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Too many HELLOS, Time to quit stocks!
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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kayhara wrote: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. Because profits are massaged just before the listing. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Spikes wrote: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! Ebu tell him  Life is short. Live passionately.
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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sparkly wrote:kayhara wrote: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. Because profits are massaged just before the listing. @kayhara those are legal and professional tactics deployed by conmen to swindle Wanjiku KEGN, KPLC, KQ, SCOM
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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mkate_nusu wrote:sparkly wrote:kayhara wrote: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. Because profits are massaged just before the listing. @kayhara those are legal and professional tactics deployed by conmen to swindle Wanjiku Some companies being listed have a hidden agenda in them and they want to offload to wanjiku . I'm usually very skeptic when buying ipos and chose to wait for a year or two before buying it in secondary market . Hii maneno ya hype about genuine ipos ended in Kibaki era with the kengens, Scangroup and all kenya re. Some of the rest popping up now ni wakora tu
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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enyands wrote:mkate_nusu wrote:sparkly wrote:kayhara wrote: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. Because profits are massaged just before the listing. @kayhara those are legal and professional tactics deployed by conmen to swindle Wanjiku Some companies being listed have a hidden agenda in them and they want to offload to wanjiku . I'm usually very skeptic when buying ipos and chose to wait for a year or two before buying it in secondary market . Hii maneno ya hype about genuine ipos ended in Kibaki era with the kengens, Scangroup and all kenya re. Some of the rest popping up now ni wakora tu These new IPOs are worse than MSC and KQ stocks. Never touch questionable IPOs have fallen and will never wake up again! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Spikes wrote:enyands wrote:mkate_nusu wrote:sparkly wrote:kayhara wrote: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. Because profits are massaged just before the listing. @kayhara those are legal and professional tactics deployed by conmen to swindle Wanjiku Some companies being listed have a hidden agenda in them and they want to offload to wanjiku . I'm usually very skeptic when buying ipos and chose to wait for a year or two before buying it in secondary market . Hii maneno ya hype about genuine ipos ended in Kibaki era with the kengens, Scangroup and all kenya re. Some of the rest popping up now ni wakora tu These new IPOs are worse than MSC and KQ stocks. Never touch questionable IPOs have fallen and will never wake up again! Look at fahari REIT .it speaks volumes on itself from 20 in less than 1 month ago to 10.dont blame it on bear because before launching you knew the bear was present ,and you thought it will survive bear ...sorry sana
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Michael Joseph takes profit by selling half his Safcom shares http://www.businessdaily...54340-p4crtpz/index.htmlLife is short. Live passionately.
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Rank: Member Joined: 11/19/2009 Posts: 3,142
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murchr wrote: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 Thanks
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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[quote=sparkly] Michael Joseph takes profit by selling half his Safcom shares http://www.businessdaily...4340-p4crtpz/index.html[/quote] such moves should never be taken lightly no matter reason given The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: New-farer Joined: 10/25/2011 Posts: 67
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This share will tank after Sept 2nd. This is a signal which should not be ignored
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Too many HELLOS, Time to quit stocks!
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