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eveready@1.65!
Rank: Member Joined: 12/8/2009 Posts: 274 Location: Ltktk
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where is this share headed? today it has touched a low of 1.65. a share at sub 2 bob! ...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Two things might save this share price; share amalgamation 1:5 to avoid a non-Tradeable price of few cents. Another prayer is a buyout. By who? African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Sober wrote:Two things might save this share price; share amalgamation 1:5 to avoid a non-Tradeable price of few cents.
Another prayer is a buyout. By who? @Sober. What about de-listing like UCHUMI until it's profitable? What are the rules? The opposite of courage is not cowardice, it's conformity.
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Rank: New-farer Joined: 11/11/2010 Posts: 65 Location: NRB
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Time to call out a Priest for the last rites. This company is officially now on a death watch. What a pity?!!!
But as we all know a bad share is a bad share. I trust that the folks who have been buying it knew they were getting into VERRY (to use the deal's language) RISKY BUSINESS.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Not interested. on the bad list add. OCH, sameer, Access. we can feel sorry for ppl with these. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Just a concern. Has the 10% rule been waived? For this counter to swing betweem 3bob and 1.65 per share. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 12/6/2008 Posts: 3,554
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Saw it on news yesterday, there seemed to be like 3 people in the factory and the busiest one (and the one the CEO decided to stroll around) was handling a machine that looked like it was operating at a 10th of its capacity. Why don't they form a productions and distribution deal for the lamps of that CNN hero of the year? Meru Holiness
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Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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Quote:Why don't they form a productions and distribution deal for the lamps of that CNN hero of the year? ....They should have used the IPO money to get into cheap rechargeable "chinese" like phone batteries,power backup solutions etc... Sasa inakaa ni kifo tu!  Bure Kabisa! Formally employed people often live their employers' dream & forget about their own.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Also saw the clip on TV last night and the thing that hit me was 'has modernization never been to Nakuru' ? It was so prehistoric manually making the batteries, manually covering them in cellophane paper, manually packing them in boxes - no wonder they can't compete on price, their hr costs must easily be by far their biggest input component. They need cash for serious modernization. There is still demand for DD batteries, so its not for the lack of a market. And that red jacket, Steve, it is not the stock exchange trading floor!!!
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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bird_man wrote:Quote:Why don't they form a productions and distribution deal for the lamps of that CNN hero of the year? ....They should have used the IPO money to get into cheap rechargeable "chinese" like phone batteries,power backup solutions etc... Sasa inakaa ni kifo tu! Bure Kabisa! The proceeds from the IPO didnt go the firm but to Merali, who was selling part of his stake to the public. And being one of the most shrewd guys i've ever known, he decided to sell a shell at KES 9.50! What a gain! And now, its on its way to dying a natural death! @SufficientlyP
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Rank: New-farer Joined: 11/11/2010 Posts: 65 Location: NRB
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Rank: Member Joined: 5/28/2010 Posts: 151
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Aaaiiiiiiiiii mbona unauwa hii kitu kwa haraka bwana?? wacha tu ikufe naturaly... we will attend the funeral "party". Ni Uhuru wa Mbesha...Niguo kana tiguo?
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Rank: New-farer Joined: 8/6/2010 Posts: 26
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 I don't own any eveready but just wondering what happens to a company if their shares become totally worthless?? At this rate the share price may be less than a bob and finally zero. I know a character who bought the damn share at 17 bob!
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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kasheshe wrote: I don't own any eveready but just wondering what happens to a company if their shares become totally worthless?? At this rate the share price may be less than a bob and finally zero. I know a character who bought the damn share at 17 bob! soo many folks bought the share in the secondary market at 18 in Dec 2006 when the mkt was so bullish! It seems they did away with the 10% price fluctuation limit following the material announcement in the form of a profit warning. This will be a lesson that not all penny stocks are a good buy, some are pennies coz they are on HDU, or is it ICU? @SufficientlyP
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Rank: Elder Joined: 11/19/2008 Posts: 1,267
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Fungueni Macho......dont you people see a CFC in the Making.....please sell sell sell even at 1 bob ....Somebody is willing to buy....to me this is no monkey business.... Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
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Rank: Member Joined: 11/6/2010 Posts: 222 Location: NAMANGA
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now, where are those who believe in bbuying when there is blood on the streets? It is humiliating to be associated with thieves and murderers.
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Rank: Member Joined: 1/15/2010 Posts: 625
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Rank: Elder Joined: 2/27/2007 Posts: 2,768
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the closing price as of today 1521hrs is ksh 2.50...not dead yet. seriously who is buying this stock? even when it is on its way to total collapse? ...besides, the presence of a safe alone does not signify that there is money inside...
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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