wazua Wed, Jan 8, 2025
Welcome Guest Search | Active Topics | Log In | Register

8 Pages«<5678>
SCOM on the run again
the deal
#121 Posted : Friday, February 05, 2010 5:49:09 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Hehehe @ cicero funny indeed...the supply flood gates have aulready opened mostly peggin their sell orders @ 5.85....
Cicero
#122 Posted : Saturday, February 06, 2010 5:51:32 AM
Rank: Member


Joined: 7/7/2009
Posts: 111
Thanks wazurians. You are the best! As far as Safcom goes and even most of the NSE it only reminds me of Mark Twain. If he invests in the NSE he'd have this to say about retail share holders "Suppose you were an idiot, and suppose you were an NSE retail share holder; but I repeat myself". They'll never let safcom go beyond 6 bob in the near future ...

They've made the share only good for speculators and those who wish to remain in past 2011. The rest of us are only left with lots to ponder ...
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it...
VituVingiSana
#123 Posted : Sunday, February 07, 2010 7:23:46 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
@cicero - LOLest!!!

The good news is that if it behaves like this then we can use it to trade... I wanted to get in at 5/- but it didnt get there... lakini I will wait coz there ware 3.5 months before the announcement!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#124 Posted : Monday, February 08, 2010 5:35:33 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS.. it looks like you need a new price because even though there are countless of sellers at 6 bob... the number of buyers is equal at 5 bob.. but i do i agree its a good time to trade this counter
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#125 Posted : Monday, February 08, 2010 6:57:50 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
@guru - Maybe 5.05 then... lakini with commissions too risky to pay much more...

My risk-free return is 13% (after taxes) in Infrastructure T-Bond so I shud make at least 13% nett after all commissions & something for my hassles of trading!

With a T-Bond... lala salama... you get interest every 6 months!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#126 Posted : Monday, February 08, 2010 7:30:58 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS you have ventured into an area i really dislike( i mean t-bills)

i really dont find any use of a fixed income instrument unless you are a fund manager or unless you're about to retire... these have low risk tolerance..

but if you are none of the above all you have to do is find a fundamentally sound stock with high dividend yield and buy it for the long term hence treating it like a bond(but with the added benefit of capital gains)

why are you in t-bonds??

Mark 12:29
Deuteronomy 4:16
guru267
#127 Posted : Monday, February 08, 2010 7:31:01 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS you have ventured into an area i really dislike( i mean t-bills)

i really dont find any use of a fixed income instrument unless you are a fund manager or unless you're about to retire... this group have low risk tolerance..

but if you are none of the above all you have to do is find a fundamentally sound stock with high dividend yield and buy it for the long term hence treating it like a bond(but with the added benefit of capital gains)

why are you in t-bonds??

Mark 12:29
Deuteronomy 4:16
VituVingiSana
#128 Posted : Monday, February 08, 2010 7:40:34 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
risk-reward - BTW, 13% after taxes is good... You can sleep at night!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#129 Posted : Monday, February 08, 2010 8:56:42 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
scom under siege from sellers at the moment....panic panic is all over again i have seen deals @ 5.30....but i expect foreigners to up the ante as the day progresses...
VituVingiSana
#130 Posted : Monday, February 08, 2010 9:07:02 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
the deal wrote:
scom under siege from sellers at the moment....panic panic is all over again i have seen deals @ 5.30....but i expect foreigners to up the ante as the day progresses...


I just checked live prices on the normal board and over 2mn+ shares wanted at 5.30-5.50...

No sellers at 5.50...

I will wait for 5/-... no panic...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
2012
#131 Posted : Thursday, February 25, 2010 3:43:06 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Checking today's trading it's now super-obvious just how seriously the foreign investors take our stupid politics. Successful opening of parliament and over 27million Safcom shares are traded in one day.

BBI will solve it
:)
Jaguar
#132 Posted : Thursday, February 25, 2010 4:28:18 PM
Rank: Member


Joined: 6/7/2007
Posts: 263
Location: humu humu
@2012, 64.33% of safaricom sellers today were foreigners
sheep
#133 Posted : Friday, February 26, 2010 12:12:28 PM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
watu watangojea hapa for the whole year! There is a high probability this share has reached its zenith.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
VituVingiSana
#134 Posted : Friday, February 26, 2010 12:27:21 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
sheep wrote:
watu watangojea hapa for the whole year! There is a high probability this share has reached its zenith.

LOL... I hope not... I stupidly decided to go in @ 5.35 (even though I know it is worth 5/-)... I dont normally speculate but...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#135 Posted : Saturday, February 27, 2010 11:11:44 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
I dont normally speculate but..


@VVS i got into scom heavily (150k shares) at 2.8 in june last year and i,m still holding out simply because i changed my target price from 5 to 7.8 by june this year basing on MJ and JP Morgan saying profits and dividends would surprise...

so instead of bailing out now i'm risking four more months simply so that the multiplier effect of my initial investment can play itself out a bit more...
Mark 12:29
Deuteronomy 4:16
Cardinal
#136 Posted : Saturday, February 27, 2010 11:49:52 AM
Rank: Member


Joined: 5/12/2009
Posts: 266
In just 2 to 3 years, safcom will be at AROUND 30ksh , its the high time i buy this share, more and more.
Focus is all you need and success becomes guaranteed

the deal
#137 Posted : Saturday, February 27, 2010 4:04:45 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Putting ur money in safcom right now...u wont go wrong...wait out april n u will see magic in may when they announce their results...sell ur shares cun div n then hope into the mumias bus...dont forget to eat ur profits,its money u will never make...
VituVingiSana
#138 Posted : Saturday, February 27, 2010 9:32:22 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
the deal wrote:
Putting ur money in safcom right now...u wont go wrong...wait out april n u will see magic in may when they announce their results...sell ur shares cun div n then hope into the mumias bus...dont forget to eat ur profits,its money u will never make...

What other bet would you like on safcom?
Another lunch?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#139 Posted : Sunday, February 28, 2010 6:28:35 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
the deal wrote:
Putting ur money in safcom right now...u wont go wrong...wait out april n u will see magic in may when they announce their results...sell ur shares cun div n then hope into the mumias bus...dont forget to eat ur profits,its money u will never make...

@ thedeal you can't be serious. Put money if safaricom for one month, then sell and jump into mumias? You will just end up making your broker 5% richer. The current price (one of the highest at the nse) already factors in your so called 'magic'.
Life is short. Live passionately.
the deal
#140 Posted : Sunday, February 28, 2010 10:55:34 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@ sparkly hehehe thats my game plan/strategy...whats urs? If i fail @least i will know where i went wrong...
Users browsing this topic
Guest
8 Pages«<5678>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.