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How to tell NSE has bottomed out
hisah
#3421 Posted : Monday, June 10, 2013 11:44:05 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
This is how MSCI KE index looks like to date...




Keep an eye on this...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
symbols
#3422 Posted : Tuesday, June 11, 2013 12:09:51 AM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
guru267 wrote:
mwekez@ji wrote:
guru267 wrote:
I hear one of the dyer and Blair servers crashed so no online trading! Sad

Looks like we will have low volumes today given D&Bs market share!


>What D&Bs market share?

>Whats the frequency of their market research reports (daily, weekly, on material announcements)

>Whats the quality of the market research reports?



@Mwekez@ji I actually get daily reports... like clockwork!


Don't know if its intentional or not but

Enjoy
hisah
#3423 Posted : Tuesday, June 11, 2013 7:11:21 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
PEs clamour for Sub Sahara investments - http://www.theeastafrica...8/-/psqjgu/-/index.html

SWFs, foreign institutionals, foreign pension funds etc piling in...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
symbols
#3424 Posted : Tuesday, June 11, 2013 7:34:36 AM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
hisah wrote:
PEs clamour for Sub Sahara investments - http://www.theeastafrica...8/-/psqjgu/-/index.html

SWFs, foreign institutionals, foreign pension funds etc piling in...


This is one issue I've come to appreciate.As you said,it could cause a multi-year rally.What concerns me though is if it will cause inflation.
For Sport
#3425 Posted : Tuesday, June 11, 2013 8:05:50 AM
Rank: Veteran


Joined: 12/23/2010
Posts: 1,229
symbols wrote:
guru267 wrote:
mwekez@ji wrote:
guru267 wrote:
I hear one of the dyer and Blair servers crashed so no online trading! Sad

Looks like we will have low volumes today given D&Bs market share!


>What D&Bs market share?

>Whats the frequency of their market research reports (daily, weekly, on material announcements)

>Whats the quality of the market research reports?



@Mwekez@ji I actually get daily reports... like clockwork!


Don't know if its intentional or not but

Enjoy

Thank you!
kryptonite
#3426 Posted : Tuesday, June 11, 2013 8:31:14 AM
Rank: Member


Joined: 2/1/2010
Posts: 272
Location: Nairobi
symbols wrote:
guru267 wrote:
mwekez@ji wrote:
guru267 wrote:
I hear one of the dyer and Blair servers crashed so no online trading! Sad

Looks like we will have low volumes today given D&Bs market share!


>What D&Bs market share?

>Whats the frequency of their market research reports (daily, weekly, on material announcements)

>Whats the quality of the market research reports?



@Mwekez@ji I actually get daily reports... like clockwork!


Don't know if its intentional or not but

Enjoy


Thanks for the link @symbols
Great resource!
The harder you work, the luckier you get
mwekez@ji
#3427 Posted : Tuesday, June 11, 2013 9:55:05 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
kryptonite wrote:
symbols wrote:
guru267 wrote:
mwekez@ji wrote:
guru267 wrote:
I hear one of the dyer and Blair servers crashed so no online trading! Sad

Looks like we will have low volumes today given D&Bs market share!


>What D&Bs market share?

>Whats the frequency of their market research reports (daily, weekly, on material announcements)

>Whats the quality of the market research reports?



@Mwekez@ji I actually get daily reports... like clockwork!


Don't know if its intentional or not but

Enjoy


Thanks for the link @symbols
Great resource!


muchas gracias @symbols

... Q > Does D&B do analysis of financial results when they are released? I cant find any of their analysis on the recently released Q1 2013 bank results. What is more, I can’t see any of their analysis of other companies results which have been released
hisah
#3428 Posted : Tuesday, June 11, 2013 12:40:20 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977


This is still a bralirwa... Next rally cycle should break above 500.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
dunkang
#3429 Posted : Tuesday, June 11, 2013 1:43:15 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
hisah wrote:


This is still a bralirwa... Next rally cycle should break above 500.

EABL? For me, thats a pass for the next 12 months.
Receive with simplicity everything that happens to you.” ― Rashi

hisah
#3430 Posted : Tuesday, June 11, 2013 2:18:07 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
dunkang wrote:
hisah wrote:


This is still a bralirwa... Next rally cycle should break above 500.

EABL? For me, thats a pass for the next 12 months.

Expensive I know, but following the money indicates a melt up is on the cards.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mwekez@ji
#3431 Posted : Tuesday, June 11, 2013 5:21:29 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Ditto - Rich Today wrote:
The Nairobi All Share retreated 0.658% to close at 125.24.
The All Share is +32.026% in 2013 and has corrected 2.861% off an All Time Closing High set in May.
The Nairobi NSE20 tumbled 1.42% to close at 4886.64.
The Nairobi NSE20 Index closed above 5,000 on April 2nd, 11th, 12th and May 31st this Year.
Prior to those Closes The last Time the NSE20 Index closed above 5,000 was on 21st July 2008.
The Securities Exchange traded mostly soft today with a Few Brightspots like Safaricom +1.38%, CFC +4.41%, KenGen +1.78%.
We are in a corrective Phase in a Bull Market.

hisah
#3432 Posted : Tuesday, June 11, 2013 5:37:08 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
NSE wrote:
Buoyed by the sale of ARM Cement shares, turnover rose to Kes.682M on a volume of 32M shares, up from Kes.402M on 18M shares posted yesterday.

The NSE 20 Share Index was down 1.42% to stand at 4886.64 points.

All Share Index (NASI) shed 0.83 points to stand at 125.24


4860 had better hold or it's back to 4700 and 4600 levels as the tight triangle breaks down...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3433 Posted : Wednesday, June 12, 2013 5:25:14 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Foreign investors’ NSE activity drops - http://www.nation.co.ke/.../-/phg1k1z/-/index.html

Quote:
“Local investors have suddenly shown interest in the stocks because of the fact that the period under review is the results period, hence they are keen on counters that have announced impressive dividends,” business development manager at NIC Securities Samuel Gichohi said.

Foreign investors’ participation at the stock market has declined for the third consecutive month as local investors edge them out.


Locals edging out foreigners... Too funny to comment anything here d'oh!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
guru267
#3434 Posted : Wednesday, June 12, 2013 6:03:36 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Those rising 10 year JGBs and US treasuries are causing a global sell off...

If it continues we could be headed for 4,500 on the NSE 20 index Sad
Mark 12:29
Deuteronomy 4:16
Wondergirl
#3435 Posted : Wednesday, June 12, 2013 8:04:09 AM
Rank: Member


Joined: 9/12/2009
Posts: 312
hisah wrote:
NSE wrote:
Buoyed by the sale of ARM Cement shares, turnover rose to Kes.682M on a volume of 32M shares, up from Kes.402M on 18M shares posted yesterday.

The NSE 20 Share Index was down 1.42% to stand at 4886.64 points.

All Share Index (NASI) shed 0.83 points to stand at 125.24


4860 had better hold or it's back to 4700 and 4600 levels as the tight triangle breaks down...

Hisah,
is the bull run on? Or is the bear out of hibernation?
symbols
#3436 Posted : Wednesday, June 12, 2013 8:35:27 AM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
mwekez@ji wrote:
kryptonite wrote:
symbols wrote:
guru267 wrote:
mwekez@ji wrote:
guru267 wrote:
I hear one of the dyer and Blair servers crashed so no online trading! Sad

Looks like we will have low volumes today given D&Bs market share!


>What D&Bs market share?

>Whats the frequency of their market research reports (daily, weekly, on material announcements)

>Whats the quality of the market research reports?



@Mwekez@ji I actually get daily reports... like clockwork!


Don't know if its intentional or not but

Enjoy


Thanks for the link @symbols
Great resource!


muchas gracias @symbols

... Q > Does D&B do analysis of financial results when they are released? I cant find any of their analysis on the recently released Q1 2013 bank results. What is more, I can’t see any of their analysis of other companies results which have been released


@For Sport,kryptonite and Mwekez@ji - Karibu.Don't know about any other analysis but if I stumble on anything I'll communicate it.
symbols
#3437 Posted : Wednesday, June 12, 2013 8:37:34 AM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
mwekez@ji wrote:
kryptonite wrote:
symbols wrote:
guru267 wrote:
mwekez@ji wrote:
guru267 wrote:
I hear one of the dyer and Blair servers crashed so no online trading! Sad

Looks like we will have low volumes today given D&Bs market share!


>What D&Bs market share?

>Whats the frequency of their market research reports (daily, weekly, on material announcements)

>Whats the quality of the market research reports?



@Mwekez@ji I actually get daily reports... like clockwork!


Don't know if its intentional or not but

Enjoy


Thanks for the link @symbols
Great resource!


muchas gracias @symbols

... Q > Does D&B do analysis of financial results when they are released? I cant find any of their analysis on the recently released Q1 2013 bank results. What is more, I can’t see any of their analysis of other companies results which have been released


@For Sport,kryptonite and Mwekez@ji - Karibu.Don't know about any other analysis but if I stumble on anything I'll communicate it.
symbols
#3438 Posted : Wednesday, June 12, 2013 8:41:28 AM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
hisah wrote:
Foreign investors’ NSE activity drops - http://www.nation.co.ke/.../-/phg1k1z/-/index.html

Quote:
“Local investors have suddenly shown interest in the stocks because of the fact that the period under review is the results period, hence they are keen on counters that have announced impressive dividends,” business development manager at NIC Securities Samuel Gichohi said.

Foreign investors’ participation at the stock market has declined for the third consecutive month as local investors edge them out.


Locals edging out foreigners... Too funny to comment anything here d'oh!


guru267 wrote:
Those rising 10 year JGBs and US treasuries are causing a global sell off...

If it continues we could be headed for 4,500 on the NSE 20 index Sad


Tick tock
hisah
#3439 Posted : Wednesday, June 12, 2013 9:44:10 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Wondergirl wrote:
hisah wrote:
NSE wrote:
Buoyed by the sale of ARM Cement shares, turnover rose to Kes.682M on a volume of 32M shares, up from Kes.402M on 18M shares posted yesterday.

The NSE 20 Share Index was down 1.42% to stand at 4886.64 points.

All Share Index (NASI) shed 0.83 points to stand at 125.24


4860 had better hold or it's back to 4700 and 4600 levels as the tight triangle breaks down...

Hisah,
is the bull run on? Or is the bear out of hibernation?

Just a correction for now. Below 4000 would mean the bear is back. As @guru points out, jap 10yr rising bond yields and US treasurys are causing market jitters globally. Jap is especially in a crossfire since their central bank is in the middle of a huge stimulus econ program that has crashed the yen for 6 months now. Their plan was on course until the jap bond yields started rallying. Remember both jap & US funding rates are near zero %. So a movement from say 0.4 to 0.5% is a major yield spike if you are holding bonds for trading. This also make it hard for corporates to float bonds as the yield spike period makes it expensive for them. Already Toyota has shelved its corp bond and other large jap corps. Jap can't afford expensive fund rates at the moment with their econ still recessed since 2011 after that mega quake. In US those bonds will crash the fragile housing market again!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kazee
#3440 Posted : Wednesday, June 12, 2013 12:00:00 PM
Rank: Member


Joined: 9/18/2006
Posts: 131
That explains why the market is seeing red!
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