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What was your worst mistake in trading.
Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:Swenani wrote:kryptonite wrote:sparkly wrote:muandiwambeu wrote:obiero wrote:jerry wrote:@maundiWambeu, When you sense that a stockbroker is going under you don't liquidate your stock, you buy shares with remaining cash. When a company is going under, you sell shares. Makes some sense That was then. I said lessons were plenty. 1. CDSC was and probably will be sleeping high_no updates of what really your holding is. 2. reliable and not perfect information was scarce. It was acknee to digging for gold in kakamega 3. How advanced cancer was in dsl was fizzy. 4. I had a paying banker and I would have been better off with cash. Cash was king any day then. Luckilys enough is was incarcerated on a greater average in stocks for all well documented. Had it been in cash(sold stocks or cash balances or unaccounted bought stocks) I would been deep in real shot. Luck was with me any day then and i was lucky but lessons were many. I feel nse may have to suffer some kind of nukes fire works to see such kind of value plays again. One just needed to rob a bank coz you would afford both fines penalties and pay damages and keep you balance by end of trial. Dsl robbed it's clients that golden chance and paid without penalties or fines 2to 3yrs later. Are you posting in Kiembu then translating to English with a cheap software   Laughter, does not come cheap, had I had sparkly pull a smart one on me in 2011, I would have saved on chill pills and cold tusker and I wouldn't be with a cheap one. @obiero cheerful! What else would I expect at wazua any day.  ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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muandiwambeu wrote:obiero wrote:Swenani wrote:kryptonite wrote:sparkly wrote:muandiwambeu wrote:obiero wrote:jerry wrote:@maundiWambeu, When you sense that a stockbroker is going under you don't liquidate your stock, you buy shares with remaining cash. When a company is going under, you sell shares. Makes some sense That was then. I said lessons were plenty. 1. CDSC was and probably will be sleeping high_no updates of what really your holding is. 2. reliable and not perfect information was scarce. It was acknee to digging for gold in kakamega 3. How advanced cancer was in dsl was fizzy. 4. I had a paying banker and I would have been better off with cash. Cash was king any day then. Luckilys enough is was incarcerated on a greater average in stocks for all well documented. Had it been in cash(sold stocks or cash balances or unaccounted bought stocks) I would been deep in real shot. Luck was with me any day then and i was lucky but lessons were many. I feel nse may have to suffer some kind of nukes fire works to see such kind of value plays again. One just needed to rob a bank coz you would afford both fines penalties and pay damages and keep you balance by end of trial. Dsl robbed it's clients that golden chance and paid without penalties or fines 2to 3yrs later. Are you posting in Kiembu then translating to English with a cheap software Laughter, does not come cheap, had I had sparkly pull a smart one on me in 2011, I would have saved on chill pills and cold tusker and I wouldn't be with a cheap one. @obiero cheerful! What else would I expect at wazua any day. I love you too man
KQ ABP 4.26
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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obiero wrote:Aguytrying wrote:@Obiero. Believe it or not my portfolio is in the green this year. The stocks I hold- TPS, KK, BAMB have have not dropped that much compared to the beginning of the year, BAMB intact is higher.This is because their prices were already depressed even when the bear struck. Add dividends( which I reinvest every last cent) and interest from bonds I'm profitable this year.around 6%. Despite NSE being 22% down. Good for you bro. So u compare beginning of the year to current market value, or your initial buy price Both. But more emphasis on the financial calendar year performance, I concentrate on the whole portfolio. So whenever a stock was bought, it will be captured at that final year performance report. For the individual stock is just a glance, at the stocks portfolio. Where I know for example kk is down almost 10%. Capital gain/loss wise without dividends. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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in the continued spirit of wazua openess. see below my portfolio of all trades since joining the NSE in 2005 with first purchase being 100 HFCK shares. also included are Uganda and Rwanda stock purchases, that have since been liquidated in full 
KQ ABP 4.26
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Rank: Member Joined: 6/15/2013 Posts: 301
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obiero wrote:in the continued spirit of wazua openess. see below my portfolio of all trades since joining the NSE in 2005 with first purchase being 100 HFCK shares. also included are Uganda and Rwanda stock purchases, that have since been liquidated in full A net gain of 1,235,621 over 10 years if I am not wrong. Fellow wazuans anyone doing better? Anyone hit 5m realised capital gains?
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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mulla wrote:obiero wrote:in the continued spirit of wazua openess. see below my portfolio of all trades since joining the NSE in 2005 with first purchase being 100 HFCK shares. also included are Uganda and Rwanda stock purchases, that have since been liquidated in full  A net gain of 1,235,621 over 10 years if I am not wrong. Fellow wazuans anyone doing better? Anyone hit 5m realised capital gains? Its actually KES 1,246,961.. There could be some doing better, chaps like @stocksmaster @minto @muganda @guru267 @mwekez@ji *HFCK 2 had been transposed as 3,100 while holding is actually 1,300. The '2' indicative of stocks that I have re-entered after having initially offloaded
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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just got confirmation that my buy order of 500 additional KQ went through.. slow but steady build up, with ear critically to the ground. investment horizon of atleast 2 years, forecasting minimum exit price of KES 17.. i urge no one to follow me, hii inaitwa high octane investment strategy.. never invest money that u cannot afford to loose
KQ ABP 4.26
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:just got confirmation that my buy order of 500 additional KQ went through.. slow but steady build up, with ear critically to the ground. investment horizon of atleast 2 years, forecasting minimum exit price of KES 17.. i urge no one to follow me, hii inaitwa high octane investment strategy.. never invest money that u cannot afford to loose Good idea to post this "progress"in the worst stock investment thread. Life is short. Live passionately.
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Rank: User Joined: 1/20/2014 Posts: 3,528
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sparkly wrote:obiero wrote:just got confirmation that my buy order of 500 additional KQ went through.. slow but steady build up, with ear critically to the ground. investment horizon of atleast 2 years, forecasting minimum exit price of KES 17.. i urge no one to follow me, hii inaitwa high octane investment strategy.. never invest money that u cannot afford to loose Good idea to post this " progress"in the worst stock investment thread.  Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Not trading If Obiero did it, Who Am I?
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What was your worst mistake in trading.
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