Wazua
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best stocks for longterm holding -over 50% average growth in wealth
Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Wazuans
am doing my research but being not too informed about stocks i ask for advise
for long term purchases (5 to 10 years) which shares could give me over 50% average growth per year in my wealth
as an example, i had bought CIC shares for sh 290,000 4 years ago and recently sold them for sh 1,040,000 thus making about 65% average return over the 4 years
which shares could i re-invest this money and make at-least 50% return on average over the next 5 years
informed wazuans, i appreciate your sharing
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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heri wrote:Wazuans
am doing my research but being not too informed about stocks i ask for advise
for long term purchases (5 to 10 years) which shares could give me over 50% average growth per year in my wealth
as an example, i had bought CIC shares for sh 290,000 4 years ago and recently sold them for sh 1,040,000 thus making about 65% average return over the 4 years
which shares could i re-invest this money and make at-least 50% return on average over the next 5 years
informed wazuans, i appreciate your sharing
Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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EABL,KCB,Stanchart Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Co-op Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 4/14/2011 Posts: 639
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heri wrote:Wazuans
am doing my research but being not too informed about stocks i ask for advise
for long term purchases (5 to 10 years) which shares could give me over 50% average growth per year in my wealth
as an example, i had bought CIC shares for sh 290,000 4 years ago and recently sold them for sh 1,040,000 thus making about 65% average return over the 4 years
which shares could i re-invest this money and make at-least 50% return on average over the next 5 years
informed wazuans, i appreciate your sharing
OTC is the formula that gave you the 65% why not go for it again!!!?Its tried and tested.So the question shuld be which unlisted shares.......
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Hunderwear wrote:heri wrote:Wazuans
am doing my research but being not too informed about stocks i ask for advise
for long term purchases (5 to 10 years) which shares could give me over 50% average growth per year in my wealth
as an example, i had bought CIC shares for sh 290,000 4 years ago and recently sold them for sh 1,040,000 thus making about 65% average return over the 4 years
which shares could i re-invest this money and make at-least 50% return on average over the next 5 years
informed wazuans, i appreciate your sharing
OTC is the formula that gave you the 65% why not go for it again!!!?Its tried and tested.So the question shuld be which unlisted shares....... ...what if you buy and it doesnt get listed... possunt quia posse videntur
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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KCB Group & or Stanbic UG
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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How do you buy Stanbic Ug while in Kenya Thieves
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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King G wrote:How do you buy Stanbic Ug while in Kenya ...kawaida visit your broker utapewa assistance. possunt quia posse videntur
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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None of the stocks stated above have posted the gains that @heri is looking for over the past 5 years. A look at the numbers:
KCB:
Price on 15.08.2008 - KES 29.00
Price on 10.08.2012 - KES 24.50
Loss over the 5 years - 15.5%
Stanchart:
Price on 15.08.2008 - KES 189.00
Price on 10.08.2012 - KES 198.50
Profit over the 5 years - 4.8%
EABL:
Price on 15.08.2008 - KES 185.00
Price on 10.08.2012 - KES 232.00
Profit over the 5 years - 25.4%
Coop
EABL:
Price on 22.12.2008* - KES 10.45 (*listing date)
Price on 10.08.2012 - KES 11.10
Profit over the c5 years - 6.2%
It would be best if wazuans can put forward the 'stocks worth longterm holding' with supporting figures and reason.
@Mwekezaji believes in the old adage that making money from the market is buying low and selling high. If I buy a stock and it hits my high point in T + 3 days, I sell and move on to another. That’s my art of making money.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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@Mwekezaji, but Stanbic UG has. What about Bralirwa, what are the projections? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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murchr wrote:@Mwekezaji, but Stanbic UG has. What about Bralirwa, what are the projections? What is the past performance of these two counters in our neighbors’ exchanges? And like @King_G asked, how easy is it for us to do trade in this market? I recently received a dividend payment from bank of kigali and a very unfavorable exchange rate was applied by my broker, how are you mitigating such forex risks? We long to hear the experience of traders in these neighbours' stocks markets.
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best stocks for longterm holding -over 50% average growth in wealth
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