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Safaricom 1H16 Results net profit up 23%
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mlennyma wrote:Safaricom is attempting to finish this year as if there was no bear at all. The best time to buy was last week of Aug...For those dreaming of 10/-....its just that, a dream  "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:mlennyma wrote:Safaricom is attempting to finish this year as if there was no bear at all. The best time to buy was last week of Aug...For those dreaming of 10/-....its just that, a dream Support around 13 - 14 level held well. The real test is the all time high resistance break above 18 handle. Bulls need to blow apart that level otherwise it'll not be a nice ride down on that rejection.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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If mpesa bank closes the month with this huge reversal rally, bears will start feeling the heat (short squeeze) since the current price action has already reversed past the June/July sell zones. The big test for the bulls still remains breaking above the April/May highs. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Strong rejection at the 17/- handle with decent volume! Selling pressure is back. @mnandii the weekly and the daily charts are not sending very interesting signals for the bulls on this rebound while the majority think that the current bounce means a return of the bulls! By the time we hit the next NSE20 lower lows it'll be very quiet in this forum... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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hisah wrote:Strong rejection at the 17/- handle with decent volume! Selling pressure is back.
@mnandii the weekly and the daily charts are not sending very interesting signals for the bulls on this rebound while the majority think that the current bounce means a return of the bulls! By the time we hit the next NSE20 lower lows it'll be very quiet in this forum...  i still maintain no bull yet and today seems to confirm this "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mlennyma wrote:hisah wrote:Strong rejection at the 17/- handle with decent volume! Selling pressure is back.
@mnandii the weekly and the daily charts are not sending very interesting signals for the bulls on this rebound while the majority think that the current bounce means a return of the bulls! By the time we hit the next NSE20 lower lows it'll be very quiet in this forum... i still maintain no bull yet and today seems to confirm this I'm already tired of this bounce, when I saw saf at 16.25 today I smiled. I knew that the other stocks are also coming down. Equity has also not fully participated in the bounce The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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You people you don't understand the Elliot Wave Principle! You want to watch a straight line graph with a constant gradient so that you shout there is a bull in town? No! When you see Safcom coming down today is a clear sign the bulls are warming up with a long skyrocketing gains. As from tomorrow those who wish to snatch NSE entry will be overwhelmed by tyranny of astronomical demand to nearly all counters. Ceteris Paribus. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Spikes wrote:You people you don't understand the Elliot Wave Principle! You want to watch a straight line graph with a constant gradient so that you shout there is a bull in town? No! When you see Safcom coming down today is a clear sign the bulls are warming up with a long skyrocketing gains. As from tomorrow those who wish to snatch NSE entry will be overwhelmed by tyranny of astronomical demand to nearly all counters. Ceteris Paribus.  Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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@bb I think I know why the laughter. could you be thinking that someone is wearing a mask hiding identity ... 
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Spikes and Realtreaty have eerily similar grammar The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 7/1/2014 Posts: 906 Location: sky
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Aguytrying wrote:Spikes and Realtreaty have eerily similar grammar and are both very optimistic There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Maybe I and Realtreaty have similar syntax. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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littledove wrote:Aguytrying wrote:Spikes and Realtreaty have eerily similar grammar and are both very optimistic twin brothers?
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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whiteowl wrote:littledove wrote:Aguytrying wrote:Spikes and Realtreaty have eerily similar grammar and are both very optimistic twin brothers? I think it's the same person. Nashuku The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Aguytrying wrote:whiteowl wrote:littledove wrote:Aguytrying wrote:Spikes and Realtreaty have eerily similar grammar and are both very optimistic twin brothers? I think it's the same person. Nashuku "Elliot wave Principle " what does that remind you ??
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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According to Elliot wave principle; wave 1&2 are officially declared over. We are headed for wave 3 which is longest if am not wrong I beg for your correction this share will hit 20bob. Jump in people. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Spikes wrote:According to Elliot wave principle; wave 1&2 are officially declared over. We are headed for wave 3 which is longest if am not wrong I beg for your correction this share will hit 20bob. Jump in people.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Spikes wrote:According to Elliot wave principle; wave 1&2 are officially declared over. We are headed for wave 3 which is longest if am not wrong I beg for your correction this share will hit 20bob. Jump in people. So Wazua imported comedians to the Blue section!  Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Iki hit 20bob utado? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
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Boris Boyka wrote:Spikes wrote:According to Elliot wave principle; wave 1&2 are officially declared over. We are headed for wave 3 which is longest if am not wrong I beg for your correction this share will hit 20bob. Jump in people. So Wazua imported comedians to the Blue section! Agreed, but it can get to 20.. Even 30 is not unthinkable
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Safaricom 1H16 Results net profit up 23%
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