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How to tell NSE has bottomed out
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Liberty Insurance NORMAL BIDS 263,900 Quantity Price Splits Time 145,100 10.00 3 12:39:4810,000 9.90 1 12:39:48 10,000 9.85 1 12:39:48 500 9.80 1 12:39:48 70,800 9.75 4 12:39:48 ASKS - Quantity Price Splits Time - - - - - - - - - - - - - - - - - - - - TRADES Quantity Price Time 200 9.75 11:14:37 2,000 9.75 11:08:34 100 9.80 11:08:34 800 9.90 11:08:34 1,000 9.90 11:08:34 No Supply!!!!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:Liberty Insurance NORMAL BIDS 263,900 Quantity Price Splits Time 145,100 10.00 3 12:39:4810,000 9.90 1 12:39:48 10,000 9.85 1 12:39:48 500 9.80 1 12:39:48 70,800 9.75 4 12:39:48 ASKS - Quantity Price Splits Time - - - - - - - - - - - - - - - - - - - - TRADES Quantity Price Time 200 9.75 11:14:37 2,000 9.75 11:08:34 100 9.80 11:08:34 800 9.90 11:08:34 1,000 9.90 11:08:34 No Supply!!!! Off to KES ___? Whats your valuation of this counter and Britam?
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Cfci As usual the unity of sellers will hold it...kwendeni huko buyers with ur money "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Still too much red for a Friday but not a bad day.EABL and BAT,wah.This week trades from 2.30 have been interesting.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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mlennyma wrote:Cfci As usual the unity of sellers will hold it...kwendeni huko buyers with ur money NSE at times A bid at 10.15 and an ask at 10.smh
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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guru267 wrote:IN FACT I DARE THE NSE 20 TO CLOSE DOWN TODAY!! when the guru speaks.... Mark 12:29 Deuteronomy 4:16
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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I have a question that's a bit off the topic but I hope to be accommodated by investors.Its on the same lines as emotions in markets like @hisah has brought up.The movie limitless,fictional,but the scene where Eddie Morra met with Carl Von Loon for lunch to talk about his success. First he describes fundamental analysis as giving a few sh*ty upticks.Next he describes rumor mills as the next best thing to get trades on the short-term.What do you think the third theory would have been?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Cde Monomotapa wrote:Wow @KenyaRe
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mwekez@ji wrote:Cde Monomotapa wrote:Wow @KenyaRe i was abit sad to see it above 16. see i had only got 35% of what i wanted, let's hope next week it can come back we add then from there its can do what it wants. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Aguytrying wrote:mwekez@ji wrote:Cde Monomotapa wrote:Wow @KenyaRe i was abit sad to see it above 16. see i had only got 35% of what i wanted, let's hope next week it can come back we add then from there its can do what it wants. Right on Cde Aguy..
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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#Kenya GDP grew by 5.2% during the first quarter of 2013 vs 3.9% in 1Q 2012. Read More: http://www.knbs.or.ke/pdf/1QGDP2013.pdf … l KNBS
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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[url=http://http://the-star.co.ke/news/article-125455/world-africa-and-kenya-correlations]EAC is the 2nd fastest growing region in the world after ASEAN and is set to accelerate further. These are serious macro tail winds. The oil and gas people swung through town last week and exploration monies are crowding in. I reckon this will add 2.00%-2.5% onto GDP within 36 months. The peaceful election also 'de-risked' Kenya and this de-risking is also worth a 2% add in 24 months. Therefore, I remain of the view that the recent softness will pass like the cold snap we currently find ourselves experiencing in Nairobi. My Kenya and EAC macro indicators are the most bullish since I started keeping records. - See more at: http://the-star.co.ke/ne...ns#sthash.N6HqnSyZ.dpuf[/url] “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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June closes @4598. NSE20 ends Q2 on reversal after starting off with a euphoria. Q3 earnings by banks will need to be very rosy to stem off the reversal which I see sustaining into Q3. MSCI KE, FTSE NSE KE 15/25 indices all point to extended selling in Q3 as per the monthly chart. Mpesa bank goes exdiv in Sept... $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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Metasploit wrote:[url=http://http://the-star.co.ke/news/article-125455/world-africa-and-kenya-correlations]EAC is the 2nd fastest growing region in the world after ASEAN and is set to accelerate further. These are serious macro tail winds. The oil and gas people swung through town last week and exploration monies are crowding in. I reckon this will add 2.00%-2.5% onto GDP within 36 months. The peaceful election also 'de-risked' Kenya and this de-risking is also worth a 2% add in 24 months. Therefore, I remain of the view that the recent softness will pass like the cold snap we currently find ourselves experiencing in Nairobi. My Kenya and EAC macro indicators are the most bullish since I started keeping records. - See more at: http://the-star.co.ke/ne...ns#sthash.N6HqnSyZ.dpuf[/url] Very nice article.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Allegedly ~> "The annual advertising spend in Kenya was 65.4B ($770M). Expected to rise to 100B ($1.2B) due to the March 2013 general elections." http://www.ventures-afri...-ad-market-intensifies/
SCANGROUP perhaps?
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Possibly if it hasn't already been factored in but if a rally kicks in I think it can easily reach 69,72 and 75.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Cde Monomotapa wrote:Metasploit wrote:[url=http://http://the-star.co.ke/news/article-125455/world-africa-and-kenya-correlations]EAC is the 2nd fastest growing region in the world after ASEAN and is set to accelerate further. These are serious macro tail winds. The oil and gas people swung through town last week and exploration monies are crowding in. I reckon this will add 2.00%-2.5% onto GDP within 36 months. The peaceful election also 'de-risked' Kenya and this de-risking is also worth a 2% add in 24 months. Therefore, I remain of the view that the recent softness will pass like the cold snap we currently find ourselves experiencing in Nairobi. My Kenya and EAC macro indicators are the most bullish since I started keeping records. - See more at: http://the-star.co.ke/ne...ns#sthash.N6HqnSyZ.dpuf[/url] Very nice article. Noted points: Quote:. Equity investors into Africa have reduced gateway exposure and penetrated deeper into Africa and you will note Ghana is the best performing stock index in the world and is +58.54% this year,
Nigeria is +33.29% and Nairobi +26.1227%. What is interesting is the synchronisation and correlation between Nigeria and Nairobi. The Nigeria All Share has retreated 8.88% since the 11th of June and the Nairobi NSE20 has retreated 5.99% since the 31st of May.
Quote:EAC is the 2nd fastest growing region in the world after ASEAN and is set to accelerate further. These are serious macro tail winds. The oil and gas people swung through town last week and exploration monies are crowding in.
I reckon this will add 2.00%-2.5% onto GDP within 36 months. The peaceful election also 'de-risked' Kenya and this de-risking is also worth a 2% add in 24 months.
I wonder why the Ghanian Market hasn't shaken off some points, anyway...the oil and gas play will be a game changer. Now this is a serious analysis, forget the gossip that BD is peddling these days. "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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How to tell NSE has bottomed out
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