sparkly wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse.
Imagine if you bought the following NSE 'Blue Chips' and went away:
1. A Baumann
2. African Lakes Corporation.
3. African Tours and Hotels Ltd
4. Atlas Africa.
5. Brooke bond Kenya Ltd.
6. Chancery Investment Ltd.
7. City Brewery Investments Ltd
8. Consolidated Holdings Ltd.
9. E. A. Bag & Cordage Co.Ltd.
10. E. A. Oxygen Ltd.
11. E. A. Packaging Industries Ltd.
12. E. A. Road Services Ltd.
13. East African Packaging Ltd
14. Elliot’s Bakery Ltd.
15. Hutching Biemer
16. Kenstock Ltd.
17. Kenya Co-operative Cremaries.
18. Kenya Finance Corporation.
19. Kenya Hotels Ltd.
20. Kenya National Mills Ltd.
21. Kenya Planters Co-operative.
22. Motor Mart Group Ltd.
23. Ol Pajeta Ranching Ltd.
24. Pearl Dry cleaners Ltd.
25. Philips Harrison & Crossifield.
26. Sofar Investment Ltd.
27. Theta Group Ltd.
28. TimSales
29. Unilever Kenya Ltd
Pesa Nane plans to be shilingi when he grows up.