sparkly wrote:Impunity wrote:While you ponder what to do with your 0.66 cents dividends, some of us (obiero) have doubled our millions in capital gains at kq and bolted..waiting to enter again at the trough-levels.
Like you have a million worth of CAPITAL at Safcom giving you say 30K shillings dividend in a year while astute traders like @obiero and I&I multiply the million shillings by 2 in two months!
Tafakari hayo.
Conveniently forgetting that Safaricom moved from 5-20 after listing while KQ has moved from 130-6 in the same period boom!
Wacha hata hiyo! That Safaricom was once at 2.xy and the shares bought at that price zilirudisha pesa kitambo through dividends and future dividends is "free money" and the 20/= capital value is also "free money"!!!
Alafu anataja @Obiero for support because he cannot stand alone. He he he.
And it is not 0.66 @Impunity. Everything is double double.... say double double...
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.