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Ukiona paka is leading NSE in share price jua...
Impunity
#1 Posted : Wednesday, July 13, 2011 12:56:22 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
...ya kwamba ni kubaya in the market.
Portfolios are competing to remain in the red.

Sad Sad
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Cde Monomotapa
#2 Posted : Wednesday, July 13, 2011 1:12:49 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Impunity wrote:
...ya kwamba ni kubaya in the market.
Portfolios are competing to remain in the red.

Sad Sad

safe haven?
Cde Monomotapa
#3 Posted : Wednesday, July 13, 2011 1:19:14 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
And when did MSC ever get to 6.6? Wololo...
maka
#4 Posted : Wednesday, July 13, 2011 1:27:29 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Things are really thick...
possunt quia posse videntur
Impunity
#5 Posted : Wednesday, July 13, 2011 1:29:13 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
Sufferingcon now at 3.55?
Am I seeing properly?I'm getting burnt a second time by this con, last time was in 2008 after the IPO?
NKT.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Sufficiently Philanga....thropic
#6 Posted : Wednesday, July 13, 2011 1:55:30 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
Ours might be a red market but certainly still a liquid one.
Compare a turnover of just over KES.513M at 1.50PM vs Uganda's KES.289,200 as at close of market today, 12 noon, 1,775 times lower in activity terms!
@SufficientlyP
Sufficiently Philanga....thropic
#7 Posted : Wednesday, July 13, 2011 1:58:45 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
Index already broken the 3,800 level and heade for the 3,500! can it get ther by Friday?
But even if it does, we will still be 52% above our 7 year low of 2,300 registered in March 2009!
@SufficientlyP
For Sport
#8 Posted : Wednesday, July 13, 2011 2:03:04 PM
Rank: Veteran


Joined: 12/23/2010
Posts: 1,229
maka wrote:
Things are really thick...


Why? The number of shares you hold doesnt change from day to day.
selah
#9 Posted : Wednesday, July 13, 2011 2:04:41 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
Sufficiently Philanga....thropic wrote:
Ours might be a red market but certainly still a liquid one.
Compare a turnover of just over KES.513M at 1.50PM vs Uganda's KES.289,200 as at close of market today, 12 noon, 1,775 times lower in activity terms!


Surely should we be comparing ourselves with Ugandan market or Tanzanian in that matter or should we be with likes of Ghanaian,Nigerian, Zimbabwean or even SA and Egyptian markets those are our competition.

Anyway the way the market is sliding I wish I had been patient instead of plunging in last week the coming month is going to be very attractive if the trend continues.

'......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
Sufficiently Philanga....thropic
#10 Posted : Wednesday, July 13, 2011 2:10:39 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
can't beleive my scom is down 5.33% and no support at all,just when i intended to cash out! At this rate, i guess i'll have ot wait!
@SufficientlyP
Barrywhite
#11 Posted : Wednesday, July 13, 2011 2:12:13 PM
Rank: Member


Joined: 12/2/2009
Posts: 286
Location: Nairobi
Its now a downward spiral it seems. The 7 year low could be broken well before August 2012. And in an economy where political temperature is inversely proportional to economic performance, the media is doing us a disgrace by heightening political temperatures too early too soon. Yesterday, Citizen TV indicated they will start profiling presidential wannabes (or candidates? not sure) this Sunday! And l wondered is it too early for this sort of thing?
The laudable is more often than not rendered laughable by overclaim
Impunity
#12 Posted : Wednesday, July 13, 2011 2:21:41 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
Sufficiently Philanga....thropic wrote:
Index already broken the 3,800 level and heade for the 3,500! can it get ther by Friday?
But even if it does, we will still be 52% above our 7 year low of 2,300 registered in March 2009!


Can i dispose of my safacons at a 14% loss and wait for it at 3.00 (at 20% lower price than currently)
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

kenyainvestor
#13 Posted : Wednesday, July 13, 2011 3:16:43 PM
Rank: Member


Joined: 7/12/2011
Posts: 194
The NSE tanking is the best thing that could have happened...
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
TWITTER HANDLE: @kenyainvestor
kenyainvestor
#14 Posted : Wednesday, July 13, 2011 3:19:02 PM
Rank: Member


Joined: 7/12/2011
Posts: 194
kenyainvestor wrote:
The NSE tanking is the best thing that could have happened...

...if you had sold most/all of your shares
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
TWITTER HANDLE: @kenyainvestor
Fyatu
#15 Posted : Wednesday, July 13, 2011 3:47:27 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
If i was undertaking an MBA course, my thesis would be titled "The Impact of Wazua threads on market activity at the NSE".....there seems to be a co-relation between gloom doom threads on Wazua and panic sales at the bourse....perhaps wazua should tell us how many members are subscribed
Dumb money becomes dumb only when it listens to smart money
Pierce
#16 Posted : Wednesday, July 13, 2011 4:15:07 PM
Rank: Veteran


Joined: 3/16/2009
Posts: 1,464
Impunity wrote:
Sufferingcon now at 3.55?
Am I seeing properly?I'm getting burnt a second time by this con, last time was in 2008 after the IPO?
NKT.


Take heart, KQ has burnt me for the 3rd time running. Will need sessions to create a complete 'memory loss' on this stock.

Kimeumana!!
QW25071985
#17 Posted : Wednesday, July 13, 2011 4:15:57 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
kenyainvestor wrote:
kenyainvestor wrote:
The NSE tanking is the best thing that could have happened...

...if you had sold most/all of your shares


not necessarily . ever heard of averaging your buying price ...i want it to go even futhure...
dunkang
#18 Posted : Wednesday, July 13, 2011 4:40:10 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
@QW 25th July 1985, Umeongea kama wakenya hamsini.

Wazuans, don't press the SELL button yet, this lose margin is toooo huge to do that!

If you have cash, buy this existing stocks and ignore the IPOs and fresh listings. By so doing, you will have averaged down your buying price, and in not so far future (i.e. Jan 2012) you can recoup your money. If you insist on a profit, wait till after elections (i.e. after RAO become president)!

Kitendawili,
tendawili,

Ukiona 'njigi' utadhani 'njege' na unapoona 'njege' utafikiri 'njigi'.... -----

Hakuna masika yasiyo na .................-----
Receive with simplicity everything that happens to you.” ― Rashi

SAC Cohen
#19 Posted : Wednesday, July 13, 2011 4:43:06 PM
Rank: Member


Joined: 1/3/2011
Posts: 129
Location: Nairobi
Sufficiently Philanga....thropic wrote:
Ours might be a red market but certainly still a liquid one.
Compare a turnover of just over KES.513M at 1.50PM vs Uganda's KES.289,200 as at close of market today, 12 noon, 1,775 times lower in activity terms!


That's like comparing the NSE with NYSE...

Oranges with oranges my friend.
Impunity
#20 Posted : Wednesday, July 13, 2011 5:34:56 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
SAC Cohen wrote:
Sufficiently Philanga....thropic wrote:
Ours might be a red market but certainly still a liquid one.
Compare a turnover of just over KES.513M at 1.50PM vs Uganda's KES.289,200 as at close of market today, 12 noon, 1,775 times lower in activity terms!


That's like comparing the NSE with NYSE...

Oranges with oranges my friend.


Apple for apple.
Shame on you
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

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