Wazua
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Dumb investor...Thats me....KCB at 32.25
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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guru267 wrote:mibbz wrote:maka wrote:madhaquer wrote:I got into BAT at 579 I'm not sure if I should exit and take my chances or just keep holding.
What do those in the know think?
Is there any reason it is still climbing? Good stock,would have bought me some the only reason I won't is because am into ethical investing...  I had this debate with a friend once,she wouldn't touch eabl because of her personal beliefs and ethics as she put it.My question is, at what point does personal choice and beliefs transform into ethics? Is BAT not paying taxes that enables Kenyans enjoy roads,health and services.....as in indirectly you still benefit from BAT existing. What does enjoying their tax have to do with supporting their indiscriminate murder of people?? The first we have no choice over but the second is totally under our control! it's more of a suicide than murder.
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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whiteowl wrote:guru267 wrote:mibbz wrote:maka wrote:madhaquer wrote:I got into BAT at 579 I'm not sure if I should exit and take my chances or just keep holding.
What do those in the know think?
Is there any reason it is still climbing? Good stock,would have bought me some the only reason I won't is because am into ethical investing... I had this debate with a friend once,she wouldn't touch eabl because of her personal beliefs and ethics as she put it.My question is, at what point does personal choice and beliefs transform into ethics? Is BAT not paying taxes that enables Kenyans enjoy roads,health and services.....as in indirectly you still benefit from BAT existing. What does enjoying their tax have to do with supporting their indiscriminate murder of people?? The first we have no choice over but the second is totally under our control! it's more of a suicide than murder. Ethical what? BAT did their IPO longtime ago. Whether one invests in EABL/BAT or not, the two companies will continue doing their thing. It's not like you are buying the shares from the company, rather from other investors. As of now, what one can avoid in the name of ethical investing is the right issues/corporate bonds/commercial papers etc. Hiyo ingine yote ni mambo na kupaka mbwa rangi.
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Rank: Member Joined: 11/7/2013 Posts: 127 Location: Nairobi, Kenya
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[quote=Outvestor]To all those asking for the books, sorry I can't access the entire package for now. I have re-uploaded a fresh 7.11MB zipped bundle containing the following 3 titles : - The Intelligent Investor - Getting Started in Value Investing - Investment Management Download the package from any of the following sites : https://www.sendspace.com/file/yw0yix
http://www.4shared.com/zip/Qn5aPG__ba/Wazua3.html
http://www.gigasize.com/get/o5p2xfmkkvb
PS : For those who are into audio books, here's a YouTube link to The Intelligent Investor : https://www.youtube.com/watch?v=ROyBKEK9C8M[/quote] Danke I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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mkeiy wrote:whiteowl wrote:guru267 wrote:mibbz wrote:maka wrote:madhaquer wrote:I got into BAT at 579 I'm not sure if I should exit and take my chances or just keep holding.
What do those in the know think?
Is there any reason it is still climbing? Good stock,would have bought me some the only reason I won't is because am into ethical investing... I had this debate with a friend once,she wouldn't touch eabl because of her personal beliefs and ethics as she put it.My question is, at what point does personal choice and beliefs transform into ethics? Is BAT not paying taxes that enables Kenyans enjoy roads,health and services.....as in indirectly you still benefit from BAT existing. What does enjoying their tax have to do with supporting their indiscriminate murder of people?? The first we have no choice over but the second is totally under our control! it's more of a suicide than murder. Ethical what? BAT did their IPO longtime ago. Whether one invests in EABL/BAT or not, the two companies will continue doing their thing. It's not like you are buying the shares from the company, rather from other investors. As of now, what one can avoid in the name of ethical investing is the right issues/corporate bonds/commercial papers etc. Hiyo ingine yote ni mambo na kupaka mbwa rangi. Wouldn't touch either.. The lesser the demand, the lower the price, theoretically. Spend a week or two in a hospice, and see if you'd want any of that on your conscience.
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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mkeiy wrote:whiteowl wrote:guru267 wrote:mibbz wrote:maka wrote:madhaquer wrote:I got into BAT at 579 I'm not sure if I should exit and take my chances or just keep holding.
What do those in the know think?
Is there any reason it is still climbing? Good stock,would have bought me some the only reason I won't is because am into ethical investing... I had this debate with a friend once,she wouldn't touch eabl because of her personal beliefs and ethics as she put it.My question is, at what point does personal choice and beliefs transform into ethics? Is BAT not paying taxes that enables Kenyans enjoy roads,health and services.....as in indirectly you still benefit from BAT existing. What does enjoying their tax have to do with supporting their indiscriminate murder of people?? The first we have no choice over but the second is totally under our control! it's more of a suicide than murder. Ethical what? BAT did their IPO longtime ago. Whether one invests in EABL/BAT or not, the two companies will continue doing their thing. It's not like you are buying the shares from the company, rather from other investors. As of now, what one can avoid in the name of ethical investing is the right issues/corporate bonds/commercial papers etc. Hiyo ingine yote ni mambo na kupaka mbwa rangi. I like this ethical investing debate. So you put all your money into a banking stock which consistently pays you handsome DVDs and capital gains.How is this possible? The bank literally steals from innocent borrowers by initially charging low interest on loan, which they double the rate barely 2 months into repayment. The borrower may fail to afford the new high rate and therefore defaults on the loan. The bank sells his property. Out of depression the borrower could commit suicide or die of stress. They often say that banks are not your friends!
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Akenyan2014 wrote:mkeiy wrote:whiteowl wrote:guru267 wrote:mibbz wrote:maka wrote:madhaquer wrote:I got into BAT at 579 I'm not sure if I should exit and take my chances or just keep holding.
What do those in the know think?
Is there any reason it is still climbing? Good stock,would have bought me some the only reason I won't is because am into ethical investing... I had this debate with a friend once,she wouldn't touch eabl because of her personal beliefs and ethics as she put it.My question is, at what point does personal choice and beliefs transform into ethics? Is BAT not paying taxes that enables Kenyans enjoy roads,health and services.....as in indirectly you still benefit from BAT existing. What does enjoying their tax have to do with supporting their indiscriminate murder of people?? The first we have no choice over but the second is totally under our control! it's more of a suicide than murder. Ethical what? BAT did their IPO longtime ago. Whether one invests in EABL/BAT or not, the two companies will continue doing their thing. It's not like you are buying the shares from the company, rather from other investors. As of now, what one can avoid in the name of ethical investing is the right issues/corporate bonds/commercial papers etc. Hiyo ingine yote ni mambo na kupaka mbwa rangi. I like this ethical investing debate. So you put all your money into a banking stock which consistently pays you handsome DVDs and capital gains.How is this possible? The bank literally steals from innocent borrowers by initially charging low interest on loan, which they double the rate barely 2 months into repayment. The borrower may fail to afford the new high rate and therefore defaults on the loan. The bank sells his property. Out of depression the borrower could commit suicide or die of stress. They often say that banks are not your friends! and does this ethical investing also exclude companies that cook their results?
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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guru267 wrote:kizee wrote:NEVER EVER average...averaging is adding good money to bad..treat each buy as a different position/trade @Kizee i totally disagree with you if you average your accounts are much easier to manage and if you treat each buy as a different position in your books it still doesnt change the fact that you are AVEREAGING.... @gems choosing whether to average or to sell is all dependent on the fundamentals... if the price is falling because the companies fundamentals become negative then by all means sell... but if the price is being brought down by things like market worries, profit taking and foreign outflows then thats your opportunity to buy good companies at bargain prices by all means average... i give KCB a "screaming sell" recommendation due to little possibility of capital gains yet another instance of misadvice.. its good this woman left wazua.. angeunguza generations of family wealth.. sell pan africa at 19, sell KCB at 32, buy home afrika at 25 etc etc
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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obiero wrote:guru267 wrote:kizee wrote:NEVER EVER average...averaging is adding good money to bad..treat each buy as a different position/trade @Kizee i totally disagree with you if you average your accounts are much easier to manage and if you treat each buy as a different position in your books it still doesnt change the fact that you are AVEREAGING.... @gems choosing whether to average or to sell is all dependent on the fundamentals... if the price is falling because the companies fundamentals become negative then by all means sell... but if the price is being brought down by things like market worries, profit taking and foreign outflows then thats your opportunity to buy good companies at bargain prices by all means average... i give KCB a "screaming sell" recommendation due to little possibility of capital gains yet another instance of misadvice.. its good this woman left wazua.. angeunguza generations of family wealth.. sell pan africa at 19, sell KCB at 32, buy home afrika at 25 etc etc @Obiero, At least she was right with Jubilee (not the coalition!!). The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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jerry wrote:obiero wrote:guru267 wrote:kizee wrote:NEVER EVER average...averaging is adding good money to bad..treat each buy as a different position/trade @Kizee i totally disagree with you if you average your accounts are much easier to manage and if you treat each buy as a different position in your books it still doesnt change the fact that you are AVEREAGING.... @gems choosing whether to average or to sell is all dependent on the fundamentals... if the price is falling because the companies fundamentals become negative then by all means sell... but if the price is being brought down by things like market worries, profit taking and foreign outflows then thats your opportunity to buy good companies at bargain prices by all means average... i give KCB a "screaming sell" recommendation due to little possibility of capital gains yet another instance of misadvice.. its good this woman left wazua.. angeunguza generations of family wealth.. sell pan africa at 19, sell KCB at 32, buy home afrika at 25 etc etc @Obiero, At least she was right with Jubilee (not the coalition!!). @jerry true. Winsome, loosesome
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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