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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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young wrote:Ericsson wrote:Safaricom at ksh.27.50 per share
KCB at ksh.40.60
Bear run continuing This is expected and the market will be more bearish in the coming months . I expect KCB as low as 36.50 this year, just a couple of months time or much earlier. In times like this Mr Market does not respect good performance of individual counters. Its like a bad season to conform to cyclical CYCLE of Nairobi bourse. We are edging towards the annual ritual....BUYERS MARKET, where you will see good stocks at unimaginable cheap prices . For safaricom BELOW 27.00 cum normal and special dividends is a one off good deal. That is if you close the deal before Aug 30 book closure date. This year when I pick up my KCB dividend early July , I will split it into 2 some for more KCB and the rest for safaricom. This is because am also expecting SPECIAL (no interim) dividend from KCB later this year of at least 1 Bob per share. suffering com is below 27 baab. Enyewe, Mugandaman was right.NSE is a casino If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:Ericsson wrote:young wrote:Ericsson wrote:Safaricom at ksh.27.50 per share
KCB at ksh.40.60
Bear run continuing This is expected and the market will be more bearish in the coming months . I expect KCB as low as 36.50 this year, just a couple of months time or much earlier. In times like this Mr Market does not respect good performance of individual counters. Its like a bad season to conform to cyclical CYCLE of Nairobi bourse. We are edging towards the annual ritual....BUYERS MARKET, where you will see good stocks at unimaginable cheap prices . For safaricom BELOW 27.00 cum normal and special dividends is a one off good deal. That is if you close the deal before Aug 30 book closure date. This year when I pick up my KCB dividend early July , I will split it into 2 some for more KCB and the rest for safaricom. This is because am also expecting SPECIAL (no interim) dividend from KCB later this year of at least 1 Bob per share. Safaricom waiting for it at ksh.21-22 Ambitious Sit and watch. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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obiero wrote:itz wrote:Kenyan Oracle wrote:NSE 20 share index closed at 2757, that is 8 points away from taking out the record low 2749. Once that bottom falls off the road to 2500 and below opens you will wish never to hear of NSE again. NSE now is at record low of 4% of my portfolio. I sleep well  2731 already hit today. Its a free fall. Woooii Pesa iko wapi we go on a buying spree? what has spooked the markets in the last few days/weeks something is not right... The two guys [/quote] Those two guys are the worst thing that ever happened to the Kenyan economy!!! 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: 6/23/2009 Posts: 13,516 Location: nairobi
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MaichBlack wrote:obiero wrote:itz wrote:Kenyan Oracle wrote:NSE 20 share index closed at 2757, that is 8 points away from taking out the record low 2749. Once that bottom falls off the road to 2500 and below opens you will wish never to hear of NSE again. NSE now is at record low of 4% of my portfolio. I sleep well 2731 already hit today. Its a free fall. Woooii Pesa iko wapi we go on a buying spree? what has spooked the markets in the last few days/weeks something is not right... The two guys Those two guys are the worst thing that ever happened to the Kenyan economy!!![/quote] Agreed
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:young wrote:Ericsson wrote:Safaricom at ksh.27.50 per share
KCB at ksh.40.60
Bear run continuing This is expected and the market will be more bearish in the coming months . I expect KCB as low as 36.50 this year, just a couple of months time or much earlier. In times like this Mr Market does not respect good performance of individual counters. Its like a bad season to conform to cyclical CYCLE of Nairobi bourse. We are edging towards the annual ritual....BUYERS MARKET, where you will see good stocks at unimaginable cheap prices . For safaricom BELOW 27.00 cum normal and special dividends is a one off good deal. That is if you close the deal before Aug 30 book closure date. This year when I pick up my KCB dividend early July , I will split it into 2 some for more KCB and the rest for safaricom. This is because am also expecting SPECIAL (no interim) dividend from KCB later this year of at least 1 Bob per share. Safaricom waiting for it at ksh.21-22 Ambitious Sit and watch. KES 21 is ambitious.. Not impossible but ambitious
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: 9/14/2011 Posts: 834 Location: nairobi
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Hindsight is 20/20
But i envy the guys who offloaded without waiting for dividends
I feel the pain of waiting for a dividend of sh 2.50 from KCB compared to the potential gains of selling say at sh 42-44 and buying back at sh 38 or even lower
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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I have been silently mopping-up huge chunks of @obiero's and @pesa nane "Diamond in the trash" at ABP of 4.2. I have looked at the financier and thought there is no way it can be valued at Kshs. 1,673,071,630.8(384614168 shares × 4.35 bob). They have been paying their bondholders on time. Their property portfolio alone is over 1.6 billion shillings.They have increased customer base to 500,000 customers thanks to HFWhizz which was voted the best in some award etc Wake me up in 2021. Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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heri wrote:Hindsight is 20/20
But i envy the guys who offloaded without waiting for dividends
I feel the pain of waiting for a dividend of sh 2.50 from KCB compared to the potential gains of selling say at sh 42-44 and buying back at sh 38 or even lower
Always like this for the past 4 years. Move on and prepare for next year God sparing our lives In addition factor in brokers commission (sell/buy) circa 4.2% of the volume, then you are good to go. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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Swenani wrote:young wrote:Ericsson wrote:Safaricom at ksh.27.50 per share
KCB at ksh.40.60
Bear run continuing This is expected and the market will be more bearish in the coming months . I expect KCB as low as 36.50 this year, just a couple of months time or much earlier. In times like this Mr Market does not respect good performance of individual counters. Its like a bad season to conform to cyclical CYCLE of Nairobi bourse. We are edging towards the annual ritual....BUYERS MARKET, where you will see good stocks at unimaginable cheap prices . For safaricom BELOW 27.00 cum normal and special dividends is a one off good deal. That is if you close the deal before Aug 30 book closure date. This year when I pick up my KCB dividend early July , I will split it into 2 some for more KCB and the rest for safaricom. This is because am also expecting SPECIAL (no interim) dividend from KCB later this year of at least 1 Bob per share. suffering com is below 27 baab. Enyewe, Mugandaman was right.NSE is a casino He was not right in anything!! Anyone can predict lower prices in a bear and higher prices in a bull. You don't even need to think. Same way a bull makes average fellows look like investment gurus. Fellow picks any random stock, the price goes up he sells and imagines he is now a Warren Buffet. 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: 3/26/2012 Posts: 830
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KCB at 38. I will wait longer to average down. In fact, I am contemplating on adding more capital for NSE purposes. 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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Swenani wrote:young wrote:Ericsson wrote:Safaricom at ksh.27.50 per share
KCB at ksh.40.60
Bear run continuing This is expected and the market will be more bearish in the coming months . I expect KCB as low as 36.50 this year, just a couple of months time or much earlier. In times like this Mr Market does not respect good performance of individual counters. Its like a bad season to conform to cyclical CYCLE of Nairobi bourse. We are edging towards the annual ritual....BUYERS MARKET, where you will see good stocks at unimaginable cheap prices . For safaricom BELOW 27.00 cum normal and special dividends is a one off good deal. That is if you close the deal before Aug 30 book closure date. This year when I pick up my KCB dividend early July , I will split it into 2 some for more KCB and the rest for safaricom. This is because am also expecting SPECIAL (no interim) dividend from KCB later this year of at least 1 Bob per share. suffering com is below 27 baab. Enyewe, Mugandaman was right.NSE is a casino No he wasn't. NSE is not a get-rich quick scheme. Any serious investor should be lining up massive amounts of capital to take full advantage of this bear. There are very good businesses on sale right now. I am personally aiming to average down and enter new counters with 10% dividend yield as my yardstick and average down from there. In a bear market, Wanjiku sees prices tumbling and sells. The hedge fund manager sees profitable businesses at a big bargain and loads up. Wanjiku sees stocks as a casino or numbers on a screen. The manager sees stocks as part of ownership in a business. The moment someone starts viewing stocks as pieces of an existing business, only then can one realize that falling prices are buying opportunities. If I can load up KCB at below 35, I will be comfortable pocketing that 10% dividend even if KCB shares don't trade for several years as long as it remains just as profitable at least. 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: 10,684 Location: NAIROBI
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S.Mutaga III wrote:KCB at 38. I will wait longer to average down. In fact, I am contemplating on adding more capital for NSE purposes. Something like 34 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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Ericsson wrote:S.Mutaga III wrote:KCB at 38. I will wait longer to average down. In fact, I am contemplating on adding more capital for NSE purposes. Something like 34 At 34 I will certainly be a buyer. Any price below 35 is a steal and a year from now you will laugh all the way to the bank. 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: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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S.Mutaga III wrote:Ericsson wrote:S.Mutaga III wrote:KCB at 38. I will wait longer to average down. In fact, I am contemplating on adding more capital for NSE purposes. Something like 34 At 34 I will certainly be a buyer. Any price below 35 is a steal and a year from now you will laugh all the way to the bank. Equity?  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 6/26/2008 Posts: 384
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Wow! It happened sooner than I thought.
Equity at 36
KCB at 38
Safcom at 26.60
It seems it will go lower than this
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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xtina wrote:Wow! It happened sooner than I thought.
Equity at 36
KCB at 38
Safcom at 26.60
It seems it will go lower than this There will be a slight bounce up before another plunge 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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VituVingiSana wrote:S.Mutaga III wrote:Ericsson wrote:S.Mutaga III wrote:KCB at 38. I will wait longer to average down. In fact, I am contemplating on adding more capital for NSE purposes. Something like 34 At 34 I will certainly be a buyer. Any price below 35 is a steal and a year from now you will laugh all the way to the bank. Equity? Obviously. 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: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Equity Bank Closing price Tues 14th may Low:- 35.75/- Closing Price;- 36/- The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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young wrote:Equity Bank Closing price
Tues 14th may
Low:- 35.75/-
Closing Price;- 36/- Very attractive prices coming up
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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S.Mutaga III wrote:Ericsson wrote:S.Mutaga III wrote:KCB at 38. I will wait longer to average down. In fact, I am contemplating on adding more capital for NSE purposes. Something like 34 At 34 I will certainly be a buyer. Any price below 35 is a steal and a year from now you will laugh all the way to the bank. 37 bob here we come Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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