Wazua
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Madness at the NSE
Rank: Chief Joined: 1/3/2007 Posts: 18,423 Location: Nairobi
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$114 to $400,000 by Warren Buffett https://www.yahoo.com/am..._twitter_impression=trueGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,442 Location: nairobi
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@vvs could this hold true for Kenya really.. A good number of yesteryears heavy weight companies are no longer even operating and those in existence have been rattled by competition, think of Elliotts, KCC, Uchumi, Kimbo, Quencher, Barclays, Stanchart, Unga, KQ.. COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:@vvs could this hold true for Kenya really.. A good number of yesteryears heavy weight companies are no longer even operating and those in existence have been rattled by competition, think of Elliotts, KCC, Uchumi, Kimbo, QuencherTreetop, Barclays, Stanchart, Unga, KQ.. Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 1/20/2011 Posts: 1,822 Location: Nakuru
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Pesa Nane wrote:obiero wrote:@vvs could this hold true for Kenya really.. A good number of yesteryears heavy weight companies are no longer even operating and those in existence have been rattled by competition, think of Elliotts, KCC, Uchumi, KimboUnilever, QuencherTreetop, Barclays, Stanchart, Unga, KQ.. Unilever used to be listed on NSE back in the day. Why the NSE honchos are unable to attract such quality firms(the real FMCGs...hizi ziko NSE sahii ni bandia) beats me Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse. Life is short. Live passionately.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,658
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sparkly wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse.  Exactly chase yields not the prestige of owning dead assets. If a stock is yielding you 1-5% yield you are better investing in a govt bond of 12% or a rental property of 9% yield. That capital gain of waiting 5 years to be rewarded immensely is just the same.
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Rank: Elder Joined: 12/4/2009 Posts: 10,834 Location: NAIROBI
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sparkly wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse. @vvs will hear none of that. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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sparkly wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse. Imagine if you bought the following NSE 'Blue Chips' and went away: 1. A Baumann 2. African Lakes Corporation. 3. African Tours and Hotels Ltd 4. Atlas Africa. 5. Brooke bond Kenya Ltd. 6. Chancery Investment Ltd. 7. City Brewery Investments Ltd 8. Consolidated Holdings Ltd. 9. E. A. Bag & Cordage Co.Ltd. 10. E. A. Oxygen Ltd. 11. E. A. Packaging Industries Ltd. 12. E. A. Road Services Ltd. 13. East African Packaging Ltd 14. Elliot’s Bakery Ltd. 15. Hutching Biemer 16. Kenstock Ltd. 17. Kenya Co-operative Cremaries. 18. Kenya Finance Corporation. 19. Kenya Hotels Ltd. 20. Kenya National Mills Ltd. 21. Kenya Planters Co-operative. 22. Motor Mart Group Ltd. 23. Ol Pajeta Ranching Ltd. 24. Pearl Dry cleaners Ltd. 25. Philips Harrison & Crossifield. 26. Sofar Investment Ltd. 27. Theta Group Ltd. 28. TimSales 29. Unilever Kenya Ltd Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 14,442 Location: nairobi
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Fyatu wrote:Pesa Nane wrote:obiero wrote:@vvs could this hold true for Kenya really.. A good number of yesteryears heavy weight companies are no longer even operating and those in existence have been rattled by competition, think of Elliotts, KCC, Uchumi, KimboUnilever, QuencherTreetop, Barclays, Stanchart, Unga, KQ.. Unilever used to be listed on NSE back in the day. Why the NSE honchos are unable to attract such quality firms(the real FMCGs...hizi ziko NSE sahii ni bandia) beats me Akina FTG. Not sure what Kurwitu does for a living. These are the securities they have left us with at the NSE and more delisting requests still coming in.. Jesus take the wheel COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Chief Joined: 1/3/2007 Posts: 18,423 Location: Nairobi
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obiero wrote:@vvs could this hold true for Kenya really.. A good number of yesteryears heavy weight companies are no longer even operating and those in existence have been rattled by competition, think of Elliotts, KCC, Uchumi, Kimbo, Quencher, Barclays, Stanchart, Unga, KQ.. Schumpter. Elliots was never listed. Neither was KCC. Kimbo, Quencher are brands. One can't win every game. One has to look in on their firms re: management quality, industry, etc. The goal is to pick some wonderful firms. And monitor them. Barclays & Stanchart has done very well for the original IPO shareholders but BBK sadly lost the plot to the likes of Equity. KQ - You know what happened. Unga - It lost the plot in the 2000s and competition has increased though Unga is doing better now. We do not know what will happen in the next 1 month let alone 70 years. That's why choose firms which have good fundamentals and management. Then keep looking in! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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