Wazua
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Rank: Elder Joined: 3/19/2010 Posts: 3,503 Location: Uganda
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nse soko ya samonkey punda amecheka
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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ha! ha! samonkey...good one. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Member Joined: 11/1/2013 Posts: 257
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The bubble will burst when they make an abrupt announcement on a so called 'material information' No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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190/- This is sheer madness, tufyiakwa!!!!! Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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If only one can tell the future and the future becomes now.
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Rank: Member Joined: 1/14/2014 Posts: 178
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At this rate this thing will be the second to cross KES 1,000 and in zero point zero zero zero something percentage of the time that BAT took. Where are their offices i just pass by to see the kind of people that work there. They might just be angels too. Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Thought they are in Nakuru
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Rank: Member Joined: 2/20/2008 Posts: 84
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This will be a pretty good case study.."How to manipulate Mr. Market" Any MBA takers wanna try this.. Life and beer are very similar........chill for best results.
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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iMANI wrote:This will be a pretty good case study.."How to manipulate Mr. Market"
Any MBA takers wanna try this.. Willing Buyer, Willing Seller. If you want to sell, sell. If you want to buy, buy. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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people are discussing this bandia firm??
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 11/1/2013 Posts: 257
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obiero wrote:people are discussing this bandia firm??  No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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Rank: Member Joined: 3/15/2009 Posts: 359
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VituVingiSana wrote:iMANI wrote:This will be a pretty good case study.."How to manipulate Mr. Market"
Any MBA takers wanna try this.. Willing Buyer, Willing Seller. If you want to sell, sell. If you want to buy, buy. What if you want to be the seller and buyer at the same time at a price tjhats 110% othe previous days?
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Rank: Veteran Joined: 4/27/2010 Posts: 951 Location: Nyumbani
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I wonder how this stock moves up with hundreds of shares trading. I tried once with Britam, there were several thousands shares on demand and at around 32 and zero offer. So i thought i can sell mine for 38 and on the price range they have from 32 to fifty something. So i thought 38 is on the range but when i tried doing so i got the message the price is not within the range. On checking KORCH, i saw the demand price was around 175 for around 500 shares and someone offered 180 for 300 shares. I thought when there are zero offers the price goes up in a certain range. I wonder how shares like BAT can rise with a 40ksh margin
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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shocks wrote:VituVingiSana wrote:iMANI wrote:This will be a pretty good case study.."How to manipulate Mr. Market"
Any MBA takers wanna try this.. Willing Buyer, Willing Seller. If you want to sell, sell. If you want to buy, buy. What if you want to be the seller and buyer at the same time at a price tjhats 110% othe previous days? The ATS used by the NSE is based on first to market approach. There is a flaw vs the Cry Out system that allowed over-bidding and under-selling within the 10% limit. This limit could be over-ridden by the Floor Manager if he saw fit. The ATS does not allow the same buyer to be a seller for the same trade. Of course, one could sell to an associated buyer [different CDSC Account] but if another buyer/seller comes in higher/lower than the 'best price' wins. Bottomline: If you want to sell, no matter what, then offer at the LOWEST possible offer [10% lower than the prior session's VWAP]. If you are happy with the prior session's VWAP then offer them at VWAP. Do not be greedy. In the case of KORCH [based on I what I think I know] I would be very happy to take the current price! Alas, I have no shares in KORCH. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 8/4/2012 Posts: 155 Location: Kenya
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kiash wrote:I wonder how this stock moves up with hundreds of shares trading. I tried once with Britam, there were several thousands shares on demand and at around 32 and zero offer. So i thought i can sell mine for 38 and on the price range they have from 32 to fifty something. So i thought 38 is on the range but when i tried doing so i got the message the price is not within the range. On checking KORCH, i saw the demand price was around 175 for around 500 shares and someone offered 180 for 300 shares. I thought when there are zero offers the price goes up in a certain range. I wonder how shares like BAT can rise with a 40ksh margin The margin is 10% of previous close. Assuming the 32/= for britam was also the previous close, then your 38/= is way over the 10% max margin (35/=). For BAT at 1000/=, the trade can be anywhere +/- 100/=. 40/= is only 4% gain. It doesn't matter whether there are offers or not, its a general rule lifted only when there is a material announcement on the stock. If you don't want to go to plan B have a good plan A.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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VituVingiSana wrote:shocks wrote:VituVingiSana wrote:iMANI wrote:This will be a pretty good case study.."How to manipulate Mr. Market"
Any MBA takers wanna try this.. Willing Buyer, Willing Seller. If you want to sell, sell. If you want to buy, buy. What if you want to be the seller and buyer at the same time at a price tjhats 110% othe previous days? The ATS used by the NSE is based on first to market approach. There is a flaw vs the Cry Out system that allowed over-bidding and under-selling within the 10% limit. This limit could be over-ridden by the Floor Manager if he saw fit. The ATS does not allow the same buyer to be a seller for the same trade. Of course, one could sell to an associated buyer [different CDSC Account] but if another buyer/seller comes in higher/lower than the 'best price' wins. Bottomline: If you want to sell, no matter what, then offer at the LOWEST possible offer [10% lower than the prior session's VWAP]. If you are happy with the prior session's VWAP then offer them at VWAP. Do not be greedy. In the case of KORCH [based on I what I think I know] I would be very happy to take the current price! Alas, I have no shares in KORCH. Hii nyani jo
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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obiero wrote:VituVingiSana wrote:shocks wrote:VituVingiSana wrote:iMANI wrote:This will be a pretty good case study.."How to manipulate Mr. Market"
Any MBA takers wanna try this.. Willing Buyer, Willing Seller. If you want to sell, sell. If you want to buy, buy. What if you want to be the seller and buyer at the same time at a price tjhats 110% othe previous days? The ATS used by the NSE is based on first to market approach. There is a flaw vs the Cry Out system that allowed over-bidding and under-selling within the 10% limit. This limit could be over-ridden by the Floor Manager if he saw fit. The ATS does not allow the same buyer to be a seller for the same trade. Of course, one could sell to an associated buyer [different CDSC Account] but if another buyer/seller comes in higher/lower than the 'best price' wins. Bottomline: If you want to sell, no matter what, then offer at the LOWEST possible offer [10% lower than the prior session's VWAP]. If you are happy with the prior session's VWAP then offer them at VWAP. Do not be greedy. In the case of KORCH [based on I what I think I know] I would be very happy to take the current price! Alas, I have no shares in KORCH. Hii nyani jo True ni NYANI he jumps to top gainer today,tomorrow jumps down to top looser. as jumpy as the monkey! His/her fellow monkeys FTG,OC,HAFRK at top of tree (NSE ) leading the pack today. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Been sliding just like it was rising. 10% up so goes 10% on vapour volume... NSE indeed stinks. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Have they issued a profit warning ?????
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Rank: Member Joined: 6/17/2008 Posts: 36 Location: Nairobi
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