mwanahisa wrote:Today I have placed a major bet on a turnaround in the market. My first tranche of funds was deployed as follows:
1.KK @ 10.50
2.Equity Bank @ 23
3.CoopBank @ 14.90
4.East African Cables - between 11.50 & 11.90
The last is purely speculative on account of improved results and the TCL listing. As for the others, I believe they are good counters which have been oversold on account of market pessimism.
Now I wait to see whether this was a foolhardy or an inspired decision.
I always envy Carbacid (i don't know why), i am also buying more of safcon (but stepwise i.e. weekly).
Now, am never a fan of banks and insurance sectors neither am i in agrics.
For me, services and industrial are my stocks!
Receive with simplicity everything that happens to you.” ― Rashi