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Too many HELLOS, Time to quit stocks!
Rank: Member Joined: 8/17/2007 Posts: 294
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mkate_nusu wrote:Spikes wrote:Angelica _ann wrote:maka wrote:enyands wrote:Aguytrying wrote:sparkly wrote:Time to buy.
Avoid stocks that appear "cheap". Stocks trading in lower single digits also called penny stocks.
"Cheap" stocks like Mumias, Uchumi, Home Afrika, Olympia, Eveready and Kenya Airways are very expensive in the long run.
Avoid at all costs. Agreed. Time to buy What about cic Am interested in this one.... My target has been 3.5 but seems that will not happen. Buying at 4 Bob dips, batches!! The cic stock has no support. 3.5/- even lower will print very soon. I am waiting @3bob! if it goes to 3.00 KES I will sell all my furniture to purchase more. I am sitting comfortably at ABP of 4 and have weekly pending buy orders with my broker at same price CIC??? Why would anyone want to own a stock that spends 96% of its income paying claims and opex? its worth 2/-
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Rank: Elder Joined: 6/23/2009 Posts: 14,224 Location: nairobi
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instinct wrote:mkate_nusu wrote:Spikes wrote:Angelica _ann wrote:maka wrote:enyands wrote:Aguytrying wrote:sparkly wrote:Time to buy.
Avoid stocks that appear "cheap". Stocks trading in lower single digits also called penny stocks.
"Cheap" stocks like Mumias, Uchumi, Home Afrika, Olympia, Eveready and Kenya Airways are very expensive in the long run.
Avoid at all costs. Agreed. Time to buy What about cic Am interested in this one.... My target has been 3.5 but seems that will not happen. Buying at 4 Bob dips, batches!! The cic stock has no support. 3.5/- even lower will print very soon. I am waiting @3bob! if it goes to 3.00 KES I will sell all my furniture to purchase more. I am sitting comfortably at ABP of 4 and have weekly pending buy orders with my broker at same price CIC??? Why would anyone want to own a stock that spends 96% of its income paying claims and opex? its worth 2/- Kenya Airways turn around almost in full effect
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Rank: Member Joined: 11/19/2009 Posts: 3,142
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After reading this whole thread from inception, i'm convinced that the most solid counters to be acquired at the moment are: Safcom @17 after 2nd sep, Kenya Re @19, Equity @36/37, KK @10 or sub 10, Carbacid @ 14, Scangroup @15. May seem expensive but these counters look credible for the next maybe one year. Pure speculation though.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mikegachunji wrote:After reading this whole thread from inception, i'm convinced that the most solid counters to be acquired at the moment are: Safcom @17 after 2nd sep, Kenya Re @19, Equity @36/37, KK @10 or sub 10, Carbacid @ 14, Scangroup @15. May seem expensive but these counters look credible for the next maybe one year. Pure speculation though. Welcome to wazua, you came in at the right time "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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mikegachunji wrote:After reading this whole thread from inception, i'm convinced that the most solid counters to be acquired at the moment are: Safcom @17 after 2nd sep, Kenya Re @19, Equity @36/37, KK @10 or sub 10, Carbacid @ 14, Scangroup @15. May seem expensive but these counters look credible for the next maybe one year. Pure speculation though. You have started on gear number 4.good analysis though
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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sparkly wrote:Time to buy.
Avoid stocks that appear "cheap". Stocks trading in lower single digits also called penny stocks.
"Cheap" stocks like Mumias, Uchumi, Home Afrika, Olympia, Eveready and Kenya Airways are very expensive in the long run.
Avoid at all costs. Not true. [Yes, I agree Mumias, Uchumi, Home Afrika, Olympia, Eveready and Kenya Airways are pieces of crap] Many shares were at "lower single digits" not so long ago e.g. Safaricom. Even KK was in the 7-8 range. Look at PER, PB, etc... not the "price" [Kurwitu trades at 1,500/- but would you buy it?] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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sparkly wrote:Time to buy.
Avoid stocks that appear "cheap". Stocks trading in lower single digits also called penny stocks.
"Cheap" stocks like Mumias, Uchumi, Home Afrika, Olympia, Eveready and Kenya Airways are very expensive in the long run.
Avoid at all costs. @sparkly any inside info? Which stocks are you buying currently? 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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mkate_nusu wrote:sparkly wrote:Time to buy.
Avoid stocks that appear "cheap". Stocks trading in lower single digits also called penny stocks.
"Cheap" stocks like Mumias, Uchumi, Home Afrika, Olympia, Eveready and Kenya Airways are very expensive in the long run.
Avoid at all costs. @sparkly any inside info? Which stocks are you buying currently? Kenya Re - Underpriced insurance Equity - Most efficient bank in utilizing capital TPSEA - Eye on recovery NMG - well newspapers Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:instinct wrote:mkate_nusu wrote:Spikes wrote:Angelica _ann wrote:maka wrote:enyands wrote:Aguytrying wrote:sparkly wrote:Time to buy.
Avoid stocks that appear "cheap". Stocks trading in lower single digits also called penny stocks.
"Cheap" stocks like Mumias, Uchumi, Home Afrika, Olympia, Eveready and Kenya Airways are very expensive in the long run.
Avoid at all costs. Agreed. Time to buy What about cic Am interested in this one.... My target has been 3.5 but seems that will not happen. Buying at 4 Bob dips, batches!! The cic stock has no support. 3.5/- even lower will print very soon. I am waiting @3bob! if it goes to 3.00 KES I will sell all my furniture to purchase more. I am sitting comfortably at ABP of 4 and have weekly pending buy orders with my broker at same price CIC??? Why would anyone want to own a stock that spends 96% of its income paying claims and opex? its worth 2/- Kenya Airways turn around almost in full effect @Obiero your KQ plunge protection comments have lost steam. Wazuans are set to begin hammering you again at sub 2bob! A time to chill now! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Quote:Kenyanwallstreet @kenyanwalstreet
Deacons posts Ksh 70 Million Loss two weeks after listing on NSE Why is it that firms that have listed on the NSE decline, or declare losses just after the listing. To Each His Own
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Too many HELLOS, Time to quit stocks!
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