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What was your best stock move of the year?
Aguytrying
#1 Posted : Monday, December 20, 2010 11:17:37 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
As the year comes to a close its a good a time as any to reflect on how the year has treated us. The highs and the lows, not to brag or anything, just get a feel of how the markets have treated us. Personally i dont have much to write home about, was going through my portfolio when i got the idea for this thread. ill kick off with my best move, it was only one. Cheers.
The investor's chief problem - and even his worst enemy - is likely to be himself
qw25041985
#2 Posted : Monday, December 20, 2010 11:26:25 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
This is a very intresting topic . my best move would be CO-Op bank . i bought it when it was stagnating @ 9.00 . look at it now . its shinning allover the place. and i believe next year it'll be even better.
@ the deal .make us laugh w/ ur worst move .which will be Unga ..hahahahahahah !!!!!!!!!!! i cannt stop laughing .lol ..
Your future depends on your dreams so go to sleep !
PKoli
#3 Posted : Monday, December 20, 2010 11:32:23 AM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
My best move was buying CFC stanbic at between 39-42 when no one wanted to touch it
Sober
#4 Posted : Monday, December 20, 2010 11:34:35 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
i have only bought co-op this year 19.00
i sold sameer at 8.60 and express @ 9.50
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Aguytrying
#5 Posted : Monday, December 20, 2010 11:38:13 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Best move: made 15% gain on kcb, just after rights issue, in one month. worst move: sold mumias at a 14% loss.
The investor's chief problem - and even his worst enemy - is likely to be himself
manziwamtaa
#6 Posted : Monday, December 20, 2010 12:08:28 PM
Rank: Member


Joined: 11/14/2006
Posts: 28

Best move - buying Equity just after split at 14 bob,now laughing all the way. Worst move, not increasing the value of my holdings in Mumias
subaru
#7 Posted : Monday, December 20, 2010 12:35:38 PM
Rank: Member


Joined: 3/15/2010
Posts: 391
Location: nairobie
best bought hfck less than 20 bob sold a little bit later at 23 only to buy mumias at 13 and now at 9.7 spoilt the gains
sheep
#8 Posted : Monday, December 20, 2010 12:41:33 PM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
1. best=selling all my bamburi and half of arm shares and putting all that dough into dtb at 108

2.worst=selling stanchart at 202 and cancelling a buy of BAT at 200..all were at their pivotal points...classic money makers.
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.
Gordon Gekko
#9 Posted : Monday, December 20, 2010 1:45:07 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
Best - selling SCB at 300, picking up the same at 165.45, albeit only 300 shares.
Worst - picking up Mumias at 12.85.
wote
#10 Posted : Monday, December 20, 2010 1:58:19 PM
Rank: Member


Joined: 10/18/2007
Posts: 217
Having sold off my entire holding of Scan group shares at ksh 74.00 which i had picked up at ksh9.00
Murenju
#11 Posted : Monday, December 20, 2010 2:37:10 PM
Rank: Member


Joined: 7/13/2006
Posts: 94
Location: Nairobi
@manziwamtaa: Why would you want to increase Mumia?
Knock hard and it will be opened. Ask and you will be answered. Seek and you shall find.
the deal
#12 Posted : Monday, December 20, 2010 3:01:25 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@qw i never made or lost money on Unga...Best move picking cfc at 39-43 range then selling between 80-90 within 3 month.

Worst buying Kenya Re at 13.50...Scom at 5.90...
Dod
#13 Posted : Monday, December 20, 2010 3:40:17 PM
Rank: Member


Joined: 10/4/2010
Posts: 223
Location: Afghanistan
Best..Bought Safcom at 4.20, sold at 5.90 then bought again at 4.60.
Worst..Bought KQ at 24.00, still holding.
The rich have money working for them; the poor and the middle class are going to work for money.
My 2 cents
#14 Posted : Monday, December 20, 2010 3:45:00 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,059
Sold Kenya-Re at 11.95. Now I breathe easy.
KIRTI
#15 Posted : Monday, December 20, 2010 4:19:15 PM
Rank: Member


Joined: 8/17/2010
Posts: 116
Best Move - Carbacid made 150% profit. Bought end of last year @ 205 cum dividend of Kshs 10 & bonus.so cost was 65 & sold @ 165 in june 2011. Also bought CFC @ 44 in February & sold @ 87 in september so Profit almost 100%.
Worst move Safaricom bought @ 5.40 & sold @ 4.95 after eating .20p of Dividend.
dudej
#16 Posted : Monday, December 20, 2010 4:52:12 PM
Rank: Member


Joined: 10/5/2006
Posts: 13
Best Move: Selling relatively stagnant TPSEA @68 merely to unlock funds(capital for other business)
jawz1
#17 Posted : Monday, December 20, 2010 4:58:11 PM
Rank: Member


Joined: 8/4/2008
Posts: 205
Location: Nairobi
Worst Move: Passed on buying Coop at 8shs 6 months ago; really bad judgement call

Best Move: Got rid of my AK shares at 24shs; now looking at the stock's current value - no more sleepless nights...
"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
Aguytrying
#18 Posted : Monday, December 20, 2010 5:13:14 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
wote wrote:
Having sold off my entire holding of Scan group shares at ksh 74.00 which i had picked up at ksh9.00

all i can say to this is wow! Your's takes the cake so far.
The investor's chief problem - and even his worst enemy - is likely to be himself
Tommy
#19 Posted : Monday, December 20, 2010 5:29:02 PM
Rank: Veteran


Joined: 12/9/2010
Posts: 894
Location: Nairobi
worst, keeping mumias which i bought at 12.60 in my portfolio. this thing has eroded my gains in other counters.
Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
shauriyako
#20 Posted : Monday, December 20, 2010 5:58:22 PM
Rank: New-farer


Joined: 6/17/2010
Posts: 71
Location: Kenya
Best move: getting into Equity @ an average of 15.50 bob - still holding will reassess my position in March 2011.
Worst Move: taking up Mumias @ 12.9 bob. Only to be forced to cut my losses after an 18% decline dividends considered.
When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
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