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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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Boris Boyka wrote:poundfoolish wrote:MaichBlack wrote:sparkly wrote:poundfoolish wrote:sparkly wrote:Realtreaty wrote:False prophecy. These are people who want market to go down so that they can access and buy at low price. An ankward investor. True prophesy. wait for September 2014 and see what happens. luckily you still have time to sell because prices will go higher and higher till then. Why September? closing of books? My gut feeling. Oooooh! How nice! Let's all make our investment decisions based on @sparkly's gut feeling. You can never go wrong with that. All those stocks you took your time to analyze their fundamentals, cartoons etc., forget all that! One of us has some gut feeling! @Maich I think that was his polite way of telling a 'Hello' like me...."Go Figure"e Its actually something to do with the Feds tapering... probably it's at around September.. Thats what i figured.. not sure though September is 2 months away and preferred counters are on steroids. have you quit? @Boris i stick to my predictions. The index has struggled to break 5000. This market has been a rocking chair since beginning of the year and yes I am reducing my exposure in counters where i have passed my target (Re the Housing Finance Diamond in the rough thread). Life is short. Live passionately.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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"No less than 3 threads started by HELLOs on what stocks to buy. Wazuans if you have made money in the last 2 years, its time to sell. Sell your stock holdings, put the money in property or cash. 2015 will be a bad year for stocks. Let those who have ears hear.". @ sparkly those were your words in Jan. Yes whenever we achieve targets we sell to make the money. You attributed the poor performance to "Hello's ". Now the Hello's have made money and graduated to New farer and still there are undervalued/ sleeping giant stocks that are recommended. (ref Hfck dmnd in rough you're leaving and strapping yourself somewhere else . The market will have the bear bull & "flat " and during all these periods diff counters behave differently ; ppl make money others loose. (as The Optimist sings "Bulls Make Money, Bears Make Money, Pigs Get Slaughtered: Wall Street Truisms that Stand the Test of Time") it only depends which animal you're ......" . in spirit.of elaboration kindly. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 5/9/2014 Posts: 130 Location: Nairobi
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Interesting Boris Boyka considers Hellos as lesser Wazuans and not worthy of reading a post from while everyone on Wazua began there. Mmmmh!
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Rank: New-farer Joined: 3/13/2014 Posts: 16
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Its being a Money minting year so far. on carefully selected counters. whats up in 2015?
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Boris Boyka wrote:
"No less than 3 threads started by HELLOs on
what stocks to buy.
Wazuans if you have made money in the last 2
years, its time to sell.
Sell your stock holdings, put the money in
property or cash.
2015 will be a bad year for stocks. Let those
who have ears hear.".
@ sparkly those were your words in Jan. Yes whenever we achieve targets we sell to make the money. You attributed the poor performance to "Hello's ". Now the Hello's have made money and graduated to New farer and still there are undervalued/ sleeping giant stocks that are recommended. (ref Hfck dmnd in rough you're leaving and strapping yourself somewhere else . The market will have the bear bull & "flat " and during all these periods diff counters behave differently ; ppl make money others loose. (as a wazuan here sings "bears make money bulls make money it only depends ......" . in spirit.of elaboration kindly.
@Boris the thrust of my post is: “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” and “Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”― Warren Buffett I did not imply that Hellos cannot make good decisions, just a caution that stocks are becoming popular and returns going forward will be lower than expected. Another one is to be cautious when you see very many IPOs, Listings, Rights issues, Mergers & Acquisitions and Rights. It means we are nearing the peak. Tuko pamoja? Life is short. Live passionately.
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Rank: Member Joined: 1/24/2013 Posts: 325
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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Boris Boyka wrote:
"No less than 3 threads started by HELLOs on
what stocks to buy.
Wazuans if you have made money in the last 2
years, its time to sell.
Sell your stock holdings, put the money in
property or cash.
2015 will be a bad year for stocks. Let those
who have ears hear.". @ sparkly those were your words in Jan. Yes whenever we achieve targets we sell to make the money. You attributed the poor performance to "Hello's ". Now the Hello's have made money and graduated to New farer and still there are undervalued/ sleeping giant stocks that are recommended. (ref Hfck dmnd in rough you're leaving and strapping yourself somewhere else . The market will have the bear bull & "flat " and during all these periods diff counters behave differently ; ppl make money others loose. (as a wazuan here sings "bears make money bulls make money it only depends ......" . in spirit.of elaboration kindly.
Being a "Hello" in Wazua doesn't mean one also is a "Hello" in NSE trading. Wazua is not the only forum one can learn about stock trading. There are very many stock investors out there who don't even care whether there is a Hello in Wazua or not
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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sparkly wrote:Boris Boyka wrote:
"No less than 3 threads started by HELLOs on
what stocks to buy.
Wazuans if you have made money in the last 2
years, its time to sell.
Sell your stock holdings, put the money in
property or cash.
2015 will be a bad year for stocks. Let those
who have ears hear.".
@ sparkly those were your words in Jan. Yes whenever we achieve targets we sell to make the money. You attributed the poor performance to "Hello's ". Now the Hello's have made money and graduated to New farer and still there are undervalued/ sleeping giant stocks that are recommended. (ref Hfck dmnd in rough you're leaving and strapping yourself somewhere else . The market will have the bear bull & "flat " and during all these periods diff counters behave differently ; ppl make money others loose. (as The Optimist sings "Bulls Make
Money, Bears Make Money, Pigs Get
Slaughtered: Wall Street Truisms that Stand the
Test of Time") it only depends which animal
you're ......" . in spirit.of elaboration kindly.
@Boris the thrust of my post is: “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” and “Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”― Warren Buffett I did not imply that Hellos cannot make good decisions, just a caution that stocks are becoming popular and returns going forward will be lower than expected. Another one is to be cautious when you see very many IPOs, Listings, Rights issues, Mergers & Acquisitions and Rights. It means we are nearing the peak. Tuko pamoja? @sparkly tuko pamoja kama britam na hfck and find us statistics of New cds accounts in this year itakuongeza marks Haha. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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"Hello, I want to buy stocks" threads are still coming thick and fast. Sample this: To sell CFC or not?300k to invest in stocksStock picks for mid 2014I want to buy stocks with my school feesI want to buy a share for less than KES 20As usual my advise is - exercise caution when buying. It is easy to get caught up in the excitement when stocks are going up, up, up. Look for undervalued fundamentally sound companies. Life is short. Live passionately.
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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@Sparkly, At least @hisah has commented on the potentially risky picks. What are yours? sorry, did I 'hear' you say all are flamable?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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I agree "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: 4/12/2014 Posts: 56
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One of my lecturers said that you will make money in any stock market if you are able to identify buy or sell inflection points and take advantage of them appropriately. People usually get interested in a stock market when things are looking up and that is what we are seeing now and it is the same thing we saw in January this year or around that time. The last major buy inflection point was a few months after the currency crisis...when the shilling traded at 107 to the dollar in October 2011. Between Jan and Feb 2012 when 91 day T-bill rates hit 20%, which was the peak, Safaricom was trading at below Sh4. The NSE 20 Share Index was around 3,100 or 3,200. This was the inflection point and this was the time to buy shares. If you predicted this correctly and bought you have made some serious cash. Now, NSE 20 Share Index is above 5,000, we have an IPO closing today and there are a number of rights issues lined up - a sign of a very active market. The terrorist attacks seem not to have had much of an effect...even the higher prices of food and basics in the country have had zero effect... My two cents is what @Sparky has said. My feeling is that many counters are way over valued...may be the market is due for a correction...maybe it will continue on its upward trajectory...I don't know... However, in my view, I think current opportunities are few...unless you are a trader
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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sparkly wrote:No less than 3 threads started by HELLOs on what stocks to buy.
Wazuans if you have made money in the last 2 years, its time to sell.
Sell your stock holdings, put the money in property or cash.
2015 will be a bad year for stocks. Let those who have ears hear.
@sparkly posted the above to start this thread.
I think we are getting to the top of the froth... And this NSE IPO is the perfect noose going by the number of enquiries which some are obvious to see that the player is a new entrant in the game.
I believe we are in the buying climax phase   $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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hisah wrote:sparkly wrote:No less than 3 threads started by HELLOs on what stocks to buy.
Wazuans if you have made money in the last 2 years, its time to sell.
Sell your stock holdings, put the money in property or cash.
2015 will be a bad year for stocks. Let those who have ears hear.
@sparkly posted the above to start this thread.
I think we are getting to the top of the froth... And this NSE IPO is the perfect noose going by the number of enquiries which some are obvious to see that the player is a new entrant in the game.
I believe we are in the buying climax phase @hisah according to you and other credible wazuans we are towards the climax, im now holding the following: jubilee insurance, kenya re, kplc and kk, only two had a small rally with just around 10% gain, how would you advice should i reduce exposure or just hold on.only kk i can hold long term, i dont want to regret after im fully roasted There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@littledove - your picks are quite defensive in the sense that they can take smaller losses if a sizable correction ensues. None of your picks is overvalued at the moment. It is the overvalued stocks that usually get hammered the most during the correction since they're a speculators/traders den for quick gains. Speculators/traders usually jump out as quickly as they can when the burning starts, which has the effect of accelerating selling in order to trim the sizable losses. There are a number of stocks that have doubled and some tripled in value since the rough dip of 2011. This has created a bull/buying euphoria in the hopes of replicating such gains for the late comers (mostly speculators). Why the sizable corrections occur is due to the fact that the late comer speculator is just in the game for a quick gain. So when things don't go to plan they pull out fast and the price crashes since their is weak support. During buying climax phase the following happen - numerous or record IPO listings - record IPO oversubscription(s) - numerous rights issue which tend to get oversubscribed - numerous or record M&A deals All the above usually point to too much money fighting for a few opportunities. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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littledove wrote:hisah wrote:sparkly wrote:No less than 3 threads started by HELLOs on what stocks to buy.
Wazuans if you have made money in the last 2 years, its time to sell.
Sell your stock holdings, put the money in property or cash.
2015 will be a bad year for stocks. Let those who have ears hear.
@sparkly posted the above to start this thread.
I think we are getting to the top of the froth... And this NSE IPO is the perfect noose going by the number of enquiries which some are obvious to see that the player is a new entrant in the game.
I believe we are in the buying climax phase @hisah according to you and other credible wazuans we are towards the climax, im now holding the following: jubilee insurance, kenya re, kplc and kk, only two had a small rally with just around 10% gain, how would you advice should i reduce exposure or just hold on.only kk i can hold long term, i dont want to regret after im fully roasted Am from the capital preservation school of thought and hence stopped buying ages ago (Bamburi and NSE IPO being exceptions  ). However, I am confident the bear is nowhere in sight for the next 30-45 days. NSE play + NSE refunds + ALL bonds refunds will ensure extended play time. Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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hisah wrote:@littledove - your picks are quite defensive in the sense that they can take smaller losses if a sizable correction ensues. None of your picks is overvalued at the moment.
It is the overvalued stocks that usually get hammered the most during the correction since they're a speculators/traders den for quick gains. Speculators/traders usually jump out as quickly as they can when the burning starts, which has the effect of accelerating selling in order to trim the sizable losses.
There are a number of stocks that have doubled and some tripled in value since the rough dip of 2011. This has created a bull/buying euphoria in the hopes of replicating such gains for the late comers (mostly speculators). Why the sizable corrections occur is due to the fact that the late comer speculator is just in the game for a quick gain. So when things don't go to plan they pull out fast and the price crashes since their is weak support.
During buying climax phase the following happen
- numerous or record IPO listings
- record IPO oversubscription(s)
- numerous rights issue which tend to get oversubscribed
- numerous or record M&A deals
All the above usually point to too much money fighting for a few opportunities.
thanks hisah for that generous response There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Member Joined: 1/4/2013 Posts: 255
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sparkly wrote:Realtreaty wrote:False prophecy. These are people who want market to go down so that they can access and buy at low price. An ankward investor. True prophesy. wait for September 2014 and see what happens. luckily you still have time to sell because prices will go higher and higher till then. Well, September is here... *fingers crossed*
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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if january wasnt the time now is the time. i even fear looking at the prices nowadays The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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veterans, elders and chiefs are seeing dust nowadays. This market is just on FIREEEEEEEEEEEEEEE. Receive with simplicity everything that happens to you.” ― Rashi
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