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2018 Best Stock To Own......What's Your Prediction?
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VituVingiSana
#226 Posted : Friday, April 19, 2019 10:25:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
Ebenyo wrote:
My ABP in kenre is 20 while the current price is 11.
Im planning to average down for long term positioning.

Only buy KenyaRe at 11 if you would have bought them at 11 even if you had no KenyaRe at 20.
Buy any share, at whatever price, on its own strengths rather than trying to average down.

I am not a fan of GoK firms but 11 is very attractive and I got myself some more. This is for the very patient investor.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ebenyo
#227 Posted : Saturday, April 20, 2019 9:33:05 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
VituVingiSana wrote:
Ebenyo wrote:
My ABP in kenre is 20 while the current price is 11.
Im planning to average down for long term positioning.

Only buy KenyaRe at 11 if you would have bought them at 11 even if you had no KenyaRe at 20.
Buy any share, at whatever price, on its own strengths rather than trying to average down.

I am not a fan of GoK firms but 11 is very attractive and I got myself some more. This is for the very patient investor.




I'm willing to be patient.My risk tolerance level is not bad.
Towards the goal of financial freedom
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