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How to tell NSE has bottomed out
Rank: Veteran Joined: 11/13/2015 Posts: 1,616
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Finally NSE 20 has punched through 1800 to close at 1804 If we push through 1826 then the road to 3,000 opens  Kaende!
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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wukan wrote:Finally NSE 20 has punched through 1800 to close at 1804 If we push through 1826 then the road to 3,000 opens Kaende! First target 2000 then 2500 then is when you think about 3000 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 11/13/2015 Posts: 1,616
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Ericsson wrote:wukan wrote:Finally NSE 20 has punched through 1800 to close at 1804 If we push through 1826 then the road to 3,000 opens Kaende! First target 2000 then 2500 then is when you think about 3000 Have you lately gone through the "Elliott Wave Analysis Of The NSE 20"? We survived death by a thousand cuts...a decade lost. Need to make up for lost time. 3138 is the target for NSE 20 Kaende!
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Rank: Veteran Joined: 11/13/2015 Posts: 1,616
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Politics aside (trust deficiency) as a pure macro trade signal, low inflation is good for equities. On interest rates I hold the view it's a lagging indicator in this market. There is a lot of dumb money which is not efficiently allocated. I'm not sure there is a good plan to convince the market to lower rates because there is no threat of high inflation. I guess we wait and see how the dumb money responds. NSE-20 has increased 22% beating the best bonds on offer this year.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,075
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The bear is over and this is passing unnoticed.
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Rank: Veteran Joined: 7/1/2014 Posts: 922 Location: sky
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My 2 cents wrote:The bear is over and this is passing unnoticed. does the volume support the bull? 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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Rank: Veteran Joined: 6/2/2010 Posts: 1,075
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littledove wrote:My 2 cents wrote:The bear is over and this is passing unnoticed. does the volume support the bull? Not yet. But will likely pick up. It does not go from zero to full throttle in an instant.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,616
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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NSE20 finally crosses the 2000 mark for the first time since October 2021, yes, 3 years ago. Opened 2024 at 1500 and closed at 2010. Up 33% for the year.  Happy 2025! @SufficientlyP
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Rank: Veteran Joined: 11/13/2015 Posts: 1,616
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wukan wrote:Finally NSE 20 has punched through 1800 to close at 1804 If we push through 1826 then the road to 3,000 opens Kaende! NSE 20 punched through the 2500 marker to close 2504 Keep your eyes on the road Kaende! kaende!
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Rank: Elder Joined: 12/7/2012 Posts: 11,921
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From August 1, 2025 on the Nairobi Securities Exchange, shares on the Main Investment Market Segment (MIMS) will be traded in lots of 1 or more. The odd lots board will cease to exist. 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: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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Angelica _ann wrote:From August 1, 2025 on the Nairobi Securities Exchange, shares on the Main Investment Market Segment (MIMS) will be traded in lots of 1 or more. The odd lots board will cease to exist. Long overdue. This should help clean up the shareholder registers as well. Too many shareholders with less than 100 shares in some firms. These are shareholders who have sold out but for the "odd lots" Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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amorphous wrote:wukan wrote:I told wazuans to be like George Soros during black Wednesday if the currency falls then equities rally and you need to hedge your bet on the currency by buying equites. Most rushed to buy bonds instead of doubling down on equities.
Most wazuans will not relate to the parabolic rally in 1993 to 1994 when Kshs was devalued....kaende kaende
Wororo. Blathee Wukan, you mean you are still here marking time on Wazoo dispensing mawaidha pingli pangla East and West after all these years  . Maanchap. Good advice tho... Definitely good advice, folks (in July 2025) are sitting on huge gains in many counters since October 2024! Much better than Dustbowl manenos. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 11/13/2015 Posts: 1,616
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wukan wrote:wukan wrote:Finally NSE 20 has punched through 1800 to close at 1804 If we push through 1826 then the road to 3,000 opens Kaende! NSE 20 punched through the 2500 marker to close 2504 Keep your eyes on the road Kaende! kaende! South Africa's benchmark index crossed 100000 level (all time high). P/E ratio of 15.1x. NSE is trading at P/E ratio of 6.8x. There is still room to push higher Kaende!
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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wukan wrote:wukan wrote:wukan wrote:Finally NSE 20 has punched through 1800 to close at 1804 If we push through 1826 then the road to 3,000 opens Kaende! NSE 20 punched through the 2500 marker to close 2504 Keep your eyes on the road Kaende! kaende! South Africa's benchmark index crossed 100000 level (all time high). P/E ratio of 15.1x. NSE is trading at P/E ratio of 6.8x. There is still room to push higher Kaende! There's a huge difference between Kenya and SA. What do GSecs in SA yield? Then compare to Kenya. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/22/2009 Posts: 7,568
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VituVingiSana wrote:amorphous wrote:wukan wrote:I told wazuans to be like George Soros during black Wednesday if the currency falls then equities rally and you need to hedge your bet on the currency by buying equites. Most rushed to buy bonds instead of doubling down on equities.
Most wazuans will not relate to the parabolic rally in 1993 to 1994 when Kshs was devalued....kaende kaende
Wororo. Blathee Wukan, you mean you are still here marking time on Wazoo dispensing mawaidha pingli pangla East and West after all these years . Maanchap. Good advice tho... Definitely good advice, folks (in July 2025) are sitting on huge gains in many counters since October 2024! Much better than Dustbowl manenos. Jaribu kuuza your plot dustbowl ndivyo utajua paper wealth (ama ni dust wealth? ) ni kusema nini!! Utazunguka mpaka uchoke. Then brokers will be on you like vultures. And you have to be paying people to go show prospective clients the land or in no time your wasted man hours plus fuel will be more than what you end up selling the plot for. I love land and I invest in it but I am not as delusional as some fellows. I know what "it is worth" and what I might get are totally different things. If plots are going for 1.5m in a certain area and on fool (and his money) is convinced to buy one at 4 million, immediately the story becomes "Hapa siku hizi plot zinafikisha 4 million!!" Good luck getting a customer for that. Hata hiyo 1.5m unaweza kosa. Na bado broker anadai 150k. Hataki hata 70k!! And in the current economy it is worse!! No one in their right mind will take a loan to buy a plot for speculation unless the asking price is dirt cheap (pun intended). You either have cash money or you have an immediate plan for the plot. Paying 20%+ interest on land for a plot you have no immediate plan is crazy work!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 6/23/2009 Posts: 13,782 Location: nairobi
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MaichBlack wrote:VituVingiSana wrote:amorphous wrote:wukan wrote:I told wazuans to be like George Soros during black Wednesday if the currency falls then equities rally and you need to hedge your bet on the currency by buying equites. Most rushed to buy bonds instead of doubling down on equities.
Most wazuans will not relate to the parabolic rally in 1993 to 1994 when Kshs was devalued....kaende kaende
Wororo. Blathee Wukan, you mean you are still here marking time on Wazoo dispensing mawaidha pingli pangla East and West after all these years . Maanchap. Good advice tho... Definitely good advice, folks (in July 2025) are sitting on huge gains in many counters since October 2024! Much better than Dustbowl manenos. Jaribu kuuza your plot dustbowl ndivyo utajua paper wealth (ama ni dust wealth? ) ni kusema nini!! Utazunguka mpaka uchoke. Then brokers will be on you like vultures. And you have to be paying people to go show prospective clients the land or in no time your wasted man hours plus fuel will be more than what you end up selling the plot for. I love land and I invest in it but I am not as delusional as some fellows. I know what "it is worth" and what I might get are totally different things. If plots are going for 1.5m in a certain area and on fool (and his money) is convinced to buy one at 4 million, immediately the story becomes "Hapa siku hizi plot zinafikisha 4 million!!" Good luck getting a customer for that. Hata hiyo 1.5m unaweza kosa. Na bado broker anadai 150k. Hataki hata 70k!! And in the current economy it is worse!! No one in their right mind will take a loan to buy a plot for speculation unless the asking price is dirt cheap (pun intended). You either have cash money or you have an immediate plan for the plot. Paying 20%+ interest on land for a plot you have no immediate plan is crazy work!!! Messy work
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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MaichBlack wrote:VituVingiSana wrote:amorphous wrote:wukan wrote:I told wazuans to be like George Soros during black Wednesday if the currency falls then equities rally and you need to hedge your bet on the currency by buying equites. Most rushed to buy bonds instead of doubling down on equities.
Most wazuans will not relate to the parabolic rally in 1993 to 1994 when Kshs was devalued....kaende kaende
Wororo. Blathee Wukan, you mean you are still here marking time on Wazoo dispensing mawaidha pingli pangla East and West after all these years . Maanchap. Good advice tho... Definitely good advice, folks (in July 2025) are sitting on huge gains in many counters since October 2024! Much better than Dustbowl manenos. Jaribu kuuza your plot dustbowl ndivyo utajua paper wealth (ama ni dust wealth? ) ni kusema nini!! Utazunguka mpaka uchoke. Then brokers will be on you like vultures. And you have to be paying people to go show prospective clients the land or in no time your wasted man hours plus fuel will be more than what you end up selling the plot for. I love land and I invest in it but I am not as delusional as some fellows. I know what "it is worth" and what I might get are totally different things. If plots are going for 1.5m in a certain area and on fool (and his money) is convinced to buy one at 4 million, immediately the story becomes "Hapa siku hizi plot zinafikisha 4 million!!" Good luck getting a customer for that. Hata hiyo 1.5m unaweza kosa. Na bado broker anadai 150k. Hataki hata 70k!! And in the current economy it is worse!! No one in their right mind will take a loan to buy a plot for speculation unless the asking price is dirt cheap (pun intended). You either have cash money or you have an immediate plan for the plot. Paying 20%+ interest on land for a plot you have no immediate plan is crazy work!!! Jubilee Ndaaani! Waiting for Kenya Re. BAT announced 10/- interim. @Amrophous ako wapi siku hizi? We should buy him a soda to quench that dry throat ya DC! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/22/2009 Posts: 7,568
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VituVingiSana wrote:MaichBlack wrote:VituVingiSana wrote:amorphous wrote:wukan wrote:I told wazuans to be like George Soros during black Wednesday if the currency falls then equities rally and you need to hedge your bet on the currency by buying equites. Most rushed to buy bonds instead of doubling down on equities.
Most wazuans will not relate to the parabolic rally in 1993 to 1994 when Kshs was devalued....kaende kaende
Wororo. Blathee Wukan, you mean you are still here marking time on Wazoo dispensing mawaidha pingli pangla East and West after all these years . Maanchap. Good advice tho... Definitely good advice, folks (in July 2025) are sitting on huge gains in many counters since October 2024! Much better than Dustbowl manenos. Jaribu kuuza your plot dustbowl ndivyo utajua paper wealth (ama ni dust wealth? ) ni kusema nini!! Utazunguka mpaka uchoke. Then brokers will be on you like vultures. And you have to be paying people to go show prospective clients the land or in no time your wasted man hours plus fuel will be more than what you end up selling the plot for. I love land and I invest in it but I am not as delusional as some fellows. I know what "it is worth" and what I might get are totally different things. If plots are going for 1.5m in a certain area and on fool (and his money) is convinced to buy one at 4 million, immediately the story becomes "Hapa siku hizi plot zinafikisha 4 million!!" Good luck getting a customer for that. Hata hiyo 1.5m unaweza kosa. Na bado broker anadai 150k. Hataki hata 70k!! And in the current economy it is worse!! No one in their right mind will take a loan to buy a plot for speculation unless the asking price is dirt cheap (pun intended). You either have cash money or you have an immediate plan for the plot. Paying 20%+ interest on land for a plot you have no immediate plan is crazy work!!! Jubilee Ndaaani! Waiting for Kenya Re. BAT announced 10/- interim. @Amrophous ako wapi siku hizi? We should buy him a soda to quench th at dry throat ya DC! I remember we were to buy him a few drinks but he went MIA. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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How to tell NSE has bottomed out
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