Rank: Member Joined: 2/18/2011 Posts: 448
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the deal wrote:Putting all your money in one counter (basket) is the worst investment decision one can make...you might be lucky and make money but one day you might wake up and realise that one counter is no longer the talk of town....my advice is spread your risk over 5 counters from 3 different sectors i.e banking, insurance and energy otherwise one counter nindirama kama vindeo  Talking to a portfolio construction expert like me can also help Thanks a lot for the offer but since my days in University i avoid unnecessary diversification and a retrospective study i did with my broker reommendations on diversification showed i beat him in returns every quarter over a 2 year period. I shall continue lumping resources in a max 2 counters at any one time as it works best for me.thanks though
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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mibbz wrote:symbols wrote:KenolKobil and Mumias are not falling as hard.Lets watch how the market reacts to NBK.Waiting for K-Re to reach 12 is ambitious IMO.
@mibbz - This is how I see it.If you're a value investor,the exit price is dependent on what value you see in the share and also your entry price.If you are a trader its as simple as reading the market and the entry/exit price is dictated by market forces. thanks a lot for the advise.thing is i try do a hybrid between the two,i look for unrealized value but at the same time avoid waiting to achieve an ambitious target by exiting as dictated by the market forces.this year Kengen,Britam,CFC,Access,NMG have followed the curve i look for. But now am running out of ideas and thought interacting with like minded individuals might help in my analysis. Lets take AK,HFCK and Kengen.I have ridden these shares enough times this year but I think my strategy can work in other shares. I get in a share when I realize that the next resistance level(or what I call a psychological barrier) will give me good returns from a certain entry price.Once I exit I watch to see if the price will recede or its gaining momentum for the next level.As I'm watching some shares,other shares are showing good entry positions. For example,CFC caught my eyes.It went up and receded so it has already established a barrier and thus I don't have to speculate about the value demand&supply are eying.Next I would check the new base it is trying to establish,track the trades to identify the entry point and wait for it to reach the established barrier.Once the barrier is reached again I watch what happens.
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Rank: Member Joined: 4/14/2011 Posts: 639
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symbols wrote:mibbz wrote:symbols wrote:KenolKobil and Mumias are not falling as hard.Lets watch how the market reacts to NBK.Waiting for K-Re to reach 12 is ambitious IMO.
@mibbz - This is how I see it.If you're a value investor,the exit price is dependent on what value you see in the share and also your entry price.If you are a trader its as simple as reading the market and the entry/exit price is dictated by market forces. thanks a lot for the advise.thing is i try do a hybrid between the two,i look for unrealized value but at the same time avoid waiting to achieve an ambitious target by exiting as dictated by the market forces.this year Kengen,Britam,CFC,Access,NMG have followed the curve i look for. But now am running out of ideas and thought interacting with like minded individuals might help in my analysis. Lets take AK,HFCK and Kengen.I have ridden these shares enough times this year but I think my strategy can work in other shares. I get in a share when I realize that the next resistance level(or what I call a psychological barrier) will give me good returns from a certain entry price.Once I exit I watch to see if the price will recede or its gaining momentum for the next level.As I'm watching some shares,other shares are showing good entry positions. For example,CFC caught my eyes.It went up and receded so it has already established a barrier and thus I don't have to speculate about the value demand&supply are eying.Next I would check the new base it is trying to establish,track the trades to identify the entry point and wait for it to reach the established barrier.Once the barrier is reached again I watch what happens. @symbols any established base for CFC?
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Hunderwear wrote:symbols wrote:mibbz wrote:symbols wrote:KenolKobil and Mumias are not falling as hard.Lets watch how the market reacts to NBK.Waiting for K-Re to reach 12 is ambitious IMO.
@mibbz - This is how I see it.If you're a value investor,the exit price is dependent on what value you see in the share and also your entry price.If you are a trader its as simple as reading the market and the entry/exit price is dictated by market forces. thanks a lot for the advise.thing is i try do a hybrid between the two,i look for unrealized value but at the same time avoid waiting to achieve an ambitious target by exiting as dictated by the market forces.this year Kengen,Britam,CFC,Access,NMG have followed the curve i look for. But now am running out of ideas and thought interacting with like minded individuals might help in my analysis. Lets take AK,HFCK and Kengen.I have ridden these shares enough times this year but I think my strategy can work in other shares. I get in a share when I realize that the next resistance level(or what I call a psychological barrier) will give me good returns from a certain entry price.Once I exit I watch to see if the price will recede or its gaining momentum for the next level.As I'm watching some shares,other shares are showing good entry positions. For example,CFC caught my eyes.It went up and receded so it has already established a barrier and thus I don't have to speculate about the value demand&supply are eying.Next I would check the new base it is trying to establish,track the trades to identify the entry point and wait for it to reach the established barrier.Once the barrier is reached again I watch what happens. @symbols any established base for CFC? Can't really say.Hasn't been in my radar until this week when it started falling.Its one of the shares I want to keep an eye on this week if I'm not already to late to sneak in.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Might be already too late for me to board CFC safely
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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symbols wrote:Might be already too late for me to board CFC safely It's rarely safe to board a moving bus. There'll always be another one coming. The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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jerry wrote:symbols wrote:Might be already too late for me to board CFC safely It's rarely safe to board a moving bus. There'll always be another one coming. That's my problem.I am hoping the market slows down kidogo this week but how it was last week and how it has started out today,I might just be left with no options.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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And there goes my ambtion with CFC.Too late  Let me start on Kengen
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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speculator wrote: Kenya re at 12 again? Watch her pop. KPLC is getting my attention.She might pull a fast one on us.
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Rank: Member Joined: 2/18/2011 Posts: 448
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Been looking at Jubilee,when do they announce their results? i believe its heading towards 300 in the near term,are their results out?
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