wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

13 Pages«<910111213>
Scan Group
shauriyako
#101 Posted : Tuesday, October 12, 2010 7:37:21 PM
Rank: New-farer

Joined: 6/17/2010
Posts: 71
Location: Kenya
Gatheuzi wrote:
To all the Jamas that bought above 60, I want you to line up, lift your hands up, and face the wall, someone hand me over the whip, I have several arses to whip, who cares to help?

Applause Shame on you Shame on you Boss Nilikataa Sichapwi. Got out at 64/= just before the mad rush that pushed it to almost 80/=. And I thought I was smart - I only needed to wait for 2 days and I would have made an extra 12 bob a piece. Achi!! Achi!!Brick wall Brick wall
When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
Jamani
#102 Posted : Tuesday, October 12, 2010 8:17:07 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Wendz wrote:
[quote=mwanahisa]The "Pied Paper". Now wasn't that some story? Interestingly, today foreigners were still buying - almost 90% of purchases and have left orders at a price of 65.50.

As you can see they are not chasing the stock anymore. They are letting the sellers come to them. Now, if only I knew why the heck they are buying at these levels which still look absurd to me!


I think these are the guys that leave many holding weeping monkeys..... they hype the ka-share then dump like it's stinging..... and viola.... the wendzs, jamanis and wanahisas are left holding the damn thing for years.....

Elder Wendz, read my post well i dont hold these monkeys, i said i was asked to buy i did not buy i invested elsewhere......
mwanahisa
#103 Posted : Tuesday, October 12, 2010 8:32:38 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Jamani. Wendz was just using a figure of speech. She was not impying that we bought into the hype. So don't worry. No one will be whipping us - as yet!
Gatheuzi
#104 Posted : Tuesday, October 12, 2010 8:35:30 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
@ shauriyako, You made good money. Don't worry to what happened thereafter.

On a serious note I was trying to figure out what can justify the 74 price and these are the possibilities I came up with:

1) Scangroup merges with or acquires a company with earnings 2.5 times its size.
2) The said transaction is executed in cash, thereby implying no dillution to existing shares.
3) The second possibility is if earnings of scan grow by 2.5 times

None of the possibilities sound realistic to me.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Jamani
#105 Posted : Tuesday, October 12, 2010 9:19:12 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
mwanahisa wrote:
Jamani. Wendz was just using a figure of speech. She was not impying that we bought into the hype. So don't worry. No one will be whipping us - as yet!


thanks for the clarification
youcan'tstopusnow
#106 Posted : Tuesday, October 12, 2010 11:40:56 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Jamani, aki TOBOA broker yako ni nani so that we avoid them like the plague! Labda it's the same broker who told a fellow wazuan to buy certain shares because ''hizi ndio zinashika sa hii!''
GOD BLESS YOUR LIFE
Jamani
#107 Posted : Wednesday, October 13, 2010 9:49:40 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
youcan'tstopusnow wrote:
Jamani, aki TOBOA broker yako ni nani so that we avoid them like the plague! Labda it's the same broker who told a fellow wazuan to buy certain shares because ''hizi ndio zinashika sa hii!''


For now i wont publicly broadcast him, i hope you understand.
Wendz
#108 Posted : Wednesday, October 13, 2010 9:59:19 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Jamani wrote:
mwanahisa wrote:
Jamani. Wendz was just using a figure of speech. She was not impying that we bought into the hype. So don't worry. No one will be whipping us - as yet!


thanks for the clarification


@Jamani....

Mwanahisa is right....and Mh, thanks for the clarification on my behalf.
2012
#109 Posted : Wednesday, October 13, 2010 10:23:55 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Wendz wrote:
I have learnt, the hard way, to keep away from greed(hyped shares)....... Got myself roasted.... and now i know better...


I think this broker phase is a must for everyone trying to make a buck in stocks. Looking back now I can afford to laugh at myself too when I remember being convinced to buy Mumias @55/- before split. It was an invaluable lesson and I'd not have otherwise made as much money in the NSE.

BBI will solve it
:)
Jamani
#110 Posted : Wednesday, October 13, 2010 11:45:03 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
2012 wrote:
Wendz wrote:
I have learnt, the hard way, to keep away from greed(hyped shares)....... Got myself roasted.... and now i know better...


I think this broker phase is a must for everyone trying to make a buck in stocks. Looking back now I can afford to laugh at myself too when I remember being convinced to buy Mumias @55/- before split. It was an invaluable lesson and I'd not have otherwise made as much money in the NSE.


Talking of brokers, has reliable been branded to old mutual any impact?
13 Pages«<910111213>
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.