wazua Sat, Apr 4, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages12>
Stock below 2008/2009 GFC panic price crash
Options
Previous Topic · Next Topic
hisah
#1 Posted : Wednesday, November 21, 2012 2:18:34 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Below is the roll call of the disgraced counters 5yrs later...

Drums rolling and strobe lights for effect:

1. Access Kenya (ACCS)
2. BOC Gases (BOC)
3. CFC - Note: spinned off its insurance arm
4. EA cables (CABL)
5. EA portland cement (PORT)
6. Eveready (EVRD)
7. Express Kenya (XPRS)
8. Kengen (KEGN)
9. Kenya Airways (KQ)
10. National bank (NBK)
11. Olympia Capital (OCH)
12. Sameer Africa (FIRE)
13. Standard Group (SGL)
14. Total Kenya (TOTL)

If one had invested long term in the above counters without averaging down, that equity portfolio would still be in the red 5yrs later! So how long term is long term?

This is why unit trusts/mutual funds will never disclose what they hold in their portfolios... The pandora box has to be kept as far away from the limelight as possible lest redemptions bankrupt these safe 'investment' vehicles...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Wednesday, November 21, 2012 2:20 PM | Reason: Not specified
Aguytrying
#2 Posted : Wednesday, November 21, 2012 4:21:18 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
a surprising list. time tells the true story.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
young
#3 Posted : Wednesday, November 21, 2012 4:55:33 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
What of

Mumias Sugar ?
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Back to top
  | | Edit by user: Wednesday, November 21, 2012 4:58 PM | Reason: Not specified
hisah
#4 Posted : Wednesday, November 21, 2012 5:42:10 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
young wrote:
What of

Mumias Sugar ?

MSC crashed to 3.40/- a level that has not been touched since 2008/2009 panic. Unbelievable...!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
murchr
#5 Posted : Wednesday, November 21, 2012 6:35:44 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
The list is longer than this. Bamburi, Car and General, HFCK, etc etc
"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
.
Back to top
  |
Mukiri
#6 Posted : Wednesday, November 21, 2012 6:49:35 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
hisah wrote:
young wrote:
What of

Mumias Sugar ?

MSC crashed to 3.40/- a level that has not been touched since 2008/2009 panic. Unbelievable...!


Mumias, A foreseeable complete crash? Is the company winding up?

KQ can now only go up, after the retrenchments and huge loss, they've hit rock bottom.

Proverbs 19:21
Back to top
  |
VituVingiSana
#7 Posted : Wednesday, November 21, 2012 8:47:08 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
murchr wrote:
The list is longer than this. Bamburi, Car and General, HFCK, etc etc
I don't have the data but has the list & the above 3 stocks been adjusted for splits, bonuses & extra-ordinary dividends, if any?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Wednesday, November 21, 2012 9:03 PM | Reason: Not specified
murchr
#8 Posted : Wednesday, November 21, 2012 9:47:18 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
VituVingiSana wrote:
murchr wrote:
The list is longer than this. Bamburi, Car and General, HFCK, etc etc
I don't have the data but has the list & the above 3 stocks been adjusted for splits, bonuses & extra-ordinary dividends, if any?


Can you recollect? 2007 to now i cannot recall any.
"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
.
Back to top
  |
VituVingiSana
#9 Posted : Wednesday, November 21, 2012 10:09:51 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
murchr wrote:
VituVingiSana wrote:
murchr wrote:
The list is longer than this. Bamburi, Car and General, HFCK, etc etc
I don't have the data but has the list & the above 3 stocks been adjusted for splits, bonuses & extra-ordinary dividends, if any?


Can you recollect? 2007 to now i cannot recall any.
I think C&G had a bonus. HFCK had a Rights Issue. I don't have the data. Of course, if someone without the requisite data for KenolKobil may assume it is a laggard but there was a 10:1 split somewhere...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
hisah
#10 Posted : Thursday, November 22, 2012 8:00:25 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
VituVingiSana wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
The list is longer than this. Bamburi, Car and General, HFCK, etc etc
I don't have the data but has the list & the above 3 stocks been adjusted for splits, bonuses & extra-ordinary dividends, if any?


Can you recollect? 2007 to now i cannot recall any.
I think C&G had a bonus. HFCK had a Rights Issue. I don't have the data. Of course, if someone without the requisite data for KenolKobil may assume it is a laggard but there was a 10:1 split somewhere...

Splits & bonuses were factored in. @murchr those 3 that you mention are not part of the line up.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
2 Pages12>
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.