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How to tell NSE has bottomed out
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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mlennyma wrote:Although kq has seriously rallied,it has more head room in the medium to longterm,kk will hardly pass 15 but kq can easily walk over 15bob..my take. KK at 9, KQ at 13.50 so it makes more sense to use %s rather than absolute numbers. KQ has beaten KK over the past year. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mlennyma wrote:Are we seeing new high on 20index today? Up 3.73 points to close at 5031.02 :)
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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KQ shares hit 12-month high ahead of results• Kenya Airways (KQ) shares hit a new all-year high during Tuesday’s trading ahead of the release of the national carrier’s half year’s results • The airline’s shares hit a high of Sh13.70 during trading at the Nairobi Securities Exchange before closing at Sh13.45 • KQ's share has gained 17.98 per cent when compared to Sh11.40 the opening price at the start of this year.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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NSE20 quietly prints a new year high @5031. 5100 still stands in the way... CIC has lagged other insurance firms for months. But the spike today and the chart pattern with coiled price range is gearing for a strong upthrust. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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 •Data by the Central Depository Settlement Corporation (CDSC) shows the total number of CDS accounts at the Nairobi Securities Exchange has surged to 2.3 million driven by the conversion, technically called “dematerialisation”. •The CDSC, which holds custody of all shares listed at the NSE, had given a November deadline by which all investors ought to have converted their physical share certificates into the electronic platform. •CDSC said it was still compiling data of investors who are still holding onto physical share certificates. They will be barred from accessing their dividends, participating in rights issues or benefiting from bonus issues and share splits. http://www.businessdailyafrica....4/-/skh3daz/-/index.html
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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mwekez@ji wrote:•Data by the Central Depository Settlement Corporation (CDSC) shows the total number of CDS accounts at the Nairobi Securities Exchange has surged to 2.3 million driven by the conversion, technically called “dematerialisation”. •The CDSC, which holds custody of all shares listed at the NSE, had given a November deadline by which all investors ought to have converted their physical share certificates into the electronic platform. •CDSC said it was still compiling data of investors who are still holding onto physical share certificates. They will be barred from accessing their dividends, participating in rights issues or benefiting from bonus issues and share splits. http://www.businessdailyafrica....4/-/skh3daz/-/index.html That would be illegal under current Company Law. "They will be barred from accessing their dividends, participating in rights issues or benefiting from bonus issues and share splits"Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:mwekez@ji wrote:•Data by the Central Depository Settlement Corporation (CDSC) shows the total number of CDS accounts at the Nairobi Securities Exchange has surged to 2.3 million driven by the conversion, technically called “dematerialisation”. •The CDSC, which holds custody of all shares listed at the NSE, had given a November deadline by which all investors ought to have converted their physical share certificates into the electronic platform. •CDSC said it was still compiling data of investors who are still holding onto physical share certificates. They will be barred from accessing their dividends, participating in rights issues or benefiting from bonus issues and share splits. http://www.businessdailyafrica....4/-/skh3daz/-/index.html That would be illegal under current Company Law. "They will be barred from accessing their dividends, participating in rights issues or benefiting from bonus issues and share splits" This was my exact worry... Now guys with paper certs have to go to court in order to do anything with them...  Won't companies have to delete these illegal shares from their balance sheet? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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guru267 wrote:VituVingiSana wrote:mwekez@ji wrote:•Data by the Central Depository Settlement Corporation (CDSC) shows the total number of CDS accounts at the Nairobi Securities Exchange has surged to 2.3 million driven by the conversion, technically called “dematerialisation”. •The CDSC, which holds custody of all shares listed at the NSE, had given a November deadline by which all investors ought to have converted their physical share certificates into the electronic platform. •CDSC said it was still compiling data of investors who are still holding onto physical share certificates. They will be barred from accessing their dividends, participating in rights issues or benefiting from bonus issues and share splits. http://www.businessdailyafrica....4/-/skh3daz/-/index.html That would be illegal under current Company Law. "They will be barred from accessing their dividends, participating in rights issues or benefiting from bonus issues and share splits" This was my exact worry... Now guys with paper certs have to go to court in order to do anything with them... Won't companies have to delete these illegal shares from their balance sheet? Read on, it states: Quote:Share issuers have opened CDS accounts which they will hold in trust all shares that had not been immobilised by the end of the transfer period. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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Pesa Nane wrote:guru267 wrote:VituVingiSana wrote:mwekez@ji wrote:•Data by the Central Depository Settlement Corporation (CDSC) shows the total number of CDS accounts at the Nairobi Securities Exchange has surged to 2.3 million driven by the conversion, technically called “dematerialisation”. •The CDSC, which holds custody of all shares listed at the NSE, had given a November deadline by which all investors ought to have converted their physical share certificates into the electronic platform. •CDSC said it was still compiling data of investors who are still holding onto physical share certificates. They will be barred from accessing their dividends, participating in rights issues or benefiting from bonus issues and share splits. http://www.businessdailyafrica....4/-/skh3daz/-/index.html That would be illegal under current Company Law. "They will be barred from accessing their dividends, participating in rights issues or benefiting from bonus issues and share splits" This was my exact worry... Now guys with paper certs have to go to court in order to do anything with them... Won't companies have to delete these illegal shares from their balance sheet? Read on, it states: Quote:Share issuers have opened CDS accounts which they will hold in trust all shares that had not been immobilised by the end of the transfer period. Hakuna stori hapa. Idle threats from CDSC js to get guys active. Kenyans like threats
KQ ABP 4.26
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Volumes have started suggesting holiday mood but attractive entry points will be very rare. "Don't let the fear of losing be greater than the excitement of winning."
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