Wazua
»
Investor
»
Offshore
»
NO BODY WILLING TO SELL KQ
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
Sober wrote:alikujia wrote:the deal wrote:Guys i'm not panicking i'm just losing patience...if a 66% PAT triggers a sell off...what's next?...after holding and pumping money into KQ...i mean from 52.50 to 44 bob i'm still in losses...oh next month it will be 9 month without breaking even...i'm waiting for 3QTR operating stats if they dissapoint i will pack and bounce. this the big mistake pple make with "averaging down"!. Only buy more of the same shares if it, at a lower price it is still the best offer across the market. There are over 50 opportunities in the market! and they all offer returns in Ksh -/+. instead of doing that which is called averaging down. why can't you invest in another counter that you think may recoup your losses. buying more shares in the same company is limiting your chances. When i was averaging down on KQ i believed that the H1 2010/11 will be good i had an estimate of EPS of 3.5 they produced 3.11 which was super good considering the times we live in...what i didn't anticipate is this backlash...on another note KQ has underperfomed the NSE 20...the measure has risen almost 40% from January yet KQ has only returned 24%...
|
|
|
Wazua
»
Investor
»
Offshore
»
NO BODY WILLING TO SELL KQ
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.