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Longhorn HY 2016 net profit up 70%
Rank: New-farer Joined: 7/1/2015 Posts: 67
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half year profit t Dec 2016 up by 70% 67.8Million from 39.8M. beam of hope???? “It’s no good, it’s no good!” says the buyer— then goes off and boasts about the purchase-Proverbs 20:14
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Sam_Kibs wrote:half year profit t Dec 2016 up by 70% 67.8Million from 39.8M. beam of hope???? the normal kenyan way of pumping a share before a rights issue "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,224 Location: Nairobi
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mlennyma wrote:Sam_Kibs wrote:half year profit t Dec 2016 up by 70% 67.8Million from 39.8M. beam of hope???? the normal kenyan way of pumping a share before a rights issue Unaudited. And then a 'profit warning' after the Rights Issue. IMHO, this is a bandia firm. KQ, KPLC, etc all did Rights Issues on pumped up earnings/projections... Then we had TCL, etc which listed just after announcing good results. And then the next set of results were awful. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/15/2006 Posts: 3,906
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The curious case of Longhorn: 
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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VituVingiSana wrote:mlennyma wrote:Sam_Kibs wrote:half year profit t Dec 2016 up by 70% 67.8Million from 39.8M. beam of hope???? the normal kenyan way of pumping a share before a rights issue Unaudited. And then a 'profit warning' after the Rights Issue. IMHO, this is a bandia firm. KQ, KPLC, etc all did Rights Issues on pumped up earnings/projections... Then we had TCL, etc which listed just after announcing good results. And then the next set of results were awful. and considering we are in a bear,it might tank heavily.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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whiteowl wrote:VituVingiSana wrote:mlennyma wrote:Sam_Kibs wrote:half year profit t Dec 2016 up by 70% 67.8Million from 39.8M. beam of hope???? the normal kenyan way of pumping a share before a rights issue Unaudited. And then a 'profit warning' after the Rights Issue. IMHO, this is a bandia firm. KQ, KPLC, etc all did Rights Issues on pumped up earnings/projections... Then we had TCL, etc which listed just after announcing good results. And then the next set of results were awful. and considering we are in a bear,it might tank heavily. I hope Wanjiku listening to you too! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Spikes wrote:whiteowl wrote:VituVingiSana wrote:mlennyma wrote:Sam_Kibs wrote:half year profit t Dec 2016 up by 70% 67.8Million from 39.8M. beam of hope???? the normal kenyan way of pumping a share before a rights issue Unaudited. And then a 'profit warning' after the Rights Issue. IMHO, this is a bandia firm. KQ, KPLC, etc all did Rights Issues on pumped up earnings/projections... Then we had TCL, etc which listed just after announcing good results. And then the next set of results were awful. and considering we are in a bear,it might tank heavily. I hope Wanjiku listening to you too! Eti, the sky is falling, the sky is falling. Why not give credit where it deserves. This is stellar performance. Good I never alighted from this bus. All indicators were right and everything points to the north. Wanjikus crystal ball is smarter than many elders @wazua nowadays. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Cooking the books for a rights issue. Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Sam_Kibs wrote:half year profit t Dec 2016 up by 70% 67.8Million from 39.8M. beam of hope???? ?? Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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We've read this script too many times before to be fooled again The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/3/2007 Posts: 18,224 Location: Nairobi
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Aguytrying wrote:We've read this script too many times before to be fooled again Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 3/3/2010 Posts: 79
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keep in mind DJ CK and his centum mafias have significant shareholding in Longhorn! Red Alarm! Stay Away unless you're a day trader! Knowledge is contagious...Infect truth!
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Rank: Member Joined: 1/13/2014 Posts: 394 Location: Denmark
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Afroblk wrote:keep in mind DJ CK and his centum mafias have significant shareholding in Longhorn! Red Alarm! Stay Away unless you're a day trader! Centum sold a big chunk of longhorn in 2014. Presently they own very little or nothing at all. Seeing is believing
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Rank: Chief Joined: 1/3/2007 Posts: 18,224 Location: Nairobi
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jawgey wrote:Afroblk wrote:keep in mind DJ CK and his centum mafias have significant shareholding in Longhorn! Red Alarm! Stay Away unless you're a day trader! Centum sold a big chunk of longhorn in 2014. Presently they own very little or nothing at all. I have no idea what Centum owns in Longhorn but if Centum has bailed out... [Remember when Centum did the smart thing & dumped RVR] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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So far the pumping has failed "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Longhorn publishers limited says has received approval from the Capital Markets Authority to raise KES530 million through rights issue Longhorn publishers limited will issue 126 million newly created shares at KES.4.20 at ratio of 0.86 shares for every share held "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:Longhorn publishers limited says has received approval from the Capital Markets Authority to raise KES530 million through rights issue Longhorn publishers limited will issue 126 million newly created shares at KES.4.20 at ratio of 0.86 shares for every share held Pump in money. I'll buy this share below rights price. Rights resonance will bring this stock to its knees before I scoop a good number for speculation. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: New-farer Joined: 7/1/2015 Posts: 67
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mlennyma wrote:Longhorn publishers limited says has received approval from the Capital Markets Authority to raise KES530 million through rights issue Longhorn publishers limited will issue 126 million newly created shares at KES.4.20 at ratio of 0.86 shares for every share held enlighten me pliz. who are the eligible shareholders to take part in the rights? shareholders in the register as as what date? “It’s no good, it’s no good!” says the buyer— then goes off and boasts about the purchase-Proverbs 20:14
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Longhorn HY 2016 net profit up 70%
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