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Madness at the NSE
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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mkonomtupu wrote:In the interest of sanity I have taken profits on Kengen 8.3 to 16.05 and my NIC rights 21-56 and the last of my Uchumi 7.8-22. Use the proceeds to pay off loans, fatten my sacco deposits and pension fund and take a little holiday to reflect on the sectors that are likely to do well in the next ten years Brilliantly done! The only thing contra to your performance is your chosen handle, coz your hands are clearly full
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Finally some sanity.Its quiet
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Rank: Member Joined: 9/18/2006 Posts: 131
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symbols wrote:Finally some sanity.Its quiet Today the desperate sellers are flocking the market. Sanity will resume from tomorrow
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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kazee wrote:symbols wrote:Finally some sanity.Its quiet Today the desperate sellers are flocking the market. Sanity will resume from tomorrow Why do you think they're desperate?
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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Once the reduced political risk from the general election is factored in, I am not sure where the upside is going to come from in the short-term i.e. the remainder of 2013. However, 2014 and beyond, assuming the new GoK can grasp the huge opportunity to make us a 10% annual growth economy, there is huge upside Sehemu ndio nyumba
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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You can take your few coins and run but my eyes are on the dollar,t-bill rates,inflation,hague so i have no reason to quit nse unless i see negativity on this fronts. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Aguytrying wrote:mwekez@ji wrote:There is madness at some counters but not all. I detest the generalization coz upsurge at a number of counters is in order based on trailing and forward ratios. … Why not discuss the individual counters going through the madness gush True. Madness at the following in my opinion. NMG SCAN UCHUMI BBK CIC ARM EABL These have fever pitch madness Agreed, What about BAT? "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: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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symbols wrote:symbols wrote:youcan'tstopusnow wrote:The stock market may be overvalued by between 10 and 30 per cent going by fundamentals of the companies and economic performance, analysts warned even as an apparent bull-run kicked off Tuesday. Analysts have cited KCB and Equity Bank as overvalued but as well as Uchumi and East African Breweries Limited (EABL) as being well above their fair prices. http://www.businessdaily.../-/x64b7az/-/index.html
Hmmmmm I'm thinking about their intentions.What would they gain from such news? want you to sell. how can they make money if you don't sell? Life is short. Live passionately.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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By next week I'm sure this thread will be forgotten... $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:By next week I'm sure this thread will be forgotten... There will be a new normal? "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: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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muganda wrote:mkonomtupu wrote:In the interest of sanity I have taken profits on Kengen 8.3 to 16.05 and my NIC rights 21-56 and the last of my Uchumi 7.8-22. Use the proceeds to pay off loans, fatten my sacco deposits and pension fund and take a little holiday to reflect on the sectors that are likely to do well in the next ten years Brilliantly done! The only thing contra to your performance is your chosen handle, coz your hands are clearly full dear muganda. nice to read from you. appears all the old-timers have made a return to wazua. quality of discussion will definitely improve.. HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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sparkly wrote:symbols wrote:symbols wrote:youcan'tstopusnow wrote:The stock market may be overvalued by between 10 and 30 per cent going by fundamentals of the companies and economic performance, analysts warned even as an apparent bull-run kicked off Tuesday. Analysts have cited KCB and Equity Bank as overvalued but as well as Uchumi and East African Breweries Limited (EABL) as being well above their fair prices. http://www.businessdaily.../-/x64b7az/-/index.html
Hmmmmm I'm thinking about their intentions.What would they gain from such news? want you to sell. how can they make money if you don't sell? I thought of that but if today's turnover is any indicator,that wouldn't have worked.
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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murchr wrote:Aguytrying wrote:mwekez@ji wrote:There is madness at some counters but not all. I detest the generalization coz upsurge at a number of counters is in order based on trailing and forward ratios. … Why not discuss the individual counters going through the madness gush True. Madness at the following in my opinion. NMG SCAN UCHUMI BBK CIC ARM EABL These have fever pitch madness Agreed, What about BAT? @Aguy,u have left out Neveready aka neverdie @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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sparkly wrote:symbols wrote:symbols wrote:youcan'tstopusnow wrote:The stock market may be overvalued by between 10 and 30 per cent going by fundamentals of the companies and economic performance, analysts warned even as an apparent bull-run kicked off Tuesday. Analysts have cited KCB and Equity Bank as overvalued but as well as Uchumi and East African Breweries Limited (EABL) as being well above their fair prices. http://www.businessdaily.../-/x64b7az/-/index.html
Hmmmmm I'm thinking about their intentions.What would they gain from such news? want you to sell. how can they make money if you don't sell? Too bad for them. They'l have to buy from us at OUR PRICES!! Overvalued my foot. Ofcourse unless you're talking of the crappy stocks. And we all know them. #makingmoney2013 @SufficientlyP
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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SCOM, ARM, HFCK & KCB are indeed overvalued. But as has been mentioned here severally before, the market has a mind of its own! HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Sufficiently Philanga....thropic wrote:murchr wrote:Aguytrying wrote:mwekez@ji wrote:There is madness at some counters but not all. I detest the generalization coz upsurge at a number of counters is in order based on trailing and forward ratios. … Why not discuss the individual counters going through the madness gush True. Madness at the following in my opinion. NMG SCAN UCHUMI BBK CIC ARM EABL These have fever pitch madness Agreed, What about BAT? @Aguy,u have left out Neveready aka neverdie Yes BAT is there. Stocks like neveready, Olympia et al don't exist to me The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: New-farer Joined: 3/7/2013 Posts: 12
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beats me how total is the biggest gainer today notwithstanding a negative annual report. other day it was nbk
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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Anchoring? Signalling? Or is just the herd mentality? Behavioural analysis 101 LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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ayub900 wrote:beats me how total is the biggest gainer today notwithstanding a negative annual report. other day it was nbk Total (K) future look OK, if the just released results are to go by. They even declared a dividend! Receive with simplicity everything that happens to you.” ― Rashi
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