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obiero
#631 Posted : Sunday, August 10, 2014 7:26:43 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
icecube wrote:
This thing closed the week at over 4 bob.

was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later

KQ ABP 4.26
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Akenyan2014
#632 Posted : Sunday, August 10, 2014 11:20:38 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
obiero wrote:
icecube wrote:
This thing closed the week at over 4 bob.

was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later


@ Obiero, was migaa discussed at the exchange bar?
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obiero
#633 Posted : Sunday, August 10, 2014 12:16:22 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Akenyan2014 wrote:
obiero wrote:
icecube wrote:
This thing closed the week at over 4 bob.

was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later


@ Obiero, was migaa discussed at the exchange bar?

migaa is a white elephant my friend. only the golf course is done, thanks to Emilio. even the show house is not complete!

KQ ABP 4.26
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icecube
#634 Posted : Sunday, August 10, 2014 8:04:20 PM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
obiero wrote:
icecube wrote:
This thing closed the week at over 4 bob.

was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later


@Obiero, thanks for sharing this information. I think the share will go back where it belongs, 2 bob and below..
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icecube
#635 Posted : Monday, August 11, 2014 9:13:42 AM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
@ Obiero, we will thank you sooner than later
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mwanafunzi
#636 Posted : Monday, August 11, 2014 9:43:15 AM
Rank: Member

Joined: 12/3/2008
Posts: 113
VituVingiSana wrote:
Aguytrying wrote:
when stocks go down like this, we need not panic. look at britam it sunk to 4.00 from 9.00.
we should concentrate on whether this company is profitable, will it continue to grow profits, can we trust management. if all these are positive. buy the shares and ignore the noise.
Britam at 4? Lini? I think the lowest was 6


I bought Britam at IPO and sold at 5.5 worst mistake I ever made. Friends, learn to accept and move on. no one knows what tomorrow holds. Even Safaricom sank to 2.9. The hardest lessons:
1. Have a strategy i.e Longterm, Shortterm trading, Dividend hunting etc. and stick to it.
3. Have a target
2. Diversify your portfolio
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maka
#637 Posted : Monday, August 11, 2014 11:04:03 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
icecube wrote:
@ Obiero, we will thank you sooner than later

Yes after making money...smile
possunt quia posse videntur
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icecube
#638 Posted : Monday, August 11, 2014 11:16:03 AM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
obiero wrote:
icecube wrote:
This thing closed the week at over 4 bob.

was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later


The price of this thing is now getting out of control! 4.45???
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sparkly
#639 Posted : Monday, August 11, 2014 5:25:17 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
icecube wrote:
obiero wrote:
icecube wrote:
This thing closed the week at over 4 bob.

was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later


The price of this thing is now getting out of control! 4.45???


RSI divergence but Wait until it closes above 4.50.
Life is short. Live passionately.
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YoungMulla
#640 Posted : Monday, August 11, 2014 9:40:19 PM
Rank: Member

Joined: 3/14/2012
Posts: 577
Location: Nairobi Kenya
I agree someone was trying to pump this stock. This cat is on its last bounce. This time it will drop to the bottom.
Before I die - i will touch the sky!!
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