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Elliott Wave Analysis Of The NSE 20
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Ericsson wrote:http://kenyanwallstreet.com/will-nse-20-recover
A jaw dropping P/E on CIC...highest in the market bar Kenya Orchards. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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mnandii wrote:SAFARICOM in an extended fifth wave. The extended fifth starts from the blue wave 4 low (about 12.50). We have completed waves ((i)) ((ii)) ((iii)) [circled]. Wave ((iv)) is about to complete then wave ((v)). Targets for completion of the full pattern is about 27.00 - 33.00. Afterwards Safcom should drop sharply to about 16.00. Safcom has been one odd duck from the onset of the bear period in 2015. It has heavily participated in any broad market upside but rarely fancies a downturn...sort of a decoupling-coupling back and forth relationship with market. Would be interesting to see what eventually knocks the wind out of its bear resistance sails. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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lochaz-index wrote:Ericsson wrote:http://kenyanwallstreet.com/will-nse-20-recover
A jaw dropping P/E on CIC...highest in the market bar Kenya Orchards. The current price has factored in the Half year earnings released in July. If there is a decline in the second half such that the full year results come below expectation a price correction will follow. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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lochaz-index wrote:Ericsson wrote:http://kenyanwallstreet.com/will-nse-20-recover
A jaw dropping P/E on CIC...highest in the market bar Kenya Orchards. Those are my favorites so long as fundamentals and management are right. It shows there is higher potential for future growth Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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Ericsson wrote:lochaz-index wrote:Ericsson wrote:http://kenyanwallstreet.com/will-nse-20-recover
A jaw dropping P/E on CIC...highest in the market bar Kenya Orchards. Those are my favorites so long as fundamentals and management are right. It shows there is higher potential for future growth @Ericsson,forgive my naivety but that PE of 78 beats me,others give a figure of 13,kama AKS hapa http://www.rich.co.ke/rcdata/company.php?i=NjE%3DNever lose your position in a bull market,BTFD.
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Rank: Elder Joined: 6/23/2009 Posts: 13,547 Location: nairobi
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mamilli wrote:Ericsson wrote:lochaz-index wrote:[quote=Ericsson]http://kenyanwallstreet.com/will-nse-20-recover
A jaw dropping P/E on CIC...highest in the market bar Kenya Orchards. Those are my favorites so long as fundamentals and management are right. It shows there is higher potential for future growth @Ericsson,forgive my naivety but that PE of 78 beats me,others give a figure of 13,kama AKS hapa http://www.rich.co.ke/rcdata/company.php?i=NjE%3D[/quote] Check the company financials and compute for yourself if its not expressly stated HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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mamilli wrote:Ericsson wrote:lochaz-index wrote:[quote=Ericsson]http://kenyanwallstreet.com/will-nse-20-recover
A jaw dropping P/E on CIC...highest in the market bar Kenya Orchards. Those are my favorites so long as fundamentals and management are right. It shows there is higher potential for future growth @Ericsson,forgive my naivety but that PE of 78 beats me,others give a figure of 13,kama AKS hapa http://www.rich.co.ke/rcdata/company.php?i=NjE%3D[/quote] i also doubt the pe 0f 78 we need to check further or do our own calculation 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: Elder Joined: 10/11/2006 Posts: 2,304
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Kenya’s Private Sector Activity Contracts to Lowest level in History – PMIlinkConventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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mnandii wrote:Kenya’s Private Sector Activity Contracts to Lowest level in History – PMIlink In History of 3 years? The survey started in 2014....lol
The sky is falling surely
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Liv wrote:mnandii wrote:Kenya’s Private Sector Activity Contracts to Lowest level in History – PMIlink In History of 3 years? The survey started in 2014....lol
The sky is falling surely
Saw that and moved on ........ 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: Veteran Joined: 9/18/2014 Posts: 1,127
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mnandii wrote:Kenya’s Private Sector Activity Contracts to Lowest level in History – PMIlink The private sector has had no legs to stand on for quite a while. Unfortunately, it is going to get worse for the near and medium term. Since the government is not willing to cut back on deficit spending, then forced austerity and fiscal consolidation is coming to KE. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 6/23/2009 Posts: 13,547 Location: nairobi
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lochaz-index wrote:mnandii wrote:Kenya’s Private Sector Activity Contracts to Lowest level in History – PMIlink The private sector has had no legs to stand on for quite a while. Unfortunately, it is going to get worse for the near and medium term. Since the government is not willing to cut back on deficit spending, then forced austerity and fiscal consolidation is coming to KE. Kwisha sisi. The two men have messed us up HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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obiero wrote:lochaz-index wrote:mnandii wrote:Kenya’s Private Sector Activity Contracts to Lowest level in History – PMIlink The private sector has had no legs to stand on for quite a while. Unfortunately, it is going to get worse for the near and medium term. Since the government is not willing to cut back on deficit spending, then forced austerity and fiscal consolidation is coming to KE. Kwisha sisi. The two men have messed us up Looks more like Baba (hides) 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: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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Angelica _ann wrote:obiero wrote:lochaz-index wrote:mnandii wrote:Kenya’s Private Sector Activity Contracts to Lowest level in History – PMIlink The private sector has had no legs to stand on for quite a while. Unfortunately, it is going to get worse for the near and medium term. Since the government is not willing to cut back on deficit spending, then forced austerity and fiscal consolidation is coming to KE. Kwisha sisi. The two men have messed us up Looks more like Baba (hides) Who to blame is a one million cowrie shells question in today's Kenya. The answer is fully dependent on which side of the big divide you are. http://www.nation.co.ke/oped/op...78956-2tr6nkz/index.html
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Rank: Elder Joined: 6/23/2009 Posts: 13,547 Location: nairobi
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iris wrote:Angelica _ann wrote:obiero wrote:lochaz-index wrote:mnandii wrote:Kenya’s Private Sector Activity Contracts to Lowest level in History – PMIlink The private sector has had no legs to stand on for quite a while. Unfortunately, it is going to get worse for the near and medium term. Since the government is not willing to cut back on deficit spending, then forced austerity and fiscal consolidation is coming to KE. Kwisha sisi. The two men have messed us up Looks more like Baba (hides) Who to blame is a one million cowrie shells question in today's Kenya. The answer is fully dependent on which side of the big divide you are. http://www.nation.co.ke/oped/op...78956-2tr6nkz/index.html Even before the elections, this country was being mismanaged. So we know exactly who to blame HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mnandii wrote:SAFARICOM in an extended fifth wave. The extended fifth starts from the blue wave 4 low (about 12.50). We have completed waves ((i)) ((ii)) ((iii)) [circled]. Wave ((iv)) is about to complete then wave ((v)). Targets for completion of the full pattern is about 27.00 - 33.00. Afterwards Safcom should drop sharply to about 16.00. In Line with my expectation of a major bear in Safricom soon the following news am getting is relevant. Quote:BREAKING: Ms. Yolanda Zuleka Cuba, Chief Executive Officer of Vodafone Ghana to replace sacked Bob Collymore. Women take charge during bear markets. The lady will take charge of Safaricom at a time we expect Safcom to complete its fifth wave then start a major correction. Elections: Women, Bear Markets, Pot and MoreQuote:In this next report from Elliott Wave International correspondent Bob Stokes, he explains that the gender barrier tends to dissipate during stock market downturns. And politics is a high-profile field where women have risen to prominence during bear markets linkConventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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mnandii wrote:mnandii wrote:SAFARICOM in an extended fifth wave. The extended fifth starts from the blue wave 4 low (about 12.50). We have completed waves ((i)) ((ii)) ((iii)) [circled]. Wave ((iv)) is about to complete then wave ((v)). Targets for completion of the full pattern is about 27.00 - 33.00. Afterwards Safcom should drop sharply to about 16.00. In Line with my expectation of a major bear in Safricom soon the following news am getting is relevant. Quote:BREAKING: Ms. Yolanda Zuleka Cuba, Chief Executive Officer of Vodafone Ghana to replace sacked Bob Collymore. Women take charge during bear markets. The lady will take charge of Safaricom at a time we expect Safcom to complete its fifth wave then start a major correction. Elections: Women, Bear Markets, Pot and MoreQuote:In this next report from Elliott Wave International correspondent Bob Stokes, he explains that the gender barrier tends to dissipate during stock market downturns. And politics is a high-profile field where women have risen to prominence during bear markets link Interesting....this socialeconomics is one deep subject.In many instances,your observations turn out right. Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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mamilli wrote:mnandii wrote:mnandii wrote:SAFARICOM in an extended fifth wave. The extended fifth starts from the blue wave 4 low (about 12.50). We have completed waves ((i)) ((ii)) ((iii)) [circled]. Wave ((iv)) is about to complete then wave ((v)). Targets for completion of the full pattern is about 27.00 - 33.00. Afterwards Safcom should drop sharply to about 16.00. In Line with my expectation of a major bear in Safricom soon the following news am getting is relevant. Quote:BREAKING: Ms. Yolanda Zuleka Cuba, Chief Executive Officer of Vodafone Ghana to replace sacked Bob Collymore. Women take charge during bear markets. The lady will take charge of Safaricom at a time we expect Safcom to complete its fifth wave then start a major correction. Elections: Women, Bear Markets, Pot and MoreQuote:In this next report from Elliott Wave International correspondent Bob Stokes, he explains that the gender barrier tends to dissipate during stock market downturns. And politics is a high-profile field where women have risen to prominence during bear markets link Interesting....this socialeconomics is one deep subject.In many instances,your observations turn out right. Vako 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: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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Angelica _ann wrote:mamilli wrote:mnandii wrote:mnandii wrote:SAFARICOM in an extended fifth wave. The extended fifth starts from the blue wave 4 low (about 12.50). We have completed waves ((i)) ((ii)) ((iii)) [circled]. Wave ((iv)) is about to complete then wave ((v)). Targets for completion of the full pattern is about 27.00 - 33.00. Afterwards Safcom should drop sharply to about 16.00. In Line with my expectation of a major bear in Safricom soon the following news am getting is relevant. Quote:BREAKING: Ms. Yolanda Zuleka Cuba, Chief Executive Officer of Vodafone Ghana to replace sacked Bob Collymore. Women take charge during bear markets. The lady will take charge of Safaricom at a time we expect Safcom to complete its fifth wave then start a major correction. Elections: Women, Bear Markets, Pot and MoreQuote:In this next report from Elliott Wave International correspondent Bob Stokes, he explains that the gender barrier tends to dissipate during stock market downturns. And politics is a high-profile field where women have risen to prominence during bear markets link Interesting....this socialeconomics is one deep subject.In many instances,your observations turn out right. Vako Hehe,@angelica hii ni science,si vako.I suspected this bear maneno won't go well with the ladies in the house. Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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The NSE 20 Share Index is completing an Elliott Zigzag. Targets for wave 'C' are 3880-3900. Afterwards expect the Index to fall back below 3540. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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