Wazua
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Madness at the NSE
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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theking wrote:there was a trade of 1.2m shares@54,that's 64.8B as in billion,1 trade,wats happening here? huge trades;
Time Price Quantity Board 14:26 54.50 1,000 NORMAL 14:26 54.50 1,900 NORMAL 14:26 54.50 7,000 NORMAL 14:26 54.50 10,000 NORMAL 14:27 54.00 11,200 NORMAL 14:26 54.00 21,300 NORMAL 14:26 55.00 50,000 NORMAL 14:26 54.00 250,000 NORMAL 14:26 54.00 458,800 NORMAL 14:26 54.00 1,200,000NORMAL Hehe. Io ni 64.8 Million. Not Billion GOD BLESS YOUR LIFE
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Rank: Member Joined: 9/26/2006 Posts: 404 Location: CENTRAL PROVINCE
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youcan'tstopusnow wrote:theking wrote:there was a trade of 1.2m shares@54,that's 64.8B as in billion,1 trade,wats happening here? huge trades;
Time Price Quantity Board 14:26 54.50 1,000 NORMAL 14:26 54.50 1,900 NORMAL 14:26 54.50 7,000 NORMAL 14:26 54.50 10,000 NORMAL 14:27 54.00 11,200 NORMAL 14:26 54.00 21,300 NORMAL 14:26 55.00 50,000 NORMAL 14:26 54.00 250,000 NORMAL 14:26 54.00 458,800 NORMAL 14:26 54.00 1,200,000NORMAL Hehe. Io ni 64.8 Million. Not Billion Over 28M shares traded of CFC Stanbic Bank......thats about 10% of total issued shares!!!! Who is selling and who is buying? Happy Hunting.
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Rank: Member Joined: 1/25/2010 Posts: 344
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youcan'tstopusnow wrote:theking wrote:there was a trade of 1.2m shares@54,that's 64.8B as in billion,1 trade,wats happening here? huge trades;
Time Price Quantity Board 14:26 54.50 1,000 NORMAL 14:26 54.50 1,900 NORMAL 14:26 54.50 7,000 NORMAL 14:26 54.50 10,000 NORMAL 14:27 54.00 11,200 NORMAL 14:26 54.00 21,300 NORMAL 14:26 55.00 50,000 NORMAL 14:26 54.00 250,000 NORMAL 14:26 54.00 458,800 NORMAL 14:26 54.00 1,200,000NORMAL Hehe. Io ni 64.8 Million. Not Billion corrected
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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That's why it's madness ...!!!! The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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stocksmaster wrote:youcan'tstopusnow wrote:theking wrote:there was a trade of 1.2m shares@54,that's 64.8B as in billion,1 trade,wats happening here? huge trades;
Time Price Quantity Board 14:26 54.50 1,000 NORMAL 14:26 54.50 1,900 NORMAL 14:26 54.50 7,000 NORMAL 14:26 54.50 10,000 NORMAL 14:27 54.00 11,200 NORMAL 14:26 54.00 21,300 NORMAL 14:26 55.00 50,000 NORMAL 14:26 54.00 250,000 NORMAL 14:26 54.00 458,800 NORMAL 14:26 54.00 1,200,000NORMAL Hehe. Io ni 64.8 Million. Not Billion Over 28M shares traded of CFC Stanbic Bank......thats about 10% of total issued shares!!!! Who is selling and who is buying? Happy Hunting. ....I feel the fall in price over the last two days on this counter was to bring up this transaction.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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this is obviously strategic. is it foreigner to foreigner or foreigner to local. coz it can't be local to foreigner The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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A foreigner exiting after enjoying the bull run Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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It was African Liason exiting CFC...a firm associated with one recently banned oligarch and a former AG...they might do the same at Liberty...the buyer was local...it could be Liberty Insurance or any of the local funds...but still there were net foreign inflows of about 2% despite CMA sending a message earlier on that no share should be sold to a foreigner...Its good to note the price where this deal has happened!
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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the deal wrote:It was African Liason exiting CFC...a firm associated with one recently banned oligarch and a former AG...they might do the same at Liberty...the buyer was local...it could be Liberty Insurance or any of the local funds...but still there were net foreign inflows of about 2% despite CMA sending a message earlier on that no share should be sold to a foreigner...Its good to note the price where this deal has happened! @Ksh. 54 = @Book Value !! Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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the deal wrote:It was African Liason exiting CFC...a firm associated with one recently banned oligarch and a former AG...they might do the same at Liberty...the buyer was local...it could be Liberty Insurance or any of the local funds...but still there were net foreign inflows of about 2% despite CMA sending a message earlier on that no share should be sold to a foreigner...Its good to note the price where this deal has happened! Mmh...why would they be making an exit? And the probability of them doing the same to Liberty should tell us what contrarian? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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murchr wrote:the deal wrote:It was African Liason exiting CFC...a firm associated with one recently banned oligarch and a former AG...they might do the same at Liberty...the buyer was local...it could be Liberty Insurance or any of the local funds...but still there were net foreign inflows of about 2% despite CMA sending a message earlier on that no share should be sold to a foreigner...Its good to note the price where this deal has happened! Mmh...why would they be making an exit? And the probability of them doing the same to Liberty should tell us what contrarian? Mmh ... as at 31st June 2012, African Liason had 15.73% shareholding in CFC Bank ... as at 31st Dec 2012, they had shed their holding to 10.89%. Fridays transaction was 7% of the Banks shares. Does that mean that African Liason aint done exiting yet? and ditto @murchr, why the exit? On the foreign inflow, will CMA take action
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Rank: Member Joined: 1/25/2010 Posts: 344
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please advice. i have a substantial amount of kcb and panafric shares. kcb books close today n pan on fri. should i dispose and buy back after books closure (capital gains) or should i enjoy the dividend?
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Selling depends on your entry points,if you bought above 30s no need to sell factoring in comissions,i doubt books close will greatly affect the share and even if it does,the recovery will come in a week or two...however if i were you i would sell kcb and buy equity imediately which seems to be making more profit than kcb comparing their financial muscle. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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mlennyma wrote:Selling depends on your entry points,if you bought above 30s no need to sell factoring in comissions,i doubt books close will greatly affect the share and even if it does,the recovery will come in a week or two...however if i were you i would sell kcb and buy equity imediately which seems to be making more profit than kcb comparing their financial muscle. I agree "sell KCB and BUY Equity" or even NBK. I also agree the dip after bks closure cud be short-lived. The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 2/18/2011 Posts: 448
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theking wrote:please advice. i have a substantial amount of kcb and panafric shares. kcb books close today n pan on fri. should i dispose and buy back after books closure (capital gains) or should i enjoy the dividend? Been researching on Pan African and sanlam said they shall be back in the market after books closure to get the remaining 6%, I believe the price shall hold post books closure......as for kcb equity looks like a better option in the medium term, kula dividend then move out any price above 42 is pretty good
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Rank: Member Joined: 1/25/2010 Posts: 344
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mibbz wrote:theking wrote:please advice. i have a substantial amount of kcb and panafric shares. kcb books close today n pan on fri. should i dispose and buy back after books closure (capital gains) or should i enjoy the dividend? Been researching on Pan African and sanlam said they shall be back in the market after books closure to get the remaining 6%, I believe the price shall hold post books closure......as for kcb equity looks like a better option in the medium term, kula dividend then move out any price above 42 is pretty good decided to pick the dividend for kcb. lemmi now watch pan as fri draws closer. thanks
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Seems ARM woke up on the right side of the bed - 320m turnover so far. GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:Seems ARM woke up on the right side of the bed - 320m turnover so far.
These turnover on kawaida stocks. Cfc, Kk, arm. Tyranny. What should we make on them, esp the timing just after elections The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Meanwhile,at mpesa corner,it's all madness. 7.50 is where the bids are coming in ATM @SufficientlyP
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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Eabl ,Cfc powering on also .I get a feeling this market is headed much higher ,pick a bus..
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