wazua Thu, Apr 2, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages123>»
Poor Performance from Nairobi Securites Exchange, it Sucks!!!!
Options
Previous Topic · Next Topic
Afroblk
#1 Posted : Sunday, October 14, 2012 5:10:47 AM
Rank: New-farer

Joined: 3/3/2010
Posts: 79
I always consider myself a long term buyer but i think some long term hurts. I just wanted to highlight some stocks that have really frustrated me, i even forgot about them. I can never sell at a loss, and will hold them for as long as i can.

Bamburi bought @ 170 sometime in march 2010
Housing Finance bought @ 18 march 2010
EAPC @ 85
Kengen @ 15
BOC @ 160

While some stocks frustrated me, some gave me hope and not quit.

BAT @190 now 450
Equity @15 now 23
Carbacid @ 100 now 122
Scangroup @ 45 now 58

NSE has been performing very poorly but i still have hopes with the market. not too sure if it will be affected by the elections next year. For those back at home, what is the situation like? do you think there will be violence after the elections? i don't want to lose the gains that i've made in some counters. please advise. Thanks.
Knowledge is contagious...Infect truth!
Back to top
  |
murchr
#2 Posted : Sunday, October 14, 2012 8:15:55 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Afroblk wrote:
I always consider myself a long term buyer but i think some long term hurts. I just wanted to highlight some stocks that have really frustrated me, i even forgot about them. I can never sell at a loss, and will hold them for as long as i can.

Bamburi bought @ 170 sometime in march 2010
Housing Finance bought @ 18 march 2010
EAPC @ 85
Kengen @ 15
BOC @ 160

While some stocks frustrated me, some gave me hope and not quit.

BAT @190 now 450
Equity @15 now 23
Carbacid @ 100 now 122
Scangroup @ 45 now 58

NSE has been performing very poorly but i still have hopes with the market. not too sure if it will be affected by the elections next year. For those back at home, what is the situation like? do you think there will be violence after the elections? i don't want to lose the gains that i've made in some counters. please advise. Thanks.



d'oh! really?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
dunkang
#3 Posted : Sunday, October 14, 2012 9:29:07 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
murchr wrote:
Afroblk wrote:
NSE has been performing very poorly but i still have hopes with the market. not too sure if it will be affected by the elections next year. For those back at home, what is the situation like? do you think there will be violence after the elections? i don't want to lose the gains that i've made in some counters. please advise. Thanks.

really?


i agree that NSE has been frustrating for some stocks if u entered/bought them before june 2011. If i were u, i would sell BAT and buy HFCK and Kengen.
For me EACL have frustrated me and am just waiting to break even and quit.
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
maka
#4 Posted : Sunday, October 14, 2012 11:54:09 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
It has seen mixed results anyway you cant say it has generally performed poorly...I still have KPLC bought @ 20 mid last year,CFC @ 56,Total @ 26,Equity @ 29 and co-op @ 20.50....am not crying foul coz on the other hand I also have KCB @ 17,Scom @ 2.80,mumias @ 4.80,sasini @ 10.20...I think you just need to be regular with your buying plus also looking at the overall market sentiments...
possunt quia posse videntur
Back to top
  |
kenmac
#5 Posted : Sunday, October 14, 2012 5:09:20 PM
Rank: Elder

Joined: 5/26/2009
Posts: 1,793
First, you have too many counters which is a pointer that maybe you are just speculating. One rule of WB is that diversification is for those who do not know what they are doing. start afresh
......Ecclesiastes
Back to top
  |
Jamani
#6 Posted : Sunday, October 14, 2012 7:23:20 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Afroblk wrote:
I always consider myself a long term buyer but i think some long term hurts.

NSE has been performing very poorly but i still have hopes with the market. not too sure if it will be affected by the elections next year. For those back at home, what is the situation like? do you think there will be violence after the elections? i don't want to lose the gains that i've made in some counters. please advise. Thanks.


if it will be affected by the elections next year?
Yes it will..with or without violence..
Back to top
  | | Edit by user: Sunday, October 14, 2012 7:31 PM | Reason: Not specified
S.Mutaga III
#7 Posted : Sunday, October 14, 2012 8:33:51 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
Afroblk wrote:
I always consider myself a long term buyer but i think some long term hurts. I just wanted to highlight some stocks that have really frustrated me, i even forgot about them. I can never sell at a loss, and will hold them for as long as i can.

Bamburi bought @ 170 sometime in march 2010
Housing Finance bought @ 18 march 2010
EAPC @ 85
Kengen @ 15
BOC @ 160

While some stocks frustrated me, some gave me hope and not quit.

BAT @190 now 450
Equity @15 now 23
Carbacid @ 100 now 122
Scangroup @ 45 now 58

NSE has been performing very poorly but i still have hopes with the market. not too sure if it will be affected by the elections next year. For those back at home, what is the situation like? do you think there will be violence after the elections? i don't want to lose the gains that i've made in some counters. please advise. Thanks.

I dont think anyone should blame the stock market...some counters gained even during the bear market...it depends on you!
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Back to top
  |
youcan'tstopusnow
#8 Posted : Sunday, October 14, 2012 9:09:04 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
You win some, you lose some
GOD BLESS YOUR LIFE
Back to top
WWW
  |
Jamani
#9 Posted : Sunday, October 14, 2012 9:13:03 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Stock exchange is not for the faint hearted.
Back to top
  |
Afroblk
#10 Posted : Monday, October 15, 2012 6:49:52 AM
Rank: New-farer

Joined: 3/3/2010
Posts: 79
kenmac wrote:
First, you have too many counters which is a pointer that maybe you are just speculating. One rule of WB is that diversification is for those who do not know what they are doing. start afresh



First of all, don't we all speculate at some point? even Warren Buffet admitted speculating at some point. Second, diversification is the one thing financial advisers always preach. What if i hadn't diversified my portfolio? I could have lost a fortune.
Knowledge is contagious...Infect truth!
Back to top
  |
4 Pages123>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.