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ARM HY2017
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Ericsson
#1 Posted : Friday, September 01, 2017 10:36:42 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,815
Location: NAIROBI
ARM has reported a loss of 1.4BN compared to 266M for the same period last year
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Pesa Nane
#2 Posted : Friday, September 01, 2017 12:57:15 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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xxxxx
#3 Posted : Friday, September 01, 2017 1:07:35 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
Pesa Nane wrote:


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly as I said, this should be included amongst stocks to sellLaughing out loudly Laughing out loudly for now at least
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Angelica _ann
#4 Posted : Friday, September 01, 2017 1:08:48 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,936
Hapa nimepatikana Pray Pray Pray
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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xxxxx
#5 Posted : Friday, September 01, 2017 1:18:43 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
Ericsson wrote:
ARM has reported a loss of 1.4BN compared to 266M for the same period last year


This is serious.... Is there no commentary from management???????? Is it really that bad???

At this rate,we should go buy EAPCCLaughing out loudly Laughing out loudly
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hisah
#6 Posted : Friday, September 01, 2017 4:16:10 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Angelica _ann wrote:
Hapa nimepatikana Pray Pray Pray

Cut the loss. Broken below my sell trigger @18.70 invalidating the trade from the TA perspective.

Fundamentally, the HY results are really terrible.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ebenyo
#7 Posted : Friday, September 01, 2017 4:27:17 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,019
Location: Kitale
terrible results.i thought things will be better after they got the funds from UK firm.It will take long time for this company to pick up.
Towards the goal of financial freedom
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Ericsson
#8 Posted : Sunday, September 03, 2017 2:46:01 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,815
Location: NAIROBI
Another company going Mumias/uchumi/KQ way.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Spikes
#9 Posted : Sunday, September 03, 2017 7:28:58 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Angelica _ann wrote:
Hapa nimepatikana Pray Pray Pray


I warned you didn't listen!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero
#10 Posted : Sunday, September 03, 2017 8:18:12 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,288
Location: nairobi
xxxxx wrote:
Pesa Nane wrote:


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly as I said, this should be included amongst stocks to sellLaughing out loudly Laughing out loudly for now at least

You are right. Our economy is dying.. And these companies reporting losses have debt in Kenyan financial institutions.. The NSE cookie will crumble
COOP, IMH, KEGN, KQ, MTNU
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