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Elliott Wave Analysis Of The NSE 20
lochaz-index
#1621 Posted : Friday, March 04, 2016 4:51:44 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
hisah wrote:
sparkly wrote:
hisah wrote:
NPL spike and the weird CFC results are indeed reinforcing my lunatic call to short KE banks!


What's weird on CFC results?

Those CFC results don't feel right. The loss recovery don't make sense compared to the H1 report.

Very suspect results vis a vis the business environment in Q4.
The main purpose of the stock market is to make fools of as many people as possible.
Gatheuzi
#1622 Posted : Friday, March 04, 2016 7:44:43 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
VituVingiSana wrote:


Very interesting read. Explains niggaz insatiable appetite for show off. See how 50 cent is making the judge doubt he is bankrupt. Sonko ako hapo pia.

wsj article link.

Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
enyands
#1623 Posted : Friday, March 04, 2016 8:25:11 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Gatheuzi wrote:
VituVingiSana wrote:


Very interesting read. Explains niggaz insatiable appetite for show off. See how 50 cent is making the judge doubt he is bankrupt. Sonko ako hapo pia.



@murchr I see your point after reading the post and link above .Laughing out loudly
snipermnoma
#1624 Posted : Friday, March 04, 2016 11:15:30 PM
Rank: Member

Joined: 1/3/2014
Posts: 257
sparkly wrote:
instinct wrote:
moving on up....moving on up...4,000 here we come..


Temporary correction or leaving the stage for good?


Good question. @mnandii does this count from post 783 still hold? http://www.wazua.co.ke/f...&m=680920#post680920
lochaz-index
#1625 Posted : Saturday, March 05, 2016 11:02:11 AM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
sparkly wrote:
instinct wrote:
moving on up....moving on up...4,000 here we come..


Temporary correction or leaving the stage for good?

Temporary correction in my opinion. Next leg down coming up.
The main purpose of the stock market is to make fools of as many people as possible.
Spikes
#1626 Posted : Saturday, March 05, 2016 12:01:34 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
lochaz-index wrote:
sparkly wrote:
instinct wrote:
moving on up....moving on up...4,000 here we come..


Temporary correction or leaving the stage for good?

Temporary correction in my opinion. Next leg down coming up.


Since metrics don't lie I believe this is a makeshift price correction . The downward trend will very soon obliterate the gains enjoyed by some stock gurus.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
hisah
#1627 Posted : Tuesday, March 08, 2016 11:53:57 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
CEOs face pay cut as new corporate code comes into force

Yet again the law of unintended consequences comes into play. This just like the lending rates control law will unleash opposite effects!

NSE bull legs are getting sliced by a thousand cuts...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1628 Posted : Tuesday, March 08, 2016 9:13:40 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
What happens when suddenly one euro or one pound falls dramatically vs KES? It happened last year to the euro and the net effect was a sagging NSE, which lingers to date. If one pound sinks below KES 100 handle what happens to the portfolio in pounds in a sagging market?

These wild currency moves will shatter EM markets as the same foreign currencies bleed vs the local currency while the USD strangles everyone as it sharply inflates in value.

This is an outlier liquidity vacuum event! Mattress banks will return with a bang!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#1629 Posted : Thursday, March 10, 2016 6:11:23 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
muandiwambeu wrote:
Spikes wrote:
moneydust wrote:
muandiwambeu wrote:
Aguytrying wrote:
hisah wrote:
murchr wrote:
hisah wrote:
Spikes wrote:
hisah wrote:
Watch out for mpesa bank... The swift drops are coming!


@hisah are you holding anything or as for you now cash is king?

Still in cash. I wanted to board bamburi but decided not to as the market was hinting to give fatter discounts this year. NIC is also on my strike list.


I was thinking about Bamburi too because of SGR but the trailing PE 17.6 is not pleasing at all, are you able to gauge what the forward PE would be?

My forecast for BAMB is
Turnover 40B vs 36B
EPS - 13 vs 9.80 boosted by forex gains on USD cash holdings thus forward PER = 13.3
Total DPS - 12 (6+6) - Dividend yield at current stock price (173) is 6.9%

I expect this stock stay afloat in the current bearish storm.


That's encouraging coming from you. But we have to agree if the market gets to 3000 points, bamburi will have to shed some weight though not 50% like some have shed

Construction boom has leveled up in Kenya. There is cut throat competition in built environment and thinking that Bamburi is Mr king is not here or there. For a whole year in construction have used every brand from Savanah to bamburi with equal access. Unlike before. d'oh!


My sentiments exactly.I wouldnt buy into a cement company right now,there is too much dust in the air.Only the most efficient and strategic cement company will survive the bruising fight ahead.


One thing I know and I would wish shared with Wazuans is that some stocks will remain resilient throughout the bear market. Especially the stocks that are expecting good news after being in the dark for more than three years. Archive/bookmark this thread you will come remembering me!

If you know why arm or eapc are where they are, know they grazing field is overpopulated. You might be lucky to have a hump to survive, but you will have a tale to tell how your hump used to be big. After every construction boom cement firms feel the heat since time to change systems are long being highly specialised. Some go into disuse or regionalisation of markets into segments/ turf protection. Eapc and bamburi enjoyed close to monopoly but now it's all a bear knuckles fight for market. Prices of cement are suppressed across the country unlike other years.



I guess you now know. Numbers never lie
"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
.
Cde Monomotapa
#1630 Posted : Thursday, March 10, 2016 7:48:31 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Kenya’s parliament to discuss a bill seeking to grant its citizens cheaper loans http://cctv-africa.com/2...citizens-cheaper-loans/

CBK boss accused of introducing Opus Dei rules in banking
Shame on you
http://www.capitalfm.co....us-dei-rules-in-banking/
372 Pages«<161162163164165>»
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