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How to tell NSE has bottomed out
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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NSE wrote:Turnover rose to Kes.631M from the previous session’s Kes.289M, the number of shares traded stood at 36M against 21M posted yesterday
The NSE 20 Share Index shed 14.03 points to stand at 4810.40.
All Share Index (NASI) was up 0.40 points to stand at 118.38. $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: Elder Joined: 3/19/2013 Posts: 2,552
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Which counter,if any do you think will hit 10% first?
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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symbols wrote:Which counter,if any do you think will hit 10% first? Loss/gain? 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:symbols wrote:Which counter,if any do you think will hit 10% first? Loss/gain? Gain
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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FTSE NSE indices intraday are back to Tuesday's close. Can't hold onto yesterday's bounce after so many days of pulling back. Very weak buy pressure. If they end this way, NSE20 will close below 4800 for the day. 3 trading days remaining to defend 4860. And from the look of things, it won't happen as the monthly reversal gains traction... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Very interesting day.Can't wait for tomorrow.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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NSE20 closed @ 4764 today remember the trading range for Q2 2013 I earlier posted? Its going to script.
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Cash is king right about now until we see those Q1 figures. But Mpesa is defying even gravity  @SufficientlyP
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Sufficiently Philanga....thropic wrote:Cash is king right about now until we see those Q1 figures. But Mpesa is defying even gravity Someone is putting the pressure on 6.60. When it comes to Q1 figures,I think we've already crossed the line where fundies matter.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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the deal wrote:NSE20 closed @ 4764 today remember the trading range for Q2 2013 I earlier posted? Its going to script. NSE wrote:Some 17M shares valued at Kes.287M were traded in 1,400 deals, down from 36M shares that were valued at Kes.631M posted yesterday.
The NSE 20 Share Index shaved-off a total of 45.88 points to stand at 4764.52.
All Share Index (NASI) shed 0.91 points to stand at 117.47.
The volume spike last week was profit taking... $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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 $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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hisah wrote:the deal wrote:NSE20 closed @ 4764 today remember the trading range for Q2 2013 I earlier posted? Its going to script. NSE wrote:Some 17M shares valued at Kes.287M were traded in 1,400 deals, down from 36M shares that were valued at Kes.631M posted yesterday.
The NSE 20 Share Index shaved-off a total of 45.88 points to stand at 4764.52.
All Share Index (NASI) shed 0.91 points to stand at 117.47.
The volume spike last week was profit taking... 1. Volume spike after a strong run signals a correction or profit taking 2. Volume spike after a strong downward drift signals a buttom
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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symbols wrote:Sufficiently Philanga....thropic wrote:Cash is king right about now until we see those Q1 figures. But Mpesa is defying even gravity Someone is putting the pressure on 6.60. When it comes to Q1 figures,I think we've already crossed the line where fundies matter. @symbols, most counters have not crossed the line on fundies. check the trailing and forward ratios of a number and you will attest. ... it is unfortunate that only the banking sector, Total Kenya and ARM are expected to release Q1 2013 results. …. I long for the day it will become a rule for all listed companies to release the quarterly results
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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mwekez@ji wrote:symbols wrote:Sufficiently Philanga....thropic wrote:Cash is king right about now until we see those Q1 figures. But Mpesa is defying even gravity Someone is putting the pressure on 6.60. When it comes to Q1 figures,I think we've already crossed the line where fundies matter. @symbols, most counters have not crossed the line on fundies. check the trailing and forward ratios of a number and you will attest. ... it is unfortunate that only the banking sector, Total Kenya and ARM are expected to release Q1 2013 results. …. I long for the day it will become a rule for all listed companies to release the quarterly results Let me rephrase,I think sentiments are outpacing fundies.More results and consistency would be great.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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symbols wrote:mwekez@ji wrote:symbols wrote:Sufficiently Philanga....thropic wrote:Cash is king right about now until we see those Q1 figures. But Mpesa is defying even gravity Someone is putting the pressure on 6.60. When it comes to Q1 figures,I think we've already crossed the line where fundies matter. @symbols, most counters have not crossed the line on fundies. check the trailing and forward ratios of a number and you will attest. ... it is unfortunate that only the banking sector, Total Kenya and ARM are expected to release Q1 2013 results. …. I long for the day it will become a rule for all listed companies to release the quarterly results Let me rephrase,I think sentiments are outpacing fundies.More results and consistency would be great. @symbols, i find most counters are trading at good multiples in comparison to other markets. This must also be reason foreign investors are flocking in day after day. Notice foreign inflows have been positive for a long time now and they are not relenting. I would also support positive sentiments on our market because the risk profile of our country has reduced post the March 2013 elections. The dynamic duo driving this country are doing it with good energy, zeal and zest. I expect the country to record good growth and so should our companies and consequently our stocks market
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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mwekez@ji wrote:symbols wrote:mwekez@ji wrote:symbols wrote:Sufficiently Philanga....thropic wrote:Cash is king right about now until we see those Q1 figures. But Mpesa is defying even gravity Someone is putting the pressure on 6.60. When it comes to Q1 figures,I think we've already crossed the line where fundies matter. @symbols, most counters have not crossed the line on fundies. check the trailing and forward ratios of a number and you will attest. ... it is unfortunate that only the banking sector, Total Kenya and ARM are expected to release Q1 2013 results. …. I long for the day it will become a rule for all listed companies to release the quarterly results Let me rephrase,I think sentiments are outpacing fundies.More results and consistency would be great. @symbols, i find most counters are trading at good multiples in comparison to other markets. This must also be reason foreign investors are flocking in day after day. Notice foreign inflows have been positive for a long time now and they are not relenting. I would also support positive sentiments on our market because the risk profile of our country has reduced post the March 2013 elections. The dynamic duo driving this country are doing it with good energy, zeal and zest. I expect the country to record good growth and so should our companies and consequently our stocks market I can't speak on the intentions of foreigners except profit but I have to admit,I think the duo is on the right track and I hope they will take Kenya to new heights.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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HF builds strong 2013 first quarter « Capital Business http://www.capitalfm.co....rong-2013-first-quarter/
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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[quote=Cde Monomotapa]HF builds strong 2013 first quarter « Capital Business http://www.capitalfm.co....ong-2013-first-quarter/[/quote] mmmh.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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In need of a FY'12 vs Q1'13 analysis. Over to @mwekezaji & Co.
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