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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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qw25041985 wrote:@horton.Lol. U think i care abt fantasy market. I hav the real deal in the real market . And there'll b no sell-off . Let ment bore u w/ my reasons but there's no sell-off . ..and then...qw25041985 wrote:Well Njunge and all MSC haters were right abt a panic sell-off but i go futhure and say where it'll end...thats why i love t.a .and where the heck is @hisah.to bring all you haters 2 the light.
bytheway we can bet my car (and it a lambogini,but do i say, eheeh) that itsnt goin TO CLOSE below 12 bob.....if todays volume cannt give you a hint about what to expect tomorrow then wait for kesho......i am sayin that look at how the volume has been weakenin thats show you panic sellers have been shaken off !!!!!!!!!!!!!! ..not forgeting..
qw25041985 wrote:I wish wazua had a voice option....then i'd shout some sence into all of your heads ...todays volumes were low compared to the last sessions volumes then add that to its over-sold aspect and the price cannt go any lower.
@guru267.bytheway if i win the bet you are buyin me lunch.i dnt know how but you will..... LOL. ..and to the question..qw25041985 wrote:in a situation like this i am thinkin of WWBD : What Would Buffet Do . lol well, buffet cares little, if any of T.A and for all his years of investing NSE has never been an option.. so what would he do? NOTHING!Dude..the future of a share price can only be certain within certain parameters (e.g..tech analysis) if ALL OTHER FACTORS REMAIN THE SAME!! Human behavior is NEVER constant.. Put a sock in it! ..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: Chief Joined: 1/3/2007 Posts: 18,241 Location: Nairobi
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@proverB - WWBD... It is not a question of whether he currently invests (or wud) in Kenya... Would be invest in a firm like MSC is the question... [I do not know] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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You guys definately got it wrong in never said there'llnt be a sell-off but what i am saying is that it will not sell-off to below 12.00. hiyo tu. and thats where strong technical analysis comes in...lets wait and see. Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@qw - I've checked the 3mth, 6mth and year chart pattern and the near term decent support is 12 - 12.50. But looking at the lower bollinger band bending downwards, more selling pressure is coming. The RSI is also bearish as well as slow stochastics despite the oversold levels. I expect a relief bounce at or below 13 (12.90 - 12.70), but this one should head to 12 - 12.50. If that level doesn't hold, there is a lot of nothing (space) all the way to 10 - 10.55 which will reverse the bullish year setup. Also if you draw a rising trend line from 9/4/2010 close all the way to 28/7/2010 close, the point to look for is 13.60 which is where the price closed today. If we close below this tomorrow, expect selling to continue. Best view of this analysis is the yearly chart. http://www.bloomberg.com/apps/quote?ticker=MSUG:KN$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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Men , hisah . u are so on point . clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! Thank you. . so the bottomline is that 12.50 has to hold and as a matter of fact it will hold....bytheway i am just waiting for a relief rally i sell half atleast,coz there'll be allot of waiting before a full blow rally ensues. and still people will be putting orders for 10.00 ??????? and they will still read this post and yours . i tell you t.a is the way to go.it just takes you ahead of the curve. Your future depends on your dreams so go to sleep !
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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qw25041985 wrote:Men , hisah . u are so on point . clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! clap ! Thank you. . so the bottomline is that 12.50 has to hold and as a matter of fact it will hold....bytheway i am just waiting for a relief rally i sell half atleast,coz there'll be allot of waiting before a full blow rally ensues.
and still people will be putting orders for 10.00 ??????? and they will still read this post and yours . i tell you t.a is the way to go.it just takes you ahead of the curve. please note what Hisah comments elsewhere concerning a pending order of 500k shares to buy quoted at 10...hisah wrote:I have quoted on the Mumias results post, that if 12 - 12.50 level is broken, this 500K @10 bid will be easily filled. How long, it is anybody's guess, but breaking 12/- should see selling acceleration towards 10/- ..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: 6/2/2008 Posts: 1,438
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Ahem....It looks like the selling pressure is still there. I am placing my bid in the pre-open at 10% (Kshs 11.05) below yesterday's price. From the sentiments expressed herein (other than from QW), it looks like I may get lucky. Let's see ....
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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SOMETHING IS WRONG....REALLY WRONG!....I PRAY. Nothing great was ever achieved without enthusiasm.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Njung'e wrote:SOMETHING IS WRONG....REALLY WRONG!....I PRAY. @Njung'e please explain 
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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Ni ku-fyam!!...Will be back with details. Nothing great was ever achieved without enthusiasm.
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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: 1,622
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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: 1,622
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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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