Wazua
»
Investor
»
Stocks
»
How to tell NSE has bottomed out
Rank: Member Joined: 1/31/2007 Posts: 304
|
guru267 wrote:The Aga Khan firms are weathering this storm better than others.. Probably due to their earnings quality!! Me thinks its more of shareholder quality
|
|
|
Rank: Veteran Joined: 12/9/2010 Posts: 894 Location: Nairobi
|
In short and to cut a long story short, I have never seen such a financial Tsunami Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
Tommy wrote:In short and to cut a long story short, I have never seen such a financial Tsunami You aint seen nothing yet!!  Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
selah wrote: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. I like that term irrational... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 11/19/2010 Posts: 1,308 Location: nairobi metropolitan
|
guru267 wrote:The Aga Khan firms are weathering this storm better than others.. Probably due to their earnings quality!! Not really, look at Dtb; recently at about 150 now at 100. Means a paper loss of a 1/3 of it's value. Democracy does not belong to the dead
|
|
|
Rank: New-farer Joined: 1/6/2010 Posts: 26
|
No,
Bargain!! Get them all good performers on the cheap. Nothing wrong with their fundamentals. Certainly buying. Increasing holdings.
|
|
|
Rank: Veteran Joined: 6/17/2009 Posts: 1,619
|
NSE index down to 3518,what kind of prices will 3000 bring?
|
|
|
Rank: Elder Joined: 2/26/2008 Posts: 4,449
|
With a 2012-13 election being my transition point, based on pure gut feeling..until we hit this range HFCK 13/=, KCB 15/=, EB 14/=, DTB 90/=, SCOM 2.50/=, KQ 20-24/=, I even won't talk of Mumias , I ain't touching things yet...
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
@cnn - I'm looking at that NSE print and my jaw has hit the floor! That is a massive 127pts and 3.48% drawdown! And with 3600 giving way with a thud, all the fast trade setups are cancelled! I will keep tabs on cheap bluechips as the haircuts continue as per the list I gave. The panic selloff is leading to dreamland price disconnects aka fat tails. I like this very much for when the bull returns in the future a lot of millionaires will be made @youcant - that is what I meant when I said NSE will flip down today between 3 - 4%. When I started this thread I said if another round of GFC shows up, wait for the US Fed bank signal of printing money to oblivion. Since the US rating downgrade is such an outlier, I expect this to be a global coordinated affair. This will be the signal. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 5/24/2007 Posts: 1,805
|
Things are not good. The USD will hit 100 even 105 and the NSE index will hit sub 3000. So wacheni haraka. There are good bargains coming. I Think Therefore I Am
|
|
|
Rank: Veteran Joined: 11/21/2006 Posts: 1,590
|
I can see the temptation among some of us to catch a falling knife is very high. Endelea tu. Sehemu ndio nyumba
|
|
|
Rank: Member Joined: 7/22/2008 Posts: 851 Location: nairobi
|
e he he he..........have been praying for a moment like this.........market will remain lucluster for the next hree years........
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Forgot to mention that the NSE is now officially in bear market kingdom whether measured from the Oct 2010 high or the Jan 2011 high... Cash is now king... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 4/14/2011 Posts: 639
|
ecstacy wrote:With a 2012-13 election being my transition point, based on pure gut feeling..until we hit this range HFCK 13/=, KCB 15/=, EB 14/=, DTB 90/=, SCOM 2.50/=, KQ 20-24/=, I even won't talk of Mumias , I ain't touching things yet... I Concur with you on al the counters except SAF 2sh. Is more like it.Am waiting
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
hisah wrote:@cnn - I'm looking at that NSE print and my jaw has hit the floor! That is a massive 127pts and 3.48% drawdown! And with 3600 giving way with a thud, all the fast trade setups are cancelled! I will keep tabs on cheap bluechips as the haircuts continue as per the list I gave. The panic selloff is leading to dreamland price disconnects aka fat tails. I like this very much for when the bull returns in the future a lot of millionaires will be made @youcant - that is what I meant when I said NSE will flip down today between 3 - 4%. When I started this thread I said if another round of GFC shows up, wait for the US Fed bank signal of printing money to oblivion. Since the US rating downgrade is such an outlier, I expect this to be a global coordinated affair. This will be the signal. Just to get, you straight, The global banks will start printing money like mad? Lets see what the fed reserve says today, it will shape the markets. The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Veteran Joined: 3/25/2011 Posts: 946
|
Hunderwear wrote:ecstacy wrote:With a 2012-13 election being my transition point, based on pure gut feeling..until we hit this range HFCK 13/=, KCB 15/=, EB 14/=, DTB 90/=, SCOM 2.50/=, KQ 20-24/=, I even won't talk of Mumias , I ain't touching things yet... I Concur with you on al the counters except SAF 2sh. Is more like it.Am waiting @ecstacy. Wow. Kcb below rights price ? I'll sell a kidney to buy below that price. I also agree on safcom at sub 2 bob. Huge huge huge supply
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Sometimes i wish tomorrow doesnt come,the beating is severe and merciless. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Aguytrying wrote:hisah wrote:@cnn - I'm looking at that NSE print and my jaw has hit the floor! That is a massive 127pts and 3.48% drawdown! And with 3600 giving way with a thud, all the fast trade setups are cancelled! I will keep tabs on cheap bluechips as the haircuts continue as per the list I gave. The panic selloff is leading to dreamland price disconnects aka fat tails. I like this very much for when the bull returns in the future a lot of millionaires will be made @youcant - that is what I meant when I said NSE will flip down today between 3 - 4%. When I started this thread I said if another round of GFC shows up, wait for the US Fed bank signal of printing money to oblivion. Since the US rating downgrade is such an outlier, I expect this to be a global coordinated affair. This will be the signal. Just to get, you straight, The global banks will start printing money like mad? Lets see what the fed reserve says today, it will shape the markets. I had stated on the forex thread that today's FOMC event will just be air. And that is what it was. For the printers to be put on Mach 10 money printing spree, more pain is need!? A world is ending like mood is the key. We are at the shock & awe stage, bado mambo 
Keep your cash.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 7/12/2011 Posts: 194
|
The Top 4 gainers of the day: Average Price Change (%) BOC 108.00 +2.86 REA 14.00 +1.45 CABL 12.20 +1.24 BAT 258.00 +1.18 Yes, there were only 4 gainers today in the whole market
|
|
|
Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
|
the fed'z promise of low interest rates till 2013 seems to have calmed the chaps uko majuu. dow n s&p on the green. will our dear nse follow suit? (for my n many other's selfish reasons, i hope not)
|
|
|
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.
|