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Madness at the NSE
Metasploit
#1081 Posted : Friday, September 23, 2016 1:50:03 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
hisah wrote:
Metasploit wrote:
hisah wrote:
Ericsson wrote:
@hisah
23 ni ndoto for now.We are heading towards elections so investors will be shying away.
Funds may move to Nigeria if they manage to stabilise their market.
After elections is when you can talk about 23.
15 is a possibility between now and polls date

No problem. But from my experience, markets don't operate logically especially when curve ball events trigger e.g. brexit and in KE the shock rate cap.

Few expected KE bank stocks to crash. Many expect mpesa bank to slide smile



Thought many expected

The golden handcuffs call was flagged back in September 2014 for the financial sector (banks, insurance and investments) via equity, britam and centum counters as examples. Members were extremely bullish on financials. Perfect ground for distribution without rocking the boat as the monkeys were offloaded!

After a few bank closures and a nasty rate cap shock the majority are now bearish. Bear party extremes.

The market always flips against the crowd!


I get you

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Metasploit
#1082 Posted : Wednesday, September 28, 2016 11:48:02 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Metasploit wrote:
Ericsson wrote:
Now 105mn turnover of over sh.2bn.
These volumes haven't been seen the whole of this year and last time we had such a huge volume in a trading day was immediately after the IPO when trading commenced


Interesting! Very interesting

19.50 is/was* an obstacle..VWAP 19.40
Closing price 19.40 (Thinly)
Closing demand total at 4.32M against 1.58M with demand clustered at 19.20 and supply clustered at 20 (1.27M)

Also Good volumes in equity (17M) with price closing at 26.75 (Ignoring 300 shares traded at 26.50 just before closing) and VWAP at 26.50

Heavy foreign plays at both

Shift from KCB to Equity as regards to bidding pressure

*Waiting for next week on determination of direction
*will watch traded volumes on some global indices today



That is the best thing about shakeouts!

Equity touches 29 without much effort..Watching for 30

Safaricom will do the same when 20 is taken

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Ericsson
#1083 Posted : Wednesday, September 28, 2016 11:59:25 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
@metasploit
These are temporary surges in prices.
Go up momentarily then come down.
Proper madness will be after the elections in 2017 subject to there being no global financial crisis
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Metasploit
#1084 Posted : Wednesday, September 28, 2016 12:02:41 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Ericsson wrote:
@metasploit
These are temporary surges in prices.
Go up momentarily then come down.
Proper madness will be after the elections in 2017 subject to there being no global financial crisis


We make 20-30% in these "temporary surges"

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Ericsson
#1085 Posted : Wednesday, September 28, 2016 1:49:06 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
EABL on reverse gears number 5
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#1086 Posted : Wednesday, September 28, 2016 2:05:28 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Ericsson wrote:
EABL on reverse gears number 5

Centum smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#1087 Posted : Wednesday, September 28, 2016 2:15:10 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
ARM Cement
Pan Africa Insurance/Sanlam
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mzitoaggrey
#1088 Posted : Wednesday, September 28, 2016 2:21:09 PM
Rank: New-farer


Joined: 8/19/2015
Posts: 25
What is happening on Kengen, it touched 7 a week ago and retreated.
Ericsson
#1089 Posted : Wednesday, September 28, 2016 6:37:46 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
@mzitoaggrey
Pump and dump is the order currently and its in cycles.
Today it will kengen tomorrow some other company.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
muandiwambeu
#1090 Posted : Wednesday, September 28, 2016 10:14:56 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
@mzitoaggrey
Pump and dump is the order currently and its in cycles.
Today it will kengen tomorrow some other company.

let's do it. I luv moni ooh. sweet cheap moni.
,Behold, a sower went forth to sow;....
Ericsson
#1091 Posted : Thursday, September 29, 2016 10:15:08 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
Now the pumping has moved to KCB.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#1092 Posted : Thursday, September 29, 2016 10:17:34 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
Volumes done so far is 1.4mn shares
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#1093 Posted : Thursday, September 29, 2016 10:36:47 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
Who is this dumping BBK shares.
In one hour a total of 16.5mn shares which is an historical high
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
instinct
#1094 Posted : Thursday, September 29, 2016 11:20:49 AM
Rank: Member


Joined: 8/17/2007
Posts: 294
Ericsson wrote:
Who is this dumping BBK shares.
In one hour a total of 16.5mn shares which is an historical high


ni mimi Laughing out loudly
Metasploit
#1095 Posted : Thursday, September 29, 2016 11:50:49 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Ericsson wrote:
Who is this dumping BBK shares.
In one hour a total of 16.5mn shares which is an historical high


Ericsson how do you define dumping ?

It is difficult to know about distribution and accumulation in a very short span of time..

Eg last week you claimed the 106M safaricom shares traded at 19.40 were being dumped.Two days later we had 53M shares traded at 19.70.The price is moving higher with the KES 20 resistance poised to be broken.

You also claimed today someone was dumping KCB shares at 27.But the price is moving higher.What i see is a resistance at 28

16.5 M barclays shares exchanged at 7.90..Waiting for closing price today and tomorrow to determine direction

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Ericsson
#1096 Posted : Thursday, September 29, 2016 11:53:52 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
@metaspoilt
Unusual huge blocks of trade done at an instant with price being constant or edging downwards
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mkate_nusu
#1097 Posted : Thursday, September 29, 2016 12:23:01 PM
Rank: Member


Joined: 5/30/2016
Posts: 332
Location: Kayole
Metasploit wrote:
Ericsson wrote:
Who is this dumping BBK shares.
In one hour a total of 16.5mn shares which is an historical high


Ericsson how do you define dumping ?

It is difficult to know about distribution and accumulation in a very short span of time..

Eg last week you claimed the 106M safaricom shares traded at 19.40 were being dumped.Two days later we had 53M shares traded at 19.70.The price is moving higher with the KES 20 resistance poised to be broken.

You also claimed today someone was dumping KCB shares at 27.But the price is moving higher.What i see is a resistance at 28

16.5 M barclays shares exchanged at 7.90..Waiting for closing price today and tomorrow to determine direction


I stopped taking @Ericsson's comments seriously when it comes to technical analysis
KEGN, KPLC, KQ, SCOM
Ericsson
#1098 Posted : Thursday, September 29, 2016 12:26:50 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
@metaspoilt
If u would like to know those movements be very keen on the major shareholders at the shareholders list year in year out.
It will tell you who cashed out and who made an entry.
I don't talk out of the blues when it comes to such huge trades
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Metasploit
#1099 Posted : Thursday, September 29, 2016 12:40:41 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Ericsson wrote:
@metaspoilt
If u would like to know those movements be very keen on the major shareholders at the shareholders list year in year out.
It will tell you who cashed out and who made an entry.
I don't talk out of the blues when it comes to such huge trades


I use volume trade analysis

Cause and effect...

What is the effect of volume traded on the share price

I believe in supply vs demand..input vs output

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
aemathenge
#1100 Posted : Saturday, January 28, 2017 12:31:41 PM
Rank: Elder


Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
Quote:
The Kenya Revenue Authority is planning to tap information on taxpayers’ land purchases and investments at the stock market to catch tax cheats.

A data centre construction is under way and is expected to be completed by April as the tax man moves to collate taxpayers’ information in a manner that will leave no room for tax evasion.

We are receiving huge volumes of data including from third party sources like investment in property and shares and even in future, banks.

Talks with mobile money companies are still ongoing, although not concluded to harness such data as well, so we will continue to invest in technology to manage all these data,”


Link from the Business Daily Online Newspaper.
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