mitzy - they did at one time but might have lost the domain name! Rather sad not to have a website!
kudri - EU decision will affect Mumias but not a huge deal. They also plan on cutting EU production so leaves a market for African exports at lower prices.
sudan - If the (S.Sudan) war escalates, then the sugar will not get to Kenya easily. Import quotas can be re-imposed if there is enough political pressure e.g. what Egypt did for Kenya tea.
MSC needs to grow but TARDA is an autonomous entity. No connection. MSC will buy out the "weaker" players first... who are more likely to collapse before Mumias.
If you have the share prices over a period of time you could easily plot your own moving averages using Excel.
Go to Tools - options, data analysis, moving averages. Plug in your data and choose your interval.
Sometimes you have to copy and paste the values in excel over a period of time and build your own database. I do this every evening for US equity markets advances and decline plus the changes in the major indices.
I then do my own 'TA' by ploting the differences which I follow to gauge the market sentiment among other analyses.
The 10d MA is lower than the 50d MA which is lower than the 200d MA. The chart has bear written all over it. The 10d crossed the 50d then the 200d around June 06. A reversal would indicate a bullish trend.
I like to use MA's with the other indicators. Always keep an eye on trading volume as nowadays its easy to manipulate stocks.
I still have a long way to go before I can master how to trade properly.
Once you have a grasp of income statements, balance sheets and cash flow you'll be fine.
Also you need to keep an eye on financial news. Economic indicators mean a lot. Like most things, experience is the best teacher. With time you will get better.
A good starting point is your local library. They should have books that are good for beginners.
What the F! is going on here - with Mr. Anon - kwani where were you born? or rather how stupid are you. Useless wewe. Some questions yenyewe - you will scare even the smartest people in the room.
LOL! I can't stop cracking over this whole Anon/ssembonge discussion.
This is first hand humor. Anon - can you read? how about write? I would love to meet you?
@CT I finally got the link to the Mumias prospectus. Check the link below. http://www.nairobist.com/stocks/financials/mumias/Mumias_Prospectus.pdf
If it doesnt work, just go to www.nairobist.com/pblog/ That piece on Anon and ssembonge got me reeling with laughter. @Mjuaji, you are very funny. Do you have a blog??ROTFLOL
kudri
ReplyDeletetell me more about that 200 day moving average
mitzy - they did at one time but might have lost the domain name! Rather sad not to have a website!
ReplyDeletekudri - EU decision will affect Mumias but not a huge deal. They also plan on cutting EU production so leaves a market for African exports at lower prices.
sudan - If the (S.Sudan) war escalates, then the sugar will not get to Kenya easily. Import quotas can be re-imposed if there is enough political pressure e.g. what Egypt did for Kenya tea.
MSC needs to grow but TARDA is an autonomous entity. No connection. MSC will buy out the "weaker" players first... who are more likely to collapse before Mumias.
ct
ReplyDeletewhat info are you looking for from a prospectus?
thx
ReplyDeletewhere do you find out about the moving average?
If you have the share prices over a period of time you could easily plot your own moving averages using Excel.
ReplyDeleteGo to Tools - options, data analysis, moving averages. Plug in your data and choose your interval.
Sometimes you have to copy and paste the values in excel over a period of time and build your own database. I do this every evening for US equity markets advances and decline plus the changes in the major indices.
I then do my own 'TA' by ploting the differences which I follow to gauge the market sentiment among other analyses.
http://finance.yahoo.com/advances
what happens if there's an oversubscription?
ReplyDeletekudri
ReplyDeletewhy do you think the offer should be 10% cheaper?
ssemb and kudri
ReplyDeletehow did you guys find out about moving averages. did you read a book?
The more you read financial articles the more you learn. There are also books out there though I prefer news articles over books.
ReplyDeletehttp://finance.yahoo.com/q/ta?s=QCOM&t=1y&l=on&z=m&q=l&p=m200,m50,m10&a=&c=
Here is a good example of how to use MA.
The 10d MA is lower than the 50d MA which is lower than the 200d MA. The chart has bear written all over it. The 10d crossed the 50d then the 200d around June 06. A reversal would indicate a bullish trend.
I like to use MA's with the other indicators. Always keep an eye on trading volume as nowadays its easy to manipulate stocks.
I still have a long way to go before I can master how to trade properly.
ssembonge:
ReplyDeletedo you work in the financial services sector?
No I'm not in Finance.
ReplyDeleteHere is an artcle that talks about A/D of the S&P 500
http://usmarket.seekingalpha.com/article/21793
Very similar to what I do with NASDAQ, AMEX and DJIA plus the OTC/BB.
i find this stuff very confusing.
ReplyDeletewhere did you start your reading? is there a site for beginners like me?
do you have to be good in mathematics?
The best place to start is reading 10K's.
ReplyDeleteOnce you have a grasp of income statements, balance sheets and cash flow you'll be fine.
Also you need to keep an eye on financial news. Economic indicators mean a lot. Like most things, experience is the best teacher. With time you will get better.
A good starting point is your local library. They should have books that are good for beginners.
what are 10ks?
ReplyDeletessembonge:
ReplyDeleteWhat are economic indicators? Can I buy or rent financial news in Kenya if so where and how much is it to buy or rent?
ssembonge
ReplyDeletei like money, but i hate reading business news. i find it boring. are there any places with very short articles that i can scan for info?
What the F! is going on here - with Mr. Anon - kwani where were you born? or rather how stupid are you. Useless wewe. Some questions yenyewe - you will scare even the smartest people in the room.
ReplyDeleteLOL! I can't stop cracking over this whole Anon/ssembonge discussion.
This is first hand humor.
Anon - can you read? how about write? I would love to meet you?
baadaye,
Mjuaji
Mjuaji - LMAO...
ReplyDeleteI think I might disable the anon feature but it (sometimes) makes for interesting reading!
I avoid responding to "anon/s"...
Luv your take on it!
@CT
ReplyDeleteI finally got the link to the Mumias prospectus. Check the link below.
http://www.nairobist.com/stocks/financials/mumias/Mumias_Prospectus.pdf
If it doesnt work, just go to www.nairobist.com/pblog/
That piece on Anon and ssembonge got me reeling with laughter.
@Mjuaji, you are very funny. Do you have a blog??ROTFLOL
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ReplyDelete