Wazua
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Call me a hater if you will. I am thinking there will be an almighty crash soon. This price just doesn't make sense. I would take my money while it is still there. Anyone remember Cables at 110? Looks like such a long time ago!
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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mwanahisa wrote:Call me a hater if you will. I am thinking there will be an almighty crash soon. This price just doesn't make sense. I would take my money while it is still there. Anyone remember Cables at 110? Looks like such a long time ago! That was my opinion but I do not want to be a prophet of doom
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Rank: Elder Joined: 7/22/2009 Posts: 7,561
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wote wrote:I have given orders for my stockbrokers to sell all my holdings in this counter at Ksh 80.00 If you had said that a couple of weeks ago, I would have thought you are on cheap drugs but I believe you can even get more than that - fundamentals not withstanding. As @Gatheuzi pointed out, it is gaining by the maximum allowed limit which means it can still go higher. Demand also outstrips supply with supply being at 0 at times!! If you have b*lls of steel you can wait it out but also have @Pkoli's sentiments in mind, it can head south. Nobody can explain the rise, so this is a pure speculative game. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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mwanahisa wrote:Call me a hater if you will. I am thinking there will be an almighty crash soon. This price just doesn't make sense. I would take my money while it is still there. Anyone remember Cables at 110? Looks like such a long time ago! @Mwanahisa, i agree with you that we could soon start seeing a gravitational move, however why are those people buying at that price? and still pushing the price upwards what have they heard? even after learning the circus of cables and worse more uch-mi they are still buying iko nini?
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Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
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Who is buying??? [I do not know if Thakrar can sell (coz of his position as CEO) at any time he wants to but if he can, he should flood the market! Cash in...] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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VituVingiSana wrote:Who is buying???
[I do not if Thakrar can sell but if he can, he should flood the market! Cash in...] That is the million dollar question? I wonder the p/e it is trading now! No one cares, I am scared!
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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VituVingiSana wrote:Who is buying???
[I do not if Thakrar can sell but if he can, he should flood the market! Cash in...] [quote=VituVingiSana]Who is buying??? jana foreign investors bought above 95% leo they have so far bought slightly above 50%
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Jamani wrote:VituVingiSana wrote:Who is buying???
[I do not if Thakrar can sell but if he can, he should flood the market! Cash in...] [quote=VituVingiSana]Who is buying??? jana foreign investors bought above 95% leo they have so far bought slightly above 50% What do these guys know that we dont?
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Rank: Member Joined: 9/12/2009 Posts: 312
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How is the supply. yestarday's demand outstripped the supply.Is it the same case today??
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Yaani Scangroup company (capitalization) is now worth more than Kenol Kobil, NIC Bank and will soon overtake Mumias
BBI will solve it :)
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Wondergirl wrote:How is the supply. yestarday's demand outstripped the supply.Is it the same case today?? According to Rich.co.ke (has some time lag), demand is at 59,300 against supply of 13,800
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Wondergirl wrote:How is the supply. yestarday's demand outstripped the supply.Is it the same case today?? as at now 11:52 BIDS 55,400 Quantity Price Splits Time 9,500 76.00 1 11:37:33 1,300 72.00 2 11:37:33 38,100 70.00 9 11:37:33 600 67.00 1 11:37:33 1,000 65.00 1 11:37:33 ASKS - Quantity Price Splits Time - - - - - - - - - - - - - - - - - - - - TRADES Quantity Price Time 500 76.00 11:37:32 400 76.00 11:37:32 600 76.00 11:37:31 300 76.00 11:17:42 700 76.00 11:10:43
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Rank: Member Joined: 9/12/2009 Posts: 312
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PKoli wrote:Wondergirl wrote:How is the supply. yestarday's demand outstripped the supply.Is it the same case today?? According to Rich.co.ke (has some time lag), demand is at 59,300 against supply of 13,800 That great news, I will place my sellorder tomorrow- May be at 80? 
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Rank: Elder Joined: 9/15/2006 Posts: 3,906
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Seen on Twitter:
@mashinc
#scangroup at 75 bob. WPP said to be mopping up whatever is available #wordonthestreet cc: @coldtusker @alykhansatchu @bankelele @JBonyo
Noting that today foreign buys are 65% and reports of 80% yesterday, could there be some truth to this?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Wow. Death defying quantum leaps by the day EA cables and Equity have once done this parabolic flight and we all know how the story ended. $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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This astronomical rise has caught everyone by surprise. When reached 54 and stopped there i thought the rally was done. but when it continued and reached 60, i realised this thing is on steriods. As of now i just cant believe what im seeing!!!! greed might burn some. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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last post. 76th post for scan group, and scan group at 76. can its posts even keep up with it? (maybe for today it can due to ten % limit) The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 4/18/2009 Posts: 118
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Does anyone remember the story of Daedalus and Icarus? If you fly too close to the stars be VERY prepared for the fall.
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Its very bad to see people eating when your stomach is empty. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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what the H*** is brewing here? people trading on insider information??? Iko nini, i beg you please tell me. Life is short. Live passionately.
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