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Cde Monomotapa
#71 Posted : Tuesday, March 15, 2011 11:34:49 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
KQ iko na wenyewe na mimi si mmoja!!
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ecstacy
#72 Posted : Wednesday, March 16, 2011 10:50:01 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
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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mwanahisa
#73 Posted : Wednesday, March 16, 2011 11:44:48 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
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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mwanahisa
#74 Posted : Wednesday, March 16, 2011 11:51:14 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
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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  | | Edit by user: Wednesday, March 16, 2011 4:29 PM | Reason: Spelling
ecstacy
#75 Posted : Wednesday, March 16, 2011 2:22:20 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
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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VituVingiSana
#76 Posted : Wednesday, March 16, 2011 2:45:30 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
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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mwanahisa
#77 Posted : Wednesday, March 16, 2011 4:06:08 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
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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Cde Monomotapa
#78 Posted : Wednesday, March 16, 2011 7:13:46 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@face value KQ looks like a simple business, but...
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Muthawamunene
#79 Posted : Wednesday, March 16, 2011 10:23:25 PM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
Cde Monomotapa wrote:
@face value KQ looks like a simple business, but...

preach preacher, preach!
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qw25041985
#80 Posted : Wednesday, March 16, 2011 10:45:48 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
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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