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INVESTING IN A SINGLE STOCK
Rank: New-farer Joined: 3/18/2011 Posts: 36
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i have 1 milion kshs dear wazuans is it advisable to invest in a single stock 4 example kenya airways.pse advise me
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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I seem to remember a lady putting in ksh 1M in KPLC just before 2002 elections at Shah Munge at ksh 9/- a share (pre-split, pre-rights). Big risk, humongous rewards.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Just thinking which might be the single best stock to invest in for the long term... possunt quia posse videntur
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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If you want to invest in a single stock you can try British American Tobacco. Your money will be safe and you will also receive a fat dividend cheque every year.
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Wait and in the onset of vigorous 2012 campaigns get into equity or kcb or scangroup.go and sleep to rip over 2m in less than 2yrs. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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@Funky what if am not really after dividends and am more inclined to capital gains... possunt quia posse videntur
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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If you are in for capital gains then you have to be a risk taker....you can invest in sectors like Mumias,Access,Car and General,Crown berger,CMC,KQ.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Member Joined: 4/18/2009 Posts: 118
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FUNKY wrote:If you are in for capital gains then you have to be a risk taker....you can invest in sectors like Mumias,Access,Car and General,Crown berger,CMC,KQ. Scratch all these except for Mumias & KQ. The others have all been on a downward trend. Other than C & G they will continue sleepwalking. As for C&G, its way too illiquid to be bothered about. I would also say; wait for the banks to tank further and buy into any of KCB (-20), Coop(-13), NIC (-33) or Equity (-20). NIC @ below 33 would be my pick.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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@ Renegade - some of the prices you are predicting like KCB and EQUITY below 20/-,NIC below 33/- are just too good to say but in reality it might not happen.BTW sometimes illiquid counters do make money in the long term.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Buy Kenya re.....n forget about it.....1M should get approx 110,000 shares at todays prices. Im sure u will do well in the LT
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Rank: Member Joined: 2/15/2010 Posts: 151 Location: Kenya
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Centum,good PE,diversified portfolio.
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Rank: Elder Joined: 6/20/2007 Posts: 2,048 Location: Lagos, Nigeria
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Since you are thinking of a single counter, then the age long KPLC is okay. If I am to decide alone I would have split it this way to 4 counters :- KPLC 40% @ 19.50 bob KCB 20% @ 20.00 bob EABL 20% @ 178.00 bob BAMB 20% @ 170 bob No strict rules since it is long term the entry price can be +- 0.50 bob. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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young wrote:Since you are thinking of a single counter, then the age long KPLC is okay.
If I am to decide alone I would have split it this way to 4 counters :-
KPLC 40% @ 19.50 bob
KCB 20% @ 20.00 bob
EABL 20% @ 178.00 bob
BAMB 20% @ 170 bob
No strict rules since it is long term the entry price can be +- 0.50 bob.
You should also add an agricultural - Kakuzi, Kapchorua, Vipingo or WTK will do you well, I took a short trip and realised that this sector has not been affected despite the persisting drought.
BBI will solve it :)
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Now you know which counter to put in your 1 million - Kenol Kobil! Too bad that you did not get in today. Tomorrow, it will be unattainable.
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Rank: Elder Joined: 9/15/2006 Posts: 3,906
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Sixty years ago, Warren Buffett discovered Insurance. Quite by mistake actually, as he was a 20-year-old graduate student at Columbia, when he discovered Ben Graham was the chairman on Government Employees Insurance Co. On the following Saturday, he proceeded to visit the company's headquarters in Washington only to find the building closed. Luckily a janitor heard him frantically pounding the door and let him in.
Lorimer Davidson spent 4 hours giving Warren Buffett an education about insurance and GEICO. It was the beginning of a lifelong friendship. Soon thereafter, after graduation, Buffet became as a stock-salesman and made GEICO his prime recommendation. He plowed 75% of his portfolio into this one stock:
...Soon after meeting Davy, I made the stock 75% of my $9,800 investment portfolio. (Even so, I felt over-diversified)... Chairman's letter 2010
On that note, I see no problem in @gathiru use of KShs 1m to buy on large block of either:
a. Equity Bank
b. KenolKobil
c. Jubilee
in no particular order. My personal preference is (c) though.
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Rank: Member Joined: 4/15/2008 Posts: 217
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mlennyma wrote:Wait and in the onset of vigorous 2012 campaigns get into equity or kcb or scangroup.go and sleep to rip over 2m in less than 2yrs.  , it might not be the case this time round. too many factors have changed beginning with the new constitution. I would take VVS's advice: BE GREEDY RIGHT NOW, WHEN PEOPLE ARE AFRAID. Its very difficult for the index to go below 3000 and yet, since it had touched 4,500. it will not take long before we are back there. PATIENCE is the key, wait period should be no less than 3yrs. Almost Any Counter will do. My Preference - EA Cables and KCB. HAPPY HUNTING Do it today! Tomorrow is promise to no-one.
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Rank: Member Joined: 12/31/2008 Posts: 90
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@Muganda, this fellow should just buy KK and be done with it. Jubilee's results will be affected by the fall in the NSE while Equity well er ah em will do well but is twice the price of KK.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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JHL sub 165 if you can manage. 160 even better.
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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TOTAL this is one counter that is hitting the record lowest since i started being keen with the bourse (8years) i consider the 23-25 region a good premium. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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INVESTING IN A SINGLE STOCK
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