Wazua
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ARM HY2017
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Fyatu wrote:VituVingiSana wrote: Don't bet on it. Be conservative and make a 100% provision for it. If there is something, count it as pure profit. If there is nothing (for shareholders) then shrug your shoulders and move on. I have actually written it off as advised. However, I am motivated by the fact that production was restored and Rhino cement is retailing in hardwares as before albeit kidogo kidogo. If it re-lists, i will hold.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:Fyatu wrote:VituVingiSana wrote: Don't bet on it. Be conservative and make a 100% provision for it. If there is something, count it as pure profit. If there is nothing (for shareholders) then shrug your shoulders and move on. I have actually written it off as advised. However, I am motivated by the fact that production was restored and Rhino cement is retailing in hardwares as before albeit kidogo kidogo. If it re-lists, i will hold. Give us a break @vvs.. Ati if there's "something" count it as profit? Wewe unatuchukulia vipi lakini.. Meanwhile @Fyatu I am going to be bold and tell you that I believe stock investment is not for you, at least not with your current stock picking principles.. You may need a professional to assist you avert further losses. I tell this to you with love
KQ ABP 4.26
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Rank: Member Joined: 3/20/2008 Posts: 503
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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 Isorite....wachana na mimi ni pambane na hali yangu. Dumb money becomes dumb only when it listens to smart money
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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IF (I don't have any expectations) we get something even 5cents, someone will call it voodoo, luck, cartel, etc Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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obiero wrote:VituVingiSana wrote:Fyatu wrote:VituVingiSana wrote: Don't bet on it. Be conservative and make a 100% provision for it. If there is something, count it as pure profit. If there is nothing (for shareholders) then shrug your shoulders and move on. I have actually written it off as advised. However, I am motivated by the fact that production was restored and Rhino cement is retailing in hardwares as before albeit kidogo kidogo. If it re-lists, i will hold. Give us a break @vvs.. Ati if there's "something" count it as profit? Wewe unatuchukulia vipi lakini.. Meanwhile @Fyatu I am going to be bold and tell you that I believe stock investment is not for you, at least not with your current stock picking principles.. You may need a professional to assist you avert further losses. I tell this to you with love As harsh as it sounds, @obiero has a point. @fyatu has been on the receiving end on one too many counters...ARM, atlas, TCL. That kind of batting average is an antithesis to the aim of investing. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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lochaz-index wrote:obiero wrote:VituVingiSana wrote:Fyatu wrote:VituVingiSana wrote: Don't bet on it. Be conservative and make a 100% provision for it. If there is something, count it as pure profit. If there is nothing (for shareholders) then shrug your shoulders and move on. I have actually written it off as advised. However, I am motivated by the fact that production was restored and Rhino cement is retailing in hardwares as before albeit kidogo kidogo. If it re-lists, i will hold. Give us a break @vvs.. Ati if there's "something" count it as profit? Wewe unatuchukulia vipi lakini.. Meanwhile @Fyatu I am going to be bold and tell you that I believe stock investment is not for you, at least not with your current stock picking principles.. You may need a professional to assist you avert further losses. I tell this to you with love As harsh as it sounds, @obiero has a point. @fyatu has been on the receiving end on one too many counters...ARM, atlas, TCL. That kind of batting average is an antithesis to the aim of investing. Wazua is awash with other peoples errors. We have people here who bought KQ at 60 bob, the same same people are stuck with the so called diamond in the rough(NOT), others have been burnt to recognition by Mumias, HAFR, paka, Kenya power rights issue etc. Others invested in Gakuyo,bandahomes,Crypto and got dismembered badly etc. Thus, i don't see why @fyatu should be used as point of reference on how not to invest at NSE ....Others are shafted daily by Sportspesa In the fullness of time(bookmark this post), we shall exchange notes about my returns at NSE (inshallah). In the meantime kila mtu akule jeuri yake Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Fyatu wrote:lochaz-index wrote:obiero wrote:VituVingiSana wrote:Fyatu wrote:VituVingiSana wrote: Don't bet on it. Be conservative and make a 100% provision for it. If there is something, count it as pure profit. If there is nothing (for shareholders) then shrug your shoulders and move on. I have actually written it off as advised. However, I am motivated by the fact that production was restored and Rhino cement is retailing in hardwares as before albeit kidogo kidogo. If it re-lists, i will hold. Give us a break @vvs.. Ati if there's "something" count it as profit? Wewe unatuchukulia vipi lakini.. Meanwhile @Fyatu I am going to be bold and tell you that I believe stock investment is not for you, at least not with your current stock picking principles.. You may need a professional to assist you avert further losses. I tell this to you with love As harsh as it sounds, @obiero has a point. @fyatu has been on the receiving end on one too many counters...ARM, atlas, TCL. That kind of batting average is an antithesis to the aim of investing. Wazua is awash with other peoples errors. We have people here who bought KQ at 60 bob, the same same people are stuck with the so called diamond in the rough(NOT), others have been burnt to recognition by Mumias, HAFR, paka, Kenya power rights issue etc. Others invested in Gakuyo,bandahomes,Crypto and got dismembered badly etc. Thus, i don't see why @fyatu should be used as point of reference on how not to invest at NSE ....Others are shafted daily by Sportspesa In the fullness of time(bookmark this post), we shall exchange notes about my returns at NSE (inshallah). In the meantime kila mtu akule jeuri yake Exactly my thinking, it is only that you have been open about your investments and 'losses' therein. There are many people holding monkeys including paka, sameer, Olmpia etc. Hata NBK ni monkey ....  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: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Thanks @double A. Lets revisit this issue in the future. As they say nothing ventured...nothing gained. You loose some to win some Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Our noble teachers have been burnt to recognition for their dalliance with Merali...this investment business is not for the faint hearted LINKDumb money becomes dumb only when it listens to smart money
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