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How to tell NSE has bottomed out
mlennyma
#3571 Posted : Saturday, June 22, 2013 11:43:56 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The truth is that there will come a bull in the nse which will shock the world,i dont know when but i pray to be inside the party.
"Don't let the fear of losing be greater than the excitement of winning."
Cde Monomotapa
#3572 Posted : Saturday, June 22, 2013 11:44:44 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Then as from next month we prep. for local & global earnings ~ again sleep with one eye open smile Sad
mwekez@ji
#3573 Posted : Saturday, June 22, 2013 11:45:10 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Cde Monomotapa wrote:
mwekez@ji wrote:
hisah wrote:
NSE has not published the week's activity since yesterday... Though on the site the index close was posted at 4706.

Anyway aside the unexplained delay, 4700 is likely to break down.

Fat discounts won't last for long esp if the oil club start making moves which they have (funds & office opening as global insurance firms follows them) and the news start flying in...


... the in-bold-above + economic growth in KE + QE in KE + ...., presents a good case for the bulls in KE

Precisely. Domestics look up, Externals look down. Go to sleep with one eye open smile


smile #WORD
mwekez@ji
#3574 Posted : Saturday, June 22, 2013 11:46:41 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mlennyma wrote:
The truth is that there will come a bull in the nse which will shock the world,i dont know when but i pray to be inside the party.

symbols
#3575 Posted : Saturday, June 22, 2013 11:47:34 AM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
hisah wrote:
Btw my major worry at the moment is the global bonds price dip I.e. yield spike. If interest rates are forced to spike disorderly globally, a worse selloff than GFC will present itself to shock of everyone... Keep an eye on that esp Jap. In china rates are spiking (interbank) and a liquidity crunch is showing up. Commodities nosedive since April are warning what will happen to equities if things fall apart. CBs will have a hard time with their rates already too low since GFC.


There already is a lot of volatility and uncertainty in the markets.CBs should try handle the events without paralyzing investors so much.
Cde Monomotapa
#3576 Posted : Saturday, June 22, 2013 11:58:41 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Btw Chief @hisah are you still in on the peaceful-polls premiums Insurance play? I figure the most no-brainer position is the re-insurer... KenyaRe.
hisah
#3577 Posted : Saturday, June 22, 2013 12:41:00 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
Btw Chief @hisah are you still in on the peaceful-polls premiums Insurance play? I figure the most no-brainer position is the re-insurer... KenyaRe.

Yes, but sold CFCI when I started noticing price divergence vs index strength. I still expect insurance to outperform based on that premium. Liking the current discounts across board. Kenya RE is indeed tempting. Waiting to see how NSE20 closes June - already in reversal. I think more discounts will be served into July.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#3578 Posted : Saturday, June 22, 2013 12:59:29 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Cde Monomotapa wrote:
Btw Chief @hisah are you still in on the peaceful-polls premiums Insurance play? I figure the most no-brainer position is the re-insurer... KenyaRe.

Yes, but sold CFCI when I started noticing price divergence vs index strength. I still expect insurance to outperform based on that premium. Liking the current discounts across board. Kenya RE is indeed tempting. Waiting to see how NSE20 closes June - already in reversal. I think more discounts will be served into July.

Ok & interesting playing the trend around the same counters smile. The current spreads on CFCI are like it were at NBK before it firmed up. Just got to know when to place 'em.
guru267
#3579 Posted : Saturday, June 22, 2013 5:54:53 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Cde Monomotapa wrote:
Btw Chief @hisah are you still in on the peaceful-polls premiums Insurance play? I figure the most no-brainer position is the re-insurer... KenyaRe.


Mboss Kenya re closed Friday at a P/E of 3.7... Completely ridiculous!

#GetInWhileYouCan..
Mark 12:29
Deuteronomy 4:16
Cde Monomotapa
#3580 Posted : Saturday, June 22, 2013 6:13:12 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
guru267 wrote:
Cde Monomotapa wrote:
Btw Chief @hisah are you still in on the peaceful-polls premiums Insurance play? I figure the most no-brainer position is the re-insurer... KenyaRe.


Mboss Kenya re closed Friday at a P/E of 3.7... Completely ridiculous!

#GetInWhileYouCan..

K..
569 Pages«<356357358359360>»
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