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never ready eveready rising
subaru
#1 Posted : Tuesday, March 16, 2010 8:37:15 AM
Rank: Member


Joined: 3/15/2010
Posts: 391
Location: nairobie
going up n up a stock some people fear despite its high returns
guru267
#2 Posted : Tuesday, March 16, 2010 8:49:23 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
i really dont know why this stock is rising Think .... out of all the gainers this stock stinks of speculation probably because it is a penny stock...

its trading with a P/E of more than 30 and yet it has declining revenues/profits and faces increased competition so in otherwords it has zero fundamentals going for it....


Mark 12:29
Deuteronomy 4:16
selah
#3 Posted : Tuesday, March 16, 2010 10:34:09 AM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
I think this company, after restructuring and maintaining a lean staff, will see its revenue start growing especially from its diversified product portfolio.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
redondo
#4 Posted : Tuesday, March 16, 2010 12:22:44 PM
Rank: Member


Joined: 12/2/2009
Posts: 161
Location: nairobi
@ guru267 I agree with you. Eveready just doest make sense to me. I know that they are diversifying their portfolio but their core business is still largely based on a range of consumer batteries which are threatened by cheaper imports and the rural electrification program. i suspect the rally in their share price is temporary.
They should probably consider going into mobile phone batteries or something
VituVingiSana
#5 Posted : Tuesday, March 16, 2010 1:21:48 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
LOL.... NeverReady...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
yaserbigchair
#6 Posted : Tuesday, March 16, 2010 1:56:29 PM
Rank: Member


Joined: 7/19/2006
Posts: 113
Location: Mombasa
This stock has a lot of Demand, yesterday's were 420,000 demand over supply of 26,000 today's demand is 211,000 demand over supply of 94,000. The stock should be heading NORTH but I guess Kenyans are selling them cheap! They should reach 7.5 by end of this week "only if" Sellers should go for better price.
Sound that I love most: Is the ringing bell of Stock Market.
kizee
#7 Posted : Tuesday, March 16, 2010 2:09:50 PM
Rank: Member


Joined: 1/9/2008
Posts: 537
YASER IS BACK!
muganda
#8 Posted : Tuesday, March 16, 2010 2:58:11 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
yaserbigchair wrote:
This stock has a lot of Demand


Isn't it surprising how beautiful, elegant, full of character a stock looks when it's price is rising everyday? Dangerous...
guru267
#9 Posted : Tuesday, March 16, 2010 3:16:09 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@muganda you are right.. this stock may burn alot of people
Mark 12:29
Deuteronomy 4:16
sparkly
#10 Posted : Tuesday, March 16, 2010 9:03:02 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
I just don't get what drives this stock!
Life is short. Live passionately.
kelele
#11 Posted : Wednesday, March 17, 2010 3:02:11 AM
Rank: New-farer


Joined: 1/9/2010
Posts: 18
If the market was all logic and numbers, most of you falks bashing this counter would be filth rich by now.
subaru
#12 Posted : Wednesday, March 17, 2010 6:38:51 AM
Rank: Member


Joined: 3/15/2010
Posts: 391
Location: nairobie
i suspected something was behind this Eveready to reduce costs and upgrade product line
sheep
#13 Posted : Wednesday, March 17, 2010 7:46:48 AM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
@Yaser,

Could you by any chance be Merali or one of his proxies?
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
Jaguar
#14 Posted : Wednesday, March 17, 2010 8:45:19 AM
Rank: Member


Joined: 6/7/2007
Posts: 263
Location: humu humu
@sheep, its called Greater fool theory
2012
#15 Posted : Wednesday, March 17, 2010 10:36:35 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
kelele wrote:
If the market was all logic and numbers, most of you falks bashing this counter would be filth rich by now.


You've hit the nail on the kichwas!
To read this market you must understand that after the Safaricom IPO the nse changed to a speculator's heaven. My portfolio had stagnated at btwn 5% and negative 10%) but has really picked after I diverted 20% of my portfolio to speculative.

BBI will solve it
:)
VituVingiSana
#16 Posted : Wednesday, March 17, 2010 12:11:48 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
@2012 - Folks are not bashing the 'stock but the firm...

Since I do not (generally) speculate... I am out of Sasini unless it is priced much lower!

I think merali is a crook. I am sorry... he is a crook...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#17 Posted : Thursday, March 18, 2010 7:35:51 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS i'm very interested to know what Merali ever did you? Eh? what if he's a member of this forum
Mark 12:29
Deuteronomy 4:16
guru267
#18 Posted : Thursday, March 18, 2010 7:42:51 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
i think this is happening to this stock simply because it is liquid and a penny stock...

i hope the same thing happens to KPLC after the split...
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#19 Posted : Thursday, March 18, 2010 10:37:07 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
guru267 wrote:
@VVS i'm very interested to know what Merali ever did you? Eh? what if he's a member of this forum

Mwizi...
So what if he is a member... even he knows he is a thief...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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