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Q3 2017: A Strategic Re-entry into the stock market-NSE
Ericsson
#21 Posted : Thursday, June 29, 2017 1:17:24 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
The market has caught a cold
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#22 Posted : Thursday, June 29, 2017 1:43:30 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,173
Location: nairobi
Ericsson wrote:
The market has caught a cold

Just when Kk was preparing to wakeup
"Don't let the fear of losing be greater than the excitement of winning."
Ebenyo
#23 Posted : Thursday, June 29, 2017 1:53:29 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
Ericsson wrote:
The market has caught a cold



The election phobia.Five weeks away.So wacha watu waoga watoke ndio tununue hisa kwa bei chini.
Towards the goal of financial freedom
slykat
#24 Posted : Friday, June 30, 2017 2:28:08 PM
Rank: Member


Joined: 2/20/2007
Posts: 359
The he-goat died hard on Christmas day when they did price-transfer.
aemathenge
#25 Posted : Friday, June 30, 2017 3:50:29 PM
Rank: Elder


Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
slykat wrote:
The he-goat died hard on Christmas day when they did price-transfer.

My small head is seeing red and as such my big head is suppressed.

You might want to translate your sentiments for my small head, otherwise we might end up taking this thread Greensward on a false red flag.
slykat
#26 Posted : Friday, June 30, 2017 6:07:47 PM
Rank: Member


Joined: 2/20/2007
Posts: 359
Mahegoat .... Over 90% controlling stake by single foreigner doesn't do for me. Or has it changed?
aemathenge
#27 Posted : Friday, June 30, 2017 8:45:57 PM
Rank: Elder


Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
slykat wrote:
Mahegoat .... Over 90% controlling stake by single foreigner doesn't do for me. Or has it changed?

OOOoooo That hehehehehe Frankly, I have no idea.

You see, my day job involves taking drafts, such as can be found on the first post of this thread, and re-writing or re-phrasing it into a format like what you probably read in the second post of this thread.

It is quite well paying actually and work is a plenty.

I guess you have to direct your queries to the initiator of the thread, @S.Mutaga III.

I am flattered, by the way. Thank you.
kawi254
#28 Posted : Friday, June 30, 2017 11:18:41 PM
Rank: Member


Joined: 2/20/2015
Posts: 464
Location: Nairobi
@S.Mutaga: Had thought of an entry into Total Kenya but about a 1 month ago i happened to go to some godown in Industrial area at night and found a Total Kenya truck being siphoned off fuel and that made me re-think.

Siphoning i gather is a common problem but still somehow the OMCs still make profit.

Enjoy the ride.
aemathenge
#29 Posted : Saturday, July 01, 2017 11:05:32 AM
Rank: Elder


Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
Would you be so kind and let me (us) know what OMCs is (are)?

Thank you in advance.

kawi254 wrote:
@S.Mutaga: Had thought of an entry into Total Kenya but about a 1 month ago i happened to go to some godown in Industrial area at night and found a Total Kenya truck being siphoned off fuel and that made me re-think.

Siphoning i gather is a common problem but still somehow the OMCs still make profit.

Enjoy the ride.

obiero
#30 Posted : Saturday, July 01, 2017 2:27:51 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,464
Location: nairobi
aemathenge wrote:
Would you be so kind and let me (us) know what OMCs is (are)?

Thank you in advance.

kawi254 wrote:
@S.Mutaga: Had thought of an entry into Total Kenya but about a 1 month ago i happened to go to some godown in Industrial area at night and found a Total Kenya truck being siphoned off fuel and that made me re-think.

Siphoning i gather is a common problem but still somehow the OMCs still make profit.

Enjoy the ride.


Oil Marketing Companies

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
sparkly
#31 Posted : Saturday, July 01, 2017 4:51:02 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kawi254 wrote:
@S.Mutaga: Had thought of an entry into Total Kenya but about a 1 month ago i happened to go to some godown in Industrial area at night and found a Total Kenya truck being siphoned off fuel and that made me re-think.

Siphoning i gather is a common problem but still somehow the OMCs still make profit.

Enjoy the ride.


Shrinkage losses that OMCs make provision for.

As long as Shrinkage is within normal range, nothing to worry about.
Life is short. Live passionately.
winston
#32 Posted : Monday, July 03, 2017 7:42:58 PM
Rank: Member


Joined: 4/14/2010
Posts: 806
Location: Nairobi
Almost impossible to eradicate shrinkage. Also the product itself evaporates...measuring instruments may not be very precise. So allowance is made for 'normal' losses....but people have been known to take advantage of allowances...to siphon...alduterate...etc. Singly probably not much!
S.Mutaga III
#33 Posted : Wednesday, August 23, 2017 2:03:22 PM
Rank: Member


Joined: 3/26/2012
Posts: 830
It is now 2 months since I began this investment journey.
Entry price:- 20.5
Current price: - 24
Percentage gain:- 17%
Today, the business daily reported that half year earnings (PAT) rose by 33% from 717 million to 958 million. This is an outstanding performance. I intend to hold on as I wait for the end year results and possibly a handsome dividend. This is among the few companies at the NSE which has reported impressive performance. Link: http://www.businessdaily...67790-1kgqty/index.html

Happy Hunting
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Ericsson
#34 Posted : Thursday, August 31, 2017 12:41:18 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
https://www.bloomberg.co...ve-but-still-beat-bonds

Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said the rally in markets over the last several years has made it harder to find bargains, but that stocks remain his choice over bonds.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
S.Mutaga III
#35 Posted : Monday, November 27, 2017 5:47:33 AM
Rank: Member


Joined: 3/26/2012
Posts: 830
It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
mamilli
#36 Posted : Monday, November 27, 2017 1:00:18 PM
Rank: Member


Joined: 10/6/2015
Posts: 249
Location: Nairobi
S.Mutaga III wrote:
It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon.


@S.mutaga what became of UNGA,ama metrics changed? you were very upbeat about it at some point.
Never lose your position in a bull market,BTFD.
obiero
#37 Posted : Monday, November 27, 2017 1:14:12 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,464
Location: nairobi
S.Mutaga III wrote:
It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon.

Thats a decent return. Hongera

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
winmak
#38 Posted : Monday, November 27, 2017 6:34:10 PM
Rank: Member


Joined: 12/1/2007
Posts: 537
Location: Nakuru
mamilli wrote:
S.Mutaga III wrote:
It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon.


@S.mutaga what became of UNGA,ama metrics changed? you were very upbeat about it at some point.


Could it be a case of "lions dont talk so all hunting success tales glorify the hunter?"
For investors as a whole, returns decrease as motion increases ~ WB
S.Mutaga III
#39 Posted : Thursday, February 08, 2018 12:58:58 PM
Rank: Member


Joined: 3/26/2012
Posts: 830
It is approximately 7.5 months since I started this thread. Current performance is as follows:
Counter: Total Kenya
Buying Price: Ksh 20.5 per share
Current Price: Ksh 30 per share
Gross % Profit: 46.3%
NB: So far, since January 2018, Total has been the best performing counter in the NSE.
Happy Hunting
A successful man is not he who gets the best, it is he who makes the best from what he gets.
VituVingiSana
#40 Posted : Thursday, February 08, 2018 1:17:11 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,039
Location: Nairobi
mamilli wrote:
S.Mutaga III wrote:
It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon.


@S.mutaga what became of UNGA,ama metrics changed? you were very upbeat about it at some point.

Takeover bid at 40/-
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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