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How to tell NSE has bottomed out
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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The market value for Safaricom is more than Equity+KCB combined. The same applies for EABL too. GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:The market value for Safaricom is more than Equity+KCB combined. The same applies for EABL too.
Thus I call it mpesa bank - mpesa and now mshwari added to the mix. Hii ni bank...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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jerry wrote:I need an index devoid of scon. I think what we need is more large caps the size of scom and eabl to be listed
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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:The market value for Safaricom is more than Equity+KCB combined. The same applies for EABL too.
Thus I call it mpesa bank - mpesa and now mshwari added to the mix. Hii ni bank... Is the premium valuation justified, in your opinion? Or are Equity and KCB undervalued by the market? Something must give... 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:The market value for Safaricom is more than Equity+KCB combined. The same applies for EABL too.
Thus I call it mpesa bank - mpesa and now mshwari added to the mix. Hii ni bank... Is the premium valuation justified, in your opinion? Or are Equity and KCB undervalued by the market? Something must give... For now mpesa bank is overvalued.
Visa and MasterCard are jumping into the mobile money game. World bank is following too.
I think we are seeing computer's in the 50's
Internet in the 90s
All brought about unprecedented industrial shifts and I'm seeing a banking shift happening.
$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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Visa ^& mastercard will work with who? @hisah "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: 3/19/2013 Posts: 2,552
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hisah wrote:
Visa and MasterCard are jumping into the mobile money game. World bank is following too.
I think we are seeing computer's in the 50's
Internet in the 90s
All brought about unprecedented industrial shifts and I'm seeing a banking shift happening.
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I agree.Banking isn't necessarily changing but cash and thats why banks are threatened because they're are losing the position they once held. Mpesa is trying to create a simple yet versatile solution.The problem with the other players is they are trying to catch up instead of preempt.As alma says,we are guinea pigs since mobile money took off here and I think Visa and MasterCard are terrified of what this concept might do to their business.I don't know if its possible,but the simcard of the future might just have NFC and then everything changes,unless a new technology comes in.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:Visa ^& mastercard will work with who? @hisah With your simcard or NFC device.$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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Safaricom on the cusp of 7! GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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youcan'tstopusnow wrote:Safaricom on the cusp of 7!
Watching the movie too. The big boys aka market makers are saying it's now or never. Game plan, get the prey closer to the meal......then....  @SufficientlyP
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Sufficiently Philanga....thropic wrote:youcan'tstopusnow wrote:Safaricom on the cusp of 7!
Watching the movie too. The big boys aka market makers are saying it's now or never. Game plan, get the prey closer to the meal......then.... Still too much red.Now I just want to see if the madness will come back and how fast.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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The Nairobi NSE20 Index firmed 0.483% to close at 4788.26.
The Nairobi NSE20 is +15.848% and will regain the 5,000 Level in reasonably short order.
We have been in a Bull Market since May 2012 and we have just exited a Corrective Phase.
The Rate Cut in Europe and the Continued QE in the US plus Abenomics will continue to push Liquidity into Africa.
This coupled with a DeRisking of Kenya Post the Peaceful Election mean this Market Rally has real Legs and I expect a further 20-25% Rally in the Indices through Year End.
We remain in a Sweet Spot. #Rich view
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Let's see what Prof. Ndung'u has to say on Monday... GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:Let's see what Prof. Ndung'u has to say on Monday...
Rate cut likely due to the proposed 1.6 trillion budget. Also those tbill rates need to be hammered down to force the stimulus into the squeaky econ. 100 - 150bps CBR would be go to start with.
http://www.nation.co.ke/...4/-/sduhsx/-/index.html
Obviously equities will celebrate that stimulus that will minimize downside risks. Liquidity flood needed to dismiss 5000pt barrier. I wonder how far up crap like paka & olympia will float on that flood.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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hisah wrote:youcan'tstopusnow wrote:Let's see what Prof. Ndung'u has to say on Monday...
Rate cut likely due to the proposed 1.6 trillion budget. Also those tbill rates need to be hammered down to force the stimulus into the squeaky econ. 100 - 150bps CBR would be go to start with.
http://www.nation.co.ke/...4/-/sduhsx/-/index.html
Obviously equities will celebrate that stimulus that will minimize downside risks. Liquidity flood needed to dismiss 5000pt barrier. I wonder how far up crap like paka & olympia will float on that flood.
@hisah,You seem to imply "if there's a cut we go for the cat!" The opposite of courage is not cowardice, it's conformity.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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jerry wrote:hisah wrote:youcan'tstopusnow wrote:Let's see what Prof. Ndung'u has to say on Monday...
Rate cut likely due to the proposed 1.6 trillion budget. Also those tbill rates need to be hammered down to force the stimulus into the squeaky econ. 100 - 150bps CBR would be go to start with.
http://www.nation.co.ke/...4/-/sduhsx/-/index.html
Obviously equities will celebrate that stimulus that will minimize downside risks. Liquidity flood needed to dismiss 5000pt barrier. I wonder how far up crap like paka & olympia will float on that flood.
@hisah,You seem to imply "if there's a cut we go for the cat!" Markets thrive on liquidity. If it floods that tide lifts everything. But it's up to investors to identify the ships from the boats.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 8/16/2012 Posts: 660
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hisah wrote:jerry wrote:hisah wrote:youcan'tstopusnow wrote:Let's see what Prof. Ndung'u has to say on Monday...
Rate cut likely due to the proposed 1.6 trillion budget. Also those tbill rates need to be hammered down to force the stimulus into the squeaky econ. 100 - 150bps CBR would be go to start with.
http://www.nation.co.ke/...4/-/sduhsx/-/index.html
Obviously equities will celebrate that stimulus that will minimize downside risks. Liquidity flood needed to dismiss 5000pt barrier. I wonder how far up crap like paka & olympia will float on that flood.
@hisah,You seem to imply "if there's a cut we go for the cat!" Markets thrive on liquidity. If it floods that tide lifts everything. But it's up to investors to identify the ships from the boats. Nice one. sometimes with flooding the best place to seek refuge is at high points you know of if you aren't an expert swimmer. Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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@hisah, I've just read this from the NIC chairman's report, what does this mean going forward, can you just cut rates to stimulate more imports doesn't make sense
"On a cautionary note, a key threat to this growth is the spiraling current account deficit that stood at U.s. Dollars 4.5 billion (13%
of GDP) in December 2012. This deficit level is one of the highest in the world. Bold policy actions need to be taken urgently to
strengthen Kenya’s export engine and reduce the country’s reliance on imports that also leaves it vulnerable to unpredictable
exchange rate movements."
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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mkonomtupu wrote:@hisah, I've just read this from the NIC chairman's report, what does this mean going forward, can you just cut rates to stimulate more imports doesn't make sense
"On a cautionary note, a key threat to this growth is the spiraling current account deficit that stood at U.s. Dollars 4.5 billion (13%
of GDP) in December 2012. This deficit level is one of the highest in the world. Bold policy actions need to be taken urgently to
strengthen Kenya’s export engine and reduce the country’s reliance on imports that also leaves it vulnerable to unpredictable
exchange rate movements." Which rates! Simulate exports ok not imports. 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:mkonomtupu wrote:@hisah, I've just read this from the NIC chairman's report, what does this mean going forward, can you just cut rates to stimulate more imports doesn't make sense
"On a cautionary note, a key threat to this growth is the spiraling current account deficit that stood at U.s. Dollars 4.5 billion (13%
of GDP) in December 2012. This deficit level is one of the highest in the world. Bold policy actions need to be taken urgently to
strengthen Kenya’s export engine and reduce the country’s reliance on imports that also leaves it vulnerable to unpredictable
exchange rate movements." Which rates! Simulate exports ok not imports. Hmmmm,rates are cuts and kshs is better more imports but agriculture and tourism is not so good.
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