@berns Yes I lost money on KQ...bought at an average price of Sh42 I had to runaway at Sh25 with a 40% loss...had I waited the loss could be staggering right now i.e 73%...

Always know when to run especially when there is a significant change in a company's fundamentals and the management is still asleep...

I haven't yet experienced a big loss on the NSE... But it has to be mumias which I bought at 6bob and sold at 4.95!

I think my losses are relatively low are due to the fact that I have no problem cutting my losses and running when company fortunes change!

Bought uchumi @13 and got trapped by that ugly bankruptcy. Sold after relisting at an avg of 11.50. I feel sorry for CMC fans for upon relisting, they too will be taken to the cleaners. Bought KQ @17 trying to catch a double bottom in 2011 then they announced that rights issue from hell. Got out at 14. To date KQ is still a falling knife. Yep, everyone gets burnt once in a while. That's the game - win some, lose some but make sure you minimize your losses. Taking losses is a hard thing for any investor. But the sooner you take the hit the better your survival chances. Same to profits, have targets and take your loot.

I also bought into Mworia's company around 2008 or so at Sh.42 for 1000 units.
I bought in batches of 1000 units at Sh.31, Sh 21 and Sh 14 all in the name of averaging down.
I still hold all the 4K units and so am still burning.
I earned some few dividend shillings before the dividend drought set in.
I attended AGM last & elderly shareholders complained so much about this dividend policy

KCB.........I bought into their FSO at 65 back in the mid-90s (96 or 97?My failing memory).......I cut my losses at 46 and i have never forgiven myself since the damn thing turned around and headed north thereafter.

i bought kq at around 50 bob in 2010 and had to sell at around 20. poor management =bad investment

haiwesmake!!

Kuwa mpole

Its just ironic in this thread though appropriate.

Bought Total at 27 waiting for the swing and sell at 32-33 region. The thing came tumbling down I exited at 24.

Got into Expess Kenya at 13 and tyres(Sameer) at 11 bob. sold both counters on same day at 6 and 8 bob respectively. Thank God the volumes were low.