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How to tell NSE has bottomed out
Rank: Elder Joined: 7/11/2012 Posts: 5,222
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mwekez@ji wrote:Sufficiently Philanga....thropic wrote:mwekez@ji wrote:Coming up, another 4 day trading week with a likely euphoria 3 #MakingMoney2013 Amen! Amen!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mwekez@ji wrote:Interesting, 2009 + 2010 (Bull); 2011 (Bear); 2012 + 2013 (Bull)  .... and still dont rule out that the current bull could be like the 5 year bull that went all the way to 2007 
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mwekez@ji wrote:mwekez@ji wrote:Interesting, 2009 + 2010 (Bull); 2011 (Bear); 2012 + 2013 (Bull) .... and still dont rule out that the current bull could be like the 5 year bull that went all the way to 2007 I concur. Company fundamentals are strong! We now wait for banks Q1 to see the growth pace GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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mwekez@ji wrote:mwekez@ji wrote:Interesting, 2009 + 2010 (Bull); 2011 (Bear); 2012 + 2013 (Bull) .... and still dont rule out that the current bull could be like the 5 year bull that went all the way to 2007 MPC would first have to lower cbr in their next sitting as the govt works on the fiscal policies eg cutting Govt expenditure esp recurrent,stimulating exports etc. @SufficientlyP
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Sufficiently Philanga....thropic wrote:mwekez@ji wrote:mwekez@ji wrote:Interesting, 2009 + 2010 (Bull); 2011 (Bear); 2012 + 2013 (Bull) .... and still dont rule out that the current bull could be like the 5 year bull that went all the way to 2007 MPC would first have to lower cbr in their next sitting as the govt works on the fiscal policies eg cutting Govt expenditure esp recurrent,stimulating exports etc. The MPC can leave the rate right where it is... Nothing is stopping this bull! I have a feeling all the companies with single digit P/Es on the NSE will very soon become completely unaffordable!!! Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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@guru,that would be Great. As @YCSUN puts it,the Q1 results will provide growth direction & hopefully, price. @SufficientlyP
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mwekez@ji wrote:hisah wrote:NSE wrote:Turnover for the four-day trading week declined to Kes.2.51bn from the previous week’s Kes.2.55bn. The number of shares traded stood at 158M against 112M posted the previous week.
The NSE 20 Share Index was up 2.57% during the week to stand at 4985.68 points.
All Share Index (NASI) was up 2.32% during the week to settle at 120.65 points. Closes the week below 5000 after briefly reclaiming it after almost 5yrs. update - coincidentally today's close (4985) after euphoria 2 is where the market topped out during euphoria 1. Am in the school of thought that the euphoria 2 correction should be shallow and 2013 will be a bull, just like 2012 #MadeMoney2012 #MakingMoney2013 The unknown I don't fancy at the moment is the incoming fin min and the treasury direction. My question still remains, will it be austerity or stimulation or a healthy mix now that KRA will miss targets? Markets expand on liquidity expansion. This is not quite clear at the moment. Once the plan for the next 5yrs is known the guesswork is removed. At that point if bullish, as @guru says, single P/E counters disappear and the likes of paka become panthers until the music stop.
I want to see that liquidity deluge that will dismiss that 6161 all time high. And if it comes together with the hydrocarbons commercial package the better to fuel the rocket... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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I salute all Chiefs! 2ndly, my Q2 stance is to Hold the lines (no [new] buying/selling*) and find the 'new normal' whereby I concur with @guru on possibilities of double digit p/e & also +5% Div. yields being rare going-forward.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:I salute all Chiefs! 2ndly, my Q2 stance is to Hold the lines (no [new] buying/selling*) and find the 'new normal' whereby I concur with @guru on possibilities of double digit p/e & also +5% Div. yields being rare going-forward. Furthermore, @hisah, expect private sector to go ahead of GoK in activity as we all know that Kenya Vision 2030 is the overall blue print & I don't expect a adverse departure from it in a Jubilee govt.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Cde Monomotapa wrote:Cde Monomotapa wrote:I salute all Chiefs! 2ndly, my Q2 stance is to Hold the lines (no [new] buying/selling*) and find the 'new normal' whereby I concur with @guru on possibilities of double digit p/e & also +5% Div. yields being rare going-forward. Furthermore, @hisah, expect private sector to go ahead of GoK in activity as we all know that Kenya Vision 2030 is the overall blue print & I don't expect a adverse departure from it in a Jubilee govt. Uhuru targeting 10% economic growth by 2015! If achieved NSE market p/e ratio will definitely be in the 30s! Mark 12:29
Deuteronomy 4:16
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