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The long bear
young
#31 Posted : Saturday, June 18, 2011 10:16:11 AM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
Mainat wrote:
Despite some moves north, NSE's equilibrium will be 4005 for until the other side of ze 2012 gen election.



Specualators are advised to trade with caution at this period.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
the deal
#32 Posted : Saturday, June 18, 2011 10:24:02 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Mainat wrote:
Despite some moves north, NSE's equilibrium will be 4005 for until the other side of ze 2012 gen election.

The NSE20 is currently inches away from an oversold position, this has only happened once in 2011, the 10 period moving average crossed below the 50 period moving average last Friday signaling a bearish outlook...seriously the macroeconomic picture isnt helping but I expect us to bounce from here depending if banks report good 1H numbers.
Cde Monomotapa
#33 Posted : Saturday, June 18, 2011 11:27:47 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Depending on where your money is..you can beat the pants off the NSE 20 this year. I.e via KCB, KK, Uchumi. I would like to be put on record for this. Thank you.
the deal
#34 Posted : Saturday, June 18, 2011 12:08:27 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Cde Monomotapa wrote:
Depending on where your money is..you can beat the pants off the NSE 20 this year. I.e via KCB, KK, Uchumi. I would like to be put on record for this. Thank you.

KCB has underperfomed the NSE20 for the past 4 years man despite all the RI...i was checking Thursday newspaper it had a billboard showing 2007 prices...KCB 32...Jub 180...Kk 85....
Cde Monomotapa
#35 Posted : Saturday, June 18, 2011 12:16:33 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@deal. Good lesson in history.
Aguytrying
#36 Posted : Saturday, June 18, 2011 12:57:27 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Aguytrying wrote:
QW25071985 wrote:
Aguytrying wrote:
I've been saying it, this will be a great year at the n.s.e. Things wont go down as most expect


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly . dnt make me laugh. are you callin for a bull market this year ??????


im not gonna label it bull or bear as most are so quick to do. All i mean is, there is money to be made this year.

my friend didn't you make cash from uchumi? More opportunities lie ahead, no matter if index up or index down.
The investor's chief problem - and even his worst enemy - is likely to be himself
youcan'tstopusnow
#37 Posted : Saturday, June 18, 2011 1:01:16 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
Depending on where your money is..you can beat the pants off the NSE 20 this year. I.e via KCB, KK, Uchumi. I would like to be put on record for this. Thank you.

Cde = put on recordsmile
GOD BLESS YOUR LIFE
Cde Monomotapa
#38 Posted : Saturday, June 18, 2011 1:19:05 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
Depending on where your money is..you can beat the pants off the NSE 20 this year. I.e via KCB, KK, Uchumi. I would like to be put on record for this. Thank you.

Cde = put on recordsmile

Gracias, gracias. I understand that you have one of the best memory banks on Wazua.
hisah
#39 Posted : Sunday, June 19, 2011 12:49:26 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
the deal wrote:
Mainat wrote:
Despite some moves north, NSE's equilibrium will be 4005 for until the other side of ze 2012 gen election.

The NSE20 is currently inches away from an oversold position, this has only happened once in 2011, the 10 period moving average crossed below the 50 period moving average last Friday signaling a bearish outlook...seriously the macroeconomic picture isnt helping but I expect us to bounce from here depending if banks report good 1H numbers.

Definitely the index will bounce from the oversell, but I'm not counting on banks. As @mainat states, the pivot for NSE is 4000 (was my target from the 4600 level selloff) and should remain so for months. As long as the 4200-4400 range is resistance, target remains 3000-3600 levels. And as @young states, speculators have to keep off...
Time to accumulate cheap bluechips especially industrials and banks for long term investors all the way to 2012. Then @guru will get her 5 year (15yr is too ambitious) bull run.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
erifloss
#40 Posted : Sunday, June 19, 2011 5:34:27 PM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
The best bets as of now are:
1. Banks especially ones that deal with SMEs & Agriculturals & that saw a leap in their forex income in q1. Also ones whose recoveries ratio was or is up (Equity Bank).
2. TPS, due to weakening of the shilling & strengthening of the rand, Kenya is now deemed a cheaper tourist destination as compared to SA one of our strongest competitors.
3. Though govt has subsidized fertilizer & International tea & coffee prices are up, we don't deal in value addition & have no control on imported machineries & other oil based inputs prices thus a dilution of sorts in income of most of the Agriculturals even though the shilling is weak.
4. As for KPLC & or KQ they might be good hedging shares but KPLC has a political effect as election is beckoning & power prices is/will be an issue while with KQ it might go either way as all will be determined by the international oil prices in the near future.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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