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KQ up,up & away
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Gatheuzi wrote:sparkly wrote:Gatheuzi wrote:maka wrote:Gatheuzi wrote:I had got in @ 72. Too bad I did not cost average downwards when the price fell to the level of 20s. All the same I think I will even out soon. Woiiii... @Maka bona watukubusha hizo zida za KQ. I bought in Sep 07 at 72 and watched price drop to 20s around May 2009. However lucky for me I disembarked when price rose to 46 in Oct 2010 booking looses of 36%. Lucky for me this was on low volumes of 1K shares so I lost only 26K. I used the proceeds of 46K to buy DTB at 119 and have never regretted that decision. My first story with KQ was sweet I had only bought 1K shares in 2004 at average of 17 and sold in 2005 at 79 a piece booking 364% gains or KES62K, sadly this was just a small trade I had made. So my net gain in KQ for the 2 trades come to 62-27=35K. Posted in 2015. @Gatheuzi are you still invested? @Sparkly, I already divested from KQ into DTB. As I had explained, the first stock trade in NSE to make me real money was KQ. With 364% gains in less than 2 years, I thought I was a genius. But later on I thought I could be twice lucky which went the other way and lost 36% of the capital. DTB trade was awesome, I disembarked in 2011 and bought "buroti maguta maguta". Stocks are fun and currently I am slowly accumulating SCB mainly for dividends. At least you made money. KQ is unlikely to prosper within our lifetime. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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sparkly wrote:Gatheuzi wrote:sparkly wrote:Gatheuzi wrote:maka wrote:Gatheuzi wrote:I had got in @ 72. Too bad I did not cost average downwards when the price fell to the level of 20s. All the same I think I will even out soon. Woiiii... @Maka bona watukubusha hizo zida za KQ. I bought in Sep 07 at 72 and watched price drop to 20s around May 2009. However lucky for me I disembarked when price rose to 46 in Oct 2010 booking looses of 36%. Lucky for me this was on low volumes of 1K shares so I lost only 26K. I used the proceeds of 46K to buy DTB at 119 and have never regretted that decision. My first story with KQ was sweet I had only bought 1K shares in 2004 at average of 17 and sold in 2005 at 79 a piece booking 364% gains or KES62K, sadly this was just a small trade I had made. So my net gain in KQ for the 2 trades come to 62-27=35K. Posted in 2015. @Gatheuzi are you still invested? @Sparkly, I already divested from KQ into DTB. As I had explained, the first stock trade in NSE to make me real money was KQ. With 364% gains in less than 2 years, I thought I was a genius. But later on I thought I could be twice lucky which went the other way and lost 36% of the capital. DTB trade was awesome, I disembarked in 2011 and bought "buroti maguta maguta". Stocks are fun and currently I am slowly accumulating SCB mainly for dividends. At least you made money. KQ is unlikely to prosper within our lifetime. Watch and learn
KQ ABP 4.26
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:Gatheuzi wrote:sparkly wrote:Gatheuzi wrote:maka wrote:Gatheuzi wrote:I had got in @ 72. Too bad I did not cost average downwards when the price fell to the level of 20s. All the same I think I will even out soon. Woiiii... @Maka bona watukubusha hizo zida za KQ. I bought in Sep 07 at 72 and watched price drop to 20s around May 2009. However lucky for me I disembarked when price rose to 46 in Oct 2010 booking looses of 36%. Lucky for me this was on low volumes of 1K shares so I lost only 26K. I used the proceeds of 46K to buy DTB at 119 and have never regretted that decision. My first story with KQ was sweet I had only bought 1K shares in 2004 at average of 17 and sold in 2005 at 79 a piece booking 364% gains or KES62K, sadly this was just a small trade I had made. So my net gain in KQ for the 2 trades come to 62-27=35K. Posted in 2015. @Gatheuzi are you still invested? @Sparkly, I already divested from KQ into DTB. As I had explained, the first stock trade in NSE to make me real money was KQ. With 364% gains in less than 2 years, I thought I was a genius. But later on I thought I could be twice lucky which went the other way and lost 36% of the capital. DTB trade was awesome, I disembarked in 2011 and bought "buroti maguta maguta". Stocks are fun and currently I am slowly accumulating SCB mainly for dividends. At least you made money. KQ is unlikely to prosper within our lifetime. Watch and learn I watching great teacher Obiero  Life is short. Live passionately.
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Rank: New-farer Joined: 12/23/2018 Posts: 38 Location: germany
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I dont think that you should be hard on any investor who made loss on stock market. You probably already know how hard it is to make the right pick and actually make some money on this market. It is unpredictable,so losses should be used to learn something about you trading decisions and this market
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Yliett wrote:I dont think that you should be hard on any investor who made loss on stock market. You probably already know how hard it is to make the right pick and actually make some money on this market. It is unpredictable,so losses should be used to learn something about you trading decisions and this market Most of the NSE investors are facing dips. The only reason why some people delight on others misfortune is low self esteem. People who believe that they made better choices just because we do not know their ABP! I don't give a rat's ass about such queers
KQ ABP 4.26
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KQ up,up & away
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