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How to tell NSE has bottomed out
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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KK VWAP closes @10.85 as the dead cat bounce fades. Now waiting for MSC and KQ to follow suit. Today Mpesa bank and EABL dominated trading sharing the turnover 111M and 129M respectivily. Having traded a high of 6.50 on volume fumes as the euphoria heated up last week, it is likely that that high will be revisited in the next orderly upleg. Volume today was anaemic across several counters with demand slowly returning after the 3 day selloff from the euphoria high. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Longhorn trades at 8.50 nowadays, by the way. #ForgottenStocks GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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The Bourse opened the week with a total of 23M shares valued at Kes.347M, down from Kes.489M on a volume of 22M shares posted last Friday.
The NSE 20 Share Index shed 47.07 points to stand at 4727.04.
All Share Index (NASI) eased 0.67 points to stand at 112.56.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Foreigners accounted for 70% of the trades today. We'll wake up one day and find our market has turned to foreigners only ... he he
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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NMG to release FYR on Wed, 20th March
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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mwekez@ji wrote:Foreigners accounted for 70% of the trades today. We'll wake up one day and find our market has turned to foreigners only ... he he Dr. James Mwangi did warn us once... The harder you work, the luckier you get
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Rank: Member Joined: 1/25/2010 Posts: 344
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theking wrote:SittingPretty wrote:theking wrote:i like the way CIC n CFCI traders play around with the market. CIC supply has been cleared out. next wl b CFCI. the rally is just about to begin ... would it be wrong to say this counters are being manipulated by supply? The small trades, and lifting the prices and in 5 mins supply is wiped out  1:57p.m. DEMAND 676,100 5.40/= zero SUPPLY having done a low of 4.80/=. casino game 10:07a.m. CIC DEMAND 1,276,300 5.75/= ZERO SUPPLY.....the drama continues
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Rank: Member Joined: 9/18/2006 Posts: 131
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theking wrote:theking wrote:SittingPretty wrote:theking wrote:i like the way CIC n CFCI traders play around with the market. CIC supply has been cleared out. next wl b CFCI. the rally is just about to begin ... would it be wrong to say this counters are being manipulated by supply? The small trades, and lifting the prices and in 5 mins supply is wiped out 1:57p.m. DEMAND 676,100 5.40/= zero SUPPLY having done a low of 4.80/=. casino game 10:07a.m. CIC DEMAND 1,276,300 5.75/= ZERO SUPPLY.....the drama continues Kenya Re has been the only disappointing insurance stock. I am barely above water on this one while CFCI and panafric are stellar performers.
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Buses now departing the stage..
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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I feel like i am in a flight with the aircraft out of control mala juu mala chini at high speed..beauty is its never touching ground yet.
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Rank: Member Joined: 9/18/2006 Posts: 131
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dunkang wrote:kazee wrote:hisah wrote:dunkang wrote:And Jubilee has decided to wear its own uniform. RED The insurance buses are reversing back to the stage after realizing they left a lot of stranded passengers  Those wanjikus that boarded the buses while on full speed sustained injuries.
For now the election petition is creating an interesting spin of events and charging up the insurance fear. I like this. Once that barrier is cleared, the buses become rockets for good... Stay tuned.
Demand is building up on most counters. The rally might reinvent itself at around tuesday/wednesday next week. FORGET! FORGET! FORGET! Until after the election petition is dealt with, don't look at the Market with a smile. @Dunkang, looks like I wasn't so wrong after all.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Equity and Tranny doing some good volumes today... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:Equity and Tranny doing some good volumes today...
With such high volumes for Tranny(lol). I wouldn't be surprised to read a business daily article in a few months showing top shareholders selling. If Its such a great company, why would top shareholders be so keen to sell their shares at a price half of the listing price? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Turnover rose to Kes.741M from the previous day’s Kes.347M, the number of shares traded stood at 33M against 23M posted yesterday. The NSE 20 Share Index shed 5.82 points to stand at 4721.23. All share Index (NASI) was up 0.64 points to stand at 113.20. Storm is over? GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Was there really a storm for civilized counters like hfck? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Its very cold in NRB today. Good the market is not. Advance/Decline ratio, 21/7
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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youcan'tstopusnow wrote:Longhorn trades at 8.50 nowadays, by the way. #ForgottenStocks
 Wonder how its PB,PE,ROE,ROI & ROA look like. @Mwekezaji have u ever done the math for this forgotten stocks? @SufficientlyP
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Sufficiently Philanga....thropic wrote:youcan'tstopusnow wrote:Longhorn trades at 8.50 nowadays, by the way. #ForgottenStocks
Wonder how its PB,PE,ROE,ROI & ROA look like. @Mwekezaji have u ever done the math for this forgotten stocks? Truly #ForgottenStocks. I remember @VVS likened buying this company to buying a typewriter in a computer era
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Uganda’s NSSF to invest in Kenyan stocks, private equity http://standardmedia.co....-stocks,-private-equity
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/3/2007 Posts: 18,292 Location: Nairobi
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mwekez@ji wrote:Sufficiently Philanga....thropic wrote:youcan'tstopusnow wrote:Longhorn trades at 8.50 nowadays, by the way. #ForgottenStocks
Wonder how its PB,PE,ROE,ROI & ROA look like. @Mwekezaji have u ever done the math for this forgotten stocks? Truly #ForgottenStocks. I remember @VVS likened buying this company to buying a typewriter in a computer era LMAO, did I really say that? I would look at it but either at a lower price or only if earnings catch up to the current price. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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