Wazua
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Guys i need to invest around 300,000/- please advise in which counters to ivnvest?
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Rank: New-farer Joined: 3/30/2010 Posts: 15 Location: Nairobi
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@Funky:
ru looking at short-term or long term?
Short-term:
Equity bank,Williamson Tea,Kakuzi.....
Long-term:
Total,Mumias,Co-op,Kenol,Jubilee,KQ....
The fundamentals in the counters remain favorable!
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Rank: Veteran Joined: 11/30/2006 Posts: 635
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buy vuvuzelas and resell them.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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@FUNKY since i'm primarily more of a long term investor than a trader i would advise you put that 300k in only two or three companies for the long term so as to enjoy both capital gains and dividend yield optimally any of these would do the trick if you hold for 3 years plus: 1.mumias 2.KK 3.Jubilee(if you choose this one try get in cum bonus) 4.NIC bank 5.ARM 6.Equity Have fun making money!! Mark 12:29
Deuteronomy 4:16
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Thank you all for the advice,however,i need to invest short term and get out of it in around 2-3months. Any news bt CMC MOTORS?..they are goin to release their 6 month results soon and i got news its going to be really good their price might shoot up2 17-18
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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If you have done your research well and are sure CMC will do well at half year why bother asking for advice?
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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I agree with @cnn Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
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Cnn n vvs r two rude emotional know-it-alls. Im sure u two can hardly stomach the same if directed 2u. Dude is simply seeking advice. PS, I got no advice. TULIA.........UFUNZWE!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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@funky my advice is that you cannot "invest" in stocks for 2-3 months. commissions of 15k to buy and sell, the market may fall due to global economic uncertainty, stocks are volatile. Only way to make money in stocks is to build a diversified portifolio, reinvest gains and dividends. Life is short. Live passionately.
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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I believe you cn invest in co-op , cmc , and kakuzi for short term period. But watch out for CO-OP bank. I believe next week it'll make big share price moves. The same goes for kakuzi. Watch out. I think you know the reason. Happy investing. Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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simonkabz wrote:Cnn n vvs r two rude emotional know-it-alls. Im sure u two can hardly stomach the same if directed 2u. Dude is simply seeking advice. PS, I got no advice. Nonsense... jamaa has a hot 'tip' & wants us to believe him... Read his CMC comment... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 6/2/2010 Posts: 1,069
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I agree with Sparkly; stay away from the stock market if your investment time frame is 2-3 months only. Because what you are otherwise doing is NOT called investment, it is called gambling.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Bodo wrote:@Funky:
ru looking at short-term or long term?
Short-term:
Equity bank,Williamson Tea,Kakuzi.....
I beg to differ. I don't think WTK and Kakuzi are short term. I doubt if Equity at the current status can be termed as short term too. Anyway, with 300k I would put it in KPLC, Kenol or SCOM before books close for a guaranteed 10k or so dividend.
BBI will solve it :)
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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My 2 cents wrote:I agree with Sparkly; stay away from the stock market if your investment time frame is 2-3 months only. Because what you are otherwise doing is NOT called investment, it is called gambling. @my 2 cents he should do the 91 day Treasury Bill. Life is short. Live passionately.
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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Surely, isn't better to spend two or three hours researching stocks and then come here to validate your choices rather than looking for ways to throw your money? The Governor of Nyeri - 2017
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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FUNKY wrote:Thank you all for the advice,however,i need to invest short term and get out of it in around 2-3months. @FUNKY you're definitely playing with fire here!!! its pure gambling to come for 2 months... even professionals rarely pull that move let alone with 300k but your choice... you may want to gamble with mumias, or KK Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 10/1/2007 Posts: 232
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Nowadays investing in stocks needs a three dimension strategy. Most counters are ataining their true values, leaving little room for capital gains. The time to buy CMC was in march. Joining the race on the last lap will burn you out. A good example is what happened to centum, mumias and safaricom. Profit taking started earlier even before the official release of the end year results. Adjust your time limit to six months and pump some money in the forgotten counters like HFCK, NIC,Acc,
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Rank: New-farer Joined: 6/16/2010 Posts: 3 Location: Los Angeles
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Good startergy. I think the stock can be held on to patiently for a long time but to be watchful is very importation.
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Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI
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@funky contact me at pjephraim@gmail.com, maybe we cn pull sth 2gthr. Discipline & sticking to your strategy even when you loosing defines great traders.
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