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Olympia Capital Holdings FY19
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Pesa Nane
#1 Posted : Wednesday, June 26, 2019 1:10:01 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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Angelica _ann
#2 Posted : Wednesday, June 26, 2019 3:48:39 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
They are so used to losses and expect losses mpaka they start with (loss)/profit. Anyway watching from far/afar. smile
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
#3 Posted : Tuesday, March 03, 2020 2:35:18 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Michael Matu, Olympia Capital CEO & Deputy Chairman, has passed away.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#4 Posted : Tuesday, March 03, 2020 2:37:06 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Ericsson wrote:
Michael Matu, Olympia Capital CEO & Deputy Chairman, has passed away.

VVS one more thug gone d'oh!
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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VituVingiSana
#5 Posted : Tuesday, March 03, 2020 8:18:24 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Angelica _ann wrote:
Ericsson wrote:
Michael Matu, Olympia Capital CEO & Deputy Chairman, has passed away.

VVS one more thug gone d'oh!
Mwizi. Let's call a spade a spade.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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murchr
#6 Posted : Tuesday, March 03, 2020 8:40:31 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
VituVingiSana wrote:
Angelica _ann wrote:
Ericsson wrote:
Michael Matu, Olympia Capital CEO & Deputy Chairman, has passed away.

VVS one more thug gone d'oh!
Mwizi. Let's call a spade a spade.


He concocted a very good story - What was he going to build again in South Africa? Stadiums?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Angelica _ann
#7 Posted : Tuesday, March 03, 2020 9:27:30 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
murchr wrote:
VituVingiSana wrote:
Angelica _ann wrote:
Ericsson wrote:
Michael Matu, Olympia Capital CEO & Deputy Chairman, has passed away.

VVS one more thug gone d'oh!
Mwizi. Let's call a spade a spade.


He concocted a very good story - What was he going to build again in South Africa? Stadiums?


But he never conned me, just call it out. My loss was in ARM Sad Sad Sad
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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VituVingiSana
#8 Posted : Tuesday, March 03, 2020 10:05:36 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Angelica _ann wrote:
murchr wrote:
VituVingiSana wrote:
Angelica _ann wrote:
Ericsson wrote:
Michael Matu, Olympia Capital CEO & Deputy Chairman, has passed away.

VVS one more thug gone d'oh!
Mwizi. Let's call a spade a spade.

He concocted a very good story - What was he going to build again in South Africa? Stadiums?

But he never conned me, just call it out. My loss was in ARM Sad Sad Sad
He made up stories of all sorts. The family borrowed money from OCH and then sold assets to OCH in exchange for the money. Self-dealing. Conflict of Interest. I bailed out years ago. Part of my learning curve. My "conservative" investing is based on such lessons. Good management is important. Even great business with crooks will leave nothing for you.

Sasini - So much land but what is in it for minority shareholders?
OCH
Mumias
Uchumi
KQ

And many, many more.

I got blind-sided by CDC's involvement in ARM but it seems they were also conned by PHP.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#9 Posted : Thursday, March 05, 2020 7:11:11 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
VituVingiSana wrote:
Angelica _ann wrote:
murchr wrote:
VituVingiSana wrote:
Angelica _ann wrote:
Ericsson wrote:
Michael Matu, Olympia Capital CEO & Deputy Chairman, has passed away.

VVS one more thug gone d'oh!
Mwizi. Let's call a spade a spade.

He concocted a very good story - What was he going to build again in South Africa? Stadiums?

But he never conned me, just call it out. My loss was in ARM Sad Sad Sad
He made up stories of all sorts. The family borrowed money from OCH and then sold assets to OCH in exchange for the money. Self-dealing. Conflict of Interest. I bailed out years ago. Part of my learning curve. My "conservative" investing is based on such lessons. Good management is important. Even great business with crooks will leave nothing for you.

Sasini - So much land but what is in it for minority shareholders?
OCH - MM lived the high life on the shareholders' dime; company car, club memberships, hired his girlfriends, etc
Mumias - It was THE sugar brand but Kidero & his minions kula'd
Uchumi - It was THE supermarket but cratered under Kirubi & friends
KQ - The most expensive con job ever in the NSE. $1.2bn+ gone in the wind!

And many, many more.

I got blind-sided by CDC's involvement in ARM but it seems they were also conned by PHP.

Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#10 Posted : Thursday, March 05, 2020 11:52:12 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
White-washing has started
https://www.businessdail...79836-kt63gvz/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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