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Briatm, Britam, Britam sounds like sweet candy!
Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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Mariacha wrote:suddenly its crickets in here, guys should update us on how they are fairing with the free fall.... anyone please...  Wacha uchokozi The harder you work, the luckier you get
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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kryptonite wrote:Mariacha wrote:suddenly its crickets in here, guys should update us on how they are fairing with the free fall.... anyone please... Wacha uchokozi Got some units at 34, but this is my retirement scheme, just hope it is not the anchor share holders who were exiting!!!!!!!!!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Metasploit wrote:Golden rule of trading..
volume action and price effect or price action and volume effect.
what i see in centum is
DEMAND 400 @ 64
800 @ 63.5
6100 @ 63
2200 @ 62.50
80900@ 62
SUPPLY 65 @ 4200
The same has been the case throughout the price ascension from 40s level.This lack of solid demand and supply suppression speaks volumes.
Any upward price movement should be sustained by demand volume and traded volume
Otherwise you get gaps.
Same thing hapenning to Britam now (from 20 levels).The demand volumes arent convincing..
BULL TRAP! They have to be filled "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 5/28/2014 Posts: 149 Location: Nairobi
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jawgey wrote:DBLyon wrote:jawgey wrote:In the mean time, the upward trend continues. 33.5 printed. That was partly me offloading my small stash at 33.5.  So did you completely alight the mbus? Yes, I did. Happily so. I will wait for more sober times to get back in. When you live for others' opinions, you are dead.
- Carlos Slim Helu
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Rank: Elder Joined: 8/16/2011 Posts: 2,263
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DBLyon wrote:jawgey wrote:DBLyon wrote:jawgey wrote:In the mean time, the upward trend continues. 33.5 printed. That was partly me offloading my small stash at 33.5. So did you completely alight the mbus? Yes, I did. Happily so. I will wait for more sober times to get back in. I asked a question, "why do you think BAT is at 880Kes and not Britam?" You assume Britam cannot move up to that? Market for a product/service is the main determinant! Cocacola has survived to to market and improvement of the product together with bringing in new products of high quality. In most homes you find a TV made in china, this has boosted China to become the second strongest economy in the world. What is the cost of a share of FACEBOOK?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Realtreaty wrote:DBLyon wrote:jawgey wrote:DBLyon wrote:jawgey wrote:In the mean time, the upward trend continues. 33.5 printed. That was partly me offloading my small stash at 33.5. So did you completely alight the mbus? Yes, I did. Happily so. I will wait for more sober times to get back in. I asked a question, "why do you think BAT is at 880Kes and not Britam?" You assume Britam cannot move up to that?Market for a product/service is the main determinant! Cocacola has survived to to market and improvement of the product together with bringing in new products of high quality. In most homes you find a TV made in china, this has boosted China to become the second strongest economy in the world. What is the cost of a share of FACEBOOK? Are you for real? If no one answered you its because the question is absurd, completely baloney. Maybe you need to first understand the basics between demand and supply. Look at BAT, the total number of shares out there = 100,000,000.00 Mostly owned by foreigners with deep pockets and old wanjiku who is more bound to hold forever because of the div. Right now 1 BAT share earns Kes37+ they give almost all their profits as divs. For Britam they have 1,891,451,850 issued shares. 1 share earns Kes 1.40 cents As for products, what Britam is selling is sold better by Jubilee and CFC so there's nothing spectacular akin to Facebook or Coke. BAT has smokers locked in. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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@realtreaty... If britam were able to steadily/viciously expand their market share/earnings via embracing the masses with corresponding market lockdown ie safaricom/equity style then and only then can the fair value climb to those lofty levels. As it stands its share price is just a sitting duck taking a pounding and rightly so. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 8/16/2011 Posts: 2,263
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The share will not rest. It will stabilise only 6 months after President Uhuru opens the "Britam Tower"
Britam Tower in Upper Hill, Nairobi’s financial hub, at an approximate cost of Kshs 7 billion. The 31-storey building is the flagship project of Britam’s property portfolio. When completed in 2015, the tower is projected to be the tallest building in Kenya and the third tallest in Africa.
This unique complex will feature a collection of wind turbines hung off a central spire. The turbines will generate power for some parts of the building and will be the symbol of the iconic building, making it a city landmark.
The tower has several green features to comply with international green regulations. The complex will comprise of an atrium with the tower housing office, accommodation on the top levels and retail facilities, including banking halls, restaurants and shops on the ground and mezzanine levels.
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Rank: Elder Joined: 8/16/2011 Posts: 2,263
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murchr wrote:Realtreaty wrote:DBLyon wrote:jawgey wrote:DBLyon wrote:jawgey wrote:In the mean time, the upward trend continues. 33.5 printed. That was partly me offloading my small stash at 33.5. So did you completely alight the mbus? Yes, I did. Happily so. I will wait for more sober times to get back in. I asked a question, "why do you think BAT is at 880Kes and not Britam?" You assume Britam cannot move up to that?Market for a product/service is the main determinant! Cocacola has survived the market and improvement of the product together with bringing in new products of high quality. In most homes you find a TV made in china, this has boosted China to become the second strongest economy in the world. What is the cost of a share of FACEBOOK? Are you for real? If no one answered you its because the question is absurd, completely baloney. Maybe you need to first understand the basics between demand and supply. Look at BAT, the total number of shares out there = 100,000,000.00 Mostly owned by foreigners with deep pockets and old wanjiku who is more bound to hold forever because of the div. Right now 1 BAT share earns Kes37+ they give almost all their profits as divs. For Britam they have 1,891,451,850 issued shares. 1 share earns Kes 1.40 cents As for products, what Britam is selling is sold better by Jubilee and CFC so there's nothing spectacular akin to Facebook or Coke. BAT has smokers locked in.  i love it when you beat around the bush just to say the same thing I have depicted. Are you assuming just the number of shares(Liquidity) make the difference? You just held your hammer near the load to show me how to quickly nail down a Nail!Why is it that Sameer with less than 280M shares is at 7 bob?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Realtreaty wrote:murchr wrote:Realtreaty wrote:DBLyon wrote:jawgey wrote:DBLyon wrote:jawgey wrote:In the mean time, the upward trend continues. 33.5 printed. That was partly me offloading my small stash at 33.5. So did you completely alight the mbus? Yes, I did. Happily so. I will wait for more sober times to get back in. I asked a question, "why do you think BAT is at 880Kes and not Britam?" You assume Britam cannot move up to that?Market for a product/service is the main determinant! Cocacola has survived the market and improvement of the product together with bringing in new products of high quality. In most homes you find a TV made in china, this has boosted China to become the second strongest economy in the world. What is the cost of a share of FACEBOOK? Are you for real? If no one answered you its because the question is absurd, completely baloney. Maybe you need to first understand the basics between demand and supply. Look at BAT, the total number of shares out there = 100,000,000.00 Mostly owned by foreigners with deep pockets and old wanjiku who is more bound to hold forever because of the div. Right now 1 BAT share earns Kes37+ they give almost all their profits as divs. For Britam they have 1,891,451,850 issued shares. 1 share earns Kes 1.40 cents As for products, what Britam is selling is sold better by Jubilee and CFC so there's nothing spectacular akin to Facebook or Coke. BAT has smokers locked in. i love it when you beat around the bush just to say the same thing I have depicted. Are you assuming just the number of shares(Liquidity) make the difference? You just held your hammer near the load to show me how to quickly nail down a Nail!Why is it that Sameer with less than 280M shares is at 7 bob? Dude you need some financial education wacha nikusaidie, Sameer issued shares - 278,342,000 Merali = 14.9% Hes selling btw eps - 1.74 poor div policy = 30cents Ask wazuans why Merali is not trusted, imports of cheaper tires etc...still its no coke "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 8/16/2011 Posts: 2,263
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murchr wrote:Realtreaty wrote:murchr wrote:Realtreaty wrote:DBLyon wrote:jawgey wrote:DBLyon wrote:jawgey wrote:In the mean time, the upward trend continues. 33.5 printed. That was partly me offloading my small stash at 33.5. So did you completely alight the mbus? Yes, I did. Happily so. I will wait for more sober times to get back in. I asked a question, "why do you think BAT is at 880Kes and not Britam?" You assume Britam cannot move up to that?Market for a product/service is the main determinant! Cocacola has survived the market and improvement of the product together with bringing in new products of high quality. In most homes you find a TV made in china, this has boosted China to become the second strongest economy in the world. What is the cost of a share of FACEBOOK? Are you for real? If no one answered you its because the question is absurd, completely baloney. Maybe you need to first understand the basics between demand and supply. Look at BAT, the total number of shares out there = 100,000,000.00 Mostly owned by foreigners with deep pockets and old wanjiku who is more bound to hold forever because of the div. Right now 1 BAT share earns Kes37+ they give almost all their profits as divs. For Britam they have 1,891,451,850 issued shares. 1 share earns Kes 1.40 cents As for products, what Britam is selling is sold better by Jubilee and CFC so there's nothing spectacular akin to Facebook or Coke. BAT has smokers locked in. i love it when you beat around the bush just to say the same thing I have depicted. Are you assuming just the number of shares(Liquidity) make the difference? You just held your hammer near the load to show me how to quickly nail down a Nail!Why is it that Sameer with less than 280M shares is at 7 bob? Dude you need some financial education wacha nikusaidie, Sameer issued shares - 278,342,000 Merali = 14.9% Hes selling btw eps - 1.74 poor div policy = 30cents Ask wazuans why Merali is not trusted, imports of cheaper tires etc...still its no coke That is in Kenyan parlance "Overrapping" its not any of financial edu. Synonymous to Nairobi matatus where drivers assume they are steady and perfect. Market is not only about Dividend , we have capital gains, growth fundamentals, backoffice deals, demand -supply orientations the people-trust, mergers etc.
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Britam can hit 100/= and Jubilee can hit 1,000/=. Nowadays all dreams at the NSE are valid.
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Rank: Member Joined: 2/7/2014 Posts: 155
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Rank: Hello Joined: 9/17/2014 Posts: 1 Location: Nairobi
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someone advice when I should dispose my 9bob britam shares
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Rank: Elder Joined: 8/16/2011 Posts: 2,263
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yangmony wrote:someone advice when I should dispose my 9bob britam shares You can only sell when you need the money. If you have a project that can suffice the going price, its your ordinate responsibility to make a cheque.
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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Its the money season. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Elder Joined: 7/21/2010 Posts: 6,180 Location: nairobi
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www.businessdailyafrica....6/-/130ul90/-/index.html"Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,180 Location: nairobi
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I like bold men,they look like directors too,let them list their company on the nse onetime. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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yangmony wrote:someone advice when I should dispose my 9bob britam shares Ummmh Monday possunt quia posse videntur
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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I've picked on a thread by wananchi (wenye machungu) on Britam's woes under the tag #BritamisBurning  Followed by additional claims of deliberate misinformation of insiders by outsiders https://twitter.com/pesa_Africa/status/522663597869375488 And attribution of challenges to staff exits. On the level BRIT down 26% from 23-Sep high, but still up 97% year to date.
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Briatm, Britam, Britam sounds like sweet candy!
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