Wazua
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Living entirely off the stock market
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Some random trades. *warning:Do not copy blindly it does not work for everyone Uchumi Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/= Leverage: Kshs 2,000,0000 Source: Sacco Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672 946,000-47,300(capital gains tax)=898,700 898,700-210,672=688,028(net gains)
NIC Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains) Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares
Kengen Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/= Leverage Kshs 1,500,000 Source: Sacco Loan period: 4 years Monthly payments Kshs 39,500 Total interest: 397,000 Buy back (Jan 2015) 1,882,500/9.55=197,000 Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750 344,750-17237.5(capital gains tax)=327,512.5 Buy back (May 2015) =2,208,863/9.5=232,000
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mkonomtupu wrote:Some random trades. *warning:Do not copy blindly it does not work for everyone Uchumi Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/= Leverage: Kshs 2,000,0000 Source: Sacco Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672 946,000-47,300(capital gains tax)=898,700 898,700-210,672=688,028(net gains)
NIC Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains) Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares
Kengen Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/= Leverage Kshs 1,500,000 Source: Sacco Loan period: 4 years Monthly payments Kshs 39,500 Total interest: 397,000 Buy back (Jan 2015) 1,882,500/9.55=197,000 Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750 344,750-17237.5(capital gains tax)=327,512.5 Buy back (May 2015) =2,208,863/9.5=232,000
Uchumi - 33% Net Return NIC - 152% Net Return Kengen - 22% Net Return Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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mkonomtupu wrote:Some random trades. *warning:Do not copy blindly it does not work for everyone Uchumi Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/= Leverage: Kshs 2,000,0000 Source: Sacco Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672 946,000-47,300(capital gains tax)=898,700 898,700-210,672=688,028(net gains)
NIC Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains) Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares
Kengen Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/= Leverage Kshs 1,500,000 Source: Sacco Loan period: 4 years Monthly payments Kshs 39,500 Total interest: 397,000 Buy back (Jan 2015) 1,882,500/9.55=197,000 Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750 344,750-17237.5(capital gains tax)=327,512.5 Buy back (May 2015) =2,208,863/9.5=232,000
This is some serious strategy! NIC & Kengen on bear?
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@mkonomtupu. congrats. being able to pull that off is not easy. couple speculation with leverage very large risk, but its working for you. I've been eyeing NIC bank also, I think the company is on a good growth trajectory. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Aguytrying wrote:@mkonomtupu. congrats. being able to pull that off is not easy. couple speculation with leverage very large risk, but its working for you. I've been eyeing NIC bank also, I think the company is on a good growth trajectory. Congrats Bw.Mkonomtupu @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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And he's about to make money on his 9.50 Kengens @SufficientlyP
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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mkonomtupu wrote:Some random trades. *warning:Do not copy blindly it does not work for everyone Uchumi Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/= Leverage: Kshs 2,000,0000 Source: Sacco Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672 946,000-47,300(capital gains tax)=898,700 898,700-210,672=688,028(net gains)
NIC Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains) Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares (Gaifafa)
Kengen Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/= Leverage Kshs 1,500,000 Source: Sacco Loan period: 4 years Monthly payments Kshs 39,500 Total interest: 397,000 Buy back (Jan 2015) 1,882,500/9.55=197,000 Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750 344,750-17237.5(capital gains tax)=327,512.5 Buy back (May 2015) =2,208,863/9.5=232,000
Yawa! are those Zim $$ or it's Kshs.?? Totally hate you!! Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 1/3/2007 Posts: 18,353 Location: Nairobi
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digitek1 wrote:yes Warren buffet does Not really. That said... I would not mind that amount ($40bn) in Shs! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/14/2014 Posts: 289 Location: nairobi
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I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rinkI find satisfaction in owning great business,not trading them
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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target1360 wrote:I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rink What? I always assumed that the man is a lakesider!  Life is short. Live passionately.
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Wazua
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