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Never made money from stocks!
Mandlagh
#1 Posted : Thursday, July 31, 2008 1:42:00 PM
Rank: Member

Joined: 7/11/2008
Posts: 4
my good friends,i have been in the stock market for over 3yrs now,with a portfolio of arnd ksh 1.5m.However my net valuatn of my portfolio is always negative or at balance..i make money in this stock but another one pulls me down more.i rarely sell though..actualy only sold kengen after the ipo in 2006??i am always considering quiting coz i believe my money would have worked better for me in other investmnts..when i hear ppl talking of making money in stocks,i am left wondering wether its me who invested in the wrng counters..but again my counters are good from what i read in sk..i have BBK,KCB,HFCK,KENGEN,SCNGRP,SAFCM,EACBLES,NBK & EVRDY..I have participated in ipos,and rights issue for some of these companies..the only reason i havnt quit thus far is becos am not i need of the money at the moment and view it as a saving scheme...but this wont last longer.now my brothers & sisters,could u pls advise me wether to leave or hang on..and if to hang on..how i can make money..grds


seize the moment
MAREXX
#2 Posted : Thursday, July 31, 2008 2:28:00 PM
Rank: Member

Joined: 4/13/2008
Posts: 24
save for equity and bbk......i deakl with under 18s....small fluctuations bring much if you have arge volumes.....go for safcom....when its under 5.50 with a milli and wait for it to hit 8 bob.or more .do the maths bro

JESUS DOES NOT INVEST,HE SAVES.FOLLOW CHRIST!
tmatekwa
#3 Posted : Thursday, July 31, 2008 2:54:00 PM
Rank: Member

Joined: 10/1/2007
Posts: 232
You seem to be a long term investor. Your portfollio should consist of shares with a proven track record of growth. These are east african brewers,equity bank,nation media kcb. Other with potential prospects are,hfck,athi river,access kenya. You should by now have sold safaricom if you bought during the ipo to make a profit. Get rid of every thing and buy what I have outlined above.

Osama bin Laden
netscape
#4 Posted : Thursday, July 31, 2008 6:56:00 PM
Rank: Member

Joined: 6/30/2007
Posts: 5
You have a nice portfolio but you need to act on some of your stocks.
To me the rule is that I dispose those stocks that have surged in price by 4-7%- over the past one year- a hard decision! Hold on stocks that have stable PE but usually consider holding for those stable companies with high return on equity rather than those with high PE ratio that should get you something man.

Our tomorrow depends on life's present efforts {input} TODAY!
Gordon Gekko
#5 Posted : Thursday, July 31, 2008 7:06:00 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Your portfolio is what you have said it is - a saving. Would you rather liquidate it and keep the cash in a bank as an alternative saving method? I urge patience my friend. What do you do with the dividends anyway? If you reinvest it in more stock you will be amazed at the power of compounding.
doh
#6 Posted : Friday, August 01, 2008 3:59:00 AM
Rank: Member

Joined: 4/15/2008
Posts: 58
Get someone else to manage it for you. Your problem could be you donot sell when you need to.

Invest in BAAM equity fund. Fund grew by 24% over the last one year.

info is money
Peace
#7 Posted : Friday, August 01, 2008 5:50:00 AM
Rank: Member

Joined: 6/4/2008
Posts: 9
life is not always fair....

you have the money but it doesnt give you the returns...

to be sincere i only have 20,000 and i have been able to get some good returns...can you loan me some of your cash..then i pay at an interest....banks dont like giving single ladies loans..

though i also have a friend who pays some guy 10,000 then they trade on your behalf...she has been abls to make good money....

ahh
eli
#8 Posted : Friday, August 01, 2008 6:27:00 AM
Rank: Member

Joined: 6/17/2008
Posts: 294
1. Have a goal.
I pump my cash in like 2 counters! Not more than that and watch them grow,if they dont grow,I move(after a given timespan). I do the work of looking at my stocks,daily if not hourly. Jesus says,where your treasure is,there your heart is also.

1.5M three years ago should be 5M now! Properly invested in 1 or 2 counters. Why scatter your wealth if you know 95% that a given share will do well. Why do guess work by investing in other counters!which you are not sure! Diversification is for those who are guessing! If this doesnt work,then this will work. If not this share then that share. Get serious!

Take for example,Equity was 123bob(read discounted price/ margin of safety) in Feb,2008,and the bank had been bought by Helios(read good management),the bank was branching into UG(read growth and expansion) and the bank was giving like 30B shillings for Safaricom IPO(read aggressive,creating a market niche,good Moat,more revenues),and they by July 12,2008,just barely six months,it was like 330bob,the 1.5M you have could have given 4.5M,and you are telling me that you have made nothing! My goodness,You need caning!

Even Eveaready has doubled in the last six months, your cash would be 3M.

If monitoring stocks is a hard job,pump your cash with asset managers like Britak,Old mutual. The latter returned like 75% in the last three years. I was there on last weekend on Saturday,just to be abreast with news. I saw with my own two yes,the returns in the last three years. Your cash would be 2.6M now.

Please read financial news to know how these business and financial news affect your share/ stock. Dont just sit ndeeeeeeeeeeeeeeee,waiting for your cash to grow.

Information is not power,power is in acting on that information. Please read. Proverbs says that my people perish for lack of knowledge! Men get knowledge,get financial wisdom. If you were next to be I would have given you some caning. You are a joker.

If you need more advice,please email me,lets chat,talk,sms,on peter@thedoxa.net

Grab a website,visit www.thedoxa.net
Mandlagh
#9 Posted : Friday, August 01, 2008 6:55:00 AM
Rank: Member

Joined: 7/11/2008
Posts: 4
thanks guys,what am getting is i need to specialise,get a portfolio manager,be patient etc..it all sounds good but i have tried most...i dont want abnornal returns so am focusing on making 20-30% p.a..how can i?given that i have limited time.rgds

seize the moment
Wendz
#10 Posted : Friday, August 01, 2008 7:08:00 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
put it in Britak.... ask those who are in it what they made for the year!

Some deals are like glass. Sometimes it's better to leave them broken than try to hurt yourself putting it back together.
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