Rank: Member Joined: 3/3/2014 Posts: 131
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whiteowl wrote:Murang'a wrote:whiteowl wrote:Murang'a wrote:Boris Boyka wrote:Ali Baba wrote:Murang'a wrote:2012 wrote:Murang'a wrote:I also bought at 6.20 and I have been averaging down. I hope their water and dairy b/s wil yield results soon. Gff, I hope you didn't buy many. They were not many but I have managed to bring the average to 3.45 after buying massively at 2.90 and am still buying at 3.10 Me thinks you should stop giving Murang'a people a bad name by buying dead companies.Quit Msc and buy good stuff.Buffett always says dead companies seldom turnaround.Quit Msc,quit. The sugar sector is greatly wanting and stopping illegal imports not easy! Even with diversification MSC would take so looooong to double its current price unless they "cook figures" in another thread I said nobody cares for this sector given regions in contest lack visionary leaders. Miwani Muhoroni Chemilil Sony Butali and now MSC all these have been collapsing in succession with full warehouses and no market. I know there are those cashing on small gains btwn 3.00-3.90 but if u expect it to double (7.00>) ..........tafakari. www.standardmedia.co.ke/...op-illegal-sugar-imports Thanks guys but am only in MSC to regain my initial capital but not for huge capital gains,,,I will sell at any price above 3.40. @ Alibaba, my mistake was not buying into a dead company coz it wasn't when I bought but I failed to cash out when the red flag was raised but I can now sell without loosing any cash. You should also consider the opportunity cost for time your cash stays in Msc as you average down vs investing in other counters. True that but I didnt see the essence of cashing out at 100% loss while I had a chance of averaging down in less than an year and get back my cash intact, we all make bad choices sometimes in investments and NSE is no exception. Am actually offloading all of the cash before next week ends, and am having difficulties predicting my next counter. what do you guys think about KPL? Fair value of KPLC is around 21/= so the current price is a discount. All the same, the counter at times tends to climb at a snails pace so it may require alot of patience before you can realize sizable gains. Yea, it seems to be one of the few undervalued counter. I think it has not had any major thing worth propelling it. Am weighing my options and this will be on my wishlist. IMITATION IS LIMITATION
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