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How to tell NSE has bottomed out
youcan'tstopusnow
#441 Posted : Thursday, August 25, 2011 12:51:14 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah, I am loving the Equity Bank drop so far...
GOD BLESS YOUR LIFE
hisah
#442 Posted : Thursday, August 25, 2011 7:45:43 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Is it me seeing almost static aka stale news on the biz daily site. Since last week some news items are on superglue...

Biz news drying up just like thin volumes smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Aguytrying
#443 Posted : Thursday, August 25, 2011 12:48:37 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Ladies and gentlemen, i kid you not.the Nse is on its knees. yesterday the nse closed at 3476. and today going by the red im seeing it will close lower. this is it. Hisah, has been akin to a warrior singing the war cry leading us to battle, or a radio presenter encouraging the masses as the war continues. exciting times these are.
I no longer look at my portfolio, its better that way, time to accumulate. i think if that time hasn't yet come...... its coming soon. See you all on the other side. alluta continua
The investor's chief problem - and even his worst enemy - is likely to be himself
guru267
#444 Posted : Thursday, August 25, 2011 1:03:05 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
This bleeding is too profuse!! Sad
But we will not waver.. Buy until the death my brothers and sisters..

Safcom and the rest now have a dividend yield of 6.5% and more..

The bottom is here or near!!
Mark 12:29
Deuteronomy 4:16
QW25071985
#445 Posted : Thursday, August 25, 2011 1:08:34 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
youcan'tstopusnow wrote:
hisah, I am loving the Equity Bank drop so far...


James Mwangi was very clever to have sold his stake back then . remember this

http://in2eastafrica.net...ceo-defends-stock-sale/

with equity pointing to 15.00 that was a good decision ..
QW25071985
#446 Posted : Thursday, August 25, 2011 1:10:40 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
guru267 wrote:
This bleeding is too profuse!! Sad
But we will not waver.. Buy until the death my brothers and sisters..

Safcom and the rest now have a dividend yield of 6.5% and more..

The bottom is here or near!!


safcom pointing to sub 2.00 mumias pointing to sub 3.00 co-op pointing to sub nine bob...i would be a fool to think that the bottom isnt near , lol
the deal
#447 Posted : Thursday, August 25, 2011 1:21:22 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The Sell off on the NSE is fundamentally driven..the market is forward looking...if banks are no more lending to consumers...the economy gets F'd Up...thanks to the myopic thinking of the central planners...
FUNKY
#448 Posted : Thursday, August 25, 2011 1:21:57 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
The NSE is bleeding RED today...
guru267
#449 Posted : Thursday, August 25, 2011 1:26:40 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
The Sell off on the NSE is fundamentally driven..the market is forward looking...if banks are no more lending to consumers...the economy gets F'd Up...thanks to the myopic thinking of the central planners...



The banks are still lending.. Look at the Half year loan books of most listed banks in kenya.. You will see all this chaos is HOT AIR!!
Mark 12:29
Deuteronomy 4:16
the deal
#450 Posted : Thursday, August 25, 2011 1:38:17 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
guru267 wrote:
the deal wrote:
The Sell off on the NSE is fundamentally driven..the market is forward looking...if banks are no more lending to consumers...the economy gets F'd Up...thanks to the myopic thinking of the central planners...



The banks are still lending.. Look at the Half year loan books of most listed banks in kenya.. You will see all this chaos is HOT AIR!!

1H is long gone...i'm talking of now when interbank rate is 26%!
mlennyma
#451 Posted : Thursday, August 25, 2011 4:45:14 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Clear the way...gari haina breaks.
"Don't let the fear of losing be greater than the excitement of winning."
GGK
#452 Posted : Thursday, August 25, 2011 5:41:34 PM
Rank: Member


Joined: 11/21/2006
Posts: 608
Location: Ruiru
Ngai fafa! If a poor guy like me can loose 100k within a whiff what is happening? Gaddafi may be...
"..I am because we are. "― Ubuntu, Umtu,
QW25071985
#453 Posted : Thursday, August 25, 2011 7:12:49 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
GGK wrote:
Ngai fafa! If a poor guy like me can loose 100k within a whiff what is happening? Gaddafi may be...


you haven't lost until you click the sell button..look at it as buying opportunities
hisah
#454 Posted : Thursday, August 25, 2011 7:50:27 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Ak below 6/- @Qw - That 5.55 order will get filled.

Mpesa sub 3/- by tomorrow. Cheapest bank in the world & still getting cheap smile

KCB below 20/-

NSE @3444. Bargains galore continues with market capitalization now @ 950B well below 1.2T. Volume still anaemic thus creating slide fireworks.

Steel nerves will be required as ulcers central squeezes out weak hands.

A 'tungependa serikali itusaidie' kodak moment...

Speculators are yet to get killed. Stay tuned as the fat tail gets fatter smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
erifloss
#455 Posted : Thursday, August 25, 2011 8:17:14 PM
Rank: Member


Joined: 6/21/2010
Posts: 514
Location: Nairobi
Bleeding till 3200. Can't advise anyone to accumulate at this point coz bargain prices are yet to come. Around 24% lost in the past 6 months, blood on the streets!
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
Cde Monomotapa
#456 Posted : Thursday, August 25, 2011 8:19:21 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
"Look @ how they massacred my boy :'( " ~ The God Father [KCB Group]
Cde Monomotapa
#457 Posted : Thursday, August 25, 2011 8:24:03 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
But KCB @15-16...crack! goes the piggy bank Laughing out loudly
Sober
#458 Posted : Thursday, August 25, 2011 8:51:59 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
I sold my NIC shares at 42 and bought some at 34 thinking that the market had bottomed out.
When the low of 33 was reached i bought more, now the counter is recording 32 region and to be honest, i am confused on what to expect.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Cde Monomotapa
#459 Posted : Thursday, August 25, 2011 9:01:26 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
@sober that's the classic "market bargain turns premium" smile
Muthawamunene
#460 Posted : Thursday, August 25, 2011 9:13:10 PM
Rank: Member


Joined: 1/3/2011
Posts: 264
Location: Nairobi
Cde Monomotapa wrote:
But KCB @15-16...crack! goes the piggy bank Laughing out loudly

can it realy get thea?
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