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Profit takers slowing the bull
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ngapat
#1 Posted : Tuesday, January 11, 2011 11:35:36 AM
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Joined: 12/11/2006
Posts: 896
looks like the profit taking has began and a retracement might now happen before resumption of the bull. Remain bullish and look for entry opportunities during sell offs
“Invest in yourself. Your career is the engine of your wealth.”
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qw25041985
#2 Posted : Tuesday, January 11, 2011 11:45:10 AM
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Joined: 5/9/2010
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hahahahah. profit takers ???? which counters have enough profit i get mine out fast ...???
Your future depends on your dreams so go to sleep !
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ngapat
#3 Posted : Tuesday, January 11, 2011 12:17:27 PM
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equity was traded at 25 in december. it has traded at 29.50 last week. thats 4.5 bob profit or 18%. you cant get that from dividends, bank interest or bonds
“Invest in yourself. Your career is the engine of your wealth.”
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mwenza
#4 Posted : Tuesday, January 11, 2011 12:26:58 PM
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Joined: 4/22/2009
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ngapat wrote:
equity was traded at 25 in december. it has traded at 29.50 last week. thats 4.5 bob profit or 18%. you cant get that from dividends, bank interest or bonds



If you factor in commissions, percentage profit comes to 13.64%.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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winston
#5 Posted : Tuesday, January 11, 2011 2:22:12 PM
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You wouldnt want to jump out of Equity now with its Q3 profit up 53%? And it has not even reached its all time high!
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kyt
#6 Posted : Tuesday, January 11, 2011 5:13:33 PM
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Joined: 11/7/2007
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mwenza wrote:
ngapat wrote:
equity was traded at 25 in december. it has traded at 29.50 last week. thats 4.5 bob profit or 18%. you cant get that from dividends, bank interest or bonds



If you factor in commissions, percentage profit comes to 13.64%.

@ mwenza, depending with you arrangment with your broker, it may be as high as 15% and who said 15 isnt good in two wks time?
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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ProverB
#7 Posted : Wednesday, January 12, 2011 8:23:18 AM
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Joined: 3/12/2010
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Guys.. in about 6-10 weeks Financial statements begin getting published for the year ended Dec1st 2010..

Pleas align portfolios by then.. Financials likely to hold on or get higher..same with agric except Rea Vip..

Note profit warnings already released including Accesskenya, E.A Cables, BOC Kenya, Eveready, sameer..etc..

Tread wisely..Trade smart.
..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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maka
#8 Posted : Wednesday, January 12, 2011 10:14:38 AM
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So is it advisable to sell off equity now and enjoy the profit or hold till results have been released?
possunt quia posse videntur
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Govmusili
#9 Posted : Wednesday, January 12, 2011 12:16:01 PM
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Joined: 1/13/2010
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Location: Nairobi
qw25041985 wrote:
hahahahah. profit takers ???? which counters have enough profit i get mine out fast ...???

@qw inakaa hawa watu wakona njaa sana, or are very small minded under. current market conditions im not settling for anything less than 50% increase!!!!!! Or atleast i wasnt planning to.
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mjuaji wa stocks
#10 Posted : Wednesday, January 12, 2011 12:33:27 PM
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Joined: 1/16/2010
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Location: nairobi
maka wrote:
So is it advisable to sell off equity now and enjoy the profit or hold till results have been released?


No ....do not sell equity now.....hold until end year results are announced around march.

The profits and secret acquisations in TZ plus the forward strategy will really be juicy....they maybe following KKs ......going south strategy after south sudan, rwanda n burundi!!

Hold on......for those with more cash ... it is time to board!!!smile smile
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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ngapat
#11 Posted : Wednesday, January 12, 2011 2:08:49 PM
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the market is giving you a second chance to get on board. soon it will be untouchable
“Invest in yourself. Your career is the engine of your wealth.”
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youcan'tstopusnow
#12 Posted : Wednesday, January 12, 2011 3:00:56 PM
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Joined: 3/24/2010
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Location: Black Africa
mjuaji, I thought JM had sworn never to favour acquisitions over starting from scratch after being burnt seriously in Uganda
GOD BLESS YOUR LIFE
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