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Q3 2017: A Strategic Re-entry into the stock market-NSE
Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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The market has caught a cold Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Ericsson wrote:The market has caught a cold Just when Kk was preparing to wakeup "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Ericsson wrote:The market has caught a cold The election phobia.Five weeks away.So wacha watu waoga watoke ndio tununue hisa kwa bei chini. Towards the goal of financial freedom
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Rank: Member Joined: 2/20/2007 Posts: 359
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The he-goat died hard on Christmas day when they did price-transfer.
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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slykat wrote:The he-goat died hard on Christmas day when they did price-transfer. My small head is seeing red and as such my big head is suppressed. You might want to translate your sentiments for my small head, otherwise we might end up taking this thread Greensward on a false red flag.
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Rank: Member Joined: 2/20/2007 Posts: 359
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Mahegoat .... Over 90% controlling stake by single foreigner doesn't do for me. Or has it changed?
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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slykat wrote:Mahegoat .... Over 90% controlling stake by single foreigner doesn't do for me. Or has it changed? OOOoooo That hehehehehe Frankly, I have no idea. You see, my day job involves taking drafts, such as can be found on the first post of this thread, and re-writing or re-phrasing it into a format like what you probably read in the second post of this thread. It is quite well paying actually and work is a plenty. I guess you have to direct your queries to the initiator of the thread, @S.Mutaga III. I am flattered, by the way. Thank you.
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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@S.Mutaga: Had thought of an entry into Total Kenya but about a 1 month ago i happened to go to some godown in Industrial area at night and found a Total Kenya truck being siphoned off fuel and that made me re-think.
Siphoning i gather is a common problem but still somehow the OMCs still make profit.
Enjoy the ride.
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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Would you be so kind and let me (us) know what OMCs is (are)? Thank you in advance. kawi254 wrote:@S.Mutaga: Had thought of an entry into Total Kenya but about a 1 month ago i happened to go to some godown in Industrial area at night and found a Total Kenya truck being siphoned off fuel and that made me re-think.
Siphoning i gather is a common problem but still somehow the OMCs still make profit.
Enjoy the ride.
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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aemathenge wrote:Would you be so kind and let me (us) know what OMCs is (are)? Thank you in advance. kawi254 wrote:@S.Mutaga: Had thought of an entry into Total Kenya but about a 1 month ago i happened to go to some godown in Industrial area at night and found a Total Kenya truck being siphoned off fuel and that made me re-think.
Siphoning i gather is a common problem but still somehow the OMCs still make profit.
Enjoy the ride. Oil Marketing Companies
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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kawi254 wrote:@S.Mutaga: Had thought of an entry into Total Kenya but about a 1 month ago i happened to go to some godown in Industrial area at night and found a Total Kenya truck being siphoned off fuel and that made me re-think.
Siphoning i gather is a common problem but still somehow the OMCs still make profit.
Enjoy the ride. Shrinkage losses that OMCs make provision for. As long as Shrinkage is within normal range, nothing to worry about. Life is short. Live passionately.
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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Almost impossible to eradicate shrinkage. Also the product itself evaporates...measuring instruments may not be very precise. So allowance is made for 'normal' losses....but people have been known to take advantage of allowances...to siphon...alduterate...etc. Singly probably not much!
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Rank: Member Joined: 3/26/2012 Posts: 830
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It is now 2 months since I began this investment journey. Entry price:- 20.5 Current price: - 24 Percentage gain:- 17% Today, the business daily reported that half year earnings (PAT) rose by 33% from 717 million to 958 million. This is an outstanding performance. I intend to hold on as I wait for the end year results and possibly a handsome dividend. This is among the few companies at the NSE which has reported impressive performance. Link: http://www.businessdaily...67790-1kgqty/index.html
Happy Hunting A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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https://www.bloomberg.co...ve-but-still-beat-bonds
Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said the rally in markets over the last several years has made it harder to find bargains, but that stocks remain his choice over bonds. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/26/2012 Posts: 830
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It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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S.Mutaga III wrote:It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon. @S.mutaga what became of UNGA,ama metrics changed? you were very upbeat about it at some point. Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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S.Mutaga III wrote:It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon. Thats a decent return. Hongera
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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mamilli wrote:S.Mutaga III wrote:It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon. @S.mutaga what became of UNGA,ama metrics changed? you were very upbeat about it at some point. Could it be a case of "lions dont talk so all hunting success tales glorify the hunter?" For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Member Joined: 3/26/2012 Posts: 830
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It is approximately 7.5 months since I started this thread. Current performance is as follows: Counter: Total Kenya Buying Price: Ksh 20.5 per share Current Price: Ksh 30 per share Gross % Profit: 46.3% NB: So far, since January 2018, Total has been the best performing counter in the NSE. Happy Hunting A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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mamilli wrote:S.Mutaga III wrote:It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon. @S.mutaga what became of UNGA,ama metrics changed? you were very upbeat about it at some point. Takeover bid at 40/- Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Q3 2017: A Strategic Re-entry into the stock market-NSE
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