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Bottomed out stocks... Stocks that have hit rock bottom prices
Cde Monomotapa
#31 Posted : Monday, July 11, 2011 9:55:35 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
FUNKY wrote:
http://www.businessdailyafrica.com/Dollar+likely+to+weaken+as+debt+talks+slow+down/-/539552/1198074/-/11sasqkz/-/index.html

Good news for Industrial stocks who lost value due to weakening of the shilling. Hope the shilling does gain some ground against the dollar as stated in the article.

Niku-gwan..and why crude prices so high and yet there is so much economic in-activity abroad!?
Cde Monomotapa
#32 Posted : Monday, July 11, 2011 11:52:06 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@Aguy..handled my biz this morning. KGN @12.8 (atlast after bidding since Wed last week). My Av.goes down to 15.1 from 16.4. Let's see how it goes.
Kenyan Oracle
#33 Posted : Monday, July 11, 2011 3:11:16 PM
Rank: Member

Joined: 5/31/2011
Posts: 262
underweight wrote:
Shame on you In my own opinion I believe the following counter have almost hit their rock bottom prices and the only direction is North fundamentals held constant.... EA Cables at 11.50, Sameer Africa @ 4.50, Express Kenya @ 4.20, kenya Re at 8.00 Olympia Capital 4.20 and KenGen at 11.50! What your take on this and any other that U feel have hit rock bottom too! Over to you wazuans!


Laughing out loudly Laughing out loudly Laughing out loudly Am rolling on the floor laughing my head off. Ati Matu, Express and Merali. Have you checked their fundamentals? Those are stocks best avoided. I'd rather go the KK way, KPLC, and maybe, just maybe Kengen for the long haul
You lose money chasing women, but you never lose women chasing money - NAS
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