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How to tell NSE has bottomed out
moneydust
#221 Posted : Tuesday, August 09, 2011 3:16:33 PM
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
Tommy
#222 Posted : Tuesday, August 09, 2011 3:16:42 PM
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
guru267
#223 Posted : Tuesday, August 09, 2011 3:17:34 PM
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!! smile
Mark 12:29
Deuteronomy 4:16
hisah
#224 Posted : Tuesday, August 09, 2011 3:27:05 PM
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... smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
githundi
#225 Posted : Tuesday, August 09, 2011 3:40:22 PM
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
mpanzi
#226 Posted : Tuesday, August 09, 2011 3:51:22 PM
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.
cnn
#227 Posted : Tuesday, August 09, 2011 4:11:24 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
NSE index down to 3518,what kind of prices will 3000 bring?
ecstacy
#228 Posted : Tuesday, August 09, 2011 4:19:19 PM
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 smile, I ain't touching things yet...
hisah
#229 Posted : Tuesday, August 09, 2011 4:33:03 PM
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 smile

@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!
bwenyenye
#230 Posted : Tuesday, August 09, 2011 4:37:34 PM
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
570 Pages«<2122232425>»
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