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Sameer Shares! somebody help!
M3203
#11 Posted : Wednesday, August 03, 2011 10:38:06 PM
Rank: Hello

Joined: 6/8/2011
Posts: 6
In this game, you don't count your gains or losses until the moment you exit the counter. Unless this company shuts down, there is a high likelihood that stock will rise back up if you wait long enough. The only way to minimize your risk of a loss is to buy more of this stock at current price. If and when it ever get back to Ksh 8.6 you will have made some money. Unless you absolutely have to have that cash now, leave it there. I was in the same situation when the US stock market took a dive in 2008. Had a mutual fund that I bought at $20 US a share. As it went down towards $10, I continued buying more shares bi-weekly. Its now back to $19 and I have good gains if I sell now. Those who sold as it went down lost. Those who stopped buying it also lost some. Those who kept buying it at a "discount" made the most. Sameer is selling at a discount. Buy more.
sparkly
#12 Posted : Wednesday, August 03, 2011 10:59:44 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Just one word of advise... SELL and invest elsewhere. Dont even think of averaging down because the price will NOT RECOVER.
Life is short. Live passionately.
dunkang
#13 Posted : Thursday, August 04, 2011 7:44:42 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
How poor you. Speculation is a very bad habit. If you can't invest, look for a fish market.

Now, sell the stupid thing (READ:SAMEER), calculate your gain/loss and invest elsewhere, maybe in Tusker mbili au Tatu very night at your favourite ka-local!

Don't forget to come back next time. We (READ: MERALLIs) were very happy doing business with you!

Lastly, i hope you are not that guy that starts thread with 'my friend wants/did/thinks ..... of selling sameer', and have deviced new way of reporting his friends (READ: HIMSELF) to WAZUANS!
Receive with simplicity everything that happens to you.” ― Rashi

Kenyan Oracle
#14 Posted : Thursday, August 04, 2011 9:47:29 AM
Rank: Member

Joined: 5/31/2011
Posts: 262
Pole that Meralli gave you the wrong end of the stick. Advice sell off the darned things & forget anything associated with the guy. Chances are, you are yet to see dust on Firestone, Sasini & Neveready. Check out the thread I started about Meralli being sought by France Gubberment. The Sh*t will hit the fan.
You lose money chasing women, but you never lose women chasing money - NAS
VituVingiSana
#15 Posted : Thursday, August 04, 2011 10:47:41 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
@oracle - Lakini the thief merali has his people on Wazua. They defend him by criticizing his accusers of crimes [yes, the crimes are real] that happened many years ago!

Anyway, merali 'sold' the land Sameer Tyres had for the fraction to Sameer Business Park. Yes, ST has only 25% of the SBP development!

ST shareholders would have benefitted more if the land had been sold for cash but merali found a way of conning ST shareholders. Again!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Sober
#16 Posted : Thursday, August 04, 2011 12:03:25 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
http://www.businessdaily.../-/102vegj/-/index.html

i bought this counter because of some KDN hope, dont aks me what happened there after.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
FUNKY
#17 Posted : Thursday, August 04, 2011 12:14:26 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
@ SOBER- How is Sameer and KDN related?
Kenyan Oracle
#18 Posted : Thursday, August 04, 2011 12:16:16 PM
Rank: Member

Joined: 5/31/2011
Posts: 262
VituVingiSana wrote:
@oracle - Lakini the thief merali has his people on Wazua. They defend him by criticizing his accusers of crimes [yes, the crimes are real] that happened many years ago!

Anyway, merali 'sold' the land Sameer Tyres had for the fraction to Sameer Business Park. Yes, ST has only 25% of the SBP development!

ST shareholders would have benefitted more if the land had been sold for cash but merali found a way of conning ST shareholders. Again!


Talk about being heartless! Some peps might think it's being a shrewd businessman. He screws everyone in whichever deal he's involved in. To paraphrase someone. He screwed the French for Kencell, he screwed the Arabs for Celtel and now he's just screwed the Indians for Bharti. He screwed Kenyans for Uchumi, screwed them more over Firestone land and still more for the KDN illusion. I was told bendover over Neveready. Laughing out loudly!
You lose money chasing women, but you never lose women chasing money - NAS
Sober
#19 Posted : Thursday, August 04, 2011 12:21:16 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
FUNKY wrote:
@ SOBER- How is Sameer and KDN related?


@funky. that was the point. i used to mistake (and most people do) the listed sameer that deals with tyres and the sameer investment group. in real sense the other is a sublet of the other.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Sober
#20 Posted : Thursday, August 04, 2011 12:25:07 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
@kenyan oracle. the guy was in uchumi?!
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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