Ibought cfc 3month ago at 141 bt are dissappointing currently ziko 129 ,iwant to sell to avoid huge loss which shares can u advice ibuy.after selling cfc

This will help you to learn and come up with your own strategy www.wazua.co.ke/forum.aspx?g=posts&m=189660

then this for immediate concern www.wazua.co.ke/forum.aspx?g=posts&t=28905

remember to set targets and diversify into several counters kupunguza stress (spreading risk ) @gur267 ni expert wa Hiyo.

@zakayo...take that as a lesson. The rules of stock investing are buy low sell high. To know which prize is low/high etc you have to get the fundamentals right. Then add the environment changes in law, acquisitions etc

CFC rallied from mid last year from 60 bob to its current price so for it to go past that they have to keep posting those huge profits n you have to be more patient.In the long term its a good hold but chasing for a quick kill might leave you with losses even in the other stocks you intend to migrate to.

unless you can read charts like @hisah i d advise buying and focussing on companies operations while ignoring stock prices.Buy and hold is best for those of us who cant read charts accuratly.

There's no way you can ignore a stock's price otherwise you'll end up with an overvalued counter and when correction sets in you get burnt.

In the same context you can't hold a stock forever,, how can you stand and watch a ship sink!?

so long as the company is /expected to be well run and its earnings are consistently growing then what is the point of watching the stock market so that you keep jumping in and out.
for instance i believe that the founders of equity(those who have never disposed any of the banks shares) are better of todat than chaps who v kept shouting oooh jump out its over valued,ooh hop in again its undervalued.

I have learnt the hard way to hold my stocks like inherited ancestral land, holding on matter how much my neighbours think its worth.

The returns of my account at my broker who didnt offer online trading always exceeded the one from my online account where i d often log in to lock in that 10-15% gain only to move it to another counter where i d sell at 30% loss to cut my losses.
I stand to be corrected but many of us over react/stop to over celebrate after making a small gain here and there .We sell then plunge the loot into another counter expecting to make another similar genius kill only to loose much of it again.and the cycle continues .If you are in a nice,well driven bus sit back and enjoy the ride,accepting that there will always be bump on the road instead of switching buses after a bump

Welcome to the game! Before you make up your mind, remember these words:

1. Stock are inherently long term investments
2. Return on stocks is primarily determined by fundamentals. The more profit a business ,makes the better the return on its stock.
3. Return on stocks is Secondarily determined by demand and supply forces hence the price will rise if demand outstrips supply and vice versa.
4. Stocks rise and fall resulting in paper profits and losses. You book an actual loss or profit when you SELLL.

On your current predicament:

CFC recently turned around from many years of below par performance by booking +50% growth and declaring a dividend of substance. Nevertheless 141 was a slight overvaluation.

The share is currently traded at expected price which is 120-130 though demand/supply patterns show a likelihood of hitting 115-120. A repeat growth of 50% would take the share to 250 in 2-3 years.

Your options:

1. If you can't stomach the paper losses, sell and put your money elsewhere.
2. Sit tight, persevere, hope for the company to continue stellar growth, take any dividend they throw at you with a smile, selll in 2-3yrs at 250 (or before, if christmass comes early).

Remember, feel free to buy more if share goes below 120.

@target1360 stocks is an investment where you set individual targets ( gains vs timeline) after which you book full or part of gains. You have to review your portfolio in regards to prevailing economic conditions(after good research). try imagine those who entered mawingu @>90/- Sukari @49.5 paka @20 if you refer to "trading blunders" & some other thread "stock to hold for life...." Well driven mbuses with qualified experienced drivers some time cause tragic accidents!!!! Know when to board plan on when to alight (research ;make personal decision,WAZUA threads are GREAT )