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Mumias leaves a bad taste in investors mouths
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Njung'e
#11 Posted : Monday, November 08, 2010 6:03:22 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Would i be surprised if it touched 7...??.
Nothing great was ever achieved without enthusiasm.
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Aguytrying
#12 Posted : Monday, November 08, 2010 6:44:05 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
guru267 wrote:
the day saw those results in August I knew this stock was a real SELL SELL!!! and i've been screaming that ever since... Now that its gone ex div lets see how low it can go... And let me give another warning UNGA WILL GO THROUGH THE EXACT SAME THING THE DAY IT GOES EX DIV....

p.s i wouldnt touch mumias even at 9 bob

Im with you on this one. There's too much uncertainty in the future to even touch this share. It has been going down since fy results , slowly but surely. If its been going down when its cum dividend, what about ex? Its difficult to watch.
The investor's chief problem - and even his worst enemy - is likely to be himself
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Aguytrying
#13 Posted : Monday, November 08, 2010 6:50:18 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Gordon Gekko wrote:
It should have gone ex today (?), so that is not surprising

its been going down since results, so you cant attribute it to going ex div. From 13 range in sep to 12.50, to 11.50 around october and now 10.50. So you cant really say its now going down coz its ex div. the downward trend started way back. But i agree with you its may fall faster or continue falling now coz of being ex div.
The investor's chief problem - and even his worst enemy - is likely to be himself
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the deal
#14 Posted : Monday, November 08, 2010 7:15:48 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
In the spirit of Contrarian investor MSC is a Strong Buy below 10.

Disclaimer: That's just my opinion and i'm nor giving investment advice.
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X13united
#15 Posted : Monday, November 08, 2010 8:15:06 PM
Rank: Member

Joined: 8/26/2010
Posts: 124
Av been waitin for such a topic n voila! Someone had it in mind too. Fridays n sundays post in standard newspaper must have been a post dividend bait,just to lure more blood to paint the whole street. I admit that am in msc big time. Readers advice: post encouraging details the likes of sh7 n sh8 may simply send me to my casket before due time. All said n done-am waitin for my dividend,i hope it wil last me til we ressurect. I rest my case your honor.
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ProverB
#16 Posted : Tuesday, November 09, 2010 9:04:39 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
the deal wrote:
In the spirit of Contrarian investor MSC is a Strong Buy below 10.

Disclaimer: That's just my opinion and i'm nor giving investment advice.


smile
..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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2012
#17 Posted : Tuesday, November 09, 2010 10:41:17 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Yaani watu hawana huruma? This counter is really taking a bashing! So lucky I was able to offload @13bob, even felt guilty when some wazuans started prophesying 18/-

BBI will solve it :)
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bartum
#18 Posted : Tuesday, November 09, 2010 11:42:28 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
2012 wrote:
Yaani watu hawana huruma? This counter is really taking a bashing! So lucky I was able to offload @13bob, even felt guilty when some wazuans started prophesying 18/-

every day in NSE offers learning opportunity, don't you think so?
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sheep
#19 Posted : Tuesday, November 09, 2010 11:48:03 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
@qw has had his baptism of fire...first K.O was with unga...the next neverready...3rd KO by 'sugar' ray mumias...a one two,one two,shot to the chin kwisha maneno...now makin 'millions' in forex using s'mthing called 'pip'...whatever that is.
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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ProverB
#20 Posted : Tuesday, November 09, 2010 11:56:50 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
sheep wrote:
...now makin 'millions' in forex using s'mthing called 'pip'...whatever that is.


Hata huko niko sure anakung'utwa pia! Laughing out loudly Laughing out loudly Laughing out loudly
..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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