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How to tell NSE has bottomed out
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Kanjora1 wrote:If ICDC aka Centum hits 25/- I'll need to start looking for somewhere to park my yacht! Good times beckoning (whistles to myself)... Likes this...Hope it does Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,278 Location: Nairobi
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youcan'tstopusnow wrote:hisah wrote:How long does it take NSE to compute the day's index metrics? Or are the staff using abacus to do the math?? Very unprofessional for a bourse that wants to go global... Why can't it be real time? An abacus would be an improvement. I think they use pen & paper. Back in the day, there were so many errors. Basic addition & subtraction was a challenge! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:hisah wrote:
As for my trades - CFCI is within striking distance of my target @10.50 while JHL is slowly working towards 250.
Near term risk - locally - election case while globally - Cyprus throwing a nasty spanner into the works.
Today 250/- printed. Are you off the ship or will you sail further? I'm thinking greedy since the bus has got to the stage too fast... 300 is within striking distance at this rate. I'll review once I see the results. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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hisah wrote:murchr wrote:hisah wrote:
As for my trades - CFCI is within striking distance of my target @10.50 while JHL is slowly working towards 250.
Near term risk - locally - election case while globally - Cyprus throwing a nasty spanner into the works.
Today 250/- printed. Are you off the ship or will you sail further? I'm thinking greedy since the bus has got to the stage too fast... 300 is within striking distance at this rate. I'll review once I see the results.  Greed is good "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
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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VituVingiSana wrote:youcan'tstopusnow wrote:hisah wrote:How long does it take NSE to compute the day's index metrics? Or are the staff using abacus to do the math?? Very unprofessional for a bourse that wants to go global... Why can't it be real time? An abacus would be an improvement. I think they use pen & paper. Back in the day, there were so many errors. Basic addition & subtraction was a challenge! If ATS is a computer based system I don't understand the delay.
Or is it an IEBC tallying moment...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Turnover rose to Kshs. 858 Million from Kshs. 445 Million The NSE-20 Share Index rose 72.22 points or 1.52% to 4830.44 The Nairobi All Share Index was up 2.13% to 117.23 GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:Turnover rose to Kshs. 858 Million from Kshs. 445 Million
The NSE-20 Share Index rose 72.22 points or 1.52% to 4830.44
The Nairobi All Share Index was up 2.13% to 117.23
Back to Mar 14 level. Most likely 4900 handle is the target for the window dressing for the quarter.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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hisah wrote:murchr wrote:hisah wrote:
As for my trades - CFCI is within striking distance of my target @10.50 while JHL is slowly working towards 250.
Near term risk - locally - election case while globally - Cyprus throwing a nasty spanner into the works.
Today 250/- printed. Are you off the ship or will you sail further? I'm thinking greedy since the bus has got to the stage too fast... 300 is within striking distance at this rate. I'll review once I see the results. Typical for NSE investors to completely ignore price targets! @hisah I was especially waiting to see what you would say when JUB hit 250 & frankly I be disappointed... Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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guru267 wrote:hisah wrote:murchr wrote:hisah wrote:
As for my trades - CFCI is within striking distance of my target @10.50 while JHL is slowly working towards 250.
Near term risk - locally - election case while globally - Cyprus throwing a nasty spanner into the works.
Today 250/- printed. Are you off the ship or will you sail further? I'm thinking greedy since the bus has got to the stage too fast... 300 is within striking distance at this rate. I'll review once I see the results. Typical for NSE investors to completely ignore price targets! @hisah I was especially waiting to see what you would say when JUB hit 250 & frankly I be disappointed... you think he should sell? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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hisah wrote:VituVingiSana wrote:youcan'tstopusnow wrote:hisah wrote:How long does it take NSE to compute the day's index metrics? Or are the staff using abacus to do the math?? Very unprofessional for a bourse that wants to go global... Why can't it be real time? An abacus would be an improvement. I think they use pen & paper. Back in the day, there were so many errors. Basic addition & subtraction was a challenge! If ATS is a computer based system I don't understand the delay.
Or is it an IEBC tallying moment...
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Aguytrying wrote:guru267 wrote:hisah wrote:murchr wrote:hisah wrote:
As for my trades - CFCI is within striking distance of my target @10.50 while JHL is slowly working towards 250.
Near term risk - locally - election case while globally - Cyprus throwing a nasty spanner into the works.
Today 250/- printed. Are you off the ship or will you sail further? I'm thinking greedy since the bus has got to the stage too fast... 300 is within striking distance at this rate. I'll review once I see the results. Typical for NSE investors to completely ignore price targets! @hisah I was especially waiting to see what you would say when JUB hit 250 & frankly I be disappointed... you think he should sell? Two friends having financial intercourse, with a few pinches and challenges here and there. Miss this.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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youcan'tstopusnow wrote:Turnover rose to Kshs. 858 Million from Kshs. 445 Million
The NSE-20 Share Index rose 72.22 points or 1.52% to 4830.44
The Nairobi All Share Index was up 2.13% to 117.23
 the bulls are back for sure #How to tell NSE has bottomed out
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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GEMS lini? If GEMS will be the Kenyan equivalent of the TSXV then it will surely be exciting... GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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guru267 wrote:hisah wrote:murchr wrote:hisah wrote:
As for my trades - CFCI is within striking distance of my target @10.50 while JHL is slowly working towards 250.
Near term risk - locally - election case while globally - Cyprus throwing a nasty spanner into the works.
Today 250/- printed. Are you off the ship or will you sail further? I'm thinking greedy since the bus has got to the stage too fast... 300 is within striking distance at this rate. I'll review once I see the results. Typical for NSE investors to completely ignore price targets! @hisah I was especially waiting to see what you would say when JUB hit 250 & frankly I be disappointed... This is the 2nd time I'm making an exception. Just like what I saw on mpesa bank after it hit 4/- within a short time frame.
And no, I'm not a typical investor. That you know.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:GEMS lini? If GEMS will be the Kenyan equivalent of the TSXV then it will surely be exciting...
Anxiously waiting for it too. This is a high stakes game, which most likely NSE & CMA will impose an investment threshold to prevent wanjikus from frying. So I expect a minimum investment amount cutoff to be around 500k or 1M. Inventing in new mining startups that are prospecting is very risky. It can be a miss or success. This makes the paka or CMC shares to look safer! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah wrote:youcan'tstopusnow wrote:GEMS lini? If GEMS will be the Kenyan equivalent of the TSXV then it will surely be exciting...
Anxiously waiting for it too. This is a high stakes game, which most likely NSE & CMA will impose an investment threshold to prevent wanjikus from frying. So I expect a minimum investment amount cutoff to be around 500k or 1M. Inventing in new mining startups that are prospecting is very risky. It can be a miss or success. This makes the paka or CMC shares to look safer! I would be against the minimum threshold. Why assume that those with 5K to invest cannot qualify investments or understand risk/return. No need to lock out small investors from potential gains. What is your understanding of Wanjiku - the uninformed or those with little capital? Those two don't have to go together. You start small as you go up. GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:hisah wrote:youcan'tstopusnow wrote:GEMS lini? If GEMS will be the Kenyan equivalent of the TSXV then it will surely be exciting...
Anxiously waiting for it too. This is a high stakes game, which most likely NSE & CMA will impose an investment threshold to prevent wanjikus from frying. So I expect a minimum investment amount cutoff to be around 500k or 1M. Inventing in new mining startups that are prospecting is very risky. It can be a miss or success. This makes the paka or CMC shares to look safer! I would be against the minimum threshold. Why assume that those with 5K to invest cannot qualify investments or understand risk/return. No need to lock out small investors from potential gains. What is your understanding of Wanjiku - the uninformed or those with little capital? Those two don't have to go together. You start small as you go up. The keyword here is high stakes. At the high stakes casino table, you don't show up with loose change even if you can take on the house! Smart wanjikus with small capital will be locked out. The lions have to fed first then the rest can join later. The market has owners just like the casino. Never forget that... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah wrote:youcan'tstopusnow wrote:hisah wrote:youcan'tstopusnow wrote:GEMS lini? If GEMS will be the Kenyan equivalent of the TSXV then it will surely be exciting...
Anxiously waiting for it too. This is a high stakes game, which most likely NSE & CMA will impose an investment threshold to prevent wanjikus from frying. So I expect a minimum investment amount cutoff to be around 500k or 1M. Inventing in new mining startups that are prospecting is very risky. It can be a miss or success. This makes the paka or CMC shares to look safer! I would be against the minimum threshold. Why assume that those with 5K to invest cannot qualify investments or understand risk/return. No need to lock out small investors from potential gains. What is your understanding of Wanjiku - the uninformed or those with little capital? Those two don't have to go together. You start small as you go up. The keyword here is high stakes. At the high stakes casino table, you don't show up with loose change even if you can take on the house! Smart wanjikus with small capital will be locked out. The lions have to fed first then the rest can join later. The market has owners just like the casino. Never forget that... Well, GEMS is not the first high stakes market to come on board. In other jurisdictions, nothing stops you from buying one share of startups (just as risky if not more) worth 0.05 dollars per share and a less than 1 mil market cap . Why should the GEMS be different? Ama kwa sababu ni Kenya? 'Wanjiku' are prevalent in every market. GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@youcant - I'm also using the REITs proposal as an indicator, which has an investment cap. Let's see how it pans out. Will NSE20 finish March having vaulted the 4900 handle? Waiting for today's close. @NSE it doesn't make sense publishing the index metric 3hrs after market closure. That metric is not a secret code... FTSE NSE indices have a 15min delay and I expect this from a bourse that wants to be regional as well as thinking of putting up a futures market... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah wrote:@youcant - I'm also using the REITs proposal as an indicator, which has an investment cap. Let's see how it pans out.
Will NSE20 finish March having vaulted the 4900 handle? Waiting for today's close. @NSE it doesn't make sense publishing the index metric 3hrs after market closure. That metric is not a secret code... FTSE NSE indices have a 15min delay and I expect this from a bourse that wants to be regional as well as thinking of putting up a futures market... As per VVS, maybe we should get them an abacus so that they can do it faster. Seriously lakini, don't they have a program that computes such stuff automatically? This is 2013 GOD BLESS YOUR LIFE
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