Wazua
»
Investor
»
Stocks
»
How to tell NSE has bottomed out
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
DTK - Bid placed @101/- Am I seeing right... This thing has fallen thru 125, 115 and now solid support @110. Below 100/- is on the cards. No need to look for a floor here... Oversold, but the fall is solid! Safcom supply 35x... Yikes! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
Is DTBK ex-div or bonus? I am waiting for 2Q Results coz huge Bond Trading gains last year... Overall, very well managed firm... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
NSE closes @3643 down 78 points (2.09%). I still keep my call that if this thing slides below 3600, all the fast trade setups are off the table. I had expected it to bounce at 3680. Big losers today were Unga (9.41%), NIC (8.67%), REA (8%) and Olympia (7.06%). I had put NIC on my buy list, but the breakdown from 37s to the 34s is just crazy... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Posted : Wednesday, July 13, 2011 7:06:59 PM youcan'tstopusnow wrote:hisah wrote:youcan'tstopusnow wrote:But market is still going down no matter how much ANYONE makes Yes, coz Mr. Market is being distracted by interest rate hikes and a bullish inflation period. Therefore he can't see profits or strong performance at this time. In the meantime the buyers have Mr. Market's ear... hisah wrote:youcan'tstopusnow wrote:Sober, this fall is just a breeze, gale bado... 3600 then 3000. Still scouting for bluechips to buy esp at pain central when 3000 handle is hit. High interest rate & inflation have made 4400 a distant barrier. 3000 will come when the elephant aka scom trades at 3/- or below & equity below 20. Then it will be a proper bias sell market for the buyers  Does more need to be said? Walio na maskio... GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
hisah, that drop today was just HUGE! GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
youcan'tstopusnow wrote:hisah, that drop today was just HUGE! I dont think so?! After seeing the Euro & US markets tank more than 5%, and today Asia playing copycat, dont be shocked to see NSE 3 - 4% down today!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
I cant believe how low the n.s.e is going. And the prices i am seeing. And i am thinking. What if this is it? What if this is the lowest they will go? Surely they cant go any lower, can they? I am afraid of the answer. It was expected, so lets brace ourselves. The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
|
My usually resilient portfolio has taken a hit. Damn!
|
|
|
Rank: Member You have been a member since:: 7/12/2011 Posts: 194
|
Aguytrying wrote:I cant believe how low the n.s.e is going. And the prices i am seeing. And i am thinking. What if this is it? What if this is the lowest they will go? Surely they cant go any lower, can they? I am afraid of the answer. It was expected, so lets brace ourselves. Unlikely now that the market will end up higher for the full yer
|
|
|
Rank: Member Joined: 7/5/2008 Posts: 390
|
The Merchant wrote:My usually resilient portfolio has taken a hit. Damn! the Lion?
|
|
|
Rank: Member You have been a member since:: 7/12/2011 Posts: 194
|
Blessed are those who sold, for the kingdom of...
|
|
|
Rank: Member You have been a member since:: 7/12/2011 Posts: 194
|
Damn defensive stocks, you need illiquid stocks in this market. Look at the Alternative Investment Market Segment
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
[quote=the deal]Egypt suspends trading after shares slump by 5% http://af.reuters.com/ar...s/idAFJOE77805L20110809[/quote] Will Peter Mwangi do the same if Market goes down 5%? GOD BLESS YOUR LIFE
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
VituVingiSana wrote:Is DTBK ex-div or bonus?
I am waiting for 2Q Results coz huge Bond Trading gains last year...
Overall, very well managed firm... Its ex all.. The 20% profit growth is superb considering that the bond trading income is non existent this year!! Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
|
kenyainvestor wrote:Blessed are those who sold, for the kingdom of... 
|
|
|
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
|
KQ at 30/= now i think NSE needs to go mathari mental
|
|
|
Rank: Veteran Joined: 11/19/2010 Posts: 1,308 Location: nairobi metropolitan
|
Muthawamunene wrote:kenyainvestor wrote:Blessed are those who sold, for the kingdom of... The market has literaly crashed, say bei ya jioni, whoever has cash can buy at his/her price. It's a buyers market. What can you say when; equity is @ 20, kcb @ 20, hfck @ 17, kplc @ 16 etal? Democracy does not belong to the dead
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
The Aga Khan firms are weathering this storm better than others.. Probably due to their earnings quality!! Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
|
I have never contributed to this thread bcoz its impossible to know when its safe .... just last week i thought it will be impossible to get Equity kcb HFCK below 20/= now I think it possible even to get them below 15/=. Welcome to the other side of irrational exuberance. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
|
|
|
Wazua
»
Investor
»
Stocks
»
How to tell NSE has bottomed out
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.
|