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UAP HY15 profit before tax down 418%
heri
#1 Posted : Friday, August 21, 2015 4:31:44 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
UAP HY15

Pbt down by 418%.

and to think someone was offering me the shares at shs193 per share this week
streetwise
#2 Posted : Friday, August 21, 2015 4:36:46 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
What the heeeeeelo.

This looks like the devils handwork
Othelo
#3 Posted : Friday, August 21, 2015 4:41:36 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
streetwise wrote:
What the heeeeeelo.

This looks like the devils handwork

You have made my Friday Laughing out loudly Laughing out loudly Laughing out loudly
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
Angelica _ann
#4 Posted : Friday, August 21, 2015 4:45:15 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
That is a huge decline, what happened? Figures?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
heri
#5 Posted : Friday, August 21, 2015 5:10:04 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
hisah
#6 Posted : Friday, August 21, 2015 5:26:21 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
What is that Finance costs item that ballooned by 303%?

This OTC stock was overvalued and with this HY results... Sigh Pray

The market price has to come down to earth with a thud!

Ahem, who sold out to Old Mutual at a premium? The circus.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
The optimist
#7 Posted : Friday, August 21, 2015 5:28:16 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
Othelo wrote:
streetwise wrote:
What the heeeeeelo.

This looks like the devils handwork

You have made my Friday Laughing out loudly Laughing out loudly Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly What a laugh I've had.
mulla
#8 Posted : Friday, August 21, 2015 5:44:08 PM
Rank: Member

Joined: 6/15/2013
Posts: 301
hisah wrote:
What is that Finance costs item that ballooned by 303%?

This OTC stock was overvalued and with this HY results... Sigh Pray

The market price has to come down to earth with a thud!

Ahem, who sold out to Old Mutual at a premium? The circus.


If I am not wrong Centum sold UAP stake to Old mutual didn't they...they must have had inside info.....poor old mutuald'oh!
lochaz-index
#9 Posted : Friday, August 21, 2015 6:02:40 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
This is comical to say the least. For those who are waiting for this stock to list on the nse its nosedive will be pretty steep and you would be better off cashing in the OTC. The term overvalued is a gross understatement here.
The main purpose of the stock market is to make fools of as many people as possible.
Ericsson
#10 Posted : Friday, August 21, 2015 6:11:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Financed costs ballooned by 303% because of interest payments of the corporate bond they issued last year.
Second they took a dollar denominated loan to build Uganda Business park and the regional currencies having weakened versus the dollar it was doom.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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