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Madness at the NSE
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Why arent the useless stocks bleeding? Its only the stocks we hed been coveting that are bleeding. Coz someone has to get in at a discount..The CGT being an influence to the bleeding at the NSE is not the reason though people are taking advantage of it otherwise we couldnt be seeing the demand buildup in equity,KCB,Safcom
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Member Joined: 2/18/2011 Posts: 448
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Metasploit wrote:Why arent the useless stocks bleeding? Its only the stocks we hed been coveting that are bleeding.
Coz someone has to get in at a discount..The CGT being an influence to the bleeding at the NSE is not the reason though people are taking advantage of it otherwise we couldn't be seeing the demand buildup in equity,KCB,Safcom Bargain hunters galore,look at safcom demand of 15.75 Mil vs a supply of 9.98 Mil...these bargain hunters shall hopefully stall a further decline.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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There is only one thing I find troubling with our market as well as the global markets which is they haven't sufficiently exceeded the all time highs.Although central bankers considering to pop the bubble is also unexpected.It leaves me unsettled because I'm curious to know what they are seeing ahead to make them introduce volatility with their words.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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hisah wrote:mibbz wrote:huge Ken re order at 14.35,be patient and see that price printing soon
Think GoK is to blame for the current slide,talk of introducing capital gains tax in the stock market has really blunted activity,its all red.....who would have ever thought KCB could print 36.25 after that 42 bob high 6 weeks ago? When the market is expensive, people complain. When the market gives discounts aka bonanza, people complain...
Thus the saying, bulls make money, bears make money, pigs get slaughtered... I ain't seeing enuff blood. Bloody bleeeeed!! @hisah, where is your war song?? Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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Today i'm seeing many "experts" of when people should have sold their holdings. I wonder why they didn't offer their opinions when there was merry all round.
These are the bargains most have been wishing for. To them i say REJOICE!
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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hisah wrote:mibbz wrote:huge Ken re order at 14.35,be patient and see that price printing soon
Think GoK is to blame for the current slide,talk of introducing capital gains tax in the stock market has really blunted activity,its all red.....who would have ever thought KCB could print 36.25 after that 42 bob high 6 weeks ago? When the market is expensive, people complain. When the market gives discounts aka bonanza, people complain...
Thus the saying, bulls make money, bears make money, pigs get slaughtered... How do you get the wisdom to remain a bull, not turning into a pig? Experience?
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Rank: Member Joined: 8/16/2012 Posts: 660
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Mukiri wrote:hisah wrote:mibbz wrote:huge Ken re order at 14.35,be patient and see that price printing soon
Think GoK is to blame for the current slide,talk of introducing capital gains tax in the stock market has really blunted activity,its all red.....who would have ever thought KCB could print 36.25 after that 42 bob high 6 weeks ago? When the market is expensive, people complain. When the market gives discounts aka bonanza, people complain...
Thus the saying, bulls make money, bears make money, pigs get slaughtered... How do you get the wisdom to remain a bull, not turning into a pig? Experience? When you can dance to this. Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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berns wrote:Someone pliz calm me down,am havin ulcers on Kenya Re.Whats going on? Nitoke ama nikae? Guru you offered to buy this stock from me. Utaweza bei yangu? Where are you guys @? Thank God AK is suspended. I'd be needin a blood donor by now.All this reminds me of my previous biggestlosses. Ooh comeon please ha ha!! when did u buy it? Everything that goes up has to come down, and will go up again. Just think about Kenya Re's business..Is it a worth while investment? Someone tell me why isn't Transcentury feeling ths heat? "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: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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People need to relax...in fact calm down....get a hobby...stop watching stocks every minute..the market always takes care of itself!
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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the deal wrote:People need to relax...in fact calm down....get a hobby...stop watching stocks every minute..the market always takes care of itself!  If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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hisah wrote:
When the market is expensive, people complain. When the market gives discounts aka bonanza, people complain...
Thus the saying, bulls make money, bears make money, pigs get slaughtered...
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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hisah wrote:
When the market is expensive, people complain. When the market gives discounts aka bonanza, people complain...
Thus the saying, bulls make money, bears make money, pigs get slaughtered...
For some strange reason I am going crazy with excitement.The only thing on my mind now is 5700.
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Rank: New-farer Joined: 2/8/2013 Posts: 27
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Thanks Guru,King G. I'll sit tight for a big while. Its painful to be an amateur(not all short-termers are) but its the truth. But then again I did that with AK and look at what happened(36 to 5).Reminds me of some folks performing a cleansing ritual of burying a cow alive.It doesnt die immediately. We dont even see it dying. Imagine that sight(in this case,me)!
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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symbols wrote:hisah wrote:
When the market is expensive, people complain. When the market gives discounts aka bonanza, people complain...
Thus the saying, bulls make money, bears make money, pigs get slaughtered...
For some strange reason I am going crazy with excitement.The only thing on my mind now is 5700. seriously? possunt quia posse videntur
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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maka wrote:symbols wrote:hisah wrote:
When the market is expensive, people complain. When the market gives discounts aka bonanza, people complain...
Thus the saying, bulls make money, bears make money, pigs get slaughtered...
For some strange reason I am going crazy with excitement.The only thing on my mind now is 5700. seriously? Serious.
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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the madness is gone!!! hope we deep further! Thieves
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Stay put unless you have a better place to go. "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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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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Kenyan banks likely to post lower end year results this year..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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