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Nation Media FY 2011 PAT up 31 percent
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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King G wrote:Ericsson wrote:When is BBK releasing their Q3 results. still being cooked! NBK?
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Cde Monomotapa wrote:King G wrote:Ericsson wrote:When is BBK releasing their Q3 results. still being cooked! NBK? Jameni, this is a NMG thread. Where is the netiquette? Life is short. Live passionately.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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sparkly wrote:Cde Monomotapa wrote:King G wrote:Ericsson wrote:When is BBK releasing their Q3 results. still being cooked! NBK? Jameni, this is a NMG thread. Where is the netiquette? 
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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There seems to be a mass exodus among the staff at NMG - 'The Truth';-). Getting a taste of Standard Group's medicine. The new SG CEO though seems to be a man on a mission to reclaim past glories... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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sparkly wrote:sparkly wrote:guru267 wrote:young wrote: I have been doing this for the past 3 years only for NMG & EABL. @young I have been reviewing this strategy.. I have successfuly done this with KCB and kenol (both long term plays) for the last two years. For example in KCB I bought at 18bob in 2010, sold at 27 in just before it went ex div in 2011.. I then re entered at 15.95 in december and planning to exit at 27-30 cum div 2012... @Guru and @Young are you watching NMG? From 2003-2007 it trended between 70-125. Between 2008-2012 it trended between 125-185. Its now zoomed past 185. I think 185 - 240 will be the new "normal" range for this share. Unlike EABL, NMG seems to be driven mostly by fundamentals and it is as conservative as Warren Buffet would be. I think Nation Hela and the East African expansion will maintain it between 185-240 for the time being. As i predicted, we are now at KShs 240. With a expected PE of 15, its time to start alighting the bus, pole pole as i watch the behaviour of the share towards the year end. Over 100% considering bonuses and dividends. Highest close of 241 on 20-22 Nov 2012. Day highest of 248 on 12 Nov, on low volumes. slowly sliding downwards. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self. Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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sparkly wrote:Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self. @sparkly. See the benefit of long-term investment. @the deal criticised ur long hold coz of returns. Just a few months later you got your 100+% gain. What made u sell at that 287 now makes you look like a genius. I agree it's time to buy. Like buffet says, we like to buy them while on operating table. I kinda with I could do a switch btn this and TPS. Both services sector but NMG sub sector less volatile. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Aguytrying wrote:sparkly wrote:Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self. @sparkly. See the benefit of long-term investment. @the deal criticised ur long hold coz of returns. Just a few months later you got your 100+% gain. What made u sell at that 287 now makes you look like a genius. I agree it's time to buy. Like buffet says, we like to buy them while on operating table. I kinda with I could do a switch btn this and TPS. Both services sector but NMG sub sector less volatile. But @Sparkly SOLD it at some point @ the buyer Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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young wrote:Aguytrying wrote:@young. Liking your bearishness. When do you think stocks will tank proper, from your experience. And what low price would you expect for the following: kenol, kplc, kcb, equity. Thanks.
@Aguy,It is not a question of thinking bearishness, it is just the princples of what goes up must come down. There is always a time of market correction even for good companies. For a long term investor instead of injecting more money to buy your favorite stock when it is cheap, you can equally do what I do once in a year on NMG and EABL to increase your holdings without injecting new funds. I sold all my units of NMG at 185 bob specifically in may 2011 and bought back at 135 in November 2011 after it has lose steam and euphoria. I have been doing this for the past 3 years only for NMG & EABL. My 125 bob low price is just a prediction not a hard and fast rule as I am factoring in the political uncertainty this year so I expect NMG to get as low or close to that in the months ahead. Meanwhile I am looking forward to selling NMG circa 180 again this year. I cannot predict other counters as I do not apply this technique to them. This buy back approach is called passive recursive trading. It is very useful to long term investors. Cheers @spikes passive recursive trading.. memorise that word
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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obiero wrote:young wrote:Aguytrying wrote:@young. Liking your bearishness. When do you think stocks will tank proper, from your experience. And what low price would you expect for the following: kenol, kplc, kcb, equity. Thanks.
@Aguy,It is not a question of thinking bearishness, it is just the princples of what goes up must come down. There is always a time of market correction even for good companies. For a long term investor instead of injecting more money to buy your favorite stock when it is cheap, you can equally do what I do once in a year on NMG and EABL to increase your holdings without injecting new funds. I sold all my units of NMG at 185 bob specifically in may 2011 and bought back at 135 in November 2011 after it has lose steam and euphoria. I have been doing this for the past 3 years only for NMG & EABL. My 125 bob low price is just a prediction not a hard and fast rule as I am factoring in the political uncertainty this year so I expect NMG to get as low or close to that in the months ahead. Meanwhile I am looking forward to selling NMG circa 180 again this year. I cannot predict other counters as I do not apply this technique to them. This buy back approach is called passive recursive trading. It is very useful to long term investors. Cheers @spikes passive recursive trading.. memorise that word Does it mean a curse trading? Towards the goal of financial freedom
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Boris Boyka wrote:Aguytrying wrote:sparkly wrote:Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self. @sparkly. See the benefit of long-term investment. @the deal criticised ur long hold coz of returns. Just a few months later you got your 100+% gain. What made u sell at that 287 now makes you look like a genius. I agree it's time to buy. Like buffet says, we like to buy them while on operating table. I kinda with I could do a switch btn this and TPS. Both services sector but NMG sub sector less volatile. But @Sparkly SOLD it at some point @ the buyer You've been quiet. How's the speculating working for you? Hence I said makes him look like a genius. Selling is necessary if you feel the company or environment has changed drastically. Or u feel the share is too overvalued. For me only the first 2 reasons apply The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Aguytrying wrote:Boris Boyka wrote:Aguytrying wrote:sparkly wrote:Tactics discussed by @Guru and @Young on this thread proven true. I exited this share almost 2 yrs ago at average SP of 287. KShs 120 is back with us. Too good to be true. I might just pick some ting for me self. @sparkly. See the benefit of long-term investment. @the deal criticised ur long hold coz of returns. Just a few months later you got your 100+% gain. What made u sell at that 287 now makes you look like a genius. I agree it's time to buy. Like buffet says, we like to buy them while on operating table. I kinda with I could do a switch btn this and TPS. Both services sector but NMG sub sector less volatile. But @Sparkly SOLD it at some point @ the buyer You've been quiet. How's the speculating working for you? Hence I said makes him look like a genius. Selling is necessary if you feel the company or environment has changed drastically. Or u feel the share is too overvalued. For me only the first 2 reasons apply Am around busy here and there just peeping here once in a while. Am Okay...cash became King. Holding a few BMB, peanuts KeRe,Hfck. The bear is doing well let it prevail. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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obiero wrote:young wrote:Aguytrying wrote:@young. Liking your bearishness. When do you think stocks will tank proper, from your experience. And what low price would you expect for the following: kenol, kplc, kcb, equity. Thanks.
@Aguy,It is not a question of thinking bearishness, it is just the princples of what goes up must come down. There is always a time of market correction even for good companies. For a long term investor instead of injecting more money to buy your favorite stock when it is cheap, you can equally do what I do once in a year on NMG and EABL to increase your holdings without injecting new funds. I sold all my units of NMG at 185 bob specifically in may 2011 and bought back at 135 in November 2011 after it has lose steam and euphoria. I have been doing this for the past 3 years only for NMG & EABL. My 125 bob low price is just a prediction not a hard and fast rule as I am factoring in the political uncertainty this year so I expect NMG to get as low or close to that in the months ahead. Meanwhile I am looking forward to selling NMG circa 180 again this year. I cannot predict other counters as I do not apply this technique to them. This buy back approach is called passive recursive trading. It is very useful to long term investors. Cheers @spikes passive recursive trading.. memorise that word  Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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