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Rank: Hello Joined: 5/22/2013 Posts: 3
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Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.
Barclays 15,000 shares COOP bank 120 Shares Jubilee Holdings 550 Shares Kengen 100 shares KQ 1000 Shares Mumias Sugar 100 Shares Nation Media 200 Shares Standard Chartered 1000 Shares Safaricom 100 Shares
Thanks
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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EPROFILE wrote:Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.
Barclays 15,000 shares COOP bank 120 Shares Jubilee Holdings 550 Shares Kengen 100 shares KQ 1000 Shares Mumias Sugar 100 Shares Nation Media 200 Shares Standard Chartered 1000 Shares Safaricom 100 Shares
Thanks It depends on your goals and timelines. Also whether you are considering to buy or you already have them in your portfolio. However, i'd say the following; 1. How did you end up with 120 ans 550 shares? If you got them from bonuses et. al., then, you are doomed. 2. I'd replace Barclays and Stanchart with C.F.C Stanbic if you haven't bought already. 3. I'd also not have Kengen in my portfolio currently (that expected dilluting rights issue), better have KPLC. 4. Finally, 100 shares of safcom now won't make you much money, i'd rather have more Mumias Sugar and be PATIENT for 6-12 months. #My_2_Cents_Plus_16%_VAT Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Hello Joined: 5/22/2013 Posts: 3
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dunkang wrote:EPROFILE wrote:Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.
Barclays 15,000 shares COOP bank 120 Shares Jubilee Holdings 550 Shares Kengen 100 shares KQ 1000 Shares Mumias Sugar 100 Shares Nation Media 200 Shares Standard Chartered 1000 Shares Safaricom 100 Shares
Thanks It depends on your goals and timelines. Also whether you are considering to buy or you already have them in your portfolio. However, i'd say the following; 1. How did you end up with 120 ans 550 shares? If you got them from bonuses et. al., then, you are doomed. 2. I'd replace Barclays and Stanchart with C.F.C Stanbic if you haven't bought already. 3. I'd also not have Kengen in my portfolio currently (that expected dilluting rights issue), better have KPLC. 4. Finally, 100 shares of safcom now won't make you much money, i'd rather have more Mumias Sugar and be PATIENT for 6-12 months. #My_2_Cents_Plus_16%_VAT Thanks for your input, i already own these shares, my goal is to build my portfolio to as much as i can. Am looking to be in the market for the long haul shuffling and reinvesting any gains i make.
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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EPROFILE wrote:Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.
Barclays 15,000 shares COOP bank 120 Shares Jubilee Holdings 550 Shares Kengen 100 shares KQ 1000 Shares Mumias Sugar 100 Shares Nation Media 200 Shares Standard Chartered 1000 Shares Safaricom 100 Shares
Thanks 1. Jubilee, Barclays and standard chartered those are for keeps-lose COOP no need to keep 120 shares makes no sense 2. You are over-exposed to the financial sector, look at other sectors e.g. energy add Kenya power and add on Kengen during rights and after rights(forget about dilution if you are in for the long haul vision 2030) 3. Get rid of mumias-it's too late for prayers-look for another industrial stock 4. Why do you keep 100 shares of safaricom-is that for sentimental value? 5. KQ-how do does a billionaire become a millionaire- he buys airline stocks. 6. keep a few stocks on which you can concentrate your research and monitor movements
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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mkonomtupu wrote: 6. keep a few stocks on which you can concentrate your research and monitor movements
@mkonomtupu, what would be ideal number that is manageable decently, any advice? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Angelica _ann wrote:mkonomtupu wrote: 6. keep a few stocks on which you can concentrate your research and monitor movements
@mkonomtupu, what would be ideal number that is manageable decently, any advice? For the NSE, the ideal number is max 7, I only concentrate on max 5 stocks at a time.
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Rank: Member Joined: 3/3/2014 Posts: 131
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Angelica _ann wrote:mkonomtupu wrote: 6. keep a few stocks on which you can concentrate your research and monitor movements
@mkonomtupu, what would be ideal number that is manageable decently, any advice? Is it not a requirement for one to own a given no. of shares in kengen inorder to participate in their upcoming rights...Please help because I saw that they will do it in the ratio of 1:1 and I thought of buying saa hizi ndio nizidouble when the rights come. IMITATION IS LIMITATION
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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mkonomtupu wrote:Angelica _ann wrote:mkonomtupu wrote: 6. keep a few stocks on which you can concentrate your research and monitor movements
@mkonomtupu, what would be ideal number that is manageable decently, any advice? For the NSE, the ideal number is max 7, I only concentrate on max 5 stocks at a time. Noted & thanks, will try that .... doing 11 though only serious with 2. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Murang'a wrote:Angelica _ann wrote:mkonomtupu wrote: 6. keep a few stocks on which you can concentrate your research and monitor movements
@mkonomtupu, what would be ideal number that is manageable decently, any advice? Is it not a requirement for one to own a given no. of shares in kengen inorder to participate in their upcoming rights...Please help because I saw that they will do it in the ratio of 1:1 and I thought of buying saa hizi ndio nizidouble when the rights come. you need to look at what a rights of 1:1 will do to the EPS of the company though this will be offset by the earnings from the 280MW Olkaria IV
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Rank: Member Joined: 2/18/2011 Posts: 448
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Angelica _ann wrote:mkonomtupu wrote:Angelica _ann wrote:mkonomtupu wrote: 6. keep a few stocks on which you can concentrate your research and monitor movements
@mkonomtupu, what would be ideal number that is manageable decently, any advice? For the NSE, the ideal number is max 7, I only concentrate on max 5 stocks at a time. Noted & thanks, will try that .... doing 11 though only serious with 2. I invest in max 2 counters,preferably one but I do extensive research from stake held by board to who's in the management & their competence/qualifications.its easier to monitor and make decisions with 2 counters,esp if you are busy with other engagements....
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Angelica _ann wrote:mkonomtupu wrote:Angelica _ann wrote:mkonomtupu wrote: 6. keep a few stocks on which you can concentrate your research and monitor movements
@mkonomtupu, what would be ideal number that is manageable decently, any advice? For the NSE, the ideal number is max 7, I only concentrate on max 5 stocks at a time. Noted & thanks, will try that .... doing 11 though only serious with 2. Madam, so, you joke with your money, ehh? I always want to have 4 or less but i end up having 7 in my portfolio. TAMAA. TAMAA. TAMAA! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 8/30/2010 Posts: 183 Location: Migingo
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I have 10 on my portfolio with an average buy value of Ksh 200k per counter. The good thing about this diversification is that it saves you a lot of headache and heartache coz when some counters are on a roller coaster, you will at least have some that will lift your spirits. But of course i agree that it really requires a lot of research and day to day monitoring. Don't Work for Money, Let Money Work for You..
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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EPROFILE wrote:Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.
Barclays 15,000 shares COOP bank 120 Shares Jubilee Holdings 550 Shares Kengen 100 shares KQ 1000 Shares Mumias Sugar 100 Shares Nation Media 200 Shares Standard Chartered 1000 Shares Safaricom 100 Shares
Thanks Why these small holdings? You have to bet big to win big. Barclays will not take you far, lose it there are better shares to hold. Be cautious however, this is not a very good time to buy. Life is short. Live passionately.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Sell BBK and jump into CFC at around 105! There is still headroom here! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 1/15/2010 Posts: 625
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EPROFILE wrote:Hey guys i need help in reviewing this portfolio, i always learn alot from this forum. First time poster long time lurker.
Barclays 15,000 shares COOP bank 120 Shares Jubilee Holdings 550 Shares Kengen 100 shares KQ 1000 Shares Mumias Sugar 100 Shares Nation Media 200 Shares Standard Chartered 1000 Shares Safaricom 100 Shares
Thanks I'd suggest you sell all and focus on one or two counters that you understand very well and can keep a close tab on if you want to grow your wealth. Diversification of the nature you have there is good for people looking for moderate growth and protecting the large wealth they already have. Don't just copy paste what you learn from finance that diversification is good. You need a deeper understanding of context.
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