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How to tell NSE has bottomed out
mwekez@ji
#2681 Posted : Thursday, March 14, 2013 6:35:57 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji wrote:
dunkang wrote:
hisah wrote:
Airtel KE plans IPO - http://www.businessdaily.../-/hn8xpoz/-/index.html

I'll believe it when I see...


Massive under subscription AKA voter apathy. Who would buy a firm that has never declared a profit?


The IPO will be done a couple of years from now after the company has returned profits for atleast 3 years. The market with its short memory will have forgotten about the losses. lol


The writer notes 2018 to be the earliest this is expected to hold the IPO. Trust the loss memories will have been eroded. #market husahau
hisah
#2682 Posted : Thursday, March 14, 2013 7:10:39 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mwekez@ji wrote:
mwekez@ji wrote:
dunkang wrote:
hisah wrote:
Airtel KE plans IPO - http://www.businessdaily.../-/hn8xpoz/-/index.html

I'll believe it when I see...


Massive under subscription AKA voter apathy. Who would buy a firm that has never declared a profit?


The IPO will be done a couple of years from now after the company has returned profits for atleast 3 years. The market with its short memory will have forgotten about the losses. lol


The writer notes 2018 to be the earliest this is expected to hold the IPO. Trust the loss memories will have been eroded. #market husahau

Why I said I'll believe it when I see is I don't think they'll be around with their kind of biz model.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
dunkang
#2683 Posted : Thursday, March 14, 2013 8:05:24 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
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ChessMaster
#2684 Posted : Thursday, March 14, 2013 1:35:07 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
@all - Tell me I'm seeing things.Why is safaricom showing a high price of 302! HFT?
Uncertainty is certain.Let go
hisah
#2685 Posted : Thursday, March 14, 2013 3:06:32 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Silence as sanity fights back Mr market smile

Wazuans don't like corrections...

NSE will likely close around 4830 - 4840 (minus 70 - 80pts) down as per the bleeding happening on FTSE NSE25 which is 3.16% down today.

I can see crap superstar neveready is still at lofty heights even with the deep correction. Must be a dead paka floating in the water!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kazee
#2686 Posted : Thursday, March 14, 2013 3:17:45 PM
Rank: Member

Joined: 9/18/2006
Posts: 131
hisah wrote:
Silence as sanity fights back Mr market smile

Wazuans don't like corrections...

NSE will likely close around 4830 - 4840 (minus 70 - 80pts) down as per the bleeding happening on FTSE NSE25 which is 3.16% down today.

I can see crap superstar neveready is still at lofty heights even with the deep correction. Must be a dead paka floating in the water!



@Hisah, who likes corrections apart from anyone who is in a 100% cash position? Looks like the percentage fall today was lower, with the most desperate having sold so some brakes may start holding from tomorrow.
mlennyma
#2687 Posted : Thursday, March 14, 2013 3:20:25 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I like the way hfck corrects once it goes up.its almost bottoming
"Don't let the fear of losing be greater than the excitement of winning."
hisah
#2688 Posted : Thursday, March 14, 2013 4:42:42 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Silence as sanity fights back Mr market smile

Wazuans don't like corrections...

NSE will likely close around 4830 - 4840 (minus 70 - 80pts) down as per the bleeding happening on FTSE NSE25 which is 3.16% down today.

I can see crap superstar neveready is still at lofty heights even with the deep correction. Must be a dead paka floating in the water!


NSE wrote:
Turnover declined to Kes.718M from the previous session’s Kes.1.05bn, the number of shares traded stood at 41M against 48M posted yesterday.

The NSE 20 Share Index shaved-off a total of 79.60 points to settle at 4831.85.

All Share Index (NASI) shed 2.09 points to stand at 115.93.


Of late NSE is not including the FTSE closing numbers. Is it coz of the heavy bleeding... smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#2689 Posted : Friday, March 15, 2013 5:56:43 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
@Mwekez@ji, where r the updates on buyers and sellers?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
hisah
#2690 Posted : Friday, March 15, 2013 8:08:29 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
murchr wrote:
@Mwekez@ji, where r the updates on buyers and sellers?

They avoided the stampede by being net sellers...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
570 Pages«<267268269270271>»
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