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Madness at the NSE
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littledove
#2501 Posted : Monday, March 25, 2024 2:44:10 PM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
littledove wrote:
the market is slowly rising, by the time many realizes we will be in the middle of mini bull, bamburi started from 21 to 40, coop bank from 11 to almost 13, today equity is at 41 from 37, those who have not strategized themselves will miss this year earning season mini bull


a massive rally safcom at 18 kcb 28, equity 47 coop 15
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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VituVingiSana
#2502 Posted : Monday, March 25, 2024 6:41:34 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Receptor wrote:
Has the casino(NSE) finally turned a corner?

Is it safe to conclude that maybe Zaks a.k.a. Kaunda- uwongo-man and Oxford Ndii (yes the Ndii who flaunts miwani ya kamba) have a formula for economy na sio guesswork pata potea ile ya @VVS na @Ericsson?

Daudi can put forth all his formulas but when the c(R)ooks tire of him they will kick him aside. He knows it.

In the meantime, I keep pushing for higher dividends. smile
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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DtheK
#2503 Posted : Thursday, October 10, 2024 3:22:53 PM
Rank: Member


Joined: 2/15/2010
Posts: 129
Location: Kenya
Mmeona hiyo pump and dump ya EA port land?
11 to 50 in one month and now no takers?
For a firm that was almost auctioned by former employees?
Aiii?
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VituVingiSana
#2504 Posted : Friday, October 11, 2024 12:00:38 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
DtheK wrote:
Mmeona hiyo pump and dump ya EA port land?
11 to 50 in one month and now no takers?
For a firm that was almost auctioned by former employees?
Aiii?

Speculation is good for the market.
Given what happened with Bamburi, I can understand why some chose to buy EAPCC but the problems are much deeper.

Buyer beware at the higher prices
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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deadpoet
#2505 Posted : Friday, October 11, 2024 9:41:54 AM
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Joined: 9/27/2006
Posts: 503
I wonder how EAPC plays into the Bamburi sale (given that Bamburi owns a share of EAPC)
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DtheK
#2506 Posted : Friday, October 11, 2024 12:38:39 PM
Rank: Member


Joined: 2/15/2010
Posts: 129
Location: Kenya
Holcim, Bamburi's parent wants out of East Africa it's safe to assume they will sell their stake. I think that's a minus. Treasury promised to sell their stake (GOK promises aren't worth much).The only redeeming factor here is the land sale but can you really trust the management?
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