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Why the NSE Index is taking a continuous tumble
qw25041985
#21 Posted : Thursday, March 03, 2011 9:01:57 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Guyz lets not panic about NOTHING here. this so called 'sell-off' has no support.What i mean is that if you look at the VOLUMES that are causing this 'sell-off' they cannot sustain the sell-off.
The market is very weak because of the Middle East crisis as one or two investors cannot hold his/her emotions and decides to sell his stake at a LOSS.
I mean when a.k makes new low on 55,000 shares OR Kenya Re which has very good dividend policy to go with makes an all-time low on just 200,000 shares OR Kenya Airways which trades below NAV drops on a mere 40,000 shares what does that tell you.??? it plainly means bargains are falling right on your/our laps.
Those calling for bargain hunting are dead right !!!!!!!! Thats what we shld do,Right NOW...
Those calling foe Equity bank at 20.00 please !!!!!!!It might be easier getting the cure for A.I.D.S ..LOL . sincerely .

WHAT I AM STREESING HERE IS WE LOOK AT THE VOLUMES THAT ARE PULLING DOWN THIS STOCKS. Guyz you might need your umbrellas coz its raining bargains on the N.S.E
Your future depends on your dreams so go to sleep !
mgeman
#22 Posted : Thursday, March 03, 2011 9:11:59 PM
Rank: Member

Joined: 11/5/2010
Posts: 131
Location: kenya
qw25041985 wrote:

WHAT I AM STREESING HERE IS WE LOOK AT THE VOLUMES THAT ARE PULLING DOWN THIS STOCKS. Guyz you might need your umbrellas coz its raining bargains on the N.S.E

Ati umbrella! Pengine ikiwa upside down ndio uchukue hizo bargains zote!!!!!!Drool
I am an African

-Thambo Mbeki Speech
Fyatu
#23 Posted : Friday, March 04, 2011 8:32:28 AM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
The possibility of the grand coalition crumbling is imminent due to the wrangles in ODM.I would say political uncertainty is one reason why the index is not heading north
Dumb money becomes dumb only when it listens to smart money
ecstacy
#24 Posted : Friday, March 04, 2011 9:08:00 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
One thing you can bet your house on in all this noise and insults is that the MPigs are in Parliament & Cabinet to MAKE MONEY. If the coalition collapses, so they make or lose money?.. I guess then the coalition government ain't going anywhere my friend...
dave.kim
#25 Posted : Friday, March 04, 2011 9:52:33 AM
Rank: Member

Joined: 6/25/2010
Posts: 176
I think the market is in a very tricky situationt.Am sure the issues in the middle East wont be resolved immediately so the market will remain as it is or even go lower for a few more months. Moreover, its the eve of the election year and the parliament wrangles are coz politicians have gotten into campaign mode.most foreign investors are exiting the market and am speculating that more investors will exit the towards year end an wait it out upto 2013......My views
Anyone know of any other African markets with potential?
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
ProverB
#26 Posted : Friday, March 04, 2011 11:19:00 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
..Barclays likely to up...book closure for split on 15march

..Cables already underway..book closure on 18th
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
guru267
#27 Posted : Friday, March 04, 2011 12:14:46 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
vimto2505 wrote:
Hi Guys, I just want to know about kenyan stock market. Do you have any Future & Option instrument in market.

Also is it allowed to shortsell index / stock ?

I do trade in INDIA. My todays turnover was 1.8 million kenyan shiling.

I was just being curious about market hence asked.


hi @vimto2505 None of the above instruments are available on the Nairobi stock exchange..
Mark 12:29
Deuteronomy 4:16
hisah
#28 Posted : Friday, March 04, 2011 2:40:04 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
dave.kim wrote:
I think the market is in a very tricky situationt.Am sure the issues in the middle East wont be resolved immediately so the market will remain as it is or even go lower for a few more months. Moreover, its the eve of the election year and the parliament wrangles are coz politicians have gotten into campaign mode.most foreign investors are exiting the market and am speculating that more investors will exit the towards year end an wait it out upto 2013......My views
Anyone know of any other African markets with potential?

Rwanda Stock Exchange, Egypt, Tunisia and the Middle East markets.

Rwanda coz it's a new market in terms of change from OTC to Main market.

The other Arabic markets are so oversold due to panic sell. Wait for the panic to cease and then get in.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#29 Posted : Friday, March 04, 2011 6:58:54 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Hii NSE vile inaendelee kurega kurega towards 4000, I think in coming weeks we will need 'hopium' to bring back the rally... Stay tuned...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mufasa
#30 Posted : Sunday, March 06, 2011 5:38:51 AM
Rank: Member

Joined: 4/15/2008
Posts: 238
ProverB wrote:
..Barclays likely to up...book closure for split on 15march

..Cables already underway..book closure on 18th

This BBK counter is one of my favourites, sasini being the other one - Egypt, the tea buyers are now stabilizing politically. The question with BBK is when to get in. Should it be now or after the split?
Do it today! Tomorrow is promise to no-one.
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