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What's the Worst mistake and/Best decision you have made in the NSE todate?
slykat
#51 Posted : Friday, July 30, 2010 9:28:45 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
First time; soon after high school got 15k bonus at work, me goes to Suntra opens a nominee account n says, i want to buy shares, "Which ones?" "I don't know", I said "what do you recommend?" Stanchart, they says to me. Me says, ok duc, Stanchart it is. Only thing I knew about investing then was that it was the coolest thing to do after reading The Life and Times of Sir James Goldsmith.

Worst; Buying sizable Olympia at 14.60 after listening to VVS n Tusker Baridi, lol!

Best; huge chunk of KenGen IPO @11.90 out @34 n great dividends in less than 2yrs.

Regret; not buying huge chunks of safcom @2.50 or Mumias @3.
2012
#52 Posted : Friday, July 30, 2010 9:39:11 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
[quote=slykat]Worst; Buying sizable Olympia at 14.60 after listening to VVS n Tusker Baridi, lol!
Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly


BBI will solve it
:)
mdosi
#53 Posted : Friday, July 30, 2010 9:52:43 PM
Rank: Member

Joined: 2/1/2007
Posts: 112
Location: Nairobi
I got into NSE during the kengen's ipo and exited @ Ksh 32 then went into paka Ipo and exited @ ksh 17. I moved on to Stanbic Ug and exited @ Ksh 4.2. My worst mistake was getting into access in 2008 @ ksh 35 and exiting @ Ksh 21 shouldering a @25% loss but i got into equity bank @ Ksh 16 with the proceeds and currently i've recovered the loss. I'm now cautious and thorough before getting into any counter.
It's amazing what you can achieve when you get rid of fear.
VituVingiSana
#54 Posted : Friday, July 30, 2010 11:24:09 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
2012 wrote:
[quote=slykat]Worst; Buying sizable Olympia at 14.60 after listening to VVS n Tusker Baridi, lol!
Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly


Pole... LOL... lakini I also bought though not at 14.60 but 14/-... then later at 8.50... So I am in the SAME boat!

d'oh! d'oh! d'oh! Sad Sad Sad
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#55 Posted : Friday, July 30, 2010 11:47:20 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Worst mistake:buying MSC last year October at 6.90 and then sell a month later at 6.10...well 2 month later it was trading at 12.50 and at Stockmaster made a fortune...buying Kenya Re at 13 bob only to sell at 12 bob....

Best decision:buying CFC @ 43 bob in April...well 2 month later i was up 60+%...
stocksmaster
#56 Posted : Saturday, July 31, 2010 12:37:33 AM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
My first ever share purchase was ARM at Ksh 16. Quickly sold at Ksh 32.Sweet at the time;bitter considering the current market price.

KenGen @ IPO,sold on day 2 of trading at Ksh 40. That was a sweet one.


Participated in the Uchumi rights(Bought rights at about Ksh 0.15 and sold them at Ksh 0.50). Made a tidy sum.

Worst Decision:Not liquidating my uchumi shares even when the books cried for a quick exit. I was ''married'' to this share after having made so much getting in and out of the counter.

Happy hunting.
x handle: @stocksmaster79
slykat
#57 Posted : Saturday, July 31, 2010 5:49:31 AM
Rank: Member

Joined: 2/20/2007
Posts: 359
@2012

Hehehehe, weeee wacha kucheka...lol, Matu, KCB n EACB have lost me 40k, 30k n 25k respectively...that's no small money for me! My only consolation is that VVS possibly lost much more at Matu's (Lol) iiiiiiiiii..Sad .scheisse
VituVingiSana
#58 Posted : Saturday, July 31, 2010 7:05:41 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
slykat wrote:
@2012

Hehehehe, weeee wacha kucheka...lol, Matu, KCB n EACB have lost me 40k, 30k n 25k respectively...that's no small money for me! My only consolation is that VVS possibly lost much more at Matu's (Lol) iiiiiiiiii..Sad .scheisse
Jameni... kwani??? U keep on rubbing salt into my wounds? Anyway, when is the bloody AGM?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#59 Posted : Saturday, July 31, 2010 9:24:27 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
slykat wrote:
@2012

Hehehehe, weeee wacha kucheka...lol, Matu, KCB n EACB have lost me 40k, 30k n 25k respectively...that's no small money for me! My only consolation is that VVS possibly lost much more at Matu's (Lol) iiiiiiiiii..Sad .scheisse
Jameni... kwani??? U keep on rubbing salt into my wounds? Anyway, when is the bloody AGM?

@VVS i think you would bring the house down on the directors if you attended an olympia AGM
Mark 12:29
Deuteronomy 4:16
cnn
#60 Posted : Saturday, July 31, 2010 1:40:07 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
On a 8yr outlook do we have an ARM in todays market,a stock than will be five times the current value?.
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