Mwanahisa. envious of your cash pile. Oh dear lord, i cant believe the deals im seeing with good fundamentals. Kcb at 21.50, kplc. 20.00. Equity 24.00! I will discipline myself to have a liquidity part of the portfolio for these times.

Dude... market has been on a retrace for over 8 weeks... financials remained unaffected bcoz of expectations..now there's nothing much to hedge them from following overall market trend.. Hakuna crush hapa.

This is my idea. Contributions are welcome.

One,including myself, would rather sell ALL their holdings right now and take say a 20% loss. This is because this market has all the signs of tumbling further. After the market falls by say more than 30% in the next 2 or so months, one can buy SOME shares for companies which are have good dividends and bonuses eg KCB,NIC,DTB. At that time most of this stocks should be severely undervalued and will be bargains. At that time the 20% loss won't feel so bad as it will be more than recovered by subsequent capital gains,dividends and bonuses.

So off I go to take my substantial loss. The best of times lie ahead.

Are things really that bad? It may feel that way, but I am inclined to go against the grain. We all knew that the O6 were facing the PEV cases and yet share prices were stable/rising. In my view the main change are the events in the Middle East but shares in the West and other major markets, while volatile, have not fallen dramatically. Kenya's NSE has fallen disproportionately. This is when I love having Jubilee in my portfolio.

I will probably come to rue this, but I have started buying cautiously and I will continue looking for the bargains over the next few days/weeks.

The biggest challenge is to know when the market will bottom out....@Hisah what are the charts saying?

i thought YBC or the QW chap would say they can..LOL.

Speaking of big chair. Where's that post with predictions. He's not far off, now. Could he have a crystal ball, that say middle east crisis coming. Those waiting for a bottom of may be left still holding cash. No one knows, buy bargains slowly as you see them.

It may be safer to slowly start buying into companies with good fundamentals, as opposed to waiting for the bottom. Ive started with KCB today.. Price is too enticing to ignore

Been quite a day at the races (mart). Managed to pick up KPLC @ 20, KCB @ 21.50 and a few thousand at 21.25. I had thought my order would be filled at 21.25 but I had to increase my price!

The speculator in me also drew me towards KenRe @ 9.10 - 9.25 and MSC @ 7.25. I am not too sure why but I can see value at these beaten down prices.

Let's wait for tomorrow and see whether we can pick up some more bargains!

@Mwana

I think you should have delayed abit, though i know the prices are abit too enticing.

Its much better to spread one's buy orders over a period of atleast a week. Wednesday next week i make my move on KPLC and my coveted Jubilee.