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ARM Nine Month pre-tax profit jumps 304 percent
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dunkang
#51 Posted : Thursday, March 14, 2013 8:20:12 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Aguytrying wrote:
Its a fantastic company with a bright future. But nothing can explain the high pe ratio its trading at. Did the convertible bond holders cash in?
This share will leave shareholders who buy at current lofty prices or future lofty prices with tears. Its madness on this counter


Tell 'em brother, tell'em
Receive with simplicity everything that happens to you.” ― Rashi

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MoneyMonger
#52 Posted : Thursday, March 14, 2013 8:32:05 AM
Rank: Member

Joined: 4/25/2012
Posts: 110
Aguytrying wrote:
Its a fantastic company with a bright future. But nothing can explain the high pe ratio its trading at. Did the convertible bond holders cash in?
This share will leave shareholders who buy at current lofty prices or future lofty prices with tears. Its madness on this counter


I cant agree more. Madness feels like an understatement. But investors (if I can say so) can be irrational at times.
There is nothing as dangerous as an Idea, when there is only one Idea
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holycow
#53 Posted : Wednesday, March 20, 2013 7:36:25 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
With such a PE and a Dividend of 50 cents??? I'd rather Kengen or even "monkey" Mumias

http://www.businessdailyafrica..../-/13t6cfjz/-/index.html
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Mukiri
#54 Posted : Wednesday, March 20, 2013 11:11:51 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
The number of ARM haters remind me of Mpesa bank a while ago. Let the political situation calm down then we get down to serious national building... #youwillbesurprised

Proverbs 19:21
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