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What was your worst mistake in trading.
Rank: Veteran Joined: 1/20/2011 Posts: 1,822 Location: Nakuru
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I blame myself for not taking action when i watched an interview of Ngunze(KQ) on KTN business who was saying that after the restructuring/reforms/leasing and selling that KQ did recently, the airline is now saving US$ 8 mirrions per month(roughly 800 millions). I did quick Carey Francis and saw that in 2 yrs(2018), buoyed by a peaceful erections and fully recovered tourism industry this thing will be in a profit zone of 10 billions Kenyan shillings. I want to cry when i remember kshs. 3.30. Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Fyatu wrote:I blame myself for not taking action when i watched an interview of Ngunze(KQ) on KTN business who was saying that after the restructuring/reforms/leasing and selling that KQ did recently, the airline is now saving US$ 8 mirrions per month(roughly 800 millions). I did quick Carey Francis and saw that in 2 yrs(2018), buoyed by a peaceful erections and fully recovered tourism industry this thing will be in a profit zone of 10 billions Kenyan shillings. I want to cry when i remember kshs. 3.30. All is not lost. You will have your day @ Ksh. 3.30 again!! # kujifichiwoPesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/7/2012 Posts: 11,941
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Pesa Nane wrote:Fyatu wrote:I blame myself for not taking action when i watched an interview of Ngunze(KQ) on KTN business who was saying that after the restructuring/reforms/leasing and selling that KQ did recently, the airline is now saving US$ 8 mirrions per month(roughly 800 millions). I did quick Carey Francis and saw that in 2 yrs(2018), buoyed by a peaceful erections and fully recovered tourism industry this thing will be in a profit zone of 10 billions Kenyan shillings. I want to cry when i remember kshs. 3.30. All is not lost. You will have your day @ Ksh. 3.30 again!! # kujifichiwo Zingine hata ifike 200 bob I cannot shade a tear, never ever. Playing with Russian roulette  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: 6/23/2009 Posts: 14,341 Location: nairobi
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Pesa Nane wrote:Fyatu wrote:I blame myself for not taking action when i watched an interview of Ngunze(KQ) on KTN business who was saying that after the restructuring/reforms/leasing and selling that KQ did recently, the airline is now saving US$ 8 mirrions per month(roughly 800 millions). I did quick Carey Francis and saw that in 2 yrs(2018), buoyed by a peaceful erections and fully recovered tourism industry this thing will be in a profit zone of 10 billions Kenyan shillings. I want to cry when i remember kshs. 3.30. All is not lost. You will have your day @ Ksh. 3.30 again!! # kujifichiwo The retract may appear but even KES 5.50 may be difficult to revisit. Tomorrow the 10% daily limit will be broken. On this I could bet my left appendix. Expect volume to peak as we careen towards double digits COOP, IMH, KEGN, MTNU
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Pesa Nane wrote:Fyatu wrote:I blame myself for not taking action when i watched an interview of Ngunze(KQ) on KTN business who was saying that after the restructuring/reforms/leasing and selling that KQ did recently, the airline is now saving US$ 8 mirrions per month(roughly 800 millions). I did quick Carey Francis and saw that in 2 yrs(2018), buoyed by a peaceful erections and fully recovered tourism industry this thing will be in a profit zone of 10 billions Kenyan shillings. I want to cry when i remember kshs. 3.30. All is not lost. You will have your day @ Ksh. 3.30 again!! # kujifichiwo The retract may appear but even KES 5.50 may be difficult to revisit. Tomorrow the 10% daily limit will be broken. On this I could bet my left appendix. Expect volume to peak as we careen towards double digits When volumes are huge there should be a sense of confidence. Since the beginning of this rally daily volumes have been always large more than 200% above average. Bullish sign. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 1/22/2015 Posts: 682
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Guy in today's Nation crying about how he bought Home Afrika and Atlas on day one http://www.nation.co.ke/...ket/996-3421082-tirqa4z/
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Is that the famous Chami? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
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sparkly wrote:Angelica _ann wrote:ARAP CHARLES wrote:I sat and watched KQ share touching 3.30cts. without even bothering to imagine if one buys at this price what happens... basically 7.00 is so obvious tomorrow. my statement is Wasua Forum is for a high IQ fellows.. period.. People have seen this fall from 132 bob to 3.5 bob!!!!! @Obiero has misled many that KQ is a blue chip. Ona sasa COOP, IMH, KEGN, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
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obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:obiero wrote:obiero wrote:kiash wrote:obiero wrote:obiero wrote: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 @kiash bwana.. unanibandikia stocks mwitu :) Sorry @Obiero but i like your list No worries @Kiash.. I like the list too.. Try to keep losses to a minimum, but remember one has to be ready to see dwindling positions from time to time. All the best @ebenyo hope this answers you on the entry prices. And for those who claim I have made KES 10,833 per month over 10 yrs, you dont know even a quarter of my Story, which is well documented right here on wazua where I inform all buy/sell decisions. Plus most of my active/large purchases such as KCB & KQ happened 2yrs ago. Stocks are a good way of passive Investment. Those who are in property acquisition / building know what I mean On Safaricom I leapt out at precisely the wrong time.. Must be the worst mistake I ever made in trading Certainly not. you only lost 22k but lost 230k on KQ @sparkly opportunity cost, my friend. how much would have been gained if I dint sell out short. on KQ, the loss was averaged down in the second round of purchase and I am still a shareholder in the firm so I cannot say that all is lost.. The bloody thing may rise :) you made good trades on KCB, SBU, BLR and others but fuc**d up on KQ. Kubali tu yaishe. Can we revisit this thread in June 2017..Inshallah No please, revisit with @vvs OK. Usituwache lakini :) @obiero wrote on post #237 July 30, 2016. Now we approach June 2017. Sooner or later everyone realises the markings of a real prophet COOP, IMH, KEGN, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
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 decided to update the table showcasing change in my worst trade, which at the moment is quickly turning out to be none other than HF, a stock I once sold, then sadly got sucked back in by a terrible case of dejavu.. a regrettable decision COOP, IMH, KEGN, MTNU
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