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How to tell NSE has bottomed out
Rank: Member Joined: 7/13/2010 Posts: 160 Location: rift Valley-Naks
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Wait a minute!this issue is happening towards the deadline for immobilization. Am just hoping some fake shares won't show up in the market remember the fake bonds saga. ''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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tkzee wrote:Wait a minute!this issue is happening towards the deadline for immobilization. Am just hoping some fake shares won't show up in the market remember the fake bonds saga. What issue??? "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: 5/25/2012 Posts: 4,105 Location: 08c
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murchr wrote:tkzee wrote:Wait a minute!this issue is happening towards the deadline for immobilization. Am just hoping some fake shares won't show up in the market remember the fake bonds saga. What issue??? Technical glitch aka computer error aka Network Breakdown aka backend system error aka NSE Blackout!! or simply NSE KPLC Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Pesa Nane wrote:murchr wrote:tkzee wrote:Wait a minute!this issue is happening towards the deadline for immobilization. Am just hoping some fake shares won't show up in the market remember the fake bonds saga. What issue??? Technical glitch aka computer error aka Network Breakdown aka backend system error aka NSE Blackout!! or simply NSE KPLC Whats that got to do with fake bonds? Am missing the link "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: 5/25/2012 Posts: 4,105 Location: 08c
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murchr wrote:Pesa Nane wrote:murchr wrote:tkzee wrote:Wait a minute!this issue is happening towards the deadline for immobilization. Am just hoping some fake shares won't show up in the market remember the fake bonds saga. What issue??? Technical glitch aka computer error aka Network Breakdown aka backend system error aka NSE Blackout!! or simply NSE KPLC Whats that got to do with fake bonds? Am missing the link @tkzee is simply drawing a parallel. We are at the tail end of MIGRATING from hardcopy certificates to electronic system. The waiganjo bonds were created during a system MIGRATION at the CBK Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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I see the Nse 20 today closing above 5000. What with Coop at 18.00, ARM at 81. HFCK at 27.00 The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Aguytrying wrote:I see the Nse 20 today closing above 5000. What with Coop at 18.00, ARM at 81. HFCK at 27.00 How can the NSE be heading to a one year high and ppl are just quiet. Ama mna nunua. Is that saf at 9.60? is that britank at 10.50? amazing. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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Aguytrying wrote:Aguytrying wrote:I see the Nse 20 today closing above 5000. What with Coop at 18.00, ARM at 81. HFCK at 27.00 How can the NSE be heading to a one year high and ppl are just quiet. Ama mna nunua. Is that saf at 9.60? is that britank at 10.50? amazing. NSE eeeeeeeh, NSE aaaaaaah! But seriously, I'm also looking at it in amazement The harder you work, the luckier you get
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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kryptonite wrote:Aguytrying wrote:Aguytrying wrote:I see the Nse 20 today closing above 5000. What with Coop at 18.00, ARM at 81. HFCK at 27.00 How can the NSE be heading to a one year high and ppl are just quiet. Ama mna nunua. Is that saf at 9.60? is that britank at 10.50? amazing. NSE eeeeeeeh, NSE aaaaaaah! But seriously, I'm also looking at it in amazement I think [going by what i did], most guys jumped ship before the June/July dip, then re-entered as from July. The capital gains are not that huge. I could be wrong though!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Equity bank emerges top mover in the past three consecutive sessions driven by foreign investors buying #TheMarketThisWeek
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mwekez@ji wrote:Equity bank emerges top mover in the past three consecutive sessions driven by foreign investors buying #TheMarketThisWeek Former all time resistance at 35 is now support. I expect this one to behave like mpesa bank after breaking above 7.50. It will be interesting when the fireworks start.$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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Revisiting post 4177 on Oct 16.
NSE 20 is getting ready to attack 5000 and 5030 (the year high) as per BB pattern on the chart. Upper BB is set at 4981 while the index closed at 4992 yesterday.
 5100 needs to break down if the bulls are to dismiss the 5000 - 5100 resistance barrier then 5200 - 5500 becomes the next levels to target. 5000 - 5100 range has rejected bulls 4 times this year. Failure on the 5th attempt will not be a good sign and this is why I state that Jan-Feb 2014 rally will be a sucker rally as long as 5100 stands as a barrier. If bulls dismiss this stubborn resistance before year end, then Q1 2014 will be as interesting as Q1 2013. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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I have now seen the signs of the bull and its slaughter. If you looked at the NSE today you'd be forgiven for thinking you were looking at 2010. The casual investors are gaining confidence in the market day by day. They know how much safcom is trading at. wait for the headlines when it reaches 10.00. For other investors, this should really be a time of fear, fear of extreme over valuation. do you sell, do you hold? you certainly cant buy over valued counters? or can you? choice is yours. It will be a time of great joy until its not. the oil finds complicate issues, the bull may last a long long time and if the market start rallying like crazy every year, who will want to be left of stocks? That's why i say its a time to be fearful. Fortunately, there are some counters that for one reason or another have not joined the fair valuation bandwagon or are "only" fairly valued ( we can now afford to be ok with fairly valued) so that gives some respite for now. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:I have now seen the signs of the bull and its slaughter. If you looked at the NSE today you'd be forgiven for thinking you were looking at 2010. The casual investors are gaining confidence in the market day by day. They know how much safcom is trading at. wait for the headlines when it reaches 10.00.
For other investors, this should really be a time of fear, fear of extreme over valuation. do you sell, do you hold? you certainly cant buy over valued counters? or can you? choice is yours.
It will be a time of great joy until its not. the oil finds complicate issues, the bull may last a long long time and if the market start rallying like crazy every year, who will want to be left of stocks?
That's why i say its a time to be fearful. Fortunately, there are some counters that for one reason or another have not joined the fair valuation bandwagon or are "only" fairly valued ( we can now afford to be ok with fairly valued) so that gives some respite for now. Still a distance away from the euphoria of 2005 - 2006 when crap was floating higher than solid counters and the avg market PER has not yet vaulted above 15 heading towards 20. Still a lot of plots and houses for sale threads as real estate fights with equities... Wanjiku will be back and it'll be obvious on the investor section threads...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@hisah. It hasn't yet reached those levels, but we may be at the beginning of that euphoria The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mpesa bank trade a high of 9.90 a day before H1 results. $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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Quote:Institutional and individual investors are expected to fly in for the two- day meeting that opens on Wednesday at the Villa Rosa Kempinsky Nairobi hotel, which is specifically cut out for deal-making.
The list of international investors includes JPMorgan, Citibank, PE firm Helios Investment Partners, as well as sovereign wealth funds KfW (German) and Proparco (French). High ranking government officials, including ministers from Kenya and Uganda, will also be in attendance. Nairobi hosts international investment summit this week - http://www.businessdaily.../-/hn19kdz/-/index.html
I can see JP Morgue and Citi are lurking around. Not a fun of this big banks, but a necessary evil. SWF is the game I've been looking forward to and I can see Ze germans and Le french are in town. $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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Market has been correcting over the last 3 sessions...5,000 remains a very strong barrier.
Interbank rate at 12% wooow!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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the deal wrote:Market has been correcting over the last 3 sessions...5,000 remains a very strong barrier.
Interbank rate at 12% wooow! crossing 5000 pts from tomorrow. just needs eabl to rise. it's far from the 400.00 it was when we crossed 5000 pts a few months back. and a few others like equity. 5000 we shall cross!! The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:the deal wrote:Market has been correcting over the last 3 sessions...5,000 remains a very strong barrier.
Interbank rate at 12% wooow! crossing 5000 pts from tomorrow. just needs eabl to rise. it's far from the 400.00 it was when we crossed 5000 pts a few months back. and a few others like equity. 5000 we shall cross!! 5000 barrier is not that easy to dismiss. A lot of bid pressure is needed. Mpesa bank has tried to keep things afloat. Big banks need to keep pushing to offer more support as mpesa bank cools off.
5000 has rejected progress 4 times. The more times the rejection happens the more likely a sucker rally will form. 5100 breakout still remains the key for bulls. Otherwise a selloff will show up.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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