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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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xxxxx wrote:obiero wrote:Ericsson wrote:KQ closes today at 2.73 per share as per NSE website More interested in the volumes. Current price is fictitious. Anyone not buying now isn’t cut out as a trader and will likely never get a return exceeding 100% at the NSE ..are you buying???  Unfortunately I am low on funds at the moment but I would if I could
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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obiero wrote:xxxxx wrote:obiero wrote:Ericsson wrote:KQ closes today at 2.73 per share as per NSE website More interested in the volumes. Current price is fictitious. Anyone not buying now isn’t cut out as a trader and will likely never get a return exceeding 100% at the NSE ..are you buying??? Unfortunately I am low on funds at the moment but I would if I could So, the statement that "Anyone not buying now isn’t cut out as a trader and will likely never get a return exceeding 100% at the NSE" is false!
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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chiaroscuro wrote:obiero wrote:xxxxx wrote:obiero wrote:Ericsson wrote:KQ closes today at 2.73 per share as per NSE website More interested in the volumes. Current price is fictitious. Anyone not buying now isn’t cut out as a trader and will likely never get a return exceeding 100% at the NSE ..are you buying??? Unfortunately I am low on funds at the moment but I would if I could So, the statement that "Anyone not buying now isn’t cut out as a trader and will likely never get a return exceeding 100% at the NSE" is false! Rephrase it to read anyone with funds.. :)
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. Obiero Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. I can't touch even for short-term speculation for the following reasons: 1. My speculative portfolio of 5% is stuck in HAFR. Don't need another monkey. 2. Weak price trend. Stock likely collapse below KES 2.50 which will be the end of all hopes of recovery. Life is short. Live passionately.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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sparkly wrote:guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. I can't touch even for short-term speculation for the following reasons: 1. My speculative portfolio of 5% is stuck in HAFR. Don't need another monkey. 2. Weak price trend. Stock likely collapse below KES 2.50 which will be the end of all hopes of recovery. https://www.businessdail...4520-jolingz/index.html
It's a good stock for speculation...you should be perfect in selling at the right time
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Rank: Veteran Joined: 4/23/2014 Posts: 903
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sparkly wrote:guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. I can't touch even for short-term speculation for the following reasons: 1. My speculative portfolio of 5% is stuck in HAFR. Don't need another monkey. 2. Weak price trend. Stock likely collapse below KES 2.50 which will be the end of all hopes of recovery. I don't think you can compare HAFR with KQ, KQ has a product/service to offer that requires skilled personnel to ensure all goes well. HAFR I don't think have a single house to offer and at least show us they have a product that they can create and sell at a profit, and at least compete with the hundreds of fundi's who are building and selling houses by the hundreds. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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sparkly wrote:guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. I can't touch even for short-term speculation for the following reasons: 1. My speculative portfolio of 5% is stuck in HAFR. Don't need another monkey. 2. Weak price trend. Stock likely collapse below KES 2.50 which will be the end of all hopes of recovery. I think investors need to know when to take losses. How are you still holding HAFR? I remember taking my losses on that monkey some years ago but I have since recovered those losses and then some by trading a few winners. The biggest lesson I've learned on the NSE is that long term investment is a losing strategy because 9 out of 10 Kenyan companies are simply unable to deliver consistent positive results or deliver shareholder value. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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guru267 wrote:sparkly wrote:guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. I can't touch even for short-term speculation for the following reasons: 1. My speculative portfolio of 5% is stuck in HAFR. Don't need another monkey. 2. Weak price trend. Stock likely collapse below KES 2.50 which will be the end of all hopes of recovery. I think investors need to know when to take losses. How are you still holding HAFR? I remember taking my losses on that monkey some years ago but I have since recovered those losses and then some by trading a few winners. The biggest lesson I've learned on the NSE is that long term investment is a losing strategy because 9 out of 10 Kenyan companies are simply unable to deliver consistent positive results or deliver shareholder value. Congratulations @guru267 for trading on KQ but you sell yourself short at KES 3.50.. KES 12 is fair game
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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guru267 wrote:sparkly wrote:guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. I can't touch even for short-term speculation for the following reasons: 1. My speculative portfolio of 5% is stuck in HAFR. Don't need another monkey. 2. Weak price trend. Stock likely collapse below KES 2.50 which will be the end of all hopes of recovery. I think investors need to know when to take losses. How are you still holding HAFR? I remember taking my losses on that monkey some years ago but I have since recovered those losses and then some by trading a few winners. The biggest lesson I've learned on the NSE is that long term investment is a losing strategy because 9 out of 10 Kenyan companies are simply unable to deliver consistent positive results or deliver shareholder value. The difference between you and me is that you were averaging down the monkey at 8 bob while my ABP is 1 bob and I will not average down any further. I wait for 3 bob to exit but even if HAFR is delisted, I don't consider my investment of 60k in the company material. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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sparkly wrote:guru267 wrote:sparkly wrote:guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. I can't touch even for short-term speculation for the following reasons: 1. My speculative portfolio of 5% is stuck in HAFR. Don't need another monkey. 2. Weak price trend. Stock likely collapse below KES 2.50 which will be the end of all hopes of recovery. I think investors need to know when to take losses. How are you still holding HAFR? I remember taking my losses on that monkey some years ago but I have since recovered those losses and then some by trading a few winners. The biggest lesson I've learned on the NSE is that long term investment is a losing strategy because 9 out of 10 Kenyan companies are simply unable to deliver consistent positive results or deliver shareholder value. The difference between you and me is that you were averaging down the monkey at 8 bob while my ABP is 1 bob and I will not average down any further. I wait for 3 bob to exit but even if HAFR is delisted, I don't consider my investment of 60k in the company material. Agreed. 60K is not an investment.. That sum isn’t enough to even purchase a boda boda
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Borrow and buy KQ. Sounds like a good idea Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:sparkly wrote:guru267 wrote:sparkly wrote:guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. I can't touch even for short-term speculation for the following reasons: 1. My speculative portfolio of 5% is stuck in HAFR. Don't need another monkey. 2. Weak price trend. Stock likely collapse below KES 2.50 which will be the end of all hopes of recovery. I think investors need to know when to take losses. How are you still holding HAFR? I remember taking my losses on that monkey some years ago but I have since recovered those losses and then some by trading a few winners. The biggest lesson I've learned on the NSE is that long term investment is a losing strategy because 9 out of 10 Kenyan companies are simply unable to deliver consistent positive results or deliver shareholder value. The difference between you and me is that you were averaging down the monkey at 8 bob while my ABP is 1 bob and I will not average down any further. I wait for 3 bob to exit but even if HAFR is delisted, I don't consider my investment of 60k in the company material. Agreed. 60K is not an investment.. That sum isn’t enough to even purchase a boda boda Soon and very soon your KQ shares will crumble in value to KES 60,000...Will it remain an investment to you? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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sparkly wrote:guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. I can't touch even for short-term speculation for the following reasons: 1. My speculative portfolio of 5% is stuck in HAFR. Don't need another monkey. 2. Weak price trend. Stock likely collapse below KES 2.50 which will be the end of all hopes of recovery. I agree with you 100%...Weak price trend has been NSE experience. KQ to join MSC, HAFR, UCHUMI nakadhalika nakadhalika.. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 6/6/2016 Posts: 165 Location: Nairobi
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guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. the volumes on this counter (and many on NSE) are so miserable how does one make any money short term trading?
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Ericsson wrote:KQ closes today at 2.73 per share as per NSE website Good reporting, as per nse website, the credibility of data on some of our sites is wanting. ,Behold, a sower went forth to sow;....
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Rank: Veteran Joined: 6/8/2010 Posts: 1,729
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The way guys are talking is as if other stocks are riding on steroids yet all stocks are bleeding profusely. Why should KQ act differently. When guys start having confidence in our market all stocks will soar including KQ and guys will make money Life is an endless adventure
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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snifadog wrote:guru267 wrote:I've made so much money in 2019 trading KQ. My latest average buy price is 2.75 looking to exit at 3.50 in the next few months. I dont know who in their right mind would actually buy and hold this stock long term. the volumes on this counter (and many on NSE) are so miserable how does one make any money short term trading? It’s possible
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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