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uchumi share price today
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Cde Monomotapa
#141 Posted : Wednesday, June 08, 2011 10:14:24 AM
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Any sentiments for the day? @10.20
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Cde Monomotapa
#142 Posted : Wednesday, June 08, 2011 10:20:37 AM
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Any sentiments for the day? @10.2 0
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Cde Monomotapa
#143 Posted : Wednesday, June 08, 2011 10:29:17 AM
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Cde Monomotapa wrote:
Any sentiments for the day? @10.30
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QW25071985
#144 Posted : Wednesday, June 08, 2011 10:35:56 AM
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Wow. Huge demand showing up. Today is goin to be an up day. My advice is to get in now since i dnt see lower prices and dump the thing at 14. For a 32% profit.
Those who pickd it up yestaday i envy ur quickness.
Now off to the broker to do the necessary ! Lolest
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invest0r
#145 Posted : Wednesday, June 08, 2011 11:16:00 AM
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A quick analysis of the that huge demand reveals that over 95% is at KES10 and below (as at 11.10am)
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mlennyma
#146 Posted : Wednesday, June 08, 2011 11:17:13 AM
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There will be high resistance at 11 if it will ever come 14 is a miracle.
"Don't let the fear of losing be greater than the excitement of winning."
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mlennyma
#147 Posted : Wednesday, June 08, 2011 11:19:40 AM
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Demand is only pegged below 10 which was the debenture figure.
"Don't let the fear of losing be greater than the excitement of winning."
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QW25071985
#148 Posted : Wednesday, June 08, 2011 11:24:33 AM
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come on guyz dnt you think demand showing up at 10.00 is a sign of bottoming.Even if 1 million shares demand showed u at 10.00 its still a sign of bottoming..anyway the day is still young lets wait upto 3.00 pm to see if the price action is for real.
14.00 wount come over-night but it might just show up since thats the next resistance level that might meet some huge selling...

#food for thought.
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Cde Monomotapa
#149 Posted : Wednesday, June 08, 2011 11:28:42 AM
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I find the folly of investors (or is it traders) is such a fixation on price & making these companies appear static business wise (@ their behest) and yet these companies are on a daily basis either doing poor, flat or improved business. My advice...think more of value & price as a function of value.
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invest0r
#150 Posted : Wednesday, June 08, 2011 11:46:18 AM
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@cde, traders and investors make money in a vibrant market. The difference between them is that the trader has to keep a close watch on the price movements. On the other hand, investors pay more attention to the fundamentals of a company. It is possible for one to be both a trader and an investor in a market. Actually, most people will put 20% of their portfolio for trading purposes and the rest (80%) as investment.

Uchumi is a share for traders ... before we get sufficient information on its fundamentals.

My 2 cents
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Cde Monomotapa
#151 Posted : Wednesday, June 08, 2011 12:00:12 PM
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I concur @InvestOr. The traders will have their way as the investors await results any day after end of June. The game show continues...WHO's SMARTER NOW!! Lol. Cheers.
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the deal
#152 Posted : Wednesday, June 08, 2011 12:05:42 PM
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look who is saying Buy Buy Buy now with supply at 72K vs demand of 1M a rally is in order...traders or investors both have price target...once your price target is met you sell.
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invest0r
#153 Posted : Wednesday, June 08, 2011 12:50:07 PM
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@the deal, when taking your research paper, you may consider the topic of 'between a smart trader and an intelligent investor, who makes the most money in the long run'. With your proven skills, am sure you would produce interesting findings
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invest0r
#154 Posted : Wednesday, June 08, 2011 1:42:58 PM
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... And no need to listen to this person shouting buy buy buy coz with a slight immaterial change in the market, he will be shouting sell sell sell
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Cde Monomotapa
#155 Posted : Wednesday, June 08, 2011 1:48:55 PM
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invest0r wrote:
... And no need to listen to this person shouting buy buy buy coz with a slight immaterial change in the market, he will be shouting sell sell sell
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Sufficiently Philanga....thropic
#156 Posted : Wednesday, June 08, 2011 2:07:59 PM
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And now supply only 3,000 shares at 10.50 bob as at 2.08PM!
@SufficientlyP
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Cde Monomotapa
#157 Posted : Wednesday, June 08, 2011 2:22:51 PM
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Sufficiently Philanga....thropic wrote:
And now supply only 3,000 shares at 10.50 bob as at 2.08PM!

Oops...bids @10.55 no offers.
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selah
#158 Posted : Wednesday, June 08, 2011 2:31:58 PM
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With people watching this share every day I dont think it will get its footing anytime soon speculators are really destabilizing the share.

The best thing is do your own independent valuation and plunge in or wait, if not am seeing pple here getting seriously burnt.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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QW25071985
#159 Posted : Wednesday, June 08, 2011 2:52:06 PM
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invest0r wrote:
... And no need to listen to this person shouting buy buy buy coz with a slight immaterial change in the market, he will be shouting sell sell sell


well . look whose talkin...how about you just admit your poor judgement and get onboard.I hope you arent waiting for it at 5.00 like you said.
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QW25071985
#160 Posted : Wednesday, June 08, 2011 2:56:53 PM
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this is a very dangerous market ( and ranging market is very dangerous even in forex) there are no serious buyers and mostly guys in the market are speculators so whatever you go be such you can afford to loose the amount of money you are speculating with.
Oh and by the way Uhuru will be having some forex goodies in his bugjet.have a listen if you can....
And yes picked up Uchumi today..
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