Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Wednesday, Sep 18, 2019
Investor
We’re investing funds for profit. Join us and wazua!
FEATURE  

LATEST DISCUSSIONS
Coop Bank 2019 [22]
KenGen HY 2019 [170]
Kenya Airways...why ignore.. [13775]
Safaricom 2019/2020 [74]
Housing Finance: HFCK a diamond in the rough [1934]
Kenya Power HY 2019 [65]
Equity Bank FY 2018 net profit up 5% [65]
AGMs Corner [20]
Kenya Economy Watch [2220]
Candidates for Recovery Board [13]
Bitcoin: Does it have a future ? [1127]
Crown Paints FY18 [10]
Bamburi SELL, ARM HOLD [29]
Mumias Sugar huge demand [2692]
M-Akiba treasury bonds via mobile [423]
 
Forum Jump








Welcome Guest Search | Active Topics | Log In

3 Pages123>
How I'm surviving the brutal NSE bear run
the deal
#1 Posted : Sunday, August 28, 2016 9:00:39 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,494
Location: Windhoek/Nairobbery
The bear run at the NSE was first a slow grind until last week when that Bill brought a slaughter.

I actively started investing at the NSE whle still readng at UoN...thats from 2007 until now.

Because I was so deep in it...I used to run a popular blog which earned me regular spots in local & international publications

It all came to a stand still when I graduated from UoN and went back home...


Because of a busy schedule...I had to reduce my holdings at the NSE.

Like I started from the bottom at the NSE....when I came home I started a few ventures here in Namibia...I started a metering & car tracking company using my investments from the NSE

The two ventures have exploded & I'm very happy

But im back smiling...im loving this bear run....

If you have time & love being your boss...start a business venture out of the NSE especially in down turns...it really helps!

Watching your portifolio getting wacked can lead to stupid decisions

Stay true...integrity is number 1...say no to corruption.
hisah
#2 Posted : Monday, August 29, 2016 3:07:12 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
@deal welcome back. I see the ulcers central has caught you attention smile

Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Impunity
#3 Posted : Monday, August 29, 2016 3:20:48 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,143
Location: Masada
hisah wrote:
@deal welcome back. I see the ulcers central has caught you attention smile

Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium.


When do you guys think we will see the "real" end of this downtrend in banks?
Will it be in Q4 or well after the 2017 pols?
Or will it next week?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

streetwise
#4 Posted : Monday, August 29, 2016 3:46:15 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,739
Location: Nairobi
This one is not yet over.

Fist it was the bear run.
The came warning by atleat 8 listed companies
Then came Brexit.
Then came interest caps
Yet to come elections 2017.

Any way don't worry the shares will be in the range of cents you may accumulate and you wish
hisah
#5 Posted : Monday, August 29, 2016 4:06:58 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Impunity wrote:
hisah wrote:
@deal welcome back. I see the ulcers central has caught you attention smile

Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium.


When do you guys think we will see the "real" end of this downtrend in banks?
Will it be in Q4 or well after the 2017 pols?
Or will it next week?

The volume activity (financials) in coming weeks will decide the direction.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mangs
#6 Posted : Monday, August 29, 2016 4:12:16 PM
Rank: New-farer


Joined: 9/12/2014
Posts: 31
Impunity wrote:
hisah wrote:
@deal welcome back. I see the ulcers central has caught you attention smile

Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium.


When do you guys think we will see the "real" end of this downtrend in banks?
Will it be in Q4 or well after the 2017 pols?
Or will it next week?



The problem with most of the so-called "Investors" in this forum is that they are just short-term speculative traders looking for a cent here and a few shillings there in terms of capital gains. We need to focus more on whatever is happening now not in the context of how battered our portfolios are, but by how well-positioned we are in the face of this battering. Will KCB, COOP, EQTY, I&M et al sink into oblivion because of the Banking Amendment Bill? Certainly not. If you look at the same scenario in the long term, the bear is just doing what all bears do; offer you an opportunity to get more shares at hugely discounted prices. So if I may ask, you guys preferred buying Equity at Ksh. 40, KCB at Ksh. 32.50 etc last week but when the market offers the same to you at much lower prices you start whining and curse the bear? No wonder Michael Joseph said Kenyans are a peculiar lot. Five or so years from now, those who are whining about the bear will wish they were buying shares instead. And for guys wishing to take money out of the stock market and do business with, clearly you don't understand the essence of investing in the stock market; the bourse is where you keep money that you don't have immediate use for. If you are using business money (meant for active investments) to buy shares (passive investment), you're exposing yourself to paper loss. Stock market is for your savings...that's why it's a long term playstore.
Ericsson
#7 Posted : Monday, August 29, 2016 5:35:29 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,231
Location: NAIROBI
Stock market is like your pension/retirement money not something you treat like monthly salary
Impunity
#8 Posted : Monday, August 29, 2016 5:38:57 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,143
Location: Masada
streetwise wrote:
This one is not yet over.

Fist it was the bear run.
The came warning by atleat 8 listed companies
Then came Brexit.
Then came interest caps
Yet to come elections 2017.

Any way don't worry the shares will be in the range of cents you may accumulate and you wish


smile
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

shocks
#9 Posted : Monday, August 29, 2016 6:22:06 PM
Rank: Member


Joined: 3/15/2009
Posts: 336
streetwise wrote:
This one is not yet over.

Fist it was the bear run.
The came warning by atleat 8 listed companies
Then came Brexit.
Then came interest caps
Yet to come elections 2017.

Any way don't worry the shares will be in the range of cents you may accumulate and you wish

In 2013 guys who were waiting to board after elections missed the bus, or they had to chase it for several km
lochaz-index
#10 Posted : Monday, August 29, 2016 8:44:04 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 970
Mangs wrote:
Impunity wrote:
hisah wrote:
@deal welcome back. I see the ulcers central has caught you attention smile

Now waiting for @mwekezaji, stocksmaster and ProverB to come out of hibernation we start having proper discussions as the heavy bear mauling creates pandemonium.


When do you guys think we will see the "real" end of this downtrend in banks?
Will it be in Q4 or well after the 2017 pols?
Or will it next week?



The problem with most of the so-called "Investors" in this forum is that they are just short-term speculative traders looking for a cent here and a few shillings there in terms of capital gains. We need to focus more on whatever is happening now not in the context of how battered our portfolios are, but by how well-positioned we are in the face of this battering. Will KCB, COOP, EQTY, I&M et al sink into oblivion because of the Banking Amendment Bill? Certainly not. If you look at the same scenario in the long term, the bear is just doing what all bears do; offer you an opportunity to get more shares at hugely discounted prices. So if I may ask, you guys preferred buying Equity at Ksh. 40, KCB at Ksh. 32.50 etc last week but when the market offers the same to you at much lower prices you start whining and curse the bear? No wonder Michael Joseph said Kenyans are a peculiar lot. Five or so years from now, those who are whining about the bear will wish they were buying shares instead. And for guys wishing to take money out of the stock market and do business with, clearly you don't understand the essence of investing in the stock market; the bourse is where you keep money that you don't have immediate use for. If you are using business money (meant for active investments) to buy shares (passive investment), you're exposing yourself to paper loss. Stock market is for your savings...that's why it's a long term playstore.

It's hard to understand 'the sky is falling' kind of attitude currently engulfing the market. We should be celebrating the low/lower prices.

Other than crunching numbers, deducing charts or any other type of analysis, steely nerves are vital if one is to survive and thrive in the market.
The main purpose of the stock market is to make fools of as many people as possible.
Grand
#11 Posted : Monday, August 29, 2016 9:22:34 PM
Rank: Member


Joined: 1/3/2007
Posts: 20
@wangs, the investors are factoring reduced future earnings and that's why the banking stocks are not as they were before the new law. So it cannot be argued that the market is offering lower prices for the same goods.
Fyatu
#12 Posted : Wednesday, December 05, 2018 1:01:06 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,529
Location: Nakuru
I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.

What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.

Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.

How are you surviving?

Dumb money becomes dumb only when it listens to smart money
Ericsson
#13 Posted : Wednesday, December 05, 2018 1:31:55 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,231
Location: NAIROBI
Fyatu wrote:
I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.

What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.

Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.

How are you surviving?


We chose counters/portfolio well so having good sleeps at night.Losses are manageable
Fyatu
#14 Posted : Wednesday, December 05, 2018 1:42:50 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,529
Location: Nakuru
Ericsson wrote:
Fyatu wrote:
I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.

What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.

Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.

How are you surviving?


We chose counters/portfolio well so having good sleeps at night


good for you and the others mentioned in "we".
Dumb money becomes dumb only when it listens to smart money
hardwood
#15 Posted : Wednesday, December 05, 2018 2:00:46 PM
Rank: Elder


Joined: 7/28/2015
Posts: 9,340
Location: Rodi Kopany, Homa Bay
Fyatu wrote:
Ericsson wrote:
Fyatu wrote:
I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.

What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.

Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.

How are you surviving?


We chose counters/portfolio well so having good sleeps at night


good for you and the others mentioned in "we".


As @mugundaman would say keep off from that NSE casino and instead invest huko dustbowl and you will be sleeping like a baby.
ombaalbt
#16 Posted : Wednesday, December 05, 2018 2:13:40 PM
Rank: New-farer


Joined: 5/19/2014
Posts: 68
Location: Migori
Fyatu wrote:
Ericsson wrote:
Fyatu wrote:
I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.

What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.

Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.

How are you surviving?


We chose counters/portfolio well so having good sleeps at night


good for you and the others mentioned in "we".


Cash is extremely hard to come by. Was at 35% down on average at some point. Came by a little cash and averaged down KCB from a high of 51 to 42. The rest of the counters are doing badly but now at least i'm at an improved situation of 20% down. I am not looking to add any new cash to the NSE but i will hold to what i have currently.
Learning to sit on my hands
iris
#17 Posted : Wednesday, December 05, 2018 2:33:28 PM
Rank: Member


Joined: 9/11/2014
Posts: 220
Location: Nairobi
hardwood wrote:
Fyatu wrote:
Ericsson wrote:
Fyatu wrote:
I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.

What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.

Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.

How are you surviving?


We chose counters/portfolio well so having good sleeps at night


good for you and the others mentioned in "we".


As @mugundaman would say keep off from that NSE casino and instead invest huko dustbowl and you will be sleeping like a baby.

Guessing you are a bachelor or you have outsourced baby care to your wife or house girl
heri
#18 Posted : Wednesday, December 05, 2018 2:36:55 PM
Rank: Member


Joined: 9/14/2011
Posts: 676
Location: nairobi
Fyatu wrote:
Ericsson wrote:
Fyatu wrote:
I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.

What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.

Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.

How are you surviving?


We chose counters/portfolio well so having good sleeps at night


good for you and the others mentioned in "we".


i am 35% down because of CIC and NIC and NIC seems to be headed even lower .


Angelica _ann
#19 Posted : Wednesday, December 05, 2018 2:44:52 PM
Rank: Elder


Joined: 12/7/2012
Posts: 10,794
invested in bear defenders

BBK/ABSA
Safaricom - 34.41% of portfolio smile
KCB
Akota
Stanchart


Kidogo - Wazee hukumbuka

Coop
Stanchart
Achwaka


Of course ARM burnt me to recognition when i went in for speculation smile juzi juzi tu.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
maka
#20 Posted : Wednesday, December 05, 2018 2:56:01 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,168
Location: Nairobi
Angelica _ann wrote:
invested in bear defenders

BBK/ABSA
Safaricom - 34.41% of portfolio smile
KCB
Akota
Stanchart


Kidogo - Wazee hukumbuka

Coop
Stanchart
Achwaka


Of course ARM burnt me to recognition when i went in for speculation smile juzi juzi tu.


Poleni...
possunt quia posse videntur
Users browsing this topic
Guest
3 Pages123>
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.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2019 Wazua.co.ke. All Rights Reserved.