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Nation Media FY 2011 PAT up 31 percent
Cde Monomotapa
#21 Posted : Monday, November 19, 2012 12:35:58 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
King G wrote:
Ericsson wrote:
When is BBK releasing their Q3 results.


still being cooked!

NBK?
sparkly
#22 Posted : Monday, November 19, 2012 2:16:12 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Cde Monomotapa wrote:
King G wrote:
Ericsson wrote:
When is BBK releasing their Q3 results.


still being cooked!

NBK?


Jameni, this is a NMG thread. Where is the netiquette?
Life is short. Live passionately.
Cde Monomotapa
#23 Posted : Monday, November 19, 2012 3:11:53 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
sparkly wrote:
Cde Monomotapa wrote:
King G wrote:
Ericsson wrote:
When is BBK releasing their Q3 results.


still being cooked!

NBK?


Jameni, this is a NMG thread. Where is the netiquette?

smile
youcan'tstopusnow
#24 Posted : Monday, December 03, 2012 8:55:59 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
There seems to be a mass exodus among the staff at NMG - 'The Truth';-). Getting a taste of Standard Group's medicine. The new SG CEO though seems to be a man on a mission to reclaim past glories...
GOD BLESS YOUR LIFE
sparkly
#25 Posted : Monday, December 03, 2012 11:59:37 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
sparkly wrote:
sparkly wrote:
guru267 wrote:
young wrote:
I have been doing this for the past 3 years only for NMG & EABL.


@young I have been reviewing this strategy..

I have successfuly done this with KCB and kenol (both long term plays) for the last two years.

For example in KCB I bought at 18bob in 2010, sold at 27 in just before it went ex div in 2011..

I then re entered at 15.95 in december and planning to exit at 27-30 cum div 2012...


@Guru and @Young are you watching NMG?

From 2003-2007 it trended between 70-125. Between 2008-2012 it trended between 125-185. Its now zoomed past 185. I think 185 - 240 will be the new "normal" range for this share.

Unlike EABL, NMG seems to be driven mostly by fundamentals and it is as conservative as Warren Buffet would be.

I think Nation Hela and the East African expansion will maintain it between 185-240 for the time being.


As i predicted, we are now at KShs 240. With a expected PE of 15, its time to start alighting the bus, pole pole as i watch the behaviour of the share towards the year end.

Over 100% considering bonuses and dividends.


Highest close of 241 on 20-22 Nov 2012. Day highest of 248 on 12 Nov, on low volumes. slowly sliding downwards.
Life is short. Live passionately.
sparkly
#26 Posted : Saturday, July 30, 2016 1:39:22 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self.
Life is short. Live passionately.
Aguytrying
#27 Posted : Saturday, July 30, 2016 5:24:31 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
sparkly wrote:
Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self.


@sparkly. See the benefit of long-term investment. @the deal criticised ur long hold coz of returns. Just a few months later you got your 100+% gain.

What made u sell at that 287 now makes you look like a genius. I agree it's time to buy.
Like buffet says, we like to buy them while on operating table. I kinda with I could do a switch btn this and TPS. Both services sector but NMG sub sector less volatile.
The investor's chief problem - and even his worst enemy - is likely to be himself
Boris Boyka
#28 Posted : Sunday, July 31, 2016 7:27:13 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Aguytrying wrote:
sparkly wrote:
Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self.


@sparkly. See the benefit of long-term investment. @the deal criticised ur long hold coz of returns. Just a few months later you got your 100+% gain.

What made u sell at that 287 now makes you look like a genius. I agree it's time to buy.
Like buffet says, we like to buy them while on operating table. I kinda with I could do a switch btn this and TPS. Both services sector but NMG sub sector less volatile.

But @Sparkly SOLD it at some point @ the buyer smile
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
obiero
#29 Posted : Sunday, July 31, 2016 7:40:12 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,224
Location: nairobi
young wrote:
Aguytrying wrote:
@young. Liking your bearishness. When do you think stocks will tank proper, from your experience. And what low price would you expect for the following: kenol, kplc, kcb, equity. Thanks.



@Aguy,

It is not a question of thinking bearishness, it is just the princples of what goes up must come down. There is always a time of market correction even for good companies.
For a long term investor instead of injecting more money to buy your favorite stock when it is cheap, you can equally do what I do once in a year on NMG and EABL to increase your holdings without injecting new funds.
I sold all my units of NMG at 185 bob specifically in may 2011 and bought back at 135 in November 2011 after it has lose steam and euphoria.

I have been doing this for the past 3 years only for NMG & EABL.
My 125 bob low price is just a prediction not a hard and fast rule as I am factoring in the political uncertainty this year so I expect NMG to get as low or close to that in the months ahead. Meanwhile I am looking forward to selling NMG circa 180 again this year.
I cannot predict other counters as I do not apply this technique to them.
This buy back approach is called passive recursive
trading. It is very useful to long term investors.

Cheers

@spikes passive recursive trading.. memorise that word

Ebenyo
#30 Posted : Sunday, July 31, 2016 8:59:03 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
obiero wrote:
young wrote:
Aguytrying wrote:
@young. Liking your bearishness. When do you think stocks will tank proper, from your experience. And what low price would you expect for the following: kenol, kplc, kcb, equity. Thanks.



@Aguy,

It is not a question of thinking bearishness, it is just the princples of what goes up must come down. There is always a time of market correction even for good companies.
For a long term investor instead of injecting more money to buy your favorite stock when it is cheap, you can equally do what I do once in a year on NMG and EABL to increase your holdings without injecting new funds.
I sold all my units of NMG at 185 bob specifically in may 2011 and bought back at 135 in November 2011 after it has lose steam and euphoria.

I have been doing this for the past 3 years only for NMG & EABL.
My 125 bob low price is just a prediction not a hard and fast rule as I am factoring in the political uncertainty this year so I expect NMG to get as low or close to that in the months ahead. Meanwhile I am looking forward to selling NMG circa 180 again this year.
I cannot predict other counters as I do not apply this technique to them.
This buy back approach is called passive recursive
trading. It is very useful to long term investors.

Cheers

@spikes passive recursive trading.. memorise that word


Does it mean a curse trading?
Towards the goal of financial freedom
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