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Expensive Mistakes or an Education?

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tom_boy		#11 Posted : Monday, June 10, 2013 5:30:18 PM
Rank: Member Joined: 2/20/2007 Posts: 767		@siringi, I think the biggest lesson from you is "Dont rely on your broker to make you any money. They always serve their interests first" . Reminds me of a time back in late 90's when ARM was trading at 7 bob. I had just finished reading a book on TA and the chart had formed a perfect pattern for advance. I placed an order at 7.50 which was not filled for almost 2 weeks. The price short up to 14 bob and my order was promptly filled. That was the last time I used Nyaga Stockbrokers . . . . . thankfully. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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murchr		#12 Posted : Monday, June 10, 2013 6:24:06 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		tom_boy wrote: @siringi, I think the biggest lesson from you is "Dont rely on your broker to make you any money. They always serve their interests first" . Reminds me of a time back in late 90's when ARM was trading at 7 bob. I had just finished reading a book on TA and the chart had formed a perfect pattern for advance. I placed an order at 7.50 which was not filled for almost 2 weeks. The price short up to 14 bob and my order was promptly filled. That was the last time I used Nyaga Stockbrokers . . . . . thankfully. He bought and sold it to you at a profit, thank God for technology "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 .
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Caramba		#13 Posted : Monday, June 10, 2013 9:59:24 PM
Rank: Member Joined: 10/27/2010 Posts: 266 Location: Nairobi		Siringi wrote: SGL broker bought @50 current price 20 something Lesson; just because you watch KTN and read The Standard that does not translate into dividends AccessKenya @ 23 currently trading around 3-5 . Thinking of asking Somen for data bundles in lieu Lesson : stay away from fads Cfcstanbic @132 i do.t know what bhang' my broker was smoking told tis bank of the future.bank si hotel if bank has fancy reception serves coffee n snacks with staff speaking funny English run away with your money ! National bank 50 down to 20 :-lesson stay clear of sirkali mixed stocks Kq i understand nyaikuni invests in cows wish i had done the same¡ 110 to 11 bob proud to fly the national carrier sponsoring Rugby Safari 7's hapa hakuna pesa Lesson -ukiona sirkali mingi please beat corner . I love sevens jersey Kenya power: whenever i get my monthly reddy kilowatt bills i console my self it shall come back via the other pocket LESSON find out how management is hired before you put your moneyin a stock. Pole Mzee.
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VituVingiSana		#14 Posted : Friday, June 14, 2013 1:08:42 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,344 Location: Nairobi		KQ announces 10.8bn Loss BT. Price falls towards 10. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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VituVingiSana		#15 Posted : Sunday, January 26, 2014 5:24:18 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,344 Location: Nairobi		Let's take stock since 8 June 2013 ... There has been a 'boom' since 8 June 2013 to 24 Jan 2014: KPLC: Was 16.50 and now 15 KQ: Was 11 and now 13 [Nothing to write home about when banks lend at 20% pa] Olympia: Was 5 and now 4.50 KK: Was 10.20 and now 9.95 So the laggards remain laggards while others have shone: Safaricom 7.20 to 12.80 Britam 8.45 to 19.25 HFCK 26.75 to 34 And many more... What's the common thread? Ownership by the Board, Management & Staff. Olympia has owners among the Board but I doubt their integrity with insider loans and multiple intra-company transactions with entities owned in part or whole by the Board! Greedy when others are fearful. Very fearful when others are greedy* - *to paraphrase Warren Buffett*
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obiero		#16 Posted : Sunday, January 26, 2014 7:32:16 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi		Siringi wrote: SGL broker bought @50 current price 20 something Lesson; just because you watch KTN and read The Standard that does not translate into dividends AccessKenya @ 23 currently trading around 3-5 . Thinking of asking Somen for data bundles in lieu Lesson : stay away from fads Cfcstanbic @132 i do.t know what bhang' my broker was smoking told tis bank of the future.bank si hotel if bank has fancy reception serves coffee n snacks with staff speaking funny English run away with your money ! National bank 50 down to 20 :-lesson stay clear of sirkali mixed stocks Kq i understand nyaikuni invests in cows wish i had done the same¡ 110 to 11 bob proud to fly the national carrier sponsoring Rugby Safari 7's hapa hakuna pesa Lesson -ukiona sirkali mingi please beat corner . I love sevens jersey Kenya power: whenever i get my monthly reddy kilowatt bills i console my self it shall come back via the other pocket LESSON find out how management is hired before you put your moneyin a stock. lol @data bundles in lieu KQ ABP 4.26
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MaichBlack		#17 Posted : Sunday, January 26, 2014 1:52:33 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,836		Siringi wrote: Kq i understand nyaikuni invests in cows wish i had done the same¡ 110 to 11 bob proud to fly the national carrier sponsoring Rugby Safari 7's hapa hakuna pesa That's a funny one!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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timuka		#18 Posted : Sunday, January 26, 2014 1:59:48 PM
Rank: Member Joined: 1/21/2013 Posts: 427		MaichBlack wrote: Siringi wrote: Kq i understand nyaikuni invests in cows wish i had done the same¡ 110 to 11 bob proud to fly the national carrier sponsoring Rugby Safari 7's hapa hakuna pesa That's a funny one!!!
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obiero		#19 Posted : Thursday, July 03, 2025 10:29:25 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi		Not a mistake, if you learn from it KQ ABP 4.26
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