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Investors lose Sh530b in 7 months
mulla
#21 Posted : Monday, October 19, 2015 2:56:19 PM
Rank: Member


Joined: 6/15/2013
Posts: 301
mlennyma wrote:
80% of my stock is kk,bought at 8-8.50,iam in the biggest dilemma in my nse life.9bob is showing resistance is it time to reduce or Kk was vaccinated against the Ebola in the nse?remember that kenya pipeline case which is half won my reasoning is that a stock that has not lost much may lack behind when others regain their earlier value

Same dilemma for me. KK and Kenya Re are holding up well. Likely when the bull returns these two may do well though history doesn't support this notion. But when the bear is in town proper I don't think even these two will be spared. I have just realised I am in love with these stocks because I don't want to let go of them whilst I can but for a tiny profit.
Cornelius Vanderbilt
#22 Posted : Monday, October 19, 2015 3:11:01 PM
Rank: Member


Joined: 8/15/2015
Posts: 817
mulla wrote:
mlennyma wrote:
80% of my stock is kk,bought at 8-8.50,iam in the biggest dilemma in my nse life.9bob is showing resistance is it time to reduce or Kk was vaccinated against the Ebola in the nse?remember that kenya pipeline case which is half won my reasoning is that a stock that has not lost much may lack behind when others regain their earlier value

Same dilemma for me. KK and Kenya Re are holding up well. Likely when the bull returns these two may do well though history doesn't support this notion. But when the bear is in town proper I don't think even these two will be spared. I have just realised I am in love with these stocks because I don't want to let go of them whilst I can but for a tiny profit.



+1. strong stocks hold their value through bear season
Aguytrying
#23 Posted : Monday, October 19, 2015 3:46:10 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
@mlennyma and little dove.

80-90% in one share is too risky. Two options either buy other shares to reduce kk's percentage holding or sell some kk now to buy other shares.
Do not sell all your kk shares now in hope of getting them cheaper down the road, that's speculative and could backfire or not who knows.
The investor's chief problem - and even his worst enemy - is likely to be himself
Sober
#24 Posted : Monday, October 19, 2015 3:51:56 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
Things are tight with Scan group having lost a quarter of it's value in a month:

Counter 15th Sep 15th Oct % Change
1 WPP ScanGroup 32.25 24.15 -25%
2 ARM Cement 48.25 37.00 -23%
3 Longhorn Publishers 7.40 5.80 -22%
4 Standard Chartered Bank 244.00 195.00 -20%
5 Britam 17.40 14.60 -16%
6 East African Breweries 298.00 250.50 -16%
7 Sameer Africa 4.30 3.70 -14%
8 Liberty Kenya Holdings 22.00 19.25 -13%
9 Equity Group Holdings 47.50 41.60 -12%
10 E.A.Cables 11.95 10.53 -12%
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
obiero
#25 Posted : Monday, October 19, 2015 3:55:41 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,549
Location: nairobi
Cornelius Vanderbilt wrote:
mulla wrote:
mlennyma wrote:
80% of my stock is kk,bought at 8-8.50,iam in the biggest dilemma in my nse life.9bob is showing resistance is it time to reduce or Kk was vaccinated against the Ebola in the nse?remember that kenya pipeline case which is half won my reasoning is that a stock that has not lost much may lack behind when others regain their earlier value

Same dilemma for me. KK and Kenya Re are holding up well. Likely when the bull returns these two may do well though history doesn't support this notion. But when the bear is in town proper I don't think even these two will be spared. I have just realised I am in love with these stocks because I don't want to let go of them whilst I can but for a tiny profit.



+1. strong stocks hold their value through bear season

the last statement there is a fallacy, otherwise KCB wld be trading at 66 right now

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Impunity
#26 Posted : Monday, October 19, 2015 3:58:55 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
kayhara wrote:
Impunity wrote:
kayhara wrote:
True this, I am all red Zote EAAGADS, KENGEN, KQ, CARBACID, KAKUZI, SERENA and KPLC any ope on any of these counters?


EAAGARDS inauaza nini?, asking for a friend.

Anyway next bull run will be in mid 2017...

EAAGADS sell coffee, and have some prime lands, made me good money over the years, bought 100k at 30 bob naona saa hii iko 26,


What do they do with the prime lands? For speculation or what?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Impunity
#27 Posted : Monday, October 19, 2015 4:02:11 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Emerger wrote:
Impunity wrote:
aljazeera wrote:
Othelo wrote:
Impunity wrote:
aljazeera wrote:
Investors at the Nairobi bourse have lost another Sh60 billion in the last one month, extending the losses to Sh530 billion since prices of shares started falling seven months ago.
Standard Digital News - Kenya



Should this make me sleepless ?Sad Pray Anxious Brick wall Eh?



Most of my Dollar-Millionaire friends made their fortune during 2008 financial crisis, then I was not liquid enough and was not very savvy with the goings of the NSE...with the coming economic lull, I shall not miss this latest chance!

If the index could hit below 3000 by end of 2016, blue cheap firms will be dirt cheap...You only need to redeem your gaaament bills in time and delve in to the market fully...come 2007 Dec smile thank me millionaire!

DOLLAR MILLIONAIRE, sio KES/ZIM millionaire.



Obviously it does you NO good for the stock of a great company to go on sale if you're already fully invested and have no cash to buy new shares. For this I would love to hear @Obiero say something. Bear markets are a plague, and if you're going to be a long term investor, you will need and want a portfolio comprised of companies with the strongest, most resilient constitutions, companies that will recover from the plague to thrive another day to be that DOLLAR Millionaire up there.Liar





What are these companies with tough phundamendoz?

Safcom? KCB?, EABL? JUBILEE?



So as it stands, from the wazua 'foretellers' aka chartists et al what is the likelihood of KCB, SCOM & CENTUM turning green?


KCB and Safcom have solid phundamendoz, they will surely rise again.
Centum is too political and pyramidish!

Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Boris Boyka
#28 Posted : Monday, October 19, 2015 4:17:01 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Impunity wrote:
Emerger wrote:
Impunity wrote:
aljazeera wrote:
Othelo wrote:
Impunity wrote:
aljazeera wrote:
Investors at the Nairobi bourse have lost another Sh60 billion in the last one month, extending the losses to Sh530 billion since prices of shares started falling seven months ago.
Standard Digital News - Kenya



Should this make me sleepless ?Sad Pray Anxious Brick wall Eh?



Most of my Dollar-Millionaire friends made their fortune during 2008 financial crisis, then I was not liquid enough and was not very savvy with the goings of the NSE...with the coming economic lull, I shall not miss this latest chance!

If the index could hit below 3000 by end of 2016, blue cheap firms will be dirt cheap...You only need to redeem your gaaament bills in time and delve in to the market fully...come 2007 Dec smile thank me millionaire!

DOLLAR MILLIONAIRE, sio KES/ZIM millionaire.



Obviously it does you NO good for the stock of a great company to go on sale if you're already fully invested and have no cash to buy new shares. For this I would love to hear @Obiero say something. Bear markets are a plague, and if you're going to be a long term investor, you will need and want a portfolio comprised of companies with the strongest, most resilient constitutions, companies that will recover from the plague to thrive another day to be that DOLLAR Millionaire up there.Liar





What are these companies with tough phundamendoz?

Safcom? KCB?, EABL? JUBILEE?



So as it stands, from the wazua 'foretellers' aka chartists et al what is the likelihood of KCB, SCOM & CENTUM turning green?


KCB and Safcom have solid phundamendoz, they will surely rise again.
Centum is too political and pyramidish!


CENTUM indeed is among the individual centred firms; DJ CK. He goes under you all go,he changes mind you all get affected. God forbid he cultivates cassava. He goes with his all ambitions. Its more hyped than it grows itself.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
enyands
#29 Posted : Monday, October 19, 2015 4:26:55 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Boris Boyka wrote:
Impunity wrote:
Emerger wrote:
Impunity wrote:
aljazeera wrote:
Othelo wrote:
Impunity wrote:
aljazeera wrote:
Investors at the Nairobi bourse have lost another Sh60 billion in the last one month, extending the losses to Sh530 billion since prices of shares started falling seven months ago.
Standard Digital News - Kenya



Should this make me sleepless ?Sad Pray Anxious Brick wall Eh?



Most of my Dollar-Millionaire friends made their fortune during 2008 financial crisis, then I was not liquid enough and was not very savvy with the goings of the NSE...with the coming economic lull, I shall not miss this latest chance!

If the index could hit below 3000 by end of 2016, blue cheap firms will be dirt cheap...You only need to redeem your gaaament bills in time and delve in to the market fully...come 2007 Dec smile thank me millionaire!

DOLLAR MILLIONAIRE, sio KES/ZIM millionaire.



Obviously it does you NO good for the stock of a great company to go on sale if you're already fully invested and have no cash to buy new shares. For this I would love to hear @Obiero say something. Bear markets are a plague, and if you're going to be a long term investor, you will need and want a portfolio comprised of companies with the strongest, most resilient constitutions, companies that will recover from the plague to thrive another day to be that DOLLAR Millionaire up there.Liar





What are these companies with tough phundamendoz?

Safcom? KCB?, EABL? JUBILEE?



So as it stands, from the wazua 'foretellers' aka chartists et al what is the likelihood of KCB, SCOM & CENTUM turning green?


KCB and Safcom have solid phundamendoz, they will surely rise again.
Centum is too political and pyramidish!


CENTUM indeed is among the individual centred firms; DJ CK. He goes under you all go,he changes mind you all get affected. God forbid he cultivates cassava. He goes with his all ambitions. Its more hyped than it grows itself.



He is the Warren Buffett of kenya stock. I'm sure he is proud of that title
streetwise
#30 Posted : Monday, October 19, 2015 6:11:22 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
There is a time in the past when you could hardly find any share at NSE going for anything less than 20 bob.

Now I cant imagine how many are below 3 bob. I think this what they call a buyers market
Boris Boyka
#31 Posted : Monday, October 19, 2015 7:21:09 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
obiero wrote:
personally, I am down by KES 239,550.. Being drops of 37% on KQ, 23% on COOP, 26% on HFCK, 41% on KEGN

After reading the market trend & trusting my instinct, I liquidated Coop,Cables, KK,Memba and Kplc. Reduced on Cic, Bamburi. Am +10% Bamburi, +7% Kenya Re and flat on CIC.hold a few shares of these three.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Boris Boyka
#32 Posted : Monday, October 19, 2015 7:29:32 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
littledove wrote:
mlennyma wrote:
80% of my stock is kk,bought at 8-8.50,iam in the biggest dilemma in my nse life.9bob is showing resistance is it time to reduce or Kk was vaccinated against the Ebola in the nse?remember that kenya pipeline case which is half won my reasoning is that a stock that has not lost much may lack behind when others regain their earlier value

we are in the same boat 90% of my holding currently is kk, I exited others early this year, I also exited almost half of kk to average down in case of a drop below 8 but it has refused to go down

Sell sell sell Some kk so that supply floods I get some! smile smile
As A guy put it....if the value (money) is substantive then spread it, if its not that much then relax.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
watesh
#33 Posted : Monday, October 19, 2015 9:36:15 PM
Rank: Veteran


Joined: 8/10/2014
Posts: 977
Location: Kenya
Boris Boyka wrote:
Impunity wrote:
Emerger wrote:
Impunity wrote:
aljazeera wrote:
Othelo wrote:
Impunity wrote:
aljazeera wrote:
Investors at the Nairobi bourse have lost another Sh60 billion in the last one month, extending the losses to Sh530 billion since prices of shares started falling seven months ago.
Standard Digital News - Kenya



Should this make me sleepless ?Sad Pray Anxious Brick wall Eh?



Most of my Dollar-Millionaire friends made their fortune during 2008 financial crisis, then I was not liquid enough and was not very savvy with the goings of the NSE...with the coming economic lull, I shall not miss this latest chance!

If the index could hit below 3000 by end of 2016, blue cheap firms will be dirt cheap...You only need to redeem your gaaament bills in time and delve in to the market fully...come 2007 Dec smile thank me millionaire!

DOLLAR MILLIONAIRE, sio KES/ZIM millionaire.



Obviously it does you NO good for the stock of a great company to go on sale if you're already fully invested and have no cash to buy new shares. For this I would love to hear @Obiero say something. Bear markets are a plague, and if you're going to be a long term investor, you will need and want a portfolio comprised of companies with the strongest, most resilient constitutions, companies that will recover from the plague to thrive another day to be that DOLLAR Millionaire up there.Liar





What are these companies with tough phundamendoz?

Safcom? KCB?, EABL? JUBILEE?



So as it stands, from the wazua 'foretellers' aka chartists et al what is the likelihood of KCB, SCOM & CENTUM turning green?


KCB and Safcom have solid phundamendoz, they will surely rise again.
Centum is too political and pyramidish!


CENTUM indeed is among the individual centred firms; DJ CK. He goes under you all go,he changes mind you all get affected. God forbid he cultivates cassava. He goes with his all ambitions. Its more hyped than it grows itself.

Buy Centum when the DJ and CEO go on a media hype spree, especially when Two Rivers opens officially...I remember the last media run, I doubled my cash sold at 84
whiteowl
#34 Posted : Tuesday, October 20, 2015 12:45:36 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
mlennyma wrote:
80% of my stock is kk,bought at 8-8.50,iam in the biggest dilemma in my nse life.9bob is showing resistance is it time to reduce or Kk was vaccinated against the Ebola in the nse?remember that kenya pipeline case which is half won my reasoning is that a stock that has not lost much may lack behind when others regain their earlier value


KK is the only stock I'm holding and it's my bear wildcard. Got in at same price range as you.If it tanks I'm ready to buy more else I can ride with what I have.For the stocks I exited like Britam, NIC,Panafric,NBK I've no regrets since they're far off from previous highs.
enyands
#35 Posted : Tuesday, October 20, 2015 12:52:03 AM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Impunity wrote:
Emerger wrote:
Impunity wrote:
aljazeera wrote:
Othelo wrote:
Impunity wrote:
aljazeera wrote:
Investors at the Nairobi bourse have lost another Sh60 billion in the last one month, extending the losses to Sh530 billion since prices of shares started falling seven months ago.
Standard Digital News - Kenya



Should this make me sleepless ?Sad Pray Anxious Brick wall Eh?



Most of my Dollar-Millionaire friends made their fortune during 2008 financial crisis, then I was not liquid enough and was not very savvy with the goings of the NSE...with the coming economic lull, I shall not miss this latest chance!

If the index could hit below 3000 by end of 2016, blue cheap firms will be dirt cheap...You only need to redeem your gaaament bills in time and delve in to the market fully...come 2007 Dec smile thank me millionaire!

DOLLAR MILLIONAIRE, sio KES/ZIM millionaire.



Obviously it does you NO good for the stock of a great company to go on sale if you're already fully invested and have no cash to buy new shares. For this I would love to hear @Obiero say something. Bear markets are a plague, and if you're going to be a long term investor, you will need and want a portfolio comprised of companies with the strongest, most resilient constitutions, companies that will recover from the plague to thrive another day to be that DOLLAR Millionaire up there.Liar





What are these companies with tough phundamendoz?

Safcom? KCB?, EABL? JUBILEE?



So as it stands, from the wazua 'foretellers' aka chartists et al what is the likelihood of KCB, SCOM & CENTUM turning green?


KCB and Safcom have solid phundamendoz, they will surely rise again.
Centum is too political and pyramidish!



@impunity Laughing out loudly must I come here to fish you out about your car? he he. anyway did you fix it
VituVingiSana
#36 Posted : Tuesday, October 20, 2015 5:36:51 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
littledove wrote:
mlennyma wrote:
80% of my stock is kk,bought at 8-8.50,iam in the biggest dilemma in my nse life.9bob is showing resistance is it time to reduce or Kk was vaccinated against the Ebola in the nse?remember that kenya pipeline case which is half won my reasoning is that a stock that has not lost much may lack behind when others regain their earlier value

we are in the same boat 90% of my holding currently is kk, I exited others early this year, I also exited almost half of kk to average down in case of a drop below 8 but it has refused to go down

KK -I am in it too since the days of Segman. Then added more as prices dropped. I am not worried since the 1H 2015 results were quite good and the commentary indicated that KK was cutting debt even further.
Better margins, lower debt, increased volumes... Good stuff.

KenRe - The recent jump in interest rates should benefit KenRe which is a cash-rich firm. As the regional insurance industry grows, so will KenRe. Warren Buffett likes reinsurance. VVS likes reinsurance.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#37 Posted : Tuesday, October 20, 2015 5:40:17 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
enyands wrote:
Boris Boyka wrote:
Impunity wrote:
Emerger wrote:
Impunity wrote:
aljazeera wrote:
Othelo wrote:
Impunity wrote:
aljazeera wrote:
Investors at the Nairobi bourse have lost another Sh60 billion in the last one month, extending the losses to Sh530 billion since prices of shares started falling seven months ago.
Standard Digital News - Kenya



Should this make me sleepless ?Sad Pray Anxious Brick wall Eh?



Most of my Dollar-Millionaire friends made their fortune during 2008 financial crisis, then I was not liquid enough and was not very savvy with the goings of the NSE...with the coming economic lull, I shall not miss this latest chance!

If the index could hit below 3000 by end of 2016, blue cheap firms will be dirt cheap...You only need to redeem your gaaament bills in time and delve in to the market fully...come 2007 Dec smile thank me millionaire!

DOLLAR MILLIONAIRE, sio KES/ZIM millionaire.



Obviously it does you NO good for the stock of a great company to go on sale if you're already fully invested and have no cash to buy new shares. For this I would love to hear @Obiero say something. Bear markets are a plague, and if you're going to be a long term investor, you will need and want a portfolio comprised of companies with the strongest, most resilient constitutions, companies that will recover from the plague to thrive another day to be that DOLLAR Millionaire up there.Liar





What are these companies with tough phundamendoz?

Safcom? KCB?, EABL? JUBILEE?



So as it stands, from the wazua 'foretellers' aka chartists et al what is the likelihood of KCB, SCOM & CENTUM turning green?


KCB and Safcom have solid phundamendoz, they will surely rise again.
Centum is too political and pyramidish!


CENTUM indeed is among the individual centred firms; DJ CK. He goes under you all go,he changes mind you all get affected. God forbid he cultivates cassava. He goes with his all ambitions. Its more hyped than it grows itself.



He is the Warren Buffett of kenya stock. I'm sure he is proud of that title

That's a stretch. Next you will call Merali a tycoon.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#38 Posted : Tuesday, October 20, 2015 5:45:04 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
streetwise wrote:
There is a time in the past when you could hardly find any share at NSE going for anything less than 20 bob.

Now I cant imagine how many are below 3 bob. I think this what they call a buyers market

Safaricom, KK, Mumias, Olympia, Barclays, Kenya Re, ADSS, FTGH, KPLC, KenGen, etc haven't been above 20 for a long time.
Be careful for those which have cratered may have a reason for doing so.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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