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Time to enter KQ?
Rank: Veteran Joined: 8/16/2009 Posts: 994
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Any price below 30 might force the mgt to go for debt instead of rights. This is because they will be forced to issue a higher number of rights leading to more than expected dillution. 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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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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THE HISTORY OF THE KENYAN SHILLING. A must Look !! http://www.forexpros.com/currencies/usd-kes
look @ the historical chart...WOW .... Your future depends on your dreams so go to sleep !
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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Is this now officially 'a bus'?
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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ecstacy wrote:Is this now officially 'a bus'? By the time, a stock is "officially" declared a bus on Wazua, it has long since left the station and it's probably approaching its destination. The best time to buy KQ was when a huge quantity exchanged hands at 35, signalling a price floor. Unfortunately, I was not watching the ticker that day and I had to scramble after the departing bus but could only manage to get on at 36-36.50, and even then not as many as I would have wished. I hope the bus keeps on going as I will want to exit these as soon as they clear!
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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ecstacy wrote:Is this now officially 'a bus'? I don't think you can call this a bus. Maybe a parked car at best. 
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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This is a bus going round the bus stage trying to lure pax to board. Its not yet going anywhere! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Ever since i started following this share on a daily basis, since mid last yr. I've never seen it gain 5 % in a day, thats gotta mean something The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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all i want is to break even. then i will never board that plane again.
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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Muthawamunene wrote:all i want is to break even. then i will never board that plane again. the question you shld be asking yourself is have the reasons why you got into KQ in the first place changed...if not why shld you bail out and in the process had your money do nothing. if they have have you shld have bailed out long long long long time ago. i have average of 42.00 on this stock. Your future depends on your dreams so go to sleep !
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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mwanahisa wrote:ecstacy wrote:Is this now officially 'a bus'? By the time, a stock is "officially" declared a bus on Wazua, it has long since left the station and it's probably approaching its destination. The best time to buy KQ was when a huge quantity exchanged hands at 35, signalling a price floor. Unfortunately, I was not watching the ticker that day and I had to scramble after the departing bus but could only manage to get on at 36-36.50, and even then not as many as I would have wished. I hope the bus keeps on going as I will want to exit these as soon as they clear! you seem to know some technical analysis.so what else can you tell us on KQ . and what do you think of Mumias .has it found a price floor also. Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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KQ iko na wenyewe na mimi si mmoja!!
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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Anyone with market viewer for the current actual demand vs supply figures? as at this time of writing richlive is showing interesting demand at 172,100 with supply at 4,800. At what prices though?...
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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ecstacy wrote:Anyone with market viewer for the current actual demand vs supply figures? as at this time of writing richlive is showing interesting demand at 172,100 with supply at 4,800. At what prices though?... At 1040 hrs, I am seeing Total Demand of 173,300 against Total Supply of 77,700 with BEST BID of 500 shares at 38.50 and LOWEST ASK of 8,400 shares at 39. Supply does indeed seem to be coming in and i expect a cooling off/stabilization in this counter at the 38-40 level.
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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qw25041985 wrote:
you seem to know some technical analysis.so what else can you tell us on KQ . and what do you think of Mumias .has it found a price floor also.
@QW, As I have stated elsewhere I am not skilled in TA. This is pure intuition, perhaps borne out of watching the markets for a while. For KQ, for me the elephant in the room is the possibility of a rights issue which in the short run can only be negative for the stock. I do not however expect any announcement regarding this until after the release of the March 2011 results. As for MSC, the answer to your question is YES, barring a general market selloff, I do not expect MSC to go below its recent low of 7. A new trading range between 7.50 - 8 seems to have been set, in the last few days.
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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mwanahisa wrote:ecstacy wrote:Anyone with market viewer for the current actual demand vs supply figures? as at this time of writing richlive is showing interesting demand at 172,100 with supply at 4,800. At what prices though?... At 1040 hrs, I am seeing Total Demand of 173,300 against Total Supply of 77,700 with BEST BID of 500 shares at 38.50 and LOWEST ASK of 8,400 shares at 39. Supply does indeed seem to be coming in and i expect a cooling off/stabilization in this counter at the 38-40 level. Thanks dude. I concur. Got some at this price range. Packing in for now.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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KQ's Rights Issue - if any - will be small in comparison. The major Capital Raising will have to be a Bond since KQ needs the cash in tranches to pay deposits for the new 787s... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Impunity wrote:This is a bus going round the bus stage trying to lure pax to board.
Its not yet going anywhere! It looks like you were right on this. Price has come off yesterday's highs of Kshs 40. Closing bids were at 37 while the last trades were at 38. It appears there is a lot of caution by buyers raegarding this counter.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@face value KQ looks like a simple business, but...
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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Cde Monomotapa wrote:@face value KQ looks like a simple business, but... preach preacher, preach!
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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mwanahisa wrote:Impunity wrote:This is a bus going round the bus stage trying to lure pax to board.
Its not yet going anywhere! It looks like you were right on this. Price has come off yesterday's highs of Kshs 40. Closing bids were at 37 while the last trades were at 38. It appears there is a lot of caution by buyers raegarding this counter. all this means is that 34.00 - 35.00 level has held as a nice support and that its now safe to enter as you please ans at your own convenience. Your future depends on your dreams so go to sleep !
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