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How to tell NSE has bottomed out
holycow
#2351 Posted : Thursday, February 21, 2013 8:27:13 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
91 day T-bills up,

NAIROBI, Feb 21 (Reuters) - The weighted average yield on Kenya's benchmark 91-day Treasury bills rose to 8.928 percent at auction on Thursday from 8.213 percent last week, the central bank said.

http://www.cnbc.com/id/100480054

Stocks might be affected, interest rates up.
hisah
#2352 Posted : Friday, February 22, 2013 8:42:35 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
holycow wrote:
91 day T-bills up,

NAIROBI, Feb 21 (Reuters) - The weighted average yield on Kenya's benchmark 91-day Treasury bills rose to 8.928 percent at auction on Thursday from 8.213 percent last week, the central bank said.

http://www.cnbc.com/id/100480054

Stocks might be affected, interest rates up.

If TB 91 day vaults past CBR that would be a money market trend reversal signal with a bad taste for equities. I'm also monitoring this as well as inflation.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2353 Posted : Friday, February 22, 2013 8:59:06 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Aguytrying wrote:
hisah wrote:
Pulled the trigger on cfci due to volume pattern. Bought 30000 @7. Now I sit tight. 1st target 9.00.

AK after break above 6.50 means that bulls are in charge... Wapi @QW

KK is coming back to life. Above 14.50 should get things moving.

Watch those breakouts they're coming - some selloffs & some rallies.


Welcome to liberty. you make me like adding more to those i picked. Big volumes yesterday and today.

Interesting how often we converge yet you are a trader and im a value investor. Eg HFCK(i think), kengen, and now cfci.

Since kengen moved too fast to catch it I decided that I'll shift base to CFCI for the time being, but this will be short term (3 months max, still got an eye on adding to kcb before exdiv). Also that Kengen rights surprise news wave by CMA acting head has poured cold water on things. Such a shame if indeed it is true and the announcement came from the market regulator instead of Kengen Shame on you Shame on you


@aguy - seems like that kengen rights issue spook won't happen. We might get another buying window soon smile

http://www.businessdaily.../-/oluh4nz/-/index.html

That CMA guy should be sued for pulling the handbrake on kengen by yapping about a rights issue. Liar
Bure kabisa.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
For Sport
#2354 Posted : Friday, February 22, 2013 9:00:51 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
hisah wrote:
holycow wrote:
91 day T-bills up,

NAIROBI, Feb 21 (Reuters) - The weighted average yield on Kenya's benchmark 91-day Treasury bills rose to 8.928 percent at auction on Thursday from 8.213 percent last week, the central bank said.

http://www.cnbc.com/id/100480054

Stocks might be affected, interest rates up.

If TB 91 day vaults past CBR that would be a money market trend reversal signal with a bad taste for equities. I'm also monitoring this as well as inflation.

Depending on whether you're buying or selling :)
Aguytrying
#2355 Posted : Friday, February 22, 2013 10:11:46 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
hisah wrote:
Aguytrying wrote:
hisah wrote:
Pulled the trigger on cfci due to volume pattern. Bought 30000 @7. Now I sit tight. 1st target 9.00.

AK after break above 6.50 means that bulls are in charge... Wapi @QW

KK is coming back to life. Above 14.50 should get things moving.

Watch those breakouts they're coming - some selloffs & some rallies.


Welcome to liberty. you make me like adding more to those i picked. Big volumes yesterday and today.

Interesting how often we converge yet you are a trader and im a value investor. Eg HFCK(i think), kengen, and now cfci.

Since kengen moved too fast to catch it I decided that I'll shift base to CFCI for the time being, but this will be short term (3 months max, still got an eye on adding to kcb before exdiv). Also that Kengen rights surprise news wave by CMA acting head has poured cold water on things. Such a shame if indeed it is true and the announcement came from the market regulator instead of Kengen Shame on you Shame on you


@aguy - seems like that kengen rights issue spook won't happen. We might get another buying window soon smile

http://www.businessdaily.../-/oluh4nz/-/index.html

That CMA guy should be sued for pulling the handbrake on kengen by yapping about a rights issue. Liar
Bure kabisa.



very unprofessional by that cma official. im looking into the implications of the new debt method.

Kplc is coming back into my focus, at sub 16.00 very interested.
KK too now at 12.50, at lower id also get very interested.
The investor's chief problem - and even his worst enemy - is likely to be himself
mkonomtupu
#2356 Posted : Friday, February 22, 2013 11:35:51 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
The bigger picture on KK and and East Africa oil market

DUBAI/GENEVA (Reuters) - East Africa's emerging oil products market has sparked intense competition between traders hunting for better profits to bolster tight margins in Europe and the Middle East.
Oil traders with Gulf operations based in Dubai are looking to sell into an East African market now worth $15 billion a year to supply oil products to power emerging economies growing on the back of a rising population and robust mining activity.

The Swiss commodities giant Trafigura revealed that Africa generated $29 billion worth of revenues in 2012, almost a quarter of its revenues, highlighting the big growth story albeit high risks.
Its Africa-focused subsidiary Puma, which is being prepared to float, has shown strong interest in buying downstream assets in Africa and last year started talks to acquire majority stake in Kenyan fuel marketer KenolKobil but the outcome is not clear.
http://news.yahoo.com/ea...-120021377--finance.html
hisah
#2357 Posted : Friday, February 22, 2013 11:38:09 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
S.Mutaga III wrote:
hisah wrote:
KK... Closing below 13/- means downside risks are now in play. Breakout to the downside with 12.50 near term support then back to 11. Hold on tight those still in the ship. Should the puma deal come undone, capitulation central...

MSC line in the sand is 4.50, below that 3.60 is open for challenge! Sugar guru vs guru267 bet coming alive and sugar guru (njunge) is in the lead...

A third of my portfolio is in Mumias,A third is in KK and the other third is in cash. When I see such a post, I just hold on to my nuts...to confused on what to do. Do I average down with the remaining cash or do I look for another counter especially now that prices are becoming more attractive as the elections approach?

Why are you investing in these counters? Only you can answer this then make a decision. Between kk & msc which is able to see the light if things get thick?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kazee
#2358 Posted : Friday, February 22, 2013 12:01:56 PM
Rank: Member

Joined: 9/18/2006
Posts: 131
Have liquidated all my stocks and now holding cash. With only a week to elections it seems sell offs will not be coming in a big tide as expected to push the re-entry prices lower between now and March 4th. Taking into account that a run-off is most probable, i tend to think the anxiety during the period before March 4th and run off date may trigger a bigger sale providing a better re-entry opportunity. Someone correct me on this.
ChessMaster
#2359 Posted : Friday, February 22, 2013 12:12:54 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
hisah wrote:
hisah wrote:
Aguytrying wrote:
hisah wrote:
Pulled the trigger on cfci due to volume pattern. Bought 30000 @7. Now I sit tight. 1st target 9.00.

AK after break above 6.50 means that bulls are in charge... Wapi @QW

KK is coming back to life. Above 14.50 should get things moving.

Watch those breakouts they're coming - some selloffs & some rallies.


Welcome to liberty. you make me like adding more to those i picked. Big volumes yesterday and today.

Interesting how often we converge yet you are a trader and im a value investor. Eg HFCK(i think), kengen, and now cfci.

Since kengen moved too fast to catch it I decided that I'll shift base to CFCI for the time being, but this will be short term (3 months max, still got an eye on adding to kcb before exdiv). Also that Kengen rights surprise news wave by CMA acting head has poured cold water on things. Such a shame if indeed it is true and the announcement came from the market regulator instead of Kengen Shame on you Shame on you


@aguy - seems like that kengen rights issue spook won't happen. We might get another buying window soon smile

http://www.businessdaily.../-/oluh4nz/-/index.html

That CMA guy should be sued for pulling the handbrake on kengen by yapping about a rights issue. Liar
Bure kabisa.



I don't mind.Let it fall.
Uncertainty is certain.Let go
Sufficiently Philanga....thropic
#2360 Posted : Friday, February 22, 2013 12:25:28 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
kazee wrote:
Have liquidated all my stocks and now holding cash. With only a week to elections it seems sell offs will not be coming in a big tide as expected to push the re-entry prices lower between now and March 4th. Taking into account that a run-off is most probable, i tend to think the anxiety during the period before March 4th and run off date may trigger a bigger sale providing a better re-entry opportunity. Someone correct me on this.

No one to correct you. Time will indeed correct you,as it does to everyone.
I believe in Kenya & will continue to add into my Scom & Kcb portions next week but one & then raid the industrials which always follow the financials.

#Makingmoney2013
@SufficientlyP
570 Pages«<234235236237238>»
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