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How to tell NSE has bottomed out
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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King G wrote:guru267 wrote:mlennyma wrote:Index hits 16 month high with nothing much to celebrate on.. Sad to hear that as we made money some people were hiding in cocoons  just off the top of my head in 2012 1. safcom 2.8bob-4.10bob (46%) 2. equity 16bob-23bob (44%) 3. KCB 16bob-28bob (75%) 4. EABL 170bob-240bob (41%) 5. KK 9.9bob-14bob (41%) 6. Kenya re 5.83bob-12bob (105% including bonus) 7. etc etc etc etc... Where have you been? ama you are in losing counters?? But @guru there are aslo dips and suffering in the likes of HFCK, ICDC, AK,Coop NBK et all. it has not been rosy all the way @KingG - how could you forget flight KQ sub rights and the worst performer at the NSE this year.$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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King G wrote:guru267 wrote:mlennyma wrote:Index hits 16 month high with nothing much to celebrate on.. Sad to hear that as we made money some people were hiding in cocoons just off the top of my head in 2012 1. safcom 2.8bob-4.10bob (46%) 2. equity 16bob-23bob (44%) 3. KCB 16bob-28bob (75%) 4. EABL 170bob-240bob (41%) 5. KK 9.9bob-14bob (41%) 6. Kenya re 5.83bob-12bob (105% including bonus) 7. etc etc etc etc... Where have you been? ama you are in losing counters?? But @guru there are aslo dips and suffering in the likes of HFCK, ICDC, AK,Coop NBK et all. it has not been rosy all the way HF and Centum will have their day and i am taking positions at current levels. for the others, you cant be too sure. Life is short. Live passionately.
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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sparkly wrote:King G wrote:guru267 wrote:mlennyma wrote:Index hits 16 month high with nothing much to celebrate on.. Sad to hear that as we made money some people were hiding in cocoons just off the top of my head in 2012 1. safcom 2.8bob-4.10bob (46%) 2. equity 16bob-23bob (44%) 3. KCB 16bob-28bob (75%) 4. EABL 170bob-240bob (41%) 5. KK 9.9bob-14bob (41%) 6. Kenya re 5.83bob-12bob (105% including bonus) 7. etc etc etc etc... Where have you been? ama you are in losing counters?? But @guru there are aslo dips and suffering in the likes of HFCK, ICDC, AK,Coop NBK et all. it has not been rosy all the way HF and Centum will have their day and i am taking positions at current levels. for the others, you cant be too sure. I am also taking position in centum at prices below 12 after going through management AGM presentation. I think's grossly undervalued
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Rank: Member Joined: 3/26/2012 Posts: 830
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I wouldnt touch centum even with a nine foot pole...a company that does not give dividends....and remember everyone hates Chris...rem what he did to uchumi...he has done it before and will do it again....with Centum. I dont see any sense when net profit declines yet they retain the cash(that should be given as dividends) to expand the business...it means someone is pocketting the cash or otherwise. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Turnover rose to KSh.383M from the previous day’s KSh.222M, the number of shares traded stood at 16M against 10M posted yesterday.
The NSE 20 Share Index was up 2.92 points to stand at 4032.41 points.
All Share Index (NASI) up 0.13 points to stand at 88.02.
FTSE NSE Kenya 15 Index was up 0. 27 points to stand at 116.92.
FTSE NSE Kenya 25 Index was up 0.21 points to stand at 119.63
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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CMA appoints team to guide Kenya financial hub plan - http://www.businessdaily.../-/q8351mz/-/index.html
Let the games begin  More hot money flood coming up if the team succeeds to put up a solid case. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/4/2009 Posts: 10,790 Location: NAIROBI
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I agree centum is a dead dodo company. james Mworia and Chris have wasted the money Peter Mwangi left the company with. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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The SA market is also on a roll. South Africa's benchmark stock index closed above 33,000 for the first time in its 17-year history on Wednesday, booking a record close for the third straight day as investors piled into oversold mining firms such as Anglo American. http://af.reuters.com/ar...s/idAFJOE89G02N20121017
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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We have been in a Bull Market as has most of Africa throughout 2012 and I expect any Corrections to remain shallow and short lived as They have been all Year. If we can get the Election off with a semblance of Decorum and Efficacy next Year, this Bull Market will have Lift Off. Rich
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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EABL and BAT volume spikes since Sept...! This is hot money as per the turnover amounts. As for the banks, KCB takes the crown for March, April, May, Sept and Oct. Most likely huge spike will come up in Nov as Q3 results come in. Mpesa bank huge spikes were in Feb, May and Sept. In Nov we will see huge spike again as H1 results are published. I'm also watching KQ to see its reaction once H1 results are published in Nov. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Do the FTSE kenya indices have a role to play in this NSE run from last year. the top five in the two indices are among the most heavily traded shares and the ones that have made the most gains. (i know the criteria in the indices involves liquidity, but still!) The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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Aguytrying wrote:Do the FTSE kenya indices have a role to play in this NSE run from last year. the top five in the two indices are among the most heavily traded shares and the ones that have made the most gains. (i know the criteria in the indices involves liquidity, but still!) I also had a hunch that this was the case. The harder you work, the luckier you get
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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hisah wrote: Mpesa bank huge spikes were in Feb, May and Sept. In Nov we will see huge spike again as H1 results are published. So, the results will be positive, mmh? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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dunkang wrote:hisah wrote: Mpesa bank huge spikes were in Feb, May and Sept. In Nov we will see huge spike again as H1 results are published. So, the results will be positive, mmh? Yes they will. Obviously h1 2011 was thoroughly shaved by inflation, USDKES rally and the lull effects post 2010 price war as well as MNP hype. So H1 2012 will likely be double H1 2011 if the momentum of H2 2011 was maintained. Also from the sob stories coming from Orange, Airtel and Yu about their bad cashflow status as well as MTR now ditched, I don't see why revenues should be down. I'd be surprised if the H1 2012 results show a dip in revenue and profitability compared to H2 2011.
The only risk barriers for now are MTR and that lousy excise tax on mobile money which will affect all telcos...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mid day, EABL has already moved a turnover of 104M. Mpesa bank has hit a 2012 high of 4.50/- gearing up for H1 2012 results. By Nov 11th we may see a high of 5/-. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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surely with the index performing so well this year, we can't expect it to perform nearly as well next year because of the high base created this year. a slower growth next year, then the next it can grow at higher rate in 2014. unless we are/will be in a full on bull , i don't see back to back 20% percent index gains The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:surely with the index performing so well this year, we can't expect it to perform nearly as well next year because of the high base created this year. a slower growth next year, then the next it can grow at higher rate in 2014. unless we are/will be in a full on bull , i don't see back to back 20% percent index gains Check Venezuela & Mongolia back to back bulls... Hot money never observes the commoners laws!?$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:Aguytrying wrote:surely with the index performing so well this year, we can't expect it to perform nearly as well next year because of the high base created this year. a slower growth next year, then the next it can grow at higher rate in 2014. unless we are/will be in a full on bull , i don't see back to back 20% percent index gains Check Venezuela & Mongolia back to back bulls... Hot money never observes the commoners laws!? will do The investor's chief problem - and even his worst enemy - is likely to be himself
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