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CMC LOSS FRUSTRATIONS BUT WHATS NEXT??
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wanyina
#1 Posted : Thursday, August 19, 2010 8:55:13 AM
Rank: Member

Joined: 4/1/2008
Posts: 141
I have 15K shares of CMC bought at heydays '06,07 when CMC splitted 10-1 .This stock have gone drasticaly down or constant, and untill now no any news to back up this stock in growth or any new innovations....Or has anyone heard anything promising ?Now im expriencing a heavy loss in this stock,and im thinking of selling half of the stake and take a loss to divert it into one of the quick moving stock, such as ,MUMIAS, COOP,Equity or NIC,CENTUM .This is a move im thinking of undertaking as away of trying to recover some of my losses.Question is what yr opinions my dear investors??and what is the right stock to target that can impact the positive respond right away??
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qw25041985
#2 Posted : Thursday, August 19, 2010 9:09:37 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
So u want a good stock . Sell half of your stock @ cmc then buy Co-op bank . I even calculated its target price to be 27.00 . With a forward p/e 12.50 .
Your future depends on your dreams so go to sleep !
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sparkly
#3 Posted : Thursday, August 19, 2010 12:29:57 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@wanyina why did you buy cmc in the first place? Stable div, earnings growth, under valued, speculation? Used that as a basis for your decision. If you don't know where you are going, any road will lead you there lol
Life is short. Live passionately.
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the deal
#4 Posted : Thursday, August 19, 2010 2:07:02 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
This is the Stock for Contrarian investors....Please dont sell at a loss....wait until next year...i myself im tipping this one as the stock to watch in 2011....
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2012
#5 Posted : Thursday, August 19, 2010 3:25:03 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
qw25041985 wrote:
So u want a good stock . Sell half of your stock @ cmc then buy Co-op bank. I even calculated its target price to be 27.00

Laughing out loudly Haki qw... when will you ever stop killing me?Laughing out loudly




BBI will solve it :)
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Wendz
#6 Posted : Friday, August 20, 2010 5:31:12 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Where is @Mukiha. What are your views on this share? this share is loudly quiet....
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qw25041985
#7 Posted : Friday, August 20, 2010 5:42:47 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@2012 . Whats tha issue .ar u on laughing gas . So u say Co-Op bank isnt a gud share . Then i must b the 1 laughing at u . Lolest .
I hav no hope in cmc . There are better bargains on the nse
Your future depends on your dreams so go to sleep !
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2012
#8 Posted : Friday, August 20, 2010 6:00:40 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
qw25041985 wrote:
@2012 . Whats tha issue .ar u on laughing gas . So u say Co-Op bank isnt a gud share . Then i must b the 1 laughing at u . Lolest .
I hav no hope in cmc . There are better bargains on the nse


Forgive me. I didn't mean to LOL. It's a personal joke I remembered. My broker once advised me to buy mumias @55 because he was seeing it hitting 100 in a week. I bought, and as much as I wasn't laughing then, now I can.

BBI will solve it :)
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sparkly
#9 Posted : Friday, August 20, 2010 11:02:00 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
...My broker once advised me to buy mumias @55 because he was seeing it hitting 100 in a week. I bought, and as much as I wasn't laughing then, now I can.
[/quote]
@2012 now you are killing me lmao
Life is short. Live passionately.
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ProverB
#10 Posted : Friday, August 20, 2010 11:20:28 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
@2012 ..teheheheheheheheh!!! i think we share the broker!.. remember accepting broker's advice n buying KPLC at 270 coz they were to split within 5 days..in 2008..n watched it fall to 136..and jubilee at 310 and watched it fall to 140.. then i went to the bathroom and met my current analyst..staring in the mirror..myself!!
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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