Wazua
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Alternative hypothesis:Only idiots make money on NSE
Rank: Member Joined: 9/11/2015 Posts: 244 Location: Thika
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Swenani wrote:I have a 100K, I'm thinking of deploying the stupid brilliant wazuan idea of averaging down on KPLC, Safcon and KCB.
@Mnandi, hio mkate yako ya Eliot inasema nini?  Buy I & M and DTB in boatloads and hold. It hurts seeing a wazuan losing money and virtually giving up. Buy/accumulate those two at 48 and 65 or below respectively. In three years you will have tripled your money at least. Thank me later. Since men have learned to shoot without missing, I have learned to fly without perching
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Jon Jones wrote:[quote=Swenani]I have a 100K, I'm thinking of deploying the stupid brilliant wazuan idea of averaging down on KPLC, Safcon and KCB.
@Mnandi, hio mkate yako ya Eliot inasema nini? That's the best method to do.As long as you are doing it longterm Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Jon Jones wrote:Swenani wrote:I have a 100K, I'm thinking of deploying the stupid brilliant wazuan idea of averaging down on KPLC, Safcon and KCB.
@Mnandi, hio mkate yako ya Eliot inasema nini? Buy I & M and DTB in boatloads and hold. It hurts seeing a wazuan losing money and virtually giving up. Buy/accumulate those two at 48 and 65 or below respectively. In three years you will have tripled your money at least. Thank me later. Don't underestimate bad debts Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:Jon Jones wrote:Swenani wrote:I have a 100K, I'm thinking of deploying the stupid brilliant wazuan idea of averaging down on KPLC, Safcon and KCB.
@Mnandi, hio mkate yako ya Eliot inasema nini? Buy I & M and DTB in boatloads and hold. It hurts seeing a wazuan losing money and virtually giving up. Buy/accumulate those two at 48 and 65 or below respectively. In three years you will have tripled your money at least. Thank me later. Don't underestimate bad debts The current price (esp for DTB) has discounted the bad debts. I think. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Swenani wrote:I have a 100K, I'm thinking of deploying the stupid brilliant wazuan idea of averaging down on KPLC, Safcon and KCB.
@Mnandi, hio mkate yako ya Eliot inasema nini? KPLC is a monkey Life is short. Live passionately.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Swenani wrote:Proud to announce that Swenani current networth on NSE is Kes 359K from an initial capital investment of Kes 404K translating to a loss of Kes 44K.
Indeed this is a casino! After almost 9 months since the last portfolio valuation update, my multibillion portfolio at NSE now stands at Kes 451,091 translating to a paper gain of 12% excluding any fees and commissions on sale. Biggest gain is safcom at 42%,KCB 1% and the greatest monkey of all time(KPLC) at a loss of 43%. I plan to pump in more money either within the current counters or additional counters within the 2nd half of this year If Obiero did it, Who Am I?
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Swenani wrote:Swenani wrote:Proud to announce that Swenani current networth on NSE is Kes 359K from an initial capital investment of Kes 404K translating to a loss of Kes 44K.
Indeed this is a casino! After almost 9 months since the last portfolio valuation update, my multibillion portfolio at NSE now stands at Kes 451,091 translating to a paper gain of 12% excluding any fees and commissions on sale. Biggest gain is safcom at 42%,KCB 1% and the greatest monkey of all time(KPLC) at a loss of 43%. I plan to pump in more money either within the current counters or additional counters within the 2nd half of this year Wueeh this hard work....😬😬 possunt quia posse videntur
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Rank: Member Joined: 12/24/2008 Posts: 112
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@ Swenani...at least you have learned NSE sio 'fish' market where you can 'eat and go'... unaweza chomeka vibaya!
Lakini, if you are seeking good financial returns and are prepared to do the research and be in it for the long term - you are in the right place my brother...Welcome!
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Elephant Man wrote:@ Swenani...at least you have learned NSE sio 'fish' market where you can 'eat and go'... unaweza chomeka vibaya!
Lakini, if you are seeking good financial returns and are prepared to do the research and be in it for the long term - you are in the right place my brother...Welcome! KPLC give it like 5 years to turnaround. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Elephant Man wrote:@ Swenani...at least you have learned NSE sio 'fish' market where you can 'eat and go'... unaweza chomeka vibaya!
Lakini, if you are seeking good financial returns and are prepared to do the research and be in it for the long term - you are in the right place my brother...Welcome! I'm ready to wait and invest more as long as I don't run into any financial problems. As for the research-refer to this post  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# If Obiero did it, Who Am I?
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Swenani wrote:Swenani wrote:Proud to announce that Swenani current networth on NSE is Kes 359K from an initial capital investment of Kes 404K translating to a loss of Kes 44K.
Indeed this is a casino! After almost 9 months since the last portfolio valuation update, my multibillion portfolio at NSE now stands at Kes 451,091 translating to a paper gain of 12% excluding any fees and commissions on sale. Biggest gain is safcom at 42%,KCB 1% and the greatest monkey of all time(KPLC) at a loss of 43%. I plan to pump in more money either within the current counters or additional counters within the 2nd half of this year As per today's last traded prices, my multi trillion portfolio on NSE stands at KES 527,091 translating to a paper gain of 30%. Safcom is the best performing with 59% return(@mnandi-what does Eliot say? still waiting for 14bob), KCB at 27% and KPLC in the red at -43%. From my initial investment of Kes 404,324, the portfolio is at 527,219-could have been high were it not for the KPLC monkey. When , I go back to the market, my investment plan will remain the same Quote:Buy based on emotions,hype and available cash #phuckfundamentals# #phucktechnicals# #idiotswinning# If Obiero did it, Who Am I?
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Rank: Member Joined: 9/27/2006 Posts: 503
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Swenani wrote:Swenani wrote:Swenani wrote:Proud to announce that Swenani current networth on NSE is Kes 359K from an initial capital investment of Kes 404K translating to a loss of Kes 44K.
Indeed this is a casino! After almost 9 months since the last portfolio valuation update, my multibillion portfolio at NSE now stands at Kes 451,091 translating to a paper gain of 12% excluding any fees and commissions on sale. Biggest gain is safcom at 42%,KCB 1% and the greatest monkey of all time(KPLC) at a loss of 43%. I plan to pump in more money either within the current counters or additional counters within the 2nd half of this year As per today's last traded prices, my multi trillion portfolio on NSE stands at KES 527,091 translating to a paper gain of 30%. Safcom is the best performing with 59% return(@mnandi-what does Eliot say? still waiting for 14bob), KCB at 27% and KPLC in the red at -43%. From my initial investment of Kes 404,324, the portfolio is at 527,219-could have been high were it not for the KPLC monkey. When , I go back to the market, my investment plan will remain the same Quote:Buy based on emotions,hype and available cash #phuckfundamentals# #phucktechnicals# #idiotswinning# Diamond hands only... some of us are still burnt after having bought Centum mid-30s. Kids, sometimes it is best not to catch a falling knife.
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Rank: Veteran Joined: 7/8/2008 Posts: 947
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deadpoet wrote:Swenani wrote:Swenani wrote:Swenani wrote:Proud to announce that Swenani current networth on NSE is Kes 359K from an initial capital investment of Kes 404K translating to a loss of Kes 44K.
Indeed this is a casino! After almost 9 months since the last portfolio valuation update, my multibillion portfolio at NSE now stands at Kes 451,091 translating to a paper gain of 12% excluding any fees and commissions on sale. Biggest gain is safcom at 42%,KCB 1% and the greatest monkey of all time(KPLC) at a loss of 43%. I plan to pump in more money either within the current counters or additional counters within the 2nd half of this year As per today's last traded prices, my multi trillion portfolio on NSE stands at KES 527,091 translating to a paper gain of 30%. Safcom is the best performing with 59% return(@mnandi-what does Eliot say? still waiting for 14bob), KCB at 27% and KPLC in the red at -43%. From my initial investment of Kes 404,324, the portfolio is at 527,219-could have been high were it not for the KPLC monkey. When , I go back to the market, my investment plan will remain the same Quote:Buy based on emotions,hype and available cash #phuckfundamentals# #phucktechnicals# #idiotswinning# Diamond hands only... some of us are still burnt after having bought Centum mid-30s. Kids, sometimes it is best not to catch a falling knife. @Sewani .... getting those tendies. @Deadpoat .... bagholders are many in this market. Diamond hands
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