@much know - Liquid shares... stuff they can buy in large quantities...

@the deal - I mean both...

But no matter how good it looks... unless they are a fund willing to wait 3 years (very few)... they want liquidity...

VVS, i am a bit worried when i hear a Warren Buffet fanatic mention technical analysis. Take the following quotes from him (even though not cited his stance is well known, ok quotes are from wikipedia)

Warren Buffett has said, "I realized technical analysis didn't work when I turned the charts upside down and didn't get a different answer" and "If past history was all there was to the game, the richest people would be librarians."

Anyway, technical analysis looks like a juju man throwing shells and stones to the ground and pointing out a pattern of future events to me, whether juju works or not is a matter of controversy. Even for the short term, other simpler methods of fundamental trading such as stock valuation against expected earnings, results oriented trading, announcements, stock splits or momentum trading makes more sense.

there is what i would call an objective statement on wikipedia on technical analysis
http://en.wikipedia.org/wiki/Te...lysis#Empirical_evidence

You are scaring me...
The first sounds logical but only if you can get in early. Also it is closer to speculation than investment. I am wary of that approach. I always got in too late & exited too late. Net result: Losses!

The second point I agree. I am not sure of the numbers behind EABL. Safcom at 5.50 is too rich for me at the moment. I want 5 or lower.

KQ is interesting for me. I follow it. I think 50/- is a decent entry point. Not 'cheap' but reasonable since I expect PAT (before hedges) to be 5-7. I prefer the 7/- or higher!

Even without technical analysis... I think 5.50 is a little too high for safaricom...