I'm back in today at 4bob.. I have began buying again!

Hahaha 3.95 and headed lower already! I am currently taking a position before results are announced...

1,000 shares at a time!

The bull tide is receding and it's time to spot those swimming naked. Crappy stocks as I call them - OCH, paka, CMC (suspended) etc. Then lepers KQ, KK, MSC & Standard group...

Will be interesting to see Mr Markets reality check on the above.

... plus Express Kenya Ltd

Me I believe this guys idea is to kill the company. At the AGM last October he announced a dividend to be paid a week after...hadi wa leo zero he has never paid anything!

When shit defecates = Olympia

Enjoy the downward spiral

So many of Warren Buffett's quotes apply to Olympia!

2. "In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond."

3. "The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable."

4. "Be fearful when others are greedy. Be greedy when others are fearful."

5. "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

6. "When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact."

7. “You only find out who is swimming naked when the tide goes out.”

8. "Risk comes from not knowing what you're doing."

11. "I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will."

12. "Price is what you pay. Value is what you get."

14. "If a business does well, the stock eventually follows."

15. "Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it."

16. "Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well."

18. "Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."

19. "Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results."

20. "Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid."

23. "In the business world, the rearview mirror is always clearer than the windshield."

24. "The investor of today does not profit from yesterday's growth."

25. "Someone's sitting in the shade today because someone planted a tree a long time ago."

On the NSE when you list losers the one that beats even merali firms is this matu firm... At least merali firms make some money & pay a measly dividend. This matu-led firm makes no money & claims to pay a dividend.

Yaani, this & paka are head to head... to the bottom!