Wazua
»
Investor
»
Stocks
»
A reality check counter
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
Every investor has a counter he/ she checks to determine (an assumed) true position of the market whether in a bear, artificial bear, bull or artificial bull. Mine used to be eabl and Bamburi before the safaricom ipo and now it's KCB. If KCB is trading fairly stably as it is I have no cause to worry. What's your counter?
BBI will solve it :)
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
|
Ignore Scom at your own peril. With a market capitalisation of 14% of the total wealth at the NSE as of now, it truly holds a lot of weight! @SufficientlyP
|
|
|
Rank: Veteran Joined: 12/23/2010 Posts: 1,229
|
When Total tanks, everything else in my portfolio is usually red.
|
|
|
Rank: Veteran Joined: 3/25/2011 Posts: 946
|
For Sport wrote:When Total tanks, everything else in my portfolio is usually red. O.M.G . you hold total...gosh . how ???? i think i am better of holding access kenya coz atleast its moving lol
|
|
|
Rank: Veteran Joined: 12/23/2010 Posts: 1,229
|
QW25071985 wrote:For Sport wrote:When Total tanks, everything else in my portfolio is usually red. O.M.G . you hold total...gosh . how ???? i think i am better of holding access kenya coz atleast its moving lol  dont have that kind of adrenalin. and shock absorbers
|
|
|
Rank: Elder Joined: 6/2/2008 Posts: 1,438
|
QW25071985 wrote:For Sport wrote:When Total tanks, everything else in my portfolio is usually red. O.M.G . you hold total...gosh . how ???? i think i am better of holding access kenya coz atleast its moving lol QW, Access, Moving where to .... doom and damnation. I saw it at 7.10 today. Even I was tempted to pick some at that level, just for the kicks!
|
|
|
Rank: Elder Joined: 6/2/2008 Posts: 1,438
|
Mine is Jubilee which fluctuates wildly at times but not with big volumes e.g. Today it went down to 170, but with a volume of ONLY 2,000. But I also hold a few other counters that do not trade much like Limuru Tea and City Trust. When the otherwise staid and stoic sharehiolders in counters such as this sell at markedly lower prices and in sizeable volumes, then I know things are bad.
|
|
|
Rank: Elder Joined: 6/2/2008 Posts: 1,438
|
While we are on this topic, it is interesting to note that if you are to compare prices on the last day of trading in 2010 i.e. 31.12.10 and today, the financials have generally held up pretty well. Only 2 of them have gone down by more than 10% i.e. KNRE from 11.05 to 9.85 and Coop from 19 to 16.50. Meanwhile, KCB  , DTB and PanAfric have gone up, the last in a fairly big way. BTW, I have ignored Olympia, which I do not consider to be a financial and which in any case, I delisted in my mind A LONG TIME AGO. So it's quite possible that there are folks whose portfolio is still in the green even as others wail and gnash their teeth! This is especially more so if one was nimble enough to exit some positions before they started their fall into the slough of despond!
|
|
|
Rank: Veteran Joined: 12/23/2010 Posts: 1,229
|
mwanahisa wrote:While we are on this topic, it is interesting to note that if you are to compare prices on the last day of trading in 2010 i.e. 31.12.10 and today, the financials have generally held up pretty well. Only 2 of them have gone down by more than 10% i.e. KNRE from 11.05 to 9.85 and Coop from 19 to 16.50. Meanwhile, KCB , DTB and PanAfric have gone up, the last in a fairly big way. BTW, I have ignored Olympia, which I do not consider to be a financial and which in any case, I delisted in my mind A LONG TIME AGO. So it's quite possible that there are folks whose portfolio is still in the green even as others wail and gnash their teeth! This is especially more so if one was nimble enough to exit some positions before they started their fall into the slough of despond! Interesting and pleasantly surprising considering there was a post where people were suggesting that ppl's portfolios should be light on the financials. http://www.wazua.co.ke/f...spx?g=posts&t=10101
Going through it now...
|
|
|
Rank: Elder Joined: 6/2/2008 Posts: 1,438
|
Maybe, I should have picked me myself some AK. Actually, I didn't for the simple reason that even when I speculate, I like to know that I can hold onto the shares that I am buying, if I was forced to do so. I know Jesse Livermore would never have approved of that, but that's me. Good Luck to those on the Access bus (if you can call it that)! mwanahisa wrote:QW25071985 wrote:For Sport wrote:When Total tanks, everything else in my portfolio is usually red. O.M.G . you hold total...gosh . how ???? i think i am better of holding access kenya coz atleast its moving lol QW, Access, Moving where to .... doom and damnation. I saw it at 7.10 today. Even I was tempted to pick some at that level, just for the kicks!
|
|
|
Rank: Member Joined: 1/26/2011 Posts: 211 Location: Nairobi
|
My windsock is Jubilee. When an ill wind is blowing, its volumes are low and the price starts nosing downwards like it is now. That's when i hibernate and build a war chest
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
I am really against S.com holding the NSE hostage. The market should adjust on merit @ the end of the day. When u hear KRA complaining about drop in revenue from Telcos then I ought to figure it's kubaya for S.com. Back to the topic..I tend to look @ what I am overweight at the time (now KCB & KGN). Since I am a medium term to long artist (1yr+) I usually have a company with a lot of gains on it already, so much so that even in a bear market i'm still generously in the green. During the recent low market I have been reducing my 23.5 Scan in- addition to other chums I come across to re-invest in Kengen & KCB. At the way KCB is moving..that will be the next war-chest reserve. P.S: I like being invested at all times primarily because my mindset is that I play to win - no matter how long it takes; the sight of "idle" cash turns me off.
|
|
|
Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
|
Cde Monomotapa wrote:I am really against S.com holding the NSE hostage. The market should adjust on merit @ the end of the day. When u hear KRA complaining about drop in revenue from Telcos then I ought to figure it's kubaya for S.com. Back to the topic..I tend to look @ what I am overweight at the time (now KCB & KGN). Since I am a medium term to long artist (1yr+) I usually have a company with a lot of gains on it already, so much so that even in a bear market i'm still generously in the green. During the recent low market I have been reducing my 23.5 Scan in- addition to other chums I come across to re-invest in Kengen & KCB. At the way KCB is moving..that will be the next war-chest reserve. P.S: I like being invested at all times primarily because my mindset is that I play to win - no matter how long it takes; the sight of "idle" cash turns me off. idle cash aint good at all. but always good to be liquid. As much as i would like to scoop up kcb it always elludes a young hustler kaa mimi lakini whatever kidogo comes my way, i put it on kengen ud think i want to be a board member. this is the only stock where i am a wanjiku investor coz mimi huzinua kama skuma every week!
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
mwanahisa wrote:Maybe, I should have picked me myself some AK. Actually, I didn't for the simple reason that even when I speculate, I like to know that I can hold onto the shares that I am buying, if I was forced to do so. I know Jesse Livermore would never have approved of that, but that's me. Good Luck to those on the Access bus (if you can call it that)! mwanahisa wrote:QW25071985 wrote:For Sport wrote:When Total tanks, everything else in my portfolio is usually red. O.M.G . you hold total...gosh . how ???? i think i am better of holding access kenya coz atleast its moving lol QW, Access, Moving where to .... doom and damnation. I saw it at 7.10 today. Even I was tempted to pick some at that level, just for the kicks! Thats how i also like to speculate, on companies with Good fundamentals, im not even slightly interested in AK now. The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Muthawamunene wrote:Cde Monomotapa wrote:I am really against S.com holding the NSE hostage. The market should adjust on merit @ the end of the day. When u hear KRA complaining about drop in revenue from Telcos then I ought to figure it's kubaya for S.com. Back to the topic..I tend to look @ what I am overweight at the time (now KCB & KGN). Since I am a medium term to long artist (1yr+) I usually have a company with a lot of gains on it already, so much so that even in a bear market i'm still generously in the green. During the recent low market I have been reducing my 23.5 Scan in- addition to other chums I come across to re-invest in Kengen & KCB. At the way KCB is moving..that will be the next war-chest reserve. P.S: I like being invested at all times primarily because my mindset is that I play to win - no matter how long it takes; the sight of "idle" cash turns me off. idle cash aint good at all. but always good to be liquid. As much as i would like to scoop up kcb it always elludes a young hustler kaa mimi lakini whatever kidogo comes my way, i put it on kengen ud think i want to be a board member. this is the only stock where i am a wanjiku investor coz mimi huzinua kama skuma every week! Real talk - Stack up, laugh last comrade. Makitdowatidoo!
|
|
|
Wazua
»
Investor
»
Stocks
»
A reality check counter
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|