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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 7/21/2010 Posts: 6,194 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: 2,301 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: 14,455 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 COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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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: 18,431 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: 18,431 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: 928 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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Elliott Wave Analysis Of The NSE 20
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