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Access Kenya FY2010 results a LOSS?
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Aguytrying
#81 Posted : Friday, March 25, 2011 6:32:10 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
By the way qw's you've been conspicuously quite on forex matters even with the current turmoil of the kshs. Iko swida? About a.k my heart goes out to you.
The investor's chief problem - and even his worst enemy - is likely to be himself
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sparkly
#82 Posted : Friday, March 25, 2011 8:41:50 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
the deal wrote:
..look how their turnover is declining...signaling that even if they cut costs compe will butcher them...

got some speculative amount @ average of 18 and am also worried of the declining turnover
Life is short. Live passionately.
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sparkly
#83 Posted : Friday, March 25, 2011 8:44:05 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
the deal wrote:
..look how their turnover is declining...signaling that even if they cut costs compe will butcher them...

got some speculative amount @ average of 18 and am also worried of the declining turnover
Life is short. Live passionately.
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sparkly
#84 Posted : Friday, March 25, 2011 9:20:45 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
if you are in sameer...RUN! a profit of 24M from a turnover of 3.3 B is a joke. then the negative cashflows of 260M. the balance sheet is clean with net assets of over 2B and no long term liabilities. This is a business that should be liquidated and proceeds paid to shareholders, otherwise they will just be eating into the company's capital and will not be able to generate cash for capital machinery replacement/upgrade.
Life is short. Live passionately.
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Fyatu
#85 Posted : Friday, March 25, 2011 9:32:47 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Our favorite holding period is forever.......Warren Buffet
Dumb money becomes dumb only when it listens to smart money
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Muthawamunene
#86 Posted : Friday, March 25, 2011 10:34:46 PM
Rank: Member


Joined: 1/3/2011
Posts: 264
Location: Nairobi
Fyatu wrote:
Our favorite holding period is forever.......Warren Buffet


and hold you will. ata maziwa lala bado c ni maziwa.
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Cde Monomotapa
#87 Posted : Saturday, March 26, 2011 9:52:10 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Muthawamunene wrote:
Fyatu wrote:
Our favorite holding period is forever.......Warren Buffet


and hold you will. ata maziwa lala bado c ni maziwa.

Lol! Soulja boy tell 'em.
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mlennyma
#88 Posted : Monday, April 04, 2011 2:40:05 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
Demand 550,000 supply 0 ,..my averaging is working despite the noise.at 10bob i will have my 100k plus.
"Don't let the fear of losing be greater than the excitement of winning."
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hisah
#89 Posted : Thursday, May 05, 2011 12:43:35 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
mlennyma wrote:
Demand 550,000 supply 0 ,..my averaging is working despite the noise.at 10bob i will have my 100k plus.


A dead cat bounce is a dead cat bounce. Cut this loss...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Djinn
#90 Posted : Thursday, May 05, 2011 1:36:15 PM
Rank: Elder


Joined: 11/13/2008
Posts: 1,565
hisah wrote:
mlennyma wrote:
Demand 550,000 supply 0 ,..my averaging is working despite the noise.at 10bob i will have my 100k plus.


A dead cat bounce is a dead cat bounce. Cut this loss...


I concur. The outlook is NOT good. AK have lost corporate subscribers to SCOM and Zuku. Fibre lies idle and unlit. The home segment is proving unresponsive to their retail strategy (better get an Orange 3G device for 1999 and pay as you go rather than fork out so much to AK).

Nope...unless another player in the existing market looks to get listed by acquiring AK (like how it happened with CFC Stanbic - pardon my ignorance in such matters). I'd personally like to see Zuku engulf AK (I think they are abt 15 times bigger and can see farthest on the technology horizon).

My two meticals...
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QW25091985
#91 Posted : Thursday, May 31, 2012 9:07:25 AM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
pavlov wrote:
can u imagine i have AK shares that i bought at 33bob!#@%*!


hahahaha. LOL ! i think i need two minds to imagine that
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Metasploit
#92 Posted : Thursday, May 31, 2012 1:06:23 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Sad Sad
QW25091985 wrote:
pavlov wrote:
can u imagine i have AK shares that i bought at 33bob!#@%*!


hahahaha. LOL ! i think i need two minds to imagine that


“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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hisah
#93 Posted : Thursday, May 31, 2012 1:31:29 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
mlennyma wrote:
Demand 550,000 supply 0 ,..my averaging is working despite the noise.at 10bob i will have my 100k plus.


A dead cat bounce is a dead cat bounce. Cut this loss...

@mlennyma - Maybe you might be saved by this KDN drama... Very lucky indeed.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mlennyma
#94 Posted : Thursday, May 31, 2012 1:38:37 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
When the somens increased their stake,some of my fear driedup.this is my stock with one mr. @qw
"Don't let the fear of losing be greater than the excitement of winning."
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