Wazua
»
Investor
»
Stocks
»
PORTFOLIO RESTRUCTURING
Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
|
I've done a bit of homework but I guess I need validation  and any new perspectives  ... it couldn't hurt... I have in my small and modest portfolio: BBK 6.18% CABL 50.46% EQTY 7.42% HFCK 5.36% JUB 0.00% KCB 0.00% MSC 30.58% I want: BBK 2.20% CABL 17.98% EQTY 2.64% HFCK 1.91% JUB 28.06% KCB 36.31% MSC 10.89% Please make comments / criticisms / suggestions on the issues below: 1. I want to do this in April and early May... but by end of Apr I should have already taken a major position. 2. The changes above are from cash injected to Jubilee & KCB only. This is partly new money from savings and also from what I sold kitambo kidogo. I had quite a bit in banks (BBK, EQTY, KCB, HFCK... I missed the DTB boat completely). 3. I have decided not to sell anything... nothing is worth selling at current prices. 4. I got into JUB between 187 and 200 but hurriedly sold at 215 and  I regret that... I know this shouldn't be a basis for future decisions on the counter but I "FEEL BAD" entering at current prices, my profit threshold for that last deal is 208.20!!! 5. AOC - Any Other Counters 6. AOB - Any Other Business "I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Are you on the board of CABLES? How did you get it to 50 p.c of your portfolio?  GOD BLESS YOUR LIFE
|
|
|
Rank: Member Joined: 8/12/2010 Posts: 129 Location: nairobi
|
do the above percentages relate to the proportions of a given amount say 2m of your investment or do they relate to your stake in the respective companies?
|
|
|
Rank: Elder Joined: 5/27/2008 Posts: 3,760
|
I hold everything you do except Cables and HFCK.
I have been restructuring my portfolio from end of last year. I was heavily weighted in financials but decided to spread 25% each in Commercials, Financials and Industrials. The other 25% is for speculation. I have divested from SCB, EQUITY and sort of brought Financials to near the target 25%. I also decided to have an anchor stock in each category, and have KQ, KCB and KK for this. I will however shift whatever I have in NIC for Jubilee at some point.
For speculation I'm holding Mumias which I will dump at 12 when it gets there.
|
|
|
Rank: Member Joined: 8/12/2010 Posts: 129 Location: nairobi
|
probably, re-balancing of ones portfolio necessitates consideration of ;
1 time period--how long you intend to maintain the current portfolio depending on your return objectives
2 taxation--securities that need tax exempt are those for high net worth individuals one can avoid investments that produce high current income particularly over long periods where the need for current income is not immediate
3 liquidity--This is based on future spending needs whether immediate or not. an increase in wealth is accompanied with an increase in lifestyle.
hope this helps
|
|
|
Rank: Elder Joined: 2/10/2007 Posts: 1,587
|
Gordon Gekko wrote:I hold everything you do except Cables and HFCK.
I have been restructuring my portfolio from end of last year. I was heavily weighted in financials but decided to spread 25% each in Commercials, Financials and Industrials. The other 25% is for speculation. I have divested from SCB, EQUITY and sort of brought Financials to near the target 25%. I also decided to have an anchor stock in each category, and have KQ, KCB and KK for this. I will however shift whatever I have in NIC for Jubilee at some point.
For speculation I'm holding Mumias which I will dump at 12 when it gets there. I have my portfolio fairly balanced in banks and industrials. Limited exposure to commrecials: 1. KCB - 45% 2. CFC - 20% 3. KPLC -30% 4. KenGen - 6% 5. Safcom - 4% I have been increasing my portfolio in CFC bank as I reduce KCB. In the short-term I will have CFC taking % of KCB, but will later go back to KCB having about 30% and add some NIC. I believe CFC bank has got a huge beating unnecessarily and has a potential to go by atleast 50%. In the industrials I wll add KenGen and will consider MSC. I will also consider KQ on speculative purposes. The above does not include OTC securities.
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
I re balance my portifolio quater to quater...here is what i have at the moment...
1. KK-30% i have been reducing
2. Jub-20%
3. Kenya Re-20%
4. KCB-10%
5. Cash-20%
|
|
|
Rank: Elder Joined: 9/29/2006 Posts: 2,570
|
the deal wrote:I re balance my portifolio quater to quater...here is what i have at the moment...
1. KK-30% i have been reducing
2. Jub-20%
3. Kenya Re-20%
4. KCB-10%
5. Cash-20%
>> 1). Cash 24% 2). KK 45% 3). KPLC 23% & 4). Coop 8%. I intend to add KenyaRe and dispose KPLC and re-enter KCB. The opposite of courage is not cowardice, it's conformity.
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
KCB 70% KenGen 25% KK 5% - King, Queen, Pawn respectively. Unless OTW I am pleased with my portfolio for the longest while possible. Likely accumilation on all counters during dips.
|
|
|
Rank: Veteran Joined: 11/21/2006 Posts: 1,590
|
Interesting portfolio, but without seeing average cost, its difficult to give detailed advice. I never hold more than 3 stocks in a stock exchange. I'd advice sell-off EA Cables (weaker Ksh and price of copper will mean higher cost of sales. TC are the investment group they were with the late James Gachui as chair & also Kibaki going will not favor them). Not sure why you hold BBK, but if u must I'd swap it with StanCHart for the same proportion. I'd sell MSC (future will be difficult unless we get another economist/developer as Rais). I'd also sell HFCK. I'd place proceeds of the above sales in Equity. Finally, I'd look for one of the Aga Khan companies. Any is good... Sehemu ndio nyumba
|
|
|
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
|
Interesting portfolio. looks like you come to the bash when the goat has been slaughtered you were late in getting into mumias and you were left behind when the music in the game of musical chairs stopped. You also getting in late on jubilee and KCB looks like you are chasing moving buses, please avoid jumping into a moving bus unless you are going to the last stop. Try boarding a bus which is yet to leave the station like KPLC and the oversold counters.
"Now Every gambler knows that the secret to surviving
Is knowing what to throw away and knowing what to keep
Cause every hand's a winner and every hand's a loser...
You got to know when to hold 'em, know when to fold 'em
Know when to walk away and know when to run."
|
|
|
Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
|
youcan'tstopusnow wrote:Are you on the board of CABLES? How did you get it to 50 p.c of your portfolio? It was doing very badly and i couldn't sell... before i started selling BBK, KCB AND EQTY, cables was under 20%. "I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
|
|
|
Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
|
emlyn ngwiri wrote:do the above percentages relate to the proportions of a given amount say 2m of your investment or do they relate to your stake in the respective companies?  I hope ur joking... "I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
|
|
|
Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
|
Gordon Gekko wrote:I hold everything you do except Cables and HFCK.
I have been restructuring my portfolio from end of last year. I was heavily weighted in financials but decided to spread 25% each in Commercials, Financials and Industrials. The other 25% is for speculation. I have divested from SCB, EQUITY and sort of brought Financials to near the target 25%. I also decided to have an anchor stock in each category, and have KQ, KCB and KK for this. I will however shift whatever I have in NIC for Jubilee at some point.
For speculation I'm holding Mumias which I will dump at 12 when it gets there. I speculated heavily with KQ last year... bei ya mafuta... is it a local (kenya problem)... how much do the price changes affect KQ? Mumias is one of my long term anchors... I'm banking mostly on the delta project... I'm watching the news for anything from COMESA though... Generally I think banks will be on the upwards at least for the next 3years... I sold out when the market went south but I think I'm going back in... i concur with you on Jubilee... entry price / exit price??"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
|
|
|
Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
|
Mainat wrote:Interesting portfolio, but without seeing average cost, its difficult to give detailed advice.
I never hold more than 3 stocks in a stock exchange. I'd advice sell-off EA Cables (weaker Ksh and price of copper will mean higher cost of sales. TC are the investment group they were with the late James Gachui as chair & also Kibaki going will not favor them).
Not sure why you hold BBK, but if u must I'd swap it with StanCHart for the same proportion.
I'd sell MSC (future will be difficult unless we get another economist/developer as Rais). I'd also sell HFCK. I'd place proceeds of the above sales in Equity.
Finally, I'd look for one of the Aga Khan companies. Any is good...
What's wrong with BBK... its bigger and with better earnings than SCB? I agree about dumping HFCK for EQTY... and about Aga Khan... can't figure what price to enter DTB if at all "I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
|
|
|
Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
|
mkonomtupu wrote:Interesting portfolio.
Thanks
looks like you come to the bash when the goat has been slaughteredI want to EAT not to help slaughter goats
you were late in getting into mumias I am in mumias heavily... check my numbers. I'm sure you have no idea when i got in.
and you were left behind when the music in the game of musical chairs stopped.
You also getting in late on jubilee and KCB looks like you are chasing moving buses, please avoid jumping into a moving bus unless you are going to the last stop.maybe ur right on KCB... i had JUB and won't lose much if i wake up tommorrow and just choose to buy at market.... did it close at 210
Try boarding a bus which is yet to leave the station like KPLC and the oversold counters.i know little on KPLC so no comment
"Now Every gambler knows that the secret to surviving
Is knowing what to throw away and knowing what to keep
Cause every hand's a winner and every hand's a loser...
You got to know when to hold 'em, know when to fold 'em
Know when to walk away and know when to run."
You spent at least 5min of your time typing Kenny Rogers lyrics... buddy, time is money "I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Genghis Khan, on Mumias, COMESA period likely to be extended. On DTB, try maybe when the share goes ex-bonus. Like guys who did the same for NIC. Some got it at 41. It has reached a high of 47 today GOD BLESS YOUR LIFE
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
|
Paka at 2.10 will be miaowest,good for speculative intents. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Nmg 23% kcb 20% sfcom 17% bbk 11% kk 9% access 8% nic 7 % tps 5%. Sold off bat, bamburi and eabl for other projects. Reduced bbk and nic. Increasing kcb, getting into kk. Planning to increase tps, kk and get into kenre Life is short. Live passionately.
|
|
|
Rank: New-farer Joined: 4/26/2010 Posts: 6 Location: dxb
|
stock gurus like of njunge n stockmaster etc advice on this.... currently my portfolio (150k) 48%kcb,52%K. i got cash 11k i want to invest in penny stocks.on monday aka.KK,Sasini,mumias,safcom,unga n paka. vision 2030i have daykio mwiki plot balance of 452k i want to clear on or b4 August 2011.By liquidating all stock held by july and also i allocate 50k from my salo as from april. notes. 1.Daykio plots title not yet out even for those who have completed paying. 2.Suppose i invest 50k monthly to stock other than downpayment for the plot is it worthy the risk. 3.Suppose i pledge with bank to give loan on the shares money obtained i add to the 50k salo n invest in mid level stocks likes of kcb,equity,kq,and liquidate after 6 months is it worthy??. please advice your brother on the possible scenario...its good to start from somewhere even if small. thnx. Businessmen do more good by creating jobs and wealth through investment, "not by being Santa Claus."- Carlos Slim.
|
|
|
Wazua
»
Investor
»
Stocks
»
PORTFOLIO RESTRUCTURING
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.
|