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Bear run after FY
mibbz
#21 Posted : Saturday, April 05, 2014 2:32:21 AM
Rank: Member


Joined: 2/18/2011
Posts: 448
hisah wrote:
Wazua winter - when it takes days for the top 10 investor stock section threads to rotate as well as many comments come from veteran members and as usual lots of guests peeping to see anything new.

I like where this is going smile

Un-crowded market phase for discounts...


@Hisha its an uncrowded wazua; but i do agree market hitting some sort of plateau,as for discounts i really don't see anything special yet.kengen being touted to have a book value of ksh 20 but the rights its a no go zone....anyway for now let me retreat to club sk,its a decent holiday destination smile
murchr
#22 Posted : Saturday, April 05, 2014 6:23:05 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
mibbz wrote:
hisah wrote:
Wazua winter - when it takes days for the top 10 investor stock section threads to rotate as well as many comments come from veteran members and as usual lots of guests peeping to see anything new.

I like where this is going smile

Un-crowded market phase for discounts...


@Hisha its an uncrowded wazua; but i do agree market hitting some sort of plateau,as for discounts i really don't see anything special yet.kengen being touted to have a book value of ksh 20 but the rights its a no go zone....anyway for now let me retreat to club sk,its a decent holiday destination smile


Tuko pamoja huko, even madam guru is there these days she's preaching. Its really dry kipande hii, i read your comment a few hrs ago and its still the treading topic
"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
.
ecstacy
#23 Posted : Sunday, April 06, 2014 7:17:55 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
murchr wrote:
mibbz wrote:
hisah wrote:
Wazua winter - when it takes days for the top 10 investor stock section threads to rotate as well as many comments come from veteran members and as usual lots of guests peeping to see anything new.

I like where this is going smile

Un-crowded market phase for discounts...


@Hisha its an uncrowded wazua; but i do agree market hitting some sort of plateau,as for discounts i really don't see anything special yet.kengen being touted to have a book value of ksh 20 but the rights its a no go zone....anyway for now let me retreat to club sk,its a decent holiday destination smile


Tuko pamoja huko, even madam guru is there these days she's preaching. Its really dry kipande hii, i read your comment a few hrs ago and its still the treading topic


lol. It's nyumba kumi in Club SK for the meantime.
Mainat
#24 Posted : Monday, April 07, 2014 6:49:19 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
That we can have a bear run within 1 yr from a General Election shows how badly unprepared Uhuruto were for running the government.
The key economic issues are GoK finances, hidden inflation, high bank lending rates, the banking forbearance of 2011/12 which has stifled lending and related corruption/insecurity.
GoK can definitely do something about 4 of the above. When? I don' know.
In the meantime, I think Q1 earnings releases will be crucial directionally for the NSE to get anywhere near the 5000 mark which I don't it'll. Q2 earnings will tell us about the economy.
At the start of a bear run, you release gains and stay liquid to take advantage. In the bear run, you stay alert.
Sehemu ndio nyumba
jawgey
#25 Posted : Monday, April 07, 2014 12:04:52 PM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
Mainat wrote:
That we can have a bear run within 1 yr from a General Election shows how badly unprepared Uhuruto were for running the government.
The key economic issues are GoK finances, hidden inflation, high bank lending rates, the banking forbearance of 2011/12 which has stifled lending and related corruption/insecurity.
GoK can definitely do something about 4 of the above. When? I don' know.
In the meantime, I think Q1 earnings releases will be crucial directionally for the NSE to get anywhere near the 5000 mark which I don't it'll. Q2 earnings will tell us about the economy.
At the start of a bear run, you release gains and stay liquid to take advantage. In the bear run, you stay alert.

I still believe money can be made even in a bear market and I will retaliate what the veterans are saying- picking wisely and staying alert! Probably the bear will hit the financials more.
Seeing is believing
Realtreaty
#26 Posted : Monday, April 07, 2014 12:22:49 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
No More Rally in Stocks after FY

It seems speculators have been hit hard as the stocks are not rallying up after closing the final year results. Speculators buy just before the Final Year ending by tracking dates and trying to create a demand when the stock announces good returns , dividends and bonuses. The companies are now giving them a drag after they try to put a book closure period of 2-4 months thus tying the speculators. For example COOP Bnk stock has not risen after a dividend and bonus. Those who want to buy assume the price will come back to 18 after bonus shares start trading hence they can wait.Others who wanted to sell assume a rally will occur near the end of book closure and is worth to wait as it may touch 24-27 Kes. Other examples are Sameer, KCB, Equity, etc
mkonomtupu
#27 Posted : Monday, April 07, 2014 12:41:49 PM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
The govt has committed itself to the IMF to introduce the capital gains tax so I guess this will be the new normal

Plus there is some committee looking at bank interest rates so the days of stellar performance coming to an end

The focus will now be on dividend yields and bond yields
mkonomtupu
#28 Posted : Monday, April 07, 2014 12:50:05 PM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
Feeling of de javu all over again like 2011
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