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How to tell NSE has bottomed out
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Now safaricom trades at all-time low ?????? even if results are bad let the weak hands get removed we will buy w/ a target at 8.00
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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QW25081985 wrote:Now safaricom trades at all-time low ?????? even if results are bad let the weak hands get removed we will buy w/ a target at 8.00 Seriously? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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mwekez@ji wrote:Cde Monomotapa wrote:Cde Monomotapa wrote:This mkt is turning upwards. The bids are being raised above early day lower trades. Mr. Market is refusing to pick those bids, turnover was a paltry 147M. ..... lets see how it goes next week hehe...i own only 4 stocks in the mkt. 
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:QW25081985 wrote:Now safaricom trades at all-time low ?????? even if results are bad let the weak hands get removed we will buy w/ a target at 8.00 Seriously? 8 bob*40B shares.
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Cde Monomotapa wrote:youcan'tstopusnow wrote:QW25081985 wrote:Now safaricom trades at all-time low ?????? even if results are bad let the weak hands get removed we will buy w/ a target at 8.00 Seriously? 8 bob*40B shares. @cde . saf has never printed 8 bob .??? what the excitement for !!! Pure technical analysis tell me that if we break 6 bob next stop is 8 bob... it just that i dnt have cash right now otherwise i would have bought a bucket load of safcon at 2.90 bob ! no joke ...
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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QW25081985 wrote:Cde Monomotapa wrote:youcan'tstopusnow wrote:QW25081985 wrote:Now safaricom trades at all-time low ?????? even if results are bad let the weak hands get removed we will buy w/ a target at 8.00 Seriously? 8 bob*40B shares. @cde . saf has never printed 8 bob .??? what the excitement for !!! Pure technical analysis tell me that if we break 6 bob next stop is 8 bob... it just that i dnt have cash right now otherwise i would have bought a bucket load of safcon at 2.90 bob ! no joke ... Btw, i'm not saying 8 bob is impossible just that it's an unsustainable price. Surely what will we be doing with a Safcom with a mkt cap. of 320B? Unless I get a super discount on buying, I will have to leave it to you.
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Cde Monomotapa wrote:QW25081985 wrote:Cde Monomotapa wrote:youcan'tstopusnow wrote:QW25081985 wrote:Now safaricom trades at all-time low ?????? even if results are bad let the weak hands get removed we will buy w/ a target at 8.00 Seriously? 8 bob*40B shares. @cde . saf has never printed 8 bob .??? what the excitement for !!! Pure technical analysis tell me that if we break 6 bob next stop is 8 bob... it just that i dnt have cash right now otherwise i would have bought a bucket load of safcon at 2.90 bob ! no joke ... Btw, i'm not saying 8 bob is impossible just that it's an unsustainable price. Surely what will we be doing with a Safcom with a mkt cap. of 320B? Unless I get a super discount on buying, I will have to leave it to you. you amaze me really ??? so safcom's price is capped by it market cap ??? what about apple or microsoft ?? it can even trade 20 bob when market value it at that price !!!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Wacha utani boss. Kenya's telecom mkt is too fluid for the market to be overly bullish on Safcom in the foreseeable future. Maybe Vision 2015.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:Wacha utani boss. Kenya's telecom mkt is too fluid for the market to be overly bullish on Safcom in the foreseeable future. Maybe Vision 2015. and even then Safcom will have to prove itself fundamentally. I wouldn't bet on hopium. Only Scan & ARM deserve that as far as I know 
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Cde Monomotapa wrote:mwekez@ji wrote:Cde Monomotapa wrote:Cde Monomotapa wrote:This mkt is turning upwards. The bids are being raised above early day lower trades. Mr. Market is refusing to pick those bids, turnover was a paltry 147M. ..... lets see how it goes next week hehe...i own only 4 stocks in the mkt. hehe...i am in the money
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How to tell NSE has bottomed out
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