@ all stockmaster made over 50% on mumias alone...he is the reason why you guys post your transactions here...before him nobody had the audacity to do that...instead of saying he is gone for good give the guy a round of applause...

@thedeal we did, remember...its the silence thats too much now. He/she promised to update us, am still amazed by the initial bravery

Iam sure there are some who invested following stockmaster's model. Sorry but you are now on your own.

@sparkly @stockmaster's strategy was purely speculation oriented... it doesnt really matter if others are making 200% in agrics( this is not a true statement as of NSE close on friday)
but it all depends on investors goals.... i admit safcom has really underperformed the market this year so far but it can very easily meet @stockmaster goals especially running towards results....

@guru267 didn't mean to sound critical, just expressing many followers' frustration at being left hanging. Can't remember another thread i have followed more religiously. And of course am curious to see if his method can beat the market.

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i know i'm definately waiting for the results before my next move with my remaining holdings in this counter

I have been away for about five weeks on my other passion which is trading in medicaments (am a Pharmacist). I usually take short breaks from shares trading to ensure that am not totally consumed by the adrenaline rush that characterises speculation.

I believe that as a speculator, it is important to periodically take your eyes from the ball (NSE). This affords one an opportunity to return to the market and view it with some degree of freshness. It buffers me from the dangerous habit of being too attached to the game (some at Wazua call it being married to shares).

A thin line exists between speculation and gambling. Too much focus/attachment to the market and a speculator easily becomes a gambler.

Now, back to my Portfolio:

CURRENT POSITION:

120,000 SAFCOM SHARES @ KSH 5.50 = KSH 660,000
Less 2% (Transaction cost on disposal)=KSH 13,200
Recoverable Value of Safcom shares = KSH 646,800

ADD Cash in Hand = KSH 122,430

Total Value of cash & shares = Ksh 769,230

From my initial investment of Ksh 527,850 ; I am still up about 46%.

I will be evaluating the market this weekend for a possible activity next week.

Although Safaricom has not appreciated in the six to seven weeks I have held it, am happy it has preserved my capital (We seem to forget that a share can swing in either direction).

Happy hunting.

@ stocks master is a pharmacist....guys with economics can u please stand up...this guy is beating u guys at ur own game....@ sparkly ati stocks makmende...lol.

@stocksmaster,we share a profession.I could me intrested in how you are playing the other line,i am in retail.Meanwhile i wait to see the next move you make.

@the deal stocks'makmende' amerudi he he he