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Dumb investor...Thats me....KCB at 32.25
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Chaka
#41 Posted : Tuesday, June 22, 2010 4:19:46 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
@Sparkly,
Yes it is ,I just received it,thanks
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sparkly
#42 Posted : Tuesday, June 22, 2010 4:23:37 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Chaka wrote:
@Sparkly,
Yes it is ,I just received it,thanks


spread the gospelsmile
Life is short. Live passionately.
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The Merchant
#43 Posted : Tuesday, June 22, 2010 4:36:42 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
@sparks ... Thanks a bunch, I really appreciate.
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guru267
#44 Posted : Tuesday, June 22, 2010 4:58:45 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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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guru267
#45 Posted : Tuesday, June 22, 2010 5:01:53 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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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qw25041985
#46 Posted : Tuesday, June 22, 2010 5:39:23 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
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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2012
#47 Posted : Tuesday, June 22, 2010 6:27:35 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
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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qw25041985
#48 Posted : Tuesday, June 22, 2010 6:34:45 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
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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youcan'tstopusnow
#49 Posted : Tuesday, June 22, 2010 6:36:02 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Sparkly, wazi jo!
GOD BLESS YOUR LIFE
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MaichBlack
#50 Posted : Tuesday, June 22, 2010 6:50:29 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,858
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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  | | Edit by user: Tuesday, June 22, 2010 8:09 PM | Reason: Not specified
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