@mlennyma Cancelling orders will not help. Immediately as an order is cancelled others pop up desperately looking for exit. Sell off stampede is in control till Friday.

Are there pigs flying in the sky?
Coz I agree with @Obiero on this!

Being a Warren Buffett fan, I have diversified but in a few sectors:
Banks (I&M + Equity) are roughly 20% (& rapidly decreasing) of my portfolio. KenRe [Insurance]
Unga (& FTGH) [Manufacturing]
KK [Service/FMCG/Fuel]
A motley assortment of others [Williamson, Kapchorua, Deacons, Olympia, TPSEA, etc - orphans, speculation, laziness to sell, leftovers - This is the impetus needed to sell these off]
---are roughly 20% each.

@vvs what do you say

My Misses:

I missed out on Safaricom coz I was pissed off at their prices & thought (sensible) Kenyans would switch to Airtel.

I supported KQ [as a customer and shareholder] until I realized I could fly to Kigali & Entebbe at a fraction on RwandAir. I should have bailed out at 55 but waited until 13-14. Selling out of KQ was one of my best decisions! I agonized about it then sat down and went through the IM in excruciating detail. I consulted an analyst friend who was skeptical about it for a long time. Then I went through Wazua [was it @Horton or another Wazuan who provided data & laid out a table showing deteriorating performance] posts on KQ.

Finally, I made the decision, called my broker and said dump them. Am I glad or am I glad. [Moved the money into KenRe]

I missed out on cheap ARM but bought Bamburi. It turned out that despite all of ARM's problems, it did better than Bamburi for shareholders.

Crown Berger. Went in cheap. Came out at a small profit. I thought the likes of Dura Coat [among others] would do them in. Turns out, Crown was resilient.

Centum. I went in when it was all doom and gloom after an Investor Presentation and AGM around 18. Then it rocketed 40% and I sold off. Then it rocketed to 60.

Britam. I went to a presentation that blew my socks off. Went in at 9/- but then it rapidly hit 13 and I bailed. And then it kept on climbing to 40.

I missed out on Equity during the early days. I was not used to the concept of "wananchi" banking. I was turned off the long lines, etc. I pretended I was elitist. What drivel. If only I had visited more Equity branches and seen the crowds. Like some folks who get free biz class upgrades think they know how the cattle class feels about KQ.

So folks, do not worry about making mistakes. We can miss the boat on good stuff or not sell at the top. Do your research.

And before you invest, look at the Corporate Governance. No matter what. I do not care how attractive a firm looks if the management/board looks shady. Feel free to change your mind.

I trust Unga's CEO (& board), KenRe's current mgmt, KK's Ohana, I&M's mgmt (& board)... As I do Williamson/Kapchorua, Aga Khan firms, FTGH, even Deacons (tough sector though), etc. All are subject to change.

I like "cheap" [valuation] shares. I like firms with brands eg Unga & TPSEA. I like potential (slow and steady) growth.

I am wary of firms whose sales grow 100% annually, wary of flashy CEOs always in the news, wary of CEOs on multiple boards [look at Naikuni], wary of GoK firms [KenRe is my exception] and so-called "inside information", etc.

I may miss out on some gems but I am unapologetic. I am Warren Buffett-ian. Since I started (trying/in progress) following his principles, I found myself much better off. Always remain open to new ideas [I try to follow -unsuccessfully - what @karasingha posts]. As WB says, swing for the bases, not the home runs, if you want to win more games.

till financials get a reprieve, investing in NSE is going to be tricky forward. bears have been re_energised and bulls muted by the caps