wazua Fri, Aug 1, 2025
Welcome Guest Search | Active Topics | Log In

5 Pages123>»
what is going on with Olympia Capital?
Options
Previous Topic · Next Topic
mBiaLoss
#1 Posted : Thursday, June 24, 2010 7:54:10 AM
Rank: New-farer


Joined: 6/23/2010
Posts: 52
Location: Majuu
I have been increasing my holding on OCH. I buy everytime it gets below 8, do wazuans think it will go past 11 when I plan on selling?
As an investor I behave like a tick, patiently waiting on grass and larch onto the first cow that shows up. As an investor I dont behave like a tick...I jump off the the cow as soon as am fully engorged before it dies...
Back to top
 Report Abusive | Report SPAM
sparkly
#2 Posted : Thursday, June 24, 2010 8:59:06 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Very risky stock. Pump in the cash at your own risk. Yet again you might be rewarded in a big way.
Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#3 Posted : Thursday, June 24, 2010 9:54:16 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
I got into it too... I hope the construction in S.Africa boosts its profits for 2010-11.

I am not sure how much of the loss is still carried forward from the debacle of the S.African acquisitions...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
youcan'tstopusnow
#4 Posted : Thursday, June 24, 2010 10:15:24 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
There was a time it was at 10.75/=
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#5 Posted : Thursday, June 24, 2010 11:14:37 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
Rights were at 14/- & now price is 8/- after 2-3 years...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
slykat
#6 Posted : Thursday, June 24, 2010 12:51:17 PM
Rank: Member


Joined: 2/20/2007
Posts: 359
@VVS

Am beginning to worry some companies issue rights when their expansion strategy goes awry leaving them cashless. Sometimes it may pay to be "ungreedy" when others are fearful.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#7 Posted : Thursday, June 24, 2010 6:48:25 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
We will find out Monday... I took a risk. I wonder if it will pay off...

All this construction wherever you look in Nairobi, Thika, Mombasa... surely they can sell tiles???

Also they have some good real estate... I hope the values or rents have increased substantially...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM | Edit by user: Thursday, June 24, 2010 6:49 PM | Reason: Not specified
minto64
#8 Posted : Thursday, June 24, 2010 11:49:32 PM
Rank: Member


Joined: 8/17/2008
Posts: 7
Location: Texas
@ vvs interesting stock pick to speculate on. Didnt think you would invest in them after your blog posts in 2008 and 2009...... no hating its all about "being greedy when others are fearful."

I don't trust Matu just like you don't trust Merali. I hope he proves me wrong.

Actualized my loss in September 09 and have never looked back. This bus has many issues, over the last 3 years esp after their rights issue it keeps breaking down...aka PLush and misconceived investment expansion in their Industrial area plant. May be their divesture into a p.e will reflect some positives on their books. I
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#9 Posted : Friday, June 25, 2010 2:12:20 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
@minto64 - Not one of my finest moments... I just hope I can get out break-even or better... I was being greedy when others were fearful... LOL... Even WB doesn't win every time...

Yes, I hope they have good gains in the Real Estate portfolio... Only redeeming feature!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM | Edit by user: Friday, June 25, 2010 2:13 AM | Reason: Not specified
youcan'tstopusnow
#10 Posted : Wednesday, June 30, 2010 9:04:17 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
We will find out Monday... I took a risk. I wonder if it will pay off...

All this construction wherever you look in Nairobi, Thika, Mombasa... surely they can sell tiles???

Also they have some good real estate... I hope the values or rents have increased substantially...

Did they announce their results already? I didn't see them
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
qw25041985
#11 Posted : Thursday, July 01, 2010 12:46:33 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
This is a junk stock. In stock investmdnt always follow where the big money is goin. And u'll never loose. Not once. I amnt negative but i expect no rally come monday. This stock has returned lightly more than 20 % since jan. 4 a reason........
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#12 Posted : Thursday, July 01, 2010 10:30:52 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
Wow... Over 127,000 shares on bid... kuna kitu hapa... No idea what but this is interesting...

I am going to stay put for now...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Wa_ithaka
#13 Posted : Thursday, July 01, 2010 10:33:17 AM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
June 30th has passed. IS CMA going to tandika Matu's fat backside for not submitting Olympia annual report as per the 4 month legal stipulation?
The Governor of Nyeri - 2017
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#14 Posted : Thursday, July 01, 2010 10:34:51 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
Wa_ithaka wrote:
June 30th has passed. IS CMA going to tandika Matu's fat backside for not submitting Olympia annual report as per the 4 month legal stipulation?


Of course not... they have never done it before have they?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
ProverB
#15 Posted : Thursday, July 01, 2010 1:55:46 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
qw25041985 wrote:
This is a junk stock. In stock investmdnt always follow where the big money is goin. And u'll never loose. Not once. I amnt negative but i expect no rally come monday. This stock has returned lightly more than 20 % since jan. 4 a reason........



@qw..
...actually it's 29.03% between Dec 31st to March 30th... Since April 1st to date it has declined overall by about 5%... any money here was taken in ages ago.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Back to top
WWW
 Report Abusive | Report SPAM | Edit by user: Thursday, July 01, 2010 2:02 PM | Reason: Not specified
qw25041985
#16 Posted : Thursday, July 01, 2010 2:05:33 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
@Provern.I have one question though. Since very many fund managers are rebalancing their portfolios. how can i know where they are investing now.Is there a way i can know where the big money is goin.Coz i tend to follow where the big boys are buying.
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
qw25041985
#17 Posted : Thursday, July 01, 2010 2:07:29 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
@Proverb.I have one question though. Since very many fund managers are rebalancing their portfolios. how can i know where they are investing now.Is there a way i can know where the big money is goin.Coz i tend to follow where the big boys are buying.
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
ProverB
#18 Posted : Thursday, July 01, 2010 2:25:31 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
qw25041985 wrote:
@Proverb.I have one question though. Since very many fund managers are rebalancing their portfolios. how can i know where they are investing now.Is there a way i can know where the big money is goin.Coz i tend to follow where the big boys are buying.



i kinda know where my money is going.smile
if interested in big boys..i guess trend the volumes traded on particular counters..am sure least of qualification for stocks they buy is based on dividend yield above market average...Think

For price tagging..please use stock perfomancetracker on wazua tools on main Investor page... that's where youcan'tstopusnow got his list NSE 2010 1ST HALF PERFORMANCE... http://www.wazua.co.ke/i...tor/performancecalc.aspx
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Back to top
WWW
 Report Abusive | Report SPAM | Edit by user: Thursday, July 01, 2010 2:29 PM | Reason: Not specified
youcan'tstopusnow
#19 Posted : Thursday, July 01, 2010 8:19:41 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
ProverB wrote:
[quote=qw25041985]@Proverb.I have one question though. Since very many fund managers are rebalancing their portfolios. how can i know where they are investing now.Is there a way i can know where the big money is goin.Coz i tend to follow where the big boys are buying.



i kinda know where my money is going.smile
if interested in big boys..i guess trend the volumes traded on particular counters..am sure least of qualification for stocks they buy is based on dividend yield above market average...Think

For price tagging..please use stock perfomancetracker on wazua tools on main Investor page... that's where youcan'tstopusnow got his list NSE 2010 1ST HALF PERFORMANCE... http://www.wazua.co.ke/i...or/performancecalc.aspx[/quote]
ProverB, never even knew there was such a tool on Wazua. Thanks for the heads up.
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#20 Posted : Friday, July 02, 2010 10:37:48 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
Finally Olympia releases results. I didnt get to review them fully but the commentary claims about 36mn 'extra' one-off expenses due to selling off shares on NSE + some write-offs in S.Africa
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
5 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.