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How to tell NSE has bottomed out
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symbols
#3011 Posted : Friday, April 12, 2013 7:39:31 AM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
guru267 wrote:
symbols wrote:
It's raining,should we start looking at agricultural stocks?


Not with the strength coming through on the KES!


Lets say they have good produce,should we just ignore that because of currency?
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dunkang
#3012 Posted : Friday, April 12, 2013 7:58:01 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
hisah wrote:
guru267 wrote:
hisah wrote:
Aguytrying wrote:
NSE 20 up 0.76% to stand at 5027.90. And crosses 5000 points again.

Or as I would say, 5000 handle reclaimed.

I wonder how many have noticed that volume has been thining out in April...


No more supply at current prices... Demand should really do better with their bidding!

For those stocks that are fairly valued (they're few), no worries. For the rest, how do they maintain buyers interest at those lofty prices ahead of their fundies.

So will the market remain lofty with a few fairly priced counters?


Kindly tell me, Whats your measure of 'fair value' chief?

Personally i use PE in relation to sector PE and Div Yield.

E.g a div yield above 5p.c and a PE lower than 15 for construction sector, 20 for telecoms, etc is OK with me.
Receive with simplicity everything that happens to you.” ― Rashi

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mwekez@ji
#3013 Posted : Monday, April 15, 2013 9:51:39 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
#How to tell NSE has bottomed out >>> ERC reduces pump prices of kerosene, diesel >>> http://www.nation.co.ke/busines...2/-/a9g54wz/-/index.html
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hisah
#3014 Posted : Monday, April 15, 2013 10:19:14 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mwekez@ji wrote:
#How to tell NSE has bottomed out >>> ERC reduces pump prices of kerosene, diesel >>> http://www.nation.co.ke/busines...2/-/a9g54wz/-/index.html

I'm waiting to see the prices next month. Oil has taken it in the chin in April as well as many commodoties. Market rumour is hedge funds deleveraging. If true this is not a good sign since global equities will follow suit soon.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#3015 Posted : Monday, April 15, 2013 10:21:42 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
12 trading days remaining. Will NSE20 close above 5000 or will it close at open (4860) or below open. This is what I'm keenly looking at since the volume is now indicating buying fatigue. If April closes at 4860 or below, more selling is slated to come in May.

Keep this in mind...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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  | | Edit by user: Monday, April 15, 2013 10:23 AM | Reason: Not specified
hisah
#3016 Posted : Monday, April 15, 2013 10:25:58 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
dunkang wrote:
hisah wrote:
guru267 wrote:
hisah wrote:
Aguytrying wrote:
NSE 20 up 0.76% to stand at 5027.90. And crosses 5000 points again.

Or as I would say, 5000 handle reclaimed.

I wonder how many have noticed that volume has been thining out in April...


No more supply at current prices... Demand should really do better with their bidding!

For those stocks that are fairly valued (they're few), no worries. For the rest, how do they maintain buyers interest at those lofty prices ahead of their fundies.

So will the market remain lofty with a few fairly priced counters?


Kindly tell me, Whats your measure of 'fair value' chief?

Personally i use PE in relation to sector PE and Div Yield.

E.g a div yield above 5p.c and a PE lower than 15 for construction sector, 20 for telecoms, etc is OK with me.


I look at the leading bluechips of an index and when P/B shoots above 3 on a majority of them, a correction is bound to kick in.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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SittingPretty
#3017 Posted : Monday, April 15, 2013 11:36:33 AM
Rank: Member

Joined: 2/16/2013
Posts: 123
Location: MSA
hisah wrote:
12 trading days remaining. Will NSE20 close above 5000 or will it close at open (4860) or below open. This is what I'm keenly looking at since the volume is now indicating buying fatigue. If April closes at 4860 or below, more selling is slated to come in May.

Keep this in mind...


@Hisah. What would be the significance if it was to close at 4860 or below! If I quoteyou, it means demand will be overwhelmed by sellers?? = price drop?? ...
Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
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youcan'tstopusnow
#3018 Posted : Monday, April 15, 2013 5:34:18 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
AFTER a decade-long wait, the Angolan stock exchange is due for lift-off in 2015, with trading in government paper from the second half of this year and corporate
paper from next year.
Angola’s economy is forecast to grow 7.1% this year from 8% last year. The middle class makes up a small percentage of the population and more
diversification away from oil is needed. While 50% of workers are in agriculture, only 1% work in the more lucrative petroleum sector (it still makes up 50% of Angola’s gross domestic
product).
http://www.bdlive.co.za/...-stock-exchange-in-2015
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#3019 Posted : Monday, April 15, 2013 5:38:19 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
The NSE 20 Share Index shed 25.57 points to stand at 4994.94.
All Share Index (NASI) eased 0.77 points to stand at 120.94.
GOD BLESS YOUR LIFE
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Mukiri
#3020 Posted : Monday, April 15, 2013 5:39:07 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Plots for sale and building threads are back... and with them rise in property development stocks.

Proverbs 19:21
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569 Pages«<300301302303304>»
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