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Which African cement stock is the best buy now?
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deadpoet
#11 Posted : Wednesday, May 16, 2012 12:03:00 PM
Rank: Member

Joined: 9/27/2006
Posts: 506
An ARM share split in the offing? Wow, good news for those shareholders. I think ARM has the least amount of issued shares compared with other cement stocks...
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QW25091985
#12 Posted : Wednesday, May 16, 2012 1:30:26 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
deadpoet wrote:
An ARM share split in the offing? Wow, good news for those shareholders. I think ARM has the least amount of issued shares compared with other cement stocks...



are you sure of the split ?
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Chaka
#13 Posted : Wednesday, May 16, 2012 2:44:55 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
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VituVingiSana
#14 Posted : Wednesday, May 16, 2012 8:20:19 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
The split was announced at 5:1
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mwekez@ji
#15 Posted : Thursday, May 17, 2012 1:05:52 AM
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Joined: 5/31/2011
Posts: 5,121
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sparkly
#16 Posted : Monday, May 21, 2012 4:04:22 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
I have been trying to buy Bamburi in the last 3 weeks. I have been quoting 146 while the market has been 145 or 144.

I can't get any supply, why? or is it my broker's online system that is a problem?
Life is short. Live passionately.
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Aguytrying
#17 Posted : Monday, May 21, 2012 9:59:08 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
sparkly wrote:
I have been trying to buy Bamburi in the last 3 weeks. I have been quoting 146 while the market has been 145 or 144.

I can't get any supply, why? or is it my broker's online system that is a problem?


What is clear is that your order did not reach the NSE, because otherwise you would have traded.
The investor's chief problem - and even his worst enemy - is likely to be himself
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guru267
#18 Posted : Tuesday, May 22, 2012 12:54:39 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
sparkly wrote:
I have been trying to buy Bamburi in the last 3 weeks. I have been quoting 146 while the market has been 145 or 144.

I can't get any supply, why? or is it my broker's online system that is a problem?


Sounds like you made an OFF MARKET ORDER when the market was already closed... These orders always seem invisible to the market..
Mark 12:29
Deuteronomy 4:16
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mwekez@ji
#19 Posted : Tuesday, May 22, 2012 5:43:01 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Kenya orders Lafarge to dilute stake in Portland

he government of Kenya has given French multinational cement conglomerate Lafarge an ultimatum to voluntarily offload part of its shares in East African Portland Cement Ltd or have its stake in the company diluted by force under anti-trust laws.

In a letter to Lafarge dated April 16 the acting director of the Competition Authority of Kenya, John Mwangi, accused the French multinational of “unwarranted concentration of economic power in the cement industry in Kenya,” citing LaFarge’s sizeable shareholding in two of the country’s leading cement producers.

“The authority is intending to invoke section 82 of the Competition Act to order you to divest your interests in East Africa Portland Cement,” he added.

Offload the shares to whom and at what price?
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