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Olympia FY14 loss Ksh. 30 Mn
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Pesa Nane
#1 Posted : Tuesday, June 30, 2015 11:07:33 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ignore if earlier posted.
Pesa Nane plans to be shilingi when he grows up.
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hisah
#2 Posted : Tuesday, June 30, 2015 2:49:59 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Back in Oct 2014 - This article was spot on. Avoid Olympia

I don't recall a profit warning.

TA guys have a look at the 5yr chart (monthly timeframe). Pay close attention to the Oct 2014 price action and the vol spike. The low was 2.50. I'm so sure that low will be retested and broken lower!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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VituVingiSana
#3 Posted : Wednesday, July 01, 2015 2:10:45 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Michael Matu is the poor man's Merali.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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murchr
#4 Posted : Wednesday, July 01, 2015 4:07:16 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
I sincerely hope no Wazuan holds this monkey
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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whiteowl
#5 Posted : Wednesday, July 01, 2015 4:36:09 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
murchr wrote:
I sincerely hope no Wazuan holds this monkey

Well since it's "very cheap" some must be holding it
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Pesa Nane
#6 Posted : Thursday, July 02, 2015 12:03:53 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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