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Pan Africa Insurance 1H13 PAT jumps 266%
Aguytrying
#241 Posted : Tuesday, February 18, 2014 3:33:06 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
dunkang wrote:
Aguytrying wrote:
mibbz wrote:
Metasploit wrote:
mibbz wrote:
@Guru267 i respect your right to a dissenting opinion but its good to argue with facts.i shall defend the position of why this counter is a buy unlike Kenya Re.

As you are aware Sanlam was on a quest to buy stock in the open market in this company till it reaches 60%;as of November the deficit was approximately 4 Million shares for them to reach the promised land.I posted about this earlier,let me look for it so as to further elaborate the reason why i bet big on this.


Mibbz you are missing the point!

Today (18th Jan 2014),Panafrica vs Kenya Re,which one is a BUY ????

For those on Panafrica bus Dont sell until the trend changes..But for New comers i wouldnt advise a buy


@metaspolt really depends on profile of the potential investor.its akin to asking,would you buy NMG at ksh 310 or SGL at 28.



If the fire is too hot, stay out of the kitchen. wacha tu-enjoy bana.
I wouldnt have advised anybody to buy above 80.00 coz target was 100. for fy 2013 results mind you. midterm to long term. let people do what they want, even sanlam is still buying!

What do you mean "sanlam is still buying"?


subject to confirmation, but im assuming they havent. Check @mibbz post above speculating on sanlam's actions
The investor's chief problem - and even his worst enemy - is likely to be himself
mwekez@ji
#242 Posted : Tuesday, February 18, 2014 6:10:21 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Aguytrying wrote:
dunkang wrote:
Aguytrying wrote:
mibbz wrote:
Metasploit wrote:
mibbz wrote:
@Guru267 i respect your right to a dissenting opinion but its good to argue with facts.i shall defend the position of why this counter is a buy unlike Kenya Re.

As you are aware Sanlam was on a quest to buy stock in the open market in this company till it reaches 60%;as of November the deficit was approximately 4 Million shares for them to reach the promised land.I posted about this earlier,let me look for it so as to further elaborate the reason why i bet big on this.


Mibbz you are missing the point!

Today (18th Jan 2014),Panafrica vs Kenya Re,which one is a BUY ????

For those on Panafrica bus Dont sell until the trend changes..But for New comers i wouldnt advise a buy


@metaspolt really depends on profile of the potential investor.its akin to asking,would you buy NMG at ksh 310 or SGL at 28.



If the fire is too hot, stay out of the kitchen. wacha tu-enjoy bana.
I wouldnt have advised anybody to buy above 80.00 coz target was 100. for fy 2013 results mind you. midterm to long term. let people do what they want, even sanlam is still buying!

What do you mean "sanlam is still buying"?


subject to confirmation, but im assuming they havent. Check @mibbz post above speculating on sanlam's actions


smile #Making Money 2014
Candlesticks
#243 Posted : Wednesday, February 19, 2014 8:48:44 AM
Rank: New-farer


Joined: 12/16/2013
Posts: 49
Location: Nairobi
mwekez@ji wrote:
Aguytrying wrote:
dunkang wrote:
Aguytrying wrote:
mibbz wrote:
Metasploit wrote:
mibbz wrote:
@Guru267 i respect your right to a dissenting opinion but its good to argue with facts.i shall defend the position of why this counter is a buy unlike Kenya Re.

As you are aware Sanlam was on a quest to buy stock in the open market in this company till it reaches 60%;as of November the deficit was approximately 4 Million shares for them to reach the promised land.I posted about this earlier,let me look for it so as to further elaborate the reason why i bet big on this.


Mibbz you are missing the point!

Today (18th Jan 2014),Panafrica vs Kenya Re,which one is a BUY ????

For those on Panafrica bus Dont sell until the trend changes..But for New comers i wouldnt advise a buy


@metaspolt really depends on profile of the potential investor.its akin to asking,would you buy NMG at ksh 310 or SGL at 28.



If the fire is too hot, stay out of the kitchen. wacha tu-enjoy bana.
I wouldnt have advised anybody to buy above 80.00 coz target was 100. for fy 2013 results mind you. midterm to long term. let people do what they want, even sanlam is still buying!

What do you mean "sanlam is still buying"?


subject to confirmation, but im assuming they havent. Check @mibbz post above speculating on sanlam's actions


smile #Making Money 2014


Isnt this stock overbought\// speculation\??
"'Nowadays people know the price of everything and the value of nothing.' - Oscar Wilde.
Metasploit
#244 Posted : Wednesday, February 19, 2014 1:00:50 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
The silence is loud today.

No buyers for this share.If the situation repeats tomorrow,sellers will get desperate and you will get an avalanche of supply!

Market correction when the index is already at oversold levels!!

This market is getting hotter each day

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Metasploit
#245 Posted : Wednesday, February 19, 2014 1:19:50 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
100 shares trade at 128!!

We know this game.This is what is called desperation.

Lets see how it gets tomorrow!

Waiting for CFC at 100 bob with possible revisions once good supply comes in from last week entrees (T4 isnt cleared yet)

The HFCK signal today isnt good.YOU KNOW EXACTLY WHAT HAPPENS TO EQUITY et all

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
mibbz
#246 Posted : Wednesday, February 19, 2014 2:19:12 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
Metasploit wrote:
100 shares trade at 128!!

We know this game.This is what is called desperation.

Lets see how it gets tomorrow!

Waiting for CFC at 100 bob with possible revisions once good supply comes in from last week entrees (T4 isnt cleared yet)

The HFCK signal today isnt good.YOU KNOW EXACTLY WHAT HAPPENS TO EQUITY et all


@Metaspoilt;results are due on Friday.supply is currently higher than demand and there have been many trades in the 129-128 region today;its a case of how good shall the results be.if there is a bonus issue no dount this thing shall even go higher.A good dividend shall mute the stock and possibly edge it a bit lower.so lets wait,its just 2 days to go
Aguytrying
#247 Posted : Wednesday, February 19, 2014 5:23:44 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
@metaspoilt. I have noted with great concern that you are trying to predict what will happen to a stock in the next few minutes, hours and days. And you are trying to ride that perceived trend.

Im no expert but i do know, its the easiest way to lose money in stocks, especially if you try hop fom one stock to another in quick succession.

regards, a wazua brother
The investor's chief problem - and even his worst enemy - is likely to be himself
Metasploit
#248 Posted : Wednesday, February 19, 2014 5:35:44 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Aguytrying wrote:
@metaspoilt. I have noted with great concern that you are trying to predict what will happen to a stock in the next few minutes, hours and days. And you are trying to ride that perceived trend.

Im no expert but i do know, its the easiest way to lose money in stocks, especially if you try hop fom one stock to another in quick succession.

regards, a wazua brother


I dont hold any Panafrik shares.

I take short term trades often buying at correction and selling when high.

85% i have been successful.

This year alone i am around 33% Net.

The only share i hold now is CFC stanbic and HFCK.CFC bought at 85 like 3 weeks ago.( Previosly bought the same share at 54 sold at 68,bought at 63 sold at 90 and bought at 85 and looking to add more at 95-100)

HFCK bought at 26 sold at 34,bought at 30 and sold 50% today at 33.50

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Aguytrying
#249 Posted : Wednesday, February 19, 2014 6:15:34 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
@metaspoilt. it's working for you. I rem when you bought cfc at 85. just be cautious esp if market trends change
The investor's chief problem - and even his worst enemy - is likely to be himself
mibbz
#250 Posted : Wednesday, February 19, 2014 7:49:07 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
Metasploit wrote:
Aguytrying wrote:
@metaspoilt. I have noted with great concern that you are trying to predict what will happen to a stock in the next few minutes, hours and days. And you are trying to ride that perceived trend.

Im no expert but i do know, its the easiest way to lose money in stocks, especially if you try hop fom one stock to another in quick succession.

regards, a wazua brother


I dont hold any Panafrik shares.

I take short term trades often buying at correction and selling when high.

85% i have been successful.

This year alone i am around 33% Net.

The only share i hold now is CFC stanbic and HFCK.CFC bought at 85 like 3 weeks ago.( Previosly bought the same share at 54 sold at 68,bought at 63 sold at 90 and bought at 85 and looking to add more at 95-100)

HFCK bought at 26 sold at 34,bought at 30 and sold 50% today at 33.50



Am sorry you missed out on the Pan Africa ride as you hoped around and 33% is a decent return for the year till now; mr market can be a shark at times so all the best.Allowme to ask,what are your average one year returns on that strategy? Trying to compare it with other strategies
Metasploit
#251 Posted : Wednesday, February 19, 2014 9:47:58 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
mibbz wrote:
Metasploit wrote:
Aguytrying wrote:
@metaspoilt. I have noted with great concern that you are trying to predict what will happen to a stock in the next few minutes, hours and days. And you are trying to ride that perceived trend.

Im no expert but i do know, its the easiest way to lose money in stocks, especially if you try hop fom one stock to another in quick succession.

regards, a wazua brother


I dont hold any Panafrik shares.

I take short term trades often buying at correction and selling when high.

85% i have been successful.

This year alone i am around 33% Net.

The only share i hold now is CFC stanbic and HFCK.CFC bought at 85 like 3 weeks ago.( Previosly bought the same share at 54 sold at 68,bought at 63 sold at 90 and bought at 85 and looking to add more at 95-100)

HFCK bought at 26 sold at 34,bought at 30 and sold 50% today at 33.50



Am sorry you missed out on the Pan Africa ride as you hoped around and 33% is a decent return for the year till now; mr market can be a shark at times so all the best.Allow me to ask,what are your average one year returns on that strategy? Trying to compare it with other strategies


On a normal market i will go long term!But from Sep 2013 the market has been volatile and volatility is increasing!The NSE has been on a losing streak which worries even more because it is happening during earnings release season for the banks!And Most stocks are overvalued!

Last year i averaged 56 Net% Equity bank wiped a good percentage of my gains.(Bought at 35.75 sold at between 35-35.50)




“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Metasploit
#252 Posted : Wednesday, February 19, 2014 9:55:22 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Aguytrying wrote:
@metaspoilt. it's working for you. I rem when you bought cfc at 85. just be cautious esp if market trends change


I monitor the trends!Always analysing volumes for signs on weaknesses and strength on supply and demand.

On this market chances of losing or tying your money for long due to a bull trap are very high.Traders win but you must be very careful and know exactly what you are doing!

My simple strategy

1.Watch the bell weather.It gives direction on trend changes ( beginning of Correction and end of correction AND TREND REVERSAL).Safaricom has never had to struggle with a resistance for this long IMHO.Shorterm support at 11 seems to be breaking and share candlesticks chart and the BB is starting to form a bearish curve like EABL as from 1st Feb 2013.( Sold it today at 11.60)

2.Keep a calender on the FOMC meetings (Very Important)

3.Follow the Global indices and world economics

4.I follow live transactions on selected counters and watchlists.These are chosen based on events (Earnings announcement etc).(Like now we know Safcom will release good results on May 24 but we have FOMC meeting on April 29)
Live transactions are very powerful (More than candlesticks) as they help you smell strength and weakness in the Market.You see ASKS and BIDS revised UP and DOWN LIVE till sellers can no longer go down and supply starts drying or Buyers lose energy and can not revised prices up.

Always keep a note on closing BID and ASK Volume and corresponding price. (Very Important)

5.Understand and follow TA Indicators (BB,Stochastics etc)

6.On a fair valued and less volatile market follow the Wazua fundamentalists.On a overvalued and volatile Market,traders win so follow TA analysts.I only know of 3 good TA analysts in wazua

7.When you hit a bad signal cut your losses quickly. And always lock your gains before trend changes (volume spread analysis).The Panafrik guys should have done that From Monday till Yesterday when prices and volumes were good IMHO

Am very cautius coz i believe the trend is changing!

Search for my warning on Equity Bank trend reversal when i noted a very strong MACD Bearish Divergence(When it was trading at 35-35.50).We have had Dead Cat Bounces on this share but it has Never break into the 33.50-34 resistance again!

I also gave warning on EABL to SELL when the BB constricted and had a sharp breakout but on the lower Bolinger band on 6th Dec 2013.The Share has been on a high speed downward roller coaster since then.Volume spike today MIGHT signify support at 210 and possible Short term bounce but with such shares it is always good to Buy when the up trend is more obvious.Know when to exit ( 15% is always good for me)




“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Metasploit
#253 Posted : Wednesday, February 19, 2014 10:48:05 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
And btw,when a share rallies normally and then it is accelerated in 2-4 days BEWARE of the trend reversal

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
mypesa
#254 Posted : Thursday, February 20, 2014 11:48:39 AM
Rank: Member


Joined: 8/14/2007
Posts: 111
mkeiy wrote:
mibbz wrote:
the constant debates we have had over the year are finally proving what most of us thought and the stratergy is paying off.i shall alight at my stage in a few days,which is at ksh 200



Pray Pray Pray Wish you luck!

Share price on tactical retreat downwards . Any good upward push depends solely on Actual results/announcement on FY versus expected results
Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
mibbz
#255 Posted : Thursday, February 20, 2014 1:48:17 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
I acknowledge further upward movement of share price is purely dependent on announcement of solid results;i believe they are due tomorrow,today am fasting!!smile Pray
mkeiy
#256 Posted : Thursday, February 20, 2014 5:10:03 PM
Rank: Member


Joined: 1/27/2012
Posts: 851
Location: Nairobi
mibbz wrote:
I acknowledge further upward movement of share price is purely dependent on announcement of solid results;i believe they are due tomorrow,today am fasting!!smile Pray



@mibbz. I just hope you have not invited any pastor.
mibbz
#257 Posted : Thursday, February 20, 2014 5:47:20 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
mkeiy wrote:
mibbz wrote:
I acknowledge further upward movement of share price is purely dependent on announcement of solid results;i believe they are due tomorrow,today am fasting!!smile Pray



@mibbz. I just hope you have not invited any pastor.



Hahaha, nice one. By the way @mkeiy,this post is getting an average 1000 views a day;seems wazua is bringing everyone together. The other day i peeked into the club sk page(the green tab above) and must admit there are some hilarious folks over there....good comedy incase any investor is stressed out
ecstacy
#258 Posted : Thursday, February 20, 2014 6:05:47 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
Do NOT be GREEDY!! This share is a SELL at MARKET PRICE.
Boris Boyka
#259 Posted : Thursday, February 20, 2014 6:07:07 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
mibbz wrote:
mkeiy wrote:
mibbz wrote:
I acknowledge further upward movement of share price is purely dependent on announcement of solid results;i believe they are due tomorrow,today am fasting!!smile Pray



@mibbz. I just hope you have not invited any pastor.



Hahaha, nice one. By the way @mkeiy,this post is getting an average 1000 views a day;seems wazua is bringing everyone together. The other day i peeked into the club sk page(the green tab above) and must admit there are some hilarious folks over there....good comedy incase any investor is stressed out

@mkeiy hope you've confirmed the "fasting" now from KK
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
mibbz
#260 Posted : Thursday, February 20, 2014 6:25:26 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
Boris Boyka wrote:
mibbz wrote:
mkeiy wrote:
mibbz wrote:
I acknowledge further upward movement of share price is purely dependent on announcement of solid results;i believe they are due tomorrow,today am fasting!!smile Pray



@mibbz. I just hope you have not invited any pastor.



Hahaha, nice one. By the way @mkeiy,this post is getting an average 1000 views a day;seems wazua is bringing everyone together. The other day i peeked into the club sk page(the green tab above) and must admit there are some hilarious folks over there....good comedy incase any investor is stressed out

@mkeiy hope you've confirmed the "fasting" now from KK


@boris it was on a light note,learnt not to involve emotions in money games after the Uchumi collapse in 06 and safaricom post ipo suppression
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