Wazua
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UNGA anyone?
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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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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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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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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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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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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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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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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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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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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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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the deal wrote:The results might not be as good as some people expect...just today i noticed N$1=Ksh 11.4...importing into Kenya is verry expensive...since Unga imports most of its inputs...i would advice akina Guru&co to sell if you are not in for the long haul...The Ksh is too week against global currencies.... @the deal i will sell ONLY day after the results come in.... My average buy price on the counter is 12.10 so i still have some room for it to fall.... And even if it went to 0bob My gains in KPLC in the past month are more than my whole holding in unga... So instead of worrying I'll just be patient.... Mark 12:29 Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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1) The N$ 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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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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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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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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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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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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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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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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Vvs, i amnt suprised u pickd up unga i mean u are used to picking up junk stocks.eg never ready ,olympia u name it. I guess unga just add another junk to ur portfolio. I thought since u are the one who shouts loudest here u wld shout to the stock to sky rocket .i guessnt. By the way what other stock are u buyin i avoid it like a plaugue..? Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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@qw - Olympia was a faux pas. I admit. Why do you insist I bought Neveready? Pole sana, unlike you... I never made the mistake! Oh, yes... I bought KenolKobil... So please AVOID buying it... The same for KPLC... Did I mention KQ? I am glad you learn from my mistakes so if I were you... I would not touch KK, KQ, KPLC... and Unga... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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VituVingiSana wrote: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... GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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qw25041985 wrote:Vvs, i amnt suprised u pickd up unga i mean u are used to picking up junk stocks.eg never ready qw, I thought you had some neveready? GOD BLESS YOUR LIFE
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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youcan'tstopusnow wrote:qw25041985 wrote:Vvs, i amnt suprised u pickd up unga i mean u are used to picking up junk stocks.eg never ready qw, I thought you had some neveready? @youcan't you are sooooo right... This dude was screaming BUY BUY BUY on neverready... But thats when it was at 4.3 and now its at 3.9 so i guess its a SELL SELL SELL.... I'm even scared of holding KCB because of his BUY BUY BUY recommendation on it.... Mark 12:29 Deuteronomy 4:16
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