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What was your best stock move of the year?
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'user'
#61 Posted : Saturday, August 27, 2011 7:23:34 PM
Rank: Veteran

Joined: 12/3/2010
Posts: 1,141
Location: Londokwe
none. bloody portfolio this one I have
2012 is here.Kenya is Ours.Be Part of The Peace Keeping Mission To Protect Our Motherland.Say No To Violence and Tribal Hatred .If you can read this,wewe ni mtu amesoma, usifikirie kama mtu hajaenda shule .Ni Hayo Tu
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hisah
#62 Posted : Saturday, August 27, 2011 7:33:56 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
the deal wrote:
HEHEHEHE...THE AWARD FOR the worst move of the year..GOES TO @QW..the runner up is Mr Yasser Big Caps a.k.a YBC...

By Dec 2011, will YBC qualify for the opposite...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25071985
#63 Posted : Saturday, August 27, 2011 7:41:02 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
hisah wrote:
the deal wrote:
HEHEHEHE...THE AWARD FOR the worst move of the year..GOES TO @QW..the runner up is Mr Yasser Big Caps a.k.a YBC...

By Dec 2011, will YBC qualify for the opposite...


@deal nkt nkt nkt. just coz u did a flukie with car and gen doesnt mean you are now a contrarian investor...lol
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the deal
#64 Posted : Saturday, August 27, 2011 7:42:52 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
sparkly wrote:
the deal wrote:
Best Move in 2011:

Buying C&G @ 38 in 2010 Selling it at 68
Buying Uchumi @ 10 Selling it at 13.5
Buying Kenol @ 9.30 and still holding

Worst move of 2011

Buying Eqty at 26 only to sell it at 23
Buying C&G at 42 only to sell at 38
Finally sold Safcon earlier this year after buying at 5.90...worst move/buy of my life...



@the deal waaah, have you made any money overall?

Yet to make my best move. Sold my trading positions late last year.

Now buying... Safcom, kcb, centum, kk. possibly bamburi in a few weeks

Yep the moves were executed at different intervals of the year...i.e C&G in Feb...Kenol in May...Uchumi just recently...i'm the type who never re invests profits and dividends.although I ventured into some computer business were I almost got wiped...waaah I remember paying a bribe of 5K just to have the business registered...Kenya is one hell of a jungle...
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underweight
#65 Posted : Saturday, August 27, 2011 8:21:00 PM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
Buying KK at 8.65 took div and sold at 12.00, buying sasini at 9.50 and selling at 12.50, buying Kplc @17.00 and selling a 19.75, buying Centum a 16.75 and selling a 19.00. Buying KQ at 32.75 and selling at 42.00. Worst moves buying Uchumi at 9.00 and still holding. Just realised am a trader n not an investor. Rem most I did wen CSFS had a 1% commission!
"A bad decision made now is beta that a good one made later!!"
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MoG
#66 Posted : Saturday, August 27, 2011 11:27:47 PM
Rank: New-farer

Joined: 4/19/2011
Posts: 49
Location: Nairobi
underweight wrote:
Buying KK at 8.65 took div and sold at 12.00, buying sasini at 9.50 and selling at 12.50, buying Kplc @17.00 and selling a 19.75, buying Centum a 16.75 and selling a 19.00. Buying KQ at 32.75 and selling at 42.00. Worst moves buying Uchumi at 9.00 and still holding. Just realised am a trader n not an investor. Rem most I did wen CSFS had a 1% commission!

you've still done great!
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Cde Monomotapa
#67 Posted : Saturday, August 27, 2011 11:35:58 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Hey people.

Please consider the cause and effects of the following as we go back to business on Monday.

Banking Circular No 9 of 2011: Guidelines on the Management of Liquidity through the CBK Discount Window and Cash Reserve Ratio

26 August 2011

http://www.centralbank.g...rs/banking/BC012009.pdf

Cheers.
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Impunity
#68 Posted : Sunday, August 28, 2011 3:35:00 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Panafric: bought at 100, now selling at BOGO.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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QW25071985
#69 Posted : Sunday, August 28, 2011 3:55:06 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Impunity wrote:
Panafric: bought at 100, now selling at BOGO.


ouch !!
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Gordon Gekko
#70 Posted : Sunday, August 28, 2011 5:01:21 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Impunity wrote:
Panafric: bought at 100, now selling at BOGO.


Were you the guy who bought mine at 98? That must be a damn cold monkey.
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