Wazua
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Olympia Capital FY2012-13 PBT drops a massive 74%
Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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I have written them off. I can't even sell the useless crap.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 2/8/2007 Posts: 808
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In my dialect they call such chieth maduong! Ati you move to cosmetics because the building constructions industry is too tough. How about selling the assets of the company and giving back shareholders their money, it's the most honorable thing for OCH now. The shareholders bought into the company because of the opportunity in the building industry not for them to go trying what is fashionable, soon they will want to open a supermarket.
Meanwhile OCH must have the dimmest CFO on the NSE going by those statements. They are also a demonstration of somebody ill suited for their position let alone an acting CE role.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Some of these Olympia brigades were in CMC as part of the Governance and heavy investors team. Ok! Looks like yet another plot to floor Wanjiku! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 9/30/2013 Posts: 254
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Rank: Member Joined: 2/8/2007 Posts: 808
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The only problem is that they will connishly pay 20 shareholders and the rest will have to wait for Jesus to return.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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@VVS do you still have OCH shares or did you cut your losses? Life is short. Live passionately.
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Wazua
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Olympia Capital FY2012-13 PBT drops a massive 74%
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