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directional forecast
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen.  free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3...  It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52
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: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation
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: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn @ericsson a share price is determined by way much more than the issued shares, that's why SCOM once traded at KES 2.95 and people thought that was a fair price!! remember that its issued shares never changed, while its share price went up near-ten-fold .. Information is what drives a share price. Thank you for taking time to learn new ideas, with an open mind
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: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn @ericsson a share price is determined by way much more than the issued shares, that's why SCOM once traded at KES 2.95 and people thought that was a fair price!! remember that its issued shares never changed, while its share price went up near-ten-fold .. Information is what drives a share price. Thank you for taking time to learn new ideas, with an open mind Safaricom profits has gone up 3.5 times and its dividend payment has gone 10 times from the time its share price was 2.95. That's why share price has gone up ten-fold Profits grew from 20bn to 70bn Dividend rose from 10 cents to 97 cents Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn @ericsson a share price is determined by way much more than the issued shares, that's why SCOM once traded at KES 2.95 and people thought that was a fair price!! remember that its issued shares never changed, while its share price went up near-ten-fold .. Information is what drives a share price. Thank you for taking time to learn new ideas, with an open mind Safaricom profits has gone up 3.5 times and its dividend payment has gone 10 times from the time its share price was 2.95. That's why share price has gone up ten-fold Profits grew from 20bn to 70bn Dividend rose from 10 cents to 97 cents Exactly! Other factors!!
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: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn @ericsson a share price is determined by way much more than the issued shares, that's why SCOM once traded at KES 2.95 and people thought that was a fair price!! remember that its issued shares never changed, while its share price went up near-ten-fold .. Information is what drives a share price. Thank you for taking time to learn new ideas, with an open mind Safaricom profits has gone up 3.5 times and its dividend payment has gone 10 times from the time its share price was 2.95. That's why share price has gone up ten-fold Profits grew from 20bn to 70bn Dividend rose from 10 cents to 97 cents Exactly! Other factors!! Which relates to my comment that KQ annual pre tax profits exceeds 9bn for the price to reach 8.52 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn @ericsson a share price is determined by way much more than the issued shares, that's why SCOM once traded at KES 2.95 and people thought that was a fair price!! remember that its issued shares never changed, while its share price went up near-ten-fold .. Information is what drives a share price. Thank you for taking time to learn new ideas, with an open mind Safaricom profits has gone up 3.5 times and its dividend payment has gone 10 times from the time its share price was 2.95. That's why share price has gone up ten-fold Profits grew from 20bn to 70bn Dividend rose from 10 cents to 97 cents Exactly! Other factors!! Which relates to my comment that KQ annual pre tax profits exceeds 9bn for the price to reach 8.52 You have point. A weak one, but its a point all the same. Remember that KQ barely nine years ago, 2006-2007 hit a PBT of KES 6.96B and maintained an average PBT of KES 5.7B for few years after the said peak, until shit hit the fan https://www.kenya-airway...-2008-annual-report.pdf
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: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn @ericsson a share price is determined by way much more than the issued shares, that's why SCOM once traded at KES 2.95 and people thought that was a fair price!! remember that its issued shares never changed, while its share price went up near-ten-fold .. Information is what drives a share price. Thank you for taking time to learn new ideas, with an open mind Safaricom profits has gone up 3.5 times and its dividend payment has gone 10 times from the time its share price was 2.95. That's why share price has gone up ten-fold Profits grew from 20bn to 70bn Dividend rose from 10 cents to 97 cents Exactly! Other factors!! Which relates to my comment that KQ annual pre tax profits exceeds 9bn for the price to reach 8.52 You have point. A weak one, but its a point all the same. Remember that KQ barely nine years ago, 2006-2007 hit a PBT of KES 6.96B and maintained an average PBT of KES 5.7B for few years after the said peak, until shit hit the fan https://www.kenya-airway...-2008-annual-report.pdf
There are some facts I wanted to say but based on your reasoning I reserve my words for another day. Time will tell between my point and yours which one is weak. Let's not talk about the past;that's gone focus on the present and future. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn @ericsson a share price is determined by way much more than the issued shares, that's why SCOM once traded at KES 2.95 and people thought that was a fair price!! remember that its issued shares never changed, while its share price went up near-ten-fold .. Information is what drives a share price. Thank you for taking time to learn new ideas, with an open mind Safaricom profits has gone up 3.5 times and its dividend payment has gone 10 times from the time its share price was 2.95. That's why share price has gone up ten-fold Profits grew from 20bn to 70bn Dividend rose from 10 cents to 97 cents Exactly! Other factors!! Which relates to my comment that KQ annual pre tax profits exceeds 9bn for the price to reach 8.52 You have point. A weak one, but its a point all the same. Remember that KQ barely nine years ago, 2006-2007 hit a PBT of KES 6.96B and maintained an average PBT of KES 5.7B for few years after the said peak, until shit hit the fan https://www.kenya-airway...-2008-annual-report.pdf
There are some facts I wanted to say but based on your reasoning I reserve my words for another day. Time will tell between my point and yours which one is weak. Let's not talk about the past;that's gone focus on the present and future. KQ without the corruption cartels can hit KES 10B PBT in next 4 years..
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: 9/9/2015 Posts: 233
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Hope is not a strategy,rather its gambling "Buy when there's blood in the streets, even if the blood is your own."
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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The Great wrote:Hope is not a strategy,rather its gambling I agree, but who knows what tomorrow brings. Hope is all we have in this world
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: 12/4/2009 Posts: 10,684 Location: NAIROBI
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karasinga wrote:karasinga wrote:piedpiper wrote:karasinga wrote:bartum wrote:Ericsson wrote:bartum wrote:piedpiper wrote:@karasinga, please post the charts for Kengen and KPLC when you have a moment. Asante Karasinga welcome, missed your tips here, how is kengen, where is it headed Full Year Results announcement is about to be released May not be good, how do you see it KEGN. Monthly view. My humble opinion  have been wrong before and might be wrong again. do your due diligence. disclaimer. best wishes @karasinga thanks for the analysis you are welcome. Almost to the first zone of interest. On 19th Oct, 8 printed. Working as expected(7.9 printed on 23rd oct) but it is important to be extremely cautious between 8.95 and 9.85 because this zone might terminate the current rally. 5.8 might ultimately print. best wishes @Karasinga Today 8.95 has been printed today.Let's see how the rally goes Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 behold 5.3..  It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Member Joined: 5/30/2016 Posts: 217 Location: Talai
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TODAY IS GREEN FIELD DAY AT NSE!!! Watch and Listen and Live
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:hisah wrote:hisah wrote:lochaz-index wrote:wukan wrote:lochaz-index wrote:hisah wrote:FTSE KE NSE15 index weekly chart hints a big move is coming. Calm before the storm. Downside favoured. Bears with the upper-hand. Early year bulls might cancel out with late year bears to close 2017 with a flat. Chances are the bear will finish the rout in 2018 for the next cycle to kick in. An unexpected but welcome consequence of the supreme court ruling is that it may not be possible for KE to raise another eurobond in this cycle...that window may slam shut at any point with the political scene still in a limbo. Possible fiscal crisis in 2018 just as it had promised from way back. There is a small upside coming which is your get out of jail ticket if you are a trader. In cartoon language the move in the NSE 20 index from 2789-4118 is what we call the intervening wave (w-x). That intervening wave makes way for the second zigzag(x-y). The second zigzag will burn you to recognition if you don't know what you are doing. A small upside is possible but I don't expect any meaningful bull charge for the near and medium term. From a fundies point of view, as long as the govt is busy cannibalizing the private sector from all probable angles (funding and regulatory/policy wise) there will be nothing to write home about. In addition, the govt will be fighting for its own survival in that time frame. If as an investor you are easily frazzled, there is no harm in sitting this phase out. My rudimentary calculations suggest that a dip below 3450 level won't be kind to the bulls. As expected FTSE KE NSE15 index slips below the election ruling panic selloff low. Yesterday the index closed with an upthrust bar, which now confirms that the weekly upthrust bar formed during the election ruling reaction was indeed a turning point. Bears are back! FTSE KE NSE15 slips below 200 handle intraday.  One week later after breaking below the psychological support this index has dumped 10pts (5%) to close at 190.99 today. Yesterday we had another upthrust bar which has come in two week later after the previous one on October 4th. This index is reflecting very bearish (negative) sentiments for an index that comprises the top 15 market heavyweights. Unless the political stalemate is amicably resolved as well as stimulus is injected into the sickly economy, bears will continue to wreak havoc in the market. If 2017 is not the flush out year then 2018 will likely be before the market can base out.
FTSE NSE15 reclaims the 200 handle intraday. A lot of resistance in this zone all the way till 222 handle. Bulls will need to pile up a lot of pressure to break down this resistance forest. IMHO the bounce has a short shelf life.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn @ericsson a share price is determined by way much more than the issued shares, that's why SCOM once traded at KES 2.95 and people thought that was a fair price!! remember that its issued shares never changed, while its share price went up near-ten-fold .. Information is what drives a share price. Thank you for taking time to learn new ideas, with an open mind Safaricom profits has gone up 3.5 times and its dividend payment has gone 10 times from the time its share price was 2.95. That's why share price has gone up ten-fold Profits grew from 20bn to 70bn Dividend rose from 10 cents to 97 cents Exactly! Other factors!! Which relates to my comment that KQ annual pre tax profits exceeds 9bn for the price to reach 8.52 @karasinga we are no longer on the run-way, but in the sky
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: 2/26/2015 Posts: 1,147
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obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:karasinga wrote:Spikes wrote:karasinga wrote:muandiwambeu wrote: @karasinga, what do charts say about kq. It looks peculiar from where I stand. Good day as you ponder over your opinion. You are right, it looks peculiar as evidenced by actions of MMs(colored candles in the purple rectangle).They are busy doing what they know best and will continue doing it until they have their ware houses full even if it calls for either a prolonged consolidation or another leg south. As stated here, the region between 3.9 and 3.4 would bring in demand for this stock.(see what happened on 3rd August 2017) This notwithstanding, It all depends entirely on your level of risk appetite; you may join them during the current consolidation phase (of course with a stop loss) or wait until THE trend is clear. Currently, Harmonic patterns don't support bullish sentiments at all but anything can happen. free advice, from the little experience I have gained so far, "Patience is a virtue". Disclaimer… Best wishes Welcome back bro @Karasinga.... thanks spikes. IMHO, On the runway... have seen a high of 5.35 today 27th Oct. karasinga wrote:unless price closes above 5.3... @karasinga please school these young ones.. KQ is the share to watch. Minimum fair value KES 8.52 @Obiero 8.52 with how many shares listed 7.4B, post-consolidation Not any time soon. Companies with such market capitalisation are doing annual pre-tax profits in excess of 9bn @ericsson a share price is determined by way much more than the issued shares, that's why SCOM once traded at KES 2.95 and people thought that was a fair price!! remember that its issued shares never changed, while its share price went up near-ten-fold .. Information is what drives a share price. Thank you for taking time to learn new ideas, with an open mind Safaricom profits has gone up 3.5 times and its dividend payment has gone 10 times from the time its share price was 2.95. That's why share price has gone up ten-fold Profits grew from 20bn to 70bn Dividend rose from 10 cents to 97 cents Exactly! Other factors!! Which relates to my comment that KQ annual pre tax profits exceeds 9bn for the price to reach 8.52 @karasinga we are no longer on the run-way, but in the sky Enjoy(ing)... Currently in a zone that might offer some resistance(thick clouds). It might go low altitude to pickup anyone interested. (check post 1816) best wishes It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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