happy new year and happy hunting. the former driver sasa is a conda telling ppl to enter. maajabu haya.

I'm happy with the 20b bond imagine how much profits will grow and shareprice will follow

Am looking for the next bluechip, any insight?

equity and eabl look enticing of late. but the valuations watch on that

Thanks @Aguy, I will jump into EABL once it hits 280s or a PE of less than 30 then I wait for a 400/- in a few months.

@CDE look at NBK 2013 must have been a very good year for u

For the luggard blue chips that will perform
well in 2014 consider
EABL 290 or below
BAMBURI below 200

Eabl will peak at 400 bob and Bamburi at
320 bob when the chips are down as they
are at their bottoms at the moment.

Also KENGEN below 14 bob is a good entry
point as it will peak at 21 bob in 2014.


But dont forget the 3 stars
Safaricom at 15 bob in 2014
Panafric at 120 bob in 2014
HFCK at 45 bob in 2014

Goodwill Game Changer nonetheless. Feb. 14th.

Left to hope, wherever you are Cde Youcan'tstopusnow aka @ycsun - Big Up!! Of course, "GOD BLESS YOUR LIFE"

Bamburi and Safaricom too ambitious. Too much price competition in cement sector. Safaricom already trading on high PE multiples dont expect much growth in revenues.

I miss them too he's been away since Aug I hope he's fine

NSE closed 2013 below 5000 despite the mad rush in the market... That level rejected bulls more than 3 times. Got concerned when 5100 also threw a fit and resembles a classic upthrust push. 5000 - 5500 is a resistance forest that needs sizable bid volume to dismiss. That power has been foreign based. Foreign markets sit at frothy high levels currently with some TA tools flashing red. E.g. Dow's 10yr chart RSI overbought trendline has refused to cheer the mad rally towards 16k level. FTSE too not looking solid. The equities bull is pinned at Q4 2011 and gold went down hard from all time highs. Q4 2013 some interesting volume is noted on equities with gold the opp of 2011. NSE bid power is from foreigners whose markets are frothy and a selloff looks very likely as volatility reminds markets that it still lurks around.

Risk management will be key this year whether at NSE or global marts. Keep an eye on gold, USD, 10yr US bonds as well as UK, Italy, Spain, Ireland, Turkey, Saudi, S.Korea, Indonesia, China & Jap for global snapshot.

I still fancy NSE laggards (KK, NBK, KPLC) and expect them to withstand or fair better when the selling weather sets in. MSC is not yet there. Just to add HAFR will cook more turkeys and the volume tells the story; high vol causing price dive kama MSC. Caution.

Added KK @9.40 and KQ @10.50 (when highlighting the breakout to @obiero) to make it Mpesa bank, CFC, member, KK, KQ and PAFR (though a small size which I took while I debated with NBK for quick trade gains. Will sell post FY results).

I don't fancy financials this year and will only keep CFC for my trading game.

Globally bearish on equties esp financials, getting ready to short sell a lot. Expect to see a strong USD though briefly. Bullish on gold/silver and fancy the swiss franc. That euro/swiss floor @1.20 will be where the fight starts when it breaks down...

All the best in 2014...

#Markets hate confessions which are too many now... Confessions precede a debasement.