wazua Fri, Sep 19, 2025
Welcome Guest Search | Active Topics | Log In

diamond may not be diamond after all
bartum
#1 Posted : Tuesday, November 09, 2010 2:53:34 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
for the last few days diamond has had alot of supply( as per rich co.ke) with few trades, price seriously pointing downwards.could this be a pointer of not so rosy Q3
kasheshe
#2 Posted : Tuesday, November 09, 2010 4:09:17 PM
Rank: New-farer


Joined: 8/6/2010
Posts: 26
Bartum,

I hope DTK was not another Eaagads. We chased it all the way up to 145 and then grew cold feet. Thank God some of us us who shied away from the bull run can now board the bus. The fundamentals are still good though.
KulaRaha
#3 Posted : Tuesday, November 09, 2010 4:16:31 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
In bond trading always remember, what goes up must come down...and the bigger your bond book, the bigger the loss/gain.
Business opportunities are like buses,there's always another one coming
The Merchant
#4 Posted : Tuesday, November 09, 2010 5:08:43 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
I think its just a pullback. Good/last chance for a few to board the shuttle. My opinion.
KIRTI
#5 Posted : Tuesday, November 09, 2010 5:15:38 PM
Rank: Member


Joined: 8/17/2010
Posts: 116
Month of November is always down for stock market. DTB is real diamond. They will earn atleast 13 bob for full yrar. At the PE ratio of 14, share price will go up to 182 by April 2011.
ProverB
#6 Posted : Tuesday, November 09, 2010 6:59:38 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
bartum wrote:
for the last few days diamond has had alot of supply( as per rich co.ke) with few trades, price seriously pointing downwards.could this be a pointer of not so rosy Q3


there's talk of closer business ties with jubilee.. DTK turning to insurance products..to increase financial products basket..

CAVEAT.. as i said..there is talk..non confirmed. it pays to walk to your company's HQ and see whats happening..literally.. Nation Centre offices..
..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
VituVingiSana
#7 Posted : Tuesday, November 09, 2010 7:26:42 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,259
Location: Nairobi
Folks are mixing the performance of the share price with the business... You can't expect the share price to go up indefinitely... Will not happen! Especially if the price rise is faster than the growth in profits...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Aguytrying
#8 Posted : Tuesday, November 09, 2010 10:21:44 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Higher highs without coming down to previous lows. This is a chance to get into this share. My honest opinion.
The investor's chief problem - and even his worst enemy - is likely to be himself
guru267
#9 Posted : Wednesday, November 10, 2010 4:15:08 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
The stock has risen 40% since it started rallying so I'm not sure what the complaint is... Investors should start learning to be more patient with stocks because there will always be profit taking along the way....

But that's the problem with a BULL MARKET... euphoria returns to the market and suddenly everyone wants quick money...

As long as one buys fundamentals rather than T.A and speculation you cant go wrong
Mark 12:29
Deuteronomy 4:16
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.