Wazua
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Scan Group
Rank: Elder Joined: 9/12/2006 Posts: 1,554
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sparkly wrote:what the H*** is brewing here? people trading on insider information??? Iko nini, i beg you please tell me.
Iko kitu i want to believe post#74
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Rank: New-farer Joined: 8/19/2010 Posts: 49 Location: Nairobi
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It hit Ksh. 55/= you'd think downhill from there. can't believe I've watched it to 75/=!!! whoz buying now??? damn missed bus 
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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What fundamentals support the quick rise? I think somebody will be caught here. Do we expect adverts to increase , no . No erections alound the corner.Monkey business. Utaachwa na Nyani and Monkey merchant is no where to be seen Scangroup is now overpriced. Someone convince me otherwise punda amecheka
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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newfarer wrote:What fundamentals support the quick rise? I think somebody will be caught here.
Do we expect adverts to increase , no . No erections alound the corner.Monkey business. Utaachwa na Nyani and Monkey merchant is no where to be seen
Scangroup is now overpriced. Someone convince me otherwise It appears fundamentals will be worked out after the news has been released for now it appears people are taking position on rumour, maybe post#74 has a hint?
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Someone asked who was buying at these prices. With the bourse there is no ceiling price, maybe for some time. I have bern staring at this counter since it was 27 KES African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Renegade wrote:Does anyone remember the story of Daedalus and Icarus? If you fly too close to the stars be VERY prepared for the fall. Supply of 99,400 @ 70+ against Bids of 5,000 at 65.50 and below at 11.07. Watch the scramble as price falls. Hope no Wazuans were suckered into buying into the hype at 76. I would not not however be surprised if some White Knight stepped in to support the price between 50-60. Over to Y'all!
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Rank: Member Joined: 6/25/2010 Posts: 176
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insider info that caused the rally upto recently http://www.bloomberg.com/news/2...s-for-joint-venture.htmlRule No.1 is never lose money. Rule No.2 is never forget rule number one
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Rank: Elder Joined: 9/15/2006 Posts: 3,906
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dave.kim wrote:insider info that caused the rally upto recently Ogilvy & Mather, Scangroup of Kenya Secure All Approvals for Joint Venture Don't know how pertinent...same old news
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Wait until they announce a dividend of .70/- or at most 1/- then you'll see the tumble. I hope those of you who were waiting for 80/- got out in good time...
BBI will solve it :)
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Very old news Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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newfarer wrote:What fundamentals support the quick rise? I think somebody will be caught here.
Do we expect adverts to increase , no . No erections alound the corner.Monkey business. Utaachwa na Nyani and Monkey merchant is no where to be seen
Scangroup is now overpriced. Someone convince me otherwise Who can say he/she wasn't warned? Even 50 Scangroup will be overpriced.No elections therefore no many adverts punda amecheka
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Rank: Member Joined: 10/18/2007 Posts: 217
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2012 Sure thing my broker got me out at ksh75/=
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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newfarer wrote:No elections therefore no many adverts My friend, elections is very small revenue to advertising. In fact it hurts advertising more than you think because our elections are usually in December and almost all brands cut advertising because of low impact. Don't forget that politicians biggest spend is on t-shirts, caps, vehicles with speaker and those annoying posters which are plastered on your gate using flour all of which adds zero to the mainstream advertising.
BBI will solve it :)
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Scangroup takes the plunge. ppl must be burning fingers somewhere now The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Its time to pay back,where is goliath to hold it,its dropping with massive weight like a rock. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Aguytrying wrote:Scangroup takes the plunge. ppl must be burning fingers somewhere now I doubt that. I think whoever was buying was buying for strategic reasons. I know there could have been a few dumb guys who followed the Pied Piper and to them poleni sana.
BBI will solve it :)
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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The "Pied Piper". Now wasn't that some story? Interestingly, today foreigners were still buying - almost 90% of purchases and have left orders at a price of 65.50.
As you can see they are not chasing the stock anymore. They are letting the sellers come to them. Now, if only I knew why the heck they are buying at these levels which still look absurd to me!
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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2012 wrote:Aguytrying wrote:Scangroup takes the plunge. ppl must be burning fingers somewhere now I doubt that. I think whoever was buying was buying for strategic reasons. I know there could have been a few dumb guys who followed the Pied Piper and to them poleni sana. I had some cash with my broker and he was asking me to buy mentioning a possibility of the the share hitting 100 shillings, without solid facts or something that i could base the investment on, it was like "vile naona ita fika mia moja, we nipe order" i opted to invest elsewhere
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Rank: Elder Joined: 6/19/2008 Posts: 4,268
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mwanahisa wrote:The "Pied Paper". Now wasn't that some story? Interestingly, today foreigners were still buying - almost 90% of purchases and have left orders at a price of 65.50.
As you can see they are not chasing the stock anymore. They are letting the sellers come to them. Now, if only I knew why the heck they are buying at these levels which still look absurd to me! I think these are the guys that leave many holding weeping monkeys..... they hype the ka-share then dump like it's stinging..... and viola.... the wendzs, jamanis and wanahisas are left holding the damn thing for years..... I have learnt, the hard way, to keep away from greed(hyped shares)....... Got myself roasted.... and now i know better...
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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To all the Jamas that bought above 60, I want you to line up, lift your hands up, and face the wall, someone hand me over the whip, I have several arses to whip, who cares to help? Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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