tag:blogger.com,1999:blog-9317825.post8105291872975120286..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: Share Portfolio: May 2008bankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-9317825.post-11529265637731362292010-05-20T13:25:51.967+03:002010-05-20T13:25:51.967+03:00very informative article ..... thanks a lot , i wi...very informative article ..... thanks a lot , i will try to visit again here in the futureNifty options tipshttp://www.supernsetips.com/Best-Options-tips-basic-Intraday-positional.htmlnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-58294860717185564662008-05-22T15:53:00.000+03:002008-05-22T15:53:00.000+03:00..Banks, Inflation is always a factor. We all inve.....Banks, <BR/><BR/>Inflation is always a factor. We all invest so that we can exit at some point in future with some real returns.<BR/><BR/>Do you have an Exit strategy? <BR/><BR/>You will have to liquidate at some point if you want to lock in profits - so better plan for exit for each stock in your portfolio.<BR/><BR/>An exit strategy helps you keep your cool and think rationally in tough bear markets. It also helps prevent you from losing out on gains during bubbles, due to greed.<BR/><BR/>:-)Maishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-91588256897286412892008-05-22T15:41:00.000+03:002008-05-22T15:41:00.000+03:00Hi Adam! Yes, I believe you are right. The governm...Hi Adam! Yes, I believe you are right. <BR/><BR/>The government is collecting more taxes - but, as you said, that is because prices of goods have gone up. <BR/><BR/>Govt cannot do more with its increased collection - because the purchasing power has decreased proportionately!<BR/><BR/>e.g. Government fuel budget has gone up by approx 25%. Allocating 25% more cash for fuel (due to better tax collection) does not enable it to buy more fuel.<BR/><BR/>Therefore the Tax revenues Kimunya is talking about are overstated - as they dont factor the STAGFLATION (i.e. effect of inflation + economic slowdown).<BR/><BR/>Generally stocks beat inflation over time - hence a well diversified portfolio (though not suited for high returns) is far better than keeping money in bonds or idle in the bank - but more riskier. <BR/><BR/>The real danger for NSE investors is stagflation.<BR/><BR/>We are currently experiencing some level of Stagflation thanks to our politicians and their fanatical followers.Maishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-63198744665870181632008-05-22T12:10:00.000+03:002008-05-22T12:10:00.000+03:00THIS INFLATION STUFF.. DOES IT AFFECT TAXATION? KI...THIS INFLATION STUFF.. DOES IT AFFECT TAXATION? KIMUNYA YESTERDAY SAID THAT APRIL COLLECTION WAS THE HIGHEST EVER IN HISTORY AND THAT THAT WAS AN INDICATOR OF A RECOVERING ECONOMY. TAXATION IS A FIGURE Based on turn over, because it is based on gross profit ama income meaning that if you charge more because of inflation on goods and service, then ua tax also goes up in tandem. so is he right ama am i wrong?adam cartwrighthttps://www.blogger.com/profile/14470184193988729874noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-88776527209945279992008-05-22T11:48:00.000+03:002008-05-22T11:48:00.000+03:00first.. i was in sandton in joburglast month... i ...first.. i was in sandton in joburglast month... i think compared to other places in the world it is just plush.. but like someone pointed out to me that place is BUIKT ON THE BACK OF SOME OF THOSE ON THE RAMPAGE NOW MORE AT WWW. PANDEROSA.BLOGSPOT.COMadam cartwrighthttps://www.blogger.com/profile/14470184193988729874noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-85278612095693222172008-05-22T08:42:00.000+03:002008-05-22T08:42:00.000+03:00Maishinski: not factored in inflation or dividends...Maishinski: not factored in inflation or dividends, these are just based on price changes form six months ago, less Centum. Inflation has been staggering to say the least with food and fuel the main charges. I don’t intend to liquidate, I use the NSE like the HSX or monopoly money - If I sell, the goal is to buy other shares, rarely cashing out only when I need to (so does inflation factor?) That said I’d like to have more energy shares in my portfolio hence Kenya Pipeline though Government domicnate the entire energy sector, and also focus on four shares, not eight in futurebankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-77179614300216602362008-05-21T20:29:00.000+03:002008-05-21T20:29:00.000+03:00Bob Marley's message to ODM supporters:"Emancipate...Bob Marley's message to ODM supporters:<BR/><BR/>"Emancipate yourselves from mental slavery. None but ourselves can free our minds."<BR/><BR/>Self-destruction never benefitted anyone.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-59712107711472694972008-05-21T19:51:00.000+03:002008-05-21T19:51:00.000+03:00Banks, don't wanna ruin your day but...Did you bea...Banks, don't wanna ruin your day but...<BR/><BR/>Did you beat inflation?<BR/><BR/>If not, then your portfolio's net worth has gone down despite the fact that the KSH amount looks relatively constant.<BR/><BR/>If you were to fully liquidate your stocks today - would you still have the same purchasing power as you had last year?<BR/><BR/>Add up all dividends to current market value of all your stocks then divide by the price of milk/petrol in 2007. <BR/><BR/>Now, do the same for 2008 - then compare the two amounts to get a rough indication of your real gains.<BR/><BR/>If 2008 is equal or less than 2007, then you probabkly took unnecessarily great risks for nothing.<BR/><BR/>:-)<BR/><BR/>Too much diversification screws people up. Wins and Losses cancel each other out. Stock diversification is for those who are either too busy or too lazy to keep current on their companies' and industries' performance.<BR/><BR/>You need to focus everything you have on 2-3 winners only. <BR/><BR/>Companies that you strongly believe in (i.e. based on long term fundamentals) after factoring in various risks e.g. the effect of kenyan politics (as long as the tibalist MPs are in power)..<BR/><BR/>Downsize your stock stable if you want spectacular returns. <BR/><BR/>Invest in other asset classes (property / businesses etc) to help you "forget" your winner shares for 5 years or more.<BR/><BR/>Keep in mind though, that the less you diversify, the higher the risk of even bigger losses. Hence the need for due diligence when picking stocks and careful periodic health-checks (industrywise and companywise)of your chosen winners.<BR/><BR/>Na kwa hayo machache, Good luck!Maishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-37686676396772473762008-05-21T16:49:00.000+03:002008-05-21T16:49:00.000+03:00Jakaruma: good question and I'm shocked at the ans...Jakaruma: good question and I'm shocked at the answer (KCB 43%, Diamond Trust 26%, Stanbic 10%, Total 7%, Scangroup 6%, Express 5, Sameer 25) I never realised how dependent I am on the financial sector! <BR/>- As for Access Kenya, sometimes i get access to extra AGM's and try to attend as many as possible, time permitting.bankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-48685638745382082322008-05-21T16:29:00.000+03:002008-05-21T16:29:00.000+03:00Cheers once again for Stable Declaration.How come ...Cheers once again for Stable Declaration.<BR/>How come Access is missing? Ama you attended the AGM as a proxy.<BR/>I thought Sameer would be your worst performer, at how much did you buy?<BR/>BTW, whats the percentage of each stock in your stable?Jakarumbahttps://www.blogger.com/profile/06936385154550394285noreply@blogger.com