Wazua
»
Investor
»
Stocks
»
How to tell NSE has bottomed out
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
murchr wrote:hisah wrote:Ericsson wrote:Top 10 shareholders at EABL has no local representation i.e NSSF,pension fund,insurance company or individual.
NSSF which was number apparently disposed off the shares it had in the company.
The top ten is now made up of foreigners.
Seems the local investors see no good prospects in the company going forward.
The NSSF holdings was close to ksh.10 billion shillings When this thing will do a bralirwa or a BAT rally locals will be in disbelief yet again and dividends will have recovered. @hisah I know your a trader, but can you spot the next EABL/BAT from your desk? Apart from banks other companies will excite the bourse? Opinions of other guru's are invited. If KPLC gets the tariffs sorted, the repricing will be furious. Oil stocks will also reprice. Any recovery on KQ wil also see a powerful rally. The next rotation will be all about laggards as long as the bull remains intact. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
hisah wrote:murchr wrote:hisah wrote:Ericsson wrote:Top 10 shareholders at EABL has no local representation i.e NSSF,pension fund,insurance company or individual.
NSSF which was number apparently disposed off the shares it had in the company.
The top ten is now made up of foreigners.
Seems the local investors see no good prospects in the company going forward.
The NSSF holdings was close to ksh.10 billion shillings When this thing will do a bralirwa or a BAT rally locals will be in disbelief yet again and dividends will have recovered. @hisah I know your a trader, but can you spot the next EABL/BAT from your desk? Apart from banks other companies will excite the bourse? Opinions of other guru's are invited. If KPLC gets the tariffs sorted, the repricing will be furious. Oil stocks will also reprice. Any recovery on KQ wil also see a powerful rally. The next rotation will be all about laggards as long as the bull remains intact. Merci! what's your view on carbacid and BOC? "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
.
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
@murchr - I've never bothered with those two. I track index and its components. I also keep off illiquid counters since they don't compliment trading. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 1,182
|
murchr wrote:hisah wrote:murchr wrote:hisah wrote:Ericsson wrote:Top 10 shareholders at EABL has no local representation i.e NSSF,pension fund,insurance company or individual.
NSSF which was number apparently disposed off the shares it had in the company.
The top ten is now made up of foreigners.
Seems the local investors see no good prospects in the company going forward.
The NSSF holdings was close to ksh.10 billion shillings When this thing will do a bralirwa or a BAT rally locals will be in disbelief yet again and dividends will have recovered. @hisah I know your a trader, but can you spot the next EABL/BAT from your desk? Apart from banks other companies will excite the bourse? Opinions of other guru's are invited. If KPLC gets the tariffs sorted, the repricing will be furious. Oil stocks will also reprice. Any recovery on KQ wil also see a powerful rally. The next rotation will be all about laggards as long as the bull remains intact. Merci! what's your view on carbacid and BOC? Some good news on that. Bonus & Share split
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,677 Location: NAIROBI
|
For EABL in the current financial year they will get a dent in earnings due to the following; --The higher taxes levied on alcoholic products especially beer. --Higher financing costs due to the ksh.20billion Diageo loan. This may have informed local institutional,insurance companies and pension funds to shun the counter Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Ericsson wrote:For EABL in the current financial year they will get a dent in earnings due to the following;
--The higher taxes levied on alcoholic products especially beer.
--Higher financing costs due to the ksh.20billion Diageo loan.
This may have informed local institutional,insurance companies and pension funds to shun the counter Yes this counter will get knocks. But this is temporary. That's why the BAT comparison. There is still that Ethiopia special agreement that was given to them and mpesa bank. That's what the foreigners are chasing.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,677 Location: NAIROBI
|
MPESA bank the Ethiopian government ruled out giving a second licence to a telecom operator as this will give a dent to Ethiopia telecom revenues. The Ethiopian government says it needs dividends from Ethiopia telecoms profits for use in repaying the loans it has taken to fund the huge infrastructure projects. For EABL I don't see the Ethiopia agreement happening since Diageo already bought the brewery that was sold by the government via auction Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
|
Who else can smell 5,000pts in coming days? "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
mlennyma wrote:Who else can smell 5,000pts in coming days? Safcom volume spike on 11th oct and today (after price dip) is paramount.Same script on Equity Bank
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
|
Metasploit wrote:mlennyma wrote:Who else can smell 5,000pts in coming days? Safcom volume spike on 11th oct and today (after price dip) is paramount.Same script on Equity Bank If UMK goes to Hague on 12th Nov (i expect him to do so), 5,000 points will be breached mara moja. my ten dollars Thieves
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
mkeiyd wrote:murchr wrote:hisah wrote:murchr wrote:hisah wrote:Ericsson wrote:Top 10 shareholders at EABL has no local representation i.e NSSF,pension fund,insurance company or individual.
NSSF which was number apparently disposed off the shares it had in the company.
The top ten is now made up of foreigners.
Seems the local investors see no good prospects in the company going forward.
The NSSF holdings was close to ksh.10 billion shillings When this thing will do a bralirwa or a BAT rally locals will be in disbelief yet again and dividends will have recovered. @hisah I know your a trader, but can you spot the next EABL/BAT from your desk? Apart from banks other companies will excite the bourse? Opinions of other guru's are invited. If KPLC gets the tariffs sorted, the repricing will be furious. Oil stocks will also reprice. Any recovery on KQ wil also see a powerful rally. The next rotation will be all about laggards as long as the bull remains intact. Merci! what's your view on carbacid and BOC? Some good news on that. Bonus & Share split Have you seen the rally, I should have placed my order in the morning  "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
.
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 1,182
|
murchr wrote:Have you seen the rally, I should have placed my order in the morning I stepped out just before market opened thinking i will place my orders on opening. When i got back, it was up 7%, i placed my order at 156. The rest is history. Lucky people who got in on market opening. Over 50% in a day. Hao wanze Krisi sasa.
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
CARB has vaulted 58.6% for the day... Reminds me of WTK back in 2011. But the volume fumes, not interesting. Big fight today as Mpesa bank opened @8.95 then dipped to 8.20 (8.37% down) then recouped the loss to hit a high of 9.10 and closed @9.05 on big volume. Buyers refusing to give up the 9/- handle. I expect a shakeout soon before the upthrust towards 10/- $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Safaricom Rated `Strong Buy' by Tsavo Before Trading Debut Quote:"There is already high demand for the stock," Mweni (Tsavo Securities) said in a telephone interview in Nairobi today. "We processed 2,100 applications at this office yesterday." The stock may trade at between 10 shillings and 15 shillings at the end of this year, Mweni added. April 22, 2008 - http://www.bloomberg.com...ou_KzGKY&refer=asia
The madness that was back then. Waiting for the next episode when wanjikus will dump their plots and bring back the stock mart price parabolic madness stampede  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 10/25/2009 Posts: 1
|
murchr wrote:mwekez@ji wrote:mwekez@ji wrote:jerry wrote:mwekez@ji wrote:murchr wrote:Ericsson wrote:Shame on you KENGEN we are heading towards end of October and full year results 2012/2013 are yet to be released.
CMA/ERC should not be lenient on such firms who fail to report within 3 months after close of financial year.
Banks are always penalised when they report past three months after the close of the financial period @Mweke....saidia hapa, give this guy dates LQTM ... mimi na yeye tuko boat moja. #Shame on Kengen for waiting to the last minute What do you mean by last min? We are past 3 months! CMA haina substantive BOSS CMA gives a maximum of 4 months to release audited full year results ... CBK gives a maximum of 3 months to banks to release audited full year results ... thus, Kengen has upto 31st October 2013 to release them ... Very lenient this CMA:- > CBK gives 2 months to bank to release unaudited quarterly and half year results > CMA does not ask for quarterly results and it give 3 months to companies to release unaudited half year results #CBK, Kudos #CMA, ... (anga itisha quarterly results) Ok I've now joined the band wagon, why the delay?  Judging from historical records, Kengen usually releases it's results on the 26th of October. Given they released very good half year results, we should all wait for the good results on Friday 25th or Monday 28th.
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
|
Hahahaa...buy recomendation from tsavo???underdogs "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
|
We expect kengen and hfck q3 this week. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
|
hisah wrote:Safaricom Rated `Strong Buy' by Tsavo Before Trading Debut Quote:"There is already high demand for the stock," Mweni (Tsavo Securities) said in a telephone interview in Nairobi today. "We processed 2,100 applications at this office yesterday." The stock may trade at between 10 shillings and 15 shillings at the end of this year, Mweni added. April 22, 2008 - http://www.bloomberg.com...ou_KzGKY&refer=asia
The madness that was back then. Waiting for the next episode when wanjikus will dump their plots and bring back the stock mart price parabolic madness stampede I see us ending the year on a high. Having seen what happened to carbacid today in terms of price gains,i concur with you on the sleeping giants/laggards. Im with @Obiero on KQ. Wouldnt be surprised to see it at mid tens before year end. @SufficientlyP
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
|
mlennyma wrote:Who else can smell 5,000pts in coming days? Cant wait for the looming breakout after this. Merali must be waiting to pull another 2006 on his monkey stocks @SufficientlyP
|
|
|
Rank: Hello Joined: 10/5/2013 Posts: 4
|
mlennyma wrote:Who else can smell 5,000pts in coming days? I can smell it like fresh brewed coffee
|
|
|
Wazua
»
Investor
»
Stocks
»
How to tell NSE has bottomed out
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|