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Portfolio review
EPROFILE
#1 Posted : Tuesday, April 08, 2014 10:37:42 AM
Rank: Hello


Joined: 5/22/2013
Posts: 3
Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.

Barclays 15,000 shares
COOP bank 120 Shares
Jubilee Holdings 550 Shares
Kengen 100 shares
KQ 1000 Shares
Mumias Sugar 100 Shares
Nation Media 200 Shares
Standard Chartered 1000 Shares
Safaricom 100 Shares

Thanks
dunkang
#2 Posted : Tuesday, April 08, 2014 10:50:18 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
EPROFILE wrote:
Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.

Barclays 15,000 shares
COOP bank 120 Shares
Jubilee Holdings 550 Shares

Kengen 100 shares
KQ 1000 Shares
Mumias Sugar 100 Shares
Nation Media 200 Shares
Standard Chartered 1000 Shares
Safaricom 100 Shares

Thanks

It depends on your goals and timelines. Also whether you are considering to buy or you already have them in your portfolio. However, i'd say the following;

1. How did you end up with 120 ans 550 shares? If you got them from bonuses et. al., then, you are doomed.

2. I'd replace Barclays and Stanchart with C.F.C Stanbic if you haven't bought already.

3. I'd also not have Kengen in my portfolio currently (that expected dilluting rights issue), better have KPLC.

4. Finally, 100 shares of safcom now won't make you much money, i'd rather have more Mumias Sugar and be PATIENT for 6-12 months.


#My_2_Cents_Plus_16%_VAT
Receive with simplicity everything that happens to you.” ― Rashi

EPROFILE
#3 Posted : Tuesday, April 08, 2014 11:48:24 AM
Rank: Hello


Joined: 5/22/2013
Posts: 3
dunkang wrote:
EPROFILE wrote:
Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.

Barclays 15,000 shares
COOP bank 120 Shares
Jubilee Holdings 550 Shares

Kengen 100 shares
KQ 1000 Shares
Mumias Sugar 100 Shares
Nation Media 200 Shares
Standard Chartered 1000 Shares
Safaricom 100 Shares

Thanks

It depends on your goals and timelines. Also whether you are considering to buy or you already have them in your portfolio. However, i'd say the following;

1. How did you end up with 120 ans 550 shares? If you got them from bonuses et. al., then, you are doomed.

2. I'd replace Barclays and Stanchart with C.F.C Stanbic if you haven't bought already.

3. I'd also not have Kengen in my portfolio currently (that expected dilluting rights issue), better have KPLC.

4. Finally, 100 shares of safcom now won't make you much money, i'd rather have more Mumias Sugar and be PATIENT for 6-12 months.


#My_2_Cents_Plus_16%_VAT


Thanks for your input, i already own these shares, my goal is to build my portfolio to as much as i can. Am looking to be in the market for the long haul shuffling and reinvesting any gains i make.
mkonomtupu
#4 Posted : Tuesday, April 08, 2014 1:59:54 PM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
EPROFILE wrote:
Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.

Barclays 15,000 shares
COOP bank 120 Shares
Jubilee Holdings 550 Shares
Kengen 100 shares
KQ 1000 Shares
Mumias Sugar 100 Shares
Nation Media 200 Shares
Standard Chartered 1000 Shares
Safaricom 100 Shares

Thanks


1. Jubilee, Barclays and standard chartered those are for keeps-lose COOP no need to keep 120 shares makes no sense
2. You are over-exposed to the financial sector, look at other sectors e.g. energy add Kenya power and add on Kengen during rights and after rights(forget about dilution if you are in for the long haul vision 2030)
3. Get rid of mumias-it's too late for prayers-look for another industrial stock
4. Why do you keep 100 shares of safaricom-is that for sentimental value?
5. KQ-how do does a billionaire become a millionaire- he buys airline stocks.
6. keep a few stocks on which you can concentrate your research and monitor movements
Angelica _ann
#5 Posted : Tuesday, April 08, 2014 2:12:06 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
mkonomtupu wrote:

6. keep a few stocks on which you can concentrate your research and monitor movements


@mkonomtupu, what would be ideal number that is manageable decently, any advice?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
mkonomtupu
#6 Posted : Tuesday, April 08, 2014 2:31:36 PM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
Angelica _ann wrote:
mkonomtupu wrote:

6. keep a few stocks on which you can concentrate your research and monitor movements


@mkonomtupu, what would be ideal number that is manageable decently, any advice?


For the NSE, the ideal number is max 7, I only concentrate on max 5 stocks at a time.
Murang'a
#7 Posted : Tuesday, April 08, 2014 2:35:02 PM
Rank: Member


Joined: 3/3/2014
Posts: 131
Angelica _ann wrote:
mkonomtupu wrote:

6. keep a few stocks on which you can concentrate your research and monitor movements


@mkonomtupu, what would be ideal number that is manageable decently, any advice?

Is it not a requirement for one to own a given no. of shares in kengen inorder to participate in their upcoming rights...Please help because I saw that they will do it in the ratio of 1:1 and I thought of buying saa hizi ndio nizidouble when the rights come.
IMITATION IS LIMITATION
Angelica _ann
#8 Posted : Tuesday, April 08, 2014 2:43:40 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
mkonomtupu wrote:
Angelica _ann wrote:
mkonomtupu wrote:

6. keep a few stocks on which you can concentrate your research and monitor movements


@mkonomtupu, what would be ideal number that is manageable decently, any advice?


For the NSE, the ideal number is max 7, I only concentrate on max 5 stocks at a time.

Noted & thanks, will try that .... doing 11 though only serious with 2.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
mkonomtupu
#9 Posted : Tuesday, April 08, 2014 2:47:43 PM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
Murang'a wrote:
Angelica _ann wrote:
mkonomtupu wrote:

6. keep a few stocks on which you can concentrate your research and monitor movements


@mkonomtupu, what would be ideal number that is manageable decently, any advice?

Is it not a requirement for one to own a given no. of shares in kengen inorder to participate in their upcoming rights...Please help because I saw that they will do it in the ratio of 1:1 and I thought of buying saa hizi ndio nizidouble when the rights come.


you need to look at what a rights of 1:1 will do to the EPS of the company though this will be offset by the earnings from the 280MW Olkaria IV
mibbz
#10 Posted : Tuesday, April 08, 2014 2:51:50 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
Angelica _ann wrote:
mkonomtupu wrote:
Angelica _ann wrote:
mkonomtupu wrote:

6. keep a few stocks on which you can concentrate your research and monitor movements


@mkonomtupu, what would be ideal number that is manageable decently, any advice?


For the NSE, the ideal number is max 7, I only concentrate on max 5 stocks at a time.

Noted & thanks, will try that .... doing 11 though only serious with 2.


I invest in max 2 counters,preferably one but I do extensive research from stake held by board to who's in the management & their competence/qualifications.its easier to monitor and make decisions with 2 counters,esp if you are busy with other engagements....
dunkang
#11 Posted : Tuesday, April 08, 2014 3:16:36 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
Angelica _ann wrote:
mkonomtupu wrote:
Angelica _ann wrote:
mkonomtupu wrote:

6. keep a few stocks on which you can concentrate your research and monitor movements


@mkonomtupu, what would be ideal number that is manageable decently, any advice?


For the NSE, the ideal number is max 7, I only concentrate on max 5 stocks at a time.

Noted & thanks, will try that .... doing 11 though only serious with 2.

Madam, so, you joke with your money, ehh?

I always want to have 4 or less but i end up having 7 in my portfolio. TAMAA. TAMAA. TAMAA!
Receive with simplicity everything that happens to you.” ― Rashi

georgegop
#12 Posted : Tuesday, April 08, 2014 4:08:30 PM
Rank: Member


Joined: 8/30/2010
Posts: 183
Location: Migingo
I have 10 on my portfolio with an average buy value of Ksh 200k per counter. The good thing about this diversification is that it saves you a lot of headache and heartache coz when some counters are on a roller coaster, you will at least have some that will lift your spirits. But of course i agree that it really requires a lot of research and day to day monitoring.
Don't Work for Money, Let Money Work for You..
sparkly
#13 Posted : Tuesday, April 08, 2014 6:51:34 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
EPROFILE wrote:
Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.

Barclays 15,000 shares
COOP bank 120 Shares
Jubilee Holdings 550 Shares
Kengen 100 shares
KQ 1000 Shares
Mumias Sugar 100 Shares
Nation Media 200 Shares
Standard Chartered 1000 Shares
Safaricom 100 Shares

Thanks


Why these small holdings? You have to bet big to win big.

Barclays will not take you far, lose it there are better shares to hold. Be cautious however, this is not a very good time to buy.
Life is short. Live passionately.
Angelica _ann
#14 Posted : Wednesday, April 09, 2014 9:39:26 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Sell BBK and jump into CFC at around 105! There is still headroom here!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
mv_ufanisi
#15 Posted : Wednesday, April 09, 2014 3:45:55 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
EPROFILE wrote:
Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.

Barclays 15,000 shares
COOP bank 120 Shares
Jubilee Holdings 550 Shares
Kengen 100 shares
KQ 1000 Shares
Mumias Sugar 100 Shares
Nation Media 200 Shares
Standard Chartered 1000 Shares
Safaricom 100 Shares

Thanks


I'd suggest you sell all and focus on one or two counters that you understand very well and can keep a close tab on if you want to grow your wealth. Diversification of the nature you have there is good for people looking for moderate growth and protecting the large wealth they already have. Don't just copy paste what you learn from finance that diversification is good. You need a deeper understanding of context.
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