Wazua
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Madness at the NSE
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Sufficiently Philanga....thropic wrote:cnn wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:Meanwhile, another trading day, another rout. The bears firmly on the driver's seat! I am already in the red on additional shares I bought this week because I knew announcement of results might push them up. I made sure I bought on Monday and some on Tuesday!! Then it was Rhumba time!!! My biggest problem is not even the price per say (I am long term) but how many more shares I would have bought had I bought today or probably next week. And it is maaany!!! The regret/opportunity costs/mistakes etc can make one overindulge especially seeing today is Furahiday. Honestly,this week has been like playing in the casino. You want to seat on your hands but the temptation to press sell/buy button overwhelms you! Exactly!!! I still need to buy more Equity and watching the market today tells me I should go in on Monday at 37 - 38. I might go in and we discover new lows. Or there is a turn around and I even don't get the chance to buy at those levels!!! You don't know what to expect. Same for BAT. It seems like it will get support at 430 but no one knows if that will hold!!! Consider staggering the buys over the 3 days ending Wednesday Today was my day one,whatever will be will be. The prices were quite enticing today! @cnn the trigger has been pulled too quickly, patience is a virtue.. but your boldness is commendable
KQ ABP 4.26
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:Meanwhile, another trading day, another rout. The bears firmly on the driver's seat! I am already in the red on additional shares I bought this week because I knew announcement of results might push them up. I made sure I bought on Monday and some on Tuesday!! Then it was Rhumba time!!! My biggest problem is not even the price per say (I am long term) but how many more shares I would have bought had I bought today or probably next week. And it is maaany!!! The regret/opportunity costs/mistakes etc can make one overindulge especially seeing today is Furahiday. Honestly,this week has been like playing in the casino. You want to seat on your hands but the temptation to press sell/buy button overwhelms you! Exactly!!! I still need to buy more Equity and watching the market today tells me I should go in on Monday at 37 - 38. I might go in and we discover new lows. Or there is a turn around and I even don't get the chance to buy at those levels!!! You don't know what to expect. Same for BAT. It seems like it will get support at 430 but no one knows if that will hold!!! Consider staggering the buys over the 3 days ending Wednesday When are Equity results being released? The "inside information" we have been receiving here has been very outside!!! I want to buy before the release. If they declare a dividend of kshs. 4/= to 5/= it is bye bye discount prices. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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cnn wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:Meanwhile, another trading day, another rout. The bears firmly on the driver's seat! I am already in the red on additional shares I bought this week because I knew announcement of results might push them up. I made sure I bought on Monday and some on Tuesday!! Then it was Rhumba time!!! My biggest problem is not even the price per say (I am long term) but how many more shares I would have bought had I bought today or probably next week. And it is maaany!!! The regret/opportunity costs/mistakes etc can make one overindulge especially seeing today is Furahiday. Honestly,this week has been like playing in the casino. You want to seat on your hands but the temptation to press sell/buy button overwhelms you! Exactly!!! I still need to buy more Equity and watching the market today tells me I should go in on Monday at 37 - 38. I might go in and we discover new lows. Or there is a turn around and I even don't get the chance to buy at those levels!!! You don't know what to expect. Same for BAT. It seems like it will get support at 430 but no one knows if that will hold!!! Consider staggering the buys over the 3 days ending Wednesday Today was my day one,whatever will be will be. That's the spirit. This discounts are very easy to miss. Turn around comes suddenly and the price start retracing with very thin volumes available to buy. I remember equity suddenly falling to 28/= slightly over a year ago, I blinked that material day and it started rising daily from the next day. Decided not to panic chase and before I knew the bus was gone!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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obiero wrote:Sufficiently Philanga....thropic wrote:cnn wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:Meanwhile, another trading day, another rout. The bears firmly on the driver's seat! I am already in the red on additional shares I bought this week because I knew announcement of results might push them up. I made sure I bought on Monday and some on Tuesday!! Then it was Rhumba time!!! My biggest problem is not even the price per say (I am long term) but how many more shares I would have bought had I bought today or probably next week. And it is maaany!!! The regret/opportunity costs/mistakes etc can make one overindulge especially seeing today is Furahiday. Honestly,this week has been like playing in the casino. You want to seat on your hands but the temptation to press sell/buy button overwhelms you! Exactly!!! I still need to buy more Equity and watching the market today tells me I should go in on Monday at 37 - 38. I might go in and we discover new lows. Or there is a turn around and I even don't get the chance to buy at those levels!!! You don't know what to expect. Same for BAT. It seems like it will get support at 430 but no one knows if that will hold!!! Consider staggering the buys over the 3 days ending Wednesday Today was my day one,whatever will be will be. The prices were quite enticing today! @cnn the trigger has been pulled too quickly, patience is a virtue.. but your boldness is commendable On this, patience might become a vice. If Equity announce a dividend of 5/= or thereabout, it is back to 40s and above. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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We always say cash is king but if your cash is in Kshs... iko shida!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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MaichBlack wrote:obiero wrote:Sufficiently Philanga....thropic wrote:cnn wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:Meanwhile, another trading day, another rout. The bears firmly on the driver's seat! I am already in the red on additional shares I bought this week because I knew announcement of results might push them up. I made sure I bought on Monday and some on Tuesday!! Then it was Rhumba time!!! My biggest problem is not even the price per say (I am long term) but how many more shares I would have bought had I bought today or probably next week. And it is maaany!!! The regret/opportunity costs/mistakes etc can make one overindulge especially seeing today is Furahiday. Honestly,this week has been like playing in the casino. You want to seat on your hands but the temptation to press sell/buy button overwhelms you! Exactly!!! I still need to buy more Equity and watching the market today tells me I should go in on Monday at 37 - 38. I might go in and we discover new lows. Or there is a turn around and I even don't get the chance to buy at those levels!!! You don't know what to expect. Same for BAT. It seems like it will get support at 430 but no one knows if that will hold!!! Consider staggering the buys over the 3 days ending Wednesday Today was my day one,whatever will be will be. The prices were quite enticing today! @cnn the trigger has been pulled too quickly, patience is a virtue.. but your boldness is commendable On this, patience might become a vice. If Equity announce a dividend of 5/= or thereabout, it is back to 40s and above. The fact that they have taken forever to announce their FY results points to one thing; the news won't be anything to write home about. 5/= dividend is a tad over the top, not forgetting that a couple of years ago they announced a modest dividend before promptly cancelling it. I recall with nostalgia when Equity used to be always the first to announce their FY results. Those were the days when Equity was the leader in the banking sector.
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:Meanwhile, another trading day, another rout. The bears firmly on the driver's seat! I am already in the red on additional shares I bought this week because I knew announcement of results might push them up. I made sure I bought on Monday and some on Tuesday!! Then it was Rhumba time!!! My biggest problem is not even the price per say (I am long term) but how many more shares I would have bought had I bought today or probably next week. And it is maaany!!! The regret/opportunity costs/mistakes etc can make one overindulge especially seeing today is Furahiday. Honestly,this week has been like playing in the casino. You want to seat on your hands but the temptation to press sell/buy button overwhelms you! Exactly!!! I still need to buy more Equity and watching the market today tells me I should go in on Monday at 37 - 38. I might go in and we discover new lows. Or there is a turn around and I even don't get the chance to buy at those levels!!! You don't know what to expect. Same for BAT. It seems like it will get support at 430 but no one knows if that will hold!!! BAT currently trading at 420/= cum-dividend looks rather crazy. This epitomises the madness at the NSE.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Queen wrote:MaichBlack wrote:obiero wrote:Sufficiently Philanga....thropic wrote:cnn wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:Meanwhile, another trading day, another rout. The bears firmly on the driver's seat! I am already in the red on additional shares I bought this week because I knew announcement of results might push them up. I made sure I bought on Monday and some on Tuesday!! Then it was Rhumba time!!! My biggest problem is not even the price per say (I am long term) but how many more shares I would have bought had I bought today or probably next week. And it is maaany!!! The regret/opportunity costs/mistakes etc can make one overindulge especially seeing today is Furahiday. Honestly,this week has been like playing in the casino. You want to seat on your hands but the temptation to press sell/buy button overwhelms you! Exactly!!! I still need to buy more Equity and watching the market today tells me I should go in on Monday at 37 - 38. I might go in and we discover new lows. Or there is a turn around and I even don't get the chance to buy at those levels!!! You don't know what to expect. Same for BAT. It seems like it will get support at 430 but no one knows if that will hold!!! Consider staggering the buys over the 3 days ending Wednesday Today was my day one,whatever will be will be. The prices were quite enticing today! @cnn the trigger has been pulled too quickly, patience is a virtue.. but your boldness is commendable On this, patience might become a vice. If Equity announce a dividend of 5/= or thereabout, it is back to 40s and above. The fact that they have taken forever to announce their FY results points to one thing; the news won't be anything to write home about. 5/= dividend is a tad over the top, not forgetting that a couple of years ago they announced a modest dividend before promptly cancelling it. I recall with nostalgia when Equity used to be always the first to announce their FY results. Those were the days when Equity was the leader in the banking sector. Correct. In 2007, their best set of accounts ever, where they gave a bonus of 2 for every 1 share held, FY2006 results were released on February 13th 2007! Where is Kibaki?  @SufficientlyP
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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Queen wrote:MaichBlack wrote:obiero wrote:Sufficiently Philanga....thropic wrote:cnn wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:Meanwhile, another trading day, another rout. The bears firmly on the driver's seat! I am already in the red on additional shares I bought this week because I knew announcement of results might push them up. I made sure I bought on Monday and some on Tuesday!! Then it was Rhumba time!!! My biggest problem is not even the price per say (I am long term) but how many more shares I would have bought had I bought today or probably next week. And it is maaany!!! The regret/opportunity costs/mistakes etc can make one overindulge especially seeing today is Furahiday. Honestly,this week has been like playing in the casino. You want to seat on your hands but the temptation to press sell/buy button overwhelms you! Exactly!!! I still need to buy more Equity and watching the market today tells me I should go in on Monday at 37 - 38. I might go in and we discover new lows. Or there is a turn around and I even don't get the chance to buy at those levels!!! You don't know what to expect. Same for BAT. It seems like it will get support at 430 but no one knows if that will hold!!! Consider staggering the buys over the 3 days ending Wednesday Today was my day one,whatever will be will be. The prices were quite enticing today! @cnn the trigger has been pulled too quickly, patience is a virtue.. but your boldness is commendable On this, patience might become a vice. If Equity announce a dividend of 5/= or thereabout, it is back to 40s and above. The fact that they have taken forever to announce their FY results points to one thing; the news won't be anything to write home about. 5/= dividend is a tad over the top, not forgetting that a couple of years ago they announced a modest dividend before promptly cancelling it. I recall with nostalgia when Equity used to be always the first to announce their FY results. Those were the days when Equity was the leader in the banking sector. Equity results will be very good. The only bad news might be hiw earnings they decide to retain. Equity decided to cancel payment of dividends because of COVID and that was very responsible. They wanted to ensure they had enough funds to navigate a trying period full of unknowns and they did. Even individuals who had money "retained their earnings". They kept as much of the money as they could to deal with all the unknowns. You cannot give dividends in the middle of a global pandemic and then start hustling for capital/funds if the shocks are too much!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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MaichBlack wrote:Queen wrote:MaichBlack wrote:obiero wrote:Sufficiently Philanga....thropic wrote:cnn wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Sufficiently Philanga....thropic wrote:Meanwhile, another trading day, another rout. The bears firmly on the driver's seat! I am already in the red on additional shares I bought this week because I knew announcement of results might push them up. I made sure I bought on Monday and some on Tuesday!! Then it was Rhumba time!!! My biggest problem is not even the price per say (I am long term) but how many more shares I would have bought had I bought today or probably next week. And it is maaany!!! The regret/opportunity costs/mistakes etc can make one overindulge especially seeing today is Furahiday. Honestly,this week has been like playing in the casino. You want to seat on your hands but the temptation to press sell/buy button overwhelms you! Exactly!!! I still need to buy more Equity and watching the market today tells me I should go in on Monday at 37 - 38. I might go in and we discover new lows. Or there is a turn around and I even don't get the chance to buy at those levels!!! You don't know what to expect. Same for BAT. It seems like it will get support at 430 but no one knows if that will hold!!! Consider staggering the buys over the 3 days ending Wednesday Today was my day one,whatever will be will be. The prices were quite enticing today! @cnn the trigger has been pulled too quickly, patience is a virtue.. but your boldness is commendable On this, patience might become a vice. If Equity announce a dividend of 5/= or thereabout, it is back to 40s and above. The fact that they have taken forever to announce their FY results points to one thing; the news won't be anything to write home about. 5/= dividend is a tad over the top, not forgetting that a couple of years ago they announced a modest dividend before promptly cancelling it. I recall with nostalgia when Equity used to be always the first to announce their FY results. Those were the days when Equity was the leader in the banking sector. Equity results will be very good. The only bad news might be hiw earnings they decide to retain. Equity decided to cancel payment of dividends because of COVID and that was very responsible. They wanted to ensure they had enough funds to navigate a trying period full of unknowns and they did. Even individuals who had money "retained their earnings". They kept as much of the money as they could to deal with all the unknowns. You cannot give dividends in the middle of a global pandemic and then start hustling for capital/funds if the shocks are too much!!! Remember KCB results were also very good. However, when it came to declaring a decent dividend, that is where they drew the line. Anyway we shall know the reality in the course of this week but am not sanguine.
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