wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

51 Pages«<2627282930>»
When is the Next NSE Bus Leaving the Stage
Options
Previous Topic · Next Topic
mwekez@ji
#271 Posted : Thursday, July 19, 2012 5:38:44 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
3825.93 - a 12 month high. Brought to us courtesy of Mpesa Bank which is on a 16 month closing high!
Back to top
  |
Aguytrying
#272 Posted : Thursday, July 19, 2012 6:11:07 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
i love the unpredictability and the euphoria
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
hisah
#273 Posted : Tuesday, July 24, 2012 3:44:58 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Coop, Equity and KCB volumes picking up this week...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#274 Posted : Wednesday, July 25, 2012 3:46:46 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
maligumu wrote:
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!
Applause Applause Applause



Don't tell me that this Mpesa touched 3.95 while I was away .

Touched 4/- today (a week later) with huge turnover - 109M on 27M share volume with VWAP @3.95.

I guess MS target of 4.40 will be achieved before book closure which is 50 days from today.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
youcan'tstopusnow
#275 Posted : Wednesday, July 25, 2012 4:28:59 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
NSE 20-share index up 32.56 points to close at
3,878.4
GOD BLESS YOUR LIFE
Back to top
WWW
  |
hisah
#276 Posted : Thursday, July 26, 2012 2:32:20 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mpesa bank volumes still high on day 2 - looking to break 4/- resistance level. Will require more buying pressure to break that level down. Too many sellers at this level need to be cleaned out.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#277 Posted : Friday, July 27, 2012 3:07:50 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mpesa bank yet again on day 3 is the most actively traded counter - 14M shares.

The 4/- floor on CIC has been defended and VWAP stands at 4.50. Next destination a retest of 5.25 (listing high).

I'm still concerned about what I'm seeing with the money markets (tbills). Yesterday's auction results are in and 91day weighted rate is now at 13.52% up from 12.92% last week. 182day and 364day yields will equally follow the 91day yield rise. Like I've stated before equities and money markets are inversely related in performance. Very soon the relation will come home to roost and if the tbill rates continue their upward reversal, equities will come down to earth... Also from a technical perspective the index is overbought and due for a correction. I'd pause or take profits where necessary especially those stocks that have flipped more than 50% gains.





$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Friday, July 27, 2012 7:32 PM | Reason: Not specified
Aguytrying
#278 Posted : Friday, July 27, 2012 4:23:44 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@ hisah. It is perplexing that t bills and stocks are rising at the same time. Do you remember a few months ago when t bills had come down to just about 10% and the NSE stayed below 3400 for a while? Anyway, i also see equities coming back. everyone is now getting into the euphoria, getting excited, predictions of even higher prices.
In retrospect what really caused the NSE to fall to 3100 six-eight months ago? EU?, Inflation? currency weakening? high interest rates? pre election fever?
It makes no sense that it happened at that time.
What do you think will be the effect of the elections on the NSE. Where do you see the index 3-6 months before the elections?
I personally think that the index has to fall significantly before the elections though the clouds are not here yet.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
hisah
#279 Posted : Friday, July 27, 2012 7:30:32 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Aguytrying wrote:
@ hisah. It is perplexing that t bills and stocks are rising at the same time. Do you remember a few months ago when t bills had come down to just about 10% and the NSE stayed below 3400 for a while? Anyway, i also see equities coming back. everyone is now getting into the euphoria, getting excited, predictions of even higher prices.
In retrospect what really caused the NSE to fall to 3100 six-eight months ago? EU?, Inflation? currency weakening? high interest rates? pre election fever?
It makes no sense that it happened at that time.
What do you think will be the effect of the elections on the NSE. Where do you see the index 3-6 months before the elections?
I personally think that the index has to fall significantly before the elections though the clouds are not here yet.


If tbill yields (esp 91 day)continue the meltup then the index will slip to 3500. Heavy buying occurred at this level. Globally eurozone debt bomb esp with Spanish 10yr bond yields melting up to unsustainable levels above 7% is dangerous biz for markets. The eurozone is under serious distress and any nation stating the D word would send markets tumbling like a rock. Should uncle bernanke decide that eurozone needs some helping hand and does a heavy USD printing, then this could sustain the markets where they are including NSE. So I'm looking at it from a global perspective rather than what is going on in KE. If euro crashes foreign investors will exit NSE in a huff as all markets will be spooked while QE will have the opposite effect. And with the USD long term charts showing a possibility of multi-year strength, QE is more likely to be offered to stem off that strength.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Friday, July 27, 2012 7:31 PM | Reason: Not specified
kaifastus
#280 Posted : Friday, July 27, 2012 9:37:19 PM
Rank: Member

Joined: 8/17/2011
Posts: 207
Location: humu humu
hisah wrote:
Mpesa bank yet again on day 3 is the most actively traded counter - 14M shares.

The 4/- floor on CIC has been defended and VWAP stands at 4.50. Next destination a retest of 5.25 (listing high).

I'm still concerned about what I'm seeing with the money markets (tbills). Yesterday's auction results are in and 91day weighted rate is now at 13.52% up from 12.92% last week. 182day and 364day yields will equally follow the 91day yield rise. Like I've stated before equities and money markets are inversely related in performance. Very soon the relation will come home to roost and if the tbill rates continue their upward reversal, equities will come down to earth... Also from a technical perspective the index is overbought and due for a correction. I'd pause or take profits where necessary especially those stocks that have flipped more than 50% gains.






Aha! Hisa there are banks that are offering fixed deposit rates of 16% and above for amnts >/= to 1M. Treasury bill rates going up is music to some of us.
Back to top
  |
51 Pages«<2627282930>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.