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STOCK GURUS, IS THIS THE RIGHT TIME TO BUY STOCKS?
mkonomtupu
#31 Posted : Thursday, September 01, 2011 9:45:15 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
I find this topic funny, when you say you are buying stocks it's like buying fish and the NSE is not a fish market. You are buying companies every time you buy a share ask yourself if you are prepared to buy the whole company, look at the fundamentals, the business environment, the revenue projections, dividend yields, the management and then look at the value, if it offers you value you buy whether the market is going up or down. You can't make money if you are not prepared to lose money. That's why i'm in the market every week buying companies which i feel are undervalued and every day they get cheaper i purchase a bigger stake.
coins
#32 Posted : Thursday, September 01, 2011 10:36:47 AM
Rank: Hello

Joined: 9/1/2011
Posts: 1
please forward to me the intelligent investor.have been in stocks for over three yrs now may will borrow a leaf.
Cde Monomotapa
#33 Posted : Thursday, September 01, 2011 10:46:52 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
QW25081985 wrote:
@incognito...the wazua HYPER is very bad. BEWARE.
The furthest suggestions in this forum shld come is to get you thinking.Thats all...DO YOUR OWN HOMEWORK. If you think investing is just taking someones ideas and rushing to the broker i guess all of us would be Billionares.You get my point ????
Real talk.
Happy Investing

mashaa
#34 Posted : Thursday, September 01, 2011 11:21:43 AM
Rank: New-farer

Joined: 2/7/2011
Posts: 20
Location: Uganda
QW25081985 wrote:
@incognito . firstly stop boring us with the 'thanks' in every post !!! its kind of shaddy....lol .
secondly . always be aware of the wazua hype . i have been here long enough to see guys lead one another like sheep into a slaughter house. the wazua HYPER is very bad. BEWARE .
The furthest suggestions in this forum shld come is to get you thinking.Thats all. Getting advice here and rushing to your broker is just suicidal.

DO YOUR OWN HOMEWORK. If you think investing is just taking someones ideas and rushing to the broker i guess all of us would be Billionares.You get kmy point ????

Happy Investing


Shame on you Shame on you Shame on you Shame on you Courtesy is not BORING. Incognito was brought up well. Cant say that about you QW.
incognito
#35 Posted : Thursday, September 01, 2011 11:37:12 AM
Rank: Member

Joined: 6/29/2011
Posts: 233
mashaa wrote:
QW25081985 wrote:
@incognito . firstly stop boring us with the 'thanks' in every post !!! its kind of shaddy....lol .
secondly . always be aware of the wazua hype . i have been here long enough to see guys lead one another like sheep into a slaughter house. the wazua HYPER is very bad. BEWARE .
The furthest suggestions in this forum shld come is to get you thinking.Thats all. Getting advice here and rushing to your broker is just suicidal.

DO YOUR OWN HOMEWORK. If you think investing is just taking someones ideas and rushing to the broker i guess all of us would be Billionares.You get kmy point ????

Happy Investing


Shame on you Shame on you Shame on you Shame on you Courtesy is not BORING. Incognito was brought up well. Cant say that about you QW.


Mashaa, Applause Applause ...Need i say more?

QW the caveat is welcome. I aint an absolute bum , i can competently filter "noise" from "advice". smile
Excelsior
incognito
#36 Posted : Thursday, September 01, 2011 11:43:25 AM
Rank: Member

Joined: 6/29/2011
Posts: 233
Kaka M wrote:
incognito wrote:
underweight wrote:
@incognito, dont be overcautious. Ever heard of stop loss limit. I presume U can accept up to 20% that translates to 50K out of your 250. I suggest U put that cash in the following stock...Olympia, Sameer, Express Kenya, Eveready and Access Kenya. Get burned a little and appreciate the essence of doing on own research instead of going with the hype of wazua.


Ashante Underweight.




Advising him to buy this is handing him a rope to hang himself with. @ Incognito IMHO u won't be burnt alittle with this choice u will be incinerated. Even the ashes will be burnt into gases. Am not so experienced but am thinking KCB, Equity, Kenolkobil. What have seen guys advice here is if a stock is going down buy a few and if it goes down further buy some more by the time it starts going up your average price is relatively low. I suggest u also decide on how long u r willing to wait and if you will sleep hungry as it were from the wait.I have been holding onto a stock for 4.5yrs and am still waiting(Experts may advice against this I think depending on your goals). There r also what experts call a stop loss positions.





Kaka, that is exactly what i intend to do. I'm biased towards banks. I will buy in bits as they go down...
Excelsior
the deal
#37 Posted : Thursday, September 01, 2011 11:50:11 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@icognito by buying banks u have made your first wrong investment decision...Kenyan banks except Stan Chart and NBK have been hiding losses on their bond portfolio's...where there is smoke there is fire.
Cde Monomotapa
#38 Posted : Thursday, September 01, 2011 11:58:10 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
the deal wrote:
@icognito by buying banks u have made your first wrong investment decision...Kenyan banks except Stan Chart and NBK have been hiding losses on their bond portfolio's...where there is smoke there is fire.

Realized or un-realized? I think the former will come forth in Q3.
incognito
#39 Posted : Thursday, September 01, 2011 12:02:39 PM
Rank: Member

Joined: 6/29/2011
Posts: 233
phantom wrote:
incognito wrote:
Torrents are good. :) I have downloaded pdf copies of the "The Intelligent Investor" and "The Elements of Investing". Anyone needs a copy?

And if you need an EPUB version of the elements of investing, to read from your smartphone let me know.

send them my way at oksombo(at)live.co.uk


Sent.
Excelsior
the deal
#40 Posted : Thursday, September 01, 2011 12:16:45 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Cde Monomotapa wrote:
the deal wrote:
@icognito by buying banks u have made your first wrong investment decision...Kenyan banks except Stan Chart and NBK have been hiding losses on their bond portfolio's...where there is smoke there is fire.

Realized or un-realized? I think the former will come forth in Q3.

Both...each quater them banksters are suppose to do mark to market valuations of their bond portfolios to see if there are any gains or losses..the gain/losses should reflect in P/L statement I.e Eqty Banks Sh21B G-sec hoard which was held for trading is now classified as held to maturity...when were valuations done? JM was silent on the issue during 1H release...if mark to valuations were done members profits would have plunged..call it the domino effect of toxic bonds...its a wait and see gamesmile
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