Wazua
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How to tell NSE has bottomed out
Rank: Elder Joined: 3/19/2013 Posts: 2,552
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There is a huge bid for eveready which continues to linger.It amazes me.Still waiting for a bargain?BOC just might rally,I'm waiting to see kesho.
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Rank: Member Joined: 9/18/2006 Posts: 131
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Someone has just picked a total of 1.5m Kenya Re shares at 16.5 in two blocks of 700k and 800k. I wonder he knows that we sellers don't 
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Britam volume today is very interesting. Classic volume spread coveted by traders using VSA technique. $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 declined to Kes.577M from the previous session’s Kes.939M, the number of shares traded stood at 27M against 85M posted yesterday. The NSE 20 Share Index shed 11.18 points to stand at 5019.73. All Share Index (NASI) closed 0.19 points lower to stand at 121.39. GOD BLESS YOUR LIFE
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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kazee wrote:Someone has just picked a total of 1.5m Kenya Re shares at 16.5 in two blocks of 700k and 800k. I wonder he knows that we sellers don't Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:Turnover declined to
Kes.577M from the previous session’s Kes.939M, the number of shares traded stood at 27M against 85M posted yesterday.
The NSE 20 Share Index shed 11.18 points to stand at 5019.73.
All Share Index (NASI) closed 0.19 points lower to stand at 121.39.
FTSE NSE indices still have that gapping open from Friday's close. They shed some too today only to try and regain in late afternoon. I expect the NSE20 to lose the 5000 handle tomorrow or by Friday. This is why I said I would be selling to wanjikus in this euphoria round 2 this week. CFCI and Kengen already sold.
Gaps always get filled. And facing the tough resistance headwinds, bulls will struggle to sustain above 5000. The saving grace is mpesa bank since the results are due in a few weeks time holding prices up. $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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guru267 wrote:kazee wrote:Someone has just picked a total of 1.5m Kenya Re shares at 16.5 in two blocks of 700k and 800k. I wonder he knows that we sellers don't @Guru? Life is short. Live passionately.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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sparkly wrote:guru267 wrote:kazee wrote:Someone has just picked a total of 1.5m Kenya Re shares at 16.5 in two blocks of 700k and 800k. I wonder he knows that we sellers don't @Guru? Madam Guru has been preaching about Kenya Re since Jan hence the smile...her exit price is 75/- in 2017 "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: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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murchr wrote:sparkly wrote:guru267 wrote:kazee wrote:Someone has just picked a total of 1.5m Kenya Re shares at 16.5 in two blocks of 700k and 800k. I wonder he knows that we sellers don't @Guru? Madam Guru has been preaching about Kenya Re since Jan hence the smile...her exit price is 75/- in 2017 She might not have to wait out that long. All Kenya Re needs to do is to work towards doubling their profits,well not a walk in the park but possible and she might be there an year earlier. @SufficientlyP
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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When did Carbacid fly to 140/=? I'm aware it's closing bks on Apr 10, 2013 for 3/= dvdd declared on Mar 15, 2013. Sadly, sold only 300 shares today. LongHorn sold 5,939,600 shares today leading the pack. The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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jerry wrote:
LongHorn sold 5,939,600 shares today leading the pack.
Did you mean Britam?
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Rank: Member Joined: 9/18/2006 Posts: 131
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Another all- red day. Watching what I haven't sold sink further  . Main thing i have learnt this year is not to buy shares that are extremely illiquid in large volumes e.g. panafric. Selling is such a pain in the rear
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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kazee wrote:Another all- red day. Watching what I haven't sold sink further . Main thing i have learnt this year is not to buy shares that are extremely illiquid in large volumes e.g. panafric. Selling is such a pain in the rear Agrics fever. 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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Gaps have to be filled. Intraday FTSE NSE indices are 1% plus down. Same script different month... Don't people learn... Arghh... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 1/25/2010 Posts: 344
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hisah wrote:Gaps have to be filled. Intraday FTSE NSE indices are 1% plus down. Same script different month... Don't people learn... Arghh... @hisah, once the gaps have been filled, in ur opinion, do u expect the index to keep rising?
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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kazee wrote:Another all- red day. Watching what I haven't sold sink further . Main thing i have learnt this year is not to buy shares that are extremely illiquid in large volumes e.g. panafric. Selling is such a pain in the rear The thing with illiquid counters. If you are in a hurry, dont try set the price. Either buy or sell at the price on offer. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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hisah wrote:Gaps have to be filled. Intraday FTSE NSE indices are 1% plus down. Same script different month... Don't people learn... Arghh... We filled the mpesa gaps on Tuesday. Check out the prices now. We have now taken off!! @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Aguytrying wrote:kazee wrote:Another all- red day. Watching what I haven't sold sink further . Main thing i have learnt this year is not to buy shares that are extremely illiquid in large volumes e.g. panafric. Selling is such a pain in the rear The thing with illiquid counters. If you are in a hurry, dont try set the price. Either buy or sell at the price on offer. Cant touch them even with a 20feet pole. #canttouchthese @SufficientlyP
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Rank: Chief Joined: 1/3/2007 Posts: 18,259 Location: Nairobi
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Sufficiently Philanga....thropic wrote:Aguytrying wrote:kazee wrote:Another all- red day. Watching what I haven't sold sink further . Main thing i have learnt this year is not to buy shares that are extremely illiquid in large volumes e.g. panafric. Selling is such a pain in the rear The thing with illiquid counters. If you are in a hurry, dont try set the price. Either buy or sell at the price on offer. Cant touch them even with a 20feet pole. #canttouchthese Nice. Thanks. City Trust. For years. Payday coming soon. 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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theking wrote:hisah wrote:Gaps have to be filled. Intraday FTSE NSE indices are 1% plus down. Same script different month... Don't people learn... Arghh... @hisah, once the gaps have been filled, in ur opinion, do u expect the index to keep rising? NSE20 is overextended above 5000 and we need a liquidity flood to maintain this airplane at this height. This is why I said going forward that incoming Fin Min and the treasury policies/strategies will determine if we nosedive or increase altitude.
Looking forward to the budget reading. In the meantime NSE will be in sideways action between 4700 - 5100 range.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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