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Agriculture Stocks - Moto Moto
cnn
#101 Posted : Monday, March 15, 2010 10:33:53 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Retired my whole lot of sasini @ 16.65,the sweet gains go to KPLC..its free money i can live with the conversion uncertainity.The initial capital to Kenol.
kishindo
#102 Posted : Monday, March 15, 2010 12:19:41 PM
Rank: Member

Joined: 1/11/2008
Posts: 121
bye bye sasini...twas nice doing biz with you....
Less is more....for Architects only!!
mv_ufanisi
#103 Posted : Monday, March 15, 2010 1:55:15 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
@cnn - you are a real strategist. Wah that was on the spot timing. However given that someone bought so much at 16.65 - and seems that the person has a lot of cash, I wonder if this bus will not drive on again. Let's see what happens tomorrow and the days after. I might join you in KPLC if I'm able to offload my Sasn tomorrow.
sheep
#104 Posted : Monday, March 15, 2010 2:48:54 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
I expected a price correction in Sasini today but it seems to edge upwards without resistance,I have enough profit margin to sit tight and wait for the stock to run its full course.
I don't take profits easily,its the losses that I have learnt to take with a "cheer".Its always the staying that makes the real money,you'll never make a ten bagger by darting in and out of the market.In a bull market the strategy is to hold until you are sure the run is over,most probably after 4-5yrs as has been historically.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
sparkly
#105 Posted : Monday, March 15, 2010 5:50:39 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
sheep wrote:
I expected a price correction in Sasini today but it seems to edge upwards without resistance,I have enough profit margin to sit tight and wait for the stock to run its full course.
I don't take profits easily,its the losses that I have learnt to take with a "cheer".Its always the staying that makes the real money,you'll never make a ten bagger by darting in and out of the market.In a bull market the strategy is to hold until you are sure the run is over,most probably after 4-5yrs as has been historically.


@sheep for the agricultural stocks, the gods have smiled broadly at us. Time to sell, let the next generation of investors take over.

Bye Kakuzi thanks for the 150% gain.
Life is short. Live passionately.
Much Know
#106 Posted : Monday, March 15, 2010 6:05:14 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
I cannot hide my envy for anyone who made cash on agrics however the agric market is very 'futures' especially foreigners, bets were made on weather forcasts months ago, you are most likely buying a foreigners stock or a very very very long term patient holder, there are even njahi (lablab) futures you name it. The skill is not how to get into a liquid agric but how to get out. Ebu lets see.
Ras Kienyeji Man
Kaufman
#107 Posted : Monday, March 15, 2010 6:40:40 PM
Rank: New-farer

Joined: 1/29/2010
Posts: 23
Keep holding there ain't nothing stopping the agri stocks, atleast not in the near future. Weather forecast looks good through the long rainy season. No temptations to sell yet.
VituVingiSana
#108 Posted : Tuesday, March 16, 2010 1:57:56 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
LOL... Well, I feel vindicated for starting this thread!

BTW, Kakuzi made about 15/- (without the biological gains) so pretty cheap even at 88/- (PER less than 6)... Very cheap! Should be over 100/-
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Much Know
#109 Posted : Tuesday, March 16, 2010 9:03:45 AM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
Some jamaas are busy struggling to run out of sasini with profit whilst others are running into agrics still at this prices, whats up?
Ras Kienyeji Man
guru267
#110 Posted : Tuesday, March 16, 2010 9:07:59 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@much know... these are just profit takers... i mean who wouldnt take profits after making 85% in two weeks??? but sasini is still pretty cheap so i expect it continue with its run...
Mark 12:29
Deuteronomy 4:16
24 Pages«<910111213>»
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