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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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The market may be depressed but the volumes trading on some counters inspire alot of hope kcb=9.8m,safcom=8.4m,equity =8.3m,one day the bull will return to mate. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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mlennyma wrote:The market may be depressed but the volumes trading on some counters inspire alot of hope kcb=9.8m,safcom=8.4m,equity =8.3m,one day the bull will return to mate. 
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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hisah wrote:hisah wrote:obiero wrote:VituVingiSana wrote:hisah wrote:@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller.  NBK has issues regardless of high T-Bill rates or a bear market. It is under-capitalized [poor CARs] and lives on the largesse of GoK. If its loan book was assessed using metrics of more conservative banks, it would be closed down faster than Imperial Bank! True. That is why GoK will soon combine NBK, Consolidated and Development banks. In a few months.. Wedge breakout to the downside as price prints below 15 handle to close at 14.80. Sharp plunge coming up! Breaks below 14 handle. VWAP at 13.85 and prints a new all time low of 13.55. Wedge breakouts are usually powerful when the move gets going.
All time low is much lower. I remember it trading sub 2 bob in the days of manual trading. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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sparkly wrote:hisah wrote:hisah wrote:obiero wrote:VituVingiSana wrote:hisah wrote:@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller. NBK has issues regardless of high T-Bill rates or a bear market. It is under-capitalized [poor CARs] and lives on the largesse of GoK. If its loan book was assessed using metrics of more conservative banks, it would be closed down faster than Imperial Bank! True. That is why GoK will soon combine NBK, Consolidated and Development banks. In a few months.. Wedge breakout to the downside as price prints below 15 handle to close at 14.80. Sharp plunge coming up! Breaks below 14 handle. VWAP at 13.85 and prints a new all time low of 13.55. Wedge breakouts are usually powerful when the move gets going.
All time low is much lower. I remember it trading sub 2 bob in the days of manual trading. @cde's bank.. no charts needed here. we shall be at KES 12 by next week
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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NBK shelves expansion plan to preserve capitalThe bank said the current headroom of 0.9 per cent in terms of total capital to total risk-weighted assets — which is an indication of the relationship between capital and assets — was equivalent to Sh13 billion in loans and advances given that many other assets on the balance sheet could be expanded without adding risk.http://www.businessdaily...4/-/2xtpeq/-/index.html
Non-funded income. The stats of volumes moving through agency banking & ICT channels have been well documented. Minimal client acquisition costs and 24Hrs. I am still bullish of the RMB FX income. So, retain earnings. If CBA was listed, it would be among the few exceptional banks to buy.
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Cde Monomotapa wrote:NBK shelves expansion plan to preserve capitalThe bank said the current headroom of 0.9 per cent in terms of total capital to total risk-weighted assets — which is an indication of the relationship between capital and assets — was equivalent to Sh13 billion in loans and advances given that many other assets on the balance sheet could be expanded without adding risk.http://www.businessdaily...4/-/2xtpeq/-/index.html
Non-funded income. The stats of volumes moving through agency banking & ICT channels have been well documented. Minimal client acquisition costs and 24Hrs. I am still bullish of the RMB FX income. So, retain earnings. If CBA was listed, it would be among the few exceptional banks to buy. You enjoy scraping at the bottom of the barrel. Good luck with KQ & NBK. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@vvs "I Skate To Where the Puck Is Going To Be" - tafakari ya Babu. Moreover, you might be deep in this game but got the rules missing.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Fed hikes rates by 0.25%. First rate hike in 9 yrs. Next year markets will be volatile when junk bond market starts coughing! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Cde Monomotapa wrote:@vvs "I Skate To Where the Puck Is Going To Be" - tafakari ya Babu. Moreover, you might be deep in this game but got the rules missing. Well, apparently you haven't been skating to where KQ's puck ended up  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 7/1/2014 Posts: 904 Location: sky
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hisah wrote:
Fed hikes rates by 0.25%. First rate hike in 9 yrs. Next year markets will be volatile when junk bond market starts coughing!
this one thing i have never understand well, the small percentage (0.25) why is that small percentage expected to have a big impact? what if they raise by 2% 5% or such like figures, somebody educate me here There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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littledove wrote:hisah wrote:
Fed hikes rates by 0.25%. First rate hike in 9 yrs. Next year markets will be volatile when junk bond market starts coughing!
this one thing i have never understand well, the small percentage (0.25) why is that small percentage expected to have a big impact? what if they raise by 2% 5% or such like figures, somebody educate me here 0.25% on trillions of USD debt is not loose change... If they were to hike by 100bps debt markets would blow up!
Focus is now trained on how Fed plans to unwind the $4.5 trillion in their books. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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The BULLS are back given that mini campaigns will begin next year the government will want to make the economy liquid to sway votes in their favour. 2016 will be a year of mammoth rally across all counters take position now people. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Spikes wrote:The BULLS are back given that mini campaigns will begin next year the government will want to make the economy liquid to sway votes in their favour. 2016 will be a year of mammoth rally across all counters take position now people. You can't make the economy liquid when you're broke.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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The US economy is gigantic so 0.25% change is huge.
In essence when you look at any figures, check how large the amounts are in quantity as well as the percentages. This will tell you what you are dealing with
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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If the government will be broke then Jubilee administration will find it so hard to rig elections. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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I believe Jubilee started collecting money for campaigns long time ago.
Going by the many corruption scandals they have enough. Wait and see
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Closely watching the volume churn in Dec across the heavyweight counters. Last year large volume churned in Dec (traditionally a quiet month) which was quite strange. This Dec the same pattern is repeating though the volume is not as high as last year, but still higher than Dec average volume. If the pattern mirrors 2014 end of year book squaring then it means the mini rally that will ensue will run out of steam in Apr/May. If the June budget is another ridiculous debt binge (2 trillion plus) the market will hit the decks again! The Fed rate hike has already pulled a lot of rug out of the risky markets! This will become clear as 2016 progresses. Good luck to CBK as it tries to force KES to strengthen vs USD. That's a hopeless battle as capital flies back into USD markets. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Brent is breaking below critical levels!!! Deflation getting muscular as commodos unwind without pause!  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Spikes wrote:If the government will be broke then Jubilee administration will find it so hard to rig elections. The government is broke because of the theft of funds BUT there is still more than enough for Jubilee to steal to help rig the elections. After all, you still pay taxes... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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hisah wrote:
Fed hikes rates by 0.25%. First rate hike in 9 yrs. Next year markets will be volatile when junk bond market starts coughing!
I never thought these guys would have the cojones to pull this off. Price for 'credibility'I guess.....which will be eroded massively once the econ meltdown is firmly underway. Might as well start betting on when they will backtrack/back pedal by cutting the rates. Q2 2016??? All in all (with the fed hike being the catalyst plus a host of other reasons), next year is sure to be one hell of a smack down in the markets. The main purpose of the stock market is to make fools of as many people as possible.
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Elliott Wave Analysis Of The NSE 20
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