Wazua
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Trans Century Limited HY16
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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h2s wrote:Fyatu wrote:This thing has gained almost 100% since the kshs. 4.20 bottom. How i wish i had moped some. Now there is no supply and it is doing almost 10% per day? Seems like it is destination 21 bob Did you check how many shares have been traded within the same period? Ever since the rally started the supply has been less than 2000 shares...I remember when it was at kshs. 4.20 the supply was always 100k or thereabouts. Its a wake up call to all wazuans who always say, i will buy, i will buy only for supply to dry up and a rally to begin Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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the take home lesson is.....don't listen to the so called elders who are very active in this thread LINK They are all talk (mouth possession) and have a penchant to rubbish companies especially low-capped Kenyan owned businesses. If you know how to read a balance sheet and a P & L, and have eyes and can see big billboards on projects saying "XYZ road being constructed by Civicon" or you see those ready mix concrete lorries branded with a listed cement company logo at the SGR site, or you go to supermarkets not to shop but to observe if Zoe lotion is a favorite for back-to-school shopping etc, then the time for action is now... i remember when Britam was struggling at 5 bob, the elders advised that they wouldn't touch it with a 12 foot pole but it rallied to 40bob....i don't want to even talk about Safaricom....do your due diligence wanjiko Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Fyatu wrote:the take home lesson is.....don't listen to the so called elders who are very active in this thread LINK They are all talk (mouth possession) and have a penchant to rubbish companies especially low-capped Kenyan owned businesses. If you know how to read a balance sheet and a P & L, and have eyes and can see big billboards on projects saying "XYZ road being constructed by Civicon" or you see those ready mix concrete lorries branded with a listed cement company logo at the SGR site, or you go to supermarkets not to shop but to observe if Zoe lotion is a favorite for back-to-school shopping etc, then the time for action is now... i remember when Britam was struggling at 5 bob, the elders advised that they wouldn't touch it with a 12 foot pole but it rallied to 40bob....i don't want to even talk about Safaricom....do your due diligence wanjiko Respect your elders Life is short. Live passionately.
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Rank: Chief You have been a member since:: 8/4/2010 Posts: 8,977
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Fyatu wrote:the take home lesson is.....don't listen to the so called elders who are very active in this thread LINK They are all talk (mouth possession) and have a penchant to rubbish companies especially low-capped Kenyan owned businesses. If you know how to read a balance sheet and a P & L, and have eyes and can see big billboards on projects saying "XYZ road being constructed by Civicon" or you see those ready mix concrete lorries branded with a listed cement company logo at the SGR site, or you go to supermarkets not to shop but to observe if Zoe lotion is a favorite for back-to-school shopping etc, then the time for action is now... i remember when Britam was struggling at 5 bob, the elders advised that they wouldn't touch it with a 12 foot pole but it rallied to 40bob....i don't want to even talk about Safaricom....do your due diligence wanjiko 
Unbelievable @fyatu after all these days of a spectacular nosedive due to funny games by this firm, which "didn't" default on its bond obligations 
KORCH also rallied on vapour volume... Vapour volume rallies never end well. Good luck  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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sparkly wrote:Fyatu wrote:the take home lesson is.....don't listen to the so called elders who are very active in this thread LINK They are all talk (mouth possession) and have a penchant to rubbish companies especially low-capped Kenyan owned businesses. If you know how to read a balance sheet and a P & L, and have eyes and can see big billboards on projects saying "XYZ road being constructed by Civicon" or you see those ready mix concrete lorries branded with a listed cement company logo at the SGR site, or you go to supermarkets not to shop but to observe if Zoe lotion is a favorite for back-to-school shopping etc, then the time for action is now... i remember when Britam was struggling at 5 bob, the elders advised that they wouldn't touch it with a 12 foot pole but it rallied to 40bob....i don't want to even talk about Safaricom....do your due diligence wanjiko Respect your elders I think we need to balance our analysis to those of elders. I have discovered we do make mistakes because we do analysis either TA or fundamental in isolation of the elders. Due diligence especially one involving interpreting balance sheet and P &L accounts. And general knowledge on the developments in the corporate scene is key ingredient in making sound investments. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 10/26/2015 Posts: 151
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Fyatu wrote:the take home lesson is.....don't listen to the so called elders who are very active in this thread LINK They are all talk (mouth possession) and have a penchant to rubbish companies especially low-capped Kenyan owned businesses. If you know how to read a balance sheet and a P & L, and have eyes and can see big billboards on projects saying "XYZ road being constructed by Civicon" or you see those ready mix concrete lorries branded with a listed cement company logo at the SGR site, or you go to supermarkets not to shop but to observe if Zoe lotion is a favorite for back-to-school shopping etc, then the time for action is now... i remember when Britam was struggling at 5 bob, the elders advised that they wouldn't touch it with a 12 foot pole but it rallied to 40bob....i don't want to even talk about Safaricom....do your due diligence wanjiko I'm keeping this for posterity.
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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I was indeed burnt to recognition by TCL. I bougt 22,000 shares in 2013 @kshs. 32 only to see my money dissolve to less than 150K. My point is, currently at the NSE there are many stocks which are at very very low prices. Some are even trading at 1/3 of NAV and have a history of increased revenue, profit and EPS as well as pay dividends. Once these stocks begin rallying, expect a shortage of supply and when they max out then supply will increase which will be a pointer to offload and run Dumb money becomes dumb only when it listens to smart money
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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blinding shareholders. give people what they want to see KEGN, KPLC, KQ, SCOM
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Fyatu wrote:I was indeed burnt to recognition by TCL. I bougt 22,000 shares in 2013 @kshs. 32 only to see my money dissolve to less than 150K. My point is, currently at the NSE there are many stocks which are at very very low prices. Some are even trading at 1/3 of NAV and have a history of increased revenue, profit and EPS as well as pay dividends. Once these stocks begin rallying, expect a shortage of supply and when they max out then supply will increase which will be a pointer to offload and run Wish you quick recovery, cover your blisters to avoid infection Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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Wacha akina @fytau wananue these shares. Let them learn the lessons we learnt with crap like Olympia and KQ. I'll stick with shares in firms that don't keep me awake at night! Nor do I want to be glued to a screen to see when I can sell. And on vapor volumes. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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