wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

12 Pages«<678910>»
What's the Worst mistake and/Best decision you have made in the NSE todate?
Options
Previous Topic · Next Topic
sparkly
#71 Posted : Sunday, August 01, 2010 10:06:17 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Gordon Gekko wrote:
Centum competes in the same space as wazurians, except for some unquoted stock. So if you always beat the market why invest in them?

their new areas are private equity aka venture capital like the rvr and real estate. Watch out for action in energy like building and running power plants for kplc.
Life is short. Live passionately.
Back to top
  |
guru267
#72 Posted : Sunday, August 01, 2010 12:25:08 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I keep hearing centum is a good company to get into but its just that at the moment there are sooooo many good buys on the NSE its hard to look at all of them... Has centum gone ex bonus yet??
Mark 12:29
Deuteronomy 4:16
Back to top
  |
PKoli
#73 Posted : Monday, August 02, 2010 10:30:53 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Guys trying to give ARM 8 yr outlook are very ambitious. How well they perform will largely depend on the impact of the cheap imports to their bottomline. More important, to me, is how the Tz plan perfroms; that will be a flagship unit for ARM. If the Tanzanians embrace cheap cement imports, then ARM will be in for a hige beating
Back to top
  |
Gatheuzi
#74 Posted : Monday, August 02, 2010 10:40:05 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
sparkly wrote:
Gordon Gekko wrote:
Centum competes in the same space as wazurians, except for some unquoted stock. So if you always beat the market why invest in them?

their new areas are private equity aka venture capital like the rvr and real estate. Watch out for action in energy like building and running power plants for kplc.



I wish centum had thought of real estate early enough. These flats, plots, maisonnates etc are making some dudes and dudettes very rich. Their huge concentration on listed counters was their undoing.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Back to top
  |
guru267
#75 Posted : Monday, August 02, 2010 11:46:10 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Gatheuzi wrote:
I wish centum had thought of real estate. Their huge concentration on listed counters was their undoing.

@gatheuzi what is this undoing you are talking about??
Mark 12:29
Deuteronomy 4:16
Back to top
  |
youcan'tstopusnow
#76 Posted : Monday, August 02, 2010 12:24:51 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Centum has realised capital depreciation on some counters since they bought at too high prices
GOD BLESS YOUR LIFE
Back to top
WWW
  |
ProverB
#77 Posted : Monday, August 02, 2010 12:28:57 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
worst mistakes..
Centum.. 4 years ago..don't remember price
KQ..refused to buy when it was 9bob..i had k in my pocket..just opened account at suntra.. later bought at 57.... sold at 77..watched it go to 126
KPLC..bought at 270...watched it fall to 140.
Jubilee..bough at 305...sold off at 250..
a mix of stocks in 2007...at pick of bull..sold entire portfolio..lost about 42%..some blunders still hurt to date..like ARM, stanchart, Access (35..stupidity at its best)

became smarter of course..learnt to spread buy..and made notes of every single thread stockmaster, MainaT, Guru, and Mukiha. some dud called "mc kende siafu" and VVS(on kq)..n njunge on mumias..and read some more..and more..

learnt of cost averaging..

Result..(best investment decisions) have
coop pre IPO
KQ (average price 32)
Mumias (average price 8.50)
BBK (ave price 48)
HFCK (ave price 19)
Kengen ..best bet.. whole bunch at 12.00!!!!
Equity..(ave price 17)
NIC..36
...
some how not trigger happy to trade..and not particular happy when a stock goes up bila explanation..especially fundamentally...meaning exits from NBK,KCB forced by managemnt playing with share register..bonus/rights/split sway valuation more to investor greed than fundamentals..
KQ exit on going.. coz i hate Naikuni..

opprtunity missed..cfc.. no matter Mukiha's thoughts on it..this is the one counter i didn't agree with him..and i let it go.. not sorry though..atleast i've learnt to keep emotions out..

hope stocksmaster does not invoice me for consultation! smile smile smile smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Back to top
WWW
  | | Edit by user: Monday, August 02, 2010 1:07 PM | Reason: Not specified
cnn
#78 Posted : Monday, August 02, 2010 12:42:43 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
ProverB wrote:
worst mistakes..
Centum.. 4 years ago..don't remember price
KQ..refused to buy when it was 9bob..i had k in my pocket..just opened account at suntra.. later bought at 57.... sold at 77..watched it go to 126
KPLC..bought at 270...watched it fall to 140.
Jubilee..bough at 305...sold off at 250..
a mix of stocks in 2007...at pick of bull..sold entire portfolio..lost about 42%..some blunders still hurt to date..like ARM, stanchart, Access (35..stupidity at its best)

became smarter of course..learnt to spread buy..sand made notes of every single thread tockmaster, MainaT, Guru, and Mukiha. some dud called "mc kende siafu" and VVS(on kq)..and read some more..and more..

learnt of cost averaging..

Result..(best investment decisions) have
coop pre IPO
KQ (average price 32)
Mumias (average price 8.50)
BBK (ave price 48)
HFCK (ave price 19)
Kengen ..best bet.. whole bunch at 12.00!!!!
Equity..(ave price 17)
NIC..36
...
some how not trigger happy to trade..and not particular happy when a stock goes up bila explanation..especially fundamentally...meaning exits from NBK,KCB forced by managemnt playing with share register..bonus/rights/split sway valuation more to investor greed than fundamentals..
KQ exit on going.. coz i hate Naikuni..

opprtunity missed..cfc.. no matter Mukiha's thoughts on it..this is the one counter i didn't agree with him..and i let it go.. not sorry though..atleast i've learnt to keep emotions out..

hope stocksmaster does not invoice me for consultation! smile smile smile smile

And what happened to one Maina T?
Back to top
  | | Edit by user: Monday, August 02, 2010 12:46 PM | Reason: Not specified
ProverB
#79 Posted : Monday, August 02, 2010 12:57:18 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
cnn wrote:

And what happened to one Maina T?


think he is more focused here...
http://mjengakenya.blogspot.com/
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Back to top
WWW
  |
sparkly
#80 Posted : Monday, August 02, 2010 1:05:18 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Moral of the story from these confessions... DO NOT BUY when market is in euphoria, shares overbid; without doing your research; bogus companies based on fads. BUY when the market is most pessimistic; after research; companies with a track record. Just my lessons from above... Let the confessions continue.
Life is short. Live passionately.
Back to top
  |
12 Pages«<678910>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.