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Scangroup boohoo!
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simplicity
#1 Posted : Friday, October 08, 2010 3:00:23 AM
Rank: New-farer

Joined: 1/9/2010
Posts: 34
Location: US
I bought this stock at ksh.9 IPO in 2006 and held it faithfully for 3+ years. I finally let it go at ksh.11 because I thought my money would start to rot. The damn thing traded at Ksh. 74 jana and is going higher. Some people were not meant to ever be rich....Yikes!
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guru267
#2 Posted : Friday, October 08, 2010 3:53:54 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
simplicity wrote:
I bought this stock at ksh.9 IPO in 2006 and held it faithfully for 3+ years. I finally let it go at ksh.11 because I thought my money would start to rot. The damn thing traded at Ksh. 74 jana and is going higher. Some people were not meant to ever be rich....Yikes!

I must admit this is one of my biggest fears in investing being left wondering why you sold....

Thats one of the reasons i keep
Watching stocks that i sold...

Like i'm currently doing with kenya re, Mumias, and unga this year
Mark 12:29
Deuteronomy 4:16
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sparkly
#3 Posted : Friday, October 08, 2010 7:59:11 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@simplicity you made 20%. No need to regret lol
Life is short. Live passionately.
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sheep
#4 Posted : Friday, October 08, 2010 9:55:27 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
regrets dont solve anything...study your mistakes and learn from them.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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Gordon Gekko
#5 Posted : Friday, October 08, 2010 10:50:39 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Reverse thrust has kicked in. Do we wait at 50?
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newfarer
#6 Posted : Friday, October 08, 2010 11:11:22 AM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Monkey business , I said , Utaachwa na nyani yako
with no one to sell to .UZaaaaaaaaaaaaaa!!!!!!!

No fundamentals to support thegrossly overpriced share
punda amecheka
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Cardinal
#7 Posted : Friday, October 08, 2010 12:28:17 PM
Rank: Member

Joined: 5/12/2009
Posts: 266
Simply unbelievable,A colleaque of mine bought the share @ around 20 bob, while i was thinking of buying in to Mumias.

I regret but I have learnt
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the deal
#8 Posted : Friday, October 08, 2010 1:06:26 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
In Scan Group u buy the brain power not the PBV which is made up of Buildings...but the stock has seriously overheat at a PE of 38..u r paying 38 Ksh for every Ksh 1 those brains bring in...
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the deal
#9 Posted : Friday, October 08, 2010 1:08:06 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
In Scan Group u buy the brain power not the PBV which is made up of Buildings...but the stock has seriously overheat at a PE of 38..u r paying 38 Ksh for every Ksh 1 those brains bring in...
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nostoppingthis
#10 Posted : Friday, October 08, 2010 4:50:21 PM
Rank: Chief

Joined: 8/24/2009
Posts: 5,909
Location: Nairobi
Cardinal wrote:
Simply unbelievable,A colleaque of mine bought the share @ around 20 bob, while i was thinking of buying in to Mumias.

I regret but I have learnt


@Sheep/Cardinal...what have you learnt? that is what i try to get from wazua, but haven' managed. What would have informed you then that Scangroup was heading places?
Once i know how someone does that instead of gambling, then i think the stock market is a good place to be in
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