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The KenolKobil 2015 pendulum
Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
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mlennyma wrote:mwasjd wrote:Thanks guys! Took your advice and checked in at 10.70 in June. Smiling all the way  Lakini sasa kushuka ni lini? investment is like boarding a public transport bus,you don't demand to get out as a crowd but only alight when you reach your destination,you also don't ask those alighting where they are going because they know ..what was your goal or target? Profound! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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VituVingiSana wrote:mlennyma wrote:mwasjd wrote:Thanks guys! Took your advice and checked in at 10.70 in June. Smiling all the way Lakini sasa kushuka ni lini? investment is like boarding a public transport bus,you don't demand to get out as a crowd but only alight when you reach your destination,you also don't ask those alighting where they are going because they know ..what was your goal or target? Profound! If you shouldn't ask when to alight, it follows that you shouldn't ask when to board! Methinks the spirit of Wazua is to share ideas and I believe in it. However nobody can be 100% sure of the market trends. The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Weekends are notorious in halting stock rallies,i don't think this will be different "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 2/7/2016 Posts: 79 Location: Home
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Am I missing something? Of course I am...this stock is on steroids. What is the news? Is PUMA back? Is the company about to get a new owner who will pay current shareholders top dollar for their equity? This rally can only be explained by an event, which is yet to be determined by wazua insiders. 88% YTD and over 30% in the last one month alone...too bad I missed it.
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Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
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I don't think the rally will continue BUT that does NOT mean [in KK's case] that the intrinsic value isn't there to justify 16/- today. I think the 2H results will be very good. I think KK will take another provision for KPRL in 2H. This is a conservative approach to accounting for money that hasn't been received for many, many years. Eventually, GoK/KPRL will pay up and then KK can write it back. Operations: Rocking and Rolling as seen by Deal Poa. That's a criterion I look at on a regular basis. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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VituVingiSana wrote:I don't think the rally will continue BUT that does NOT mean [in KK's case] that the intrinsic value isn't there to justify 16/- today. I think the 2H results will be very good. I think KK will take another provision for KPRL in 2H. This is a conservative approach to accounting for money that hasn't been received for many, many years. Eventually, GoK/KPRL will pay up and then KK can write it back.
Operations: Rocking and Rolling as seen by Deal Poa. That's a criterion I look at on a regular basis. i can see hungry profit takers lining up "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
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It should head back to 12/-  *Please fill up at KK. KQ and friends to pay cash* Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* the rally has achieved it's objective,do not underate Kk we will be back,so far the sellers look speculative and can't be taken seriously "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,763 Location: nairobi
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mlennyma wrote:VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* the rally has achieved it's objective,do not underate Kk we will be back,so far the sellers look speculative and can't be taken seriously Greater fool theory in stock trading
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,763 Location: nairobi
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mlennyma wrote:Weekends are notorious in halting stock rallies,i don't think this will be different Why hasn't the KQ rally been halted
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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obiero wrote:mlennyma wrote:Weekends are notorious in halting stock rallies,i don't think this will be different Why hasn't the KQ rally been halted is this a rally surely for a share crumbling from 140 shillings? it's only you who see a rally,having bought at 46 and kept it for my grand children I don't see any rally "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
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mlennyma wrote:VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* the rally has achieved it's objective,do not underate Kk we will be back,so far the sellers look speculative and can't be taken seriously I am a net buyer. I prefer to buy KK at 12 rather than 15. My "forecast" is 18-20 by Dec 2018 as the PROFITS increase to justify a higher price. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 2/8/2007 Posts: 808
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VituVingiSana wrote:mlennyma wrote:VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* the rally has achieved it's objective,do not underate Kk we will be back,so far the sellers look speculative and can't be taken seriously I am a net buyer. I prefer to buy KK at 12 rather than 15. My "forecast" is 18-20 by Dec 2018 as the PROFITS increase to justify a higher price. Unlikely this thing is going back to 12. Looks like there is quite a bit of demand at 14.
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Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
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Kausha wrote:VituVingiSana wrote:mlennyma wrote:VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* the rally has achieved it's objective,do not underate Kk we will be back,so far the sellers look speculative and can't be taken seriously I am a net buyer. I prefer to buy KK at 12 rather than 15. My "forecast" is 18-20 by Dec 2018 as the PROFITS increase to justify a higher price. Unlikely this thing is going back to 12. Looks like there is quite a bit of demand at 14. I agree. I meant that as a "buyer" I wish it would. The dilemma I face is that my portfolio is "complete" i.e. I have [carefully] concentrated my holdings in (primarily) 4 firms. It's also diversified with Banking/Finance, Insurance, Food and Fuel. There's also tourism, tea and engineering/property. My access to "cash" is limited so I have to move funds within the portfolio. That is costly with high transaction costs. Plus, there is no compelling reason to sell any of the other 3 to buy the 1. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* I didn't see any worrying selling pressure unless it develops, sellers are holding their ground so kk will see a new trading zone,i won't be surprised if kk gains tomorrow "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,763 Location: nairobi
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mlennyma wrote:VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* I didn't see any worrying selling pressure unless it develops, sellers are holding their ground so kk will see a new trading zone,i won't be surprised if kk gains tomorrow Close to 10% drop in one day and you expect a swift reversal upwards tomorrow! Hii ni soko gani unacheza nayo.. Kesho tunavua hii nyani nguo
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 12/7/2012 Posts: 11,921
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obiero wrote:mlennyma wrote:VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* I didn't see any worrying selling pressure unless it develops, sellers are holding their ground so kk will see a new trading zone,i won't be surprised if kk gains tomorrow Close to 10% drop in one day and you expect a swift reversal upwards tomorrow! Hii ni soko gani unacheza nayo.. Kesho tunavua hii nyani nguo You are a real hater  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Angelica _ann wrote:obiero wrote:mlennyma wrote:VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* I didn't see any worrying selling pressure unless it develops, sellers are holding their ground so kk will see a new trading zone,i won't be surprised if kk gains tomorrow Close to 10% drop in one day and you expect a swift reversal upwards tomorrow! Hii ni soko gani unacheza nayo.. Kesho tunavua hii nyani nguo You are a real hater True my dear but the whole world can never be in harmony "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 2/8/2007 Posts: 808
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@ Obiero I doubt it. there is latent demand at 14 enough to propel it back past 15.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mlennyma wrote:Angelica _ann wrote:obiero wrote:mlennyma wrote:VituVingiSana wrote:It should head back to 12/- *Please fill up at KK. KQ and friends to pay cash* I didn't see any worrying selling pressure unless it develops, sellers are holding their ground so kk will see a new trading zone,i won't be surprised if kk gains tomorrow Close to 10% drop in one day and you expect a swift reversal upwards tomorrow! Hii ni soko gani unacheza nayo.. Kesho tunavua hii nyani nguo You are a real hater True my dear but the whole world can never be in harmony  what did kk ever do to you. The hate is real. Yaani it rallies 70% from when you were hating and then its not a rally. Haha The investor's chief problem - and even his worst enemy - is likely to be himself
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