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Kengen has bolted!
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Metasploit wrote:Am sorry for those who sold at 12.65!
Guys should learn about trends ..you can never perfectly master such strategies as long as you,ve made reasonable return dont regret so much.... possunt quia posse videntur
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Rank: User Joined: 1/5/2013 Posts: 66
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mkonomtupu wrote:FOsiemo10M wrote:It will stagnate soon. Too much Euphoria on this stock. Anyone remembers 2006 during IPO at 11.90, opening multiple accounts to get allocation of 6000 shares,then the stock skyrocketing to 48/= on the first day of trading. now that was euphoria..this is kengen correcting to its normal price of 17-18/= like it did in 2009 2009 was around 4 years ago. The stock should start dropping as it is now sell mode. Never will you see 17-18/-
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Rank: Member Joined: 4/25/2012 Posts: 110
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FOsiemo10M wrote:mkonomtupu wrote:FOsiemo10M wrote:It will stagnate soon. Too much Euphoria on this stock. Anyone remembers 2006 during IPO at 11.90, opening multiple accounts to get allocation of 6000 shares,then the stock skyrocketing to 48/= on the first day of trading. now that was euphoria..this is kengen correcting to its normal price of 17-18/= like it did in 2009 2009 was around 4 years ago. The stock should start dropping as it is now sell mode. Never will you see 17-18/- Someone said in this forum that Mr. Market hates the word 'Never'. I tend to concur. There is nothing as dangerous as an Idea, when there is only one Idea
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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A small price correction then it starts bolting again. The H1 2013 earnings due next month should put any fears to rest.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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MoneyMonger wrote:FOsiemo10M wrote:mkonomtupu wrote:FOsiemo10M wrote:It will stagnate soon. Too much Euphoria on this stock. Anyone remembers 2006 during IPO at 11.90, opening multiple accounts to get allocation of 6000 shares,then the stock skyrocketing to 48/= on the first day of trading. now that was euphoria..this is kengen correcting to its normal price of 17-18/= like it did in 2009 2009 was around 4 years ago. The stock should start dropping as it is now sell mode. Never will you see 17-18/- Someone said in this forum that Mr. Market hates the word 'Never'. I tend to concur. It was me. never say never in the stock market. Who ever thought uchumi would go to 19.00 and KCB to 35.00 and Access to 4.00???? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: User Joined: 1/5/2013 Posts: 66
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MoneyMonger wrote:FOsiemo10M wrote:mkonomtupu wrote:FOsiemo10M wrote:It will stagnate soon. Too much Euphoria on this stock. Anyone remembers 2006 during IPO at 11.90, opening multiple accounts to get allocation of 6000 shares,then the stock skyrocketing to 48/= on the first day of trading. now that was euphoria..this is kengen correcting to its normal price of 17-18/= like it did in 2009 2009 was around 4 years ago. The stock should start dropping as it is now sell mode. Never will you see 17-18/- Someone said in this forum that Mr. Market hates the word 'Never'. I tend to concur. Let me correct what l said - this stock is plunging in the next few days of active trading.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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FOsiemo10M wrote:MoneyMonger wrote:FOsiemo10M wrote:mkonomtupu wrote:FOsiemo10M wrote:It will stagnate soon. Too much Euphoria on this stock. Anyone remembers 2006 during IPO at 11.90, opening multiple accounts to get allocation of 6000 shares,then the stock skyrocketing to 48/= on the first day of trading. now that was euphoria..this is kengen correcting to its normal price of 17-18/= like it did in 2009 2009 was around 4 years ago. The stock should start dropping as it is now sell mode. Never will you see 17-18/- Someone said in this forum that Mr. Market hates the word 'Never'. I tend to concur. Let me correct what l said - this stock is plunging in the next few days of active trading. Its useless to say it will plunge...without 1. State why? i.e overbought, support/resistance etc 2. Whats your target price? i.e if you were shorting the stock. Otherwise whats the point to say this will happen if it wont benefit you. Answer the above....before I assume its just guess work
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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@FOsiemo10m, your case is what wahenga called Wivu. I would also want it to 'plunge' so as i can pick some, after waiting for it at 8.50/- after it went ex. div. but it has refused. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: User Joined: 1/5/2013 Posts: 66
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dunkang wrote:@FOsiemo10m, your case is what wahenga called Wivu.
I would also want it to 'plunge' so as i can pick some, after waiting for it at 8.50/- after it went ex. div. but it has refused. Eish, what kind of logic is this?
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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FOsiemo10M wrote:dunkang wrote:@FOsiemo10m, your case is what wahenga called Wivu.
I would also want it to 'plunge' so as i can pick some, after waiting for it at 8.50/- after it went ex. div. but it has refused. Eish, what kind of logic is this? Speculator logic.
BBI will solve it :)
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Rank: User Joined: 6/18/2009 Posts: 271
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i had to login to just help all the confused minds here . if you look at the charts you can see allot of resistance at 15 bob so what does this mean . if you missed the rally unlike me . you SHOULDN'T buy . coz when it approaches 15 bod i will expect some selling.
if you caught the move put your sell order at 14.50 - 15.00 and wait for the retracement if you fancy the stock.
its very important to read charts and not just gossip here like what 90% of wazuas do.
Oh . and yes the rally is fully supported by fundamentals.
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Rank: User Joined: 1/5/2013 Posts: 66
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Kengen is slipping good today. Profit taking to the max.
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Rank: Elder Joined: 11/28/2006 Posts: 1,799
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FOsiemo10M wrote:Kengen is slipping good today. Profit taking to the max. what has just happened to kengen.. already on full throttle...
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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chemos wrote:FOsiemo10M wrote:Kengen is slipping good today. Profit taking to the max. what has just happened to kengen.. already on full throttle... Coz the rally is not about Wanjikus 
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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techboy wrote:i had to login to just help all the confused minds here . if you look at the charts you can see allot of resistance at 15 bob so what does this mean . if you missed the rally unlike me . you SHOULDN'T buy . coz when it approaches 15 bod i will expect some selling.
if you caught the move put your sell order at 14.50 - 15.00 and wait for the retracement if you fancy the stock.
its very important to read charts and not just gossip here like what 90% of wazuas do.
Oh . and yes the rally is fully supported by fundamentals. 15 is nowhere near the true value of the stock. In a ranging bull, we dont trade support and resistance. We wait for full valuation/overvaluation! Life is short. Live passionately.
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Rank: User Joined: 1/5/2013 Posts: 66
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@ 13. Good luck for those hoping for 16-17. Never!
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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FOsiemo10M wrote:@ 13. Good luck for those hoping for 16-17. Never! Do you own any shares ? or do you own any kengen shares for that matter ?
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Metasploit wrote:FOsiemo10M wrote:@ 13. Good luck for those hoping for 16-17. Never! Do you own any shares ? or do you own any kengen shares for that matter ? @FOsiemo time(desc) share.trans Kshs 10:44:37 200,000 14.00 10:44:36 205,000 14.00 and high of 14.20
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Metasploit wrote:FOsiemo10M wrote:@ 13. Good luck for those hoping for 16-17. Never! Do you own any shares ? or do you own any kengen shares for that matter ? Do yo want to be asked what logic you are using? This @FOsiemo is a very bitter loser. I think he sold at 8.20/- and cant imagine whats happening. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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FOsiemo10M wrote:mkonomtupu wrote:FOsiemo10M wrote:It will stagnate soon. Too much Euphoria on this stock. Anyone remembers 2006 during IPO at 11.90, opening multiple accounts to get allocation of 6000 shares,then the stock skyrocketing to 48/= on the first day of trading. now that was euphoria..this is kengen correcting to its normal price of 17-18/= like it did in 2009 2009 was around 4 years ago. The stock should start dropping as it is now sell mode. Never will you see 17-18/- It's okay even if I don't see the 17-18/= I had a long term view of the market so I bought a good company at good price 8.30/= so I can hold as long as the company continues to be managed properly. If I was buying a piece of land at that bargain you will not see me asking everyday what is the price of my plot. So relax, watch and learn
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