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How to tell NSE has bottomed out
hisah
#1681 Posted : Tuesday, October 16, 2012 3:13:24 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
King G wrote:
guru267 wrote:
mlennyma wrote:
Index hits 16 month high with nothing much to celebrate on..


Sad to hear that as we made money some people were hiding in cocoons Sad

just off the top of my head in 2012

1. safcom 2.8bob-4.10bob (46%)
2. equity 16bob-23bob (44%)
3. KCB 16bob-28bob (75%)
4. EABL 170bob-240bob (41%)
5. KK 9.9bob-14bob (41%)
6. Kenya re 5.83bob-12bob (105% including bonus)
7. etc etc etc etc...

Where have you been? ama you are in losing counters??


But @guru there are aslo dips and suffering in the likes of HFCK, ICDC, AK,Coop NBK et all. it has not been rosy all the way

@KingG - how could you forget flight KQ sub rights and the worst performer at the NSE this year.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
sparkly
#1682 Posted : Tuesday, October 16, 2012 3:30:25 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
King G wrote:
guru267 wrote:
mlennyma wrote:
Index hits 16 month high with nothing much to celebrate on..


Sad to hear that as we made money some people were hiding in cocoons Sad

just off the top of my head in 2012

1. safcom 2.8bob-4.10bob (46%)
2. equity 16bob-23bob (44%)
3. KCB 16bob-28bob (75%)
4. EABL 170bob-240bob (41%)
5. KK 9.9bob-14bob (41%)
6. Kenya re 5.83bob-12bob (105% including bonus)
7. etc etc etc etc...

Where have you been? ama you are in losing counters??


But @guru there are aslo dips and suffering in the likes of HFCK, ICDC, AK,Coop NBK et all. it has not been rosy all the way


HF and Centum will have their day and i am taking positions at current levels. for the others, you cant be too sure.
Life is short. Live passionately.
mkonomtupu
#1683 Posted : Tuesday, October 16, 2012 3:36:53 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
sparkly wrote:
King G wrote:
guru267 wrote:
mlennyma wrote:
Index hits 16 month high with nothing much to celebrate on..


Sad to hear that as we made money some people were hiding in cocoons Sad

just off the top of my head in 2012

1. safcom 2.8bob-4.10bob (46%)
2. equity 16bob-23bob (44%)
3. KCB 16bob-28bob (75%)
4. EABL 170bob-240bob (41%)
5. KK 9.9bob-14bob (41%)
6. Kenya re 5.83bob-12bob (105% including bonus)
7. etc etc etc etc...

Where have you been? ama you are in losing counters??


But @guru there are aslo dips and suffering in the likes of HFCK, ICDC, AK,Coop NBK et all. it has not been rosy all the way


HF and Centum will have their day and i am taking positions at current levels. for the others, you cant be too sure.


I am also taking position in centum at prices below 12 after going through management AGM presentation. I think's grossly undervalued
S.Mutaga III
#1684 Posted : Tuesday, October 16, 2012 4:02:37 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
I wouldnt touch centum even with a nine foot pole...a company that does not give dividends....and remember everyone hates Chris...rem what he did to uchumi...he has done it before and will do it again....with Centum. I dont see any sense when net profit declines yet they retain the cash(that should be given as dividends) to expand the business...it means someone is pocketting the cash or otherwise.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
FUNKY
#1685 Posted : Tuesday, October 16, 2012 4:58:34 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Turnover rose to KSh.383M from the previous day’s KSh.222M, the number of shares traded stood at 16M against 10M posted yesterday.

The NSE 20 Share Index was up 2.92 points to stand at 4032.41 points.
All Share Index (NASI) up 0.13 points to stand at 88.02.

FTSE NSE Kenya 15 Index was up 0. 27 points to stand at 116.92.
FTSE NSE Kenya 25 Index was up 0.21 points to stand at 119.63
hisah
#1686 Posted : Wednesday, October 17, 2012 3:00:52 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
CMA appoints team to guide Kenya financial hub plan - http://www.businessdaily.../-/q8351mz/-/index.html

Let the games begin smile More hot money flood coming up if the team succeeds to put up a solid case.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ericsson
#1687 Posted : Wednesday, October 17, 2012 10:57:10 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
I agree centum is a dead dodo company.
james Mworia and Chris have wasted the money Peter Mwangi left the company with.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
youcan'tstopusnow
#1688 Posted : Thursday, October 18, 2012 10:53:37 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
The SA market is also on a roll.
South Africa's benchmark stock index closed above 33,000 for the first time in its 17-year history on Wednesday, booking a
record close for the third
straight day as investors piled into oversold mining firms such as Anglo American.
http://af.reuters.com/ar...s/idAFJOE89G02N20121017
GOD BLESS YOUR LIFE
mwekez@ji
#1689 Posted : Friday, October 19, 2012 9:04:29 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
We have been in a Bull Market as has most of Africa throughout 2012 and I expect any Corrections to remain shallow and short lived as They have been all Year. If we can get the Election off with a semblance of Decorum and Efficacy next Year, this Bull Market will have Lift Off. Rich
hisah
#1690 Posted : Friday, October 19, 2012 12:50:28 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
EABL and BAT volume spikes since Sept...! This is hot money as per the turnover amounts.

As for the banks, KCB takes the crown for March, April, May, Sept and Oct. Most likely huge spike will come up in Nov as Q3 results come in.

Mpesa bank huge spikes were in Feb, May and Sept. In Nov we will see huge spike again as H1 results are published.

I'm also watching KQ to see its reaction once H1 results are published in Nov.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
570 Pages«<167168169170171>»
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