wanyina wrote:Which is which among all the stocks coz they are all down i wonna accummulate,,is it Equity bank,Cooperative,Brit Ins orTranscetury etc.Please contribute and give me the reasons..I still believe that rebound is coming soon in a big way.
Thanks wazuans and Have a happy good NewYear 2012 of prosperous and fruitfull Investing.
Remember"QUITERS DONT WIN AND WINNERS DONT QUIT"
This is to end the year gracefully.
1. KCB, they were given some billions by IFC to distribute in the East African region to promote ... and erradicate poverty. Poverty erradication projects are some of the biggest money minting machines in Africa due to commissions and everything else in between the line.
2. Mumias, the Comesa safeguards were extended by 2 years. Count on it for the two years and if Mumias has not gone to do sugarcane farming in Kwale by that time. Sell the share when it hits 16 bob before the two yrs elapse.
3. Kenol Kobil, you are sure of getting a shilling or so by March. that would be a 12% return on your investment if you get the share at 9 bob excluding the 57 cents they gave for the half yr. Combine the two dividends and see what the return is.
4. Jubilee, They have serious muula as retained profits. They now control the insurance industry in the region. Aga Khan is a rock to count on as the controlling shareholder. Instead of taking an insurance cover, this is the share to buy for old age. It is better than the insurance cover from the same company.
I like you, you are an optimist, and so am I.
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.