wazua Thu, Jan 30, 2025
Welcome Guest Search | Active Topics | Log In | Register

ACCESS FOR SPECULATION?
tkzee
#1 Posted : Wednesday, July 28, 2010 10:36:17 AM
Rank: Member


Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
I've been paying close attention to this stock and realised that with the fluctuations its making you could make money.It was around 17 in May and went to about 22 in July,and now its
coming down. Whats your take?
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
mBiaLoss
#2 Posted : Wednesday, July 28, 2010 11:43:21 AM
Rank: New-farer


Joined: 6/23/2010
Posts: 52
Location: Majuu
I bought a bunch at 17 and 18, but I just averaged my price from 35 to 21. So when it went to 22, I tried to get even, but since Kenyan Brokers are that slow to react to orders, it diped below 21 and could not afford to make a loss lol...So I guess am waiting again to buy at 18 or 17. You could dedinately make money with the flactuations
As an investor I behave like a tick, patiently waiting on grass and larch onto the first cow that shows up. As an investor I dont behave like a tick...I jump off the the cow as soon as am fully engorged before it dies...
sparkly
#3 Posted : Wednesday, July 28, 2010 1:40:00 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Trending sideways between 17 and 22. Simply buy at 17 or slightly higher, and sell at 22 or slightly lower. Be aware that it could break in either direction.
Life is short. Live passionately.
qw25041985
#4 Posted : Wednesday, July 28, 2010 2:30:22 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
This stock is definately headed 4 ksh 16.00 . Instead of waiting until it reaches 16.00 , put a buy order at 16.10 and a sell order at 21.00 (its high). Then sit back and enjoy the ride !!!
Your future depends on your dreams so go to sleep !
PKoli
#5 Posted : Wednesday, July 28, 2010 2:43:43 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
My 1st ride in Access was when during and immediately after the IPO. I was in at 14 bob and went to sell at 26. Even though it rose to 35, I never complained! With the changing telecommunication landscape, I am not sure if I have the guts to jump in, may be at 10 bob!
ProverB
#6 Posted : Wednesday, July 28, 2010 4:07:37 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
[b wrote:
qw25041985[/b]]This stock is definately headed 4 ksh 16.00 . Instead of waiting until it reaches 16.00 , put a buy order at 16.10 and a sell order at 21.00 (its high). Then sit back and enjoy the ride !!!


Dude..Sorry..it's pretty hard taking you seriously..judging from previous statements less than four weeks ago..centum too

[b wrote:
qw25041985[/b]]
http://www.wazua.co.ke/f...aspx?g=posts&t=7541
@sheep. as far as investment strategies are concerned you have faild. In any investment endevour always MAXIMISE your profit . this share is headed for ksh 25.00 (according to my charts) so that 18% is peanuts. just sayin.



...just saying. smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
The Merchant
#7 Posted : Wednesday, July 28, 2010 5:58:05 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
Well technically speaking you may be able to cash in on the fluctuations. However this type of trading can be difficult if the broker you are using takes a long time to execute your orders.
Fundamentally I do not think this is a good company to invest in. They have management problems as well as corporate governance issues. Any one with an internet connection with them can tell you that they are highly disorganised. Better to look elsewhere if you want to purchase a goo stock.
Jamani
#8 Posted : Wednesday, July 28, 2010 9:15:13 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
well noticed on thier website there are board changes, not sure this will bring back the confidence to ivestors soon, looks like window dressing to statisfy authorities and blind shareholders at the AGM. If not i believe its a promising share
sparkly
#9 Posted : Wednesday, July 28, 2010 10:14:40 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
qw25041985 wrote:
This stock is definately headed 4 ksh 16.00 . Instead of waiting until it reaches 16.00 , put a buy order at 16.10 and a sell order at 21.00 (its high). Then sit back and enjoy the ride !!!

@qw didn't you buy the last time it hit 21.50, just before it started coming down? I remember you shouting buy buy buy?
Life is short. Live passionately.
tkzee
#10 Posted : Wednesday, July 28, 2010 11:04:20 PM
Rank: Member


Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
Jamani wrote:
well noticed on thier website there are board changes, not sure this will bring back the confidence to ivestors soon, looks like window dressing to statisfy authorities and blind shareholders at the AGM. If not i believe its a promising share


Board changes alone won't help they diversity as the core biz is under attack by Safaricom and other players.but that said still a buying opportunity @ current levels.
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
mBiaLoss
#11 Posted : Thursday, July 29, 2010 8:06:04 AM
Rank: New-farer


Joined: 6/23/2010
Posts: 52
Location: Majuu
I bought at 35, 19, 18 and 17. I made a purchase order for 16 but it retreated up. I made a sale order at 22, but the broker was slow and it shifted down. I hoping for 15 or 16 to buy more. I think that will happen when it starts trading ex dividend.
As an investor I behave like a tick, patiently waiting on grass and larch onto the first cow that shows up. As an investor I dont behave like a tick...I jump off the the cow as soon as am fully engorged before it dies...
youcan'tstopusnow
#12 Posted : Thursday, July 29, 2010 9:22:57 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mBiaLoss wrote:
I bought at 35, 19, 18 and 17. I made a purchase order for 16 but it retreated up. I made a sale order at 22, but the broker was slow and it shifted down. I hoping for 15 or 16 to buy more. I think that will happen when it starts trading ex dividend.

MBiaLoss, I have access kenya too. But I don't see why you would wan't more, unless you just want to average down. Me I'm just waiting for an opportunity to exit. I hope the price rallies a little as we approach the books closure date
GOD BLESS YOUR LIFE
mBiaLoss
#13 Posted : Thursday, July 29, 2010 10:28:06 AM
Rank: New-farer


Joined: 6/23/2010
Posts: 52
Location: Majuu
[quote=youcan'tstopusnowMBiaLoss, I have access kenya too. But I don't see why you would wan't more, unless you just want to average down. Me I'm just waiting for an opportunity to exit. I hope the price rallies a little as we approach the books closure date[/quote]

Here is the problem...My current average is 21.65, so if I sell at any price less than that, I lose...As I said I asked my broker to sell when it got to 22, well it is D&B, they did not do it fast enough, and so the price came down...I am reasoning that if it comes down to 16 or 15, I can buy and average it down, and wait for the company to go bankrupt..lol....If on the hand it ever goes up to 22 as some people here think....Then I will be a winner...That is the only reason I will buy...Because right now I cant sell...without going into a loss....
As an investor I behave like a tick, patiently waiting on grass and larch onto the first cow that shows up. As an investor I dont behave like a tick...I jump off the the cow as soon as am fully engorged before it dies...
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.