Good idea...

hi sasa ni kali 0 supply Vs 2.5mn demand,NSE stocks zimekua more than gold kupata......naona 30shs ndio kusema sasa

Buyers are still irrational..how high will they still push ???

Check out closing volume and prices tomorrow..speculative money will start selling this week.

Over a week after listing,doomsday investors had predicted a 12 bob in fact sub 9.5 price but it still is above 100% returns. I have always believed judging stocks on the exchange by pure book value/fundamentals might lead to a high opportunity cost should one chose to forgo that purchase.NSE being a good example,hoe do you value it based on pure fundamentals yet there is no measure to compare it to in the region & more importantly,how do you attach a value to investors buying it not for profit but for the potential upside it presents in terms of board seats thus influencing policy and having a say in future strategic moves such as derivatives.

All in all many of us have booked over 100% returns upon selling and no mater how many arguments are presented on its valuation,fact is money is back at a decent multiple.

Pple must be happy that this stock has greatly restored the lost hope that ipo's are a waste of time and resources,in future one will have to judge ipo's soberly but not outright dismissing them,kudos nse share and wish all well as I sell today and wait for the fall predicting prophets if it will ever come.