Trader Diary

Ghareb’s Diary and Trading Log

Posts Tagged ‘EGAL’

Alco, Maridive & Sheeni for today

Posted by Ghareb on May 6, 2009

Today 4 orders triggered from the pending orders list

as in the list we were monitoring those the performance of those stocks on some levels

Alco (RREI) has run today and hungry orders that cause impulsive breakout on both levels 2.9, 3.45

we catch both of them 300K shares @ 2.9 and 15.5K @ 3.4 another order waiting @ 3.9, the current SL 2.9

always take care with any trade in the OTC market

Maridive too (MOIL) did great job today but we must take care in this cuz one of the main holders (EFG Hermes) are getting out of it

we are in it @ 3.1 with 88.3K shares and current SL @ 2.8

Sheeni (PRCL) did what we waiting for the past two sessions, the breakout of 9.35 was great today

we catch it with 78.6K shares, other additions pending @ 11.25, 13.15 respectively

you can see others are doing great from the list but I didn’t have any interest in them like: IRON, EGAL, OCIC

Posted in Active Orders, Market Commentary, Stocks, Trading Journal, Wraps | Tagged: , , , , , , , , , | Leave a Comment »

EGX New Opportunities and weak start for the Week

Posted by Ghareb on May 3, 2009

Here are some MT opportunities in this market, I want to look at the UAE’s too

some of those pending entries breached today but with very week performance and light bids over them

so I must be selective and take those who corrected with at least three weekly bars

those who activated the first entry, you can join them with the additions if you saw strength in their performance in the rest of the weeks’ sessions

those are New entries not addition to existing cuz some of them have pyramids already, so you must take care and use small percent of risk

pending

the red symbols for the breached entries in Sunday 3 May 09 session

I see that Glaxo Smith (BIOC) will show good opportunity if it took off 14.7 and first and stay stable there, we can consider it as as a swine flu stock and under 13 it will give a short while the news effect fades

BIOC recommend by Ghada,

Posted in Market Commentary, Pending Orders, Stocks | Tagged: , , , , , , , , , , , , , , , , , , , , | 2 Comments »

Egypt and UAE Markets SUN 28 SEP 08 Wrap

Posted by Ghareb on September 28, 2008

 

UP IN PRICE & VOLUME

EGX

MOIN.CA     498%
SVCE.CA     343%
DEIN.CA     102%
ABRD.CA    98%
OCDI.CA     88%
INFI.OTC     87%
HRHO.CA     72%
NEDA.CA     54%
RREI.OTC    54%

ADX

WAHA.ADX     707%
ADCB.ADX     172%

DFM

UPP.DFM           66%
TAMWEEL.DFM   43%

DOWN IN PRICE AND UP IN VOL

EGX

AFDI.CA     47%
AMRI.CA     41%
EGAL.CA     40%

ADX

ALDAR.ADX     50%

DFM

AGLTY.DFM     1917%

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Egyptian Exchange Weekly Wrap 21-25 SEP 08

Posted by Ghareb on September 26, 2008

MTRX_EGX

another correction week with lighter liquidity, the market drop -1.71% and some sectors outperformed this week like the chemicals, the foreign investors power selling do everything and even the local institutional cant help this market, wait for bounce after the bailout meeting decision today

Volume Leaders

Stock Last % change % Vol
MCQE.CA 78.00 5.05% 258%
EGAL.CA 48.35 -22.05% 231%
OCIC.CA 311.00 2.57% 87%
AFDI.CA 37.78 2.08% 75%
SVCE.CA 9.70 -12.53% 62%
NRPD.CA 31.53 1.71% 55%
SWDY.CA 100.06 4.46% 53%
ETRS.CA 55.50 17.46% 40%

Best and Worst Performers

Stock % CHG VOL
TRTO.CA 55.65% -82%
MOIN.CA 34.87% -60%
AMRI.CA 25.62% -99%
PACH.CA 21.59% -89%
AREHA.CA 19.93% -90%
ICID.CA 19.40% -75%
RREI.CA 17.57% -52%
ETRS.CA 17.46% 40%
ROTO.CA 16.74% -59%
TORA.CA 14.76% 10%
HDBK.CA 14.34% -8%
SNFC.CA 13.75% -49%
EGAS.CA 10.88% -70%
INFI.CA 10.53% -69%
OLGR.CA 10.46% -52%
Stock % CHG VOL
AALR.CA -43.78% -84%
ECMI.CA -26.90% -91%
AJWA.CA -25.21% -91%
PRCL.CA -22.88% -23%
FOAM.CA -22.58% -95%
EGAL.CA -22.05% 231%
IFAP.CA -19.15% -52%
EPCO.CA -17.95% -29%
MENA.CA -16.13% -71%
OCDI.CA -14.35% -70%
GMCI.CA -13.49%
IDEA.CA -13.33% -7%
KZPC.CA -12.62% -60%
SVCE.CA -12.53% 62%
ACRO.CA -11.08% -71%

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WED 24 SEP 08 Volumes

Posted by Ghareb on September 24, 2008

EGX

DEIN.CA
MOIN.CA
NEDA.CA
DEVE.CA
NRPD.CA
RAYA.CA
SCTS.CA
264%
231%
76%
53%
52%
47%
46%
MOIL.CA
HDBK.CA
SMPP.CA
RTVC.CA
SVCE.CA
EGAL.CA
SUGR.CA
AFDI.CA
EXPA.CA
231%
189%
134%
124%
123%
97%
89%
81%
57%

 

DFM & ADX

ADNH.ADX

71%
ETISALAT.ADX
ADCB.ADX
DIB.DFM
UPP.DFM
247%
69%
79%
26%

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Today Stocks, TUE 23 SEP 08

Posted by Ghareb on September 23, 2008

EGX

Up in Price and in Volume

ABUK.CA  239%

RTVC.CA  46%

Down in Price and Up in Volume

TORA.CA  365%

EGAL.CA  191%

SVCE.CA  115%

WACE.CA  111%

HRHO.CA  51%

MICH.CA  43%

ADX

Down in Price and Up in Volume

NBAD.ADX      159%

ALDAR.ADX     65%

SOROUH.ADX  42%

DFM

Down in Price and Up in Volume

UPP.DFM       153%

TABREED.DFM  81%

EMAAR.DFM     68%

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Egypt & UAE Volumes, MON 22 SEP 08

Posted by Ghareb on September 22, 2008

Green Stocks with Green Volume:

EGX

EXPA.CA     248%
EGAL.CA     176%
EAST.CA     151%
EFIC.CA      124%
EMOB.CA     123%
SWDY.CA    104%
EKHO.CA     103%
CSAG.CA     67%
RREI.OTC    50%
GSSC.CA     49%
ETRS.CA     47%

ADX

ADAVIATION.ADX     492%
ADCB.ADX               339%
SOROUH.ADX           338%
ALDAR.ADX              258%
ETISALAT.ADX          247%
GCEM.ADX               96%
FGB.ADX                  69%

 

 

Red Stocks with Green Volumes:

EGX

AIVC$.CA     80%
AFDI.CA       57%
OCDI.CA      45%

ADX

ARKAN.ADX       368%
RAKPROP.ADX   131%
ADIB.ADX          114%
WAHA.ADX         102%
RAKWCT.ADX     94%
DANA.ADX         88%

DFM

DU.DFM           291%
UPP.DFM          224%
EMAAR.DFM      184%
DIB.DFM           167%
DFMC.DFM          124%
TABREED.DFM   92%
TAMWEEL.DFM   90%
GULFNAV.DFM   76%

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Egyptian Exchange Weekly Wrap, 7-11 SEP 08

Posted by Ghareb on September 11, 2008

the week of no news, very quit week, the blue chip dropped slowly and the rest run!

the worst sector was the small telecom (-6.87) by the help of Orascom Telecom ORTE.CA and it’s bad news and downgrads and bad fair values, then come the banking sector (-5.12) and it’s bad outlook for the next year, today CIB Egypt (COMI.CA) tumbled -5.3% which drag the whole sector with it

the market itself witness -2.71% this week with bigger than average turnover

the best sector this week was the Food sector (+10.96%) cuz the high food prices in Ramadan and inflation rise

the real estate sector performed well too (+7.09%) and this on the contrary to the UAE real estate sector which collapsed badly this week, in egypt the sector run by Talaat Mustafa Group TMGH.CA and it’s news and the new chairman

EGX080911

The Volume Leaders

Stock Last % change % Vol Notes
MHOT.CA 130.00 36.91% 1210% very illiquid
ACRO.CA 48.70 -3.37% 433%
$EGSA.CA 5.25 5.00% 378% like MHOT
EGAL.CA 62.03 39.52% 315%
TMGH.CA 7.10 8.56% 227% **
ABUK.CA 232.13 0.95% 181%
EXPA.CA 21.66 3.14% 181%
AMOC.CA 78.25 0.97% 174%
CSAG.CA 21.01 35.55% 161%
ALCN.CA 150.00 5.63% 141%
ROTO.CA 380.00 -1.76% 139%
ALUM.CA 60.90 25.83% 135%
SEIG.CA 85.52 -4.99% 111%
SCFM.CA 108.98 29.43% 90%
EGAS.CA 247.97 10.21% 84%
AREI.CA 108.00 -2.04% 81%
HDBK.CA 25.17 -2.82% 76%
NRPD.CA 38.25 25.41% 59%
RTVC.CA 8.86 6.62% 56%
$NANA.CA 21.05 -2.55% 55%
CEFM.CA 27.19 21.38% 54%
APSW.CA 6.36 18.88% 51%
SNFC.CA 72.85 7.61% 50%

the best and worst this week

Stock % CHG VOL
EGAL.CA 39.52% 315%
ICID.CA 38.75% -1%
MHOT.CA 36.91% 1210%
CSAG.CA 35.55% 161%
NHPS.CA 34.57% 3%
SCFM.CA 29.43% 90%
EPCO.CA 27.32% -8%
AICR.CA 26.57% -6%
ALUM.CA 25.83% 135%
NRPD.CA 25.41% 59%
NIRE.CA 25.25% -93%
AALR.CA 24.90% 4%
GLAS.CA 24.20% -3%
RREI.CA 24.12% -24%
MOIN.CA 23.75% -86%
Stock % CHG VOL
OLGR.CA  * -19.30% -8%
AJWA.CA -13.68% -56%
TRTO.CA -13.00% -99%
OCDI.CA  * -10.64% -4%
ORTE.CA  * -9.09% 33%
ESRS.CA  * -7.34% -44%
CANA.CA  * -6.75% -31%
COMI.CA  * -5.53% -11%
EMOB.CA  * -5.51% -2%
EHDR.CA -4.90% 29%
ELKA.CA -4.76% -59%
HRHO.CA  * -4.73% 38%
DARY.CA -4.60% -61%
ETEL.CA  * -4.05% 33%
SWDY.CA  * -3.85% -27%

as you see the worst stocks this week were the blue chips of the market (the starred symbols)

let’s see what the market show in the next week

the new portfolio performed very well this week +4.91%, the third week in row, very good start, I will past the week result in the journal blog now

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Egyptian Exchange Weekly Wrap 31/8-4/9

Posted by Ghareb on September 4, 2008

very interesting week, tumbled in the first two sessions by the help of Hisham Talaat Mustafa arresting news and it’s stock blowing and rebound in the end sessions and closed +0.3%

many stocks outperformed this week and little number dropped

the worst sectors this week were: Telecoms, Basic Resources and Real estate

the last one has the murdering issue and the first going down by the bad news of Orascom Telecom bad earning release

the best sectors were the Financials +4.51%, Constructions +4.46%, Chemicals +3.92% which contain many of the blue chips of the market like OCIC.CA, HRHO.CA, EFIC.CA

EGX_table

The Volume Leaders and the Top/Worst Performers this week

Stock Last % change % Vol Notes
TMGH.CA 6.54 1.08% 370% Vol: 216M
ACRO.CA 50.40 -3.08% 227%
$NAHO.CA 0.90 1.12% 222%
ABUK.CA 229.95 4.05% 153%
EGAL.CA 44.46 -0.71% 150%
AREI.CA 110.25 4.01% 146%
CSAG.CA 15.50 7.64% 103%
ALCN.CA 142.00 10.95% 97%
HDBK.CA 25.90 8.14% 86%
MBSC.CA 69.61 0.88% 83%
EHDR.CA 7.55 21.77% 69%
EGAS.CA 225.00 33.14% 63%
AFDI.CA 52.60 36.45% 60%
AREHA.CA 20.16 12.63% 41%

Stock % CHG VOL
SNFC.CA 52.82% 9%
SNFI.CA 47.23% -45%
ABRD.CA 45.61% 40%
AFDI.CA 36.45% 60%
EGAS.CA 33.14% 63%
MENA.CA 26.95% -25%
AALR.CA 24.90% 4%
EHDR.CA 21.77% 69%
OLGR.CA 20.00% 39%
NCCW.CA 19.91% -14%
GIHD.CA 17.35% -23%
IDEA.CA 15.08% -23%
INFI.CA 14.88% -17%
HCFI.CA 14.29% 21%
SMPP.CA 13.62% -95%
Stock % CHG VOL
SCAR.CA -14.92% -47%
ORTE.CA -9.67% 29%
CERA.CA -9.65% -66%
ORWE.CA -8.89% -37%
WACE.CA -7.54% -55%
PPIS.CA -7.24% -79%
EGBE.CA -7.14% -52%
EGSA.CA -5.66% -27%
ETEL.CA -5.18% -44%
MOIN.CA -4.93% -87%
ESRS.CA -4.65% -13%
RTVC.CA -4.37% 21%
SAUD.CA -4.18% -62%
ESGI.CA -4.06% -89%
AIVC.CA -4.04% 16%

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Egyptian Exchange: HFI Stocks Price Performance

Posted by Ghareb on August 14, 2008

I tried here to track the most liquid and working stocks in the market like the sectors performance table, I did this every week and was thinking to attach it here to ease of search

HFI constituents Price Performance

sorted by 1W change

HFI_MTRX

  • in one week the best performers were: ACGC.CA, SCEM.CA, ORWE.CA – sure you cant catch any of them except Arab Cotton this losy week regardless the cement, ACGC was the only clear entry
  • in 2 Weeks there were:Sinai Cement SCEM and Telecom Egypt ETEL.CA – here I didnt saw any entry in the cement by I catched Telecom Egypt in my main account with 4 entries, in the new portfolio by two orders
  • in Monthly basis we can see Sinai Cement too and GB Auto AUTO.CA, again the cement escaped from me too, and my portfolio loaded with Ghabour shares already (when your profit times from single stock cant be count on one hand, you fall in love with it and attach it to the eternal Watch List on the desktop)
  • in three months view: there was EZZ ALDEKHELA IRAX.CA, SWDY.CA cables and Maridive MAPS.CA!, I saw the steel entry but didnt took it cuz it was very high (there was a breakout of the week high that gave this 10% profit), the cables SWDY.CA already taken with two separate trades(means each one entered and exit alone without addition, and MAPS was new listed company and I’m not interesting in the new stocks in EGX
  • in 6 Months long I didnt took a trade with that long except in the old days when riding the big trend was the only method to profit from the Egyptian Exchange but if You watch you can see: EFIC.CA 54%, SVCE 18%, IRAX.CA 45%, ABUK.CA 18%, ORWE.CA 9% — I’m sure I haven’t any trade in ABUK or ORWE  neither SVCE.CA in the last 6 months, but EFIC Egy Financial I remember I were holding 19 positions in it in 20/5 and the liquidation began this week, I absorbed it trend very easily and happily, it was a great ride, EFIC has many memories with me, IRAX also I took a trade or two beside the mentioned above

interesting to see how your strategy success, and if it still or not!, this is what I mean by tracking, you can make it simpler by watching the best performers across 20 days only and see, did you catch any of them?, if many of them escaped, ask yourself why?!

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