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Home Afrika issue FY13 Profit Warning!!!
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jawgey
#11 Posted : Thursday, April 24, 2014 8:43:32 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
sparkly wrote:
... Owing to re-allocation of substantial revenue that was previously recognized as income!

Is that an admission of manipulation of books prior to listing?

I believe it is! something's cooking
Seeing is believing
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dunkang
#12 Posted : Thursday, April 24, 2014 9:00:00 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
jawgey wrote:
sparkly wrote:
... Owing to re-allocation of substantial revenue that was previously recognized as income!

Is that an admission of manipulation of books prior to listing?

I believe it is! something's cooking


TOP 8 WAYS COMPANIES "COOK" THE BOOKS

From www.investopedia.com

1. Accelerating Revenues
2. Delaying Expenses
3. Accelerating Expenses Preceding an Acquisition
4. "Non-Recurring" Expenses
5. Other Income or Expense
6. Pension Plans
7. Off-Balance-Sheet Items
8. Synthetic Leases

For more on this read it from THIS LINK
Receive with simplicity everything that happens to you.” ― Rashi

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Sufficiently Philanga....thropic
#13 Posted : Thursday, April 24, 2014 9:36:22 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Support currently at 2.50Sad
@SufficientlyP
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patrazi
#14 Posted : Thursday, April 24, 2014 9:51:34 AM
Rank: New-farer

Joined: 7/18/2012
Posts: 76
Sufficiently Philanga....thropic wrote:
Support currently at 2.50Sad

This is a good lesson for me: avoid all counters branded as 'private clubs' on wazua. I bought some at 6.40.
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WMSD
#15 Posted : Thursday, April 24, 2014 9:56:14 AM
Rank: Hello

Joined: 4/21/2014
Posts: 5
Nairobi Securities Exchange Highlights Market open — 9:51 AM EAT
Gainers Price Change
CIC 9.50 6.15%
MSC 3.20 4.92%
UNGA 25.00 4.17%
TCL 25.50 2.00%
DTK 230.00 1.32%
Losers Price Change
HAFR 4.50 10.89%
EVRD 3.40 6.85%
ICDC 37.50 2.60%
EQTY 35.00 2.10%
BERG 84.00 1.18%

Movers Volume Mkt.Cap
KENO 3.26M 13.25B
MSC 113,300 4.90B
CIC 74,600 20.71B
UNGA 53,000 1.89B
SCOM 47,900

Home africa is doin terribly bad http://ekeza.blogspot.co.../stock-performance.html
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hisah
#16 Posted : Thursday, April 24, 2014 10:53:11 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
As per the orders board, if the bids at 4.50 and 4.55 are filled the next the tiny bids at 4.05 - 4.20 may get filled too. I don't see how this thing will stay afloat 4/- handle.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Boris Boyka
#17 Posted : Thursday, April 24, 2014 11:04:03 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
hisah wrote:
As per the orders board, if the bids at 4.50 and 4.55 are filled the next the tiny bids at 4.05 - 4.20 may get filled too. I don't see how this thing will stay afloat 4/- handle.

let it come we're waiting for it come@ 2.50-3.50 we get in for looooong term it'll pay well.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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hisah
#18 Posted : Thursday, April 24, 2014 12:18:25 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Boris Boyka wrote:
hisah wrote:
As per the orders board, if the bids at 4.50 and 4.55 are filled the next the tiny bids at 4.05 - 4.20 may get filled too. I don't see how this thing will stay afloat 4/- handle.

let it come we're waiting for it come@ 2.50-3.50 we get in for looooong term it'll pay well.

4.50 cleared. Up next 4.20 then 4. The heavy bids are clustered from 3.60 down.

@guru - will you bail or convert to long term hold?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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ngapat
#19 Posted : Thursday, April 24, 2014 12:39:05 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
I have never been interested in this counter but can consider it at below 3 bob
“Invest in yourself. Your career is the engine of your wealth.”
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MunyaoTrader
#20 Posted : Thursday, April 24, 2014 12:57:16 PM
Rank: New-farer

Joined: 6/5/2010
Posts: 30
Location: Nairobi
How many shares of this stock are you willing to buy below 3 shillings?......because i had been observing the volumes of shares traded and they have been impressive over the last 6 months. This means at 100,000 shares its easy to get in and out of this stock within a short time. I know many people may not like short trading....but i would rather short this share than park my cash in a bank.
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