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Stocks Lesson(s) Learnt
Mainat
#11 Posted : Monday, October 13, 2008 10:45:00 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
I was talking about a sustainable investing strategy. How many of those speculators are still trading regularly today? Those peep who have sold are not in the market. I was referring to investors still at the NSE.

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
jammo
#12 Posted : Monday, October 13, 2008 12:42:00 PM
Rank: Member

Joined: 2/12/2008
Posts: 345
@mainat...sustainable investing...means at any point in time u are well leveraged out. Am of the school of thought that 20% of whole investment in stocks should be in cash...enable cost averagin as well as leveraging. Am sittin on 6 accounts with total cash 7.2m!..owners don't think it time to buy yet. One particular counter bought 16k KQ in 2002 at 23....sold off at 98 in 2006....sunk the whole 1.5m into KQ again at 58... Sold off whole 28KQ last week at 45...to cut off losses..intendin to put a buy when bottomed out....possibly sub34...which it hit today. Do the math..and tell me really whether he'd be better off holdin the 2002 stake. Same with east africa cables..which is at 28-29 level.

' I have heard of You,o Lord. Now mine eyes have seen thee!! Baal-Perazim.. The Lord of the Breakthrough!!'
ellli
#13 Posted : Monday, October 13, 2008 3:13:00 PM
Rank: Member

Joined: 10/11/2008
Posts: 2
Jump from a sinking ship and wait for it at the botttom of the ocean,and then board it!

lovely site!
ngapat
#14 Posted : Monday, October 13, 2008 5:48:00 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
i've lost all gains i've made since my debut in stocks during the 2006 bull market. That means i've been doing zero work. ' I STARTED WITH NOTHING & I STILL GOT MOST OF IT LEFT'
“Invest in yourself. Your career is the engine of your wealth.”
WorreniPafeti
#15 Posted : Monday, October 13, 2008 8:16:00 PM
Rank: Member

Joined: 9/2/2008
Posts: 3
Think fo urself,plan out strategy and never hold your thoughts and beliefs and tenets as Gospel truth. Use them to take you to the next level only. Be adaptible. Break your own rules once in a while for a good cause and good chums.


@ young
(b) Time is money,be ready to wait as long as possible

- You may end up watching one counter while the harvest is on the other counters


c) Plan to buy at a price that is far below your thinking,the kind of price YOUR BRAIN CANNOT COMPREHEND -
That is bearish thinking. Before this storm when the market was a bull,prices were not going tremendously downward. it just so happened that the prices dropped this year from last drop 2002. Does that mean u wud have held your money from then till now?


(f) You cut loss on a sinking stock,but leverage on a violatile stock. You do not leverage on a counter that you are not 101% sure of a quick rebound.
- MY Lesson learned,you are never 50% sure leave alone 101% with stocks. So far no one has explained why cables romped last year,equity busted up then out despite 200% improvement of profit b4 tax. Explain to me why Mumias with a dividend payout of roughly 5%,probably the best this year is dropping like hot bricks down an ice cream tunnel.



To the guys who bought nation at 10/= and chall out,gud on you. But how about a speculator who wud have bought and sold 500 times since then including mumias of 2002/2003,cables,equity,NIC of last year and all the other crazy shares in between ? He may be down a little red right now but living in a phat crib with a phat ride and a fat wife



while guys are holding on with fists clenched white with a never sell attitude,others got out of safaricom at 5.50 and are now back in at 4 bob.



Hind sight seems to make us think we can now see the future better!



The one thing I have learnt best from Robert kiyosaki is listen to advice but THINK FOR UR SELF!
jammo
#16 Posted : Tuesday, October 14, 2008 10:25:00 AM
Rank: Member

Joined: 2/12/2008
Posts: 345
@ngapat.... Fire your advisor! O drat! Its u!

' I have heard of You,o Lord. Now mine eyes have seen thee!! Baal-Perazim.. The Lord of the Breakthrough!!'
young
#17 Posted : Saturday, October 18, 2008 7:24:00 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
@worrenipafeti

Everoyne think beariish in terms of entry price to buy a counter SO AS TO BUY AT THE DOWN SWING IE THE CHEAPEST POSSIBLE PRICE.

Look at it this way will YOU feel good to buy wonderful counter A today at 100 bob and four days after it is 80 bob,notwitstanding the promising fundamentals ?

KCB is a handy example. 23 Bob on mon 13th Oct was good enough but by holding my cash it is gettig towards 20 bob and below on Fri 17th oct . Is KCB not a good stock ? This same cash was ready since early sept when KCB was 27 bob but see now ??? i WAS ACTUALLY WAITING FOR EQUITY THEN OPPORTUNITY FOR KCB BECKONS. THAT IS THE BEAUTY OF WAITING.





AFRICAN INVESTOR
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
ngapat
#18 Posted : Saturday, October 18, 2008 9:49:00 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
another lesson! do not follow all advices on this site. I've lost my hard earned cash severally by following some advices here. i recommend u research as well.
“Invest in yourself. Your career is the engine of your wealth.”
MARREX
#19 Posted : Monday, October 20, 2008 8:38:00 AM
Rank: Member

Joined: 9/1/2008
Posts: 28
young
#20 Posted : Thursday, October 23, 2008 12:40:00 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
FOR THOSE THAT CARED TO LISTEN SINCE OCT 12 THAT I POSTED THIS INFO AND BECOME MORE CAREFUL IN HOLDING THEIR CASH AND WATCHING THE MARKET I BELIEVE THEY ARE LUCKY.

I WILL STATE AGAIN AND AGAIN THAT THERE IS A TECHNIQUE OF HANDLING BEAR MARKET AND ALSO MAKING A FAIR ESTIMATE OF HOW LOW A COUNTER WILL GO. MANY OF US HERE HAVE NOT MANAGED BEARISHNESS BEFORE.

THE STORY OF SPREAD BUY,OR BUY BUY BUY BUY IN BEAR MARKET IS NOT THE BEST BECAUSE YOU CANNOT HAVE MONEY ALL THE TIME,OUR BROKERS ARE INEFFICIENT SO EVEYTHING WILL BE MUDDLED UP AND YOU CANNOT CONTINUE TO BUY INDEFINITELY. IF YOU BUY EQUITY AT SAY 300,IT IS NOT WISE TO BUY AT 280,270,240,220,200,170,160 TILL KINDDOM COME ??? THERE IS A BETTER TECHNIQUE.

IF YOU DO NOT WANT TO LISTEN TO STUPID YOUNG,READ BOOKS AND GET FACTS ON INVESTING IN BEARISH MARKET DO NOT BASE YOUR JUDGEMENT ON HEARSAY AND POPULAR OPINION.

AS USUAL I HOPE SK COLLEAGUES WILL NOT MAKE TOO MUCH MISTAKE AND INCURE MUCH MORE LOSSES IN THE POPULAR SPREAD BUY AND BUY BUY BUY THEORY.

I AM JUST A LONELY VOICE. UP TO YOU TO DECIDE. I WRITE THIS BECAUSE I PRAY FOR SOMETHING GOOD FOR BELOVED KENYANS AND OTHER PARTICIPANTS IN NSE (NAIROBI).

IT IS BETTER TO LEARN BY INFO THAN TO LEARN BY EXPERIENCE. NOBODY CAN BUY EXPERIENCE. IT IS BEST TO KNOW HOW TO OPERATE IN ALL MARKET CONDITIONS.

LOVE TO ALL,

YOUNG,

LAGOS,NIGERIA



AFRICAN INVESTOR
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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