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Can I sell my Sasini portfolio?
mBiaLoss
#11 Posted : Thursday, June 24, 2010 7:50:22 AM
Rank: New-farer

Joined: 6/23/2010
Posts: 52
Location: Majuu
well i bought not to get a seat on the board but to make a profit. As much as I can. The half I sold returned my investment and some profit already. But I just dont want to look like a fool by selling now and the price goes to 20 or so. Alternatively I will be even a bigger fool if I dont sell and the price dunks to say 7. That is why I need advice since I dont know much about these shares. I buy by instinct hoping to make a profit.
So anybody knows when they will release the end of year results?
As an investor I behave like a tick, patiently waiting on grass and larch onto the first cow that shows up. As an investor I dont behave like a tick...I jump off the the cow as soon as am fully engorged before it dies...
murenj
#12 Posted : Thursday, June 24, 2010 8:00:43 AM
Rank: Member

Joined: 7/22/2008
Posts: 851
Location: nairobi
sell and jump into another bus. Too many buses at the bus stop now. The anticipated price rally may not come to pass if safcon, centum, kq et al are anything to go by
sparkly
#13 Posted : Thursday, June 24, 2010 8:55:21 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@mbialoss trust your instincts. If they tell you sell, then you SELL. Never argue with yourself coz you can't afford to be indecisive. You have made a tidy profit and remember its good to tame greed as it leads to losses. All the best
Life is short. Live passionately.
youcan'tstopusnow
#14 Posted : Thursday, June 24, 2010 10:13:28 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
When buying shares, have a percentage gain target in mind. Don't just buy haphazardly. When your target is reached, you sell. Until then hold steady.
Did you have a target?
GOD BLESS YOUR LIFE
the deal
#15 Posted : Thursday, June 24, 2010 2:02:28 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
youcan'tstopusnow wrote:
When buying shares, have a percentage gain target in mind. Don't just buy haphazardly. When your target is reached, you sell. Until then hold steady.
Did you have a target?

True that..set a buying target and a selling target...
qw25041985
#16 Posted : Thursday, June 24, 2010 2:16:16 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@ ambia. Seriously are u talkin about sasini or some stock listd at the nyse - newyork exchange. Who ever is telling you to sell ignore. This stock is groosly undervalued. And as selling targets go you better set it high coz their three digit profit is no mean feat. And someone said that a stock price always follows good performance. And Sasini is no exception. So DNT sell.
Your future depends on your dreams so go to sleep !
The Merchant
#17 Posted : Thursday, June 24, 2010 2:30:37 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
sasini/kakuzi/williamson tea...hmmm. Sasini has an RSI of close to 30 so it may still be a good and very affordable buy. But question is, have you found a better deal in the market? Most stocks seem like a good deal now and that includes sasini so the reason for disposing your holding eludes me....
VituVingiSana
#18 Posted : Thursday, June 24, 2010 8:43:56 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
I have one thing against Sasini... MERALI...

BTW, apparently Sasini has plenty of cash now KES765mn in the bank tho there is a Corporate Bond outstanding...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
qw25041985
#19 Posted : Thursday, June 24, 2010 9:23:30 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
For those who want to know Sasini will be releasing their full year results.its on October - November period. And guys i am still insistin you consider HFCK . I believe once results ar out .it'll rally like nonsence. I'll keep on insistin till ma point is proven... U wait and see.
Your future depends on your dreams so go to sleep !
cnn
#20 Posted : Thursday, June 24, 2010 9:41:07 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
@qw...your hype is just out of this world.For a start Sasini in early May announced half year results where EPS from operations rose from .35cents to 1.05,triple the previous year and paid an interim .20 cents dividend.I dont remember any price action then.So lets wait and see whether your crystal is not fractured.That said i rode sasini from 6bob and actualised my whole profits at 15.I have been buying WTK,where should the second half mirror sasini's,first half i hope for a good dividend pay out and any price action will be the icing.EPS at half year from operations was 12 bob.
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