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Alternative hypothesis:Only idiots make money on NSE
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Case Study: Swenani. Effective Monday, 23 Dec 2019, Swenani will be joining the Nairobi stock exchange or as mugunda man likes to call it casino as an investor. I will not put much thought into what I buy. My plan is simple, buy based on emotions,hype and available cash. I'll invest both in long term(5-10 yrs) and short term(speculation). I'll document my positions on this thread. My starting position is 800 safcom IPO shares I bought while in campus #phuckfundamentals# #phucktechnicals# If Obiero did it, Who Am I?
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Rank: Member Joined: 3/26/2012 Posts: 830
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Swenani wrote:Case Study: Swenani.
Effective Monday, 23 Dec 2019, Swenani will be joining the Nairobi stock exchange or as mugunda man likes to call it casino as an investor. I will not put much thought into what I buy.
My plan is simple, buy based on emotions,hype and available cash.
I'll invest both in long term(5-10 yrs) and short term(speculation).
I'll document my positions on this thread.
My starting position is 800 safcom IPO shares I bought while in campus
#phuckfundamentals# #phucktechnicals#  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: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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1500 safco shares and 900 KCB shares bought at a total cost of Kes 49,218 and Kes 48,911.7 respectively including brokerage and transaction fees Total cash outlay kes 98,129.7 These two have been bought for long term (5yrs+). Intent is to spend Kes 1m by June next year on these two shares whether they trade at kshs 1,000 per share or kshs .05 per share #idiotswinning# If Obiero did it, Who Am I?
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Swenani wrote:1500 safco shares and 900 KCB shares bought at a total cost of Kes 49,218 and Kes 48,911.7 respectively including brokerage and transaction fees
Total cash outlay kes 98,129.7
These two have been bought for long term (5yrs+). Intent is to spend Kes 1m by June next year on these two shares whether they trade at kshs 1,000 per share or kshs .05 per share
#idiotswinning# Take down this thread before @Obiero responds with end year tirade . @Swenani you're in trouble if you won't heed my call right now. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Spikes wrote:Swenani wrote:1500 safco shares and 900 KCB shares bought at a total cost of Kes 49,218 and Kes 48,911.7 respectively including brokerage and transaction fees
Total cash outlay kes 98,129.7
These two have been bought for long term (5yrs+). Intent is to spend Kes 1m by June next year on these two shares whether they trade at kshs 1,000 per share or kshs .05 per share
#idiotswinning# Take down this thread before @Obiero responds with end year tirade . @Swenani you're in trouble if you won't heed my call right now. Watch and learn! If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@swenani If Obiero did it,who am i Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Ericsson wrote:@swenani If Obiero did it,who am i Quotable quote :)
KQ ABP 4.26
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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I just placed an order for 3,100 @ 32 safcom shares. Expected cash outlay if the transaction goes through inclusive of charges will be kshs 101,503.20 #prayforidiots# Trade went through at Kes 101,307.3 for 3,100 shares. Current portfolio Safcon-5,400 KCB-900 Cash outlay Khs 203,437 inclusive of IPO If Obiero did it, Who Am I?
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Rank: Member Joined: 1/15/2015 Posts: 681 Location: Kenya
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Swenani wrote:Case Study: Swenani.
Effective Monday, 23 Dec 2019, Swenani will be joining the Nairobi stock exchange or as mugunda man likes to call it casino as an investor. I will not put much thought into what I buy.
My plan is simple, buy based on emotions,hype and available cash.
I'll invest both in long term(5-10 yrs) and short term(speculation).
I'll document my positions on this thread.
My starting position is 800 safcom IPO shares I bought while in campus
#phuckfundamentals# #phucktechnicals# Kumbe wewe barobaro tu. Thought you a guka.
60% Learning, 30% synthesizing, 10% Debating
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Thitifini wrote:Swenani wrote:Case Study: Swenani.
Effective Monday, 23 Dec 2019, Swenani will be joining the Nairobi stock exchange or as mugunda man likes to call it casino as an investor. I will not put much thought into what I buy.
My plan is simple, buy based on emotions,hype and available cash.
I'll invest both in long term(5-10 yrs) and short term(speculation).
I'll document my positions on this thread.
My starting position is 800 safcom IPO shares I bought while in campus
#phuckfundamentals# #phucktechnicals# Kumbe wewe barobaro tu. Thought you a guka. He is a virgin in NSE investment manenos.  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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