Wazua
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Madness at the NSE
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mwekez@ji wrote:youcan'tstopusnow wrote:I reckon at least another 100 points today to take us past 4900. NSE clocked 1.2 Billion in turnover leo.
Looking at that board today, we could very possibly be within licking distance of 5k mark
Hail to the highs 
On point!
Buoyed by the sale of EA
Breweries shares, turnover soared to Kes.1.20bn on a volume of 56M shares, up from
Kes.658M on 33M shares
posted yesterday.
The NSE 20 Share Index was up 3.95% or 189.57 points to stand at 4985.91.
All Share Index (NASI) was up 4.00 points to stand at 119.37.
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@youcant - I can see I influenced you on tracking the index 
Today's closing level of 4985 means NSE20 is now 20.6% up in 2013...
And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in!$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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youcan'tstopusnow wrote:mwekez@ji wrote:youcan'tstopusnow wrote:I reckon at least another 100 points today to take us past 4900. NSE clocked 1.2 Billion in turnover leo.
Looking at that board today, we could very possibly be within licking distance of 5k mark
Hail to the highs
On point!
Buoyed by the sale of EA
Breweries shares, turnover soared to Kes.1.20bn on a volume of 56M shares, up from
Kes.658M on 33M shares
posted yesterday.
The NSE 20 Share Index was up 3.95% or 189.57 points to stand at 4985.91.
All Share Index (NASI) was up 4.00 points to stand at 119.37.
Highest one day gain this year (3.95%) Now only 0.28% to 5,000 mark
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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hisah wrote:@youcant - I can see I influenced you on tracking the index
Today's closing level of 4985 means NSE20 is now 20.6% up in 2013...
And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in!
That cash should take us miles up. The turnover today points that the cash is very eager to find home in the market. I noted a number of counters where all available supply was wiped out in early hours of the morning. Hail to the uptrend
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mwekez@ji wrote:youcan'tstopusnow wrote:mwekez@ji wrote:youcan'tstopusnow wrote:I reckon at least another 100 points today to take us past 4900. NSE clocked 1.2 Billion in turnover leo.
Looking at that board today, we could very possibly be within licking distance of 5k mark
Hail to the highs
On point!
Buoyed by the sale of EA
Breweries shares, turnover soared to Kes.1.20bn on a volume of 56M shares, up from
Kes.658M on 33M shares
posted yesterday.
The NSE 20 Share Index was up 3.95% or 189.57 points to stand at 4985.91.
All Share Index (NASI) was up 4.00 points to stand at 119.37.
Highest one day gain this year (3.95%) Now only 0.28% to 5,000 mark
I can almost taste it. Hehe.
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah wrote:@youcant - I can see I influenced you on tracking the index
Today's closing level of 4985 means NSE20 is now 20.6% up in 2013...
And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in!
Some of that cash you mention bado iko chini ya mattress. The NSE is up 7 percent in 2 days - once the press lap this up, definitely some of it will find its way back into the market
GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:hisah wrote:@youcant - I can see I influenced you on tracking the index
Today's closing level of 4985 means NSE20 is now 20.6% up in 2013...
And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in!
Some of that cash you mention bado iko chini ya mattress. The NSE is up 7 percent in 2 days - once the press lap this up, definitely some of it will find its way back into the market
I see no sign to the end of the current trend. esp for undervalued(now fairly valued counters).
One needs target price for selling, based on ones valuations.
The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/3/2007 Posts: 18,375 Location: Nairobi
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The Great Gambler by Kenny Rogers
http://www.youtube.com/watch?v=Jj4nJ1YEAp4Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Aguytrying wrote:youcan'tstopusnow wrote:hisah wrote:@youcant - I can see I influenced you on tracking the index
Today's closing level of 4985 means NSE20 is now 20.6% up in 2013...
And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in!
Some of that cash you mention bado iko chini ya mattress. The NSE is up 7 percent in 2 days - once the press lap this up, definitely some of it will find its way back into the market
I see no sign to the end of the current trend. esp for undervalued(now fairly valued counters).
One needs target price for selling, based on ones valuations.
Agreed. E.g, even after the recent rally, it is only now that HF is trading at NAV
GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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