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Home Afrika Listing at NSE!
Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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eggnest wrote:and today it's up 9%, a sign of things to come? if you are keen you will realize that's the behaviour ie at 12 it tanked to 8 then tried to charge to 10 with speed, then came down to 6 and tried to go back to 8, came down to 4.50 and then tried to go back to 6, now at 3.30 it will try to go back to 4 and if it fails it will tank below 3 and then try to recover 3 with speed. I hope hisar can give us a catoon There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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The daily timeframe cartoon. Quite oversold, but such has been the trend since the volumeless (vapour) spike post listing.  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Home Africa, Mumias, Neveready, Olmpyia, Sameer, Express, KQ, NBK .. dont touch if you have a weak heart like mine. Watch from the sidelines! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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hisah wrote:The daily timeframe cartoon. Quite oversold, but such has been the trend since the volumeless (vapour) spike post listing. thanks hisah, it just looks like a squirrel going down a hill, only raises its head a little to see the remaining distance and continue desceding with ease There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: New-farer Joined: 5/11/2011 Posts: 48
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littledove wrote:hisah wrote:The daily timeframe cartoon. Quite oversold, but such has been the trend since the volumeless (vapour) spike post listing. thanks hisah, it just looks like a squirrel going down a hill, only raises its head a little to see the remaining distance and continue desceding with ease thanks...my eyes are opened...it ended up closing at 3.30 today where it had began today, if I'm not wrong.
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Rank: New-farer Joined: 5/11/2011 Posts: 48
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littledove wrote:eggnest wrote:and today it's up 9%, a sign of things to come? if you are keen you will realize that's the behaviour ie at 12 it tanked to 8 then tried to charge to 10 with speed, then came down to 6 and tried to go back to 8, came down to 4.50 and then tried to go back to 6, now at 3.30 it will try to go back to 4 and if it fails it will tank below 3 and then try to recover 3 with speed. I hope hisar can give us a catoon thanks littledove...it has closed at +1.52% from the 9% earlier observed...my heart is too weak for this hare..will avoid for now!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Rank: New-farer Joined: 9/29/2012 Posts: 79
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Very funny quote  The God of the day is still God in the night.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Richie rich wrote:Very funny quote The journey back to 25 will be a very looooong one, that is if it ever materializes. Life is short. Live passionately.
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Rank: New-farer Joined: 4/12/2014 Posts: 56
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sparkly wrote:Richie rich wrote:Very funny quote The journey back to 25 will be a very looooong one, that is if it ever materializes. Ha ha ha ha ha ha "it just looks like a squirrel going down a hill, only raises its head a little to see the remaining distance and continue desceding with ease" ....and the way ati I wanted to buy this stock because it is the only one that has plots as inventory.... I would really want to know where those plots are... ....glad I did not buy...but there are reasons why investors give this stock a wide berth...I wish I could list them all... 1) People do not fully understand their business or rather what this company is really doing 2) People do not understand the current management (or it is trust?) 3) Results??? 4)......
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Rank: New-farer Joined: 4/12/2014 Posts: 56
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I am not sure how low this thing will drop but I am now getting tempted to get in.
If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in now.
I can buy 5,000 shares at Sh3.50 max = Sh17,500 which is like 70% of what the person who bought 1,000 shares at Sh25 on the first trading day of this stock spent
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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INTERESTING! wrote:I am not sure how low this thing will drop but I am now getting tempted to get in.
If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in now.
I can buy 5,000 shares at Sh3.50 max = Sh17,500 which is like 70% of what the person who bought 1,000 shares at Sh25 on the first trading day of this stock spent So your buy decision will be based on what? The low price? Mumias is even lower!
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Rank: New-farer Joined: 4/12/2014 Posts: 56
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icecube wrote:INTERESTING! wrote:I am not sure how low this thing will drop but I am now getting tempted to get in.
If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in now.
I can buy 5,000 shares at Sh3.50 max = Sh17,500 which is like 70% of what the person who bought 1,000 shares at Sh25 on the first trading day of this stock spent So your buy decision will be based on what? The low price? Mumias is even lower! No. Not just the low price...I said If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in ... If there is nothing, then there is nothing. You cannot invest in an empty debe even if it is selling for Sh0.50 unless you know of someone who will buy the same empty debe for a price higher than that
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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INTERESTING! wrote:icecube wrote:INTERESTING! wrote:I am not sure how low this thing will drop but I am now getting tempted to get in.
If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in now.
I can buy 5,000 shares at Sh3.50 max = Sh17,500 which is like 70% of what the person who bought 1,000 shares at Sh25 on the first trading day of this stock spent So your buy decision will be based on what? The low price? Mumias is even lower! No. Not just the low price...I said If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in ... If there is nothing, then there is nothing. You cannot invest in an empty debe even if it is selling for Sh0.50 unless you know of someone who will buy the same empty debe for a price higher than that OK, Correct! Now, the digging should begin, otherwise, by the time that information (if any) comes, the price may be back up before you get in.
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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instead of asking who is buying, please ask yourself why soo many people sold today. anyway, at the current price, it is safe to gamble with this time bomb. i recommend buy as it appears to have hit rock bottom
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Pesa Nane wrote:mwekez@ji wrote:They are listing on Monday and giving Information Memorandum the same day? I could be wrong but me thinks these guys are stingy with information. @pesanane @mwekezaji @hisah saw this scam from a mile away
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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obiero wrote:instead of asking who is buying, please ask yourself why soo many people sold today. anyway, at the current price, it is safe to gamble with this time bomb. i recommend buy as it appears to have hit rock bottom For every buyer, there is a seller, willing buyer willing seller?? Soo many people sold today, but there are soo many people who bought...
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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icecube wrote:obiero wrote:instead of asking who is buying, please ask yourself why soo many people sold today. anyway, at the current price, it is safe to gamble with this time bomb. i recommend buy as it appears to have hit rock bottom For every buyer, there is a seller, willing buyer willing seller?? Soo many people sold today, but there are soo many people who bought... @icecube usidanganye mtu mgeni hapa.. the tilt towards buy or sell depends on unique number of trades by a unique buyer or seller i.e. either one buyer getting lots of shares from many sellers (front runner) or many buyers getting the shares from one seller (major dumper)
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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obiero wrote:icecube wrote:obiero wrote:instead of asking who is buying, please ask yourself why soo many people sold today. anyway, at the current price, it is safe to gamble with this time bomb. i recommend buy as it appears to have hit rock bottom For every buyer, there is a seller, willing buyer willing seller?? Soo many people sold today, but there are soo many people who bought... @icecube usidanganye mtu mgeni hapa.. the tilt towards buy or sell depends on unique number of trades by a unique buyer or seller i.e. either one buyer getting lots of shares from many sellers (front runner) or many buyers getting the shares from one seller (major dumper) OK
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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@guru, what do you think?
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