tag:blogger.com,1999:blog-9317825.post8574327522192162917..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: Safaricom @ NSE Day 10bankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9317825.post-7090216957083677962008-06-23T13:22:00.000+03:002008-06-23T13:22:00.000+03:00Some good points on Capital Markets Reforms... htt...Some good points on Capital Markets Reforms... <BR/><BR/>http://allafrica.com/stories/200804171163.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-78973076581264168972008-06-21T00:32:00.000+03:002008-06-21T00:32:00.000+03:00I monitored the "day 10" trade in real time. There...I monitored the "day 10" trade in real time. There were a few thousand shares traded between 8.00-8.50 but they could not appear in the day's "High" because the ATS system uses a volumes weighting to calculate the day's high. Majority of transactions (tens of millions) were in 7.85 range.<BR/><BR/>At no point did I see anybody selling at less than 7.80 - signallling that even International speculators know its a winner - but they wanna lock in the spectacular profits (quick buck).<BR/><BR/>So Safcom demand is already past 8bob - but the local QIIs don't want that to be official just yet - coz they are accumulating!<BR/><BR/>This will continue to happen when the "small-investors" get their hands on the refund cash - unless they all swarm in on Monday and generate sufficient volumes.<BR/><BR/>High net worth may have sufficient volumes to tip the scales - but their cheques dont clear till mid next week (I think).<BR/><BR/>Anyway, now that I know what's going on, I can comfortably focus on other things while waiting for the dust to settle.<BR/><BR/>Hey Banks, this might be a good time to run a survey Ranking brokers - based on safcom experiences. <BR/><BR/>Am looking for the most transparent, most efficient broker in Kenya who respects clients time and money (i.e. one who was virtually flawless during the IPO)... and yes - am hoping to find one in KENYA. Can you help?Maishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.com