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heri		#3581 Posted : Tuesday, August 04, 2020 12:10:51 PM
Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi		mnandii wrote: wukan wrote: The fall below 1800 went unnoticed...talk about wazuans burnt to recognition Yeah. So quiet Have you looked at KENGEN?
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heri		#3582 Posted : Tuesday, August 04, 2020 12:13:24 PM
Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi		Sufficiently Philanga....thropic wrote: mnandii wrote: SAFARICOM. Still falling. My target of sub 14.00 remains. Do fundamentalists realize that the share has been falling despite the stellar results announced recently? Why has the good results not propped up the share as we were made to believe? The only reason is that fundamentals do not determine the direction of a market. Causality is the opposite way: the market direction determines the direction of fundamentals I don't think anyone expects stellar H1 results due in November. The KES depreciation is also messing up the bulls. That said, it would be interesting to see Scom retreat back to 14 levels. The fear gauge would be at an all time high. Is safaricom not benefiting to some extent with the online learning, online transactions ,home fibre uptake etc .
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Sufficiently Philanga....thropic		#3583 Posted : Tuesday, August 04, 2020 12:21:40 PM
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli		heri wrote: Sufficiently Philanga....thropic wrote: mnandii wrote: SAFARICOM. Still falling. My target of sub 14.00 remains. Do fundamentalists realize that the share has been falling despite the stellar results announced recently? Why has the good results not propped up the share as we were made to believe? The only reason is that fundamentals do not determine the direction of a market. Causality is the opposite way: the market direction determines the direction of fundamentals I don't think anyone expects stellar H1 results due in November. The KES depreciation is also messing up the bulls. That said, it would be interesting to see Scom retreat back to 14 levels. The fear gauge would be at an all time high. Is safaricom not benefiting to some extent with the online learning, online transactions ,home fibre uptake etc . They are but that advantage is currently being offset by the reduction in mpesa transcations vs pre-corona days. also note people are breaking down Mpesa transactions to 1k each so as not to pay any charges. Lastly, nothing scares foreign investors(they account for around 70-80% of volumes in this counter) more than a depreciating currency. @SufficientlyP
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heri		#3584 Posted : Tuesday, August 04, 2020 12:33:22 PM
Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi		Sufficiently Philanga....thropic wrote: heri wrote: Sufficiently Philanga....thropic wrote: mnandii wrote: SAFARICOM. Still falling. My target of sub 14.00 remains. Do fundamentalists realize that the share has been falling despite the stellar results announced recently? Why has the good results not propped up the share as we were made to believe? The only reason is that fundamentals do not determine the direction of a market. Causality is the opposite way: the market direction determines the direction of fundamentals I don't think anyone expects stellar H1 results due in November. The KES depreciation is also messing up the bulls. That said, it would be interesting to see Scom retreat back to 14 levels. The fear gauge would be at an all time high. Is safaricom not benefiting to some extent with the online learning, online transactions ,home fibre uptake etc . They are but that advantage is currently being offset by the reduction in mpesa transcations vs pre-corona days. also note people are breaking down Mpesa transactions to 1k each so as not to pay any charges. Lastly, nothing scares foreign investors(they account for around 70-80% of volumes in this counter) more than a depreciating currency. Good to know. very useful
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VituVingiSana		#3585 Posted : Tuesday, August 04, 2020 5:59:25 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		mnandii wrote: wukan wrote: The fall below 1800 went unnoticed...talk about wazuans burnt to recognition Yeah. So quiet How many of us invest in the NSE Index? It's a misleading representation for most Wazuans. Means little. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Ericsson		#3586 Posted : Tuesday, August 04, 2020 6:37:55 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		VituVingiSana wrote: mnandii wrote: wukan wrote: The fall below 1800 went unnoticed...talk about wazuans burnt to recognition Yeah. So quiet How many of us invest in the NSE Index? It's a misleading representation for most Wazuans. Means little. Yes We look at individual counters and position ourselves. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana		#3587 Posted : Wednesday, August 05, 2020 4:53:09 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		Ericsson wrote: VituVingiSana wrote: mnandii wrote: wukan wrote: The fall below 1800 went unnoticed...talk about wazuans burnt to recognition Yeah. So quiet How many of us invest in the NSE Index? It's a misleading representation for most Wazuans. Means little. Yes We look at individual counters and position ourselves. https://topforeignstocks...nya-nse-20-share-index/ Does anyone have the current NSE 20 Index? @Mnandii - What NSE Index are you using? What are the components? From the 2017 NSE-20 list, I recall owning (or have owned) in any significant quantity but NOT in equal percentages. ARM BAT Stanbic Centum Equity KenolKobil Safaricom SCBK Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Ericsson		#3588 Posted : Wednesday, August 05, 2020 7:59:53 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: mnandii wrote: wukan wrote: The fall below 1800 went unnoticed...talk about wazuans burnt to recognition Yeah. So quiet How many of us invest in the NSE Index? It's a misleading representation for most Wazuans. Means little. Yes We look at individual counters and position ourselves. https://topforeignstocks...nya-nse-20-share-index/ Does anyone have the current NSE 20 Index? @Mnandii - What NSE Index are you using? What are the components? From the 2017 NSE-20 list, I recall owning (or have owned) in any significant quantity but NOT in equal percentages. ARM BAT Stanbic Centum Equity KenolKobil Safaricom SCBK NSE is sleeping,the list needs to be reviewed with some companies being dropped and others added. The companies to be dropped Kenya airways Kenol Mobil ARM Cement Kenya Power Nation media and Bamburi cement to be on the watchlist. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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wukan		#3589 Posted : Wednesday, August 05, 2020 8:48:33 AM
Rank: Veteran Joined: 11/13/2015 Posts: 1,654		VituVingiSana wrote: mnandii wrote: wukan wrote: The fall below 1800 went unnoticed...talk about wazuans burnt to recognition Yeah. So quiet How many of us invest in the NSE Index? It's a misleading representation for most Wazuans. Means little. so what exactly are you invested in if not the top 20 best performing counters Quote: The NSE 20 Share Index is a price weight index calculated as a mean of the top 20 best performing counters. The constituent companies are selected based on a weighted market performance during the period under review based the following criteria:  Trading activity measures i.e. market capitalization, shares traded, deals/liquidity and turnover during the period under review are weighed in the ratio of 4:3:2:1 respectively;  A company must have at least 20% of its shares quoted at the NSE;  Must have a minimum market capitalization of Kshs. 20 million;  A company should ideally be a blue chip with superior profitability and dividend record.
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Ericsson		#3590 Posted : Wednesday, August 05, 2020 9:07:57 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		wukan wrote: VituVingiSana wrote: mnandii wrote: wukan wrote: The fall below 1800 went unnoticed...talk about wazuans burnt to recognition Yeah. So quiet How many of us invest in the NSE Index? It's a misleading representation for most Wazuans. Means little. so what exactly are you invested in if not the top 20 best performing counters Quote: The NSE 20 Share Index is a price weight index calculated as a mean of the top 20 best performing counters. The constituent companies are selected based on a weighted market performance during the period under review based the following criteria:  Trading activity measures i.e. market capitalization, shares traded, deals/liquidity and turnover during the period under review are weighed in the ratio of 4:3:2:1 respectively;  A company must have at least 20% of its shares quoted at the NSE;  Must have a minimum market capitalization of Kshs. 20 million;  A company should ideally be a blue chip with superior profitability and dividend record. @wukan The list is outdated and needs a review. Some of the constituent counters have been delisted,suspended from trading and some no longer shine like they used to 5 years ago. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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