wazua Fri, Mar 27, 2026
Welcome Guest Search | Active Topics | Log In

10 Pages«<34567>»
KenolKobil HY 2014 profit before tax grows X 4
hisah
#41 Posted : Thursday, August 21, 2014 11:11:40 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Sufficiently Philanga....thropic wrote:
mlennyma wrote:
Wait a minute,the game has changed,or its my system?huge exit and huge entries,wazua elders help me here

Entry volume here. Price spike expected in coming days.

High flying off the block and immediate rejection upon hitting 9/- on huge volume. Caution...

Look at the weird global oil price behaviour since Jul 2014 with all the war mongering...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
nashx
#42 Posted : Thursday, August 21, 2014 11:16:37 AM
Rank: Member

Joined: 2/28/2014
Posts: 188
Location: Nairobi
hisah wrote:
Sufficiently Philanga....thropic wrote:
mlennyma wrote:
Wait a minute,the game has changed,or its my system?huge exit and huge entries,wazua elders help me here

Entry volume here. Price spike expected in coming days.

High flying off the block and immediate rejection upon hitting 9/- on huge volume. Caution...

Look at the weird global oil price behaviour since Jul 2014 with all the war mongering...


Hisah is this a good play in the short term or this is one to hold for some time or its both at current price!!d'oh!
Offering my personal finance knowledge for free
Sufficiently Philanga....thropic
#43 Posted : Thursday, August 21, 2014 12:07:37 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
hisah wrote:
Sufficiently Philanga....thropic wrote:
mlennyma wrote:
Wait a minute,the game has changed,or its my system?huge exit and huge entries,wazua elders help me here

Entry volume here. Price spike expected in coming days.

High flying off the block and immediate rejection upon hitting 9/- on huge volume. Caution...

Look at the weird global oil price behaviour since Jul 2014 with all the war mongering...

Interesting angle this. One would have imagined the price would slowly inch up towards account release as investors take positions but alas, that didn't happen giving credence to your theory. And hence the classic 'sell the news' we are seeing here.
On the other hand, one would expect exit volume(sellers market) to be atleast at a price above previous VWAP close or 3-6months average as was the case with Mumias, not unless the company is in dire straits. Again not the case.
And thus my conclusion that it is a buyers market(entry volume).
Awaiting Mr.Market/Time to provide the answerssmile
@SufficientlyP
hisah
#44 Posted : Thursday, August 21, 2014 12:21:33 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
nashx wrote:
hisah wrote:
Sufficiently Philanga....thropic wrote:
mlennyma wrote:
Wait a minute,the game has changed,or its my system?huge exit and huge entries,wazua elders help me here

Entry volume here. Price spike expected in coming days.

High flying off the block and immediate rejection upon hitting 9/- on huge volume. Caution...

Look at the weird global oil price behaviour since Jul 2014 with all the war mongering...


Hisah is this a good play in the short term or this is one to hold for some time or its both at current price!!d'oh!

I wouldn't be quick to jump into this feel good news. Give it a week or two to see the reaction. Line in the sand is 7.90. Break down and it dips towards 6.50 - 6 then 5.50. Break above 10 hints bulls taking over.

@philanga - why I'm cautious with today's price action is it similar to the behaviour on news release in the fx world. Huge price spike suddenly big volume appears and hours later the price retraces all its gains... Sounds familiar?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mainat
#45 Posted : Thursday, August 21, 2014 12:33:53 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
The volume looks to me like two big investors changing positions...
Price will be re-rated higher
Sehemu ndio nyumba
Sufficiently Philanga....thropic
#46 Posted : Thursday, August 21, 2014 12:39:20 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
hisah wrote:
nashx wrote:
hisah wrote:
Sufficiently Philanga....thropic wrote:
mlennyma wrote:
Wait a minute,the game has changed,or its my system?huge exit and huge entries,wazua elders help me here

Entry volume here. Price spike expected in coming days.

High flying off the block and immediate rejection upon hitting 9/- on huge volume. Caution...

Look at the weird global oil price behaviour since Jul 2014 with all the war mongering...


Hisah is this a good play in the short term or this is one to hold for some time or its both at current price!!d'oh!

I wouldn't be quick to jump into this feel good news. Give it a week or two to see the reaction. Line in the sand is 7.90. Break down and it dips towards 6.50 - 6 then 5.50. Break above 10 hints bulls taking over.

@philanga - why I'm cautious with today's price action is it similar to the behaviour on news release in the fx world. Huge price spike suddenly big volume appears and hours later the price retraces all its gains... Sounds familiar?

smile Woe unto you if you don't lock in the gains,USD bulls might just knock you offsmile
@SufficientlyP
hisah
#47 Posted : Thursday, August 21, 2014 12:46:37 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
The volume looks to me like two big investors changing positions...
Price will be re-rated higher

Possible if 7.90 doesn't break down (key support) and 10 is taken out in coming weeks.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
maka
#48 Posted : Thursday, August 21, 2014 12:50:42 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Magnate wrote:
Sufficiently Philanga....thropic wrote:
mlennyma wrote:
Wait a minute,the game has changed,or its my system?huge exit and huge entries,wazua elders help me here

Entry volume here. Price spike expected in coming days.


Whaaat this market is full of surprises,what has just happened to the mini rally that was gaining momentum


smile
possunt quia posse videntur
mibbz
#49 Posted : Thursday, August 21, 2014 12:52:28 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
Foreign participation at a measly 3.81%, it's local deep pockets rocking the boat. I do believe the frenzy has settled. Bids for 2.99M shares with highest price at 8.20 while 770K available for sale from 8.50 minimum with decent volumes at 9 and 10.

There is a stalemate between bull and bear Brick wall
mibbz
#50 Posted : Thursday, August 21, 2014 12:54:28 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
But price shall go higher,demand 4 times the supply points to an increase in price from the current 8.50
10 Pages«<34567>»
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 © 2026 Wazua.co.ke. All Rights Reserved.