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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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..where's that T.A dude..  ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@njung'e. explain, im now desensitzed. bloodbath ensues.........ama The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Njunge, indeed do tell ... Now that I have not got my order completed at 10% down, I have withdrawn it. If indeed the kinda info you have is so devastating then I guess we will be buying at well below Kshs 10. But then I believe in buying gradually!
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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There goes the "12bob" theory!! We're at11.90. Myth busted!!!
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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@QW. MSC just breached Kshs 12. Some deals already concluded at 11.90. In this mkt it does NOT pay to make ABSOLUTE predictions, in the face of ever-changing circumstances.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,627
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As you watch mumias,the global markets are tanking,after 2008 the effect of foreign investors selling off can not be ignored.I am watching closely.
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Rank: New-farer Joined: 8/23/2010 Posts: 63 Location: Kampala
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I think this is a good counter going forward,coz it has one of the best free cash yields at the current price and should it sink more the yields get better. Based on the historical earnings and cashflows, this counter has an I.V of about 17/-. there's minimum downside potential, i think at 10/- it would enter steal territory.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Hey 11.80.....Eric(qw) where u at son?
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Rank: Veteran Joined: 6/17/2009 Posts: 1,627
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[quote=msimon
i think at 10/- it would enter steal territory.[/quote]
Is that not where we ALL want it?
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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Njung'e - rehe uhoro. Uza/nunua? The Governor of Nyeri - 2017
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