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kenya RE full yr profits
VituVingiSana
#11 Posted : Friday, April 16, 2010 11:12:41 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@scubidu - Warren Buffet says... if it sounds too complicated... be very wary... I think WB is a far better/smarter investor than anyone at D&B
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sheep
#12 Posted : Friday, April 16, 2010 1:25:47 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
VituVingiSana wrote:
@scubidu - Warren Buffet says... if it sounds too complicated... be very wary... I think WB is a far better/smarter investor than anyone at D&B


True,a lot of the technical mumbo jumbo will waste u big time....just go with the simple stuff..and don't listen to your broker,they suck!!!
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
Scubidu
#13 Posted : Friday, April 16, 2010 1:38:43 PM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
okay. but what happens when the fundamentals say one thing...like Kenya Re should be trading higher...but the price aint rising. In that case tech may be the only thing u can rely on...
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
guru267
#14 Posted : Friday, April 16, 2010 2:07:21 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@scubidu fundamentals always prevail in the end... so if you sense market inefficiency in kenya re you should be bold and buy more...

technical analysis only gives you indications of entry and exit points for stocks currency and the like hence its only beneficial to traders...

so if you are invested for more than six months on anything technical analysis becomes very irrelevant...
Mark 12:29
Deuteronomy 4:16
Chaka
#15 Posted : Friday, April 16, 2010 2:22:38 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
How comes this counter has today all of a sudden traded 1,023,100 shares?
guru267
#16 Posted : Friday, April 16, 2010 2:46:02 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@chaka results are supposed to be out on tuesday so people are obviously taking positions in the stock... it has traded more than 700k shares per day the whole week..,..
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#17 Posted : Friday, April 16, 2010 5:23:25 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Not too long ago... some folks called Warren Buffet a burnt-out jamaa... Then when the DOW/NASDAQ/S&P crashed... his picks came out as solid...

As @guru says... ultimately, the fundamentals win out... I have hardly made money in trading so I prefer the long-hauls... I am not always right but I am looking for undervalued stuff...

I am a huge WB fan & stick to a few counters rather than all over the board. My serious holdings are less than 10... The top 5 of these are over 75% of the total...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Kesh!
#18 Posted : Saturday, April 17, 2010 12:01:05 AM
Rank: Member

Joined: 10/16/2008
Posts: 47
The way am seein things, takin a quick look at this thread, there are quite a number of optimistic guys on kenya-re. Assuming this optimism is replicated in many other forums, I c patience may be needed for long timers. coz if this results are as good as anticipated and the way guys have taken positions (hata mimi i hv my small chunk)! the expectations on this stock may be its undoing in the short run esp speculators. We could have the impatient broken hearted especially if the expectation are half as much as za safcom where crazy people (i almost included) all expected it to jump to 50 bob week 1. I expect volatility from massive selling when substantial gains are made especially from 16 bob..itakuwa kalongolongo.. but the 'real' gainers will be those who exit after dust has settled o those who dispose in small chunks as they survey situation. But thats just one of th many likely scenarios (hopefuli am wrong n by next friday we r on 20bob a share na watu waanze kuponyoka na pickups!). Having said tht,if possible wakipatiana dividend ya 50cents to 80 cents n bonus share,that wont b bad.lakini tym will tell. What's ur take on my 2 cents..any1?

Ps: N forgive my word typin..am doin it frm a phone.
sheep
#19 Posted : Saturday, April 17, 2010 10:50:08 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
This is a stock for my speculation account...I wont touch unless it breaks the pivotal point of kes 20
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
cnn
#20 Posted : Saturday, April 17, 2010 11:23:02 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
The boardroom noise i believe has held it back this week.
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