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Stocks that made Millionaires this Quarter
simplicity
#1 Posted : Friday, March 12, 2010 3:48:48 PM
Rank: New-farer


Joined: 1/9/2010
Posts: 34
Location: US
Was going though my annual spreadsheet and noticed that the following stocks have done extremely well: Had I put all my money in just this portfolio in the last 3 months I would be smiling all the way to the bank. We keep talking about KCB, Equity, and them but I guess the person who saw these as potentials and bagged them in January made a killing...

Happy Investing. I have missed the bus twice this year!

Jan 2010 / March 2010

Kakuzi 31.00 / 86.50
Sasini 7.25 / 15.15
KQ 36.00 / 55.50
Jubilee 113.00 / 151.00
Stanchart 156.00 / 191.00
Eveready 2.80 / 4.70
Kenol 48.00 / 75.00
KPLC 140.00 / 182.00
Mumias 6.85 / 10.80
Sameer 4.95 / 8.85
kyt
#2 Posted : Friday, March 12, 2010 3:52:06 PM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
its the simple things you do that matter a lot. spot on simplicity.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
VituVingiSana
#3 Posted : Friday, March 12, 2010 10:43:39 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,801
Location: Nairobi
KQ & KPLC are still decent buys if u look at the future profitability.... I have discussed these much earlier, elsewhere...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sheep
#4 Posted : Saturday, March 13, 2010 6:07:48 AM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
I think the most appropriate heading would be "stocks that made millionaires paupers in 2008-2009".

Just imagine dudes who invested in 2006-2007,redemption is nowhere in sight.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
ProverB
#5 Posted : Saturday, March 13, 2010 6:34:35 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
..at simplicity..my issue would be..are the returns fundamentally supported ama tu ni hype?
Kakuzi 31.00 / 86.50..in jan the rumours and fears of drought effects made everyone ignore agric..unless were it concerned sugar, tea and coffee

Sasini 7.25 / 15.15.. same as above
KQ 36.00 / 55.50..it was on it's way down..yet to beliv it would touch 20....and lower..buying here weren't share traders..unless ardent fans of Aly Khan
Jubilee 113.00 / 151.00..no idea
Stanchart 156.00 / 191.00..no idea..after all...too "expensive"..no hope of dilution to make it cheaper..plus a risk averse CEO
Eveready 2.80 / 4.70..if you tell me u bought here for other than a hunch..you lie
Kenol 48.00 / 75.00..lowest PSR..as per 3rd Qt results...it was a definate buy..profit margin is pathetic though but hey..greater fool theory
KPLC 140.00 / 182.00... Heh heh heh..sikujua.
Mumias 6.85 / 10.80..now..we all know it's up because of stupendous interim profits...wonder what sugar glut means
Sameer 4.95 / 8.85...really?

Just a thought.. companies that did bad in 08..financials..likely to do better...Eveready..pan africa..centum.. any company that reported losses or huge declines in 08 will have press statements in line with " MORE THAN 100% IMPROVEMENT IN PROFITS!!!..sending misinformed guys to buy n force price up!..i luv his game. LoL!
..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
guru267
#6 Posted : Saturday, March 13, 2010 1:19:58 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@simplicity i bagged quite a number of KPLC, mumias and Sameer because i knew that their price rises would be strongly fundamentally backed and they still offer alot value...

though i'm still waiting for KENYA RE to break its silence before i can start smiling
Mark 12:29
Deuteronomy 4:16
simplicity
#7 Posted : Saturday, March 13, 2010 3:19:12 PM
Rank: New-farer


Joined: 1/9/2010
Posts: 34
Location: US
@ ProverB I see what you are saying and that kind of explains my point. Having been in this market for sometime now, I am beginning to wonder what pushes the Kenyan stocks up because I am about to change my strategy of over reading the profits and other results and just going cold turkey on these things. But as you guys mentioned someone seems to be flipping the counters like a coin.

I remenber when AK, KCB, KENGEN and EABL(still good)were on top and short term traders couldn't stop smiling.
Now the coin has been flipped to stuff that I wasn't even looking at and my money still sits in the past.
@ Guru Good for you and your foresight.
Fundaah
#8 Posted : Monday, March 15, 2010 10:14:59 AM
Rank: Elder


Joined: 11/19/2008
Posts: 1,267
Missed nothing ...wont miss anything till 2013...dont laugh too much .every shilling made so far can easily be wiped...unless you want to harvest bit by bit Now....NSE money is like 'unga' money ....not for the faint hearted like me.....Fundamentals dont count much in our market...speculation seems to rule....
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
mv_ufanisi
#9 Posted : Monday, March 15, 2010 10:43:23 AM
Rank: Member


Joined: 1/15/2010
Posts: 625
@Fundaah, the problem with the market is how it messes up with people's emotions. People who got seriously burned in 2009 won't get the confidence to come back to the market until after its too late and stocks have gained a lot and there is a higher likelihood of another market correction. If you can control yourself you have a higher chances of beating the odds and winning in the long term.
ProverB
#10 Posted : Monday, March 15, 2010 10:51:30 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
@fundaa.. True Dat.
but just set ur speculation on a solid base..consider fundermentals.. a co that has cash,growing eps,reducing debt..and speculate like in a circus. !.. i noticed a nice phrase... Happy Investing..
Benjamin Graham defined investing as an activity which upon thorough analysis promises safety of principle..as well as a decent return.
After all.. in the Long Term..we are all dead!!! Loll!!
..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
Tulip
#11 Posted : Monday, March 15, 2010 11:40:30 AM
Rank: New-farer


Joined: 3/15/2010
Posts: 5
Location: Kenya
@mv_ufasini..Don’t worry about what the stock market will do. Focus on what the company will do.
mv_ufanisi
#12 Posted : Monday, March 15, 2010 3:13:06 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
@Tulip - you need to have a good understanding of the market to succeed in this game. You need to know the difference between a HOT market and a cool market with cheap prices. Great companies can disappoint if bought at high prices. Bad companies at very cheap prices can make u rich (cigar butts). The market decides "How much" you will pay.
sparkly
#13 Posted : Monday, March 15, 2010 5:32:17 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,066
Location: Enk are Nyirobi
@simplicity right now your gains have very little to do with the intelligence of your picks. Its a Bull,Bull,Bull and everyone is making money, daily. Your real perfomance will be measured by the quality of your picks 2, 5, 10 years down the line... unless if you are not going to be in it that long.
Life is short. Live passionately.
obiero
#14 Posted : Saturday, June 18, 2022 4:24:27 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,128
Location: nairobi
guru267 wrote:
@simplicity i bagged quite a number of KPLC, mumias and Sameer because i knew that their price rises would be strongly fundamentally backed and they still offer alot value...

though i'm still waiting for KENYA RE to break its silence before i can start smiling

all three stocks literally dead.. time respects no one

COOP 5,500 ABP12.6; HF 261,000 ABP 3.49; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
My 2 cents
#15 Posted : Saturday, June 18, 2022 7:33:27 PM
Rank: Member


Joined: 6/2/2010
Posts: 863
VituVingiSana wrote:
KQ & KPLC are still decent buys if u look at the future profitability.... I have discussed these much earlier, elsewhere...


This one by VVS did not age very well either Laughing out loudly
My 2 cents
#16 Posted : Saturday, June 18, 2022 7:34:58 PM
Rank: Member


Joined: 6/2/2010
Posts: 863
If a stock has the word 'Kenya' in front of it, head the other way. A painful lesson I have learned in the NSE.

(Except KCB. The K no longer translates. The bank is simply KCB not Kenya Commercial Bank)
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