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Mumias: On your marks, Get Set ....
slykat
#51 Posted : Wednesday, April 28, 2010 9:51:22 AM
Rank: Member

Joined: 2/20/2007
Posts: 359
I think it is traders taking capital gains.
VituVingiSana
#52 Posted : Wednesday, April 28, 2010 10:18:49 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Kesh - Pole... I did not know your constraints... I am getting old & the sms-like language is hard for me...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Much Know
#53 Posted : Wednesday, April 28, 2010 11:03:51 AM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
As much as i am not a trader i enjoy watching the ticker and making up theories, and testing them. For example i think, sometimes when the the big foreigners (wazungu ) are about to enter, brokers and bankers after receiving queries on cash transfers rapidly withdraw their speculative portfolios so as just to precede them slightly once they receive info on what the wazungu will buy. Hence the drop in the sweetest speculative stocks of recent (mumyash, thentum, coop, NIC, paka, kenre etc but not CFC and Sameer which i attribute to kichwa ngumu) All in all the only thing that is certain in the stock market is uncertainity....but in the long term though
Ras Kienyeji Man
youcan'tstopusnow
#54 Posted : Tuesday, May 18, 2010 1:22:05 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mv_ufanisi seems like the breakout we were waiting for never happened.
Looks like Guru was right, its going to be gradual. Closed at 13.35. Not bad. I'm still getting more of these.
GOD BLESS YOUR LIFE
fellifel
#55 Posted : Tuesday, May 18, 2010 1:40:05 PM
Rank: New-farer

Joined: 5/16/2010
Posts: 14
Location: Nairobi
Any speculations on this counter, al start camping outside my brokers office if it hits SH.17. OOOOOhhhhh!
guru267
#56 Posted : Tuesday, May 18, 2010 2:22:53 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
mv_ufanisi seems like the breakout we were waiting for never happened.
Looks like Guru was right, its going to be gradual. Closed at 13.35. Not bad. I'm still getting more of these.


i'm also thinking about picking up more of these since the price looks to have stabilised at above 13bob but i'm also wondering about KPLC....

i really hate it when you have limited funds and many options...
Mark 12:29
Deuteronomy 4:16
mv_ufanisi
#57 Posted : Tuesday, May 18, 2010 5:21:43 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
youcan'tstopusnow wrote:
mv_ufanisi seems like the breakout we were waiting for never happened.
Looks like Guru was right, its going to be gradual. Closed at 13.35. Not bad. I'm still getting more of these.

Breakout happened for me. I got in at 11.1 got out at 13.65 and went into KENOL at 84.
VituVingiSana
#58 Posted : Tuesday, May 18, 2010 5:58:14 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@mv - What next?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
cnn
#59 Posted : Tuesday, May 18, 2010 6:02:51 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Me thinks WTK,they report next month and THEY will be strong,perhaps a generous dividend payout,then Equity for half year.
the deal
#60 Posted : Tuesday, May 18, 2010 6:15:36 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@cnn a dividend of 15 bob from WTK will send the market into a spin....LOL.
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