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Q3 2017: A Strategic Re-entry into the stock market-NSE
Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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S.Mutaga III wrote:It is approximately 7.5 months since I started this thread. Current performance is as follows:
Counter: Total Kenya
Buying Price: Ksh 20.5 per share
Current Price: Ksh 30 per share
Gross % Profit: 46.3%
NB: So far, since January 2018, Total has been the best performing counter in the NSE.
Happy Hunting Great . Which other counters are you invested ?
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Rank: Member Joined: 3/26/2012 Posts: 830
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heri wrote:S.Mutaga III wrote:It is approximately 7.5 months since I started this thread. Current performance is as follows:
Counter: Total Kenya
Buying Price: Ksh 20.5 per share
Current Price: Ksh 30 per share
Gross % Profit: 46.3%
NB: So far, since January 2018, Total has been the best performing counter in the NSE.
Happy Hunting Great . Which other counters are you invested ? Currently, just Total. When I make my next move, I will update it on this thread. Still trying to crunch NIC's numbers. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,590
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S.Mutaga III wrote:heri wrote:S.Mutaga III wrote:It is approximately 7.5 months since I started this thread. Current performance is as follows:
Counter: Total Kenya
Buying Price: Ksh 20.5 per share
Current Price: Ksh 30 per share
Gross % Profit: 46.3%
NB: So far, since January 2018, Total has been the best performing counter in the NSE.
Happy Hunting Great . Which other counters are you invested ? Currently, just Total. When I make my next move, I will update it on this thread. Still trying to crunch NIC's numbers.  Total was a good catch it was really undervalued. What is your target exit price?
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Rank: Member Joined: 3/26/2012 Posts: 830
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wukan wrote:S.Mutaga III wrote:heri wrote:S.Mutaga III wrote:It is approximately 7.5 months since I started this thread. Current performance is as follows:
Counter: Total Kenya
Buying Price: Ksh 20.5 per share
Current Price: Ksh 30 per share
Gross % Profit: 46.3%
NB: So far, since January 2018, Total has been the best performing counter in the NSE.
Happy Hunting Great . Which other counters are you invested ? Currently, just Total. When I make my next move, I will update it on this thread. Still trying to crunch NIC's numbers. Total was a good catch it was really undervalued. What is your target exit price? There is no fixed exit price. I plan to exit when I view the counter as overvalued. Until then,I just ride the roller coaster. My only regret is not putting in more cash. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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S.Mutaga III wrote:wukan wrote:S.Mutaga III wrote:heri wrote:S.Mutaga III wrote:It is approximately 7.5 months since I started this thread. Current performance is as follows:
Counter: Total Kenya
Buying Price: Ksh 20.5 per share
Current Price: Ksh 30 per share
Gross % Profit: 46.3%
NB: So far, since January 2018, Total has been the best performing counter in the NSE.
Happy Hunting Great . Which other counters are you invested ? Currently, just Total. When I make my next move, I will update it on this thread. Still trying to crunch NIC's numbers. Total was a good catch it was really undervalued. What is your target exit price? There is no fixed exit price. I plan to exit when I view the counter as overvalued. Until then,I just ride the roller coaster. My only regret is not putting in more cash. Hongera
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/26/2012 Posts: 830
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mamilli wrote:S.Mutaga III wrote:It is slightly over 5 months since I started this thread. Total is currently trading at Ksh 26 per share. My buying price was Ksh 20.5 per share. This represents a 26.8% rally from the buying price. Nothing much has happened lately due to the election jitters, but I believe that once the swearing in is over, everything will be back to normal. I will be updating my next move soon. @S.mutaga what became of UNGA,ama metrics changed? you were very upbeat about it at some point. I exited Unga a long time ago when they posted a decline in profits. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 3/26/2012 Posts: 830
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It is exactly 9 months since I started this thread. Buying price:- Ksh 20.5 Current price:- Ksh 32 Gain:- 56% Currently waiting for the full year results in less than 2 weeks. #Happy Hunting A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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S.Mutaga III wrote:It is exactly 9 months since I started this thread.
Buying price:- Ksh 20.5
Current price:- Ksh 32
Gain:- 56%
Currently waiting for the full year results in less than 2 weeks.
#Happy Hunting Congratulations @S.Mutunga III for this achievement. I would like to know if you deployed the cash (600k) to another counter and if yes, which one. Dumb money becomes dumb only when it listens to smart money
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Rank: Member Joined: 3/26/2012 Posts: 830
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Fyatu wrote:S.Mutaga III wrote:It is exactly 9 months since I started this thread.
Buying price:- Ksh 20.5
Current price:- Ksh 32
Gain:- 56%
Currently waiting for the full year results in less than 2 weeks.
#Happy Hunting Congratulations @S.Mutunga III for this achievement. I would like to know if you deployed the cash (600k) to another counter and if yes, which one. I did not deploy the 600k+ to any other counter. I plan to invest at least 1 million per stock in my next picks. I was checking on NIC but I have decided not to invest in that counter after viewing the results. I will pick another counter within the next three months and probably cash out of Total. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: New-farer Joined: 9/20/2010 Posts: 79
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Mutaga we await your next pick in this bullish market.
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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Suddenly all counters seem out of reach For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Member Joined: 3/26/2012 Posts: 830
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I have decided to liquidate 15,000 shares bought at Ksh 20.5. My rationale is that the market has been flat for the last three months as shown by the NSE 20 share index. It might have topped and I feel that the share has very little room going forward. Buying Price:- Ksh 20.5 Selling Price:- Ksh 32.25 % return on investment = 56% Since I started this thread, the NSE 20 share index has risen by just 110 points from around 3600 to 3710. This represents a 3% gain maybe slightly more than 3% when adjusted for dividends. My investment in Total has outperformed the index by a factor of 18. I will stay out of the market going forward as I wait for bargains when prices tumble. 15,000*32.25= Ksh 483,750 483,750*0.019 = Ksh 9,192 (Broker's commission) 483,750 - 9,192 = Ksh 474,558 474,558-313,189 = Ksh 161,369 Profit from investment activity = Ksh 161,369 (10 months Ksh 313, 189 investment)  #Happy Hunting# A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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S.Mutaga III wrote:I have decided to liquidate 15,000 shares bought at Ksh 20.5. My rationale is that the market has been flat for the last three months as shown by the NSE 20 share index. It might have topped and I feel that the share has very little room going forward. Buying Price:- Ksh 20.5 Selling Price:- Ksh 32.25 % return on investment = 56% Since I started this thread, the NSE 20 share index has risen by just 110 points from around 3600 to 3710. This represents a 3% gain maybe slightly more than 3% when adjusted for dividends. My investment in Total has outperformed the index by a factor of 18. I will stay out of the market going forward as I wait for bargains when prices tumble. 15,000*32.25= Ksh 483,750 483,750*0.019 = Ksh 9,192 (Broker's commission) 483,750 - 9,192 = Ksh 474,558 474,558-313,189 = Ksh 161,369 Profit from investment activity = Ksh 161,369 (10 months Ksh 313, 189 investment) #Happy Hunting# Happy Hunting and good job and analysis. I hope vvs learns from you Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/26/2012 Posts: 830
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S.Mutaga III wrote:I have decided to liquidate 15,000 shares bought at Ksh 20.5. My rationale is that the market has been flat for the last three months as shown by the NSE 20 share index. It might have topped and I feel that the share has very little room going forward. Buying Price:- Ksh 20.5 Selling Price:- Ksh 32.25 % return on investment = 56% Since I started this thread, the NSE 20 share index has risen by just 110 points from around 3600 to 3710. This represents a 3% gain maybe slightly more than 3% when adjusted for dividends. My investment in Total has outperformed the index by a factor of 18. I will stay out of the market going forward as I wait for bargains when prices tumble. 15,000*32.25= Ksh 483,750 483,750*0.019 = Ksh 9,192 (Broker's commission) 483,750 - 9,192 = Ksh 474,558 474,558-313,189 = Ksh 161,369 Profit from investment activity = Ksh 161,369 (10 months Ksh 313, 189 investment) #Happy Hunting# @Sparkly. As you can see, I exited at 32.25. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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