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Kenya Re - what gives?
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:guru267 wrote:The resistance being shown at 22 bob is quite strong!  Forget 22/-. There are some on offer at 20.50 as of 1.52pm. I think we are confusing "support" with "resistance" Support = 20-21 Resistance = 22-22.5 Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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guru267 wrote:VituVingiSana wrote:guru267 wrote:The resistance being shown at 22 bob is quite strong! Forget 22/-. There are some on offer at 20.50 as of 1.52pm. I think we are confusing "support" with "resistance" Support = 20-21 Resistance = 22-22.5 Support=Resistance depending on direction of price movement  Life is short. Live passionately.
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Looks like it has defied both resistance and support & decided to come back and get wanjiku to board!!!!! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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There are no supplies at the price being dispayed i.e 19.20.As the day moves on price will adjust itself upwards to the ranges of 20.50-20.75 where supply matches demand. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Othelo wrote:Looks like it has defied both resistance and support & decided to come back and get wanjiku to board!!!!! since the release of that insurance report by AKI this share applied some breaks "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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mlennyma wrote:Othelo wrote:Looks like it has defied both resistance and support & decided to come back and get wanjiku to board!!!!! since the release of that insurance report by AKI this share applied some breaks The stock was driving on empty. A thrilling feeling, but dangerous! :)
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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obiero wrote:mlennyma wrote:Othelo wrote:Looks like it has defied both resistance and support & decided to come back and get wanjiku to board!!!!! since the release of that insurance report by AKI this share applied some breaks The stock was driving on empty. A thrilling feeling, but dangerous! :) Do you mean coz it has been profitable since 2012? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:obiero wrote:mlennyma wrote:Othelo wrote:Looks like it has defied both resistance and support & decided to come back and get wanjiku to board!!!!! since the release of that insurance report by AKI this share applied some breaks The stock was driving on empty. A thrilling feeling, but dangerous! :) Do you mean coz it has been profitable since 2012? Indeed, uchumi and eapc were 'profitable' too, until the same were restated.. Usione nyani amevaa tie udhani ni binadamu!
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:mlennyma wrote:Othelo wrote:Looks like it has defied both resistance and support & decided to come back and get wanjiku to board!!!!! since the release of that insurance report by AKI this share applied some breaks The stock was driving on empty. A thrilling feeling, but dangerous! :) Do you mean coz it has been profitable since 2012? Indeed, uchumi and eapc were 'profitable' too, until the same were restated.. Usione nyani amevaa tie udhani ni binadamu!  Uchumi and EAPCC are GoK (influenced) firms as is KenRe but as I have said many a time... I trust the MD but I watch it as closely as I can. I remain distrustful of GoK controlled/influenced firms. My CAUTIOUS EXCEPTION is KenRe. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:mlennyma wrote:Othelo wrote:Looks like it has defied both resistance and support & decided to come back and get wanjiku to board!!!!! since the release of that insurance report by AKI this share applied some breaks The stock was driving on empty. A thrilling feeling, but dangerous! :) Do you mean coz it has been profitable since 2012? Indeed, uchumi and eapc were 'profitable' too, until the same were restated.. Usione nyani amevaa tie udhani ni binadamu! Uchumi and EAPCC are GoK (influenced) firms as is KenRe but as I have said many a time... I trust the MD but I watch it as closely as I can. I remain distrustful of GoK controlled/influenced firms. My CAUTIOUS EXCEPTION is KenRe. 2017 is approaching and the vault at KenRe is full to the brim, with no debt at all.. What happens next??
KQ ABP 4.26
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Kenya Re - what gives?
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