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The stock market has Bottomed
hisah
#231 Posted : Friday, May 18, 2012 7:33:01 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mwekez@ji wrote:
Election year = higher money supply = higher inflation = higher interest rates = slow economic growth = slow nse performance

So how is it

Election Year = higher money supply = Lower inflation rate = lower interest rate = lower economic growth = higher nse performance

Something will have to give in


Good summary. Plain and simple even for the wanjikus Applause Applause
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#232 Posted : Friday, May 18, 2012 7:39:41 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Aguytrying wrote:
@hisah. Im interested in accumulating KPLC. in your estimation is the share pointing up, down or flat as per the charts. regards.

@Aguy - the chart is clueless at the moment.
With KE looking to boost the power output, KPLC still has years to run on gains. If they have it their way and revise the tariffs up this July, then more revenues are coming their way. I remember reading an article last year that one kirubi has been buying this counter.

As long KE is poised to grow the econ from 4% to 10%, KPLC is a buy for the long term.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#233 Posted : Friday, May 18, 2012 7:52:33 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@deal - Are you counting the waves... Wave 5 likely to test 3900 - 4000 around August - Sept 2012 then the cool off till 2013 after the elections.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#234 Posted : Friday, May 18, 2012 7:59:14 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
The hottest NSE stock chart in H1 2012 definitely goes to uchumi, maybe even the for year... But caution as climax signs are flashing.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#235 Posted : Friday, May 18, 2012 8:05:23 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
3,699.69 points. If KK was trading, we'd be past 3700 alreadysmile Hehe. Just saying...
GOD BLESS YOUR LIFE
QW25091985
#236 Posted : Friday, May 18, 2012 8:05:31 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
what wrong with kplc ? bought at 19.00 . saw to go to 24 then back to 15 bob now ???
wow . no help there . very frustrating
QW25091985
#237 Posted : Friday, May 18, 2012 8:06:53 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Cde Monomotapa wrote:
guru267 wrote:
youcan'tstopusnow wrote:
It seems all the stocks are receiving BUY recommendations from brokers


Most Kenyan stocks are trading with single digit P/Es and below or around their NAV making them cheap despite the significant rally thats already happened...

True @guru. I also think we are yet to get to premium levels.


aiish . kwani this stock market is blind to ak ????
Aguytrying
#238 Posted : Friday, May 18, 2012 10:28:42 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
Aguytrying wrote:
@hisah. Im interested in accumulating KPLC. in your estimation is the share pointing up, down or flat as per the charts. regards.

@Aguy - the chart is clueless at the moment.
With KE looking to boost the power output, KPLC still has years to run on gains. If they have it their way and revise the tariffs up this July, then more revenues are coming their way. I remember reading an article last year that one kirubi has been buying this counter.

As long KE is poised to grow the econ from 4% to 10%, KPLC is a buy for the long term.


thank you sir. much appreciated
The investor's chief problem - and even his worst enemy - is likely to be himself
guru267
#239 Posted : Saturday, May 19, 2012 5:48:48 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mwekez@ji wrote:
Election year = higher money supply = higher inflation = higher interest rates = slow economic growth = slow nse performance


And who wrote this rule??

Higher money supply is the basis of this argument and yet I am personally not aware of any printing of money by CBK specifically for the general election so its not clear where the increase in money supply comes from in your rule..
Mark 12:29
Deuteronomy 4:16
Cde Monomotapa
#240 Posted : Saturday, May 19, 2012 7:09:41 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
QW25091985 wrote:
Cde Monomotapa wrote:
guru267 wrote:
youcan'tstopusnow wrote:
It seems all the stocks are receiving BUY recommendations from brokers


Most Kenyan stocks are trading with single digit P/Es and below or around their NAV making them cheap despite the significant rally thats already happened...

True @guru. I also think we are yet to get to premium levels.


aiish . kwani this stock market is blind to ak ????

When we think about it, the earnings of most of the NSE companies have out-performed the Index for a very longtime. Some doing +30% p.a while the NSE has just been slacking off. That's the basis of my arguement. The upside correction has to occur at some point and I shall wait untill it does.
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