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Why the NSE Index is taking a continuous tumble
Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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Actually on the contrary.  ..follow DTK,Coop,Equity,KCB and centum since November 2010.. i'm good. real GOOD! ..just idle..nothing to do..slump entrenching even as results get released..nothing much worth doing.. NSE IPO my next big thing ... though KQ at lower pricing gets so tempting day after day.. ..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: Veteran Joined: 3/16/2009 Posts: 1,464
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ProverB wrote:There being no further business,.. worth doing or commenting on regarding stocks.. ..i log off and have quit the market till May! Be well people. I feel you.Bye! 
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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It wont be long before the Financials make the turnaround.Yes there are issues in the middle East n locally, but issues will always be there, and for me, they present good buying opportunities! The ratios look soo impressive, cant wait for KCB,DTK to touch PEs of 8,a price of 19.45 for KCB a tall order, but still looks attractive even at the current valuations. I hope to tighten my belt for the next one and a half years, so i can have some few coins every month till we go to the box, for investing. Then after i cast my vote, i can very well proceed down South for my vacation! This is not the time to regea regea but to work hard and invest more! These opportunities dont come every day! @SufficientlyP
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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Rank: Elder Joined: 6/19/2008 Posts: 4,268
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Pierce wrote:ProverB wrote:There being no further business,.. worth doing or commenting on regarding stocks.. ..i log off and have quit the market till May! Be well people. I feel you.Bye! hehehehehehe... Jammo... dont change names after exile... we know when it comes to NSE, you aint going nowhere! but all the same, see you around.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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The nse is like cancer,its really hard to get out or even fail to login. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
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mufasa wrote:@mwanahisa: good insights. I agree with you that one must do there own personal research in addition to what is in wazua. although I must say that most contributors in wazua do have pretty good insights in some cases.
having said that, i dont understand what you see in EA cables, this is the 2nd yr running that they are experiencing losses. maybe even 3rd am not sure. And KCB.... full of good propects you'd think the stock will soon sky rocket, but i highly doubt it will pass the KSh. 25/= by close of the yr. and even that 25/= could be overatted. They have good profits, biggest percentage in the property mkt, expanding branches etc. on the other hand though KCB is not properly managed hence the poor performance in its stock price Really? I thought it was just a profit dip? I think they are doing rather well. They say the dip in profits was caused by losses in the new TZ market. Turnover grew from 2.8b in 2009 to 3.6b in 2010... thats almost 30%. The market for their product is robust and wide / regional. My opinion is that the only short term risk they face is metal prices (aluminium + copper). Their overheads also seem high... other than that i think its a buy. "I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
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Rank: Member Joined: 4/15/2008 Posts: 202
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Genghis Khan wrote: I thought it was just a profit dip? I think they are doing rather well.
They say the dip in profits was caused by losses in the new TZ market.
Turnover grew from 2.8b in 2009 to 3.6b in 2010... thats almost 30%.
The market for their product is robust and wide / regional.
My opinion is that the only short term risk they face is metal prices (aluminium + copper). Their overheads also seem high... other than that i think its a buy. My Bad Khan, its hard sometime to differentiate between a dip and a loss coz most of the time effect of the two is the same on the share price in the mkt. Nevertheless, they seem to be genuinely trying to turn things round. In the long term I would go for it, but not short term (too many variables preventing the stock from rising ) Do it today! Tomorrow is promise to no-one.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Yawn... the only thing that worries me is political stability... If we go to war in 2012... even the BEST Kenyan firm is in big trouble! - DTBK, Equity, NIC all have foreign operations but they are all regional & will be affected by problems in Kenya. Also Kenya remains the largest profit center - KenolKobil has diversified out of Kenya. Smart move but Kenya remains the Operations Center + Mombasa Port supplies Uganda. KK has a huge Kenya operation as well - KQ can fly its planes out in 2012 but the hangars, HQ & operations remain in Kenya. They need a 2nd hub that decreases their reliance on Kenya. - Tea firms export almost 100% of the produce but how do you harvest, process & transport the tea to the ports/airports? So I am confident that the share prices will rise to match the profits of most firms... but if 2012 means a civil war... we are screwed. Completely. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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mlennyma wrote:The nse is like cancer,its really hard to get out or even fail to login. I would say it's impossible not to login here. Unless the net crashes! The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
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VituVingiSana wrote:Yawn... the only thing that worries me is political stability... If we go to war in 2012... even the BEST Kenyan firm is in big trouble!
- DTBK, Equity, NIC all have foreign operations but they are all regional & will be affected by problems in Kenya. Also Kenya remains the largest profit center
- KenolKobil has diversified out of Kenya. Smart move but Kenya remains the Operations Center + Mombasa Port supplies Uganda. KK has a huge Kenya operation as well
- KQ can fly its planes out in 2012 but the hangars, HQ & operations remain in Kenya. They need a 2nd hub that decreases their reliance on Kenya.
- Tea firms export almost 100% of the produce but how do you harvest, process & transport the tea to the ports/airports?
So I am confident that the share prices will rise to match the profits of most firms... but if 2012 means a civil war... we are screwed. Completely. Then you have little to worry about Lessons were learnt last time, I doubt violence will break out any time soon... violence is usually politically instigated and this Hague thing has our politicians rattled (thank God)... they wouldn't dare rock the boat again... thats my opinion. "I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
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Rank: Member Joined: 1/31/2007 Posts: 303
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This plunge in prices at the NSE is really weird...it reminds me of 2008/09 when blue chip shares were going for a song ie eabl@99 KPLC @110 etc
My gut feeling tells me foreign investors are behind this just as was the case then.
Could it be because of the foreign exchange rate or turmoil in arab countries????
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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MARKET IS CRASHING! GOD BLESS YOUR LIFE
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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@youcantstopusnow come slow. we're far from crushing. Its jus some panicy buggers bailing out(most probably kina wanjiku who buy stock like skuma wiki) THe volumes surpport my case, how can 100 shares bring kengen to 12.75 ?
But hope they go on, i will be happy to relieve them off their ''burdenous'' holdings at rock bottom prices.
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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NSE tumbles to level it was on 12th March 2011, an year ago! At 4028, will it slide sub 4000 points kesho? Lets wait and see! BTW, Equity's fall by 3.85% in a day, was to me today's Financial segment shocker!It traded serious vols at 24.50! @SufficientlyP
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:MARKET IS CRASHING! Tihihi...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Muthawamunene wrote:@youcantstopusnow come slow. we're far from crushing. Its jus some panicy buggers bailing out(most probably kina wanjiku who buy stock like skuma wiki) THe volumes surpport my case, how can 100 shares bring kengen to 12.75 ?
But hope they go on, i will be happy to relieve them off their ''burdenous'' holdings at rock bottom prices. The financials traded good volumes GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sufficiently Philanga....thropic wrote:NSE tumbles to level it was on 12th March 2011, an year ago!
At 4028, will it slide sub 4000 points kesho?
Lets wait and see!
BTW, Equity's fall by 3.85% in a day, was to me today's Financial segment shocker!It traded serious vols at 24.50! That 3900 - 4000 support level had better hold as I stated some few weeks back. From 3600 - 4000 the market rallied in a parabolic. If the support fails, 3600 is where it lands and that means more losses for blue chips. In a contrarian view, that is more blue chips bargains... Even if the NSE lands at 3000 it is not dooms day since the fundamentals are far much better than 2008 (PEV and Credit crunch) and 2009 (drought).
However, if the global markets experience another credit crunch (especially due to national debt defaults), the effects will not be rosy... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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A cyclic dance
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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ProverB wrote:Actually on the contrary. ..follow DTK,Coop,Equity,KCB and centum since November 2010.. i'm good. real GOOD! ..just idle..nothing to do..slump entrenching even as results get released..nothing much worth doing.. NSE IPO my next big thing ... though KQ at lower pricing gets so tempting day after day.. Without vision, people perish.. The two men are taking us to realms unknown 
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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