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Coop Bank - Stocksmaster's 1st Play 2013
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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MaichBlack wrote:guru267 wrote:Looks like the slaughter house is open for business... There is too much blood everywhere  Investors scared by capital gains tax? Money in the bank might be a good idea by the time it is implemented. If the implementation is immediate no matter when you bought the shares it might be very painful! Assuming you have shares that have appreciated by 300%+ and you try to sell them the day after the implementation and you are told, "Wait a minute, you bought this shares at Kshs. x years ago and now you are selling them at Kshs. 4x. Washa ujiga! reta hiyo pesa tugawane!!! Hii ni system ya majambazi!". And the fellow who sold days earlier keeps all his money! The only thing I keep wondering is where are these guys running to.??? Kenya is among the very few countries in the world without capital gains tax and the only country in East Africa that does not levy this tax! I believe the sell off has more to do with global events rather than capital gains tax! Mark 12:29 Deuteronomy 4:16
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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mwekez@ji wrote:@mkeiyd, to post the chart, right click it, choose properties, then copy the address (URL), click the wazua icon for insert image >  , then paste the address (URL) ... waiting to see that image with Bollinger Bands  @mwekez@ji, There you have it and thanx for educating a fellow wazuan.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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guru267 wrote:MaichBlack wrote:guru267 wrote:Looks like the slaughter house is open for business... There is too much blood everywhere  Investors scared by capital gains tax? Money in the bank might be a good idea by the time it is implemented. If the implementation is immediate no matter when you bought the shares it might be very painful! Assuming you have shares that have appreciated by 300%+ and you try to sell them the day after the implementation and you are told, "Wait a minute, you bought this shares at Kshs. x years ago and now you are selling them at Kshs. 4x. Washa ujiga! reta hiyo pesa tugawane!!! Hii ni system ya majambazi!". And the fellow who sold days earlier keeps all his money! The only thing I keep wondering is where are these guys running to.??? Kenya is among the very few countries in the world without capital gains tax and the only country in East Africa that does not levy this tax! I believe the sell off has more to do with global events rather than capital gains tax! I don't think they are running to anywhere.More like seeking an exit strategy if interest rates were to rise.
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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tomorrow my long awaited KES .50 dividend arrives. good times KQ ABP 4.26
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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;-) 17 just printed. ... days trading range 15.55-17.00 (9.3%). if day trading was possible, this counter could make a good candidate
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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mwekez@ji wrote:
;-) 17 just printed. ... days trading range 15.55-17.00 (9.3%). if day trading was possible, this counter could make a good candidate
@mwekez@ji, Are you sure you saw 17 print? It's not on mystocks nor richlive.
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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17 printed in the first trades,some dudes woke up and picked what was available on offer not knowing lower asks will service. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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mlennyma wrote:17 printed in the first trades,some dudes woke up and picked what was available on offer not knowing lower asks will service. Whats the supply thinking
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mkeiyd wrote:mwekez@ji wrote:
;-) 17 just printed. ... days trading range 15.55-17.00 (9.3%). if day trading was possible, this counter could make a good candidate
@mwekez@ji, Are you sure you saw 17 print? It's not on mystocks nor richlive. mlennyma wrote:17 printed in the first trades,some dudes woke up and picked what was available on offer not knowing lower asks will service. As mlennyma says. it happened. >20,000 shares traded as i watched. check the days trading high and low points. its reflecting in both mystocks and richlive http://live.rich.co.ke/bdexp/index.php
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Coop Bank - Stocksmaster's 1st Play 2013
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