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PLAYING THE MARKET-A NEW YEAR RESOLUTION

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makmende		#161 Posted : Friday, June 04, 2010 7:07:57 AM
Rank: New-farer Joined: 5/14/2010 Posts: 26 Location: kenya		stocksmaster made more than the 46% if the peni mbili dividend from that counter is factored in. I agree with vv, so far so good for stockmaster even though he has missed on some counters, he's still on his way to the 50% growth target he set at the begining of the year. Some people lose in the market coz they dont have a plan, they just trade and buy ovyo ovyo. Roho Juu
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2012		#162 Posted : Friday, June 04, 2010 12:48:14 PM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		Managed to offload all my scangroup yesterday @33. Wa! you can't imagine how relieved I feel seeing it at the top of the loser's board. BBI will solve it :)
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sparkly		#163 Posted : Friday, June 04, 2010 1:33:24 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		[/quote] IMHO... he did what he had to do... and has done well... As for the rest, please show what u have or can do... Start with 1 June 2010 & show an actual start date, amount... then the trades incl all costs...[/quote] @vvs i wouldn't adopt the aggressive trading strategy in the second half of the year. IMO 2009 was time for mkt recovery led by blue chips - Bought my blue chips then. 2010 time for the medium and small caps to shine- been trading cfc, TPS, Kkzi, co-op. Market PE now 13 which means opportunities for a kill are thinning save for a few mid and small caps like nic, unga, access. The rest are junk. From now on i concentrate on preserving the capital gains by buying cheaply priced bluechips-kcb?bamburi?kplc? Saf? Life is short. Live passionately.
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VituVingiSana		#164 Posted : Friday, June 04, 2010 2:56:56 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		@Sparkly... well... then show us your trades vs @stocksmaster... whatever they may be... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Gatheuzi		#165 Posted : Saturday, June 05, 2010 3:31:35 PM
Rank: Veteran Joined: 8/16/2009 Posts: 994		@ Sparkly, Good luck on ua picks, I will be following quietly behind to see if I can grab some as well. One thing I did this year was to reduce on the number of counters I deal with but at the same time I increased volumes, the economies of scale have made me smile. 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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stocksmaster		#166 Posted : Tuesday, June 29, 2010 10:55:25 PM
Rank: Member Joined: 9/26/2006 Posts: 463 Location: CENTRAL PROVINCE		ACTIVITY 7: SALE OF 120,000 SAFARICOM SHARES @ KSH 5.85 DATES OF TRANSACTIONS: 25TH, 28TH & 29TH JUNE 2010 VALUE OF TRANSACTION:120,000 X Ksh 5.85 = Ksh 702,000 Less 2% transaction cost = Ksh 14,040 Cash Received from activity 7 = Ksh 687,960 Cash in hand after activity 6 = Ksh 122,430 Cash in hand after activity 7 = Ksh 810,390 Half Year Results: Initial Investment = Ksh 527,850 Net Profit for the six months = Ksh 282,540 Profit as a percentage of initial investment = 53.5 % Way forward The Safaricom results were as anticipated but this did not result in a satisfactory capital appreciation. The forthcoming referendum is destined to affect the NSE, and with one month to go expect foreigners to begin taking a back seat (political risk). A market correction seems ripe in July to factor this risk. I intend to take a back seat also and watch closely for any bargains that arise due to the referendum. Happy hunting. x handle: @stocksmaster79
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muganda		#167 Posted : Tuesday, June 29, 2010 11:13:49 PM
Rank: Elder Joined: 9/15/2006 Posts: 3,907		@stocksmaster, good to hear from you and you do need to check up on us at Wazua more often. Based on your initial syllabus, you've scored an A six months early. Flexibility from initial methodology has served you well, but I'd venture you can cautiously attain 100% return. ‘Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. Marianne Williamson
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Much Know		#168 Posted : Tuesday, June 29, 2010 11:28:36 PM
Rank: Elder Joined: 12/6/2008 Posts: 3,579		Kudos, great investing, great insights, immense skill. That was a great episode, and some wonderful profit. Got me thinking i should try soon, hope i don't burn. Will post. Cheers! Ras Kienyeji Man
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kyt		#169 Posted : Wednesday, June 30, 2010 12:21:41 AM
Rank: Elder Joined: 11/7/2007 Posts: 2,182		@ stocksmaster_impressive! i am 20% up my target 50% as yours. 30 to go. LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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VituVingiSana		#170 Posted : Wednesday, June 30, 2010 2:34:30 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		Awesome and shud shut up the detractors NONE of whom have been transparent on who, what, when & why... Keep the updates coming! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Wazua » Investor » Stocks » PLAYING THE MARKET-A NEW YEAR RESOLUTION

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