wazua Thu, Mar 26, 2026
Welcome Guest Search | Active Topics | Log In

570 Pages«<160161162163164>»
How to tell NSE has bottomed out
Options
Previous Topic · Next Topic
hisah
#1611 Posted : Thursday, September 06, 2012 6:05:24 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
guru267 wrote:
Sufficiently Philanga....thropic wrote:
youcan'tstopusnow wrote:
Safaricom hitting a high of 4.10

It will be all eyes on Scom tomorrow!


I have all eyes on banks & insurance!

Equity has lagged kcb for a while, I expect memba to rally to 28/- faster than kcb! CFC & Coop have lagged, they'll catch up soon. SCBK & NBK are the only ones that marked down their bonds to market. Big gains for them coming up. Britank has been consolidating for next move up - target 7.20. Insurance stocks will rally, not sure about CIC. Looking to see if 3.50/- is defended.

I thot that mpesa bank would be at this level around Jan 2013, but clearly I underestimated the calf growing fast!

NSE is still on course to test 4000 in 2012. But at this level a lot of counters have flipped 40% plus gains thus profit taking will slow things down. NSE is in overbought zone since late June and a correction is due. Rotation will thus favour stocks (with rosy future earnings) that lagged the index rally.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#1612 Posted : Thursday, September 06, 2012 6:16:46 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Not forgetting headlines such as best market performance in Africa - yes NSE has achieved this so far. Such bullish headlines are a signal to take profits or take a pause for the next discount entry. The opposite refers to a buy signal - doom & gloom headlines of a bear run.

www.businessdailyafrica....8/-/wq4r4hz/-/index.html

Finally, let's not forget to be cautious about euroland. The spanners from there could wreck the party easily... Sept 12 German court ruling is critical.
And should it disappoint, global markets have a long way to fall.


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
mwekez@ji
#1613 Posted : Thursday, September 06, 2012 11:16:04 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
guru267 wrote:
Sufficiently Philanga....thropic wrote:
youcan'tstopusnow wrote:
Safaricom hitting a high of 4.10

It will be all eyes on Scom tomorrow!


I have all eyes on banks & insurance!


Same as @guru. MPC has spoken well!
Back to top
  |
guru267
#1614 Posted : Thursday, September 06, 2012 11:49:48 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
Not forgetting headlines such as best market performance in Africa - yes NSE has achieved this so far. Such bullish headlines are a signal to take profits or take a pause for the next discount entry. The opposite refers to a buy signal - doom & gloom headlines of a bear run.

www.businessdailyafrica....8/-/wq4r4hz/-/index.html


Three reasons why the NSE boom is just getting started!!

1. SINGLE DIGIT P/E RATIOS
2. DOUBLE DIGIT DIVIDEND YIELDS
3. DISCOUNTS TO NAV
Mark 12:29
Deuteronomy 4:16
Back to top
  |
hisah
#1615 Posted : Thursday, September 06, 2012 12:19:42 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
guru267 wrote:
hisah wrote:
Not forgetting headlines such as best market performance in Africa - yes NSE has achieved this so far. Such bullish headlines are a signal to take profits or take a pause for the next discount entry. The opposite refers to a buy signal - doom & gloom headlines of a bear run.

www.businessdailyafrica....8/-/wq4r4hz/-/index.html


Three reasons why the NSE boom is just getting started!!

1. SINGLE DIGIT P/E RATIOS
2. DOUBLE DIGIT DIVIDEND YIELDS
3. DISCOUNTS TO NAV

I'm aware of the above, but praise headlines always signal profit taking around the corner. Check out the trend globally.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
guru267
#1616 Posted : Thursday, September 06, 2012 12:55:37 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
guru267 wrote:
hisah wrote:
Not forgetting headlines such as best market performance in Africa - yes NSE has achieved this so far. Such bullish headlines are a signal to take profits or take a pause for the next discount entry. The opposite refers to a buy signal - doom & gloom headlines of a bear run.

www.businessdailyafrica....8/-/wq4r4hz/-/index.html


Three reasons why the NSE boom is just getting started!!

1. SINGLE DIGIT P/E RATIOS
2. DOUBLE DIGIT DIVIDEND YIELDS
3. DISCOUNTS TO NAV

I'm aware of the above, but praise headlines always signal profit taking around the corner. Check out the trend globally.


How many countries have all the fundamentals mentioned above??

Answer: 0

Who else is dropping their CBR 350bps???

Profit taking wapi?
Mark 12:29
Deuteronomy 4:16
Back to top
  |
guru267
#1617 Posted : Thursday, September 06, 2012 12:59:37 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:

Equity has lagged kcb for a while, I expect memba to rally to 28/- faster than kcb!


@hisah why would insult simba like this?
Mark 12:29
Deuteronomy 4:16
Back to top
  |
Sufficiently Philanga....thropic
#1618 Posted : Thursday, September 06, 2012 1:49:43 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
guru267 wrote:
hisah wrote:

Equity has lagged kcb for a while, I expect memba to rally to 28/- faster than kcb!


@hisah why would insult simba like this?

@SufficientlyP
Back to top
  |
StatMeister
#1619 Posted : Thursday, September 06, 2012 4:30:56 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
3900, so near yet so far
A bad day fishing is better than a good day at work
Back to top
  |
FUNKY
#1620 Posted : Thursday, September 06, 2012 4:33:20 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
" Some 13M shares valued at KSh.417M were traded in 1,200 deals, down from 14M shares that were valued at KSh.553M posted yesterday.

The NSE 20 Share Index shed 9.31 points to stand at 3888.14.
All Share Index (NASI) eased 0.47 points to stand at 85.35.

FTSE NSE Kenya 15 Index was up 0.44 points to settle at 113.61.
FTSE NSE Kenya 25 Index was up 0.50 points to settle at 116.17."
Back to top
  |
570 Pages«<160161162163164>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.