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UNGA anyone?
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youcan'tstopusnow
#481 Posted : Sunday, September 26, 2010 8:06:13 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
guru267 wrote:
I noticed there are very many Wazuans in unga who are all going to sell he the results are below par..

Are you one of them?
GOD BLESS YOUR LIFE
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guru267
#482 Posted : Sunday, September 26, 2010 8:52:26 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
guru267 wrote:
I noticed there are very many Wazuans in unga who are all going to sell he the results are below par..

Are you one of them?

Yes i'm currently in about 9% of my portfolio up from 3% due to the Mumias disappointment...
Mark 12:29
Deuteronomy 4:16
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Jamani
#483 Posted : Sunday, September 26, 2010 10:02:53 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
guru267 wrote:
youcan'tstopusnow wrote:
guru267 wrote:
I noticed there are very many Wazuans in unga who are all going to sell he the results are below par..

Are you one of them?

Yes i'm currently in about 9% of my portfolio up from 3% due to the Mumias disappointment...

@Guru, kindly fafanua kidogo on the results
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the deal
#484 Posted : Sunday, September 26, 2010 2:55:57 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The results might not be as good as some people expect...just today i noticed N$1=Ksh 11.4...importing into Kenya is verry expensive...since Unga imports most of its inputs...i would advice akina Guru&co to sell if you are not in for the long haul...The Ksh is too week against global currencies....
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youcan'tstopusnow
#485 Posted : Sunday, September 26, 2010 3:42:20 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
First half also not likely to be as good as last years because of the strengthening of the dollar against the Ksh.
GOD BLESS YOUR LIFE
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guru267
#486 Posted : Sunday, September 26, 2010 8:49:31 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
The results might not be as good as some people expect...just today i noticed N$1=Ksh 11.4...importing into Kenya is verry expensive...since Unga imports most of its inputs...i would advice akina Guru&co to sell if you are not in for the long haul...The Ksh is too week against global currencies....

@the deal i will sell ONLY day after the results come in.... My average buy price on the counter is 12.10 so i still have some room for it to fall....

And even if it went to 0bob My gains in KPLC in the past month are more than my whole holding in unga...
So instead of worrying I'll just be patient....
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#487 Posted : Sunday, September 26, 2010 8:54:50 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
1) The N$ tracks the Rand which has become very strong vs the US$ (not just KES)

2) The KES has been oversold by the CBK. I am not sure why they are doing so. Protect the exporters? Since CBK can borrow cheap money in KES, they are 'selling' KES & buying forex.

3) I am not a short-term guy so it matters little to me for short-term variations... BTW, Unga is growing in Uganda & targetting S.Sudan thru Uganda...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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  | | Edit by user: Sunday, September 26, 2010 10:43 PM | Reason: Not specified
qw25041985
#488 Posted : Sunday, September 26, 2010 10:32:50 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Haha ! U guyz are funny. After seeing that u cnt make a quick kill in the short term now everybody wants to hold unga for the long haul.
Well ,some of u sound like confusd investors.
This one stock i'll never buy.
Your future depends on your dreams so go to sleep !
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VituVingiSana
#489 Posted : Sunday, September 26, 2010 10:45:17 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Yawn! The chap who shouts BUY, BUY, BUY but means SELL, SELL, SELL or was it BUY, BUY, BUY when he is not sure is if it is SELL, SELL, SELL... I think I need to YAWN, YAWN, YAWN...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Aguytrying
#490 Posted : Sunday, September 26, 2010 10:53:22 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
let wait for the results n see. Im def not in for the long haul.
The investor's chief problem - and even his worst enemy - is likely to be himself
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