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Bargains to buy from tomorrow???
jawz1
#11 Posted : Thursday, March 10, 2011 10:17:21 AM
Rank: Member

Joined: 8/4/2008
Posts: 205
Location: Nairobi
Mkimwa wrote:
and the free fall continues..


smile Hope there are parachutes available!
"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
mkonomtupu
#12 Posted : Thursday, March 10, 2011 10:40:21 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Is that KPlC at 20.50? KQ at 35.25
I'm getting this feeling of de javu all over again it's starting to feel like 2001 to 2002. Let it bleed for a while things can only get worse before it gets better. Just wondering how far down can we go?
@Hisah please explain these microeconomics of inflation, i thought in times of inflation equities pick up
mwanahisa
#13 Posted : Thursday, March 10, 2011 10:51:15 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
These prices are indeed very enticing. I am already dipping in cautiously as I had built up a cash pile.

Even with the downside risks, any share with a historical PE of less than 10, with a history of consistent profit growth and with a good dividend is a tolerable risk. KCB & KPLC here I come.
Kirika
#14 Posted : Thursday, March 10, 2011 10:52:45 AM
Rank: Member

Joined: 1/26/2011
Posts: 211
Location: Nairobi
@ Papa

Glorious indeed, i hope the blue chips that i have drooled for like Jubilee will tumble to circa 150.

@ Jawz there's going to be golden parachutes coming your way sooner than later.
mwanahisa
#15 Posted : Thursday, March 10, 2011 11:40:32 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Kirika wrote:
@ Papa

Glorious indeed, i hope the blue chips that i have drooled for like Jubilee will tumble to circa 150.

@ Jawz there's going to be golden parachutes coming your way sooner than later.


I would be suprised to see Jubilee come down to the 150 level but stranger things have been known to happen on the NSE.
mwanahisa
#16 Posted : Thursday, March 10, 2011 11:44:26 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
mwanahisa wrote:
These prices are indeed very enticing. I am already dipping in cautiously as I had built up a cash pile.

Even with the downside risks, any share with a historical PE of less than 10, with a history of consistent profit growth and with a good dividend is a tolerable risk. KCB & KPLC here I come.


My order for KPLC has been completed at 20.Having sold my rights at 24, I am happy to pick up the share at this level. Maybe I am jumping the gun but I believe in taking a risk. At 20 my shares are only 50 cents (plus commision) more expensive than the rights.
Sufficiently Philanga....thropic
#17 Posted : Thursday, March 10, 2011 12:07:11 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
mwanahisa wrote:
mwanahisa wrote:
These prices are indeed very enticing. I am already dipping in cautiously as I had built up a cash pile.

Even with the downside risks, any share with a historical PE of less than 10, with a history of consistent profit growth and with a good dividend is a tolerable risk. KCB & KPLC here I come.


My order for KPLC has been completed at 20.Having sold my rights at 24, I am happy to pick up the share at this level. Maybe I am jumping the gun but I believe in taking a risk. At 20 my shares are only 50 cents (plus commision) more expensive than the rights.

And i great buy that was, certainly the best deal today. The stock, has since edged up and is on offer at 21, bids coming in at 20.75!
@SufficientlyP
Surealligator
#18 Posted : Thursday, March 10, 2011 12:09:50 PM
Rank: User

Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
Kirika wrote:

Like i've just said in another post cash is King, but again the prices im witnessing make me feel abit greedy smile

Picture this;

1. Jubilee @ ksh 180

2. KPLC @ Ksh 22

3. KQ @ ksh 36

I hope the tumble continoues un-abated !


@Kirika

That is what am praying for even if it entails going below 2000 points. But someone is misunderstanding this to mean am against the hague process.

Let me be a little more imaginative. I want Kenya to attack the Hague, then Hague to attack Nairobi (not necessarily by bombs), and the stock market gives way. Then I collect the spoils.

The only time you would be against me here is if you are still holding your life's savings in the NSE as stocks as you did not disembark earlier.

Those still in the bourse neck deep, don't worry, I also learnt it the hard way. There will come a time when it will be your field day. Just be patient. Even antelopes at times have their day.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
ProverB
#19 Posted : Thursday, March 10, 2011 12:17:04 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
GoOOOoD TiMES these are!!!smile smile smile
i thought selling off last week was ill advised!!
..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
mlennyma
#20 Posted : Thursday, March 10, 2011 12:19:45 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The crowd is here bleeding everywhere
"Don't let the fear of losing be greater than the excitement of winning."
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