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ACCESS FOR SPECULATION?
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tkzee
#1 Posted : Wednesday, July 28, 2010 10:36:17 AM
Rank: Member

Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
I've been paying close attention to this stock and realised that with the fluctuations its making you could make money.It was around 17 in May and went to about 22 in July,and now its
coming down. Whats your take?
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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mBiaLoss
#2 Posted : Wednesday, July 28, 2010 11:43:21 AM
Rank: New-farer

Joined: 6/23/2010
Posts: 52
Location: Majuu
I bought a bunch at 17 and 18, but I just averaged my price from 35 to 21. So when it went to 22, I tried to get even, but since Kenyan Brokers are that slow to react to orders, it diped below 21 and could not afford to make a loss lol...So I guess am waiting again to buy at 18 or 17. You could dedinately make money with the flactuations
As an investor I behave like a tick, patiently waiting on grass and larch onto the first cow that shows up. As an investor I dont behave like a tick...I jump off the the cow as soon as am fully engorged before it dies...
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sparkly
#3 Posted : Wednesday, July 28, 2010 1:40:00 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Trending sideways between 17 and 22. Simply buy at 17 or slightly higher, and sell at 22 or slightly lower. Be aware that it could break in either direction.
Life is short. Live passionately.
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qw25041985
#4 Posted : Wednesday, July 28, 2010 2:30:22 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
This stock is definately headed 4 ksh 16.00 . Instead of waiting until it reaches 16.00 , put a buy order at 16.10 and a sell order at 21.00 (its high). Then sit back and enjoy the ride !!!
Your future depends on your dreams so go to sleep !
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PKoli
#5 Posted : Wednesday, July 28, 2010 2:43:43 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
My 1st ride in Access was when during and immediately after the IPO. I was in at 14 bob and went to sell at 26. Even though it rose to 35, I never complained! With the changing telecommunication landscape, I am not sure if I have the guts to jump in, may be at 10 bob!
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  | | Edit by user: Wednesday, July 28, 2010 2:45 PM | Reason: Not specified
ProverB
#6 Posted : Wednesday, July 28, 2010 4:07:37 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
[b wrote:
qw25041985[/b]]This stock is definately headed 4 ksh 16.00 . Instead of waiting until it reaches 16.00 , put a buy order at 16.10 and a sell order at 21.00 (its high). Then sit back and enjoy the ride !!!


Dude..Sorry..it's pretty hard taking you seriously..judging from previous statements less than four weeks ago..centum too

[b wrote:
qw25041985[/b]]
http://www.wazua.co.ke/f...aspx?g=posts&t=7541
@sheep. as far as investment strategies are concerned you have faild. In any investment endevour always MAXIMISE your profit . this share is headed for ksh 25.00 (according to my charts) so that 18% is peanuts. just sayin.



...just saying. smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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  | | Edit by user: Wednesday, July 28, 2010 4:11 PM | Reason: Not specified
The Merchant
#7 Posted : Wednesday, July 28, 2010 5:58:05 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
Well technically speaking you may be able to cash in on the fluctuations. However this type of trading can be difficult if the broker you are using takes a long time to execute your orders.
Fundamentally I do not think this is a good company to invest in. They have management problems as well as corporate governance issues. Any one with an internet connection with them can tell you that they are highly disorganised. Better to look elsewhere if you want to purchase a goo stock.
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Jamani
#8 Posted : Wednesday, July 28, 2010 9:15:13 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
well noticed on thier website there are board changes, not sure this will bring back the confidence to ivestors soon, looks like window dressing to statisfy authorities and blind shareholders at the AGM. If not i believe its a promising share
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sparkly
#9 Posted : Wednesday, July 28, 2010 10:14:40 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
qw25041985 wrote:
This stock is definately headed 4 ksh 16.00 . Instead of waiting until it reaches 16.00 , put a buy order at 16.10 and a sell order at 21.00 (its high). Then sit back and enjoy the ride !!!

@qw didn't you buy the last time it hit 21.50, just before it started coming down? I remember you shouting buy buy buy?
Life is short. Live passionately.
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tkzee
#10 Posted : Wednesday, July 28, 2010 11:04:20 PM
Rank: Member

Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
Jamani wrote:
well noticed on thier website there are board changes, not sure this will bring back the confidence to ivestors soon, looks like window dressing to statisfy authorities and blind shareholders at the AGM. If not i believe its a promising share


Board changes alone won't help they diversity as the core biz is under attack by Safaricom and other players.but that said still a buying opportunity @ current levels.
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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