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How to tell NSE has bottomed out
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:Ericsson wrote:Price correction taking place in Athi River Mining.
Counter was trading at the highest PE in the market at around 33.
Price correction will continue till the counter trades at the ranges of ksh.50-60 per share you forgot something. "Says my crystal ball" The floor for ARM is around 50 - 55 as stated by @ericsson. Also the same zone is where the equity loan conversion (by Africa Finance Corporation) had the strike price of $3.20. This works out to KES 268 back in 2012 which is KES 53.60 post split ratio 1:5. I had discussed this in a thread between ARM or BAMB. Can't remember the thread. Equity loan conversion option was for a board seat.
So ARM's PPT or DNT (don't touch level) is 53.60 
BD covered the story back in July 2012 - http://bit.ly/1hxLgTU
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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hisah wrote:murchr wrote:hisah wrote:hisah wrote: Silently floating up as sellers retreat from 12 - 12.50. The 3mth chart is forming an ascending triangle which means if the bulls pile in the pressure, 12.50 resistance will breakdown opening up 13 - 13.50 as the next targets. VWAP closes @12.75 with a high of 13.
Breakout on the ascending triangle round 2 as the resistance @12.50 folds. Off to the races again just like @7.50 with thin supply... The Yu mobile deal fallout has been digested. This is the 2nd time the LTP is 13:00 lets see how long it shall last The break has comes weeks before the results. It has legs until the day of the results where I expect some selling pressure. For now 13 - 13.50 or higher as long as 11-11.50 is not broken. If it clocks 15, the selling will be strong!
@philanga - did u decamp completely? And someone made an article off this "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
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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at the quietest of times, i will load KP in bucketload. and at very juicy price from the look of things. …. @hisah, what do the charts say about this counter
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Rank: Member Joined: 1/3/2014 Posts: 257
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mwekez@ji wrote:at the quietest of times, i will load KP in bucketload. and at very juicy price from the look of things. …. @hisah, what do the charts say about this counter @mwekez@ji expound on "the quietest of times"
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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snipermnoma wrote:mwekez@ji wrote:at the quietest of times, i will load KP in bucketload. and at very juicy price from the look of things. …. @hisah, what do the charts say about this counter @mwekez@ji expound on "the quietest of times" When most arent interested. Like its happening
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Safaricom..Bulls are HIGH on weed. Next stop 14.20-14.50 EABL warming up to break the 280 resistance
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mwekez@ji wrote:at the quietest of times, i will load KP in bucketload. and at very juicy price from the look of things. …. @hisah, what do the charts say about this counter KP is on my radar. Started acquiring quietly this month $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Safcom money or the box???Cfci money or the box???????? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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mlennyma wrote:Safcom money or the box???Cfci money or the box???????? Next is CFC STANBIC Bank & Kenya Re In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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hisah wrote:mwekez@ji wrote:at the quietest of times, i will load KP in bucketload. and at very juicy price from the look of things. …. @hisah, what do the charts say about this counter KP is on my radar. Started acquiring quietly this month
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