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Madness at the NSE
Angelica _ann
#1071 Posted : Friday, September 23, 2016 10:10:40 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
Spikes wrote:
Ericsson wrote:
@hisah
So we wait for it at sh.15



Yes. It has been my dream, my song.

Keep on waiting, kumeza mate ni free smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
hisah
#1072 Posted : Friday, September 23, 2016 10:11:57 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Ericsson wrote:
@hisah
So we wait for it at sh.15

I don't see how the price will dip vs that support level. I expect a retest of 21.50 after filling the gap at 20 handle as the price gapped down exdiv.

My target is still 23 since nothing has changed as per the current structure. Once we get there I'll evaluate what next.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ericsson
#1073 Posted : Friday, September 23, 2016 10:36:08 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
@hisah
23 ni ndoto for now.We are heading towards elections so investors will be shying away.
Funds may move to Nigeria if they manage to stabilise their market.
After elections is when you can talk about 23.
15 is a possibility between now and polls date
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
hisah
#1074 Posted : Friday, September 23, 2016 10:40:41 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Ericsson wrote:
@hisah
23 ni ndoto for now.We are heading towards elections so investors will be shying away.
Funds may move to Nigeria if they manage to stabilise their market.
After elections is when you can talk about 23.
15 is a possibility between now and polls date

No problem. But from my experience, markets don't operate logically especially when curve ball events trigger e.g. brexit and in KE the shock rate cap.

Few expected KE bank stocks to crash. Many expect mpesa bank to slide smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ericsson
#1075 Posted : Friday, September 23, 2016 10:46:59 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
@hisah
Brexit they have still not yet started the process of exiting.
Britain has already started feeling the impact.
Real estate is feeling the effects of low sales and falling demand.
The hotels are starting to have low bed uptake as number of visitors/tourists start reducing.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Metasploit
#1076 Posted : Friday, September 23, 2016 11:12:04 AM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
hisah wrote:
Ericsson wrote:
@hisah
23 ni ndoto for now.We are heading towards elections so investors will be shying away.
Funds may move to Nigeria if they manage to stabilise their market.
After elections is when you can talk about 23.
15 is a possibility between now and polls date

No problem. But from my experience, markets don't operate logically especially when curve ball events trigger e.g. brexit and in KE the shock rate cap.

Few expected KE bank stocks to crash. Many expect mpesa bank to slide smile



Thought many expected

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
lochaz-index
#1077 Posted : Friday, September 23, 2016 12:21:19 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Ericsson wrote:
@hisah
23 ni ndoto for now.We are heading towards elections so investors will be shying away.
Funds may move to Nigeria if they manage to stabilise their market.
After elections is when you can talk about 23.
15 is a possibility between now and polls date

That's a very big IF. In my opinion, I don't think Nigeria is anywhere near getting out of the woods just yet.

The main purpose of the stock market is to make fools of as many people as possible.
lochaz-index
#1078 Posted : Friday, September 23, 2016 12:45:19 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Metasploit wrote:
hisah wrote:
Ericsson wrote:
@hisah
23 ni ndoto for now.We are heading towards elections so investors will be shying away.
Funds may move to Nigeria if they manage to stabilise their market.
After elections is when you can talk about 23.
15 is a possibility between now and polls date

No problem. But from my experience, markets don't operate logically especially when curve ball events trigger e.g. brexit and in KE the shock rate cap.

Few expected KE bank stocks to crash. Many expect mpesa bank to slide smile



Thought many expected

Not exactly and certainly not in this forum. A while back it was considered sacrilege to suggest KCB would trade at the price of 35 same to Equity. Now both are at sub 30, no prizes for guessing the wrath you would have incurred for even contemplating such.

Many view the market through short term and blinkered lenses plus a heavy dose of emotional attachment. It works perfectly when things are going your way but when situations change and projections are thrown off course, panicky decisions are made and heavy losses sustained.
The main purpose of the stock market is to make fools of as many people as possible.
hisah
#1079 Posted : Friday, September 23, 2016 1:15:04 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Metasploit wrote:
hisah wrote:
Ericsson wrote:
@hisah
23 ni ndoto for now.We are heading towards elections so investors will be shying away.
Funds may move to Nigeria if they manage to stabilise their market.
After elections is when you can talk about 23.
15 is a possibility between now and polls date

No problem. But from my experience, markets don't operate logically especially when curve ball events trigger e.g. brexit and in KE the shock rate cap.

Few expected KE bank stocks to crash. Many expect mpesa bank to slide smile



Thought many expected

The golden handcuffs call was flagged back in September 2014 for the financial sector (banks, insurance and investments) via equity, britam and centum counters as examples. Members were extremely bullish on financials. Perfect ground for distribution without rocking the boat as the monkeys were offloaded!

After a few bank closures and a nasty rate cap shock the majority are now bearish. Bear party extremes.

The market always flips against the crowd!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1080 Posted : Friday, September 23, 2016 1:29:01 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Ericsson wrote:
@hisah
Brexit they have still not yet started the process of exiting.
Britain has already started feeling the impact.
Real estate is feeling the effects of low sales and falling demand.
The hotels are starting to have low bed uptake as number of visitors/tourists start reducing.

As per the ONS (Office for National Statistics) Brexit hasn't rocked the boat! What you have quoted was already unfolding pre-Brexit.

UK has saved itself from the sinking euroland deflation drama. They'll sign up trade deals with anyone who is willing without asking for permission from empire EU. Funds will flow out of EU into UK.

Just get any euro note and keep it as a souvenir coz it will be worthless in a few years unless the EU miraculously survives the expected fallout.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
251 Pages«<106107108109110>»
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