Wazua
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Living entirely off the stock market
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Some random trades.
*warning:Do not copy blindly it does not work for everyone
Uchumi
Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/=
Leverage: Kshs 2,000,0000 Source: Sacco
Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672
946,000-47,300(capital gains tax)=898,700
898,700-210,672=688,028(net gains)
NIC
Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains)
Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares
Kengen
Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/=
Leverage Kshs 1,500,000 Source: Sacco
Loan period: 4 years
Monthly payments Kshs 39,500
Total interest: 397,000
Buy back (Jan 2015) 1,882,500/9.55=197,000
Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750
344,750-17237.5(capital gains tax)=327,512.5
Buy back (May 2015) =2,208,863/9.5=232,000
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mkonomtupu wrote:Some random trades.
*warning:Do not copy blindly it does not work for everyone
Uchumi
Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/=
Leverage: Kshs 2,000,0000 Source: Sacco
Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672
946,000-47,300(capital gains tax)=898,700
898,700-210,672=688,028(net gains)
NIC
Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains)
Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares
Kengen
Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/=
Leverage Kshs 1,500,000 Source: Sacco
Loan period: 4 years
Monthly payments Kshs 39,500
Total interest: 397,000
Buy back (Jan 2015) 1,882,500/9.55=197,000
Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750
344,750-17237.5(capital gains tax)=327,512.5
Buy back (May 2015) =2,208,863/9.5=232,000
Uchumi - 33% Net Return NIC - 152% Net Return Kengen - 22% Net Return Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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mkonomtupu wrote:Some random trades.
*warning:Do not copy blindly it does not work for everyone
Uchumi
Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/=
Leverage: Kshs 2,000,0000 Source: Sacco
Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672
946,000-47,300(capital gains tax)=898,700
898,700-210,672=688,028(net gains)
NIC
Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains)
Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares
Kengen
Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/=
Leverage Kshs 1,500,000 Source: Sacco
Loan period: 4 years
Monthly payments Kshs 39,500
Total interest: 397,000
Buy back (Jan 2015) 1,882,500/9.55=197,000
Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750
344,750-17237.5(capital gains tax)=327,512.5
Buy back (May 2015) =2,208,863/9.5=232,000
This is some serious strategy! NIC & Kengen on bear?
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@mkonomtupu. congrats. being able to pull that off is not easy. couple speculation with leverage very large risk, but its working for you. I've been eyeing NIC bank also, I think the company is on a good growth trajectory. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Aguytrying wrote:@mkonomtupu. congrats. being able to pull that off is not easy. couple speculation with leverage very large risk, but its working for you. I've been eyeing NIC bank also, I think the company is on a good growth trajectory. Congrats Bw.Mkonomtupu  @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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And he's about to make money on his 9.50 Kengens  @SufficientlyP
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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mkonomtupu wrote:Some random trades.
*warning:Do not copy blindly it does not work for everyone
Uchumi
Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/=
Leverage: Kshs 2,000,0000 Source: Sacco
Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672
946,000-47,300(capital gains tax)=898,700
898,700-210,672=688,028(net gains)
NIC
Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains)
Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares (Gaifafa)
Kengen
Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/=
Leverage Kshs 1,500,000 Source: Sacco
Loan period: 4 years
Monthly payments Kshs 39,500
Total interest: 397,000
Buy back (Jan 2015) 1,882,500/9.55=197,000
Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750
344,750-17237.5(capital gains tax)=327,512.5
Buy back (May 2015) =2,208,863/9.5=232,000
Yawa! are those Zim $$ or it's Kshs.?? Totally hate you!! Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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digitek1 wrote:yes Warren buffet does Not really. That said... I would not mind that amount ($40bn) in Shs! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rinkI find satisfaction in owning great business,not trading them
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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target1360 wrote:I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rink What? I always assumed that the man is a lakesider!  Life is short. Live passionately.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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mkonomtupu wrote:Some random trades.
*warning:Do not copy blindly it does not work for everyone
Uchumi
Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/=
Leverage: Kshs 2,000,0000 Source: Sacco
Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672
946,000-47,300(capital gains tax)=898,700
898,700-210,672=688,028(net gains)
NIC
Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains)
Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares
Kengen
Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/=
Leverage Kshs 1,500,000 Source: Sacco
Loan period: 4 years
Monthly payments Kshs 39,500
Total interest: 397,000
Buy back (Jan 2015) 1,882,500/9.55=197,000
Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750
344,750-17237.5(capital gains tax)=327,512.5
Buy back (May 2015) =2,208,863/9.5=232,000
So you take loans to buy Shares. Be very very careful usije ukalilia chooni kama those of the infamous SafCom IPO loans. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mkonomtupu wrote:Some random trades.
*warning:Do not copy blindly it does not work for everyone
Uchumi
Sell price 12.45( Jan 2015)- buy price 8.45(Nov 2014) x 236,500=946,000/=
Leverage: Kshs 2,000,0000 Source: Sacco
Interest rate: 12%p.a. Monthly payments 52 668*4 months=210,672
946,000-47,300(capital gains tax)=898,700
898,700-210,672=688,028(net gains)
NIC
Sell price 75 (Aug 2014)-buy price 29.75(May 2012)X 20500=927,625/=(net gains)
Buy back price(May 2015)Kshs 1,537,500/56.5=27,000 shares
Kengen
Sell price 12.5(Oct 2014)-buy price 9.95 (July 2014)X 150,000=382,500/=
Leverage Kshs 1,500,000 Source: Sacco
Loan period: 4 years
Monthly payments Kshs 39,500
Total interest: 397,000
Buy back (Jan 2015) 1,882,500/9.55=197,000
Sell price 11.3(March 2015)-buy price 9.55 (Jan 2015)x 197,000=344,750
344,750-17237.5(capital gains tax)=327,512.5
Buy back (May 2015) =2,208,863/9.5=232,000
Heko kaka!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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target1360 wrote:I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rink Yaani he has nothing even on ESOP. No wonder he is poor in investor relations!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Sufficiently Philanga....thropic wrote:And he's about to make money on his 9.50 Kengens True "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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mwekez@ji wrote:target1360 wrote:I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rink Yaani he has nothing even on ESOP. No wonder he is poor in investor relations! he probably understands the power and control in compound interest. I find satisfaction in owning great business,not trading them
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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target1360 wrote:mwekez@ji wrote:target1360 wrote:I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rink Yaani he has nothing even on ESOP. No wonder he is poor in investor relations! he probably understands the power and control in compound interest. Kwani kwa stocks ni simple interest??? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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MaichBlack wrote:target1360 wrote:mwekez@ji wrote:target1360 wrote:I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rink Yaani he has nothing even on ESOP. No wonder he is poor in investor relations! he probably understands the power and control in compound interest. Kwani kwa stocks ni simple interest??? i dont know what to call it.if someone bought eveready ten years ago at sh 25 and today the same trades at about sh 3,what do you call that.? at times it is possible to beat the stocks market by investing in fixed income which has more stable returns I find satisfaction in owning great business,not trading them
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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target1360 wrote:MaichBlack wrote:target1360 wrote:mwekez@ji wrote:target1360 wrote:I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rink Yaani he has nothing even on ESOP. No wonder he is poor in investor relations! he probably understands the power and control in compound interest. Kwani kwa stocks ni simple interest??? i dont know what to call it.if someone bought eveready ten years ago at sh 25 and today the same trades at about sh 3,what do you call that.? at times it is possible to beat the stocks market by investing in fixed income which has more stable returns @target1360, Ohana is losing out by not investing in shares. Check out the price of KK ESOP shares and the market price of the shares Trust you've also heard the principle of Risk-Return Tradeoff
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Rank: Member Joined: 6/26/2008 Posts: 384
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target1360 wrote:I’m very conservative. I will never buy shares in my life, I put my money in fixed deposit. But if you give me money, I will buy good running shoes and running gear, those kinds of things because that’s what I love doing.-ohana why why would the KK ceo not buy shares???? rink @VVS, what do you think of this? As in when the top manager does not have shares in his company?
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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My takeaway from that interview..."I'm a mean guy, I'm mean to my wife, my kids and my employees at the offices...what can I do? It's the way I am" *shoulder shrug* This one should have been run through the PR office before publishing. The harder you work, the luckier you get
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