Nice: Bought NIC immediately Amos announced the budget in June. Bought Equity in Jan 2007-say no more. Bought some NMG@245-still in the money,add some sugary dividends. Bought CFC Bank@84 during the Feb/March lows. Away from the NSE,I've also been venturing to the BRIC stock markets with handsome returns.

Not so nice:Bought BBK @ Ksh83 courtesy of my broker (thanks). Spent time balancing it out.  

Hired two independent certified Financial Analysts to look into and report to me why "...,nse will hit 4,000 before end of year."  and actually did pay them! 

They've been released.

Like everyone else,i missed the boat on Kengen @ 18,

• completely missed out on Equity @#$
• and foolishly bought KQ shares @ 78!!...
• bought Jubilee @ 220
• Holding on to my KPLC i bought for 250

The good:

• Held on to 2000 shares of KCB (bought pre-split for 150 last year!)
• Ditto for NIC which i got @ 98
• and finally the Stanbic IPO (300%) which i'm still holding on to

it turns out it wasnt such a bad year

sucsess: EABL way before bonus

                  Stanbic UG: 300%!!

i hold no other stocks,sold out in Feb.

1. SBU's IPO(I am still holding out)    -  206%
2. KCB @ 24 (quite a chunk)
3. Buying  ICDCI @ 26 and selling @ 30 for several cycles

1. Bought ICDCI @ 31.50
2. Bought Ken-Re @ 17.00
3. Sold Access @ 20 having topped at 16.45 plus IPO's minimum allocation

1. Having an account at  Nyaga and it being managed by an agent
2. Missing on the 2nd KenGen offer rumour and not buying the stock at 18. Waited for it at 12.
3. Failing to buy NIC when it was below 100 even though it was one of my dream stocks
4. Completely missing on the KCB bandwagon
5. Buying kq at 100,90,80,70 and 60 thinking I was smart

1. Buying huge chunks of Access when it was btn 12 and 14,at the time no one was willing to touch it.
2. Kicking the agent
3. Moving out of Nyaga stockbroker to African Alliance.
4. Investing in books such as The Zurich Axioms,Sane investing in an insane world and How to make money in the stock market,papers like BD,Financial Post
5. Joining SK early this year.
6. Buying nbk when it was in 30s
7. Buying ARM in 60s
8. Muying Mumias before bonus
9. Not touching eveready at all.

Mistakes

1. As a recruit in this field of stocks investment I had been hitherto satisfied waiting only for IPO's without knowing the great potential hidden at the NSE.

2. Trusting my broker would execute orders on time. i placed a bulk buy order for a quick moving bank stock at the right price,right time,only to realise one month later wen i went to 'sell at a reasonable profit'  that the same had not gone thru! Kwani some brokers are not gud at certain stocks?

3. relying on hearsay,street talk and making decisions based on mere conjecture. can be very very misleading.

4. Buying without understanding market fundamentals and  co. announcements

Gud move

1. Started doing own research and realising the potential at NSE. Thanks to current govt for exposing most of us to stock investments

2. Registering at SK. i have learned alot from the veterans n now am more enlightened

Breakthrough: Buying Equity at 89 in april and selling it in June at 140,then immediately buying KCB at 22 and selling at 29 at the end of july.

Mistakes: Buying KPLC at 285,you all know where the price is now.

Bets for 2008: Kenya Re bought at 15 and targeting to sell at 22 when they announce the end year results. I expect EPS of 1.44 (projecting from their half year EPS of 0.72) assuming a P/E of 16,then expected price would be 23.

Others; NBK to hold for 2years. Equity is also a must have.

Good

Stanbic UG,Equity,EABL

BAD

Unga,

UGLY

Uchumi,pls help!!!!