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Beginners advice - Buy Cheap, gain big?
Tall Order
#11 Posted : Tuesday, August 26, 2014 9:53:35 AM
Rank: Member

Joined: 5/9/2014
Posts: 130
Location: Nairobi
@KIRTI,
Any cheaper share with CFC Stanbic he can only afford 800 shares at the prevailing market rates to have anything significant. Talk about putting all your eggs in one basket.
maka
#12 Posted : Tuesday, August 26, 2014 10:34:40 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Francisnjuguna wrote:
I am new comer in stocks.I want to start with 100K.My senses tells me to buy shares in 3 counters
1.Britam-33%
2.Safaricom-33%
3.NIC-33%

Whats you advice


I would buy Kenol with the whole amount...That's just me...
possunt quia posse videntur
sparkly
#13 Posted : Tuesday, August 26, 2014 10:36:09 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Tall Order wrote:
@KIRTI,
Any cheaper share with CFC Stanbic he can only afford 800 shares at the prevailing market rates to have anything significant. Talk about putting all your eggs in one basket.


What is a cheap share?
Life is short. Live passionately.
Francisnjuguna
#14 Posted : Tuesday, August 26, 2014 11:36:03 AM
Rank: New-farer

Joined: 7/16/2014
Posts: 21
Location: Kenya and Liberia
Buy Cheap,gain big

Is there something like buying cheap on stocks.How is Kenya Orchards and Express.They are cheap stocks but for the year now,they had the best gain.
njuguna1
dunkang
#15 Posted : Tuesday, August 26, 2014 11:41:54 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Francisnjuguna wrote:
Is there something like buying cheap on stocks.How is Kenya Orchards and Express.They are cheap stocks but for the year now,they had the best gain.

Kenya Orchards? That a no no no no. They are so illiquid!
Receive with simplicity everything that happens to you.” ― Rashi

whiteowl
#16 Posted : Tuesday, August 26, 2014 11:47:30 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
dunkang wrote:
Francisnjuguna wrote:
Is there something like buying cheap on stocks.How is Kenya Orchards and Express.They are cheap stocks but for the year now,they had the best gain.

Kenya Orchards? That a no no no no. They are so illiquid!

those are stocks you should NEVER buy. if I'm not wrong, they make a combined profit of less than 5M/year.
CASHFLOW202
#17 Posted : Tuesday, August 26, 2014 12:54:22 PM
Rank: New-farer

Joined: 4/6/2013
Posts: 95
Francisnjuguna wrote:
Is there something like buying cheap on stocks.How is Kenya Orchards and Express.They are cheap stocks but for the year now,they had the best gain.


Olympia capital meets the Bill Grams valuation strategy that the NCAVPA and factoring the 67%"price limit, it brings the valuation to about 10-15bob. But remember these are valuations for long term investment of not less than 5yrs.
Monopoly was the industrial age money game and the name of the new game of money today in the information age is CASHFLOW
h2s
#18 Posted : Tuesday, August 26, 2014 2:41:11 PM
Rank: Member

Joined: 7/20/2012
Posts: 141
whiteowl wrote:
dunkang wrote:
Francisnjuguna wrote:
Is there something like buying cheap on stocks.How is Kenya Orchards and Express.They are cheap stocks but for the year now,they had the best gain.

Kenya Orchards? That a no no no no. They are so illiquid!

those are stocks you should NEVER buy. if I'm not wrong, they make a combined profit of less than 5M/year.

Indeed, as for Kenya Orchards, how many shares were traded to bring it to the current prices? I bet only two people have been trading this thing between themselves to pump it up.
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