Thanks Guru

on Unaitas, i saw they advertised for consultants to do capital restructuring

do you think they will start restricting new members to allow old members get more shares

how long do you think they will keep the doors open for new members considering they target to list within the new strategic plan period of 2014-2018

centum just clocked 48
jumping in anf out of a good mbass can be injurious because one will not always get the timing right

1.personally i wouldnt sell any.
2.If i must sell then i would sell the two weaklings/weeds in your farm/gava firms i.e kplc and msc.
3.At the moment am not in a position to advise on what to buy
4.i think you have a great portfolio of above average busineness capable of consistently delivering above average returns without need of unnecessary trading.
my 2cents

I have really learnt to be patient in this market...want to stock up on Kenol now...

Even the greatest trader who ever lived agrees..


And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!

It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I’ve known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine that is, they made no real money out of it.

Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.

Looking back at the first post on this thread on 1st June year an investor who bought the three noted stocks has made a tidy return in less than half an year.
britam was 17.55 now 36.5=107%profit
centum was 38.5 now 77& =100% profit
equity was 41.75 now 59 =41% profit.
simple average return of 82% in less than half a year.
Ignoring these short term results i expect the three stocks to compound wealth at an average of over 50% over the fore see able future.
Thank you.

The above % profits are just on paper. You will only make that profit if you sell off the shares, otherwise, these values can easily go back to 0% and -% in no time.

The problem with the "buy and never sell" doctrine is that unless the dividend yield is really really good (or it's average but you invested really big capital to base it on) the paper profit doesn't help you much. You can only advance yourself by realising profit and reinvesting it. Even the great man that the quote is attributed to has bought and sold/traded shares. It's his own company stock that he doesnt sell. I think the better doctrine would be "buy and don't be in a hurry to sell". The 'secret' is the TIMING.

i have today broken my rules and booked my profits.i expect to be completly exit tommorow
.
This thread is therefore expired
I will be back when mr.market regains sanity.

I agree. This "buy and never sell" chorus can be misleading. You only make the profit by buying low and selling high, just like in any other trading. The key thing is TIMING as you have said. Holding just gives the consolation that my shares have increased in value, but until you sell the shares, that increase in value doesn't mean much.
For example, an investor who bought CIC insurance shares at 8/= and sold at 11/90 would have made a profit of more than 48% before transaction charges. Very few investments can give you such a return in a few months, apart from shylocking. If he/she did not sell the shares, he makes nothing and remains with the shares. The shares can still go back to 8/= or even less..my opinion.