| Stock | Start price | End Price | % Gain | Other information |
|
AccessKenya Group |
13.35 |
35.00 |
+162.17% | The only post election effects survivor |
|
Equity Bank |
139.00 |
300.00 |
+115.83% |
Eminent split |
|
KCB |
24.00 |
31.50 |
+31.25% |
Issuing rights |
|
E.A.Cables |
46.00 |
41.50 |
-9.78% |
No known activity |
1,000 shares in each counter would have made you Ksh.185K richer, a whooping 83% gain. Who ever says last year was a bad year is a speculator. Considering the little effort it took to analyze the stocks I picked for the green list, then only a speculator could have made losses last year by buying stocks blindly. All an investor need to do is understand the counter he intend to buy in – management, business strategy and numbers (though I’ve discovered that historical numbers don’t count that much)
Soon I will post "the 2008 green list" after some analysis. I feel that after the Safaricom IPO there is a small ‘breath’ in the market that may lead to a correction like the one experienced in 2007 March. But no cause for alarm, I could be wrong.
{Disclaimer - this is a personal market opinion and list of my preferred stocks. It does not indicate certainty and anybody reading this should consult their investment advisor/ broker before making any investment decision}
