Wazua
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The long bear
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:Any returns this year will be on merit so shed the dogs and stack up the studs. E.A Cables debuts these thoughts on the up-side. More to come.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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The cat bounce is here, we are back people! we are back! The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Yep . Since things look cheap i expect a rally of some sort. Look at uchumi at 10.50 . Or kk at 10.80 Lol.
I wonder where the next ride for a 30% gain will come from.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Centum had touched a low of 20.50! Now at 21 though, with some trades at 22. Aguytrying, but I still don't see the NSE ending up 10%-15% higher as you were saying... GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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When I started this thread in April, I had in mind a general election on August 2012 with two months to settle everybody’s nerves. Now that there is even a possibility of a general election in March 2013, it could be May 2013, before we see anything like NSE normalcy. Perhaps that is why all these IPOs/introductions are happening now because firms are unwilling to wait another 2 years... If you are in profit@ the NSE, you have 3 options. Hold and assume that the dividend (which will increasingly be spaced over a longer period), will compensate some of your unrealised losses. Liquidate and move into the only game in town. Or average down slowly in the hope that come 2014, ceteris paribus, you’ll be all smiles. As I was saying to somebody yesterday, I wish we can fastforward the next 18 months until end of 2012. Sehemu ndio nyumba
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mainat wrote:When I started this thread in April, I had in mind a general election on August 2012 with two months to settle everybody’s nerves. Now that there is even a possibility of a general election in March 2013, it could be May 2013, before we see anything like NSE normalcy.
Perhaps that is why all these IPOs/introductions are happening now because firms are unwilling to wait another 2 years...
If you are in profit@ the NSE, you have 3 options. Hold and assume that the dividend (which will increasingly be spaced over a longer period), will compensate some of your unrealised losses. Liquidate and move into the only game in town. Or average down slowly in the hope that come 2014, ceteris paribus, you’ll be all smiles.
As I was saying to somebody yesterday, I wish we can fastforward the next 18 months until end of 2012.
I was thinking that the excessive NSE oversell would halt at 3600, but now with the US debt downgrade that is an outlier I couldn't factor in - a pole thrown into the spokes!
Indeed those 18 months are going to be a long wait in panic central. Somehow I have a sneaky feeling there will be a snap election! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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Hisah- was hoping for the same but the people who will probably have the 2nd last word on the snap GE are the same ones who can't pay tax bcos they can't afford to. Its in their interest that this parliament sits as long as its legally possible i.e. January 2013. Sehemu ndio nyumba
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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hisah wrote:Mainat wrote:When I started this thread in April, I had in mind a general election on August 2012 with two months to settle everybody’s nerves. Now that there is even a possibility of a general election in March 2013, it could be May 2013, before we see anything like NSE normalcy.
Perhaps that is why all these IPOs/introductions are happening now because firms are unwilling to wait another 2 years...
If you are in profit@ the NSE, you have 3 options. Hold and assume that the dividend (which will increasingly be spaced over a longer period), will compensate some of your unrealised losses. Liquidate and move into the only game in town. Or average down slowly in the hope that come 2014, ceteris paribus, you’ll be all smiles.
As I was saying to somebody yesterday, I wish we can fastforward the next 18 months until end of 2012.
I was thinking that the excessive NSE oversell would halt at 3600, but now with the US debt downgrade that is an outlier I couldn't factor in - a pole thrown into the spokes!
Indeed those 18 months are going to be a long wait in panic central. Somehow I have a sneaky feeling there will be a snap election! how low can we go? man this time the whole world is imploding, 2008 doesnt seem so bad anymore
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Damn there is a melt down... Mambo kwisha, if you have 'growth stocks' in your portifolio, SELL and run for the hills. Life is short. Live passionately.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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sparkly wrote:Damn there is a melt down... Mambo kwisha, if you have 'growth stocks' in your portifolio, SELL and run for the hills. Tell that to a fellow trying to sell 2 million of a stock,with a demand showing of 87 000,all at the days 10% limit.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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kizee1 wrote:hisah wrote:Mainat wrote:When I started this thread in April, I had in mind a general election on August 2012 with two months to settle everybody’s nerves. Now that there is even a possibility of a general election in March 2013, it could be May 2013, before we see anything like NSE normalcy.
Perhaps that is why all these IPOs/introductions are happening now because firms are unwilling to wait another 2 years...
If you are in profit@ the NSE, you have 3 options. Hold and assume that the dividend (which will increasingly be spaced over a longer period), will compensate some of your unrealised losses. Liquidate and move into the only game in town. Or average down slowly in the hope that come 2014, ceteris paribus, you’ll be all smiles.
As I was saying to somebody yesterday, I wish we can fastforward the next 18 months until end of 2012.
I was thinking that the excessive NSE oversell would halt at 3600, but now with the US debt downgrade that is an outlier I couldn't factor in - a pole thrown into the spokes!
Indeed those 18 months are going to be a long wait in panic central. Somehow I have a sneaky feeling there will be a snap election! how low can we go? man this time the whole world is imploding, 2008 doesnt seem so bad anymore When the market goes into a moody fit there's no way to try and call a bottom. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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The bottom is bottom less something like bottomless coke @galitos..all technical indicators have been thrown into s disaray...its started with Activelight...Mystocks...now ATS...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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the deal wrote:The bottom is bottom less something like bottomless coke @galitos..all technical indicators have been thrown into s disaray...its started with Activelight...Mystocks...now ATS... Haha. So true. I just hope some people never got the chance to exit because ActiveLite was down  mystocks have still not updated GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@Deal, youcant - I mentioned it somewhere that it is quite strange Mystocks last updated on Aug 3rd. Can we start a thread on counting the number of times ATS will fail? Also market suspend times or opening for a few hrs or late afternoon trading. Or an outright closure for a day or two to stem off the maniac selling... I wonder how much has NSE lost in the last 5 days... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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sparkly wrote:Damn there is a melt down... Mambo kwisha, if you have 'growth stocks' in your portifolio, SELL and run for the hills. Damn my stop loss order on KCB activated I never thought it would ever go back to 20.5  {|=
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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NSE touched 2300 without much prompting sometime back so the downside is only limited by how soon we can get the GE out of the way. Sehemu ndio nyumba
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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Mainat wrote:NSE touched 2300 without much prompting sometime back so the downside is only limited by how soon we can get the GE out of the way. The fall was from 5200 in Dec 07 to 4800 in Feb 08 after the GE madness,recovered to 5200 in June 08,step in the financial crises and it was one way down to below 2500 in March 09,remember KCB @16,Equity @11,KK @55,Mumias @3.50.?
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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What the f**k is happening. KCB - Over 5% drop, Equity - Over 5% drop. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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hehehehe and @Cde goes into hiding...@Cde you have alot to learn in this market..you thought i was pumping pumping pumping when i was exiting Member...
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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I'm right here Mr. Events manager. We r pals on FB...U r privy to what's running through my head on a daily basis 
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