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Bamburi Cement HY2014 PBT down 28%
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Tall Order wrote:This Bamburi strategy has puzzled me too, despite a decline, they declared a healthy dividend? They have alot of cash on their balance sheet. Life is short. Live passionately.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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sparkly wrote:madebe wrote:fellow investor,
Bamburi is amongst a few shares i have never owned in my 18 yrs of stock trading at the NSE. i know it is losing its sparkle, but i believe there is some residual value. its now at 159 and i believe very very soon it will be a play stock. technical analysts, what is the graph saying?
The support is usually at 140. Buy at that price, sell at 200-210. If support is tested at 130 - 140 range and fails  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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hisah wrote:sparkly wrote:madebe wrote:fellow investor,
Bamburi is amongst a few shares i have never owned in my 18 yrs of stock trading at the NSE. i know it is losing its sparkle, but i believe there is some residual value. its now at 159 and i believe very very soon it will be a play stock. technical analysts, what is the graph saying?
The support is usually at 140. Buy at that price, sell at 200-210. If support is tested at 130 - 140 range and fails with competition heating up and a black Monday happens, it may go to lows of sub 100 before the next major rebound.
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Rank: Elder Joined: 12/4/2009 Posts: 10,809 Location: NAIROBI
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Very high volumes being recorded today.The turnover is ksh.194mn.There is a massive selloff in the counter. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 2/7/2014 Posts: 155
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Ericsson wrote:Very high volumes being recorded today.The turnover is ksh.194mn.There is a massive selloff in the counter. One large quantity of 693,100.....
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Rank: Member Joined: 1/4/2013 Posts: 255
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Still buying  The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:sparkly wrote:madebe wrote:fellow investor,
Bamburi is amongst a few shares i have never owned in my 18 yrs of stock trading at the NSE. i know it is losing its sparkle, but i believe there is some residual value. its now at 159 and i believe very very soon it will be a play stock. technical analysts, what is the graph saying?
The support is usually at 140. Buy at that price, sell at 200-210. If support is tested at 130 - 140 range and fails Year low of 140 broken today with a new print of 135.
@aguy - hold on tight for when that support zone breaks down, 100 will likely be tested!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 1/4/2013 Posts: 255
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:hisah wrote:sparkly wrote:madebe wrote:fellow investor,
Bamburi is amongst a few shares i have never owned in my 18 yrs of stock trading at the NSE. i know it is losing its sparkle, but i believe there is some residual value. its now at 159 and i believe very very soon it will be a play stock. technical analysts, what is the graph saying?
The support is usually at 140. Buy at that price, sell at 200-210. If support is tested at 130 - 140 range and fails Year low of 140 broken today with a new print of 135.
@aguy - hold on tight for when that support zone breaks down, 100 will likely be tested! I've become a specialist in holding laggards. but what could be causing the sharp drop in share price. 135 is almost the price it was during the 2011 EU crisis! The investor's chief problem - and even his worst enemy - is likely to be himself
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Bamburi Cement HY2014 PBT down 28%
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