Wazua
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Most frustrating stocks
Rank: Elder Joined: 7/21/2010 Posts: 6,185 Location: nairobi
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I have been caughtup in some of this stocks and learned that their price movements is very frustrating,once i manage to get out without serious injury i might never look back at them again unless you bright minds convince me otherwise.the list goes........1.eveready,..safcom,..total,,.standard group,..acceskenya,..kenya-re and ea-cables. ..,..Add yours... mlennyma attached the following image(s):  frustrating.jpg (8kb) downloaded 8 time(s)."Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 4/6/2007 Posts: 31
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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Well I think Access Kenya is a badly managed company and I would not buy their stock. Eveready does not seem like it can last long either. The rest are so..so
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Rank: User Joined: 6/27/2008 Posts: 709 Location: Velayat-e Faryab
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Marshalls. Am even ashamed of saying my broker sold my lot when it was 39 but forgot to sell about 1000. Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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none. I rarely follow the crowd The Governor of Nyeri - 2017
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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KQ, mumias and especailly KQ, this share is teaching me to be patient. they say u make ur profit when u buy, and i guess thats why. Im so lethargic to average down unless i look at it as a new investment decision, coz fact that they are down means i got it wrong,coz no one buys expecting price to drop, expect short selling. mlennyma, Are u sure about standard group its been rising from 30's to now 48. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 12/15/2009 Posts: 142 Location: Nairobi
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safcom has really been disappointing always losing. Will hold on and hope headache will go. and @wazua you mean I am still a sea fara? Do me some favour and upgrade me to terrestrial fara! UKITAFUTA UKABILA UTAKUFA BILA!
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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I think scom is the most disappointing as for Total, I just don't get what's up with this counter because it's fundamentally sound in my view.
BBI will solve it :)
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Rank: New-farer Joined: 8/19/2010 Posts: 49 Location: Nairobi
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i've made money from most of the stocks you've listed the balance I didn't even consider. my poor investment choice was buying EB at its Ksh. 300/= highs! I can't blame the stock. I'd made $$$ from it before. depends with your personal investment choices. retailers who bought SCOM today will join your support group! lol
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Rank: Member Joined: 8/17/2010 Posts: 116
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I think to buy above share at lowered price & reduce your average then decided to get out from there. I bought 1000 CFC @ 118 in 2007. Then i bought 4000 CFC @ 44 in February 2009. Now my average cost of CFC @ 59 per share. Same way i have done with KQ. Now I want to reduce my cost for EA CABLE. I bought 3000 share @ 46 in 2007. Please give me advice current price @ 18.20 is worth for this share.
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Rank: Elder Joined: 7/21/2010 Posts: 6,185 Location: nairobi
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Am relieved abit when i get this kind of responses am not trapped alone but also learned that a stock causes casualties and a smiling lot as well.isnt it quite interesting? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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KIRTI, in relation to E.A Cables, I leave you with this quote. ''Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.'' Cables imelewa. Buy a company with an almost guaranteed period of growth for the next five years. You won't be dissapointed. GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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KQ is the only sucker I have left, I will take the divindeds, sell and won't look back. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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Learn to sell at a loss...hope and optimism works everywhere except the stockmarket. 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.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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KQ, Mumias and kenya re have been my stress factor this year but i never held on to any of them as i might end up being trapped in losses for two years... To maximize returns on the NSE one needs to stop being married to stocks especially after negative news Mark 12:29
Deuteronomy 4:16
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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Learn to sell at a loss...hope and optimism works everywhere except the stockmarket. 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.
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Rank: New-farer Joined: 9/11/2010 Posts: 36
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2012 wrote:I think scom is the most disappointing as for Total, I just don't get what's up with this counter because it's fundamentally sound in my view.
I want to answer these question coz I have seen more than two people complaining about company they percive to be sound and well managed like KQ, Safaricom and others, but still record low share returns. The answer lies on a less geeky fact, growth company and growth stock are two different things. Having said so, a growth company can record a declining stock/ share return because of one or two reasons, 1) The market has overvalue the stocks. Most of the pretigious and highly branded and better managed companies are generally overvalued by the market, thats why their stock often do not gain or trade within a profitable range. Question answered!
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Rank: New-farer Joined: 9/11/2010 Posts: 36
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Aguytrying wrote:KQ, mumias and especailly KQ, this share is teaching me to be patient. they say u make ur profit when u buy, and i guess thats why. Im so lethargic to average down unless i look at it as a new investment decision, coz fact that they are down means i got it wrong,coz no one buys expecting price to drop, expect short selling.
mlennyma, Are u sure about standard group its been rising from 30's to now 48. What seperate a good trader and a dummy trade, is the ability to disangage their feelings to their thinking this solve the common problem among dummy traders, holding on to the losing trade longer than they should and selling the winng trades earlir that they should, being patient is not enough, being patient when you need to be patient is what is important, Remember for every money tied to a specific stock, there is an opportunity cost to it!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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To me people who have mentioned KQ here dont understand the airline stocks...to me KQ is a gem @ the current prices...
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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@The deal KQ may be a gem stock at the current price, but those who got in at post 100 bob per share they burnt their fingers that's no secret. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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