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No Elliot Wave here. Noisemaker makes NSE millions
Angelica _ann
#31 Posted : Thursday, February 08, 2018 5:30:43 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
wukan wrote:
The same old Safcom tale. Safcom is an old trade been there done that-capital redeployed into better productive trades(cryptos). For every stellar performer there are like 5 monkeys bleeding out a long term portfolio. The annualized 10 yr growth for portfolios at the NSE is a poor 3-7%

The safcom dividend yield of 3-4% is not exactly something to write home about. Cytonn booked a nice trade with KCB at 24 that's 16% yield and +80% capital gains.


3-4% really, Ok. Mine is 12.76% net of w/tax - my best share returns on 'volumes' without headache and heartache and i dont have to look at my back every minute. Anyway kila mtu na monkey chake.

my age doesn't allow those crazy crypro swings
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Swenani
#32 Posted : Thursday, February 08, 2018 7:02:07 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
wukan wrote:
The same old Safcom tale. Safcom is an old trade been there done that-capital redeployed into better productive trades(cryptos). For every stellar performer there are like 5 monkeys bleeding out a long term portfolio. The annualized 10 yr growth for portfolios at the NSE is a poor 3-7%

The safcom dividend yield of 3-4% is not exactly something to write home about. Cytonn booked a nice trade with KCB at 24 that's 16% yield and +80% capital gains.


Hapa ndio watu wa pundamentals mnapotea heri hawa waganga wa market mad men pyschology akina @karasinga na @Mnandi, Mimi with my 2k shares my average buying price is 5.5 bob, why do you want me to use the current safcom price to calculate my dividend yield? When building a house for rental do you use the initial construction/acquisition cost or the current market price to calculate rental yield?

Infact sisi watu wa river road school of economics we prefer when safaricom yield is lower(suing the current market price) since it translates to more capital gains since total return is more important that dividend yield.

Hata heri hawa waganga wa pyschology wakina Karasinga

If Obiero did it, Who Am I?
wukan
#33 Posted : Thursday, February 08, 2018 8:37:55 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
Swenani wrote:
wukan wrote:
The same old Safcom tale. Safcom is an old trade been there done that-capital redeployed into better productive trades(cryptos). For every stellar performer there are like 5 monkeys bleeding out a long term portfolio. The annualized 10 yr growth for portfolios at the NSE is a poor 3-7%

The safcom dividend yield of 3-4% is not exactly something to write home about. Cytonn booked a nice trade with KCB at 24 that's 16% yield and +80% capital gains.


Hapa ndio watu wa pundamentals mnapotea heri hawa waganga wa market mad men pyschology akina @karasinga na @Mnandi, Mimi with my 2k shares my average buying price is 5.5 bob, why do you want me to use the current safcom price to calculate my dividend yield? When building a house for rental do you use the initial construction/acquisition cost or the current market price to calculate rental yield?

Infact sisi watu wa river road school of economics we prefer when safaricom yield is lower(suing the current market price) since it translates to more capital gains since total return is more important that dividend yield.

Hata heri hawa waganga wa pyschology wakina Karasinga



You actually believe that Kshs 10,000 of 1970 is the same as kshs 10,000 of the year 2018Pray Pray Pray So what is the yield of my grandpa's kenya breweries shares bought in the 70ssmile smile

You remind me of the river road kanjuras who took control of the nairobi city council in 1980. They decided there is no need to carry out regular valuation of city plots. To this day I still pay land rates based on the 1982 valuation roll. So isorite...tuendelee na style hiyo hiyo tujienjoy


Swenani
#34 Posted : Thursday, February 08, 2018 8:58:22 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
wukan wrote:
Swenani wrote:
wukan wrote:
The same old Safcom tale. Safcom is an old trade been there done that-capital redeployed into better productive trades(cryptos). For every stellar performer there are like 5 monkeys bleeding out a long term portfolio. The annualized 10 yr growth for portfolios at the NSE is a poor 3-7%

The safcom dividend yield of 3-4% is not exactly something to write home about. Cytonn booked a nice trade with KCB at 24 that's 16% yield and +80% capital gains.


Hapa ndio watu wa pundamentals mnapotea heri hawa waganga wa market mad men pyschology akina @karasinga na @Mnandi, Mimi with my 2k shares my average buying price is 5.5 bob, why do you want me to use the current safcom price to calculate my dividend yield? When building a house for rental do you use the initial construction/acquisition cost or the current market price to calculate rental yield?

Infact sisi watu wa river road school of economics we prefer when safaricom yield is lower(suing the current market price) since it translates to more capital gains since total return is more important that dividend yield.

Hata heri hawa waganga wa pyschology wakina Karasinga



You actually believe that Kshs 10,000 of 1970 is the same as kshs 10,000 of the year 2018Pray Pray Pray So what is the yield of my grandpa's kenya breweries shares bought in the 70ssmile smile

You remind me of the river road kanjuras who took control of the nairobi city council in 1980. They decided there is no need to carry out regular valuation of city plots. To this day I still pay land rates based on the 1982 valuation roll. So isorite...tuendelee na style hiyo hiyo tujienjoy




Compare the total return for safaricom(dividens+capital gains) against inflation, wacha siasa
If Obiero did it, Who Am I?
Mukiri
#35 Posted : Friday, February 09, 2018 1:41:17 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
wukan wrote:
Swenani wrote:
wukan wrote:
The same old Safcom tale. Safcom is an old trade been there done that-capital redeployed into better productive trades(cryptos). For every stellar performer there are like 5 monkeys bleeding out a long term portfolio. The annualized 10 yr growth for portfolios at the NSE is a poor 3-7%

The safcom dividend yield of 3-4% is not exactly something to write home about. Cytonn booked a nice trade with KCB at 24 that's 16% yield and +80% capital gains.


Hapa ndio watu wa pundamentals mnapotea heri hawa waganga wa market mad men pyschology akina @karasinga na @Mnandi, Mimi with my 2k shares my average buying price is 5.5 bob, why do you want me to use the current safcom price to calculate my dividend yield? When building a house for rental do you use the initial construction/acquisition cost or the current market price to calculate rental yield?

Infact sisi watu wa river road school of economics we prefer when safaricom yield is lower(suing the current market price) since it translates to more capital gains since total return is more important that dividend yield.

Hata heri hawa waganga wa pyschology wakina Karasinga



You actually believe that Kshs 10,000 of 1970 is the same as kshs 10,000 of the year 2018Pray Pray Pray So what is the yield of my grandpa's kenya breweries shares bought in the 70ssmile smile

You remind me of the river road kanjuras who took control of the nairobi city council in 1980. They decided there is no need to carry out regular valuation of city plots. To this day I still pay land rates based on the 1982 valuation roll. So isorite...tuendelee na style hiyo hiyo tujienjoy



Laughing out loudly Laughing out loudly Laughing out loudly Kulala hapana mbaya after kushiba. There's a 'Do not disturb' sign.

Proverbs 19:21
MugundaMan
#36 Posted : Saturday, February 10, 2018 4:41:56 AM
Rank: Elder

Joined: 1/8/2018
Posts: 2,212
Location: DC (Dustbowl County)
VituVingiSana wrote:
Mugundaman: "Charlie Munger for example was not the sharpest tool in the shed but he latched on to Buffett's tail and waited 30 years and the rest is history."

#KuweniSerious ... Charlie is brilliant! Buffett says so himself! Have you listened to Charlie speak? Charlie joined up with Buffett but he was already very wealthy at the time.


VVS,
lol, give me a break, brother. I hope you are not confusing book smarts or "what Buffett/the media said" about Charlie for real smarts that deliver tangible results. Long stories on podiums don't count. If he was so smart, how come he isn't mentioned in the league of your hero WB? What he had before WB was chump change in the big scheme of things and you know it. His biggest achievement to date has been WB granting him space under his wing.
MugundaMan
#37 Posted : Saturday, February 10, 2018 5:02:21 AM
Rank: Elder

Joined: 1/8/2018
Posts: 2,212
Location: DC (Dustbowl County)
wukan wrote:


@swenani i see you are on a payroll, so trading is not your main hustle. If trading is day job you can't do that monkey dart throwing. Elliot wave crew is about preserving capital by minimizing risk and extending gains. Elliot crew is like the farmer who grows spinach, tomatoes anything to sell seasonally. 50K in in 10 yearsd'oh! d'oh! . 50k is the monthly target for trading


Laughing out loudly

This is typical hilarious TA speak. Living in a fantasy la-la land, in stubborn denial of their own stark reality. I used to speak like this when I was young and dumb and believed that all the training from my finance degrees and the loads of worthless TA books that I would spend days in a trance reading were gospel. WAPI? SHOW US THE TRADES OVER A ONE YEAR PERIOD. I dare you to post them hapa for us to evaluate the "killings" you are making from Elliot Waving your way to riches around the NSE.

There is a reason why the Buffett's of this world are on Forbes yet no single known Elliot Waver features even in Taifa Leo, Pulse or the back page business section of People Daily. And why the Cytonn name I hear being dropped hapa with aplomb makes most of their "profits" from unrealized gains on property than from Elliot Waving on the NSE. In fact if Cytonn's migundas were not appreciating in value they too would be a sea of red given their hefty overhead expenses. Their genius is to dupe everyone at how well they are doing by launching grandiose off plan projects, getting big names to finance them, then selling dreams to the public through a blitz of ads everywhere.

Over the medium to long term, the trail behind every single TA adherent is invariably a sea of red. But as I said, the TA adherents are always in denial about their voodoo science not working over the medium to long term. They always highlight their wins but NEVER their losses. Within 5 years at most of TA trading the average full time TA adherent quietly disappears into other professions, with all the bluster of a pipsqueak, after getting killed in the market. The smart ones among them get religion and become long-termers or look for something else to do.
Spikes
#38 Posted : Saturday, February 10, 2018 9:17:11 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
MugundaMan wrote:
wukan wrote:


@swenani i see you are on a payroll, so trading is not your main hustle. If trading is day job you can't do that monkey dart throwing. Elliot wave crew is about preserving capital by minimizing risk and extending gains. Elliot crew is like the farmer who grows spinach, tomatoes anything to sell seasonally. 50K in in 10 yearsd'oh! d'oh! . 50k is the monthly target for trading


Laughing out loudly

This is typical hilarious TA speak. Living in a fantasy la-la land, in stubborn denial of their own stark reality. I used to speak like this when I was young and dumb and believed that all the training from my finance degrees and the loads of worthless TA books that I would spend days in a trance reading were gospel. WAPI? SHOW US THE TRADES OVER A ONE YEAR PERIOD. I dare you to post them hapa for us to evaluate the "killings" you are making from Elliot Waving your way to riches around the NSE.

There is a reason why the Buffett's of this world are on Forbes yet no single known Elliot Waver features even in Taifa Leo, Pulse or the back page business section of People Daily. And why the Cytonn name I hear being dropped hapa with aplomb makes most of their "profits" from unrealized gains on property than from Elliot Waving on the NSE. In fact if Cytonn's migundas were not appreciating in value they too would be a sea of red given their hefty overhead expenses. Their genius is to dupe everyone at how well they are doing by launching grandiose off plan projects, getting big names to finance them, then selling dreams to the public through a blitz of ads everywhere.

Over the medium to long term, the trail behind every single TA adherent is invariably a sea of red. But as I said, the TA adherents are always in denial about their voodoo science not working over the medium to long term. They always highlight their wins but NEVER their losses. Within 5 years at most of TA trading the average full time TA adherent quietly disappears into other professions, with all the bluster of a pipsqueak, after getting killed in the market. The smart ones among them get religion and become long-termers or look for something else to do.

John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Spikes
#39 Posted : Saturday, February 10, 2018 9:21:07 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
MugundaMan wrote:
wukan wrote:


@swenani i see you are on a payroll, so trading is not your main hustle. If trading is day job you can't do that monkey dart throwing. Elliot wave crew is about preserving capital by minimizing risk and extending gains. Elliot crew is like the farmer who grows spinach, tomatoes anything to sell seasonally. 50K in in 10 yearsd'oh! d'oh! . 50k is the monthly target for trading


Laughing out loudly

This is typical hilarious TA speak. Living in a fantasy la-la land, in stubborn denial of their own stark reality. I used to speak like this when I was young and dumb and believed that all the training from my finance degrees and the loads of worthless TA books that I would spend days in a trance reading were gospel. WAPI? SHOW US THE TRADES OVER A ONE YEAR PERIOD. I dare you to post them hapa for us to evaluate the "killings" you are making from Elliot Waving your way to riches around the NSE.

There is a reason why the Buffett's of this world are on Forbes yet no single known Elliot Waver features even in Taifa Leo, Pulse or the back page business section of People Daily. And why the Cytonn name I hear being dropped hapa with aplomb makes most of their "profits" from unrealized gains on property than from Elliot Waving on the NSE. In fact if Cytonn's migundas were not appreciating in value they too would be a sea of red given their hefty overhead expenses. Their genius is to dupe everyone at how well they are doing by launching grandiose off plan projects, getting big names to finance them, then selling dreams to the public through a blitz of ads everywhere.

Over the medium to long term, the trail behind every single TA adherent is invariably a sea of red. But as I said, the TA adherents are always in denial about their voodoo science not working over the medium to long term. They always highlight their wins but NEVER their losses. Within 5 years at most of TA trading the average full time TA adherent quietly disappears into other professions, with all the bluster of a pipsqueak, after getting killed in the market. The smart ones among them get religion and become long-termers or look for something else to do.


@ MugandaMan you are killing me ooo!Laughing out loudly Laughing out loudly Laughing out loudly Since I joined Wazua I've never followed a thread so fascinating like this one. It brings real discussions on a round table. Forget about the noise most Wazuans love making. Real knowledge and ideas are here. Thought provoking propositions that would change one's destiny for better or worse . It depends on TA adherent's aptitude to master the art of market psychology enshrined in accurate timing of low entry when the security in question bottoms out. Some individuals are talented on that skill of buy low sell high ---clear and timely use of information in the public. . .The most challenging part of TA is application. More than 98% of people you hear shout here don't know how to implement TA tools.
Since I want to make a quick killing and get rich in the shortest time possible via nse,hats off to TA proponents. I want to be among the chosen few, less than 2% who apply TA knowledge properly.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Swenani
#40 Posted : Saturday, February 10, 2018 10:07:20 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Mukiri wrote:
wukan wrote:
Swenani wrote:
wukan wrote:
The same old Safcom tale. Safcom is an old trade been there done that-capital redeployed into better productive trades(cryptos). For every stellar performer there are like 5 monkeys bleeding out a long term portfolio. The annualized 10 yr growth for portfolios at the NSE is a poor 3-7%

The safcom dividend yield of 3-4% is not exactly something to write home about. Cytonn booked a nice trade with KCB at 24 that's 16% yield and +80% capital gains.


Hapa ndio watu wa pundamentals mnapotea heri hawa waganga wa market mad men pyschology akina @karasinga na @Mnandi, Mimi with my 2k shares my average buying price is 5.5 bob, why do you want me to use the current safcom price to calculate my dividend yield? When building a house for rental do you use the initial construction/acquisition cost or the current market price to calculate rental yield?

Infact sisi watu wa river road school of economics we prefer when safaricom yield is lower(suing the current market price) since it translates to more capital gains since total return is more important that dividend yield.

Hata heri hawa waganga wa pyschology wakina Karasinga



You actually believe that Kshs 10,000 of 1970 is the same as kshs 10,000 of the year 2018Pray Pray Pray So what is the yield of my grandpa's kenya breweries shares bought in the 70ssmile smile

You remind me of the river road kanjuras who took control of the nairobi city council in 1980. They decided there is no need to carry out regular valuation of city plots. To this day I still pay land rates based on the 1982 valuation roll. So isorite...tuendelee na style hiyo hiyo tujienjoy



Laughing out loudly Laughing out loudly Laughing out loudly Kulala hapana mbaya after kushiba. There's a 'Do not disturb' sign.


Timing is subjective and relative.While you might brag about making 50K in a month, someone else would wonder why you've to wait for a month to make 50K yet s/he can make that in a day.

But none of you so far has answered my questiobn as to how much you usually invest to make 50K in a month? Ama hii ni hot air mnajigamba nayo?

I want to annualize your returns and compare it over the 10 yr period
If Obiero did it, Who Am I?
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