wazua Mon, Jan 13, 2025
Welcome Guest Search | Active Topics | Log In | Register

15 Pages«<56789>»
Pan Africa Insurance 1H13 PAT jumps 266%
Mukiri
#121 Posted : Friday, November 29, 2013 1:30:46 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,222
mibbz wrote:
Seems when i said profit taking people actually followed, 36k shares on sale and 3k bids. sellers need to be calm and hold onto their stock so that the lopsided demand-supply curve can even out above 90 and consolidate past that. Big buyers are still there but awaiting a discount which sellers are easily giving.....Insurance amendment just passed and thats a huge plus for this industry

ION news, Carbacid is on steroids

Is that a Pan African thing, or insurance as an industry? CIC is losing points too

Proverbs 19:21
mkeiyd
#122 Posted : Friday, November 29, 2013 1:56:03 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 1,182
Magnate wrote:
mibbz wrote:
Sellers offloading 12500 shares from ksh 100 and buyers wanting a piece of action at ksh 94;lets see if the shall meet half way of if buyers meet sellers at ksh 100
All in all i still believe there is 50% to be made from ksh 100 to 150 by announcement of results,still a buy


This counter shall pull a carbacid like move....



watching..

i will still buy even @ 100 i have confidence in this bus...140-150 should print before Feb 2014.

when it touches 100 investors become emotional and start scrambling.it wont stay in the 100-109 zone for more than a week.watch this space...


Its below 82, you must be happy buying.
Ericsson
#123 Posted : Friday, November 29, 2013 2:28:26 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Profit taking in full swing.
the Kenyan currency is also weakening versus the major currencies;
US Dollar-86.99
Euro--118 Weakened by ksh.4 in November
British Pound--142
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
young
#124 Posted : Friday, November 29, 2013 4:18:49 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
young wrote:
Panafric is becoming a mad counter.
The rate of rise is alarming without any
technical reason.

Am not so excited to buy a stock at 57
in July and it is now approaching 100.
I prefer slow and consistent rise like safcom
powered by a positive news.

Is Q3 result of Panafric out?

I expected 75- 80 bob end of 2013,then circa
120 bob end of 2014.

To me it is a little bit scary. If I am
speculating I would have thought of exciting
as I do not understand the everyday-price-gain
without any fundamental reason for the past
3 weeks.

I am bring realistic. Fingers crossed!

The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#125 Posted : Friday, November 29, 2013 4:31:50 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Let us be realistic folks, we should not
be caried away be abnormal and sharp
stocks rise!!!
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#126 Posted : Friday, November 29, 2013 4:37:07 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
For the 3 stars the realistic 2013 closing figures
are
Panafric. 75-80 bob
Hfck. 30 bob
Safcom. 10 bob

For 2014 as follows
Panafric. 120 bob
Hfck. 45 bob
Safcom. 15 bob
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#127 Posted : Friday, November 29, 2013 4:41:27 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Let me add the next year price targets for the current 2013 lack lustre performers that will
deliver salutry results in 2014

Equity. 60
Bamburi. 320
Kengen. 24 bob (post rigthts)
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
mibbz
#128 Posted : Monday, December 02, 2013 10:43:46 AM
Rank: Member


Joined: 2/18/2011
Posts: 448
As i said,sellers need to calm down and stop panic selling. Look at Pan Africa with demand almost 30 times the supply resulting in a small price gain vs CIC with supply 10 times more than demand resulting in a slide in price

Its no secret insurance companies are the stars for 2013,we just need to hold till results some in 8 weeks;its a long time but thats the only way to get what we want

ION carbacid shareholders must be trooping to DT Dobie....uts surely going back to where it was pre-split.Thats a very sweet ride
Magnate
#129 Posted : Monday, December 02, 2013 1:27:49 PM
Rank: Member


Joined: 11/1/2013
Posts: 257
mkeiyd wrote:
Magnate wrote:
mibbz wrote:
Sellers offloading 12500 shares from ksh 100 and buyers wanting a piece of action at ksh 94;lets see if the shall meet half way of if buyers meet sellers at ksh 100
All in all i still believe there is 50% to be made from ksh 100 to 150 by announcement of results,still a buy


This counter shall pull a carbacid like move....



watching..

i will still buy even @ 100 i have confidence in this bus...140-150 should print before Feb 2014.

when it touches 100 investors become emotional and start scrambling.it wont stay in the 100-109 zone for more than a week.watch this space...


Its below 82, you must be happy buying.


smile
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
Magnate
#130 Posted : Tuesday, December 03, 2013 1:24:06 PM
Rank: Member


Joined: 11/1/2013
Posts: 257
mibbz wrote:
As i said,sellers need to calm down and stop panic selling. Look at Pan Africa with demand almost 30 times the supply resulting in a small price gain vs CIC with supply 10 times more than demand resulting in a slide in price

Its no secret insurance companies are the stars for 2013,we just need to hold till results some in 8 weeks;its a long time but thats the only way to get what we want

ION carbacid shareholders must be trooping to DT Dobie....uts surely going back to where it was pre-split.Thats a very sweet ride


@mibbz..we had a small puncture that brought us down to 82..tire fixed. now lets continue with the ride
@91.0
Demand 75,600
Supply 4000
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
mibbz
#131 Posted : Tuesday, December 03, 2013 1:45:10 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
@magnet sellers need to ring fence and sit on that supply,this stock is a 120 bob stock and we shall await the bonus and split or dividend that may be....afterall results are just 8 weeks away!
mwekez@ji
#132 Posted : Tuesday, December 03, 2013 2:58:03 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Closing the day with zero supply at counter smile
mibbz
#133 Posted : Wednesday, December 04, 2013 2:32:47 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
price stable at 90, demand is 6 times the supply and most of the buyers are trying to drag it sub 90 with orders starting 85.50 and below.....the sellers are smart and the thin supply starts at 93.50

Of importance is the 63% net foreign inflow today at an average ksh 90;thats approximately 11200 shares of the bunch traded thus far.only NMG has a higher net foreign inflow today and that has been happening for a while now,thats another stock to watch

Lastly, i would like to take note of the fact that this post has an average 500 views a day;would like to thank the initiator of this post @mwekezaji and the various contributors like @magnate @guru267,@aguytruing,@sorovi,@vvs as well as positive criticism from @kausha and @young

people are paying attention and reading and making money thanks to wazua;the spirit of sharing

Potential sellers,lets remain firm and sit on the stock;we are near the promised land
Aguytrying
#134 Posted : Wednesday, December 04, 2013 3:37:57 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
@mibbz. youre welcome. wazua is a top Google search for almost any kenyan stock, even stocks without much info elsewhere.
I thank the initiators of this thread, thanks to then I saw the value here. I believe 150.00 and or takeover next 1-2 yrs though optimistic ain't too far fetched. if they issue a bonus....you know what to do. though in this bull share are rallying post split (carbacid) so the rules may change abit
The investor's chief problem - and even his worst enemy - is likely to be himself
Magnate
#135 Posted : Wednesday, December 04, 2013 5:45:06 PM
Rank: Member


Joined: 11/1/2013
Posts: 257
Aguytrying wrote:
@mibbz. youre welcome. wazua is a top Google search for almost any kenyan stock, even stocks without much info elsewhere.
I thank the initiators of this thread, thanks to then I saw the value here. I believe 150.00 and or takeover next 1-2 yrs though optimistic ain't too far fetched. if they issue a bonus....you know what to do. though in this bull share are rallying post split (carbacid) so the rules may change abit


@mibbz....mboss wee.. you are the driver.... sitting tight till we see a 140-150 print or bonuses & splits ..is our strategy..not forgetting the fat mouthwatering dividend coming.last year it was 3bob kudos to @mweke et al.this post had almost gone dead in Sept/Oct.you all brought it to life.
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
sorovi
#136 Posted : Wednesday, December 04, 2013 6:42:10 PM
Rank: Member


Joined: 8/3/2007
Posts: 146
yes this counter had many silent investors who were patient so see it through... got in and cant regret.. selling for me not an option for now will stay put smile smile already enjoyed the previous dividends and waiting for more Applause Applause Applause.. Any major price dip will only give me impetus to add more..
mypesa
#137 Posted : Wednesday, December 04, 2013 6:45:16 PM
Rank: Member


Joined: 8/14/2007
Posts: 111
Magnate wrote:
Aguytrying wrote:
@mibbz. youre welcome. wazua is a top Google search for almost any kenyan stock, even stocks without much info elsewhere.
I thank the initiators of this thread, thanks to then I saw the value here. I believe 150.00 and or takeover next 1-2 yrs though optimistic ain't too far fetched. if they issue a bonus....you know what to do. though in this bull share are rallying post split (carbacid) so the rules may change abit


@mibbz....mboss wee.. you are the driver.... sitting tight till we see a 140-150 print or bonuses & splits ..is our strategy..not forgetting the fat mouthwatering dividend coming.last year it was 3bob kudos to @mweke et al.this post had almost gone dead in Sept/Oct.you all brought it to life.


I boarded this bus early november. I had enquired through thread ''How to tell NSE has bottomed out'' on the stock to join so as to get btwn 25- 30k .through @Magnate's advise (i had to go through his previous posts for conviction ) I boarded with aim of exit at sh100mark. On a second thought and due to the strong believe held by majority @mwekez , mibbz among others I finally decided NOT TO SELL until the targeted value of < 120 is achieved.
To cut the story short I have learnt a lot from the great minds @wazua and equally made money by keenly following the posts . I burnt fingers with Mumias but I still hold it with hope that one day the sun will equally shine.i was able to average to 10bob but I decided NOT TO chase the price downward .. Kudos to the great minds since I even stopped getting any guide from my stockbroker any more.
Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
mibbz
#138 Posted : Thursday, December 05, 2013 12:44:46 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
Demand 5 times supply; 75k vs 15k; Edged ksh 1 higher; only 2200 shares traded thus far plus a sizeable chunk of 12500 available at 92.

This week i have noted supply increases above ksh90.....ION NMG still has massive net foreign inflow,iko kitu hapo.

All in all supply still needs to ringfence and sit on the stock if we are to ease past 100.
mibbz
#139 Posted : Saturday, December 07, 2013 1:58:57 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
That only 100 shares moved yesterday is a good sign,supply side sitting on the 90s side of the fence while demand sticking to the 80s side of life....Reminds me of the July-Sept period when this stock could go a whole day without any trade and a maximum 10k shares moving a whole week

As for the price,100 shares shall not make it stick sub 90; lets sit on the stock and await the promised land.8 weeks to end of financial year results,just 8!
mibbz
#140 Posted : Monday, December 30, 2013 1:08:39 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
Its been 20+ days since the last post; take note of the quiet and persistent surge back to Ksh 90 as off 1300 hours today with only 1200 shares on sale vs a demand of almost 20k.

This is the star of the insurance sector results;5 weeks to February,just 5 weeks!
Users browsing this topic
Guest (7)
15 Pages«<56789>»
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.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.