Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
Sunday, Jun 16, 2019
We’re investing funds for profit. Join us and wazua!
KenyaRe FY19 - FY23 (Both Inclusive) [199]
Kenya Airways...why ignore.. [12907]
Low End Housing: High Risk, High Return [325]
Bitcoin: Does it have a future ? [1089]
Equity Bank FY 2018 net profit up 5% [45]
KenGen HY 2019 [59]
KCB and NBK material announcement [93]
NBK FY18 [11]
Williamson Tea &, Kapchorua [25]
Kitengela to Rongai Road Construction and Tarmacki... [38]
Centum FY 2019 eps up 69% with div of 1.20/- [37]
Rongai Road Expansion [60]
Briatm, Britam, Britam sounds like sweet candy! [1201]
Safaricom FY 2018/19 [121]
TPS Serena FY16 [26]
Forum Jump

Welcome Guest Search | Active Topics | Log In | Register

Lost Kshs. 30 Billion in 24 hours!!!
#1 Posted : Tuesday, May 20, 2014 11:43:32 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,246
So how much have you lost in the stock market this year? Last year? The last five years combined?? And you think you are having a rough time?? Yours is just but a walk in the park.

Imagine losing 30 Billion in value of your stock holding in just 24 hours

Now imagine having lost approximately 64 Billion Shillings in value of your stock holding since March this year!!!

In March you were worth Kshs. 136 Billion and today you are worth "only" Kshs. 72 Billion. Double Ouch!!!

How to lose a third of your fortune in 24 hours!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Angelica _ann
#2 Posted : Tuesday, May 20, 2014 11:45:44 AM
Rank: Elder

Joined: 12/7/2012
Posts: 10,416
Just read that uko Yahoo news and i was like whah. That is massive. But it is his business so he understands it better!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
#3 Posted : Tuesday, May 20, 2014 8:28:13 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,202
I remember the first Eddie Murphy, stand-up comedy, I watched. That when a millionaire loses half his fortune, its somewhat ok. But when you only have hundreds/thousands and you lose half...

Proverbs 19:21
#4 Posted : Saturday, May 18, 2019 11:17:20 PM
Rank: New-farer

Joined: 12/28/2018
Posts: 56
Location: Helsingborg, Sweden
So who was the person who lost that much really ? I clearly don't get it, or it was some sort of a company here ? Please do let me know, is it World Wrestling Entertainment ? I see them trading as of $83 per stock price, so it's really adds up just now.
#5 Posted : Sunday, May 19, 2019 10:57:33 AM
Rank: Elder

Joined: 6/23/2009
Posts: 11,646
Location: nairobi
Mike Maina Kamau top individual KQ shareholder had 64,398,940 shares prior to restructuring, held at a last traded cost of KES 5.30 per share worth KES 341M .. After the restructuring, dilution was effected at a ratio of 4:1 implying current holding of 16,099,735 at KES 3.30 worth KES 53M.. Worth noting that he held his position over many years thus his actual ABP could be as high as KES 30 per share or more.. KES 1.9B turned into KES 53M.. A sad case
COOP 5,500; KCB 3,700; KQ 221,100
Users browsing this topic
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.