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INVESTMENT
FUNKY
#1 Posted : Saturday, June 12, 2010 9:48:16 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Guys i need to invest around 300,000/- please advise in which counters to ivnvest?
Bodo
#2 Posted : Saturday, June 12, 2010 11:09:06 AM
Rank: New-farer

Joined: 3/30/2010
Posts: 15
Location: Nairobi
@Funky:
ru looking at short-term or long term?

Short-term:
Equity bank,Williamson Tea,Kakuzi.....

Long-term:
Total,Mumias,Co-op,Kenol,Jubilee,KQ....

The fundamentals in the counters remain favorable!
gathinga
#3 Posted : Saturday, June 12, 2010 12:18:04 PM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
buy vuvuzelas and resell them.
guru267
#4 Posted : Saturday, June 12, 2010 12:46:08 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@FUNKY since i'm primarily more of a long term investor than a trader i would advise you put that 300k in only two or three companies for the long term so as to enjoy both capital gains and dividend yield optimally

any of these would do the trick if you hold for 3 years plus:
1.mumias
2.KK
3.Jubilee(if you choose this one try get in cum bonus)
4.NIC bank
5.ARM
6.Equity

Have fun making money!!


Mark 12:29
Deuteronomy 4:16
FUNKY
#5 Posted : Saturday, June 12, 2010 1:05:00 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Thank you all for the advice,however,i need to invest short term and get out of it in around 2-3months. Any news bt CMC MOTORS?..they are goin to release their 6 month results soon and i got news its going to be really good their price might shoot up2 17-18
cnn
#6 Posted : Saturday, June 12, 2010 1:20:50 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
If you have done your research well and are sure CMC will do well at half year why bother asking for advice?
VituVingiSana
#7 Posted : Saturday, June 12, 2010 1:34:48 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
I agree with @cnn
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
simonkabz
#8 Posted : Saturday, June 12, 2010 11:16:23 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Cnn n vvs r two rude emotional know-it-alls. Im sure u two can hardly stomach the same if directed 2u. Dude is simply seeking advice. PS, I got no advice.
TULIA.........UFUNZWE!
sparkly
#9 Posted : Sunday, June 13, 2010 12:15:09 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@funky my advice is that you cannot "invest" in stocks for 2-3 months. commissions of 15k to buy and sell, the market may fall due to global economic uncertainty, stocks are volatile. Only way to make money in stocks is to build a diversified portifolio, reinvest gains and dividends.
Life is short. Live passionately.
qw25041985
#10 Posted : Sunday, June 13, 2010 10:15:26 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
I believe you cn invest in co-op , cmc , and kakuzi for short term period. But watch out for CO-OP bank. I believe next week it'll make big share price moves. The same goes for kakuzi. Watch out. I think you know the reason. Happy investing.
Your future depends on your dreams so go to sleep !
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