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kelele
#11 Posted : Wednesday, March 17, 2010 3:02:11 AM
Rank: New-farer

Joined: 1/9/2010
Posts: 18
If the market was all logic and numbers, most of you falks bashing this counter would be filth rich by now.
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subaru
#12 Posted : Wednesday, March 17, 2010 6:38:51 AM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
i suspected something was behind this Eveready to reduce costs and upgrade product line
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sheep
#13 Posted : Wednesday, March 17, 2010 7:46:48 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
@Yaser,

Could you by any chance be Merali or one of his proxies?
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.
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Jaguar
#14 Posted : Wednesday, March 17, 2010 8:45:19 AM
Rank: Member

Joined: 6/7/2007
Posts: 263
Location: humu humu
@sheep, its called Greater fool theory
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2012
#15 Posted : Wednesday, March 17, 2010 10:36:35 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
kelele wrote:
If the market was all logic and numbers, most of you falks bashing this counter would be filth rich by now.


You've hit the nail on the kichwas!
To read this market you must understand that after the Safaricom IPO the nse changed to a speculator's heaven. My portfolio had stagnated at btwn 5% and negative 10%) but has really picked after I diverted 20% of my portfolio to speculative.

BBI will solve it :)
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  | | Edit by user: Wednesday, March 17, 2010 10:37 AM | Reason: Not specified
VituVingiSana
#16 Posted : Wednesday, March 17, 2010 12:11:48 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@2012 - Folks are not bashing the 'stock but the firm...

Since I do not (generally) speculate... I am out of Sasini unless it is priced much lower!

I think merali is a crook. I am sorry... he is a crook...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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guru267
#17 Posted : Thursday, March 18, 2010 7:35:51 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS i'm very interested to know what Merali ever did you? Eh? what if he's a member of this forum
Mark 12:29
Deuteronomy 4:16
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guru267
#18 Posted : Thursday, March 18, 2010 7:42:51 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
i think this is happening to this stock simply because it is liquid and a penny stock...

i hope the same thing happens to KPLC after the split...
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#19 Posted : Thursday, March 18, 2010 10:37:07 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
guru267 wrote:
@VVS i'm very interested to know what Merali ever did you? Eh? what if he's a member of this forum

Mwizi...
So what if he is a member... even he knows he is a thief...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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