KSE-100 index plummets 1,251 points during intra-day trading

[Old Navigator]

Which Stocks?

Many .......
Pharma (SHFA-FEROZ) 50%
Most famous stock on earth (KEL) i.e. kachra item 10%
TREET (most vulnerable stock/kachra) 10%
ECOP (kachra) 10%
CHCC/DGKC 20%

after couple of days i am planning to add PIBTL.

thanks to ALLAH my investment cost has been recovered upto 30% ,2,3 uper caps i will be in neutral zone

Sell them today or tomorrow. the market has bounced back. sell it.. take your initial money and play with the profit.

That is the real issue...I don't believe in day to day trading that is why i purchased these scripts many months ago.... and not going to sell these in loss whatsoever....
and yes thanks to ALLAH i am not on leverage/loan/other money.. I am purely investing on my money that is the reason i can wait till couple of years

 

[Donatello]

at 35500 everybody was expecting the bourse to shed 1500 but then at the end there were exogenous events alongwith the standoff between brokerage houses and governments which made the market almost collapse and people yesterday started to eye 23000 in hopes of a rebound. It wasn't a correction but a systemic collapse of the bourse.

Systematic collapse means, it was well expected in advance. Like i said, stock market is the playground for all the rich. All of these reports they say about 'foreign' buyers are actually Pakistanis with black money stashed abroad. Zardari allowed money into stock exchange without checking where it was coming from. So now, all of that money can be used to purchase stocks, sell them the next day, and the trail ends there. You can say, look, this is my stock earnings. It may not have been a crash like the Wall Street dot com era or 2008s.....but it happened once during Musharrafs tenure, and they decided to put a cap on the lower ceiling. No one want's to lose money 'unexpectedly'......

Many .......
Pharma (SHFA-FEROZ) 50%
Most famous stock on earth (KEL) i.e. kachra item 10%
TREET (most vulnerable stock/kachra) 10%
ECOP (kachra) 10%
CHCC/DGKC 20%

after couple of days i am planning to add PIBTL.

thanks to ALLAH my investment cost has been recovered upto 30% ,2,3 uper caps i will be in neutral zone



That is the real issue...I don't believe in day to day trading that is why i purchased these scripts many months ago.... and not going to sell these in loss whatsoever....
and yes thanks to ALLAH i am not on leverage/loan/other money.. I am purely investing on my money that is the reason i can wait till couple of years

You should have gone with HUBCO, ENGRO power gen and Pakistan International Terminal (Bulk)

 

[SBD-3]

Many .......
Pharma (SHFA-FEROZ) 50%
Most famous stock on earth (KEL) i.e. kachra item 10%
TREET (most vulnerable stock/kachra) 10%
ECOP (kachra) 10%
CHCC/DGKC 20%

after couple of days i am planning to add PIBTL.

thanks to ALLAH my investment cost has been recovered upto 30% ,2,3 uper caps i will be in neutral zone

ECOP is a satta item, KEL is okey, Treet I dont follow this so nothing there. Replace shifa and sheroz with HINOON and SERAL. I prefer MLCF and FCCL in cement universe, FECTC is one good buy can go upto 100. Rest replace ecop with HUMNL or NBP.

Systematic collapse means, it was well expected in advance. Like i said, stock market is the playground for all the rich. All of these reports they say about 'foreign' buyers are actually Pakistanis with black money stashed abroad. Zardari allowed money into stock exchange without checking where it was coming from. So now, all of that money can be used to purchase stocks, sell them the next day, and the trail ends there. You can say, look, this is my stock earnings. It may not have been a crash like the Wall Street dot com era or 2008s.....but it happened once during Musharrafs tenure, and they decided to put a cap on the lower ceiling. No one want's to lose money 'unexpectedly'......

The expectations of 29000 developed when Everest went bust and went into liuqidation. And this event happened at the bottom of correction i.e. people were expecting the bourse to bounce back from 33000. Once everst gone, then the mutual funds redemption trigger become the next downfall and only then people started talking about 27000 or even 23000. The local foreign investors aka local goras have been around for a while so everybody knows them and how they fake FPI inflows.

 

[Donatello]

The expectations of 29000 developed when Everest went bust and went into liuqidation. And this event happened at the bottom of correction i.e. people were expecting the bourse to bounce back from 33000. Once everst gone, then the mutual funds redemption trigger become the next downfall and only then people started talking about 27000 or even 23000

yea, but mutual funds allow the user cash in......and when they see funds spread in a stock market that is going down, they would want to cash now, not later......so that triggers the same overall reaction.

 

[SBD-3]

yea, but mutual funds allow the user cash in......and when they see funds spread in a stock market that is going down, they would want to cash now, not later......so that triggers the same overall reaction.

Investors have this habit of sticking to their view unless the situation becomes permanent. Redemption pressure only builds up as the index fall becomes anticipated. Even today MFs were amongst biggest sellers 12 Mio sells. But given the bourse ended up green and this happens for a couple of days, you'll see redemption slowing down amid hopes of stoppage of wealth destruction.

 

[Donatello]

Investors have this habit of sticking to their view unless the situation becomes permanent. Redemption pressure only builds up as the index fall becomes anticipated. Even today MFs were amongst biggest sellers 12 Mio sells. But given the bourse ended up green and this happens for a couple of days, you'll see redemption slowing down amid hopes of stoppage of wealth destruction.

Yup, but the problem is, that common man can therefore no longer invest in stocks, because too much uncertainty....so it keeps investors out of the market...which is why we have thousands of companies registered in Pakistan but barely hundreds who have stocks on the market.....if i had an IT startup for example, i would want to go public....but there are no investors...and big fish always swim where they can win......that leaves the stock market gaining and losing in the same territory......that is why the Market capitalization is awfully low........Biggest stock market of 200 million people nation....and it barely reaches 90-100 Billion USD.

 

[SBD-3]

Yup, but the problem is, that common man can therefore no longer invest in stocks, because too much uncertainty....so it keeps investors out of the market...which is why we have thousands of companies registered in Pakistan but barely hundreds who have stocks on the market.....if i had an IT startup for example, i would want to go public....but there are no investors...and big fish always swim where they can win......that leaves the stock market gaining and losing in the same territory......that is why the Market capitalization is awfully low........Biggest stock market of 200 million people nation....and it barely reaches 90-100 Billion USD.

You know what, money has its own attraction! These people were protesting and burning outside KSE in 2005 but then they came back again. Again these people saw 2008 and again they burned tyres outside KSE but again were back as market recovered. Without these folks there would be no winners in KSE so the good times are necessary to trap these birds.

 

[Providence]

I was shouting out loud asking members here as to what are the sources of money fuelling the rise 2 months back ?

No fcuking member here had a clue and all they could think of chest-beating at the prospect of resurgence of pak economy or if the PM was due for a credit ?

I feel sorry for dumb pakistanis who lost their money in current tumultuous KSE trends

 

[SBD-3]

I was shouting out loud asking members here as to what are the sources of money fuelling the rise 2 months back ?

No fcuking member here had a clue and all they could think of chest-beating at the prospect of resurgence of pak economy or if the PM was due for a credit ?

I feel sorry for dumb pakistanis who lost their money in current tumultuous KSE trends

There want anything bad on the part of economy, the major downside drivers are
1-Liquidation of frontier portfolio by everest capital after going broke
2-FBR's move to impose CGT on local investors sending money out and then investing it through SCRA accounts to enjoy this exemption and thus evading taxes.
3-SECP's administrative move to stop illegal in-house badla by brokers.
4-Mutual funds facing redemption after market under continous pressure.

 

[Devil Soul]

Bulls toss KSE-100 index up by record 1,307 points - Newspaper - DAWN.COM

 

[SBD-3]

Bulls toss KSE-100 index up by record 1,307 points - Newspaper - DAWN.COM

Banks and foreigners were net sellers yesterday. So figures should have been -5.61 Mio $ and -12.95 Mio $ respectively

 

[Providence]

There want anything bad on the part of economy, the major downside drivers are
1-Liquidation of frontier portfolio by everest capital after going broke
2-FBR's move to impose CGT on local investors sending money out and then investing it through SCRA accounts to enjoy this exemption and thus evading taxes.
3-SECP's administrative move to stop illegal in-house badla by brokers.
4-Mutual funds facing redemption after market under continous pressure.

You sound like a TV anchor on CNBC ! Let me break it up for you .. The money (which was mostly from foreign investors ) went out because the money was not meant for long term investment in equity options. Most investors just wanted to hedge their middle-east regions' positions.

If the fundamentals had been strong, the foreign investors should have bought more stocks considering that the local stock holders were liquidating their positions and THAT money would eventually make its way back again to KSE.