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Housing Finance: HFCK a diamond in the rough
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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obiero wrote:
The 52 week high is KES 5.48.. Not far at all
Despite KQ nearly ruining this wazua elder credibility, this man @Obiero should always be taken seriously especially on matters Exchange bar. I speak in code....  Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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Fyatu wrote:obiero wrote:
The 52 week high is KES 5.48.. Not far at all
Despite KQ nearly ruining this wazua elder credibility, this man @Obiero should always be taken seriously especially on matters Exchange bar. I speak in code.... Hehe. KQ is a gem and HF is a diamond in the rough. Always be keen realize value especially when it’s not apparent. One/many could have easily gained over 50% in just 12 months, instead of focusing on @Obiero 
KQ ABP 4.26
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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Penny stocks can move double digit %s very easily. From 2 to 3 bob is a 50% gain. See also KPLC's move from 1.3 to a high of 1.9. Doesn't mean the fundamentals are great. How about Nairobi Business Ventures moves. Dont read too much in the movement of a penny stock's price.
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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My 2 cents wrote:Penny stocks can move double digit %s very easily. From 2 to 3 bob is a 50% gain. See also KPLC's move from 1.3 to a high of 1.9. Doesn't mean the fundamentals are great. How about Nairobi Business Ventures moves. Dont read too much in the movement of a penny stock's price. Be ready to trade and leave alone emotions and theories
KQ ABP 4.26
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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obiero wrote:My 2 cents wrote:Penny stocks can move double digit %s very easily. From 2 to 3 bob is a 50% gain. See also KPLC's move from 1.3 to a high of 1.9. Doesn't mean the fundamentals are great. How about Nairobi Business Ventures moves. Dont read too much in the movement of a penny stock's price. Be ready to trade and leave alone emotions and theories I dont trade. I buy and hold long term. So I like to focus on quality companies.
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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My 2 cents wrote:obiero wrote:My 2 cents wrote:Penny stocks can move double digit %s very easily. From 2 to 3 bob is a 50% gain. See also KPLC's move from 1.3 to a high of 1.9. Doesn't mean the fundamentals are great. How about Nairobi Business Ventures moves. Dont read too much in the movement of a penny stock's price. Be ready to trade and leave alone emotions and theories I dont trade. I buy and hold long term. So I like to focus on quality companies. 50% gain for larger caps is very rare. But 50% income gain is 50% income gain, whether earned via fish sales, penny stocks or real estate etc. I am a hybrid of trader and investor but leaning heavy on trader
KQ ABP 4.26
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market.
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Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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Ericsson wrote:My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Lets put this in practice hypothetically. Pick one stock tomorrow, which you think will go up 25% in the next 7 months. Then lets circle back in Jun 2022. Please report tomorrow which that stock is so that we record tomorrows price. Theory always much easier than action.
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