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Kenya top 5 blue chips stocks.
Rank: Elder Joined: 12/7/2012 Posts: 11,935
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obiero wrote:maka wrote:obiero wrote:The only stocks worth trading in 2017 Which one? BAT, JUB, SCOM, KCB & KQ 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: 2/22/2009 Posts: 2,449 Location: Africa
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FROM INVESTOPEDIA "A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.
The name "blue chip" came about because in the game of poker the blue chips have the highest value.
Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"
From the foregoing, I don't think KQ can be classified as a bluechip.
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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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Shak wrote:FROM INVESTOPEDIA "A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.
The name "blue chip" came about because in the game of poker the blue chips have the highest value.
Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"
From the foregoing, I don't think KQ can be classified as a bluechip. It's an emerging blue chip
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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BAT, Jubilee, Safaricom and Bamburu Probably Equity and KCB. 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: 2/16/2007 Posts: 2,114
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obiero wrote:Shak wrote:FROM INVESTOPEDIA "A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.
The name "blue chip" came about because in the game of poker the blue chips have the highest value.
Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"
From the foregoing, I don't think KQ can be classified as a bluechip. It's an emerging blue chip So,once KQ is in profit territory,there will be no turning back?In which case I will hold on to my 3500 shares..
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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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Chaka wrote:obiero wrote:Shak wrote:FROM INVESTOPEDIA "A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.
The name "blue chip" came about because in the game of poker the blue chips have the highest value.
Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"
From the foregoing, I don't think KQ can be classified as a bluechip. It's an emerging blue chip So,once KQ is in profit territory,there will be no turning back?In which case I will hold on to my 3500 shares.. @chaka everyone here agrees that the KQ losses have been artificial.. A plunder of resources occurred but we have steadied the plane and are now cruising towards greatness
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:Chaka wrote:obiero wrote:Shak wrote:FROM INVESTOPEDIA "A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.
The name "blue chip" came about because in the game of poker the blue chips have the highest value.
Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"
From the foregoing, I don't think KQ can be classified as a bluechip. It's an emerging blue chip So,once KQ is in profit territory,there will be no turning back?In which case I will hold on to my 3500 shares.. @chaka everyone here agrees that the KQ losses have been artificial.. A plunder of resources occurred but we have steadied the plane and are now cruising towards greatness Interesting possunt quia posse videntur
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