wazua Sat, Dec 28, 2024
Welcome Guest Search | Active Topics | Log In | Register

81 Pages«<89101112>»
The KenolKobil 2015 pendulum
mlennyma
#181 Posted : Friday, January 15, 2016 8:59:12 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Aguytrying wrote:
Magnate wrote:
Can someone shed some more light on block trading at the NSE,I normally see million+ block of shares moved without seeing them being offered as asks/bids on the trading boards.How does this happen?,how does the buyer /seller know what millions of shares are on offer? etc.


It's negotiated at the broker level before execution

Iam wondering too why such huge blocks don't attract a discount instead they go for a relatively higher price than market price,is this a high value stock confirmation?
"Don't let the fear of losing be greater than the excitement of winning."
whiteowl
#182 Posted : Friday, January 15, 2016 9:10:05 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
mlennyma wrote:
Aguytrying wrote:
Magnate wrote:
Can someone shed some more light on block trading at the NSE,I normally see million+ block of shares moved without seeing them being offered as asks/bids on the trading boards.How does this happen?,how does the buyer /seller know what millions of shares are on offer? etc.


It's negotiated at the broker level before execution

Iam wondering too why such huge blocks don't attract a discount instead they go for a relatively higher price than market price,is this a high value stock confirmation?


Yes.Must be getting a front row seat before FY.
maka
#183 Posted : Friday, January 15, 2016 9:24:29 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mlennyma wrote:
Aguytrying wrote:
Magnate wrote:
Can someone shed some more light on block trading at the NSE,I normally see million+ block of shares moved without seeing them being offered as asks/bids on the trading boards.How does this happen?,how does the buyer /seller know what millions of shares are on offer? etc.


It's negotiated at the broker level before execution

Iam wondering too why such huge blocks don't attract a discount instead they go for a relatively higher price than market price,is this a high value stock confirmation?


Not really a confirmation of high value stock...I have seen this happen quite a lot especially with the likes of Sasini,lets say there is an investor A who has bought KK over the years and is holding quite a substantial number of KK shares then we have an investor B who wants to purchase a huge block of KK without placing his/her huge bid on board as it would create interest in the share and in turn make the share spike upwards...broker for investor B will approach the one for investor A and agree to cross the shares at a price 10% upwards or downwards of previous VVWAP of KK...usually the seller takes the day crossing at a margin above previous VVWAP and at a rate better than MP...
possunt quia posse videntur
sparkly
#184 Posted : Friday, January 15, 2016 9:44:40 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
maka wrote:
mlennyma wrote:
Aguytrying wrote:
Magnate wrote:
Can someone shed some more light on block trading at the NSE,I normally see million+ block of shares moved without seeing them being offered as asks/bids on the trading boards.How does this happen?,how does the buyer /seller know what millions of shares are on offer? etc.


It's negotiated at the broker level before execution

Iam wondering too why such huge blocks don't attract a discount instead they go for a relatively higher price than market price,is this a high value stock confirmation?


Not really a confirmation of high value stock...I have seen this happen quite a lot especially with the likes of Sasini,lets say there is an investor A who has bought KK over the years and is holding quite a substantial number of KK shares then we have an investor B who wants to purchase a huge block of KK without placing his/her huge bid on board as it would create interest in the share and in turn make the share spike upwards...broker for investor B will approach the one for investor A and agree to cross the shares at a price 10% upwards or downwards of previous VVWAP of KK...usually the seller takes the day crossing at a margin above previous VVWAP and at a rate better than MP...


Very common, saw it in a small exchange where the brokers were literally in the next cubicle. Business conducted after hours. I Wonder what happens at the NSE...calls,emails?
Life is short. Live passionately.
maka
#185 Posted : Saturday, January 16, 2016 8:07:26 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
sparkly wrote:
maka wrote:
mlennyma wrote:
Aguytrying wrote:
Magnate wrote:
Can someone shed some more light on block trading at the NSE,I normally see million+ block of shares moved without seeing them being offered as asks/bids on the trading boards.How does this happen?,how does the buyer /seller know what millions of shares are on offer? etc.


It's negotiated at the broker level before execution

Iam wondering too why such huge blocks don't attract a discount instead they go for a relatively higher price than market price,is this a high value stock confirmation?


Not really a confirmation of high value stock...I have seen this happen quite a lot especially with the likes of Sasini,lets say there is an investor A who has bought KK over the years and is holding quite a substantial number of KK shares then we have an investor B who wants to purchase a huge block of KK without placing his/her huge bid on board as it would create interest in the share and in turn make the share spike upwards...broker for investor B will approach the one for investor A and agree to cross the shares at a price 10% upwards or downwards of previous VVWAP of KK...usually the seller takes the day crossing at a margin above previous VVWAP and at a rate better than MP...


Very common, saw it in a small exchange where the brokers were literally in the next cubicle. Business conducted after hours. I Wonder what happens at the NSE...calls,emails?


@ Sparkly just a call is enough had even forgotten it also ensures the stocks are not picked by another broker when placed on the board...
possunt quia posse videntur
mlennyma
#186 Posted : Friday, January 22, 2016 9:43:35 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.
"Don't let the fear of losing be greater than the excitement of winning."
Realtreaty
#187 Posted : Monday, January 25, 2016 9:16:02 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
I have not sold any of my shares i hold. Is the Govt still charging CGT (Capital Gains Tax) fter it was scrapped once more after foreign investors tried to move out?
Again Govt comes to be the Dog with rbbies that bite its owner. Though we wanted Govt to regulate and control pricing where oil industry was a boom, it has now come to be that its the same Govt now catering for the oil industry where the boom has weathered.
mlennyma
#188 Posted : Monday, January 25, 2016 9:57:00 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Realtreaty wrote:
I have not sold any of my shares i hold. Is the Govt still charging CGT (Capital Gains Tax) fter it was scrapped once more after foreign investors tried to move out?
Again Govt comes to be the Dog with rbbies that bite its owner. Though we wanted Govt to regulate and control pricing where oil industry was a boom, it has now come to be that its the same Govt now catering for the oil industry where the boom has weathered.

smile i got emails from my brokers early this month indicating CGT was no more,on the oil prices i forsee action on pricing soon
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#189 Posted : Monday, January 25, 2016 10:25:39 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.

#ThisIsKenya
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Aguytrying
#190 Posted : Monday, January 25, 2016 11:47:17 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.
The investor's chief problem - and even his worst enemy - is likely to be himself
VituVingiSana
#191 Posted : Monday, January 25, 2016 12:01:30 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Aguytrying
#192 Posted : Monday, January 25, 2016 12:46:11 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
VituVingiSana wrote:
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!


Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot
The investor's chief problem - and even his worst enemy - is likely to be himself
VituVingiSana
#193 Posted : Monday, January 25, 2016 1:46:20 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
Aguytrying wrote:
VituVingiSana wrote:
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!


Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot
Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mlennyma
#194 Posted : Monday, January 25, 2016 2:52:39 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
VituVingiSana wrote:
Aguytrying wrote:
VituVingiSana wrote:
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!


Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot
Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc

we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear
"Don't let the fear of losing be greater than the excitement of winning."
Spikes
#195 Posted : Monday, January 25, 2016 3:09:07 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mlennyma wrote:
VituVingiSana wrote:
Aguytrying wrote:
VituVingiSana wrote:
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!


Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot
Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc

we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear


Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
VituVingiSana
#196 Posted : Monday, January 25, 2016 3:27:52 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
Spikes wrote:
mlennyma wrote:
VituVingiSana wrote:
Aguytrying wrote:
VituVingiSana wrote:
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!


Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot
Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc

we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear


Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly.

Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Spikes
#197 Posted : Monday, January 25, 2016 4:00:56 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
VituVingiSana wrote:
Spikes wrote:
mlennyma wrote:
VituVingiSana wrote:
Aguytrying wrote:
VituVingiSana wrote:
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!


Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot
Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc

we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear


Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly.

Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges.


Thanks I would consider joining this counter before profit announcement.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Aguytrying
#198 Posted : Monday, January 25, 2016 10:02:00 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Spikes wrote:
VituVingiSana wrote:
Spikes wrote:
mlennyma wrote:
VituVingiSana wrote:
Aguytrying wrote:
VituVingiSana wrote:
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!


Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot
Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc

we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear


Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly.

Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges.


Thanks I would consider joining this counter before profit announcement.


If u are planning to buy and sell at a profit immediately, you might be in for a shock. THIS IS A BEAR MARKET. It's like looking for a needle in a haystack.
The investor's chief problem - and even his worst enemy - is likely to be himself
Spikes
#199 Posted : Tuesday, January 26, 2016 4:28:36 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Aguytrying wrote:
Spikes wrote:
VituVingiSana wrote:
Spikes wrote:
mlennyma wrote:
VituVingiSana wrote:
Aguytrying wrote:
VituVingiSana wrote:
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!


Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot
Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc

we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear


Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly.

Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges.


Thanks I would consider joining this counter before profit announcement.


If u are planning to buy and sell at a profit immediately, you might be in for a shock. THIS IS A BEAR MARKET. It's like looking for a needle in a haystack.


You have overlooked the fact that material announcement converts BEARS into BULLS for a particular counter.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Aguytrying
#200 Posted : Tuesday, January 26, 2016 7:03:33 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Spikes wrote:
Aguytrying wrote:
Spikes wrote:
VituVingiSana wrote:
Spikes wrote:
mlennyma wrote:
VituVingiSana wrote:
Aguytrying wrote:
VituVingiSana wrote:
Aguytrying wrote:
mlennyma wrote:
Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether.


Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins.

Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported).

Plus I have waited for many years for a payday!


Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot
Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc

we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear


Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly.

Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges.


Thanks I would consider joining this counter before profit announcement.


If u are planning to buy and sell at a profit immediately, you might be in for a shock. THIS IS A BEAR MARKET. It's like looking for a needle in a haystack.


You have overlooked the fact that material announcement converts BEARS into BULLS for a particular counter.


I haven't overlooked. You have symptoms of getting burnt that's why I keep warning you. Anything you buy this year, be ready to hold for 3 years. Speculating in a bear market is suicidal, chances of success are very low.
The investor's chief problem - and even his worst enemy - is likely to be himself
Users browsing this topic
Guest
81 Pages«<89101112>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2024 Wazua.co.ke. All Rights Reserved.