VituVingiSana wrote:obiero wrote:Ebenyo wrote:gatoho wrote:So who did @stockmaster become?
Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions.
True. Traders are not good people. Wealthy are those who go long term.. Even with a KES 1 DPS from KQ, I shall take home KES 168,000 as of current shareholding.. There come a time
Less 100k.
KQ cannot pay a dividend until it has brought the NEGATIVE Equity account back to zero. That's a KES 30bn hole first...
Before @Obiero gets 1/= dividend from KQ, Equity will be paying me 20/= dividend per share. And between now and then, I will be getting a dividend of between 2/= and 20/= (Gradual annual increase).
Tafakari hayo Ndugu Jero. Oh, sorry. Ndugu @Obiero.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.