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Equity train run out of coal? Nay Q1 results up seriously
Rank: Elder Joined: 7/22/2009 Posts: 7,570
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Kesh! wrote:..equity has been under so much suspicion. As some stand aside and look wengine wana get mbele. Just missed it anyone think i can get a chance to enter at 19 bob?will it come back? I doubt. Sub 20 might be a tall order. But then again this is the NSE. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 10/11/2009 Posts: 25
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MuMember Bank is serious.Guys are already lining up in banking halls to sign up for the M-KESHO and advertising of the same has not started.LoL! Knowledge Is Power But Action Get Things Done
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Let the mu-members line up at the banking halls as I line up waiting for the cap gains!!!! Don't you just love capitalism?
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@GG where do u bank??? probably BBK,CFC...or STRD CHAT...local is lekker(local is nice)...
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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@the deal, none of the above. Mimi member wa I&M, savings account, maintain minimum balance at 10k, no ledger fees. It also comes with a cheque book. Also have a KCB savings account, for nostalgic reasons
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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What effect will this M-KESHO have on the bottomline? Who knows,where are the numbers? 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.
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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My take is M-kesho will be a source of commission income for Equity i.e. several pennies per Ksh1 transacted through its hallowed branch halls. The Governor of Nyeri - 2017
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Rank: Veteran Joined: 9/4/2009 Posts: 700 Location: Nairobi
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@Wa_ithaka. I agree. It sounds like commissions period & funny how the idea is that they should profit from their own innovation, but shouldn't there be a limit (it's not bordering on exploitation, nah...). It's a good service and good money to be made. I think if this goes on Equity could cover all its operating expenses from non funded income alone, wouldn't that be the charm when you're lending to poor folk at 17% plus. “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
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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@Scubidu, that is why one of my burning ambitions is to own/open a bank. Its the easiest way known to man of minting money and it doesn't help I am a gikuyu. As long as you don't engage in tomfoolery The Governor of Nyeri - 2017
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Rank: Elder Joined: 7/22/2009 Posts: 7,570
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Wa_ithaka wrote:@Scubidu, that is why one of my burning ambitions is to own/open a bank.
Its the easiest way known to man of minting money and it doesn't help I am a gikuyu.
As long as you don't engage in tomfoolery Try Investment baking. You convince a fellow to buy a stock at 100/= - you make 2.1%. It falls to 80/=, you convince him to average down - you make another 2.1%. The share falls to 60/=, he gets totally pissed of and sells everything, and - you guessed it - you make another 2.1%. And that's even before you start stealing from him and trading using his money.  Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Veteran Joined: 9/4/2009 Posts: 700 Location: Nairobi
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@Wa_ithaka. You thinking of a people's (come all, get screwed) bank or will you be the next Sir Charles, banking only those in society that matter. @MaichBlack. Investment Baking are masters of the spin. They call u back six months later, after raiding ur savings and promise..."this time it'll be different!!! We have revised the assumptions we expected to guide us on future investor perceptions. You'll be just fine!!!"  “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
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@MaichBlack...that's a really funny idea...LOL....Any openins for this Investment Bank of urs.But whoever has Equity shares should be very proud of himself for holdin this long coz this share has passd it resistance level if NOT its 52 week high...and any technical analyst will tell u that before it finds its base again it will hav rallied considerably ( Read more money for you.)...... happy investin yo. Your future depends on your dreams so go to sleep !
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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I have and will hold mine for a long time. Iam however seriously wondering if it is time I baptised (read sell) my Mumias into Equity. I smell more money here. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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23bob is hard to resist; so I'm selling off one-third of my remaining holding. Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,621
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Good idea Mukiha,remember the last rally and people buying thinking the only way was up.I sold at 300 and made some good money,we all know what happened after that.A good share always but at the right price.
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Rank: Elder Joined: 7/22/2009 Posts: 7,570
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mukiha wrote:23bob is hard to resist; so I'm selling off one-third of my remaining holding. HOLD. You are selling too soon. Why not wait for the results? Or you can wait for the price to stagnate - say by 4th May - or friday this week if you are in a hurry. The price rally has not slowed down in the last few days. Sell ONLY if you have a better counter to put your money in. Better yet, post here which counter you'll put your Equity money in and we can compare the gains in - say 6 months? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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@maichBlack What do you think is a good price to sell say in the next 1 month? When are they likely to announce 1/2yr? Btw how did you come up with your username? Any meaning? Thx.
BBI will solve it :)
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Rank: User Joined: 6/27/2008 Posts: 709 Location: Velayat-e Faryab
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mukiha wrote:23bob is hard to resist; so I'm selling off one-third of my remaining holding. I thought you knew better than that. If you work with supply and demand ratio, you will note when Equity prices have hit a plateau and offload half of your holding. Then watch as the prices recede by at least 8% before pumping in the same cash to end up with more shares at hand than if you had sat there after selling a third of the lot. In th first half selling scenario, If the share continues on an upward trend, then you have the other half to capture the gains while the cash from the other half would be on standby for an opportunity like BOC at 125. I have done this successfully with Safaricome, eveready and mumias for the last two years and it never fails. Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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Hii bus imeniwacha!!! 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.
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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Surealligator wrote:
I thought you knew better than that. If you work with supply and demand ratio, you will note when Equity prices have hit a plateau and offload half of your holding.
Why half and not one-third? Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Equity train run out of coal? Nay Q1 results up seriously
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