Is it just me who is baffled that this counter moves 2-3% every other day? What is the story behind this, someone please shed some light.

@guru267

1. MKESHO......why is it not translating to the same share price movements for Safaricom?

2. SME China Loan......fluff like pretty much of Equity news

3. 40% Q1 profits.......not unlike other banks with the exception of Barclays...and why aren't the supposed profits translating into bigger dividends? Methinks they could be paper profits...

Equity needs to 'Show me the money' . I still need to be convinced.

Because Equity looks like the big winner from Mkesho.
SCOM share price was unmoved by 37% growth in profit, Mkesho in SCOM terms is a drop in the ocean.

safcom has 10billion shares floating around... the impact of business announcements of safcom do not translate into share price movement for this reason..

any movement up always translates into huge supply of shares

On the day after the annoucement safcom traded 150 million shares. It means you have to be having a substantial number of shares to be relevant (considering individual investors). As for institutiönal investors, theirs is long term and it is this that makes the difference.

@qw what are you smoking? The stock is oversold yes, but the trend is not supported by volumes. It might fizzle out then come crashing down like a tonne of bricks. I would wait for the price to test the 19 resistance, then the current support before jumping in. On another note, does sisal have a future?

@sparkly. LOL . i am sorber. but ar u trying to tell me Rea willnt test Ksh 19.00.Then i think simple analysis has faild you. And were u the one who said that u were waitin for equity at Ksh 30.00. and we shld meet there over a cup of tea. heheheh.

i do agree sisal has no future but if a pleasant ride shows up as a momentum trader i put aside fundermental analysis and rid the wave.

So lets meet at 19.00 for rea vipingo over a hot cup of tea.And with the low volumes on the NSE i am even suprised some share are movin up.

Let them read this budget fast we move on and Mr. Uhuru better not do another TYPO.

@freiks Equity is a large cap stock and the index is definitely weighted so if equity, KQ, EABL, or safcom fall your likely to see a fall in the index