Wazua
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CFC-Stanbic 2009
Rank: Member Joined: 1/25/2009 Posts: 184 Location: For now El-Fashier - Darfur
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 I took my profit as I seek around and grasp any fleeting opportunity. It was nice riding with CFC Stanbic.Am seriously contemplating on picking some mumias before they announce their end year result. wats your opinion on this? "A bad decision made now is beta that a good one made later!!"
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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underweight wrote: I took my profit as I seek around and grasp any fleeting opportunity. It was nice riding with CFC Stanbic.Am seriously contemplating on picking some mumias before they announce their end year result. wats your opinion on this? why mumias if i may ask? Life is short. Live passionately.
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@sparkly. Its mumias because there'll be an explosion of the share price in run up to the results. In t.a we are taught that the longer any given stock staggnates the higher it'll shoot up when it breaks out frm that staggnation. A good case in point Barclays. Btw i see barclays hitting 75.00 because investors are really hungry 4 this counter. Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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qw, using T.A. does it mean Total will explode in the near future? Cause its been at 29-32 for AGES and fundamentals si mbaya. GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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qw25041985 wrote:A good case in point Barclays. Btw i see barclays hitting 75.00 because investors are really hungry 4 this counter. Some say even 80 because it is trading at a 'MUCH LOWER P.E.' than its peers GOD BLESS YOUR LIFE
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@ youcnt ....on total , yes. You can b a contrarian investor and intelligently invest in this counter. Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Shareholders to vote on demerger plan on August 9th. www.businessdailyafrica....44/-/k0q9by/-/index.htmlGOD BLESS YOUR LIFE
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Rank: Member Joined: 9/21/2006 Posts: 422 Location: Nairobi
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@youcan'tstopusnow its not a "demerger" its separation of their Insurance portion to "stand alone"
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Layman, thanks. But I just copied directly from the article which said, '...to kickstart the process, known as a demerger' GOD BLESS YOUR LIFE
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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BIDS: 25,1009,500 @ 82.00 1,200 @ 81.50 700 @ 81.00 1,000 @ 80.00 12,500 @ 79.00 ASKS:2,2002,200 @ 90.00 Will the 2,200 shares @90 be picked up by end of trading day? Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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@mukiha,or in other words will the account at your broker be credited with kSh 193,927 today?
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Rank: New-farer Joined: 7/19/2010 Posts: 98 Location: Kenya
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Mukiha where are you getting the trading volumes ?
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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whynow wrote:Mukiha where are you getting the trading volumes ? Subscribe to www.mystocks.co.ke It's just sh1,000 per month Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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cnn wrote:@mukiha,or in other words will the account at your broker be credited with kSh 193,927 today? Not quite! Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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BIDS 31,9004,700 @ 85.00 6,100 @ 83.50 5,000 @ 83.00 100 @ 82.50 700 @ 81.00 ASKS 9,2004,000 @ 88.00 3,000 @ 89.50 2,200 @ 90.00 RECENT TRADES600 @ 86.00 @ 13:00:57 1,000 @ 86.00 @ 13:00:57 800 @ 86.00 @ 13:00:57 700 @ 86.00 @ 13:00:57 800 @ 86.00 @ 13:00:57 Not good enough for ... Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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youcan'tstopusnow wrote:qw, using T.A. does it mean Total will explode in the near future? Cause its been at 29-32 for AGES and fundamentals si mbaya. sorry for poaching your querry..considering i ain't qw.. ..probability of Total "exploding in near future" is minimal.. fundamentals are good ..but had been better on a per share basis before the preference shares..Highest price the stock has hit within last 3 year is about 35Bob.. Other factors affect the price rather than fundamentals..volumes traded, shareholder profile..few retail traders here..plus one of the few counters whose price cycle is largely based on dividend..its been an income stock for most people i Know..thus less susceptible to trader whims. ...i think.  ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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ProverB wrote:..probability of Total "exploding in near future" is minimal.. fundamentals are good ..but had been better on a per share basis before the preference shares. one of the few counters whose price cycle is largely based on dividend..its been an income stock for most people i Know..thus less susceptible to trader whims. ProverB, being a dividend stock like BAT, wouldn't more interest in the counter push the price up? Plus doesn't the acquisition of chevron's assets bode well for the firm, preference shares or not? They will realise higher profits as a result of the synergies GOD BLESS YOUR LIFE
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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youcan'tstopusnow wrote:
ProverB, being a dividend stock like BAT, wouldn't more interest in the counter push the price up? Plus doesn't the acquisition of chevron's assets bode well for the firm, preference shares or not? They will realise higher profits as a result of the synergies
@youcant.... Preference shares always spook investors because of the possibility of conversion and dilution... So the price is very much affected by this Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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guru, agreed. But that alone won't suffice as can be seen with the great rise of KPLC's share price. Plus any share conversion is not going to be any time soon GOD BLESS YOUR LIFE
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Rank: Member Joined: 8/25/2006 Posts: 101
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@youcan'tstopusnow One big difference is that KPLC preference shares are held by the government while Total's are not
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