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Dumb investor...Thats me....KCB at 32.25
slykat
#51 Posted : Tuesday, June 22, 2010 6:59:36 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
@Dumb investor

I bought KCB at 27 and failed to sell at the 32/33 peak of 2008 when u entered. I still have them.

Listen to the advice here with one ear closed. Those who do not have KCB, will urge a sell, dump, no taking rights so the price can get closer to a desirable entry point for them.

Those who have it, like me will advise a HOLD and Averaging as the KCB fundamentals are not impaired in any way. Why sell and buy other "lucrative" deals whose future u do not know for sure? do that still but with new funds. U asked for advise, do;

1.like me, by hanging on to the 10,000 but forget them for another two years or even 3. Divs are not bad at all.

2.like those advising u to dump, only don't dump, but average down when others dump and this category of advisers start entering....but the price has to be really low for this option...considerably below 17... otherwise,

3. use your new funds on other counters such as KPLC when the time comes..

either way, stay put, KCB as a business is as sound as when you bought in, if not better!

@sparkly

hata mimi tafadhali at slykatua at yahoo dot co dot uk.
youcan'tstopusnow
#52 Posted : Tuesday, June 22, 2010 7:02:41 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
MaichBlack wrote:
sparkly wrote:
[quote=Gems]
Post your email and i will send you the e-book free of charge.


@ Sparkly - Kindly email me the e-book. My email address is maichblack07@yahoo.com

I really need to read this book. Warren Buffet says it's the best investment book ever written. And I have a habit of taking him seriously!!!

Check your inbox
GOD BLESS YOUR LIFE
qw25041985
#53 Posted : Tuesday, June 22, 2010 7:09:33 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
I downloaded this book "Intelligent Investor" from torrent sites. About 35 Mb . Just from the first page - the Preface- it gets you glued.Its actually the 1934 Edition.RAW . Just the way Benjamin Franklin wrote it.I love that guy.
For the tech savvay here the torrent address link to the ebook. ::: http://torrents.thepirat...am_-_Security_Analysis_(1934_edition).pdf.5063567.TPB.torrent

Enjoy
Your future depends on your dreams so go to sleep !
VituVingiSana
#54 Posted : Tuesday, June 22, 2010 7:12:05 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
qw25041985 wrote:
I downloaded this book "Intelligent Investor" from torrent sites. About 35 Mb . Just from the first page - the Preface- it gets you glued.Its actually the 1934 Edition.RAW . Just the way Benjamin Franklin wrote it.I love that guy.
For the tech savvay here the torrent address link to the ebook. ::: http://torrents.thepirat...am_-_Security_Analysis_(1934_edition).pdf.5063567.TPB.torrent

Enjoy


Erm, Benjamin Franklin (another brilliant investor & certified genius wrote Poor Richard's Almanac)

You are thinking of Ben Graham...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#55 Posted : Tuesday, June 22, 2010 7:15:01 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
qw25041985 wrote:
I downloaded this book "Intelligent Investor" from torrent sites. About 35 Mb . Just from the first page - the Preface- it gets you glued.Its actually the 1934 Edition.RAW . Just the way Benjamin Franklin wrote it.I love that guy.
For the tech savvay here the torrent address link to the ebook. ::: http://torrents.thepirat...am_-_Security_Analysis_(1934_edition).pdf.5063567.TPB.torrent

Enjoy

send me a copy @ youngvet07@gmail.com...dont be like @sparkly u knw he is bias to the female gender...LoL...
MaichBlack
#56 Posted : Tuesday, June 22, 2010 7:15:18 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,858
@ Gems - I always ask people one question at a time like this. Do you have a better counter, one that you understand and believe will perform extremely well in mind? Then you can cut your losses and take your money there. In your case, I don't believe you have (from your question on the best counter to put your balance in). I would suggest you stay put, don't take up your rights, wait for the share price to drop significantly and then average down at that point - as the rest of us are getting in. KCB is not about to collapse. But you can be sure the share price will drop further before rising!

I'm sure some Wazuarian will ask why you should simply not sell the shares (at approx 18.5) and then use the same money (plus some more) to get back in at a lower price - say 14 - 15. To that I have no answer. I find it hard to accept a loss and thereby choose to hold (for a long time) if the fundamentals are right. Best approach? Of course not. But that's how I do it.

To be honest with you, this KCB share is a terrible thing to have at the moment. Most of us are just lucky we are not in. If we were we would be probably more confused than you!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
slykat
#57 Posted : Tuesday, June 22, 2010 7:28:49 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
@MaichBlack

...Wazuarian will ask why you should simply not sell the shares (at approx 18.5) and then use the same money (plus some more) to get back in at a lower price - say 14 - 15. To that I have no answer.

The answer is under your nose actually .... it is only 14-15 post-facto. Otherwise, it is rightly x-y, *unknowns*.
MaichBlack
#58 Posted : Tuesday, June 22, 2010 8:00:39 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,858
youcan'tstopusnow wrote:
Check your inbox


Thanks alot. I got it. God bless.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Gems
#59 Posted : Tuesday, June 22, 2010 8:22:42 PM
Rank: Member

Joined: 4/16/2008
Posts: 16
Location: California. US
@Sparkly, My email trixy95@yahoo.com thank you

@Kyukkamba, I would like to know more about Nomura acct if you dont mind sharing more. thank you
Stealth
#60 Posted : Tuesday, June 22, 2010 9:11:21 PM
Rank: Member

Joined: 5/3/2010
Posts: 145
Location: East Africa
People thanks for being generous with the book. I need a copy, please. Email is msue006@live.com
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