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Q4 2018: Stock Market Open Season: All hands on deck
Rank: Member Joined: 3/26/2012 Posts: 830
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As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:- -KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well. -Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer. Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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S.Mutaga III wrote:As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Did you sell off your other holdings like Total. Life is short. Live passionately.
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Rank: Member Joined: 3/26/2012 Posts: 830
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sparkly wrote:S.Mutaga III wrote:As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Did you sell off your other holdings like Total. Sold at 32.25 here: http://wazua.co.ke/forum.aspx?g=posts&m=828017A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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S.Mutaga III wrote:As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Add a few more counters to this list, I find it too narrow For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Member Joined: 3/26/2012 Posts: 830
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winmak wrote:S.Mutaga III wrote:As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Add a few more counters to this list, I find it too narrow This is just a reconnaissance exercise. It is not a means to an end. I am sure that as prices tumble, more counters will come into focus. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: New-farer Joined: 9/20/2010 Posts: 80
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karibu sana @s.mutaga III,all the best in your picks.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Kalameni wrote:karibu sana @s.mutaga III,all the best in your picks. There's a resurrection of the old wazuans.. Waiting for @stocksmaster @guru267 @muganda @minto
KQ ABP 4.26
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Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
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S.Mutaga III wrote:sparkly wrote:[quote=S.Mutaga III]As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Did you sell off your other holdings like Total. Sold at 32.25 here: http://wazua.co.ke/forum...px?g=posts&m=828017[/quote] seems you are the real deal on this market. some of us who held on are looking at 20% paper losses already and still going But worse is no money to buy at lower prices
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Rank: New-farer Joined: 9/20/2010 Posts: 80
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@obiero seems smutiga III is picking up well from stocks master.May wazua have more traders/investors.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Kalameni wrote:@obiero seems smutiga III is picking up well from stocks master.May wazua have more traders/investors. Yes. The guy tries and I love his open style of indicating purchase price and time frames
KQ ABP 4.26
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