Rank: Elder Joined: 6/23/2009 Posts: 14,251 Location: nairobi
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most people including those here on wazua, may not know that in the NSE there are no less than 35 very bad stocks that are more likely to drain your hard earned money than to gow it. there are then about 10-15 moderately sound stocks and only around 12 excellent stocks. what am I saying? it is easier to loose money in the NSE than to grow your money. analysis is key and knowledge plus experience are your best friends. wish you well in findin the 1 counter. my counters are common knowledge here..
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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mibbz wrote:@symbols what do you think is the ultimate stock? am trying to get consensus from the top/experienced traders and so far am liking the response esp from @hisah and guru.am thinking Jubilee 300 and KenRe 20 is achievable in a month or so.
Whats your pick? Difficult question for three reasons.I rarely have expectations beyond 2weeks,3weeks max.guru and hisah I believe are speaking of value,I can only give you insights from my trading strategy if your okay with that.I don't believe in an ultimate stock,only in timing and perception. Jub and Kre have never touched those targets(not saying they won't this year) just that I have no information to work with.In the short time frame politics will affect the market so anything can happen.I can see the possibility of Jub hitting 250 with that you are a bit late IMO.It was around 210 a few weeks ago.Kre I had said it might give a good 'ride' a few weeks ago at around 13.9/14.Again,a bit late although I see it possibly touching 16.5 and if all goes well tomorrow or this week 15.85. My advise(which changes with market conditions) would be to track Kengen,CFC,KPLC and BBK.To me they are gearing up for something.If you're a risk taker Sameer and Cables.The last two I recommend simply because they have they have had good results and haven't been appreciated or exaggerated by investors yet.I assure you,you can gain a lot on Wazua,not only from those two but the rest of the investor community.I track them like I track my shares!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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obiero wrote:most people including those here on wazua, may not know that in the NSE there are no less than 35 very bad stocks that are more likely to drain your hard earned money than to gow it. there are then about 10-15 moderately sound stocks and only around 12 excellent stocks. what am I saying? it is easier to loose money in the NSE than to grow your money. analysis is key and knowledge plus experience are your best friends. wish you well in findin the 1 counter. my counters are common knowledge here.. The last i read, you have disembarked from all the buses. Which one are you riding on now? "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: 3/19/2013 Posts: 2,552
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Pesa Nane wrote:mibbz wrote:Having seen counters come and go with some profit taking in between,am seeking advise on just 1 counter i can put all my resources into with the hope of highest gain.
Am looking advise on an entry and exit price you would consider eg whats a good exit price for access now?
Thanks guru267 wrote:Co op
Entry: 15bob Exit: 25bob (Dec 2013)
Kenya re
Entry: 14bob Exit: 21bob (Dec 2013)
Hfck
Entry: 22.5bob Exit: 32bob (Dec 2013)
Eveready
Entry: 1.85bob Exit: 3bob (Dec 2013
@guru surely, would you put ALL your resources in neveready? (to paraphase the @Mibbz question?) There is someone eying neveready at that price with huge volumes and 3bob might be hit earlier than Dec.I've learnt not to underestimate counters because people still make money from these underdogs unnoticed to many.AK was one of them a few months back,ask QW when he's back.
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Rank: Elder Joined: 6/23/2009 Posts: 14,251 Location: nairobi
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murchr wrote:obiero wrote:most people including those here on wazua, may not know that in the NSE there are no less than 35 very bad stocks that are more likely to drain your hard earned money than to gow it. there are then about 10-15 moderately sound stocks and only around 12 excellent stocks. what am I saying? it is easier to loose money in the NSE than to grow your money. analysis is key and knowledge plus experience are your best friends. wish you well in findin the 1 counter. my counters are common knowledge here.. The last i read, you have disembarked from all the buses. Which one are you riding on now? I did alight from the HFCK bus in totality. 60% of portfolio is on the KCB bus with an average buy price of KES 21.5. Bank of Kigali is 10% of my holding having bought at IPO price of roughly KES 17.9. I have also boarded the plane, read KQ, which now constitutes 30% of my portfolio
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Rank: Member Joined: 2/18/2011 Posts: 448
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symbols wrote:mibbz wrote:@symbols what do you think is the ultimate stock? am trying to get consensus from the top/experienced traders and so far am liking the response esp from @hisah and guru.am thinking Jubilee 300 and KenRe 20 is achievable in a month or so.
Whats your pick? Difficult question for three reasons.I rarely have expectations beyond 2weeks,3weeks max.guru and hisah I believe are speaking of value,I can only give you insights from my trading strategy if your okay with that.I don't believe in an ultimate stock,only in timing and perception. Jub and Kre have never touched those targets(not saying they won't this year) just that I have no information to work with.In the short time frame politics will affect the market so anything can happen.I can see the possibility of Jub hitting 250 with that you are a bit late IMO.It was around 210 a few weeks ago.Kre I had said it might give a good 'ride' a few weeks ago at around 13.9/14.Again,a bit late although I see it possibly touching 16.5 and if all goes well tomorrow or this week 15.85. My advise(which changes with market conditions) would be to track Kengen,CFC,KPLC and BBK.To me they are gearing up for something.If you're a risk taker Sameer and Cables.The last two I recommend simply because they have they have had good results and haven't been appreciated or exaggerated by investors yet.I assure you,you can gain a lot on Wazua,not only from those two but the rest of the investor community.I track them like I track my shares! Thanks a lot. ignored CFC despite advise and it sped off. BBK has been having a lot of foreign inflows past 1 month,been wondering whats with that.Shall take a look at KPLC as well as continue digging up elsewhere as well as talk to fellow wazuans. Thanks a lot
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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mibbz wrote:symbols wrote:mibbz wrote:@symbols what do you think is the ultimate stock? am trying to get consensus from the top/experienced traders and so far am liking the response esp from @hisah and guru.am thinking Jubilee 300 and KenRe 20 is achievable in a month or so.
Whats your pick? Difficult question for three reasons.I rarely have expectations beyond 2weeks,3weeks max.guru and hisah I believe are speaking of value,I can only give you insights from my trading strategy if your okay with that.I don't believe in an ultimate stock,only in timing and perception. Jub and Kre have never touched those targets(not saying they won't this year) just that I have no information to work with.In the short time frame politics will affect the market so anything can happen.I can see the possibility of Jub hitting 250 with that you are a bit late IMO.It was around 210 a few weeks ago.Kre I had said it might give a good 'ride' a few weeks ago at around 13.9/14.Again,a bit late although I see it possibly touching 16.5 and if all goes well tomorrow or this week 15.85. My advise(which changes with market conditions) would be to track Kengen,CFC,KPLC and BBK.To me they are gearing up for something.If you're a risk taker Sameer and Cables.The last two I recommend simply because they have they have had good results and haven't been appreciated or exaggerated by investors yet.I assure you,you can gain a lot on Wazua,not only from those two but the rest of the investor community.I track them like I track my shares! Thanks a lot. ignored CFC despite advise and it sped off. BBK has been having a lot of foreign inflows past 1 month,been wondering whats with that.Shall take a look at KPLC as well as continue digging up elsewhere as well as talk to fellow wazuans. Thanks a lot I hope you got in
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mibbz wrote:symbols wrote:mibbz wrote:@symbols what do you think is the ultimate stock? am trying to get consensus from the top/experienced traders and so far am liking the response esp from @hisah and guru.am thinking Jubilee 300 and KenRe 20 is achievable in a month or so.
Whats your pick? Difficult question for three reasons.I rarely have expectations beyond 2weeks,3weeks max.guru and hisah I believe are speaking of value,I can only give you insights from my trading strategy if your okay with that.I don't believe in an ultimate stock,only in timing and perception. Jub and Kre have never touched those targets(not saying they won't this year) just that I have no information to work with.In the short time frame politics will affect the market so anything can happen.I can see the possibility of Jub hitting 250 with that you are a bit late IMO.It was around 210 a few weeks ago.Kre I had said it might give a good 'ride' a few weeks ago at around 13.9/14.Again,a bit late although I see it possibly touching 16.5 and if all goes well tomorrow or this week 15.85. My advise(which changes with market conditions) would be to track Kengen,CFC,KPLC and BBK.To me they are gearing up for something.If you're a risk taker Sameer and Cables.The last two I recommend simply because they have they have had good results and haven't been appreciated or exaggerated by investors yet.I assure you,you can gain a lot on Wazua,not only from those two but the rest of the investor community.I track them like I track my shares! Thanks a lot. ignored CFC despite advise and it sped off. BBK has been having a lot of foreign inflows past 1 month,been wondering whats with that.Shall take a look at KPLC as well as continue digging up elsewhere as well as talk to fellow wazuans. Thanks a lot @Mibbz avoid falling into the trap of chasing stocks. You will come here after 1 year crying how you bought on a hot tip and lost money . Infact if you don't want to lose money, you should buy KQ,Total, Portland, Mumias or NBK. Mark my word, this is a post that i will pull out for you after 1 year! Life is short. Live passionately.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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@Sparky I've got some thoughts on this "baby" called NBK. With the ghosts and skeletons she possesses i was hoping she would print sub 20s but the heat at the NSE is warming her up. Any expectations of her hitting below 20/- or am i late? "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: New-farer Joined: 5/11/2011 Posts: 48
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mibbz wrote:guru267 wrote:Co op
Entry: 15bob Exit: 25bob (Dec 2013)
Kenya re
Entry: 14bob Exit: 21bob (Dec 2013)
Hfck
Entry: 22.5bob Exit: 32bob (Dec 2013)
Eveready
Entry: 1.85bob Exit: 3bob (Dec 2013
thanks a lot Eveready now at Ksh 2.6 this was some good advice to mibbz!!wish I had listened!!
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