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How I'm surviving the brutal NSE bear run
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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The bear run at the NSE was first a slow grind until last week when that Bill brought a slaughter.
I actively started investing at the NSE whle still readng at UoN...thats from 2007 until now.
Because I was so deep in it...I used to run a popular blog which earned me regular spots in local & international publications
It all came to a stand still when I graduated from UoN and went back home...
Because of a busy schedule...I had to reduce my holdings at the NSE.
Like I started from the bottom at the NSE....when I came home I started a few ventures here in Namibia...I started a metering & car tracking company using my investments from the NSE
The two ventures have exploded & I'm very happy
But im back smiling...im loving this bear run....
If you have time & love being your boss...start a business venture out of the NSE especially in down turns...it really helps!
Watching your portifolio getting wacked can lead to stupid decisions
Stay true...integrity is number 1...say no to corruption.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@deal welcome back. I see the ulcers central has caught you attention Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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hisah wrote:@deal welcome back. I see the ulcers central has caught you attention Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium. When do you guys think we will see the "real" end of this downtrend in banks? Will it be in Q4 or well after the 2017 pols? Or will it next week? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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This one is not yet over.
Fist it was the bear run. The came warning by atleat 8 listed companies Then came Brexit. Then came interest caps Yet to come elections 2017.
Any way don't worry the shares will be in the range of cents you may accumulate and you wish
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Impunity wrote:hisah wrote:@deal welcome back. I see the ulcers central has caught you attention Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium. When do you guys think we will see the "real" end of this downtrend in banks? Will it be in Q4 or well after the 2017 pols? Or will it next week? The volume activity (financials) in coming weeks will decide the direction. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: New-farer Joined: 9/12/2014 Posts: 31
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Impunity wrote:hisah wrote:@deal welcome back. I see the ulcers central has caught you attention Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium. When do you guys think we will see the "real" end of this downtrend in banks? Will it be in Q4 or well after the 2017 pols? Or will it next week? The problem with most of the so-called "Investors" in this forum is that they are just short-term speculative traders looking for a cent here and a few shillings there in terms of capital gains. We need to focus more on whatever is happening now not in the context of how battered our portfolios are, but by how well-positioned we are in the face of this battering. Will KCB, COOP, EQTY, I&M et al sink into oblivion because of the Banking Amendment Bill? Certainly not. If you look at the same scenario in the long term, the bear is just doing what all bears do; offer you an opportunity to get more shares at hugely discounted prices. So if I may ask, you guys preferred buying Equity at Ksh. 40, KCB at Ksh. 32.50 etc last week but when the market offers the same to you at much lower prices you start whining and curse the bear? No wonder Michael Joseph said Kenyans are a peculiar lot. Five or so years from now, those who are whining about the bear will wish they were buying shares instead. And for guys wishing to take money out of the stock market and do business with, clearly you don't understand the essence of investing in the stock market; the bourse is where you keep money that you don't have immediate use for. If you are using business money (meant for active investments) to buy shares (passive investment), you're exposing yourself to paper loss. Stock market is for your savings...that's why it's a long term playstore.
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Rank: Elder Joined: 12/4/2009 Posts: 10,699 Location: NAIROBI
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Stock market is like your pension/retirement money not something you treat like monthly salary Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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streetwise wrote:This one is not yet over.
Fist it was the bear run. The came warning by atleat 8 listed companies Then came Brexit. Then came interest caps Yet to come elections 2017.
Any way don't worry the shares will be in the range of cents you may accumulate and you wish Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 3/15/2009 Posts: 359
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streetwise wrote:This one is not yet over.
Fist it was the bear run. The came warning by atleat 8 listed companies Then came Brexit. Then came interest caps Yet to come elections 2017.
Any way don't worry the shares will be in the range of cents you may accumulate and you wish In 2013 guys who were waiting to board after elections missed the bus, or they had to chase it for several km
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Mangs wrote:Impunity wrote:hisah wrote:@deal welcome back. I see the ulcers central has caught you attention Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium. When do you guys think we will see the "real" end of this downtrend in banks? Will it be in Q4 or well after the 2017 pols? Or will it next week? The problem with most of the so-called "Investors" in this forum is that they are just short-term speculative traders looking for a cent here and a few shillings there in terms of capital gains. We need to focus more on whatever is happening now not in the context of how battered our portfolios are, but by how well-positioned we are in the face of this battering. Will KCB, COOP, EQTY, I&M et al sink into oblivion because of the Banking Amendment Bill? Certainly not. If you look at the same scenario in the long term, the bear is just doing what all bears do; offer you an opportunity to get more shares at hugely discounted prices. So if I may ask, you guys preferred buying Equity at Ksh. 40, KCB at Ksh. 32.50 etc last week but when the market offers the same to you at much lower prices you start whining and curse the bear? No wonder Michael Joseph said Kenyans are a peculiar lot. Five or so years from now, those who are whining about the bear will wish they were buying shares instead. And for guys wishing to take money out of the stock market and do business with, clearly you don't understand the essence of investing in the stock market; the bourse is where you keep money that you don't have immediate use for. If you are using business money (meant for active investments) to buy shares (passive investment), you're exposing yourself to paper loss. Stock market is for your savings...that's why it's a long term playstore. It's hard to understand 'the sky is falling' kind of attitude currently engulfing the market. We should be celebrating the low/lower prices. Other than crunching numbers, deducing charts or any other type of analysis, steely nerves are vital if one is to survive and thrive in the market. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Member Joined: 1/3/2007 Posts: 23
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@wangs, the investors are factoring reduced future earnings and that's why the banking stocks are not as they were before the new law. So it cannot be argued that the market is offering lower prices for the same goods.
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist. What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night. Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream. How are you surviving? Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 12/4/2009 Posts: 10,699 Location: NAIROBI
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Fyatu wrote:I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.
What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.
Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.
How are you surviving?
We chose counters/portfolio well so having good sleeps at night.Losses are manageable Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Ericsson wrote:Fyatu wrote:I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.
What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.
Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.
How are you surviving?
We chose counters/portfolio well so having good sleeps at night good for you and the others mentioned in "we". Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Fyatu wrote:Ericsson wrote:Fyatu wrote:I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.
What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.
Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.
How are you surviving?
We chose counters/portfolio well so having good sleeps at night good for you and the others mentioned in "we". As @mugundaman would say keep off from that NSE casino and instead invest huko dustbowl and you will be sleeping like a baby.
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Rank: New-farer Joined: 5/19/2014 Posts: 68 Location: Migori
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Fyatu wrote:Ericsson wrote:Fyatu wrote:I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.
What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.
Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.
How are you surviving?
We chose counters/portfolio well so having good sleeps at night good for you and the others mentioned in "we". Cash is extremely hard to come by. Was at 35% down on average at some point. Came by a little cash and averaged down KCB from a high of 51 to 42. The rest of the counters are doing badly but now at least i'm at an improved situation of 20% down. I am not looking to add any new cash to the NSE but i will hold to what i have currently. Learning to sit on my hands
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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hardwood wrote:Fyatu wrote:Ericsson wrote:Fyatu wrote:I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.
What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.
Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.
How are you surviving?
We chose counters/portfolio well so having good sleeps at night good for you and the others mentioned in "we". As @mugundaman would say keep off from that NSE casino and instead invest huko dustbowl and you will be sleeping like a baby. Guessing you are a bachelor or you have outsourced baby care to your wife or house girl
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Fyatu wrote:Ericsson wrote:Fyatu wrote:I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.
What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.
Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.
How are you surviving?
We chose counters/portfolio well so having good sleeps at night good for you and the others mentioned in "we". i am 35% down because of CIC and NIC and NIC seems to be headed even lower .
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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invested in bear defenders BBK/ABSA Safaricom - 34.41% of portfolio KCB Akota Stanchart Kidogo - Wazee hukumbuka Coop Stanchart Achwaka Of course ARM burnt me to recognition when i went in for speculation juzi juzi tu. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Angelica _ann wrote:invested in bear defenders BBK/ABSA Safaricom - 34.41% of portfolio KCB Akota Stanchart Kidogo - Wazee hukumbuka Coop Stanchart Achwaka Of course ARM burnt me to recognition when i went in for speculation juzi juzi tu. Poleni... possunt quia posse videntur
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