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Nation Media FY 2011 PAT up 31 percent
Aguytrying
#31 Posted : Sunday, July 31, 2016 5:51:56 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Boris Boyka wrote:
Aguytrying wrote:
sparkly wrote:
Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self.


@sparkly. See the benefit of long-term investment. @the deal criticised ur long hold coz of returns. Just a few months later you got your 100+% gain.

What made u sell at that 287 now makes you look like a genius. I agree it's time to buy.
Like buffet says, we like to buy them while on operating table. I kinda with I could do a switch btn this and TPS. Both services sector but NMG sub sector less volatile.

But @Sparkly SOLD it at some point @ the buyer smile


You've been quiet.
How's the speculating working for you?

Hence I said makes him look like a genius. Selling is necessary if you feel the company or environment has changed drastically. Or u feel the share is too overvalued. For me only the first 2 reasons apply

The investor's chief problem - and even his worst enemy - is likely to be himself
Boris Boyka
#32 Posted : Sunday, July 31, 2016 9:20:43 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Aguytrying wrote:
Boris Boyka wrote:
Aguytrying wrote:
sparkly wrote:
Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self.


@sparkly. See the benefit of long-term investment. @the deal criticised ur long hold coz of returns. Just a few months later you got your 100+% gain.

What made u sell at that 287 now makes you look like a genius. I agree it's time to buy.
Like buffet says, we like to buy them while on operating table. I kinda with I could do a switch btn this and TPS. Both services sector but NMG sub sector less volatile.

But @Sparkly SOLD it at some point @ the buyer smile


You've been quiet.
How's the speculating working for you?

Hence I said makes him look like a genius. Selling is necessary if you feel the company or environment has changed drastically. Or u feel the share is too overvalued. For me only the first 2 reasons apply


smile Am around busy here and there just peeping here once in a while. Am Okay...cash became King. Holding a few BMB, peanuts KeRe,Hfck. The bear is doing well let it prevail.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Gatheuzi
#33 Posted : Monday, August 01, 2016 8:04:19 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
obiero wrote:
young wrote:
Aguytrying wrote:
@young. Liking your bearishness. When do you think stocks will tank proper, from your experience. And what low price would you expect for the following: kenol, kplc, kcb, equity. Thanks.



@Aguy,

It is not a question of thinking bearishness, it is just the princples of what goes up must come down. There is always a time of market correction even for good companies.
For a long term investor instead of injecting more money to buy your favorite stock when it is cheap, you can equally do what I do once in a year on NMG and EABL to increase your holdings without injecting new funds.
I sold all my units of NMG at 185 bob specifically in may 2011 and bought back at 135 in November 2011 after it has lose steam and euphoria.

I have been doing this for the past 3 years only for NMG & EABL.
My 125 bob low price is just a prediction not a hard and fast rule as I am factoring in the political uncertainty this year so I expect NMG to get as low or close to that in the months ahead. Meanwhile I am looking forward to selling NMG circa 180 again this year.
I cannot predict other counters as I do not apply this technique to them.
This buy back approach is called passive recursive
trading. It is very useful to long term investors.

Cheers

@spikes passive recursive trading.. memorise that word

Laughing out loudly Laughing out loudly Laughing out loudly
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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