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wanyina
#1 Posted : Thursday, September 05, 2013 10:36:46 AM
Rank: Member


Joined: 4/1/2008
Posts: 141
Why is this counter coming down on high rate this way?and also lots of selling pressures I thought real estate business is booming in Kenya today.I havent read their fundamentals yet any comment?
Aguytrying
#2 Posted : Thursday, September 05, 2013 11:43:30 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
wanyina wrote:
Why is this counter coming down on high rate this way?and also lots of selling pressures I thought real estate business is booming in Kenya today.I havent read their fundamentals yet any comment?


The share's real value is below 2 bob, thats why. the sellers know that, theyll gladly sell to you at these prices and maybe buy back from you at closer to that price when you get frustrated coz of staring at a 50% loss. Home truth
The investor's chief problem - and even his worst enemy - is likely to be himself
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