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A reality check counter
2012
#1 Posted : Tuesday, March 29, 2011 9:48:59 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Every investor has a counter he/ she checks to determine (an assumed) true position of the market whether in a bear, artificial bear, bull or artificial bull. Mine used to be eabl and Bamburi before the safaricom ipo and now it's KCB. If KCB is trading fairly stably as it is I have no cause to worry. What's your counter?

BBI will solve it
:)
Sufficiently Philanga....thropic
#2 Posted : Tuesday, March 29, 2011 12:10:53 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Ignore Scom at your own peril. With a market capitalisation of 14% of the total wealth at the NSE as of now, it truly holds a lot of weight!
@SufficientlyP
For Sport
#3 Posted : Tuesday, March 29, 2011 8:16:52 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
When Total tanks, everything else in my portfolio is usually red.
QW25071985
#4 Posted : Tuesday, March 29, 2011 8:22:06 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
For Sport wrote:
When Total tanks, everything else in my portfolio is usually red.


O.M.G . you hold total...gosh . how ???? i think i am better of holding access kenya coz atleast its moving lol
For Sport
#5 Posted : Tuesday, March 29, 2011 8:30:53 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
QW25071985 wrote:
For Sport wrote:
When Total tanks, everything else in my portfolio is usually red.


O.M.G . you hold total...gosh . how ???? i think i am better of holding access kenya coz atleast its moving lol


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
dont have that kind of adrenalin.
and shock absorbers
mwanahisa
#6 Posted : Tuesday, March 29, 2011 8:31:24 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
QW25071985 wrote:
For Sport wrote:
When Total tanks, everything else in my portfolio is usually red.


O.M.G . you hold total...gosh . how ???? i think i am better of holding access kenya coz atleast its moving lol


QW, Access, Moving where to .... doom and damnation. I saw it at 7.10 today. Even I was tempted to pick some at that level, just for the kicks!
mwanahisa
#7 Posted : Tuesday, March 29, 2011 8:36:33 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Mine is Jubilee which fluctuates wildly at times but not with big volumes e.g. Today it went down to 170, but with a volume of ONLY 2,000. But I also hold a few other counters that do not trade much like Limuru Tea and City Trust. When the otherwise staid and stoic sharehiolders in counters such as this sell at markedly lower prices and in sizeable volumes, then I know things are bad.
mwanahisa
#8 Posted : Tuesday, March 29, 2011 8:48:24 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
While we are on this topic, it is interesting to note that if you are to compare prices on the last day of trading in 2010 i.e. 31.12.10 and today, the financials have generally held up pretty well. Only 2 of them have gone down by more than 10% i.e. KNRE from 11.05 to 9.85 and Coop from 19 to 16.50. Meanwhile, KCB smile, DTB and PanAfric have gone up, the last in a fairly big way.

BTW, I have ignored Olympia, which I do not consider to be a financial and which in any case, I delisted in my mind A LONG TIME AGO.

So it's quite possible that there are folks smile whose portfolio is still in the green even as others wail and gnash their teeth! This is especially more so if one was nimble enough to exit some positions before they started their fall into the slough of despond!
For Sport
#9 Posted : Tuesday, March 29, 2011 8:55:01 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
mwanahisa wrote:
While we are on this topic, it is interesting to note that if you are to compare prices on the last day of trading in 2010 i.e. 31.12.10 and today, the financials have generally held up pretty well. Only 2 of them have gone down by more than 10% i.e. KNRE from 11.05 to 9.85 and Coop from 19 to 16.50. Meanwhile, KCB smile, DTB and PanAfric have gone up, the last in a fairly big way.

BTW, I have ignored Olympia, which I do not consider to be a financial and which in any case, I delisted in my mind A LONG TIME AGO.

So it's quite possible that there are folks smile whose portfolio is still in the green even as others wail and gnash their teeth! This is especially more so if one was nimble enough to exit some positions before they started their fall into the slough of despond!


Interesting and pleasantly surprising considering there was a post where people were suggesting that ppl's portfolios should be light on the financials.
http://www.wazua.co.ke/f...spx?g=posts&t=10101

Going through it now...
mwanahisa
#10 Posted : Friday, April 01, 2011 12:49:34 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Maybe, I should have picked me myself some AK. Actually, I didn't for the simple reason that even when I speculate, I like to know that I can hold onto the shares that I am buying, if I was forced to do so. I know Jesse Livermore would never have approved of that, but that's me.

Good Luck to those on the Access bus (if you can call it that)!

mwanahisa wrote:
QW25071985 wrote:
For Sport wrote:
When Total tanks, everything else in my portfolio is usually red.


O.M.G . you hold total...gosh . how ???? i think i am better of holding access kenya coz atleast its moving lol


QW, Access, Moving where to .... doom and damnation. I saw it at 7.10 today. Even I was tempted to pick some at that level, just for the kicks!

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