Rank: Elder Joined: 6/23/2009 Posts: 14,318 Location: nairobi
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Cde Monomotapa wrote:sparkly wrote:enyands wrote:instinct wrote:Top Movers Volume Mkt.Cap. KQ 16.49M 8.83B
Who is that willing to buy 16m KQ at this point in time? Someone has a tip about something .... Might be a connected local buying as a foreigner eg a Kenyan incorporates a company in Jersey then reinvests in Kenya as a foreign investor. It's called roundtripping and there are no regulations against it in Kenya. Have some confidence people..and that comes from investing in ourselves, that way the only difference between that 'big guy' and you will be money. OK. That's why we need to be objective on Wazua. That way we maintain us being 6 to 1 year ahead of Mainstream, beating it to the buy & sell! True, if we always wait for cues from the 'big guys' then we compromise likely gains. Kaeni rada! Read, share, research! What would be the benefit to a Kenyan buying as a 'foreigner'.. Makes no sense to me. Otherwise, the volume and macro stars are all lined up. From here, its all the way up. KQ right now is the best stock at the NSE for outsized short term gains. Take off time! COOP, IMH, KEGN, KQ, MTNU
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