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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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Now trading at KES 17.95 https://www.nse.co.ke/ma...tatistics&Itemid=190
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM @munandii welcome back home, but how dare you come home more energized with every paraphernalia eliotte taught you? Eti Elliot has seen Bob within the cross hairs after many years being elusive. Mi am throwing in the towel and going to court in protest of Elliot's white spells coz black magic seams to be giving ground.professionals must respect other pros in the trade. Karukaranga hapa hana ujuzi. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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muandiwambeu wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM @munandii welcome back home, but how dare you come home more energized with every paraphernalia eliotte taught you? Eti Elliot has seen Bob within the cross hairs after many years being elusive. Mi am throwing in the towel and going to court in protest of Elliot's white spells coz black magic seams to be giving ground.professionals must respect other pros in the trade. Karukaranga hapa hana ujuzi.  Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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muandiwambeu wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM @munandii welcome back home, but how dare you come home more energized with every paraphernalia eliotte taught you? Eti Elliot has seen Bob within the cross hairs after many years being elusive. Mi am throwing in the towel and going to court in protest of Elliot's white spells coz black magic seams to be giving ground.professionals must respect other pros in the trade. Karukaranga hapa hana ujuzi. Recalling past experiences, I may agree with @mnandii since sijasikia any one wishing to rob a bank after exhausting all armor shooting fat tails. Early shooters just started, fat tails are yet to get fatest.  to be sober enough though. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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obiero wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM We may not get to KES 10 but KES 16 shall print before end of next week Remember the way Safcom played around 2 - 2.50 for sometime? A similar scenario is in the offing for the sub - 10 bob. Safcom is FIVE Waves Up. A major correction is due. I'll be posting charts soon. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM We may not get to KES 10 but KES 16 shall print before end of next week Hats off for a moment for @mnandii's technical analysis that every Wazuan should stop taking lightly. It is about wave count...I used to sing the same vocals early last year....Everybody scoffed me but now they can see the truth is coming...Safaricom will be bought sub 10bob but after a long period of time. As a matter of fact there must be intense battle ; law of gravity will finally take control. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 8/27/2015 Posts: 138 Location: Harare
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mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM His contract was renewed for 2 years effective August 2015. So this is his very public way (similar to how most listed Co. CEOs do) of looking for a new bigger and better job. Though may also be a way of asking the the board to renew his current contract. Investment philosophy development in progress...
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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alotoftalk wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM His contract was renewed for 2 years effective August 2015. So this is his very public way (similar to how most listed Co. CEOs do) of looking for a new bigger and better job. Though may also be a way of asking the the board to renew his current contract. The importance lies in the fact that he is in the cover of major magazine (Sunday Nation Lifestyle is comparably major in Kenya) at a time when Safaricom shares have completed five waves. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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This market is seriously dumping points in a hurry. It's nearly 400 points down in the last two weeks with absolutely no commercial break. One would have thought some breaks would have been applied by now. Is the market discarding its default setting of a stealth bear? The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM I am also counting on a thorough beating here. Safcom's current price is one of the indicators that the bear ain't done yet. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Spikes wrote:obiero wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM We may not get to KES 10 but KES 16 shall print before end of next week Hats off for a moment for @mnandii's technical analysis that every Wazuan should stop taking lightly. It is about wave count...I used to sing the same vocals early last year....Everybody scoffed me but now they can see the truth is coming...Safaricom will be bought sub 10bob but after a long period of time. As a matter of fact there must be intense battle ; law of gravity will finally take control. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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mnandii wrote:Spikes wrote:obiero wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM We may not get to KES 10 but KES 16 shall print before end of next week Hats off for a moment for @mnandii's technical analysis that every Wazuan should stop taking lightly. It is about wave count...I used to sing the same vocals early last year....Everybody scoffed me but now they can see the truth is coming...Safaricom will be bought sub 10bob but after a long period of time. As a matter of fact there must be intense battle ; law of gravity will finally take control. Kwisha sisi
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Hats off to BAT. To imagine there was a time they were together with Stanchart, BBK, EABL  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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mnandii wrote:obiero wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM We may not get to KES 10 but KES 16 shall print before end of next week Remember the way Safcom played around 2 - 2.50 for sometime? A similar scenario is in the offing for the sub - 10 bob. Safcom is FIVE Waves Up. A major correction is due. I'll be posting charts soon. Keep praying..... I told you sometime ago that if charts could help project the future many people would be dollar millionaires. I understand only a small percent of people who use technical analysis purely to trade or invest make money worldwide. The rest make loses. Charts are about history of emotions and they can never be predicted. They can only be explained after the fact.
Safaricom fundamentals are still strong.
It is HIGHLY expected that they will make more money in 2016 (year ending 31 March 2017) than 2015. It is expected that they will pay same amount of dividend or higher in 2017 than what they paid in 2016
Unless something catastrophic happens that makes this company stop generating the amounts of cash it generates today, you will wait for sub 10 shillings per share for a very long time.
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM
This is laughable ..... What is the connection between a CEO appearing on the cover of a magazine and the price of the share of his company?
Steve Jobs, Jeff Bezos, Jack Welch, etc are some of the most successful CEOs and have appeared on covers of different magazines numerous times. Why didn't the prices of Apple, Amazon, General Electric, etc fall when their CEOS appeared on magazine covers?
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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Liv wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM
This is laughable ..... What is the connection between a CEO appearing on the cover of a magazine and the price of the share of his company?
Steve Jobs, Jeff Bezos, Jack Welch, etc are some of the most successful CEOs and have appeared on covers of different magazines numerous times. Why didn't the prices of Apple, Amazon, General Electric, etc fall when their CEOS appeared on magazine covers? Indeed it is laughable
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 7/2/2014 Posts: 123
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Finished buying Kenya re at below 22 ,
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Taking cue from our original post no. 1 here we now have an updated NSE 20 Share Index Chart below.  Note that these are Weekly data points. Our wave B completed and now the market is falling in wave C as per our original forecast three years ago. If wave C completes at a point where it is the same length as wave A (Wave A = 6026 - 2576 ), then we should expect the current bear market to bottom at about 1700 level (the blue dashed line). I'll post a daily chart to zoom in on the falling impulse wave which is in blue wave [iii]. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Liv wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM
This is laughable ..... What is the connection between a CEO appearing on the cover of a magazine and the price of the share of his company?
Steve Jobs, Jeff Bezos, Jack Welch, etc are some of the most successful CEOs and have appeared on covers of different magazines numerous times. Why didn't the prices of Apple, Amazon, General Electric, etc fall when their CEOS appeared on magazine covers? It might not be a perfect correlation... but a CEO who appeared on the cover of many publications was the incompetent Naikuni. Another was Michael Matu of Olympia who bought coverage. A CEO who often appears in many publications and has done well is James Mwangi. I'd also add James Mworia [& Kirubi] to the list. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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obiero wrote:Liv wrote:mnandii wrote:When the CEO of a company appears in the front pages of a magazine celebrating success, consider that a MAJOR TOP in that company's share price. SELL Safaricom and target to buy it at sub-10 bob! BOB COLLYMORE: JOY AND PAIN OF RUNNING SAFARICOM
This is laughable ..... What is the connection between a CEO appearing on the cover of a magazine and the price of the share of his company?
Steve Jobs, Jeff Bezos, Jack Welch, etc are some of the most successful CEOs and have appeared on covers of different magazines numerous times. Why didn't the prices of Apple, Amazon, General Electric, etc fall when their CEOS appeared on magazine covers? Indeed it is laughable Nangoja nione hii uchawi. The CEO in question had his birthday and the reporters wanted a story. If anything, is there a week that goes by with nothing on Safaricom on the dailies? Speaking of which. Am not complaining with the low prices, its our time to eat "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Elliott Wave Analysis Of The NSE 20
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