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Coop now trading at 13 kenya shillings
mlennyma
#11 Posted : Tuesday, July 12, 2011 1:59:39 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
From today iam jumping in at every year low upto 9bob
"Don't let the fear of losing be greater than the excitement of winning."
mlennyma
#12 Posted : Tuesday, July 12, 2011 2:07:40 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Lock in period for co-operatives over??buyer is king tukwende
"Don't let the fear of losing be greater than the excitement of winning."
erifloss
#13 Posted : Tuesday, July 12, 2011 2:12:17 PM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
Any share that has many 'IPO retail investors' will get a beating coz of the high inflation. Some people are actually simply jumping out so that they can get enough money to survive. Monthly expenditure for most households has doubled & i expect a further drop in these kind of shares unless the govt comes up with some good practical solutions for the kawaida Kenyans coz some of them are the ones driving the sales & by kawaida i don't mean the Mama mbogas but the middle class who are having less & less cash to invest due to high expenditure.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
dunkang
#14 Posted : Tuesday, July 12, 2011 2:24:52 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Hey, its time to invest in the future! Buy in 5 stocks now, and your kids will never go hungry in future. i.e. starting from 2 years to come!

The following can make a good select;
i. Total Kenya at 23.00 or lower, (Why? KK is just like Airtel, it will not go anywhere)
ii. E.A Cables at 12.20 or lower, (Why? a dividend of 0.8 will drive this stock to 20.0 next FY)
iii. Safaricom at 3.90 or lower, (Why? Corporate Internet is booming with safcons)
iv. Jubilee Insurance at 180.0 or lower, (Why? A split is inevitable)
v. Kengen at 12.80 or lower, (Why? Monopolies, which business man hates it?)
vi. Barclays Bank at 16.80 or lower (Why? I DON'T KNOW!)

Stock not to touch at all, lest you want to starve!;
i. Express
ii. Olympia
iii. Eveready
iv. B.A.T
v. E.A.B.L
vi. ALL AGRICULTURE STOCKS!

Receive with simplicity everything that happens to you.” ― Rashi

mwanahisa
#15 Posted : Tuesday, July 12, 2011 3:11:25 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
@Dunkang. Total and E.A. Cables would not exactly be my picks. They have been experiencing plenty of headwinds.

Safaricom is not too bad but I do not expect any big gains going into the future. For speculation YES. KenGen is oversold, so I could buy it for a 20% gain or so if and when the market turns. But clearly, KenGen's investment case has worsened over time.

BBK is fine but like Safaricom, I would not expect much in the way of gains in the long term. Note, it is still trading close to its highs (adjusted for the split), and its not really been growing profits at the expected pace. All the same the market loves it.

JUBILEE is worth buying, but if the market continues to fall, even Jub will also drop some.

I am actually more inclined to the likes of CoopBank (Oh yes!) and KK just to mention 2. These have grown their profits steadily over the years and in the case of Coop, It has been beaten down heavily.

Gordon Gekko
#16 Posted : Tuesday, July 12, 2011 3:47:34 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
mlennyma wrote:
From today iam jumping in at every year low upto 9bob

Tick
Fyatu
#17 Posted : Tuesday, July 12, 2011 3:50:11 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
just stumbled upon this link:

http://investing.busines...shot.asp?ticker=COOP:KN

Apparently CO-OP will announce Q2 results on 15 July 2011...maybe habari ni mbaya
Dumb money becomes dumb only when it listens to smart money
mwanahisa
#18 Posted : Tuesday, July 12, 2011 4:22:30 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I do not expect Coop to report on 15th. Note the same site indicates that Equity IS EXPECTED TO report their Q2 results on July 13, while KCB will report on July 15th. These are just educated guesses!
QW25071985
#19 Posted : Tuesday, July 12, 2011 5:27:19 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Fyatu wrote:
27.31707% south from point of entry......an opportunity to average out


heheheheh. u mean average in...
QW25071985
#20 Posted : Tuesday, July 12, 2011 5:38:22 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Gordon Gekko wrote:
mlennyma wrote:
From today iam jumping in at every year low upto 9bob

Tick


i cannot believe this co-op at 9 bob . how i have waited for this time . lol
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