%. With financials results already factored in there shares, i feel a correction is imminent as next set of results come on january. Please prepare for cash.
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PKoli
#2 Posted : Wednesday, October 27, 2010 5:50:18 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
bartum wrote:
for the last one and so most shares of companies registered some gains of up to 50%. With financials results already factored in there shares, i feel a correction is imminent as next set of results come on january. Please prepare for cash.


There are specific shares that rose significantly during this period but we still have some that have lagards. I expect Coop, Equity, EABL to get some hits while others will seesaw
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the deal
#3 Posted : Wednesday, October 27, 2010 9:06:47 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The market is still cheap on a forward PE basis...but its also worth noting that most of this earnings are from a low base to me the real test will be 2011...that's when the wheel will come off especially on counters such as SCAN,EABL & Bamburi...
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VituVingiSana
#4 Posted : Wednesday, October 27, 2010 9:19:37 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
LOL... 2011 is going to be tough coz the 'cheap' buys might be going, going, gone...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#5 Posted : Wednesday, October 27, 2010 9:43:28 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Maybe 2011 will bring with it new listings
GOD BLESS YOUR LIFE
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guru267
#6 Posted : Wednesday, October 27, 2010 10:07:08 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I also see one especially at these levels profit takers who are not doing well in other markets may decide to take some from the NSE but I dont think all stocks have run their course... For example the financials and industrials are looking rich but the agriculturals are atill looking juicy...

I give agriculturals (kakuzi) my recommendation as a fully invested shareholder in the company...smile
Mark 12:29
Deuteronomy 4:16
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the deal
#7 Posted : Wednesday, October 27, 2010 10:32:43 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
youcan'tstopusnow wrote:
Maybe 2011 will bring with it new listings


Ja CFC insurance the spin off from CFCStanbic...
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PKoli
#8 Posted : Thursday, October 28, 2010 12:38:36 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
the deal wrote:
youcan'tstopusnow wrote:
Maybe 2011 will bring with it new listings


Ja CFC insurance the spin off from CFCStanbic...


When is the spin off coming? It has taken forever!
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sheep
#9 Posted : Thursday, October 28, 2010 1:23:13 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
The Feds are the ones to decide..if they go on with QE..stocks will most likely rally,though its not a given.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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the deal
#10 Posted : Tuesday, November 09, 2010 10:37:34 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Maybe its underway...
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