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How to tell NSE has bottomed out
mwekez@ji
#4061 Posted : Wednesday, September 11, 2013 11:09:41 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Kenyan shares inched higher on Wednesday to continue their winning streak for the sixth session in a row, helped by foreign investors looking to enter a rising market, while the shilling was steady against the dollar.

The benchmark NSE-20 share index rose 0.1 percent to 4727.66 points

http://www.reuters.com/article/...ts-idUSL5N0H72R720130911
murchr
#4062 Posted : Thursday, September 12, 2013 3:14:33 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Very boring NSE highest gainer is OCH again...
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
hisah
#4063 Posted : Thursday, September 12, 2013 6:56:18 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mpesa bank goes exdiv @8.05. I expected the price to be sub 7.80 by now. Will be interesting to see a retest of 7.50 former all time critical resistance.

@murchr - nse wil remain boring until that 4500 - 4800 range is broken in either direction.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
the deal
#4064 Posted : Friday, September 13, 2013 2:44:49 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Interesting few month ahead...its either we will break out or break down as @hisah says...the VAT Bill...high pump prices...poor weather forecast....could push inflation to double digits...it will also be interesting to see if CBR will remain at 8.5% in 2013 ....either way the bias is for a break down..very little impetus for a break out given the valuations on our blue chips & the taper talk by the Fed which could reduce foreign investor participation..still some gems in the market though.....but one needs to be selective....a wild card is the ICC trials....if the cases are dismissed or the verdict is not guilty then expect a rally...if guilty then.....KaBooom!
Sufficiently Philanga....thropic
#4065 Posted : Friday, September 13, 2013 5:13:00 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Good one @the deal. Next week,18th we get to listen to the FED chair. Lets see how the market plays out!!
@SufficientlyP
Cde Monomotapa
#4066 Posted : Friday, September 13, 2013 5:13:22 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Eurobond
Cde Monomotapa
#4067 Posted : Friday, September 13, 2013 5:23:12 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
Eurobond

RSA went out recently for USD1.5B and took USD2B. Attracted 22B in subscriptions. Yield 6% (over 3% the US treasuries). Let's see.
mwekez@ji
#4068 Posted : Friday, September 13, 2013 5:25:43 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
#Ready For Take Off
mwekez@ji
#4069 Posted : Friday, September 13, 2013 5:27:38 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
The day by day foreign inflows speaking volumes
Cde Monomotapa
#4070 Posted : Friday, September 13, 2013 5:37:10 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
As for ICC, there is no dispute that people, me inclusive, were affected by PEV in one way or another. It's been over 5 years so what's new now?

Secondly, the cases must be about proving responsibility and not blatant character assassination which then, will not do anybody justice.

Personally, I don't see any reason why I won't wake up tomorrow and take care of business. What am I/we supposed to do? Stop working and stay home watching TV? BS. This is a Sovereign with structures and thus, Kazi Iendelee!
569 Pages«<405406407408409>»
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