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Stanbic Holdings HY18
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obiero
#31 Posted : Saturday, August 18, 2018 11:19:07 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
Bishofu wrote:
Someone really trying to peddle the Arm story, think it's a hoax.Adminstration isn't liquidation anyway

Seems like @vvs is creating a false sense of alarm to initiate a further rally. This mzee is shrewd
COOP, IMH, KEGN, KQ, MTNU
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Horton
#32 Posted : Saturday, August 18, 2018 11:42:27 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
obiero wrote:
Bishofu wrote:
Someone really trying to peddle the Arm story, think it's a hoax.Adminstration isn't liquidation anyway

Seems like @vvs is creating a false sense of alarm to initiate a further rally. This mzee is shrewd


Yep itโ€™s official ARM under administration very sad

https://uk.reuters.com/a...-statement-idUKL5N1V903Q
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the deal
#33 Posted : Saturday, August 18, 2018 11:53:39 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
the deal wrote:
5 star earnings...double digit growth in revenues is maverlous!

ARM under administration. I wonder what it means for Stanbic KE. Though I expect they will recover their loans as they are probably secured creditors.

Yes could be a huge hit on Stanbic...I don't trust ARM's balance sheet...I believe it's massively overstated...could be the reason why CDC bailed out...
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VituVingiSana
#34 Posted : Sunday, August 19, 2018 8:46:34 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
obiero wrote:
Bishofu wrote:
Someone really trying to peddle the Arm story, think it's a hoax.Adminstration isn't liquidation anyway

Seems like @vvs is creating a false sense of alarm to initiate a further rally. This mzee is shrewd

https://www.businessdail...717912-9q3hxo/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#35 Posted : Sunday, August 19, 2018 8:48:13 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
Bishofu wrote:
Someone really trying to peddle the Arm story, think it's a hoax. Adminstration isn't liquidation anyway

Who is trying to peddle what?
Why do you think the ARM story about it going into administration is a hoax?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#36 Posted : Sunday, August 19, 2018 8:48:55 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
VituVingiSana wrote:
obiero wrote:
Bishofu wrote:
Someone really trying to peddle the Arm story, think it's a hoax.Adminstration isn't liquidation anyway

Seems like @vvs is creating a false sense of alarm to initiate a further rally. This mzee is shrewd

https://www.businessdail...17912-9q3hxo/index.html

I hadn't seen the reuters link by the time I posted.. Pole once more on the capital loss
COOP, IMH, KEGN, KQ, MTNU
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VituVingiSana
#37 Posted : Sunday, August 19, 2018 8:51:29 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
obiero wrote:
Bishofu wrote:
Someone really trying to peddle the Arm story, think it's a hoax.Adminstration isn't liquidation anyway

Seems like @vvs is creating a false sense of alarm to initiate a further rally. This mzee is shrewd

How would creating a false sense of alarm cause a rally be it for ARM or Stanbic?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#38 Posted : Sunday, August 19, 2018 9:10:30 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
VituVingiSana wrote:
obiero wrote:
Bishofu wrote:
Someone really trying to peddle the Arm story, think it's a hoax.Adminstration isn't liquidation anyway

Seems like @vvs is creating a false sense of alarm to initiate a further rally. This mzee is shrewd

How would creating a false sense of alarm cause a rally be it for ARM or Stanbic?

Don't take me too seriously. I usually post stuff to specifically annoy you ๐Ÿ˜
COOP, IMH, KEGN, KQ, MTNU
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sparkly
#39 Posted : Sunday, August 19, 2018 9:28:38 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
the deal wrote:
VituVingiSana wrote:
the deal wrote:
5 star earnings...double digit growth in revenues is maverlous!

ARM under administration. I wonder what it means for Stanbic KE. Though I expect they will recover their loans as they are probably secured creditors.

Yes could be a huge hit on Stanbic...I don't trust ARM's balance sheet...I believe it's massively overstated...could be the reason why CDC bailed out...


CDC bailed out?
Life is short. Live passionately.
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VituVingiSana
#40 Posted : Monday, August 20, 2018 4:32:13 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
And it is on!
SAHL to buy Stanbic KE shares on the market.
Applause Applause Applause I wonder upto what price they will be comfy buying at?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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