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Q4 2018: Stock Market Open Season: All hands on deck
Rank: Member Joined: 3/26/2012 Posts: 830
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As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:- -KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well. -Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer. Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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S.Mutaga III wrote:As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Did you sell off your other holdings like Total. Life is short. Live passionately.
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Rank: Member Joined: 3/26/2012 Posts: 830
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sparkly wrote:S.Mutaga III wrote:As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Did you sell off your other holdings like Total. Sold at 32.25 here: http://wazua.co.ke/forum.aspx?g=posts&m=828017A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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S.Mutaga III wrote:As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Add a few more counters to this list, I find it too narrow For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Member Joined: 3/26/2012 Posts: 830
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winmak wrote:S.Mutaga III wrote:As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Add a few more counters to this list, I find it too narrow This is just a reconnaissance exercise. It is not a means to an end. I am sure that as prices tumble, more counters will come into focus. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: New-farer Joined: 9/20/2010 Posts: 79
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karibu sana @s.mutaga III,all the best in your picks.
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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Kalameni wrote:karibu sana @s.mutaga III,all the best in your picks. There's a resurrection of the old wazuans.. Waiting for @stocksmaster @guru267 @muganda @minto
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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S.Mutaga III wrote:sparkly wrote:[quote=S.Mutaga III]As most of you have noticed, stock prices are plummeting on a daily basis. Perhaps failure to amend the rate cap law has made foreign investors get cold feet. Or maybe the huge debt GOK is taking on has alarmed most investors triggering a selloff. The truth is, we cant tell. A quick glance at the prices and it is obvious that Christmas might come early for bargain hunters. My investment strategy entails buying value companies with good dividend yields. Therefore, although I haven't pulled the buy trigger yet, I have my eyes on the following counters:-
-KCB:- At a dividend yield of over 7% and a PE of 6.4, I will watch this one closely. I like the PAT growth as well.
-Longhorn:- At a dividend yield of over 8%, PE of about 7 and 20%+ profit growth every year for the last two years, this one is a no-brainer.
Currently, my eyes are on those two companies as I dig up more information about them to get a sharper focus. I expect to pull the buy trigger soon (month or two) and to start averaging down as the bear market offers better prices. Happy hunting. Did you sell off your other holdings like Total. Sold at 32.25 here: http://wazua.co.ke/forum...px?g=posts&m=828017[/quote] seems you are the real deal on this market. some of us who held on are looking at 20% paper losses already and still going But worse is no money to buy at lower prices
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Rank: New-farer Joined: 9/20/2010 Posts: 79
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@obiero seems smutiga III is picking up well from stocks master.May wazua have more traders/investors.
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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Kalameni wrote:@obiero seems smutiga III is picking up well from stocks master.May wazua have more traders/investors. Yes. The guy tries and I love his open style of indicating purchase price and time frames
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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obiero wrote:Kalameni wrote:@obiero seems smutiga III is picking up well from stocks master.May wazua have more traders/investors. Yes. The guy tries and I love his open style of indicating purchase price and time frames He spoilt his reputation by going into bitcoins against the advise of CBK. Towards the goal of financial freedom
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Rank: Member Joined: 3/26/2012 Posts: 830
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Ebenyo wrote:obiero wrote:Kalameni wrote:@obiero seems smutiga III is picking up well from stocks master.May wazua have more traders/investors. Yes. The guy tries and I love his open style of indicating purchase price and time frames He spoilt his reputation by going into bitcoins against the advise of CBK.  I went into crypto because I wanted to learn. I did learn, made money and lost money too before knowing how to take short positions using futures. The only reason I stopped posting about crypto is because I realized most wazuans are against crypto as a whole. It was a whole new experience learning how to trade bitcoin futures. Again, in speculation (not investment), you only risk what you can afford to lose. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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It appears you lost more than you gained 
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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S.Mutaga III wrote:Ebenyo wrote:obiero wrote:Kalameni wrote:@obiero seems smutiga III is picking up well from stocks master.May wazua have more traders/investors. Yes. The guy tries and I love his open style of indicating purchase price and time frames He spoilt his reputation by going into bitcoins against the advise of CBK. I went into crypto because I wanted to learn. I did learn, made money and lost money too before knowing how to take short positions using futures. The only reason I stopped posting about crypto is because I realized most wazuans are against crypto as a whole. It was a whole new experience learning how to trade bitcoin futures. Again, in speculation (not investment), you only risk what you can afford to lose. So what was your net position after all this? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/26/2012 Posts: 830
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VituVingiSana wrote:S.Mutaga III wrote:Ebenyo wrote:obiero wrote:Kalameni wrote:@obiero seems smutiga III is picking up well from stocks master.May wazua have more traders/investors. Yes. The guy tries and I love his open style of indicating purchase price and time frames He spoilt his reputation by going into bitcoins against the advise of CBK. I went into crypto because I wanted to learn. I did learn, made money and lost money too before knowing how to take short positions using futures. The only reason I stopped posting about crypto is because I realized most wazuans are against crypto as a whole. It was a whole new experience learning how to trade bitcoin futures. Again, in speculation (not investment), you only risk what you can afford to lose. So what was your net position after all this? I actually recovered my money and I'm 21% up now after learning how to short. But I wouldn't advise risking more than you are ready to lose in crypto. That space is extremely volatile. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: New-farer Joined: 12/23/2018 Posts: 38 Location: germany
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You are great. It's quite hard to recovery and 21% up because you have strong mindset and control over emotion. I will try my best on my year 2019 too.
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