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NSE BUS LEAVING THE STAGE
Cde Monomotapa
#31 Posted : Wednesday, February 29, 2012 11:30:19 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
earthvoice wrote:
the deal wrote:
... as an investor it delights me to see my portfolio turn green in a month after last years losses...

you can say that again!!!smile

the deal
#32 Posted : Thursday, March 01, 2012 8:02:11 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
earthvoice wrote:
the deal wrote:
... We have countless rights issues coming up, then there is the issue of elections and now the Shilling which has been capped at 82!!!

Which ones are these? Only know of possibly NBK and KQ...

NIC Bank, Coop, Stan Chartered, Cfc Stanbic, KQ, Kengen (MD talked of raising capital via equity but I see GoK selling a stake to a strategic investor), Mumias Sugar...we can start a thread dedicated to rights issues.
the deal
#33 Posted : Thursday, March 01, 2012 10:36:39 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery

"If I look at the chart above there is an upward primary trend since we closed at 3070 on the 6th of December 2011, giving hope that the index will not see a close below 3000 anytime soon as long as the primary upward trend we have seen since the 6th of December 2011 is not broken in the near term. A break out above 3200 will see the index trade at around 3330 (3200+(3200-3070)) while a break below the upward trend line that's if we see sustained selling pressure in the coming weeks gives me a target of 2920 (3070-(3200-3070))" I wrote on my Blog on 8 Feb 2012, The market is now overbought, pull back (Puncture to the NSE bus) expected anytime from now http://contrarianinvesti...ery-on-course-at-the-nse
the deal
#34 Posted : Wednesday, March 28, 2012 2:22:41 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
[quote=the deal]
"If I look at the chart above there is an upward primary trend since we closed at 3070 on the 6th of December 2011, giving hope that the index will not see a close below 3000 anytime soon as long as the primary upward trend we have seen since the 6th of December 2011 is not broken in the near term. A break out above 3200 will see the index trade at around 3330 (3200+(3200-3070)) while a break below the upward trend line that's if we see sustained selling pressure in the coming weeks gives me a target of 2920 (3070-(3200-3070))" I wrote on my Blog on 8 Feb 2012, The market is now overbought, pull back (Puncture to the NSE bus) expected anytime from now http://contrarianinvesti...ry-on-course-at-the-nse[/quote]
Mild pull back we have seen in the past two weeks..this mbus wants to push on and test 3500...let's if it will go there...most stocks are in wave 3...which is bullish!!!
hisah
#35 Posted : Wednesday, March 28, 2012 2:35:11 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
I'm waiting to see the 3500 test and the volume behind it. Are we about to see fireworks since this oil thing just changed the tide!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#36 Posted : Wednesday, March 28, 2012 2:37:44 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Mmm...That's an interesting cartoon to watch. Let's see +3,500
cnn
#37 Posted : Wednesday, March 28, 2012 3:06:38 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Cde Monomotapa wrote:
Mmm...That's an interesting cartoon to watch. Let's see +3,500

Funny people these cartoonists,one already sold their KK and KCB holdings three weeks back,so what are they watching the index for?
the deal
#38 Posted : Wednesday, March 28, 2012 3:33:58 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Cartoons or no cartoons...all I care about is making money and do things that make me happy, if I can make 50K on KCB and buy that Iphone then I'm happy, the market will be here forever..there will always be buying and selling opportunities...the difference is the profit...hehehe not the index...so Kenyans let's get that LOIL money.
earthvoice
#39 Posted : Wednesday, March 28, 2012 5:40:25 PM
Rank: Member

Joined: 1/29/2011
Posts: 257
cnn wrote:
Cde Monomotapa wrote:
Mmm...That's an interesting cartoon to watch. Let's see +3,500

Funny people these cartoonists,one already sold their KK and KCB holdings three weeks back,so what are they watching the index for?

Shame on you Shame on you Shame on you
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
earthvoice
#40 Posted : Wednesday, March 28, 2012 5:42:17 PM
Rank: Member

Joined: 1/29/2011
Posts: 257
cnn wrote:
Cde Monomotapa wrote:
Mmm...That's an interesting cartoon to watch. Let's see +3,500

Funny people these cartoonists,one already sold their KK and KCB holdings three weeks back,so what are they watching the index for?

Shame on you Shame on you Shame on you
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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