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OCH...while you were away
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mukiha
#1 Posted : Friday, February 18, 2011 4:50:30 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
I haven't looked at this stock for something like a year; the today I see that it is the highest gainer closing at 5.15.

Gosh; the last time we had a debate about it, the price was around 10-bob. are people still holding on to this debe with holes?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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mwanahisa
#2 Posted : Friday, February 18, 2011 5:35:47 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
If ever there was a company which epitomises destruction of value this is it. I have denounced company management/BoD on this forum to exhaustion. I still do not think they have a clue. While the share price does move up and down once in a while, the trend has definitely been down.

It makes for a good speculative play for speculators with MORE GUTS than I do, as I sometimes fear it could be declared INSOLVENT.

In any event even if one wanted to speculate, you can hardly get any critical mass of shares, so you will probably be developing ulcers over a paltry number of shares. Not worth the AGGRAVATION in my book.
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gesowan
#3 Posted : Friday, February 18, 2011 9:40:18 PM
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Joined: 11/6/2010
Posts: 289
@mukiha
i agree with you "I sometimes fear it could be declared INSOLVENT".but disagree on sometimes to me it is a matter of time,where is CMA this company website is dead no information yak

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hisah
#4 Posted : Sunday, February 20, 2011 10:30:13 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
How OCH is still alive together with paka should be declared a business miracle.

At times I wish equity markets could be like sports where if a stock under performs below acceptable levels, it is relegated to a below par market. If it fails at the below par market, then it's suspended. I'm sure big boys have thought about it & would the biggest players in this very risk below par market.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#5 Posted : Sunday, February 20, 2011 6:21:27 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
I also thought that it was at around 7 until VVS pointed otherwise in a separate thread. This shows the importance of checking the market on a frequent basis. Bwana young, do you agree?
GOD BLESS YOUR LIFE
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mlennyma
#6 Posted : Sunday, February 20, 2011 7:32:11 PM
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Joined: 7/21/2010
Posts: 6,191
Location: nairobi
Do you remember their rights issue at 14 ?
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#7 Posted : Monday, February 21, 2011 6:35:35 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
mlennyma wrote:
Do you remember their rights issue at 14 ?
I try to block it out!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#8 Posted : Monday, February 21, 2011 7:07:40 AM
Rank: Chief


Joined: 3/24/2010
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Location: Black Africa
VituVingiSana wrote:
mlennyma wrote:
Do you remember their rights issue at 14 ?
I try to block it out!

Laughing out loudly
GOD BLESS YOUR LIFE
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mukiha
#9 Posted : Monday, February 21, 2011 7:49:23 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
mlennyma wrote:
Do you remember their rights issue at 14 ?

....and there are some who bought at 22 during the SA acquisations spree...
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Aguytrying
#10 Posted : Monday, February 21, 2011 8:39:37 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
I pray i will be able to spot bad companies from a far and stay away from then. 22 to 5 bob. Yikes!
The investor's chief problem - and even his worst enemy - is likely to be himself
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qw25041985
#11 Posted : Monday, February 21, 2011 8:42:13 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
mukiha wrote:
mlennyma wrote:
Do you remember their rights issue at 14 ?

....and there are some who bought at 22 during the SA acquisations spree...


WOW !!!!!!!!!!!!!!!. thanks goodness for averaging down technique ...
Your future depends on your dreams so go to sleep !
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Wa_ithaka
#12 Posted : Monday, February 21, 2011 9:50:04 AM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
If I had cash, I'd buy a controlling stake in OCH and turn it into a proper private equity firm ala Centum
The Governor of Nyeri - 2017
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alikujia
#13 Posted : Monday, February 21, 2011 12:10:29 PM
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Joined: 5/27/2010
Posts: 324
Location: nrb
Wa_ithaka wrote:
If I had cash, I'd buy a controlling stake in OCH and turn it into a proper private equity firm ala Centum

for waht benefit. even the history may not be of any advantage.
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