Wazua
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Dumb investor...Thats me....KCB at 32.25
Rank: Elder Joined: 2/16/2007 Posts: 2,114
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@Sparkly,
Yes it is ,I just received it,thanks
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Chaka wrote:@Sparkly,
Yes it is ,I just received it,thanks spread the gospel  Life is short. Live passionately.
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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@sparks ... Thanks a bunch, I really appreciate.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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kizee wrote:anyway...if u guys wish to continue averaging then thats up to u no need to flog a dead horse here...im outta here @kizee are you hard for hearing??? i said that if a company's price is falling because it is doing badly then one shouldnt average but if there is NO FUNDAMENTAL reason why the stock is falling why wouldnt one average... eg When KPLC was @ 98bob KQ @ 17 bob JHL @ 80bob Mumias @ 3bob there was no reason for these stocks to trade at these prices but they were hence a Warren Buffet would take that chance Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Gems wrote:@guru267, If i get you, you saying i should sell KCB shares now? All 10000 and loss money, since i bought at 32.25 and 27 (average 29) and sell at around 18. @Gems normally i wouldnt advise one to sell at a but it might take one or two years for KCB to get back to your average buy price and i dont think its worth the wait especially with some of the bargains on the NSE that can help you re coup your losses Mark 12:29
Deuteronomy 4:16
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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I think whoever is still holding KCB is literally commiting financial suiside.Can u please bail OUT.... this stock i headed for Ksh 10.00 thereof. @the deal i totally feel you.i think very many people will be burned by this share when it hits rock bottom.The cue to dump this share shld have come when it hit Ksh 19.00 atleast for me. With such bad sentiments on this bank is it still debatable that the rights issue has failed even before it has started ???????? Get out !!!!!!!!!!!!!!!!!!!! Your future depends on your dreams so go to sleep !
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Govmusili wrote:damn i thought i was dumb 4 buying kq @54, the rights issue should reduce kcb price u should add more @ 18 and bring down ur avrge cost
KQ @54 is good. I just hope for your sake they get their act right and you'll be laughing all the way.
BBI will solve it :)
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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And you guys better keep your eyes open for Safaricom. A share price always catches up with good results and this is what's happening to Safaricom......Ksh 6.10 isnt very far. Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Sparkly, wazi jo! GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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sparkly wrote:Post your email and i will send you the e-book free of charge.
@ Sparkly - Kindly email me the e-book. I really need to read this book. Warren Buffet says it's the best investment book ever written. And I have a habit of taking him seriously!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 2/20/2007 Posts: 359
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@Dumb investor
I bought KCB at 27 and failed to sell at the 32/33 peak of 2008 when u entered. I still have them.
Listen to the advice here with one ear closed. Those who do not have KCB, will urge a sell, dump, no taking rights so the price can get closer to a desirable entry point for them.
Those who have it, like me will advise a HOLD and Averaging as the KCB fundamentals are not impaired in any way. Why sell and buy other "lucrative" deals whose future u do not know for sure? do that still but with new funds. U asked for advise, do;
1.like me, by hanging on to the 10,000 but forget them for another two years or even 3. Divs are not bad at all.
2.like those advising u to dump, only don't dump, but average down when others dump and this category of advisers start entering....but the price has to be really low for this option...considerably below 17... otherwise,
3. use your new funds on other counters such as KPLC when the time comes..
either way, stay put, KCB as a business is as sound as when you bought in, if not better!
@sparkly
hata mimi tafadhali at slykatua at yahoo dot co dot uk.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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MaichBlack wrote:sparkly wrote:[quote=Gems]
Post your email and i will send you the e-book free of charge.
@ Sparkly - Kindly email me the e-book. My email address is maichblack07@yahoo.comI really need to read this book. Warren Buffet says it's the best investment book ever written. And I have a habit of taking him seriously!!! Check your inbox GOD BLESS YOUR LIFE
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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I downloaded this book "Intelligent Investor" from torrent sites. About 35 Mb . Just from the first page - the Preface- it gets you glued.Its actually the 1934 Edition.RAW . Just the way Benjamin Franklin wrote it.I love that guy. For the tech savvay here the torrent address link to the ebook. ::: http://torrents.thepirat...am_-_Security_Analysis_(1934_edition).pdf.5063567.TPB.torrent Enjoy 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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qw25041985 wrote:I downloaded this book "Intelligent Investor" from torrent sites. About 35 Mb . Just from the first page - the Preface- it gets you glued.Its actually the 1934 Edition.RAW . Just the way Benjamin Franklin wrote it.I love that guy. For the tech savvay here the torrent address link to the ebook. ::: http://torrents.thepirat...am_-_Security_Analysis_(1934_edition).pdf.5063567.TPB.torrent Enjoy Erm, Benjamin Franklin (another brilliant investor & certified genius wrote Poor Richard's Almanac) You are thinking of Ben Graham... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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qw25041985 wrote:I downloaded this book "Intelligent Investor" from torrent sites. About 35 Mb . Just from the first page - the Preface- it gets you glued.Its actually the 1934 Edition.RAW . Just the way Benjamin Franklin wrote it.I love that guy. For the tech savvay here the torrent address link to the ebook. ::: http://torrents.thepirat...am_-_Security_Analysis_(1934_edition).pdf.5063567.TPB.torrent Enjoy send me a copy @ youngvet07@gmail.com...dont be like @sparkly u knw he is bias to the female gender...LoL...
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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@ Gems - I always ask people one question at a time like this. Do you have a better counter, one that you understand and believe will perform extremely well in mind? Then you can cut your losses and take your money there. In your case, I don't believe you have (from your question on the best counter to put your balance in). I would suggest you stay put, don't take up your rights, wait for the share price to drop significantly and then average down at that point - as the rest of us are getting in. KCB is not about to collapse. But you can be sure the share price will drop further before rising! I'm sure some Wazuarian will ask why you should simply not sell the shares (at approx 18.5) and then use the same money (plus some more) to get back in at a lower price - say 14 - 15. To that I have no answer. I find it hard to accept a loss and thereby choose to hold (for a long time) if the fundamentals are right. Best approach? Of course not. But that's how I do it. To be honest with you, this KCB share is a terrible thing to have at the moment. Most of us are just lucky we are not in. If we were we would be probably more confused than you! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 2/20/2007 Posts: 359
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@MaichBlack
...Wazuarian will ask why you should simply not sell the shares (at approx 18.5) and then use the same money (plus some more) to get back in at a lower price - say 14 - 15. To that I have no answer.
The answer is under your nose actually .... it is only 14-15 post-facto. Otherwise, it is rightly x-y, *unknowns*.
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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youcan'tstopusnow wrote:Check your inbox Thanks alot. I got it. God bless. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 4/16/2008 Posts: 16 Location: California. US
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@Sparkly, My email trixy95@yahoo.com thank you @Kyukkamba, I would like to know more about Nomura acct if you dont mind sharing more. thank you
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Rank: Member Joined: 5/3/2010 Posts: 145 Location: East Africa
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People thanks for being generous with the book. I need a copy, please. Email is msue006@live.com
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Dumb investor...Thats me....KCB at 32.25
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