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KenolKobil HY 2015 net profit up 73%
snipermnoma
#71 Posted : Sunday, January 10, 2016 12:10:23 PM
Rank: Member

Joined: 1/3/2014
Posts: 257
Spikes wrote:
snipermnoma wrote:
Aguytrying wrote:
sparkly wrote:
Kahuna wrote:
@VVS and other market gurus, how does a novice like myself strike a balance between the good news on this counter and the current Sentiments towards equities ? Is there a possibility that the market will overact in the short term leading to a short lived spike then return to normal inline with the bear market ? Which would mean that we should wait before boarding.


Learn from the wisdom of the our elders (the real one). You don't test the water with both feet. If you have KShs 50k to invest in the share, start by investing KShs 10k now then another KShs 10k after a month...


Wise words in deed. Buy below your targets for as long as its below the target.

If you think about it, on the graph there is the down wave and the up wave. getting the bottom is near impossible, so this can help one scoop on the way down and on the way up.


Applause Applause Applause very good advice. Everyone would love getting in at the bottom but it is quite difficult. Same goes for exiting, everyone wants to exit at the top, again quite difficult. Do your homework, make your picks and arrive at a target. Buy when targets are met make sure you also set sell targets and sell when they are met. Take the gains and do not be too hard on yourself for being off the bottom or top.


@Snipermnoma thanks for advice. Last year I lost opportunities worthy kes 5m because of being too hard to sell after atleast 20%rise in profit. I am changed now want to pick the pieces and rise again.


@spikes. That is the spirit, do not stay down. Pick up the pieces and rise again. By the way, we all have missed opportunities. No one should claim they have a perfect score on all opportunities. Just learn from the your experiences and press on.
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