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Olympia capital where to?
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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gesowan wrote:@sparky 18 and rights 14 still hanging in on there "but hope is not an investment strategy"
@gesowan true hope is not an investment strategy. OCH had a lot of lofty promise with their south african investments.They should have delivered a windfall from selling tiles in the 2010 world cup construction boom but they didnt. Instead they made serious losses and announced bankruptcies. The Co has been returning negatives returns to shareholders and fundamentals are very weak. It is surely time to swallow the bitter pill and move on. If you dont set targets, it is hard to admit a mistake and sell a hopeless position just as it is not easy to take profits in a share that has reached fair value but still rising. When faced with such dilemma, i sell slowly in lots untill i am left with a position i am comfortable with. I suggest that you start by selling half of your shares at current price and putting it in a more promising stock. Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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sparkly wrote:gesowan wrote:@sparky 18 and rights 14 still hanging in on there "but hope is not an investment strategy"
@gesowan true hope is not an investment strategy. OCH had a lot of lofty promise with their south african investments.They should have delivered a windfall from selling tiles in the 2010 world cup construction boom but they didnt. Instead they made serious losses and announced bankruptcies. The Co has been returning negatives returns to shareholders and fundamentals are very weak. It is surely time to swallow the bitter pill and move on. If you dont set targets, it is hard to admit a mistake and sell a hopeless position just as it is not easy to take profits in a share that has reached fair value but still rising. When faced with such dilemma, i sell slowly in lots untill i am left with a position i am comfortable with. I suggest that you start by selling half of your shares at current price and putting it in a more promising stock. good advice right there. no need to keep digging when you realise you are in a hole. identify another company and gradually divest from OCH. You will live to see another day The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 2/21/2012 Posts: 1,739
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Exit now. Sell sell sell. forgive and pray for one Matu Wamae. Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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There is a material announcement affecting Olympia Capital today...any news?
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Member Joined: 3/20/2008 Posts: 503
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FUNKY wrote:There is a material announcement affecting Olympia Capital today...any news? http://www.nse.co.ke/lis...mpany-announcements.html
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Rank: Hello Joined: 2/8/2011 Posts: 5
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PAT up by 30%. What do you think of the company wazuans?
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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mukiha wrote:chiaroscuro wrote:Suppose you have 35k to invest; would you buy 10k shares of SCOM or 10k shares of OCHL? Since the day this question was asked, OCH has gained 4.29% [from Sh3.50 to 3.65 yesterday] and SCOM 16% [from 3.45 to 4.00 yesterday] Who's laughing now? And now; five short months later, SCOM is at 4.40 while this thing is still pretending to be at 3.65! Wachana nayo kabisa! 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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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Musag wrote:PAT up by 30%. What do you think of the company wazuans? do not even look at it in the nse list The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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This time round they did not delay in releasing the results..one positive point..hahaha
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Rank: Member Joined: 11/6/2010 Posts: 289
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this company has assets in excess of a billion...but i guess the new MD might change the course of this ship which is anchored
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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mukiha wrote:mukiha wrote:chiaroscuro wrote:Suppose you have 35k to invest; would you buy 10k shares of SCOM or 10k shares of OCHL? Since the day this question was asked, OCH has gained 4.29% [from Sh3.50 to 3.65 yesterday] and SCOM 16% [from 3.45 to 4.00 yesterday] Who's laughing now? And now; five short months later, SCOM is at 4.40 while this thing is still pretending to be at 3.65! OCH still pretending to be at 3.65/- (4.29p.c gain) while SCOM is at 5.50/- and having touched 6/-. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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michael matu & friends not done hollowing out the company Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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gesowan wrote:this company has assets in excess of a billion...but i guess the new MD might change the course of this ship which is anchored @Gesowan did you offload OCH? Hope you took advantage to ride the recent bull on other promising stocks and recover some of your losses. Life is short. Live passionately.
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Rank: User Joined: 6/18/2009 Posts: 271
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aiiiiish . it it that people know how to invest so much and have bought ALL of the performing stocks that now they are turning to OCH ?
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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techboy wrote:aiiiiish . it it that people know how to invest so much and have bought ALL of the performing stocks that now they are turning to OCH ? Go through the thread. Life is short. Live passionately.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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February 01, 2013 dunkang wrote:October 30, 2012 mukiha wrote:September 21, 2012 mukiha wrote:May 14, 2012 chiaroscuro wrote:Suppose you have 35k to invest; would you buy 10k shares of SCOM or 10k shares of OCHL? Since the day this question was asked, OCH has gained 4.29% [from Sh3.50 to 3.65 yesterday] and SCOM 16% [from 3.45 to 4.00 yesterday] Who's laughing now? And now; five short months later, SCOM is at 4.40 while this thing is still pretending to be at 3.65! OCH still pretending to be at 3.65/- (4.29p.c gain) while SCOM is at 5.50/- and having touched 6/-. And now; 1 year later, OCHL is at a low 4.00 (+14.29%) and SCOM is at a high 6.30 (+82.61%). NSE 20 index (+52.84%). Verdict, OCHL has underperformed SCOM and the index. @guru 267, what convinces you that going forward, OCHL will become a star and do better than other counters?
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mwekez@ji wrote: @guru 267, what convinces you that going forward, OCHL will become a star and do better than other counters? @mwekez@ji this stock has hit its true bottom and don't you think its about time it joined the likes of AK, PAKA, CIC & LIBERTY?? Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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guru267 wrote:mwekez@ji wrote: @guru 267, what convinces you that going forward, OCHL will become a star and do better than other counters? @mwekez@ji this stock has hit its true bottom and don't you think its about time it joined the likes of AK, PAKA, CIC & LIBERTY?? The thing is, it could have hit its bottom but with the current bull, the counter upsurge could continue being less than the upsurge of other counters and the index. .... The company has very low Return on Equity and equally very low Return on Assets. The names in the Board of Directors are not anything to write home about and these directors are not delivering the magic required to performance of this company. I therefore dont see why the company should see a sudden high upsurge in price unless they decide to sell the land, buildings, plant & machinery, etc and distribute the cash to shareholders .... tell me what you are seen and i am not
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