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Bargains to buy from tomorrow???
mwanahisa
#231 Posted : Monday, April 04, 2011 3:11:41 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
@Aguytrying, I think I have just been lucky to some extent on my picks. So don't sweat it. Most of the time it's about going against the conventional wisdom of the market by getting into positions just when the market shows signs of turning. But it requires one to watch the market very closely and to have a fair amount of liquidity.

But I also make my share of mistakes e.g. on KQ which I am currently holding at an average of about 34.50 on my most recent buys (I also have a long term position on it). But if I can get it right 6-7 times out of 10, I am happy.

Aguytrying wrote:
mwanahisa wrote:
@AguyTrying. I am still holding on to my ARM. I also got into Coop at 16.00-16.05 and picked some Mumias on Tuesday at 7.05. Might be quite hard to get Jubilee at 170 unless there's another panic. The chap who picked the lot of 2,000 at 170 was indeed VERY AWAKE!


What? i dont like you damn you're good. I wanted to pick up mumias and co-op, but i hadnt sold ARM. start an investing school my friend. Currently the market is too lively and strong and prices going up, nothing i can buy now. Jubilee would be so good to buy now, due to the impending results. keep it up. glad i,ve learned to be happier when prices are falling than the other way around

mwanahisa
#232 Posted : Monday, April 04, 2011 3:18:22 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I may have come up with a price target a little prematurely, given that I still have to study the business a little more.

However, at first glance it appears CFCIH has been seriously underperforming; given the level of assets under their command. With a more focused management under the ambit of Liberty insurance, I expect this to change. And, I can bet you a lot of heads are likely to roll to get the business into the right shape.

The other aspect is technical. I do not expect that there will be too much liquidity on the counter, hence share price may fluctuate more than one might expect.

Aguytrying wrote:
Given eps for insurance is 0.54, with a p/e of 10 (insurance companies tend to have even lower p/e's) thats 5.40/- share price. why would you buy at 5 to 6 bob. what are you seeing.

youcan'tstopusnow
#233 Posted : Monday, April 04, 2011 8:17:25 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
PKoli wrote:
the deal wrote:
will KCB ever get passed 23bob?...LMAO.


Yes it will very soon. I am sure it is now getting institutional support. It should trade at no less than 27..Taking a conservative pe of 10. Let us wait for 1st Quater results

Great call! It will be interesting to see at what level the share settles at.
GOD BLESS YOUR LIFE
QW25071985
#234 Posted : Monday, April 04, 2011 8:25:22 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
youcan'tstopusnow wrote:
PKoli wrote:
the deal wrote:
will KCB ever get passed 23bob?...LMAO.


Yes it will very soon. I am sure it is now getting institutional support. It should trade at no less than 27..Taking a conservative pe of 10. Let us wait for 1st Quater results

Great call! It will be interesting to see at what level the share settles at.


guess what !!!!!!! we are are also laughing our arses off also coz it did. though i didnt expect it to rally in a down market (it look suspicious though) but hey if its rallyin w/ gud volume then so be it....
bought a truck load at 19.00 .u can imagine the feelin.
Magnetic Touch
#235 Posted : Monday, April 04, 2011 9:25:59 PM
Rank: Member

Joined: 12/31/2008
Posts: 90
Is this the same QW?

QW25071985 Posted: Friday, April 01, 2011 11:24:11 AM
Guyz can you stop this illusion.can u wake up and stop day dreamin.
This stock is goin nowhere. I am very bearish right now i get really suspicous about any rally.


QW25071985 wrote:
youcan'tstopusnow wrote:
PKoli wrote:
the deal wrote:
will KCB ever get passed 23bob?...LMAO.


Yes it will very soon. I am sure it is now getting institutional support. It should trade at no less than 27..Taking a conservative pe of 10. Let us wait for 1st Quater results

Great call! It will be interesting to see at what level the share settles at.


guess what !!!!!!! we are are also laughing our arses off also coz it did. though i didnt expect it to rally in a down market (it look suspicious though) but hey if its rallyin w/ gud volume then so be it....
bought a truck load at 19.00 .u can imagine the feelin.

Aguytrying
#236 Posted : Monday, April 04, 2011 9:28:47 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@mwanahisa. I also like that strategy of picking up shares as they bottom out, or on their way there. Keep up the good work, learning alot from you. about cfcih, good insight, i hadn't thought of it that way. today, i tried getting kakuzi at 67-66. Some lucky chumps got. Will try again kesho. Also tpse at 61!
The investor's chief problem - and even his worst enemy - is likely to be himself
youcan'tstopusnow
#237 Posted : Monday, April 04, 2011 10:16:20 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Magnetic Touch, please don't bother! Tumezoea
GOD BLESS YOUR LIFE
QW25071985
#238 Posted : Monday, April 04, 2011 11:07:08 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Magnetic Touch wrote:
Is this the same QW?

QW25071985 Posted: Friday, April 01, 2011 11:24:11 AM
Guyz can you stop this illusion.can u wake up and stop day dreamin.
This stock is goin nowhere. I am very bearish right now i get really suspicous about any rally.


QW25071985 wrote:
youcan'tstopusnow wrote:
PKoli wrote:
the deal wrote:
will KCB ever get passed 23bob?...LMAO.


Yes it will very soon. I am sure it is now getting institutional support. It should trade at no less than 27..Taking a conservative pe of 10. Let us wait for 1st Quater results

Great call! It will be interesting to see at what level the share settles at.


guess what !!!!!!! we are are also laughing our arses off also coz it did. though i didnt expect it to rally in a down market (it look suspicious though) but hey if its rallyin w/ gud volume then so be it....
bought a truck load at 19.00 .u can imagine the feelin.



Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly . but i am still bearish on the market and k.c.b rallyin doesnt mean anything or change my bearishness
and wazuas you shld stop trackin what i am sayin.you make me look like a mad man..
the deal
#239 Posted : Monday, April 04, 2011 11:37:54 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
hahaha QW big caps and qw small caps..which one is you?
Sufficiently Philanga....thropic
#240 Posted : Monday, April 18, 2011 3:05:52 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Equity trades more than a million shares at 28 bob about 15 mins to market close then immediately after the demand goes down to 26.75! I pity the guys who've bought at that price, most likely foreigners.
All indications are that the stock should dip tomorrow to about 27 from todays average close of 28!
@SufficientlyP
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