I've done a bit of homework but I guess I need validation and any new perspectives ... it couldn't hurt...

I have in my small and modest portfolio:

BBK 6.18%
CABL 50.46%
EQTY 7.42%
HFCK 5.36%
JUB 0.00%
KCB 0.00%
MSC 30.58%

I want:

BBK 2.20%
CABL 17.98%
EQTY 2.64%
HFCK 1.91%
JUB 28.06%
KCB 36.31%
MSC 10.89%


Please make comments / criticisms / suggestions on the issues below:

1. I want to do this in April and early May... but by end of Apr I should have already taken a major position.


2. The changes above are from cash injected to Jubilee & KCB only. This is partly new money from savings and also from what I sold kitambo kidogo. I had quite a bit in banks (BBK, EQTY, KCB, HFCK... I missed the DTB boat completely).

3. I have decided not to sell anything... nothing is worth selling at current prices.

4. I got into JUB between 187 and 200 but hurriedly sold at 215 and I regret that... I know this shouldn't be a basis for future decisions on the counter but I "FEEL BAD" entering at current prices, my profit threshold for that last deal is 208.20!!!

5. AOC - Any Other Counters

6. AOB - Any Other Business

do the above percentages relate to the proportions of a given amount say 2m of your investment or do they relate to your stake in the respective companies?

probably, re-balancing of ones portfolio necessitates consideration of ;

1 time period--how long you intend to maintain the current portfolio depending on your return objectives

2 taxation--securities that need tax exempt are those for high net worth individuals one can avoid investments that produce high current income particularly over long periods where the need for current income is not immediate

3 liquidity--This is based on future spending needs whether immediate or not. an increase in wealth is accompanied with an increase in lifestyle.

hope this helps

I re balance my portifolio quater to quater...here is what i have at the moment...

1. KK-30% i have been reducing
2. Jub-20%
3. Kenya Re-20%
4. KCB-10%
5. Cash-20%

KCB 70% KenGen 25% KK 5% - King, Queen, Pawn respectively. Unless OTW I am pleased with my portfolio for the longest while possible. Likely accumilation on all counters during dips.