Wazua
»
Investor
»
Stocks
»
SCOM Results out: name your price...
Rank: New-farer Joined: 5/20/2010 Posts: 69
|
best bid 5.35
best ask 5.40
total demand 37,470,100
total supply 65,895,900
as at 12:07 on the Normal board
Gentlemen lets not get tooo excited....people are selling!!!
|
|
|
Rank: Member Joined: 5/7/2010 Posts: 282 Location: Nairobi
|
Let willing sellers sell and willing buyers buy. I think this rush to sell is short-term mainly driven by the eurozone crisis. The crisis may not have heavy impact on NSE.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
|
Wacha it falls... I wanna buy some now lakini at 5/- Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: New-farer Joined: 5/20/2010 Posts: 69
|
its probably gonna bottom out at 5.10 or 5.20....then people will start buying again, and with a good set of results like these I don't see any reason why it won't top off at 5.90 or even 6.00
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
|
5...5...5..5..5..5...5...5...5...5... LOL... That is my buy-in price! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 11/27/2007 Posts: 3,604
|
I base my arguement on the volumes. By trading 150m shares it means those were the shares that we were willing to sell and there were buyers ready to snap them up. Why? African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
|
@sober - Safaricom is very liquid... which is great... I hope it falls so I can buy some... BUT IMHO... it is pricey at 5.40 coz high PE & the rate of growth will slow down... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/27/2008 Posts: 4,114
|
Funny... I sold a portion of my holding at 6 bob in January... perhaps I should now get it back at 5...if we get there... Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
|
mukiha wrote:Funny... I sold a portion of my holding at 6 bob in January... perhaps I should now get it back at 5...if we get there... amen! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: New-farer Joined: 1/31/2010 Posts: 23 Location: Nairobi
|
The best price I can give this share to buy is Kshs 4. The European and US markets have been down for the past 2 weeks. If Ur keen NSE follows mostly after 3weeks to a month so pple Safcom results may be wow but investor emotions are low. So if U still have a margin SELL if not take a crash course on managing Inventory.
|
|
|
Wazua
»
Investor
»
Stocks
»
SCOM Results out: name your price...
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.