Someone should tell me, at 24 bob what p/e is equity trading at? I think it is overblown and sooner than later there is gona be a huge correction?

Equity is behaving like a tech stock. Waah, they announce a new tech-like product in collabo with a tech co and... Equity shoots while the tech stock falls! People are loving it too much

[quote=mwala]I all along thought that the china loan was Ksh. 4billion,kumbe it is 4 dollar billion ,dollar dollar billion,dollar dollar billion,that accounts for a whooping ksh 320b,this is incredible!

http://www.theeastafrica.../-/pekmetz/-/index.html[/quote]
@ mwala thats a blunder by NMG business reporters its KSH not $...Equity is OVERBOUGHT...My RSI indicators are over 80.

@mukiha

Will turn green by early afternoon. my prediction is that it may hit ks30 by end of next week.

I think it's temporary. I expected it to drop when focus shifts to SCOM but will eventually stabilize at 25 sometime soon.
I think if SCOM performance had not lived up to expectations Equity would have gone thru the roof.