Hey guys,

I am just but a beginner on stocks trading and I purchased my first stock;WTK @ 172 earlier this week.

My first rule of thumb is to not pick a share that does not have a dividend offering. This is because if I lose on capital gains, at least the dividends even out brokerage fee or cover some of the loses.


Picks

BBK - Current Price: Kshs 10.40
-32% over the past year
-24.36% over 6months
-18.11% over 3months
-0.48% over 1month

5.4b shares available

DivYld: 9.6%

NIC - Current Price: Kshs 37.50

0.67% gain over past day -
No change over the past week
-2.60% loss over the past month
-6.25% loss over the past 3 months
-10.71% loss over the past 6months
-31.19% loss over the past year

639.9 M shares available
3.3 % DivYld

I am willing to get in at Kshs 36

They have very good mobile banking, customer care and I don't really see any people exiting to other banks.

Perhaps they may even claim some of Chase Bank customers as a go to SME bank

KAPC - Current Price - Kshs 80
-31% over 1yr
-54% over 6months
-15.79% over the last 3months
-10.11% over the last month
-5.33% over the last week

DivYld 6.3%
7.8M shares available

With increasing debt plus upcoming elections, the shilling with probably keep getting weaker or at the current constant with the dollar which means that profits from tea sales with only keep getting better.

The opening of the tea market in Iran coupled with predicted short falls of rain will probably lead to shortage hence boosted tea prices.

Looks like there is some room to fall a bit further so I am waiting to pick it up at maybe Kshs 75/=

KCB - Current Price Kshs 41.75

-28.63% Over the past year
1.83% gain over 6months
4.38% gain over 3months
-1.76% loss over 1month
2.45% gain over the past week
1.83% gain over the past day

DivYld 4.8%
3bn shares available

This looks to have stagnated at the 40kshs price. Forecasts would seem to be very good especially after good handling of the Chase bank receivership which did not experience as much exit after reopening. Also considering a sizeable percentage that ran away before escaped to KCB :/

KCB MPESA micro loans are only going to keep getting better

I am willing to pick this as soon as it touches Ksh 39

I am thinking of accumulating WTK, KAPC, KCB in that order during this bear run maybe till Sep and then sell everything next year.

WTK and KAPC are seasonal hence this I must dump immediately after I get my dividends or when capital gains are too high


What do you guys think? I am very interested especially in critic

Very helpful observation @sparkly as most of us are greedy for even little short term returns.

Need to reduce your buying target prices and hold tight