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Mukiri
#21 Posted : Monday, January 07, 2013 1:58:57 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
maka wrote:
mlennyma wrote:
Whether monkey or what i believe every stock will have its day.

...am with you on this one the problem with akina s.mutaga 3 and co is that you put a lot of fundamental and technical analysis in a market that reacts rarely on such...i once sold eveready at 28,scom at 6.40...if all goes well and the market gathers the right momentum probably to 500
pts onwards every stock will indeed have its day...this is the Nairobi securities exchange we are talking about,where stocks can reach a high of 900 in a couple of dayz...


Applause Applause Hear, hear.

Safcom 6.40? That must have been immediately after IPO

Proverbs 19:21
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stocksguru
#22 Posted : Monday, January 07, 2013 2:02:42 PM
Rank: Member

Joined: 4/19/2007
Posts: 68
Amount invested to date: 1,768,562
Market value: 636,734

Lose from liquidation: - 1,131,828.00

Buy Rea Vipingu: 300,000
Commissions: 6,300
Number of shares: 14,685

Dividend income (1.50) 22,027.50

Buy Housing Finance: 300,000
Commissions: 6,300
Number of shares: 18,987

Dividend income (0.70) 13,290.90

Buy Mumias: 300,000
Commissions: 6,300
Number of shares: 57,588

Dividend income (0.50) 28,794.00


Cash lost/gained to date - 1,067,716.00



S.Mutaga III wrote:
From your current position I would:
1 ) Liquidate all my nse holdings.
2 ) With the proceeds, I would buy into three income stocks.
Rea Vipingo:- Payday is nearing.With a projected dividend of 1.5 per share, you can get a return of about 6% of your investment in two months.After books closure,the price will tank a little presenting you with an opportunity to increase your holding.
Housing Finance:- Payday is coming soon and you will start reaping the benefits of your investment. It is trading at a dividend yield of >9%.
Mumias Sugar:- At a dividend yield approaching 10% and with diversification,buy it even though it is trading ex dividend. Dont stick around if there is a rihts issue.
Disclaimer:- Dont take positions in a counter all at once. Buy a chunk and then seek to average down as you get the cash.This will reduce the chances of error and also reduce your buying price.
#Goodluck#
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kaifastus
#23 Posted : Monday, January 07, 2013 2:44:47 PM
Rank: Member

Joined: 8/17/2011
Posts: 207
Location: humu humu
I truly feel sorry for you. All is not lost though, i wont tell you which stocks to pick or sell only that you change your investment adviser without delay.
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kaifastus
#24 Posted : Monday, January 07, 2013 2:46:05 PM
Rank: Member

Joined: 8/17/2011
Posts: 207
Location: humu humu
I truly feel sorry for you. All is not lost though, i wont tell you which stocks to pick or sell only that you change your investment adviser without delay.
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sentinel prime
#25 Posted : Monday, January 07, 2013 3:03:30 PM
Rank: New-farer

Joined: 11/12/2012
Posts: 92
I donno what to say....I feel so grieved reading this...
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stocksguru
#26 Posted : Monday, January 07, 2013 3:13:06 PM
Rank: Member

Joined: 4/19/2007
Posts: 68
I need an investor who has the confidence to show their warts and all, there are too many theorists out here.

Rudisha does not tell you how to win a race he shows you how.

kaifastus wrote:
I truly feel sorry for you. All is not lost though, i wont tell you which stocks to pick or sell only that you change your investment adviser without delay.
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King G
#27 Posted : Monday, January 07, 2013 3:41:02 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
pole boss Sad
Thieves
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mkonomtupu
#28 Posted : Monday, January 07, 2013 3:55:52 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
@stocksguru my view is that if you are emotionally strong to sell, just hold the positions but you need to diversify into bonds as you approach retirement. On access...no need to average down on this one, when you are in a hole stop digging

KQ is airline stocks on that I will repeat what I said when KQ was a star stock on wazua in 2010 from Warren Buffet- airlines eat capital.

"If a capitalist had been present at Kitty Hawk back in the early 1900s, he should have shot Orville Wright. He would have saved his progeny money. But seriously, the airline business has been extraordinary. It has eaten up capital over the past century like almost no other business because people seem to keep coming back to it and putting fresh money in.
I have an 800 number now that I call if I get the urge to buy an airline stock. I call at 2 in the morning and I say: 'My name is Warren, and I'm an aeroholic.' And then they talk me down."

"How do you become a millionaire? Make a billion dollars and then buy an airline." -- Warren Buffett"
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digitek1
#29 Posted : Monday, January 07, 2013 4:03:26 PM
Rank: Veteran

Joined: 2/3/2010
Posts: 1,797
Location: Kenya
stocksguru wrote:
How long is very long and how young is young?

I have clearly indicated that I am reducing my holdings in stocks that will not be recovering soon and which means that I agree with your analysis.

What I am doing is moving forward from why I am standing, your statements makes it seem that I have just taken a position which is a wrong assumption, maybe you could share your portfolio so that we can see how you have applied your knowledge of the market and the companies.

Please appreciate the fact that I can only move from my current position, starting from an imaginary position would be fool hardy and deceitful both to you and to myself.

You cannot budget based on an expected salary you budget based on your current salary and situation one cannot wish away their age, marital status, number of children or current employment.

What I have posted is my portfolio as it stands this morning a situation that qualifies as water under the bridge what is important is what I do from here going forward.

I promise to post my portfolio at the end of the 1st quarter at which point you will be justified in judging my decisions.



S.Mutaga III wrote:
The only valid reason for buying into your proposed counters is that you are buying into a very long term investment.Long term investments are for young people.


Applause Applause @stocksguru it takes courage to bare your portfolio like youve done. that in itself shows you have stopped digging and are sure to get out of the hole. Ditch access for KCB
I may be wrong..but then I could be right
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mufasa
#30 Posted : Monday, January 07, 2013 4:51:45 PM
Rank: Member

Joined: 4/15/2008
Posts: 238
stocksguru wrote:
Amount invested to date:

Cash lost/gained to date - 1,067,716.00



Always Have an Exit Strategy. At 10%loss on any stock, I will exit no matter what. As for profits, I will ride the wave until it begins a downward trend and thats when I exit and re-calculate the stock a fresh.

Secondly, For such an amount your mony would have been safer in a bluechip stock that is posting profits. Always do a background check on the counter you are about to invest in. For Access, eveready the story was already written.

Not to be seen as too bold but looking at KCB growing from single digit profit in billions t double digits you cant but help seeing this stock going alittle bit higher.

Take time and evaluate CFCi. It could be your deal breaker. Caution though - Its coming from a background of a loss occasioned by a business amalgamation.
Do it today! Tomorrow is promise to no-one.
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