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Ericsson
#801 Posted : Wednesday, August 29, 2018 10:40:49 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,798
Location: NAIROBI
mlennyma wrote:
Pesa Nane wrote:

then 6months


Then forever like hutchings biemer
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#802 Posted : Wednesday, August 29, 2018 10:50:19 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,974
Location: nairobi
Ericsson wrote:
mlennyma wrote:
Pesa Nane wrote:

then 6months


Then forever like hutchings biemer

Mungu saidia

KQ ABP 4.48; MTN ABP 5.20
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lochaz-index
#803 Posted : Thursday, August 30, 2018 11:47:23 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
The 7 day postponement didn't make any sense and neither does the extension. Stripping assets still seems the most plausible eventuality.
The main purpose of the stock market is to make fools of as many people as possible.
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winmak
#804 Posted : Thursday, August 30, 2018 1:27:31 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
obiero wrote:
Ericsson wrote:
mlennyma wrote:
Pesa Nane wrote:

then 6months


Then forever like hutchings biemer

Mungu saidia


I am officially writing off my meager 40k stuck there in
For investors as a whole, returns decrease as motion increases ~ WB
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xxxxx
#805 Posted : Friday, August 31, 2018 3:09:35 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
winmak wrote:
obiero wrote:
Ericsson wrote:
mlennyma wrote:
Pesa Nane wrote:

then 6months


Then forever like hutchings biemer

Mungu saidia


I am officially writing off my meager 40k stuck there in





Sasa, half year results iko wapi?
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mlennyma
#806 Posted : Friday, August 31, 2018 3:31:22 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
xxxxx wrote:
winmak wrote:
obiero wrote:
Ericsson wrote:
mlennyma wrote:
Pesa Nane wrote:

then 6months


Then forever like hutchings biemer

Mungu saidia


I am officially writing off my meager 40k stuck there in





Sasa, half year results iko wapi?

I saw no lorries leaving the company
"Don't let the fear of losing be greater than the excitement of winning."
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Angelica _ann
#807 Posted : Friday, August 31, 2018 3:36:00 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,929
Would the Administrators know how to 'run' a cement manufacturing company? That is my concern for now.
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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Ericsson
#808 Posted : Friday, August 31, 2018 3:37:49 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,798
Location: NAIROBI
Angelica _ann wrote:
Would the Administrators know how to 'run' a cement manufacturing company? That is my concern for now.ent


They know how to strip assets and sell them
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Metch
#809 Posted : Friday, August 31, 2018 4:15:50 PM
Rank: Member


Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
winmak wrote:
obiero wrote:
Ericsson wrote:
mlennyma wrote:
Pesa Nane wrote:

then 6months


Then forever like hutchings biemer

Mungu saidia


I am officially writing off my meager 40k stuck there in


The rally of a lifetime was leading up to this?! Poleni wenzangu Bora uhai
Start!
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Pesa Nane
#810 Posted : Friday, August 31, 2018 5:02:33 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
xxxxx wrote:

Sasa, half year results iko wapi?


Sad Sad Sad Sad Ksh. 2,326,975.00 down the loo!!

Link HERE
Pesa Nane plans to be shilingi when he grows up.
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VituVingiSana
#811 Posted : Friday, August 31, 2018 9:27:12 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,265
Location: Nairobi
Pesa Nane wrote:
xxxxx wrote:

Sasa, half year results iko wapi?


Sad Sad Sad Sad Ksh. 2,326,975.00 down the loo!!

Link HERE

The loss was expected. I "wrote down" 6.5bn (see earlier threads) from the NAV as a loss for FY 2018. I did not expect the administration since CDC was planning to invest/loan $50mn.

Anyway, I have fully NPL'd and provided for ARM.
Let's see what they come up with in 18 days though I suspect another extension of the trading suspension.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#812 Posted : Saturday, September 01, 2018 10:34:11 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Damn this thing is worse than I imagined... Wooow
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Ericsson
#813 Posted : Saturday, September 01, 2018 10:40:31 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,798
Location: NAIROBI
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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xxxxx
#814 Posted : Saturday, September 01, 2018 10:06:08 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?
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obiero
#815 Posted : Saturday, September 01, 2018 10:46:53 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,974
Location: nairobi
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none

KQ ABP 4.48; MTN ABP 5.20
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xxxxx
#816 Posted : Saturday, September 01, 2018 11:57:29 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none


So, who is running the business? Is it the administrator or the board? And is such a statement sanctioned by CMA?
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Ericsson
#817 Posted : Saturday, September 01, 2018 11:59:04 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,798
Location: NAIROBI
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none


Giving hope to vvs and Fyatu
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#818 Posted : Sunday, September 02, 2018 6:55:31 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,265
Location: Nairobi
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none

Agreed. Joseph and Mikosz are the best at this. The rest e.g. Paunrana should learn from them.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#819 Posted : Sunday, September 02, 2018 3:50:05 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,974
Location: nairobi
VituVingiSana wrote:
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none

Agreed. Joseph and Mikosz are the best at this. The rest e.g. Paunrana should learn from them.

It would be difficult to convince a rational person that nothing good is happening at KQ in regards to the turnaround. ARM on the other hand

KQ ABP 4.48; MTN ABP 5.20
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sparkly
#820 Posted : Sunday, September 02, 2018 7:46:54 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none

Agreed. Joseph and Mikosz are the best at this. The rest e.g. Paunrana should learn from them.

It would be difficult to convince a rational person that nothing good is happening at KQ in regards to the turnaround. ARM on the other hand


Both are monkeys, just accept.
Life is short. Live passionately.
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