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Stocks to watch post Katiba - up to Dec 2010
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guru267
#11 Posted : Monday, August 30, 2010 2:59:10 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
guru267 wrote:
The financial and agricultural sector will outperform the rest. The industrial sector will lag...

All that said i see the NSE falling hard in coming months if the DOW JONES continues its blood bath


Yap, bullish too on agri commodities. The big money moves since June 2010 on the global agri commodity contracts esp corn and wheat are signals of a major turn. Some global fund in June tried to corner the cocoa market. These are huge bets that cannot be simply ignored. Agri stocks will definitely get a big re-valuation going into 2011 since a currency crisis (most likely 2011 - 2012) should see investors running to these commodities apart from precious metals. But my guilt is failing me when I think of people being unable to afford food with this grizzly speculation.
As for global stocks, apart from the Dow's bloodbath, the Nikkei is now officially a bear market after crashing below 9000pts the other day since the April 26 2010 high (btw most global equity markets topped then). I expect other major global markets to follow suit shortly as they have similar bearish trend patterns. If you can trade these markets, shorting/selling the index is the path of least resistance and outsize gains can be made on the ensuing wild volatile bloodbath. And their anaemic economy rebound is telling the same story.

I wonder where the next points of support on the dow and the s&p?? @hisah Any ideas?
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#12 Posted : Monday, August 30, 2010 3:49:11 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
When there is little or deficit of food... PRODUCTIVE agricultural land becomes pricier...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the sage
#13 Posted : Monday, August 30, 2010 10:16:55 AM
Rank: Member

Joined: 11/20/2008
Posts: 367
@Qw and the Deal, I'll take you on and put cash in these stocks, and watch the rise of fall, time will be your vindication.
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the deal
#14 Posted : Monday, August 30, 2010 10:48:42 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@thesage why put money into something u dnt believe in...dont come crying to me if u loose ur money after all even if.u become rich u wont rmbr me..money is blinding....
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qw25041985
#15 Posted : Monday, August 30, 2010 11:31:56 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Well, msc startd of poorly. Lol .
Your future depends on your dreams so go to sleep !
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mjuaji wa stocks
#16 Posted : Monday, August 30, 2010 11:35:09 AM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
Even before Dec; mbona mnasahau Carbacid??The dynamics of the CO2 market have not changed negatively but positively as in there is an increase in companies bottling carbonated soft drinks....though it appears forgotten....carbacid is a counter to watch....

MHO!
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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qw25041985
#17 Posted : Monday, August 30, 2010 11:40:55 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
KCB bank. Watch out .
Your future depends on your dreams so go to sleep !
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youcan'tstopusnow
#18 Posted : Monday, August 30, 2010 11:49:00 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
qw25041985 wrote:
Well, msc startd of poorly. Lol .

There's a bid for 500K shares at 10.
GOD BLESS YOUR LIFE
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hisah
#19 Posted : Tuesday, August 31, 2010 12:03:57 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
guru267 wrote:
hisah wrote:
guru267 wrote:
The financial and agricultural sector will outperform the rest. The industrial sector will lag...

All that said i see the NSE falling hard in coming months if the DOW JONES continues its blood bath


Yap, bullish too on agri commodities. The big money moves since June 2010 on the global agri commodity contracts esp corn and wheat are signals of a major turn. Some global fund in June tried to corner the cocoa market. These are huge bets that cannot be simply ignored. Agri stocks will definitely get a big re-valuation going into 2011 since a currency crisis (most likely 2011 - 2012) should see investors running to these commodities apart from precious metals. But my guilt is failing me when I think of people being unable to afford food with this grizzly speculation.
As for global stocks, apart from the Dow's bloodbath, the Nikkei is now officially a bear market after crashing below 9000pts the other day since the April 26 2010 high (btw most global equity markets topped then). I expect other major global markets to follow suit shortly as they have similar bearish trend patterns. If you can trade these markets, shorting/selling the index is the path of least resistance and outsize gains can be made on the ensuing wild volatile bloodbath. And their anaemic economy rebound is telling the same story.

I wonder where the next points of support on the dow and the s&p?? @hisah Any ideas?


I wanted to see today's price action first. And as expected the Dow and S&P reversed from their Bernanke Friday spike up. The PPT is interested with Dow holding 10K and S&P at 1040. But this week's NFP (US job's report for Aug) this Friday should spook more investors into selling. I'm waiting for Sept 19 2010 to see if the PPT decide to monetize more debt (more global stimulus). If that happens they'll have postponed the expected plunge and the bank stocks should reverse upwards. For how long, that is debatable but not beyond 2011 before the now more heavy debt burden bubble pops anywhere in US, Japan or Eurozone.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#20 Posted : Tuesday, August 31, 2010 12:09:28 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
qw25041985 wrote:
Well, msc startd of poorly. Lol .

There's a bid for 500K shares at 10.


I have quoted on the Mumias results post, that if 12 - 12.50 level is broken, this 500K @10 bid will be easily filled. How long, it is anybody's guess, but breaking 12/- should see selling acceleration towards 10/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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