young wrote:After 10 years of investing in NSE, I want to reluctantly say bye bye to my numerous friends.
I have set a personal target in terms of what to invest and the growth, I have achieved that.
I have done my last investment which is like sowing the last seed in NSE.
I started as a speculator and ended up as a long termer.
At the last count my portfolio is as follows:-
KCB 8%
EQUITY 5%
HFCK 5%
Stanchart 3%
BBK 1%
NMG 14%
EABL 12%
PAnafric 10%
JUB 4%
Safaricom 12%
Kengen 2%
KPLC 1%
Bamburi 15%
ARM 8%
I want to leave you with a parting word based on my experience in your market :-
Profit Growth is the most important pointer to potential appreciation of a stock over other well known parameters.
I will use the next few years to build up my porfolio in my country, Ghana and Uganda,RSE.
I am satisfied with my experience and the growth of my portfolio in NSE over the years especially when I re-strategized to focus on the long term .
So far so long, bye for now
Thanks Wazua for giving me this opportunity since 2007.
Asante Sana
Lagos, Nigeria
@Young - Are you back?
ARM died
BAMB got bought out
Many of the rest seem to have made a comeback from the bear eg KCB, KPLC, etc
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett