wazua Sun, Mar 22, 2026
Welcome Guest Search | Active Topics | Log In

71 Pages«<2930313233>»
UNGA anyone?
Options
Previous Topic · Next Topic
youcan'tstopusnow
#301 Posted : Saturday, August 07, 2010 11:58:04 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
sparkly wrote:
@hisah where have you been? An expert in your field you must be. Share your post and also benefit from the resident fundamentalists. At this rate all the self made millionaires in the country will have one thing in common... Wazuarians

sparkly, seems qw has found himself a new buddysmile
GOD BLESS YOUR LIFE
Back to top
WWW
  |
the deal
#302 Posted : Saturday, August 07, 2010 1:10:03 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Before u diss Unga to be illequid...ask yourself how many issued shares of Unga are out there? How many Unga shares are the Top 10 shareholders holding? We have counters on the NSE that go for days without trading i.e BOC...CARBACID...WTK...MARSHALS...e.t.c...so come Monday Unga will edge higher....20% of my money is here....
Back to top
  |
guru267
#303 Posted : Saturday, August 07, 2010 1:16:11 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
Truth is that investing isn't half that hard. Warren Buffett quipped 'If one had to be good at math to be a great investor, then i'd probably go back to selling papers'

Let us not forget that WB who claims investing is easy and doesn't need knowledge of math is holding a degree in statistical economics..
Mark 12:29
Deuteronomy 4:16
Back to top
  |
sheep
#304 Posted : Saturday, August 07, 2010 1:24:01 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
ever since m.o.i forcefully took over,it became a money pit...it needs a change in management to really shine and potentially become a ten bagger
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
Back to top
  |
ProverB
#305 Posted : Saturday, August 07, 2010 1:33:48 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
the deal wrote:
Before u diss Unga to be illequid...ask yourself how many issued shares of Unga are out there? How many Unga shares are the Top 10 shareholders holding? We have counters on the NSE that go for days without trading i.e BOC...CARBACID...WTK...MARSHALS...e.t.c...so come Monday Unga will edge higher....20% of my money is here....


liquidity of a share...how many of the shares are traded daily...is dependent on your volume interest.

Assume back to January 5th 2010..30 weeks ago.. to date Unga has traded 2,603,200 shares... on average that is 17,300 shares a day..

consider also, the counter has never witnessed a one-off bulk volume transfer within the same period...

This also implies that as long as you have a total volume of trade of at most 6,000 shares..you can sell off easily once you put an order to do so.. for you the counter is liquid.

for someone with >20,000 shares..that is a different case.. not all shares will go on one trade..making the counter illiquid for them.. a sudden sell off of over 20,000 shares of unga is enuff to change market direction for the share price..
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Back to top
WWW
  |
guru267
#306 Posted : Saturday, August 07, 2010 1:39:39 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
so come Monday Unga will edge higher....20% of my money is here....

@the deal 20% in unga?? Dude you have guts..
Mark 12:29
Deuteronomy 4:16
Back to top
  |
youcan'tstopusnow
#307 Posted : Saturday, August 07, 2010 2:19:29 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
guru, I think VVS got the point I was trying to make when he said, "buy 5 or so good firms, at good prices with good managements... & all will be good..."
You don't need a degree in statistical economics (or any other for that matter) to make it in the stock market.
GOD BLESS YOUR LIFE
Back to top
WWW
  |
hisah
#308 Posted : Saturday, August 07, 2010 4:16:54 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
sparkly wrote:
@hisah where have you been? An expert in your field you must be. Share your post and also benefit from the resident fundamentalists. At this rate all the self made millionaires in the country will have one thing in common... Wazuarians


I have been around since the start of stockskenya.com as a reader smile
So far the unga thread made me want to comment since it has both ayes and nays going blow for blow with no let up smile Quite healthy for any discussion unlike one-sided action. And no, I'm not an expert. I don't like that expert term. The so called money experts have overcooked the global economy and they claim not to have seen it coming?! If you overcook, the food burns and they couldn't smell it? Burnt food looks like this... Sick
Anyway I combine both technicals and fundamentals to determine buy levels or re-entry levels and exit levels, but prefer fundamentals for long term entry. If you view the NSE 10 year chart, it is still bullish NSE chart - select the 10 year option compared to e.g. Dow Jones US Dow Jones - 10 year trend Those two charts show you where your money needs to be without doing this Brick wall

@youcan'tstopusnow - Ati you're willing to wait until the dinosaurs comeback Laughing out loudly +5000 marks for being more than long term and +1000 for being original than WB Applause

@sheep - mo1 and co will be bought out at the right time...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
youcan'tstopusnow
#309 Posted : Saturday, August 07, 2010 4:53:48 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah, glad to hear you're not an 'expert' smile So you also think UNGA is a BUY?
GOD BLESS YOUR LIFE
Back to top
WWW
  |
sparkly
#310 Posted : Saturday, August 07, 2010 4:56:16 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
youcan'tstopusnow wrote:
[quote=sparkly]
sparkly, seems qw has found himself a new buddysmile

Am waiting for @qw's comments on this...
Life is short. Live passionately.
Back to top
  |
71 Pages«<2930313233>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.