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Sameer Shares! somebody help!
Joanes_Mien_Jnr
#1 Posted : Wednesday, August 03, 2011 1:20:01 PM
Rank: Hello

Joined: 8/3/2011
Posts: 1
Location: Nairobi
Hello guys,
I bought 5900 sameer shares @shs.8.6 then later added some 3000 shares @shs.5.6.
From the goings-on,this "Fire" is consuming me,
How can I minimise or wipe out my loses?
Suggestions pliz,,
Gordon Gekko
#2 Posted : Wednesday, August 03, 2011 1:46:59 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Your question best answered if you divulge the reasons why you bought Sameer in the first place.
VituVingiSana
#3 Posted : Wednesday, August 03, 2011 1:54:07 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Only way to wipe off any more losses is by selling them off! Pole sana... lakini a crap stock with a crap owner like eveready
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wa_ithaka
#4 Posted : Wednesday, August 03, 2011 3:01:25 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Joanes_Mien_Jnr wrote:
Hello guys,
I bought 5900 sameer shares @shs.8.6 then later added some 3000 shares @shs.5.6.
From the goings-on,this "Fire" is consuming me,
How can I minimise or wipe out my loses?
Suggestions pliz,,

The time to have come here is before you invested. Take the losses like a man wasa machozi
The Governor of Nyeri - 2017
KNM
#5 Posted : Wednesday, August 03, 2011 3:10:28 PM
Rank: Member

Joined: 10/28/2008
Posts: 41
Msiba wa kujitakia....
The crowd will cheer your coronation as well as your beheading. People like a show, that's all.
Kaka M
#6 Posted : Wednesday, August 03, 2011 3:36:48 PM
Rank: Member

Joined: 4/18/2011
Posts: 459
I think you can quit while there is still some money to be made. Infact looking at the economy and other factors eg next years election, I think there is no doubt that we are yet to see the worst at NSE. If I was in your position I would consider various factors like why you went for this share at first etc. If I choose to sell I would do the math of how many cellphones I have lost etc and I would classify my loss in NSE together with lost phones etc.
mkonomtupu
#7 Posted : Wednesday, August 03, 2011 3:46:47 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Take your losses and invest them somewhere else the sun has set on sameer if you like the same owner try sasini it might help you mitigate the loss
jerry
#8 Posted : Wednesday, August 03, 2011 3:47:43 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Why is Marshals showing a loss of 8.8% and price is stuck at 11.40?
The opposite of courage is not cowardice, it's conformity.
vestor
#9 Posted : Wednesday, August 03, 2011 3:52:42 PM
Rank: Member

Joined: 11/9/2010
Posts: 132
Kaka M wrote:
I think you can quit while there is still some money to be made. Infact looking at the economy and other factors eg next years election, I think there is no doubt that we are yet to see the worst at NSE. If I was in your position I would consider various factors like why you went for this share at first etc. If I choose to sell I would do the math of how many cellphones I have lost etc and I would classify my loss in NSE together with lost phones etc.
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly , talk of perspective

Cde Monomotapa
#10 Posted : Wednesday, August 03, 2011 7:58:20 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Only a recession abroad will save this company as it will make inputs cheaper in the global market. So U can either wait for the recession abroad to set in proper (won't be too long) or just sell the darn thing already!!
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