Olympia is a share made in hell. It should actually be delisted and the BOD Henry Kosgeyed. No insane investor would touch this share unless for a careless speculation purpose only to keep his adrenaline doing a Wakiihuri stunt.

If you are fresh in the stock market, buy Serena. Never, ever touch Olympia even if they offer to give tiles instead of dividends. The MD of this company did not finish elementary investment school. He stole books and was expelled.

Am rolling on the floor laughing ...

Did they hold their DEC AGM and what came of it?

this counter is good for speculation and the real risk takers. did i say real? yes. the price fluctuation keep one checking the bourse every hour just in case you are being burnt or becoming a millionaire instantly. the other undoing for this counter is the shares traded, with only 40million listed shares there is very little available considering the meager price. am market capitalisation of less than a quarter a billion.

No Bw. Geso, dont quote me! I don't even own the share but after reading Graham and by happenstance seeing the figures i was interested. Am hoping Graham disciples and other value investors can join in and maybe back me or maybe correct me!.

I've heard numerous times on Wazua of investors investing because the stock is way below net asset value per share and has a low P/E...

This kind of analysis leaves the whole economic aspect of the analysis out and most times leaves them with what is called a value trap..

In otherwords not every stock trading below book value and with a low P/E is worth buying and benjamin graham points this out clearly

guru, you reckon the current rally of the NSE will last as opposed to the pre-referendum rally?

Thanks Gatheuzi, This is becoming interesting and educative. Am going to run those ratios and study the company further and let's what we get. Wazuans will you join me?

today we are again up 10% we understand Paul Wanderi Ndungu is a share holder,we have seen Board Coup at CMC are we in for one at Olympia?

brothers rem I bought this counter at 35 averaged down at 20, took all my rights plus additional at 14 and bought more at 5. Trust me wen it touched 9 I exited never to look back again (ofcourse with losses running into thousand of shillings). Rem they are still withholding shareholders dividend cheque for last financial year due to some cash issue. Kindly keep off this counter if U can!

Guru is absolutely spot on! ...better down the water loo!!

But ignoring this stock for analytical purposes might be a mistake for "optimists" who always ask why not? Coz, there is no shortage of tips and guides on how to pick "winners" at the exchanges.

When I started I stuck to "winners'" guides and did not make any loss. But that made me too optimistic, even cocky, so much so that one day I decided to speculate on OCHL and EACBL. The k went down the toilet.

Now, that was the best stocks lesson I ever learned. I had never read any guide on how to lose k at the mkt, coz everyone talks about how to make it, if u get the drift.

I thus now believe Olympia offers the best example of just HOW NOT TO RUN A LISTED COMPANY for "hired" managers, and HOW BEST TO LOSE UR MONEY AT A STOCK EXCHANGE.

Its analysis would be a masterpiece into what stocks never to touch.

Just an example; info regarding what, why, when,and how much for, of whatever it is that they do/sell cannot be found on their sooo never updated website or anywhere - plus ever late reporting!!!!

I still maintain a few OCHL, as a constant reminder of the best "ulimwengu" lesson I ever learned on picking stocks.

Asiyefunzwa na guru, hufunzwa na ulimwengu.