cnn wrote: My holdings are split into two...a long term portion,which i intend to hold for at least the next five years.
1.BAT..@ 138,a proven dividend payer.
2.WTK...bought in the 190-200 range,sold some at 300 to give me the initial capital invested,the remaining i will hold on to.
3.HFCK..a huge volume for this one,bought in the 15-18 range,sold enough at 26 to get back the seed capital,the remaining chunk i hold for the long term.
4.CFC stanbic holdings...64 to 86,the same play as the above two.
Short term portion@...purchased from mid last year to early this year,these i intend to sell as soon as my target prices are reached,
Centum @31...22.2%
Equity@ 31...47.9%
HFCK @31...20.6%
Pan africa ins@64...9.2%
Let us see which way Mr market goes in 2014.
Long term portion,sold HFCK at 37 ,all proceeds to more of CFC stanbic @ 119,the rest remain as at the beginning of the year.
Short term holdings,this has beaten all my expectations for the year,this has been the week for the great harvest for Centum and Equity.
Centum...sold at 68,over 100% gain.
Equity...sold at 54,about 67% gain
HFCK,sold at 37,proceeds to Co-Op bank at between 20.50 to 23 .Then to KPLC @ 13
Pan Africa ins...sold at 122,proceeds to KPLC @13.
Fresh capital injected all went to KPLC @ 13.
So my short term portion is
KPLC @ 13...28.7%
Cash....71.3%
The short term portifolio has grown 62% and i continue holding to KPLC.