Eight Egyptian Big Caps under 20 Pounds ($3.5 USD)

when you scan for the blue chips of the Egyptian Financial Market (EGX) you will found the following:

4 Stocks are selling now under 10 Egyptian Pounds, they are:

• Talaat Mustafa group (TMGH.CA), Real Estate
• Egyptian Kuwait holding (EKHO.CA), Financial Services
• El Ezz Steel Rebars (ESRS.CA), Basic Resources
• Credit Agricole Bank (CIEB.CA), Banks

4 Stocks are selling now under 20 Egyptian Pounds, they are:

• Telecom Egypt (ETEL.CA), Telecommunications
• EFG Hermes (HRHO.CA), Financial Services
• Sidi Kerir Petrochemicals (SKPC.CA), Chemicals
• Egyptian Iron & Steel (IRON.CA), Basic Resources

Egyptian Exchange New LLs, Week 14-18 SEP 08

Stocks closed at All Time Low:: AIVC$.CA, AREH.CA, AREHA.CA, DEVE.CA, MOIL$.CA, NAHO$.CA, RAYA.CA, RUBX.CA, TOUR.CA, PHDC.CA, ODHN.CA

Stocks closed at 1 Year Low:: CCRS.CA, COMI.CA, FAITA.CA, RTVC.CA, ASCM.CA, RAKT.CA, SIMO.CA, KZPC.CA, MICH.CA, GGCC.CA, HRHO.CA, SEIG.CA, COSG.CA, PHAR.CA, NASR.CA, SWDY.CA, UASG.CA, APSW.CA, NMPH.CA, AREI.CA, DAPH.CA, GIHD.CA, HELI.CA, MNHD.CA, UNIT.CA, ETEL.CA, ORHD.CA, PHTV.CA, MFSC.CA, ICID.CA

Stocks closed at 2 Years Low:: FAIT.CA, SAUD.CA, WATA.CA, ESRS.CA, IRON.CA, DCRC.CA, ECAP.CA, PACH.CA, DEIN.CA, HDBK.CA, MOSC.CA, SUGR.CA, ZEOT.CA, BIOC.CA, PHPC.CA, EAST.CA, SPIN.CA, ELSH.CA, OCDI.CA, EGTS.CA, SDTI.CA, MPRC.CA

Stocks closed at 3 Years Low:: NSGB.CA, MBSC.CA, OLGR.CA, ORTE.CA

Stocks closed at 4 Years Low:: EMOB.CA, LCSW.CA, SUCE.CA

Stocks closed at 5 Years Low:: ORWE.CA

Egyptian Exchange Weekly Wrap 14-18 SEP 08 … II

to look at the volume leaders, the neglected Eastern Tobacco showed undeclared deal in the last session and ranked the first in the weekly turnover sheet

the rest sheet is interesting!

all of them are the market blue chips and we can consider this a good bottoming sign …

as we saw in the prior week wrap the worst performers were also the blue chips which suggested what happened in this week, this can be another great suggestion by this great counts and tools

I hate to say expect or anticipate, cuz I strongly believe in that: there is no expectation in the financial markets, only following or proceeding without any expectations and guesses, this is how I saw earn my living in this business and what made me smile on any view for any newbie and if there is any expectation in this business then it’s expectation of continuation of the current case (current trend) only and nothing more, no reversal expectation or anything like this ..!

The week Volume Leaders

Stock	Last		% change		% Vol
EAST.CA	261.00		-13.00%		1270%
EXPA.CA	19.32		-10.80%		252%
EMOB.CA	95.50		-20.42%		139%
ABUK.CA	210.00		-9.53%		136%
CSAG.CA	15.93		-24.18%		132%
EGTS.CA	3.00		-20.00%		110%
COMI.CA	39.53		-10.97%		100%
OCDI.CA	115.00		-8.73%		67%
ORTE.CA	39.98		-11.16%		64%
OLGR.CA	33.83		-26.46%		50%
OCIC.CA	303.21		-13.40%		48%

Top/Worst Performers Table

Top Performers Stock % CHG VOL MEDU.CA 0.50% -12% DARY.CA -2.57% -86% EPPK.CA -2.60% -77% MBSC.CA -2.86% -21% MCQE.CA -3.57% -93% MRCO.CA -4.04% 6% EKHO.CA -4.18% -22% CIEB.CA -4.29% 40% SKPC.CA -6.00% -75% ETEL.CA -6.17% 9% SDTI.CA -6.71% 38% AMRI.CA -7.38% -80% PHAR.CA -7.41% -90% EGSA.CA -7.81% -77% BISM.CA -7.84% -1%

Worst Performers Stock % CHG VOL SNFC.CA -38.22% -39% NCEM.CA -38.17% -100% WATA.CA -35.21% -100% ICID.CA -33.85% -46% AREHA.CA -31.82% -63% IRON.CA -31.74% -30% EGAS.CA -31.44% 8% AREH.CA -30.72% -54% WACE.CA -30.37% -66% AFDI.CA -30.18% -9% IEEC.CA -29.27% -28% AFMC.CA -29.15% -54% UASG.CA -29.08% -55% RREI.CA -28.84% -43% SMPP.CA -28.58% -95%

Egypt GDR listed in London, Huge volumes today!! Monday 15 SEP

the GDRs today tumbled with huge volume, this can be assumed accumulation behavior but who knows?!

also there are green GDRs: Telecom Egypt  +3.1% and Lecico +18.4%

Orascom Construction -10.3% with 423% over average volume,

Orascom Telecom, -8.6% with 247% over average volume

EFG Hermes -4.7% with 231% Volume

The Charts

CIB Bank (COMI)	EFG Hermes (HRHO)
Orascom Construction (OCIC)	Orascom Telecom (ORTE)

Egyptian Exchange Weekly Wrap, 7-11 SEP 08

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

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

Egyptian Exchange Weekly Wrap 31/8-4/9

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

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%

Egyptian Exchange: HFI Stocks Price Performance

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

• 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?!

Egyptian Exchange Weekly Wrap 3-7August08

Volume Leaders

Stock	Last		% change		% Vol		Notes
AREI.CA	119.00		-22.73%		190%
$AIVC.CA	1.00		0.00%		118%
MCQE.CA	76.50		1.32%		102%
ETRS.CA	46.22		5.05%		91%
NRPD.CA	36.06		-0.66%		91%
MFSC.CA	6.84		-11.63%		76%
AMOC.CA	70.00		-2.78%		75%
BISM.CA	33.00		17.82%		44%

All Time High/Low

Stock % CHG VOL ETRS.CA 5.05% 91% NDRP.CA 26.94% 0%

Stock % CHG VOL $AIVC.CA 0.00% 118% AREH.CA -10.29% -64% AREHA.CA -14.75% -70% NAHO.CA -7.77% 3% TMGH.CA -2.59% 30%

Top/Worst Performers

Stock % CHG VOL NCGC.CA 28.21% 9% ESGI.CA 22.44% -58% NIRE.CA 21.35% -100% BISM.CA 17.82% 44% OBMI.CA 13.38% -81% AIUR.CA 13.15% -55% ELNA.CA 8.70% -46% ETEL.CA 8.61% -48% SDTI.CA 6.56% 42% AMES.CA 6.39% -33% PHAR.CA 5.69% -63%

Stock % CHG VOL AREI.CA -22.73% 190% RREI.CA -22.61% -71% IEEC.CA -21.08% -42% HELI.CA -19.83% -60% $EKHO.CA -15.52% -72% RTVC.CA -14.90% 39% INFI.CA -14.83% -41% AREHA.CA -14.75% -70% CSAG.CA -14.62% 4% AICR.CA -13.33% -28% EGAS.CA -13.32% -63%

Weekly Wrap 6-10 July08 …

Volume Leaders:

Stock	Last		% change		% Vol		Notes
AGIN.CA	1.30		21.50%		269%		OTC
NRPD.CA	32.60		-38.28%		207%
SNFI.CA	58.50		21.90%		173%
UNIP.CA	57.28		-32.01%		131%
ORTE.CA	62.10		-8.00%		107%
MPCO.CA	36.25		-12.86%		98%
AUTO.CA	45.90		2.00%		86%
$NAHO.CA	1.64		-14.14%		80%
EHDR.CA	9.22		-25.82%		77%
HCFI.CA	1.69		30.00%		76%		OTC

The Worst and Best Performers:

Stock % CHG VOL HCFI.CA 30.00% 76% SNFI.CA 21.90% 173% AGIN.CA 21.50% 269% KABO.CA 17.92% -33% TORA.CA 15.14% -60% ALEX.CA 10.76% 52% ELKA.CA 7.80% -50% ETEL.CA 6.56% -29% SWDY.CA 5.27% -50% AREI.CA 4.99% -64% WCDF.CA 4.26% -62%

Stock % CHG VOL NRPD.CA -38.28% 207% $ESGA.CA -36.81% -84% SNFC.CA -32.02% -44% UNIP.CA -32.01% 131% GIHD.CA -31.69% -35% NMPH.CA -30.24% 6% CCRS.CA -27.05% -48% EHDR.CA -25.82% 77% $TRTO.CA -25.56% -94% NCGC.CA -25.03% -38% RAKT.CA -23.78% 11%

Watch List Based on "Reversal Zone" Setup: Cairo Stocks Also

this is a reversal zone setup, a way that proved many times in downtrends like our case, and worked well in the Egyptian Stock Exchange

note those stocks not like the prior WL, here we can see many stocks in hard downtrend but near this zone for a complete reversal or big correction upward and this with respect to the prior big run

yes they are better in the R:R but worst in the probability, so with the minimum risk and the tight SLs may be we can catch some of them and sure not all of them will be profitable, we don’t pick bottoms here, so with small losses and bigger profits, we will earn some additional money from the market too 

those stocks are: KABO.CA, MFSC.CA, SUGR.CA, ZEOT.CA, EDFM.CA, NMPH.CA, ELEC.CA, ALUM.CA, APSW.CA, AUTO.CA, ETEL.CA, GSSC.CA, NAHO.CA, OCDI.CA, ORTE.CA

You can see some of them in the prior list too and may be this give them the credibility,

and some of them have more than entry to catch it if it will run for small correction

the better and the probable way to trade them with this setup is to waaaait for a reversal price pattern in this zone

so the best way and the best MCaps will be chosen 

The List

Stock	Last	Signal @	LL
KABO.CA	$ 2.70	$ 2.70	$ 2.00
KABO.CA	$ 2.70	$ 2.60	$ 2.00
MFSC.CA	$ 9.64	$ 9.64	$ 5.00
MFSC.CA	$ 9.64	$ 8.95	$ 5.00
SUGR.CA	$ 40.94	$ 40.94	$ 30.00
SUGR.CA	$ 40.94	$ 38.20	$ 30.00
ZEOT.CA	$ 3.16	$ 3.16	$ 2.60
EDFM.CA	$ 38.50	$ 38.50	$ 26.50
EDFM.CA	$ 38.50	$ 35.00	$ 26.50
NMPH.CA	$ 44.80	$ 44.80	$ 31.50
NMPH.CA	$ 44.80	$ 41.00	$ 31.50
ELEC.CA	$ 2.29	$ 1.90	$ 1.35
ALUM.CA	$ 104.00	$ 104.00	$ 74.00
ALUM.CA	$ 104.00	$ 91.00	$ 74.00
APSW.CA	$ 7.18	$ 7.18	$ 5.80
APSW.CA	$ 7.18	$ 7.00	$ 5.80
AUTO.CA	$ 49.06	$ 49.00	$ 39.00
AUTO.CA	$ 49.06	$ 45.00	$ 39.00
ETEL.CA	$ 16.74	$ 14.50	$ 12.75
GSSC.CA	$ 54.38	$ 43.50	$ 35.00
NAHO.CA	$ 1.89	$ 1.87	$ 1.70
OCDI.CA	$ 161.00	$ 159.00	$ 150.00
ORTE.CA	$ 69.10	$ 69.10	$ 66.00