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What's the Worst mistake and/Best decision you have made in the NSE todate?
cmk
#61 Posted : Saturday, July 31, 2010 1:51:05 PM
Rank: Member


Joined: 1/24/2008
Posts: 479
Failure to buy eabl pre split @79 bob and i had 50k then...was misled into buying a junk plot..i later got fed up with the plot and asked for my money back, which the seller has been refunding in bits...
any way had i bought eabl then it would have gotten me 600 shares ,a bonus of 1:5 would have earned 120 shares giving a total of 720 shares,and with the split--would have become 3600 shares @ todays price of 181 would translate to 651000k..hapo nilitupa mbao zote.

this makes me very fearful whenever i think of plots.
Every man is guilty of all the good he didn't do-
Voltaire
sheep
#62 Posted : Saturday, July 31, 2010 2:10:00 PM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
cnn wrote:
On a 8yr outlook do we have an ARM in todays market,a stock than will be five times the current value?.


ARM itself ha ha ha! If what Aly says is true.

http://www.rich.co.ke/rcdata/company.php?i=MjY%3D
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
mv_ufanisi
#63 Posted : Saturday, July 31, 2010 2:27:18 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
Best Run: Buying KQ at 23.5 getting out at 59 for more than 150% gain. Using proceeds to buy MSC at 11.1 selling at 13.65 - 20% using money to buy KENOL at 84 to now - 20% gain. String of good luck.
Worst: Buying MSC at 60, selling it at 29 - even after I calculated its NAV at about 11 or so. Plain stupidos following the herd.
cnn
#64 Posted : Saturday, July 31, 2010 2:43:57 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
@sheep,at the time had he factored the cheap cement imports coming in now?
shauriyako
#65 Posted : Saturday, July 31, 2010 3:58:32 PM
Rank: New-farer


Joined: 6/17/2010
Posts: 71
Location: Kenya
cnn wrote:
On a 8yr outlook do we have an ARM in todays market,a stock than will be five times the current value?.


@cnn

Yes we do!!!

I am thinking ARM itself or am I married to ARM now that I am 840% up over six years and yet I refuse to shuka the bus.
if you look closely at the market then the potential in counters like - Safaricom, Kengen, Co-op, NIC, Scangroup.
If we are arround 8 years from now, find me and let's spend some of the money I will have made on these counters on some Tusker Malt baridi.....

@all - your thoughts.
When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
guru267
#66 Posted : Saturday, July 31, 2010 4:12:35 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
cnn wrote:
On a 8yr outlook do we have an ARM in todays market,a stock than will be five times the current value?.

Yeah there are quite a Few actually... Safcom, Mumias, KCB, Nic, jubilee, kakuzi
Mark 12:29
Deuteronomy 4:16
slykat
#67 Posted : Saturday, July 31, 2010 4:20:30 PM
Rank: Member


Joined: 2/20/2007
Posts: 359
Have u guys no faith in the new Centum strategy?

Centum just might soar between the 4th and 8th year from now if everything goes according to their strategic plan... and if they don't bite more than they can chew RVR-style.
qw25041985
#68 Posted : Saturday, July 31, 2010 6:37:30 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
Centum returnd 100 % year-to-date and still some ppl and ppl ar still wonderin if they shld buy it !!! The amnt of attention it has creatd for growth investor will attract more investors ,pushin up the price. ... Take it from me this is a stock to watch after referendum .
Your future depends on your dreams so go to sleep !
youcan'tstopusnow
#69 Posted : Saturday, July 31, 2010 7:18:01 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
qw, i agree that centum will realize great growth. But theirs is a 3 year strategy and getting in now is maybe a tad too early. Wouldn't you rather (as you have stated before) we double our money with the likes of mumias and some agricultural stocks? But evidence from this week, points that it doesn't matter which stocks you buy, everything is going UP UP UP! And qw, please revive the 'The following stocks will rise this week' thread. We also appreciate your aspect of t.a investing.
GOD BLESS YOUR LIFE
Gordon Gekko
#70 Posted : Saturday, July 31, 2010 10:39:28 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
Centum competes in the same space as wazurians, except for some unquoted stock. So if you always beat the market why invest in them?
sparkly
#71 Posted : Sunday, August 01, 2010 10:06:17 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Gordon Gekko wrote:
Centum competes in the same space as wazurians, except for some unquoted stock. So if you always beat the market why invest in them?

their new areas are private equity aka venture capital like the rvr and real estate. Watch out for action in energy like building and running power plants for kplc.
Life is short. Live passionately.
guru267
#72 Posted : Sunday, August 01, 2010 12:25:08 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I keep hearing centum is a good company to get into but its just that at the moment there are sooooo many good buys on the NSE its hard to look at all of them... Has centum gone ex bonus yet??
Mark 12:29
Deuteronomy 4:16
PKoli
#73 Posted : Monday, August 02, 2010 10:30:53 AM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
Guys trying to give ARM 8 yr outlook are very ambitious. How well they perform will largely depend on the impact of the cheap imports to their bottomline. More important, to me, is how the Tz plan perfroms; that will be a flagship unit for ARM. If the Tanzanians embrace cheap cement imports, then ARM will be in for a hige beating
Gatheuzi
#74 Posted : Monday, August 02, 2010 10:40:05 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
sparkly wrote:
Gordon Gekko wrote:
Centum competes in the same space as wazurians, except for some unquoted stock. So if you always beat the market why invest in them?

their new areas are private equity aka venture capital like the rvr and real estate. Watch out for action in energy like building and running power plants for kplc.



I wish centum had thought of real estate early enough. These flats, plots, maisonnates etc are making some dudes and dudettes very rich. Their huge concentration on listed counters was their undoing.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
guru267
#75 Posted : Monday, August 02, 2010 11:46:10 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Gatheuzi wrote:
I wish centum had thought of real estate. Their huge concentration on listed counters was their undoing.

@gatheuzi what is this undoing you are talking about??
Mark 12:29
Deuteronomy 4:16
youcan'tstopusnow
#76 Posted : Monday, August 02, 2010 12:24:51 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Centum has realised capital depreciation on some counters since they bought at too high prices
GOD BLESS YOUR LIFE
ProverB
#77 Posted : Monday, August 02, 2010 12:28:57 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
worst mistakes..
Centum.. 4 years ago..don't remember price
KQ..refused to buy when it was 9bob..i had k in my pocket..just opened account at suntra.. later bought at 57.... sold at 77..watched it go to 126
KPLC..bought at 270...watched it fall to 140.
Jubilee..bough at 305...sold off at 250..
a mix of stocks in 2007...at pick of bull..sold entire portfolio..lost about 42%..some blunders still hurt to date..like ARM, stanchart, Access (35..stupidity at its best)

became smarter of course..learnt to spread buy..and made notes of every single thread stockmaster, MainaT, Guru, and Mukiha. some dud called "mc kende siafu" and VVS(on kq)..n njunge on mumias..and read some more..and more..

learnt of cost averaging..

Result..(best investment decisions) have
coop pre IPO
KQ (average price 32)
Mumias (average price 8.50)
BBK (ave price 48)
HFCK (ave price 19)
Kengen ..best bet.. whole bunch at 12.00!!!!
Equity..(ave price 17)
NIC..36
...
some how not trigger happy to trade..and not particular happy when a stock goes up bila explanation..especially fundamentally...meaning exits from NBK,KCB forced by managemnt playing with share register..bonus/rights/split sway valuation more to investor greed than fundamentals..
KQ exit on going.. coz i hate Naikuni..

opprtunity missed..cfc.. no matter Mukiha's thoughts on it..this is the one counter i didn't agree with him..and i let it go.. not sorry though..atleast i've learnt to keep emotions out..

hope stocksmaster does not invoice me for consultation! smile smile smile 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
cnn
#78 Posted : Monday, August 02, 2010 12:42:43 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
ProverB wrote:
worst mistakes..
Centum.. 4 years ago..don't remember price
KQ..refused to buy when it was 9bob..i had k in my pocket..just opened account at suntra.. later bought at 57.... sold at 77..watched it go to 126
KPLC..bought at 270...watched it fall to 140.
Jubilee..bough at 305...sold off at 250..
a mix of stocks in 2007...at pick of bull..sold entire portfolio..lost about 42%..some blunders still hurt to date..like ARM, stanchart, Access (35..stupidity at its best)

became smarter of course..learnt to spread buy..sand made notes of every single thread tockmaster, MainaT, Guru, and Mukiha. some dud called "mc kende siafu" and VVS(on kq)..and read some more..and more..

learnt of cost averaging..

Result..(best investment decisions) have
coop pre IPO
KQ (average price 32)
Mumias (average price 8.50)
BBK (ave price 48)
HFCK (ave price 19)
Kengen ..best bet.. whole bunch at 12.00!!!!
Equity..(ave price 17)
NIC..36
...
some how not trigger happy to trade..and not particular happy when a stock goes up bila explanation..especially fundamentally...meaning exits from NBK,KCB forced by managemnt playing with share register..bonus/rights/split sway valuation more to investor greed than fundamentals..
KQ exit on going.. coz i hate Naikuni..

opprtunity missed..cfc.. no matter Mukiha's thoughts on it..this is the one counter i didn't agree with him..and i let it go.. not sorry though..atleast i've learnt to keep emotions out..

hope stocksmaster does not invoice me for consultation! smile smile smile smile

And what happened to one Maina T?
ProverB
#79 Posted : Monday, August 02, 2010 12:57:18 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
cnn wrote:

And what happened to one Maina T?


think he is more focused here...
http://mjengakenya.blogspot.com/
..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
sparkly
#80 Posted : Monday, August 02, 2010 1:05:18 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Moral of the story from these confessions... DO NOT BUY when market is in euphoria, shares overbid; without doing your research; bogus companies based on fads. BUY when the market is most pessimistic; after research; companies with a track record. Just my lessons from above... Let the confessions continue.
Life is short. Live passionately.
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