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Transcentury vs Kenya Power
MaichBlack
#11 Posted : Thursday, December 27, 2018 11:41:32 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
sparkly wrote:
MaichBlack wrote:
tom_boy wrote:
Angelica _ann wrote:
sparkly wrote:
tom_boy wrote:
As a contrarian play, which one entails less risk of loss?


Monkeys


Both are traps aka handcuffs!!!


What is the basis of these conclusions? Have you not heard that past performance is not an indication of future performance? Are you saying that nothing is being done to address issues that led to past poor performance? I think not!

Wazua is a great place to get information but at times it can dish you tonne loads of misleading information!!! Safaricom comes to mind. The stock was totally bashed in Wazua even when it was trading at Kshs. 2.xy. Almost everyone wrote it's obituary and even prepared for its funeral. "Safaricom was finished. Could not compete. Voice was dead bla bla bla!!!". And threads were all over. You can dig them up!!! Suffice it to say most Wazuans missed the bus by millions of miles.

I love Wazuans. They are very resourceful and have extremely valuable information. But when they are wrong, boy can they be wrong!!!


Name names. Who wrote off Safaricom? When? Point us to the thread so that we can contribute meaningfully.

Start with this thread
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#12 Posted : Thursday, December 27, 2018 11:43:34 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
Then go to this one

Then dig up the rest.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#13 Posted : Thursday, December 27, 2018 11:51:26 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
Another stock more than 50% of Wazuans got ridiculously and painfully wrong was Equity Bank!!!

Luckily for this one there were almost as many "lovers" as haters. Every other day there was a new thread either bashing or praising Equity. As some Wazuans were making mad cash on Equity, a huge group was busy singing "Equity is collapsing tomorrow", "They are running out of cash that is why the keep pretending their ATMs have broken down", "Oh, James Mwangi's history with collapsed financial institution(s)", bla bla bla...

After years of singing, they noticed how wrong they were and some even started buying (wengine chini ya maji!!)
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#14 Posted : Thursday, December 27, 2018 11:56:38 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
MaichBlack wrote:
sparkly wrote:
MaichBlack wrote:
tom_boy wrote:
Angelica _ann wrote:
sparkly wrote:
tom_boy wrote:
As a contrarian play, which one entails less risk of loss?


Monkeys


Both are traps aka handcuffs!!!


What is the basis of these conclusions? Have you not heard that past performance is not an indication of future performance? Are you saying that nothing is being done to address issues that led to past poor performance? I think not!

Wazua is a great place to get information but at times it can dish you tonne loads of misleading information!!! Safaricom comes to mind. The stock was totally bashed in Wazua even when it was trading at Kshs. 2.xy. Almost everyone wrote it's obituary and even prepared for its funeral. "Safaricom was finished. Could not compete. Voice was dead bla bla bla!!!". And threads were all over. You can dig them up!!! Suffice it to say most Wazuans missed the bus by millions of miles.

I love Wazuans. They are very resourceful and have extremely valuable information. But when they are wrong, boy can they be wrong!!!


Name names. Who wrote off Safaricom? When? Point us to the thread so that we can contribute meaningfully.

Start with this thread

In 2010 - 2011, Safaricom was trading at sub 3/=. Last year it was at 30/=. That is a 1,000% ROI in 7 or 8 years NOT accounting for dividends! The dividends alone more than covers the buying cost! Yet it was one of the most bashed stocks in that (buying) period/window!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#15 Posted : Friday, December 28, 2018 9:08:48 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
MaichBlack wrote:
Another stock more than 50% of Wazuans got ridiculously and painfully wrong was Equity Bank!!!

Luckily for this one there were almost as many "lovers" as haters. Every other day there was a new thread either bashing or praising Equity. As some Wazuans were making mad cash on Equity, a huge group was busy singing "Equity is collapsing tomorrow", "They are running out of cash that is why the keep pretending their ATMs have broken down", "Oh, James Mwangi's history with collapsed financial institution(s)", bla bla bla...

After years of singing, they noticed how wrong they were and some even started buying (wengine chini ya maji!!)

Thread One: Some even called Equity a Ponzi Scheme!!!

Dig up the other threads!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#16 Posted : Friday, December 28, 2018 9:24:29 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
Thread Two: Time to sell Equity. A "political bank". In 2010!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
rwitre
#17 Posted : Friday, December 28, 2018 11:17:17 AM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi



Wazua is a source of alternative opinions. The onus is upon the individual investor to decide what stocks to pick, what to leave.

When you follow some of the investment advice here as gospel truth, you will go bankrupt. Others will have you smiling to the bank.

Truth is, some stocks labelled "monkeys" can turn out to be valuable assets.
Others that were once bluechips have gone into receivership.

Some will say only invest 10% of your portfolio at the NSE. Others have 90% of their portfolio here. A few say the NSE is a black hole for capital.


Pick what works for you and roll with it.
Your profits are your own. And so are your losses.
Fyatu
#18 Posted : Friday, December 28, 2018 1:55:04 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
I vividly remember when Britam was listed. The so called wazua elders said they would not touch it with a 10 foot pole.Britam then sunk to 5bob and the wazua bullies continued with their trash talk. 2 years later Britam was trading at 40 bob, a pure 8 bagger.Lets not even talk about about Safaricom...ili bakia kuwa story


PS. Follow @Mugundaman formative posts here on wazua and you will know who the bullies are......
Dumb money becomes dumb only when it listens to smart money
Ebenyo
#19 Posted : Friday, December 28, 2018 2:47:39 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
rwitre wrote:



Wazua is a source of alternative opinions. The onus is upon the individual investor to decide what stocks to pick, what to leave.

When you follow some of the investment advice here as gospel truth, you will go bankrupt. Others will have you smiling to the bank.

Truth is, some stocks labelled "monkeys" can turn out to be valuable assets.
Others that were once bluechips have gone into receivership.

Some will say only invest 10% of your portfolio at the NSE. Others have 90% of their portfolio here. A few say the NSE is a black hole for capital.


Pick what works for you and roll with it.
Your profits are your own. And so are your losses.




i agree with you.Wazua is a social place where we meet to exchange ideas.Make your decisions alone.Analyse every idea carefully and proof check before jumpimg into it.Go by what works for you and ignore herd mentality.
Towards the goal of financial freedom
sparkly
#20 Posted : Friday, December 28, 2018 3:36:28 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi


So everyone on Wazua was wrong. Show us the way great Oracle MaichBlack.
Life is short. Live passionately.
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