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How to tell NSE has bottomed out
Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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This time of the year markets slow down however the market has defied this and continued to rise with good volumes. whether we cross. 5000 or not,.this tells you the mother rally will come next year. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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mlennyma wrote:This time of the year markets slow down however the market has defied this and continued to rise with good volumes. whether we cross. 5000 or not,.this tells you the mother rally will come next year. A market retreat around this time is a time to catch up in the pickings in readiness for harvest time come Feb/Apr next year. 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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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. Good or bad,something seems to be brewing.How many greater fools does it take to make a bubble? 
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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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. Do tell, which ones?
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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NSE 20 index just squeezes past 5000 to close at 5017.78,that rise of KQ share price helping it a great deal...will it hold this time?
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Mukiri wrote: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. Do tell, which ones? TPSE, KK, HFCK, I&M and there must be others The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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FUNKY wrote:http://www.businessdailyafrica.com/Investor-s-wealth-rises-as-NSE-Index-closes-above-5000-points/-/539552/2064202/-/hpmapiz/-/index.html Quietly sneaks past 5000 to close @5017.
5100 in focus$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/4/2009 Posts: 10,677 Location: NAIROBI
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Serious profit taking occuring at KCB. Counter trading ksh.1.25 lower today.Expect the same to also happen to Safaricom Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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TCL trades: 14:30:22 30.00 822,200 30.00 0.00 0% 14:29:29 30.00 0 30.00 0.00 0% 14:29:29 30.00 1,100 30.00 0.00 0% 14:29:29 30.00 819,000 30.00 0.00 0% 14:29:28 30.00 1,000 30.00 0.00 0% 12:06:40 30.00 100 30.00 0.00 0% Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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With simba, memba, and mpesa bank closing Friday on the back foot, I expect the 5000 handle to prove slippery yet again... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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hisah wrote:With simba, memba, and mpesa bank closing Friday on the back foot, I expect the 5000 handle to prove slippery yet again... The fall by Express and Kcb will see the index lose 5000.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Pesa Nane wrote:TCL trades:
14:30:22 30.00 822,200 30.00 0.00 0%
14:29:29 30.00 0 30.00 0.00 0%
14:29:29 30.00 1,100 30.00 0.00 0%
14:29:29 30.00 819,000 30.00 0.00 0%
14:29:28 30.00 1,000 30.00 0.00 0%
12:06:40 30.00 100 30.00 0.00 0%
Interesting indeed.
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Rank: Elder Joined: 12/4/2009 Posts: 10,677 Location: NAIROBI
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NSE has been able to withstand slipping below the 5000 mark as at the close of the week; NSE ALL SHARE INDEX 134.71 NSE 20 SHARE INDEX 5,019.18 FTSE NSE Kenya 15 Index 174.41 FTSE NSE Kenya 25 Index 176.25 FTSE NSE Kenya Govt. Bond Index 91.11 MARKET CAPITALIZATION 1,894.41 TOTAL SHARE TRADED 30,033,900.00 EQUITY TURNOVER 660,387,464.00 TOTAL DEALS 1,970.00 FTSE ASEA Pan African Index 1,284.60 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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Ericsson wrote:NSE has been able to withstand slipping below the 5000 mark as at the close of the week;
NSE ALL SHARE INDEX 134.71
NSE 20 SHARE INDEX 5,019.18
FTSE NSE Kenya 15 Index 174.41
FTSE NSE Kenya 25 Index 176.25
FTSE NSE Kenya Govt. Bond Index 91.11
MARKET CAPITALIZATION 1,894.41
TOTAL SHARE TRADED 30,033,900.00
EQUITY TURNOVER 660,387,464.00
TOTAL DEALS 1,970.00
FTSE ASEA Pan African Index
1,284.60
The GainersMumias 1.47% Uchumi 1.18% KQ 4.86% Barclays 0.54% BAT 0.52% Kenol 1.15% KPLC 0.68% ARM 1.78% UNCHANGEDRea Vipingo Nation Media Stanchart Equity Bank The LosersExpress 8.75% KCB 2.63% Sasini 1.09% Safaricom 1.02% Bamburi 0.93% Kengen 0.91% Co-Op bank 0.27% EABL 0.31% Looking at the above and if the contribution of each of the twenty counters above to the value of the index is equal... How did the index end up higher today as compared to yesterday's close?,the percentage values on the losing counters(8) outweigh the gainers(also 8). Even if the contribution to the index was skewed to the heavily capitalised counters or the ones with high volume trades,it is on the losers column that you find more of them. What am i missing?
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:Pesa Nane wrote:TCL trades:
14:30:22 30.00 822,200 30.00 0.00 0%
14:29:29 30.00 0 30.00 0.00 0%
14:29:29 30.00 1,100 30.00 0.00 0%
14:29:29 30.00 819,000 30.00 0.00 0%
14:29:28 30.00 1,000 30.00 0.00 0%
12:06:40 30.00 100 30.00 0.00 0%
Interesting indeed. The Top-man commended recently; Congratulations Dr Gachao Kiuna - Young business leader of the year #AABLA2013 https://twitter.com/eyeo...8888684977520640/photo/1
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Bullish NSE rises to Africa’s third bestThe Nairobi Securities Exchange (NSE) has been Africa’s third-best performing stock market this year, trailing the continent’s top performer Malawi and the second biggest gainer, Ghana. The NSE All-Share Index (NASI), which tracks changes in prices of all listed stocks, has gained 42 per cent in the 10 months to the end of October, compared to the Malawi All Share Index’s jump of 103 per cent and Ghana’s GSE All Share Index rise of 75 per cent in the same period. NSE’s performance shows that investors have a more bullish outlook of the economy compared to West African rival Nigeria which recorded a 33.99 per cent rise in the period, and neighbours Tanzania which went up 23.72 per cent and Uganda’s 33.86 per cent.
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Rank: Member Joined: 8/14/2007 Posts: 111
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which to by at current prices for short term speculation Kenol Kobil or Kenya Airways Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Are we seeing new high on 20index today? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Although kq has seriously rallied,it has more head room in the medium to longterm,kk will hardly pass 15 but kq can easily walk over 15bob..my take. "Don't let the fear of losing be greater than the excitement of winning."
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