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What was your worst mistake in trading.
Rank: New-farer Joined: 8/11/2014 Posts: 72 Location: Nairobi
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Othelo wrote:Pedes wrote:Mumias..bought it at @12. This counter itanipa diabetes.But as guys are saying patience  ..patience ..patience Was going through this thread, this has just made my dull day light up.... from 12 to 1 bob and now 2.7 bob thats disaster Bulls make money,bears make money and pigs get slaughtered.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Bado someone made money. Ofcourse I know another lost. But that is the game
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Rank: Member Joined: 7/2/2014 Posts: 123
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ike wrote:mwekez@ji wrote:ike wrote:ike wrote:mlennyma wrote:ike wrote:Selling kplc last week at 16 and kengen at 10.20 and a week later they are looking north.... and worse still putting some of it in uchumi and may be you had waited for a long time  boarded kplc around Jan at 15. had totally forgotten that they release results this season... kengen last year pre books close. fighting the urge not to re-enter kengen Hope I won't have to swallow the humble pie of re-entering kengen at a higher price after offloading at 12.20 today. ION thinking of loading cables and exit 20+ And how do you arrive at the target price of 20+ for cable? .... Just helping you to avoid making another mistake I am no chartist. have a fair value of 18.00 but the way things are happening in this market it should at least touch 20.00 before may ,
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Rank: Member Joined: 7/2/2014 Posts: 123
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ike wrote:mwekez@ji wrote:ike wrote:ike wrote:mlennyma wrote:ike wrote:Selling kplc last week at 16 and kengen at 10.20 and a week later they are looking north.... and worse still putting some of it in uchumi and may be you had waited for a long time boarded kplc around Jan at 15. had totally forgotten that they release results this season... kengen last year pre books close. fighting the urge not to re-enter kengen Hope I won't have to swallow the humble pie of re-entering kengen at a higher price after offloading at 12.20 today. ION thinking of loading cables and exit 20+ And how do you arrive at the target price of 20+ for cable? .... Just helping you to avoid making another mistake I am no chartist. have a fair value of 18.00 but the way things are happening in this market it should at least touch 20.00 before may The journey to 20.00 is going to be asap ,
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Rank: Member Joined: 10/26/2012 Posts: 136
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Holding onto KQ until today :(
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Rank: New-farer Joined: 9/25/2012 Posts: 58 Location: kenia
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Can't wait this bus to go mumias way..........then i board.
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Rank: New-farer Joined: 3/3/2010 Posts: 79
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mazingira wrote:Holding onto KQ until today :( You're not alone...This also counts as my worst mistake but it will turn around. Bought 10,000 @46 before the rights issue. Bought 15,000 @14.00 rights issue price. This thing has been dropping as we all know. For the last two weeks I've added another 22,000 @6.90 avg. I just checked my CFC portfolio valuation and it shows my average is now 10.70(not sure how accurate that is) and my loss so far is -37%. I'll hold on to this until it touches at least 25.00. It has caused enough pain, mpaka nishapoa, so don't mind holding for another year or two. @Obiero, this got to be your worst, ama? Knowledge is contagious...Infect truth!
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Rank: Member Joined: 6/15/2013 Posts: 301
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Afroblk wrote:mazingira wrote:Holding onto KQ until today :( You're not alone...This also counts as my worst mistake but it will turn around. Bought 10,000 @46 before the rights issue. Bought 15,000 @14.00 rights issue price. This thing has been dropping as we all know. For the last two weeks I've added another 22,000 @6.90 avg. I just checked my CFC portfolio valuation and it shows my average is now 10.70(not sure how accurate that is) and my loss so far is -37%. I'll hold on to this until it touches at least 25.00. It has caused enough pain, mpaka nishapoa, so don't mind holding for another year or two. @Obiero, this got to be your worst, ama? Pole sana bro...pia nami i am caught in this storm with no lifesaver in sight...but according to the figures you have given your average comes to 17.46/= and that's not even including broker commission i.e. 821,000/= / 47000 = 17.46. Include broker commissions and your average buy price is over 18/=. correct me if i am wrong..
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Rank: Elder Joined: 6/23/2009 Posts: 14,303 Location: nairobi
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Afroblk wrote:mazingira wrote:Holding onto KQ until today :( You're not alone...This also counts as my worst mistake but it will turn around. Bought 10,000 @46 before the rights issue. Bought 15,000 @14.00 rights issue price. This thing has been dropping as we all know. For the last two weeks I've added another 22,000 @6.90 avg. I just checked my CFC portfolio valuation and it shows my average is now 10.70(not sure how accurate that is) and my loss so far is -37%. I'll hold on to this until it touches at least 25.00. It has caused enough pain, mpaka nishapoa, so don't mind holding for another year or two. @Obiero, this got to be your worst, ama? Pole sana. Ua math appears off. U should be in much deeper loss.. KQ isnt my worst loss, since I first bought post rights and have been steady averaging down to about 8.9 per share COOP, IMH, KEGN, KQ, MTNU
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Rank: Member Joined: 3/26/2012 Posts: 830
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obiero wrote:Afroblk wrote:mazingira wrote:Holding onto KQ until today :( You're not alone...This also counts as my worst mistake but it will turn around. Bought 10,000 @46 before the rights issue. Bought 15,000 @14.00 rights issue price. This thing has been dropping as we all know. For the last two weeks I've added another 22,000 @6.90 avg. I just checked my CFC portfolio valuation and it shows my average is now 10.70(not sure how accurate that is) and my loss so far is -37%. I'll hold on to this until it touches at least 25.00. It has caused enough pain, mpaka nishapoa, so don't mind holding for another year or two. @Obiero, this got to be your worst, ama? Pole sana. Ua math appears off. U should be in much deeper loss.. KQ isnt my worst loss, since I first bought post rights and have been steady averaging down to about 8.9 per share My worst mistake was buying into any stock that is majority owned by the government...namely Mumias at 5.5 and exited at 4.5 after Njung'es comments which opened my eyes. I currently hold Kenya Re and KPLC and will sell them as soon as I break even. In the future, I will avoid the stocks such as Kenya Re, KPLC, Mumias, Uchumi, Kenya Airways and anything else majority owned by Uncle Sam. He is the worst business partner you can ever have. 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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What was your worst mistake in trading.
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