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How to tell NSE has bottomed out
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Sufficiently Philanga....thropic wrote:the deal wrote:Once again no critical thinking here...Look beyond that low PE..in fact PE is nothing....in a spun of 1 week we have had two profit warnings...do u think it will stop there...that PE of 8 will become 12...and you will be left holding a monkey... Soo true, while gradual accumulation may not be a bad idea, i think you stand to sleep more, and make more in the next 6 months, or even an year on 91 day T/bills. The rates are really looking juicy as the govt's appetite increases by the day! The mkt might be flat for a while, yet life has to move on! i would whole heartedly accumulate safcom,Equity and access kenya, co-op without even blinking an eye...
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Bluechips going for crazy prices? How about KPLC at 16.50!!!! The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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The huge volumes traded at Equity continues today with 7.1 million shares traded. Equity has moved 28.6 million shares in the past week GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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I have offered myself a sacrifice to die in stocks,its a hard decision but i will put all my savings there until 2014.i have bought enough kengen and kcb now am waiting for equity at 15,kk at 9,kplc at 15 ,scan at 30,nic at 25 and centum at 13 and i close the chapter. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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The market is back up past the 3300 mark. TransCentury continues its bounce. Up 32% since last week Monday GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:The huge volumes traded at Equity continues today with 7.1 million shares traded. Equity has moved 28.6 million shares in the past week there's something cooking here. Smart money getting in? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Aguytrying wrote:youcan'tstopusnow wrote:The huge volumes traded at Equity continues today with 7.1 million shares traded. Equity has moved 28.6 million shares in the past week there's something cooking here. Smart money getting in? i said it sometime ago that 17.00 is a very important price .HUGE volumes have been exchanged at that price. the stock is just creating a floor and 20 bob is in sight....
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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I've been watching those volume games on equity, kcb, coop & eabl. Silently they're being done with no price movement... Mpesa too has a guardrail @2.90, refusing to break below. Could it be NSSF funds... The conspiracy  Interesting to see tranny on a vapour volume meltup from 25 to 33... Agri stocks... watch them, some interesting behaviour... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Iam also wondering on this crazy volume no price blink theory in some counters and even in the live bids and asks they appear like hidden orders. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 1/8/2011 Posts: 48 Location: muranga
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just tired waiting at sidelines for this market to drop further.I had to start buying kcb yesterday but in small amount as my crystal ball says NSE will be rebounding north soon.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah, stocksmaster, at the moment, the top 3 gainers are all agriculturals. Equity Rwanda beckons any time now... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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QW25081985 wrote:Aguytrying wrote:youcan'tstopusnow wrote:The huge volumes traded at Equity continues today with 7.1 million shares traded. Equity has moved 28.6 million shares in the past week there's something cooking here. Smart money getting in? i said it sometime ago that 17.00 is a very important price .HUGE volumes have been exchanged at that price. the stock is just creating a floor and 20 bob is in sight.... I'll tell you without blinking an eye that in the banking sector, Equity is the 1st among equals. And yes, welcome to the season of goodies which will start in Dec through Feb. In these 3 months, smart money will have gone in and sneaked out of the market and into campaigns. As @Hisah, would say, watch the PPT's actions and ride the waves, wear the money goggles and make sure you're not left holding monkeys! @SufficientlyP
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Sufficiently Philanga....thropic wrote:QW25081985 wrote:Aguytrying wrote:youcan'tstopusnow wrote:The huge volumes traded at Equity continues today with 7.1 million shares traded. Equity has moved 28.6 million shares in the past week there's something cooking here. Smart money getting in? i said it sometime ago that 17.00 is a very important price .HUGE volumes have been exchanged at that price. the stock is just creating a floor and 20 bob is in sight.... I'll tell you without blinking an eye that in the banking sector, Equity is the 1st among equals. And yes, welcome to the season of goodies which will start in Dec through Feb. In these 3 months, smart money will have gone in and sneaked out of the market and into campaigns. As @Hisah, would say, watch the PPT's actions and ride the waves, wear the money goggles and make sure you're not left holding monkeys! Where there is smoke there is fire. As Hisah has pointed out, i also noticed heavy volumes on saf, and it has kept it above 2.90. just notice how heavy demand has been coming in at those levels and propping it back to above three. equity the same, alot of mopping up at 17.00, then they relax wait, rinse and repeat...... @SPT, as good advice as any. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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NSE 20-share index shed 15.44 points (down 0.47%) to close at 3,290.90 points Equity turnover: KES 108.04 M After a few days of marginal gains, the index was on the losing side today. @You cant. your welcome The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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The biggest slavery iam finding myself is monitoring this market.i asked for it. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Aguytrying wrote:Sufficiently Philanga....thropic wrote:QW25081985 wrote:Aguytrying wrote:youcan'tstopusnow wrote:The huge volumes traded at Equity continues today with 7.1 million shares traded. Equity has moved 28.6 million shares in the past week there's something cooking here. Smart money getting in? i said it sometime ago that 17.00 is a very important price .HUGE volumes have been exchanged at that price. the stock is just creating a floor and 20 bob is in sight.... I'll tell you without blinking an eye that in the banking sector, Equity is the 1st among equals. And yes, welcome to the season of goodies which will start in Dec through Feb. In these 3 months, smart money will have gone in and sneaked out of the market and into campaigns. As @Hisah, would say, watch the PPT's actions and ride the waves, wear the money goggles and make sure you're not left holding monkeys! Where there is smoke there is fire. As Hisah has pointed out, i also noticed heavy volumes on saf, and it has kept it above 2.90. just notice how heavy demand has been coming in at those levels and propping it back to above three. equity the same, alot of mopping up at 17.00, then they relax wait, rinse and repeat...... @SPT, as good advice as any. In the recent past, smart money has been exiting Equity Bank en masse. This has depreciated the price to the current levels. Be very cautious when playing this counter bcoz there is a probability that the smart money is still in the selling side
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Agri stocks... vipingo has been seeing volume... On October 28 2008 KCB closed @14.05... October 28 2011 = ... KCB looks set to test March 2009 low @12.60... @cde - did this titanic hit an invisible iceberg... @deal - look at the elliot wave from the high of 26 on June 8 2011 to date - check out the cliff-fall... AK - below 5. EABL - new 2011 lows @152... Total - the RSI indicator has been in oversold territory since Jan 2011?! Such selling extremes will see a sharp reversal on rebound. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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hisah wrote:Agri stocks... vipingo has been seeing volume...
On October 28 2008 KCB closed @14.05... October 28 2011 = ...
KCB looks set to test March 2009 low @12.60... @cde - did this titanic hit an invisible iceberg...
@deal - look at the elliot wave from the high of 26 on June 8 2011 to date - check out the cliff-fall...
AK - below 5.
EABL - new 2011 lows @152...
Total - the RSI indicator has been in oversold territory since Jan 2011?! Such selling extremes will see a sharp reversal on rebound. Agriculturals - I wouldn't buy. Everyone is buying, returns going fwd will be minimal esp if dollar falls. Eabl- still comsider it expensive in current market. I expect it to hit 115 in a very brief window. Kcb- so cheap, buy in bits. AK- risk takers will make money. Fwd PE around 8.3? Total - chevron was a poisoned chalice Life is short. Live passionately.
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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wow ! kcb must be going to 12 bob support ...for ak anything below 5.30 is a buy as far as i am concerned...
equity and co-op holding so well a floor must be in place ...
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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sparkly wrote:Agriculturals - I wouldn't buy. Everyone is buying, returns going fwd will be minimal esp if dollar falls. @sparkly last years earnings for tea companies were based on lower tea prices and a USD/Kshs of 85... In this current scenario I do not see the rate going anywhere near that level any time soon... and as for tea prices they will not stop rising for the forseeable future.. So profits for these babies are going to be insane.. The old perception of some of these agricultural companies should be withdrawn as I believe they have learnt from past mistakes.. eg now they are using dams, and. they got HUGE cash reserves.. I project a full year EPS of 120 on williamson tea and im still observing the others... Mark 12:29
Deuteronomy 4:16
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