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When is the Next NSE Bus Leaving the Stage
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mnandii wrote:hisah wrote:Aguytrying wrote:hisah wrote:http://www.freeimagehosting.net/gp51m nice cartoon. interpretation? what i can see is the two lines meet at 3,500. Thats a 10yr chart with a large triangle. A break above 4000 will add more bullish strength while the opposite happens if a fall out of the lower part of the triangle happens. The lines convergence in Mar 2014 tho not shown on the chart. @hisah. A triangle has 5 waves and from your image my interpretation is that NSE should push slightly beyond 4000 points completing wave E(the fifth wave) b4 plunging downward. This to me is consistent with the status of the global economy which is in the initial stages of deflation whose bottom is 2016. One final upthrust towards 4000, before short term reversal. But due to the danger of deflation I expect another globally coordinated QE since euroland debt bomb is worse than Lehman. If it happens, equities will recover their mojo. But for how long since QE doesnt fix anything.
If the index reversal is sharp and does breach the lower trending line of the triangle, that will be bad news. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Sufficiently Philanga....thropic wrote:guru267 wrote:Hi-Teck wrote:So, which stocks are undervalued and best to accumulate, whether short or Long term? KCB, Kenya re, unga just to name a few... Simba set to print 25 before long! How nice  before elections are done and dusted there is NOWHERE stocks are going from their current levels. except maybe the undevalued ones. the ones that havent rallied with the nse. by nowhere i mean no more than 20% from current price, if im wrong ill be very surprised . The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Safcon demand 15,648,600 supply 1,698,100 3.80 almost printing!
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Metasploit wrote:Safcon demand 15,648,600 supply 1,698,100
3.80 almost printing! Printed... What is going on today? I can also see crazy bids on CIC just listed. Or is it my monitor...
13:57:49 3.65 1,845,100 3.80 0.15 4.11%
13:47:55 3.65 200,000 3.80 0.15 4.11%
13:47:55 3.65 164,700 3.80 0.15 4.11%
13:47:55 3.65 200,000 3.80 0.15 4.11%$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Bloomberg wrote:Jan 13 2010 -- Safaricom Ltd., Kenya’s biggest mobile-network operator, had its price estimate raised to 6.40 shillings at Morgan Stanley, from 4.80 shillings.
“We reiterate our overweight on Safaricom, supported by a solid earnings backdrop for the next 12 months,” analysts including Sean Gardiner and Madhvendra Singh wrote in an e- mailed note to clients today.
2012
Safaricom Ltd. (SAFCOM) , East Africa’s biggest mobile- phone operator, rose to a two-week high, jumping 1.4 percent to 3.65 shillings. The stock was rated overweight, the equivalent of buy, with a 4.40 shilling price estimate in a research note by Morgan Stanley received by e-mail today. In 2012 BD wrote:This comes as global financial services firm Morgan Stanley, in a research note published this month said that Safaricom would be the biggest beneficiary from the delay in the MTR cut, adding that the freeze would discourage more aggressive tariff reductions from Airtel and Yu. Yep, MS is back. This year they stated that lower MTR would squeeze mpesa bank, but now that MTR deal for 1.60 rate has been thrown into disarray... Back in 2009 MS priced it at 4.80. I guess that's where we will see this thing fly! http://www.businessdaily.../0/-/ul2s7f/-/index.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Yields on Kenya's 182-day T-bills rise to 12.801 pct - http://af.reuters.com/ar...s/idAFL6E8IIFWC20120718
Tbill yields still rising, NSE still rising... The tbill auctions are still undersubscribed. I don't like what I'm seeing. This is an ugly fight between equities and money markets and the loser will bleed badly... Quote:Commercial banks have been putting their funds into Term
Auction Deposits in the repurchase agreements market, which have
been offering higher returns than Treasury bills. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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There are also other non-listed *buses* which may be leaving the stage sooner than later. Its time wazuans took a stake in UNAITAS formerly muramati. CIC did the same thing in 2010 and we took up positions and you can guess where we are today after Kibaki rang that famous bell! A share its still at 10bob! *BGL does not work for UNAITAS and has no intention of working for them in the next 10yrs* History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mpesa bank is showing strength than the index... Bulls taking over!  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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hisah wrote:Mpesa bank is showing strength than the index... Bulls taking over! Only a paltry 500K shares on offer at 3.95 against a 20M demand. Should touch 4 bob before week close! The delay in announcing new(and lower) MTR is definately working for them! @SufficientlyP
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Rank: Member Joined: 2/22/2010 Posts: 510 Location: De egg
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Sufficiently Philanga....thropic wrote:hisah wrote:Mpesa bank is showing strength than the index... Bulls taking over! Only a paltry 500K shares on offer at 3.95 against a 20M demand. Should touch 4 bob before week close! The delay in announcing new(and lower) MTR is definately working for them! Don't tell me that this Mpesa touched 3.95 while I was away . Peace be with you
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