Was going though my annual spreadsheet and noticed that the following stocks have done extremely well: Had I put all my money in just this portfolio in the last 3 months I would be smiling all the way to the bank. We keep talking about KCB, Equity, and them but I guess the person who saw these as potentials and bagged them in January made a killing...

Happy Investing. I have missed the bus twice this year!

Jan 2010 / March 2010

Kakuzi 31.00 / 86.50
Sasini 7.25 / 15.15
KQ 36.00 / 55.50
Jubilee 113.00 / 151.00
Stanchart 156.00 / 191.00
Eveready 2.80 / 4.70
Kenol 48.00 / 75.00
KPLC 140.00 / 182.00
Mumias 6.85 / 10.80
Sameer 4.95 / 8.85

KQ & KPLC are still decent buys if u look at the future profitability.... I have discussed these much earlier, elsewhere...

..at simplicity..my issue would be..are the returns fundamentally supported ama tu ni hype?
Kakuzi 31.00 / 86.50..in jan the rumours and fears of drought effects made everyone ignore agric..unless were it concerned sugar, tea and coffee

Sasini 7.25 / 15.15.. same as above
KQ 36.00 / 55.50..it was on it's way down..yet to beliv it would touch 20....and lower..buying here weren't share traders..unless ardent fans of Aly Khan
Jubilee 113.00 / 151.00..no idea
Stanchart 156.00 / 191.00..no idea..after all...too "expensive"..no hope of dilution to make it cheaper..plus a risk averse CEO
Eveready 2.80 / 4.70..if you tell me u bought here for other than a hunch..you lie
Kenol 48.00 / 75.00..lowest PSR..as per 3rd Qt results...it was a definate buy..profit margin is pathetic though but hey..greater fool theory
KPLC 140.00 / 182.00... Heh heh heh..sikujua.
Mumias 6.85 / 10.80..now..we all know it's up because of stupendous interim profits...wonder what sugar glut means
Sameer 4.95 / 8.85...really?

Just a thought.. companies that did bad in 08..financials..likely to do better...Eveready..pan africa..centum.. any company that reported losses or huge declines in 08 will have press statements in line with " MORE THAN 100% IMPROVEMENT IN PROFITS!!!..sending misinformed guys to buy n force price up!..i luv his game. LoL!

@ ProverB I see what you are saying and that kind of explains my point. Having been in this market for sometime now, I am beginning to wonder what pushes the Kenyan stocks up because I am about to change my strategy of over reading the profits and other results and just going cold turkey on these things. But as you guys mentioned someone seems to be flipping the counters like a coin.

I remenber when AK, KCB, KENGEN and EABL(still good)were on top and short term traders couldn't stop smiling.
Now the coin has been flipped to stuff that I wasn't even looking at and my money still sits in the past.
@ Guru Good for you and your foresight.

@Fundaah, the problem with the market is how it messes up with people's emotions. People who got seriously burned in 2009 won't get the confidence to come back to the market until after its too late and stocks have gained a lot and there is a higher likelihood of another market correction. If you can control yourself you have a higher chances of beating the odds and winning in the long term.

@mv_ufasini..Don’t worry about what the stock market will do. Focus on what the company will do.

@simplicity right now your gains have very little to do with the intelligence of your picks. Its a Bull,Bull,Bull and everyone is making money, daily. Your real perfomance will be measured by the quality of your picks 2, 5, 10 years down the line... unless if you are not going to be in it that long.

This one by VVS did not age very well either