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Wai!! it is a blood bath, kcb, coop, equity down 9%
PKoli
#301 Posted : Tuesday, August 30, 2016 11:51:03 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
KulaRaha wrote:
Dead cat bounce

I don't think it is a dead cat bounce; especially with the kind of volumes traded
muandiwambeu
#302 Posted : Wednesday, August 31, 2016 5:45:36 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
PKoli wrote:
KulaRaha wrote:
Dead cat bounce

I don't think it is a dead cat bounce; especially with the kind of volumes traded

its a dead cat bounce.
many of us investor's took enough time to critic the aftermath of kamwaas choices to the economic n political arena n dismissed the consequences it would have on ur core responsibility that of our investments. more precariously few have guessestimated the impact by figures. in denial and purely cluelessly we justify the moves being made on historical perspectives n perceptions that have catastrophically expired ñ failed to deliver.
profits margins have been savored by approximately 50% and this will consequently half banks stock normalised price n further declines be expected from the increased uncertainty surrounding financial stocks. simba n member trading range 15-25s.
my takes.
,Behold, a sower went forth to sow;....
newfarer
#303 Posted : Wednesday, August 31, 2016 6:13:54 AM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
muandiwambeu wrote:
PKoli wrote:
KulaRaha wrote:
Dead cat bounce

I don't think it is a dead cat bounce; especially with the kind of volumes traded

its a dead cat bounce.
many of us investor's took enough time to critic the aftermath of kamwaas choices to the economic n political arena n dismissed the consequences it would have on ur core responsibility that of our investments. more precariously few have guessestimated the impact by figures. in denial and purely cluelessly we justify the moves being made on historical perspectives n perceptions that have catastrophically expired ñ failed to deliver.
profits margins have been savored by approximately 50% and this will consequently half banks stock normalised price n further declines be expected from the increased uncertainty surrounding financial stocks. simba n member trading range 15-25s.
my takes.

Can't you put some commas, almost suffocating trying to finish your comment
punda amecheka
Ericsson
#304 Posted : Wednesday, August 31, 2016 7:16:39 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
http://www.zerohedge.com...holder-474-big-companies
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
tom_boy
#305 Posted : Wednesday, August 31, 2016 7:24:16 AM
Rank: Member


Joined: 2/20/2007
Posts: 767
muandiwambeu wrote:
PKoli wrote:
KulaRaha wrote:
Dead cat bounce

I don't think it is a dead cat bounce; especially with the kind of volumes traded

its a dead cat bounce.
many of us investor's took enough time to critic the aftermath of kamwaas choices to the economic n political arena n dismissed the consequences it would have on ur core responsibility that of our investments. more precariously few have guessestimated the impact by figures. in denial and purely cluelessly we justify the moves being made on historical perspectives n perceptions that have catastrophically expired ñ failed to deliver.
profits margins have been savored by approximately 50% and this will consequently half banks stock normalised price n further declines be expected from the increased uncertainty surrounding financial stocks. simba n member trading range 15-25s.
my takes.


@mwa.... spot on. 50% drop in member EPS , assuming PE of 7 equals price of 14 - 20sh at best. Ditto for Simba.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
Aguytrying
#306 Posted : Wednesday, August 31, 2016 8:26:53 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
PKoli wrote:
instinct wrote:
watesh wrote:
KCB supply has dried up at the moment just around 150k shares up for grabs



any move towards 30 will be violently resisted...

I think kcb and equity will be comfortably in the 30s zone by end of Friday this week.


My thoughts too elder. The leg down was exaggerated and the reset back up to a new normal is on the cards.

Volumes traded is the support. Boy was it massive over the 2 days. Foreigners been bought out. Was it planned???
The investor's chief problem - and even his worst enemy - is likely to be himself
Ericsson
#307 Posted : Wednesday, August 31, 2016 9:28:15 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
James Mwangi was scared and was even panicking about the cap in the interest rates.
This was evident even in equity bank's half year presentation.
As for KCB; Oigara was calm and cool and said let's wait and see
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KulaRaha
#308 Posted : Wednesday, August 31, 2016 9:34:12 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Ericsson wrote:
James Mwangi was scared and was even panicking about the cap in the interest rates.
This was evident even in equity bank's half year presentation.
As for KCB; Oigara was calm and cool and said let's wait and see


Oigara works for KCB, Mwangi OWNS Equity. Big diff.
Business opportunities are like buses,there's always another one coming
Ericsson
#309 Posted : Wednesday, August 31, 2016 9:52:28 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@kularaha
shauri yake kazi iendelee.
I don't think that is the difference.
Problem is he had no clue to counter.His speeches this year have been contradictory confirming the fears
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
MaichBlack
#310 Posted : Wednesday, August 31, 2016 10:21:58 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
KulaRaha wrote:
Ericsson wrote:
James Mwangi was scared and was even panicking about the cap in the interest rates.
This was evident even in equity bank's half year presentation.
As for KCB; Oigara was calm and cool and said let's wait and see


Oigara works for KCB, Mwangi OWNS Equity. Big diff.

You took the words out of my mouth!!! How do you compare an owner with an employee???
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Metasploit
#311 Posted : Wednesday, August 31, 2016 10:22:46 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Aguytrying wrote:
PKoli wrote:
instinct wrote:
watesh wrote:
KCB supply has dried up at the moment just around 150k shares up for grabs



any move towards 30 will be violently resisted...

I think kcb and equity will be comfortably in the 30s zone by end of Friday this week.


My thoughts too elder. The leg down was exaggerated and the reset back up to a new normal is on the cards.

Volumes traded is the support. Boy was it massive over the 2 days. Foreigners been bought out. Was it planned???


on 30th Aug,the 775M turnover had 700M foreign buys and 75M local buy for Equity.Foreign sale 95%
KCB had 50% foreign buy and 50% local buy.Foreign sale over 95%

on 29th Aug both Equity and KCB had 99.9% foreign buys.

Foreigners have both smart and panicky investors.

Gaps have to be filled.

Equity target at least 32.5 (When the Gap started)

The shares on offer during the slide, on both counters and the adjustment corresponding to price drop points to one entity who desperately wanted to exit on the news..

Funds have behaved like that.FTSE behaved the same during brexit

Global Markets behaved the same during the first FOMC on QE taper.

That is why we normally have volume spike as smart money takes advantage of news.

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Metasploit
#312 Posted : Wednesday, August 31, 2016 10:28:30 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
So Equity is trailing KCB

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
researchfirst
#313 Posted : Wednesday, August 31, 2016 10:30:13 AM
Rank: Member


Joined: 2/24/2015
Posts: 154
Location: Nairobi
Metasploit wrote:
Aguytrying wrote:
PKoli wrote:
instinct wrote:
watesh wrote:
KCB supply has dried up at the moment just around 150k shares up for grabs



any move towards 30 will be violently resisted...

I think kcb and equity will be comfortably in the 30s zone by end of Friday this week.


My thoughts too elder. The leg down was exaggerated and the reset back up to a new normal is on the cards.

Volumes traded is the support. Boy was it massive over the 2 days. Foreigners been bought out. Was it planned???


on 30th Aug,the 775M turnover had 700M foreign buys and 75M local buy for Equity.Foreign sale 95%
KCB had 50% foreign buy and 50% local buy.Foreign sale over 95%

on 29th Aug both Equity and KCB had 99.9% foreign buys.

Foreigners have both smart and panicky investors.

Gaps have to be filled.

Equity target at least 32.5 (When the Gap started)

The shares on offer during the slide, on both counters and the adjustment corresponding to price drop points to one entity who desperately wanted to exit on the news..

Funds have behaved like that.FTSE behaved the same during brexit

Global Markets behaved the same during the first FOMC on QE taper.

That is why we normally have volume spike as smart money takes advantage of news.


It can be panic selling, but not necessarily. One important thing to remember with certain big funds is they have investment rules they must follow. So, for example, an index tracker has to sell if a counter is dropped out of an index regardless of fundamentals. Same thing can apply to a percentage decline on a holding for others. My guess is that, in this case, once a certain threshold was triggered, one or more funds had no choice but to liquidate their position(s). Great for the rest of us!
mlennyma
#314 Posted : Wednesday, August 31, 2016 10:30:41 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Metasploit wrote:
So Equity is trailing KCB

meaning more fear in equity because it was above kcb before ,meanwhile let's enjoy a temporary green market
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#315 Posted : Wednesday, August 31, 2016 10:33:04 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Ericsson wrote:
James Mwangi was scared and was even panicking about the cap in the interest rates.
This was evident even in equity bank's half year presentation.
As for KCB; Oigara was calm and cool and said let's wait and see

Owner
Employee
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
moneydust
#316 Posted : Wednesday, August 31, 2016 11:32:05 AM
Rank: Member


Joined: 1/31/2007
Posts: 304
VituVingiSana wrote:
Ericsson wrote:
James Mwangi was scared and was even panicking about the cap in the interest rates.
This was evident even in equity bank's half year presentation.
As for KCB; Oigara was calm and cool and said let's wait and see

Owner
Employee


Enough said..incomparable
obiero
#317 Posted : Wednesday, August 31, 2016 1:36:44 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,549
Location: nairobi
tom_boy wrote:
muandiwambeu wrote:
PKoli wrote:
KulaRaha wrote:
Dead cat bounce

I don't think it is a dead cat bounce; especially with the kind of volumes traded

its a dead cat bounce.
many of us investor's took enough time to critic the aftermath of kamwaas choices to the economic n political arena n dismissed the consequences it would have on ur core responsibility that of our investments. more precariously few have guessestimated the impact by figures. in denial and purely cluelessly we justify the moves being made on historical perspectives n perceptions that have catastrophically expired ñ failed to deliver.
profits margins have been savored by approximately 50% and this will consequently half banks stock normalised price n further declines be expected from the increased uncertainty surrounding financial stocks. simba n member trading range 15-25s.
my takes.


@mwa.... spot on. 50% drop in member EPS , assuming PE of 7 equals price of 14 - 20sh at best. Ditto for Simba.

Madness. How does a 4% drop in one income line qualify for 50% drop in EPS.. People assume that banks only derive income from lending.. There is cash queue, ATM, merchant line, trade services, forex, interbank lending, government billing, subsidiary business for the top tier.. Surely such an unfounded statement shouldn't appear in wazua

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
KulaRaha
#318 Posted : Wednesday, August 31, 2016 1:39:50 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Kenyan banks derive 70% of revenue from net interest income. Enough said.
Business opportunities are like buses,there's always another one coming
obiero
#319 Posted : Wednesday, August 31, 2016 1:41:21 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,549
Location: nairobi
KulaRaha wrote:
Kenyan banks derive 70% of revenue from net interest income. Enough said.

Kindly place the financials for Equity H1, right here

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
mlennyma
#320 Posted : Wednesday, August 31, 2016 1:48:17 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
obiero wrote:
KulaRaha wrote:
Kenyan banks derive 70% of revenue from net interest income. Enough said.

Kindly place the financials for Equity H1, right here

people have made money in this drama and are now preparing to sell
"Don't let the fear of losing be greater than the excitement of winning."
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