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NMG FY 2018 and Beyond
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Sufficiently Philanga....thropic
#141 Posted : Friday, August 07, 2020 11:52:46 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli

Will there be a floor on this oned'oh!
@SufficientlyP
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Angelica _ann
#142 Posted : Friday, August 07, 2020 12:19:28 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Sufficiently Philanga....thropic wrote:

Will there be a floor on this oned'oh!


Laughing out loudly Laughing out loudly Laughing out loudly around 7 Bob.

BAT, EABL and Stanchart should do this, at least to 80 Bob range Drool
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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Sufficiently Philanga....thropic
#143 Posted : Friday, August 07, 2020 12:35:16 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Angelica _ann wrote:
Sufficiently Philanga....thropic wrote:

Will there be a floor on this oned'oh!


Laughing out loudly Laughing out loudly Laughing out loudly around 7 Bob.

BAT, EABL and Stanchart should do this, at least to 80 Bob range Drool


Please wake me up when you see volumes of above 10 million in NMG. This should signal the much awaited bottom. Hopefully it can do a KQ afterwards......from 0.82 to 3.96Drool Drool Drool
@SufficientlyP
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2012
#144 Posted : Saturday, August 08, 2020 8:43:10 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Never thought I'd see the day Standard Group is worth more than NMG (Cap.)

BBI will solve it :)
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Queen
#145 Posted : Saturday, August 08, 2020 8:58:55 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
Sufficiently Philanga....thropic wrote:

The capital erosion here is mind boggling.
Never seen a stock nosedive at such an alarming rate.
bids now at 8.50Pray Pray Pray


.....and to imagine that this stock was once referred to as a blue-chip, unbelievable.
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Ericsson
#146 Posted : Sunday, August 09, 2020 8:12:48 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Queen wrote:
Sufficiently Philanga....thropic wrote:

The capital erosion here is mind boggling.
Never seen a stock nosedive at such an alarming rate.
bids now at 8.50Pray Pray Pray


.....and to imagine that this stock was once referred to as a blue-chip, unbelievable.


It's still a constituent of the NSE 20 share index
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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sparkly
#147 Posted : Sunday, August 09, 2020 5:21:01 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
Queen wrote:
Sufficiently Philanga....thropic wrote:

The capital erosion here is mind boggling.
Never seen a stock nosedive at such an alarming rate.
bids now at 8.50Pray Pray Pray


.....and to imagine that this stock was once referred to as a blue-chip, unbelievable.


It's still a constituent of the NSE 20 share index


Standard Group Market Cap 2.04B, NMG Market Cap 1.70B.
Life is short. Live passionately.
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Ericsson
#148 Posted : Sunday, August 09, 2020 8:55:31 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
sparkly wrote:
Ericsson wrote:
Queen wrote:
Sufficiently Philanga....thropic wrote:

The capital erosion here is mind boggling.
Never seen a stock nosedive at such an alarming rate.
bids now at 8.50Pray Pray Pray


.....and to imagine that this stock was once referred to as a blue-chip, unbelievable.


It's still a constituent of the NSE 20 share index


Standard Group Market Cap 2.04B, NMG Market Cap 1.70B.


Standard group issued shares is 81.7mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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WWW
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sparkly
#149 Posted : Sunday, August 09, 2020 9:07:56 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
sparkly wrote:
Ericsson wrote:
Queen wrote:
Sufficiently Philanga....thropic wrote:

The capital erosion here is mind boggling.
Never seen a stock nosedive at such an alarming rate.
bids now at 8.50Pray Pray Pray


.....and to imagine that this stock was once referred to as a blue-chip, unbelievable.


It's still a constituent of the NSE 20 share index


Standard Group Market Cap 2.04B, NMG Market Cap 1.70B.


Standard group issued shares is 81.7mn


81.7 mn × 24 = 2.04B
Life is short. Live passionately.
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Ebenyo
#150 Posted : Sunday, August 09, 2020 9:53:29 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
sparkly wrote:
Ericsson wrote:
[quote=sparkly][quote=Ericsson][quote=Queen][quote=Sufficiently Philanga....thropic]
The capital erosion here is mind boggling.
Never seen a stock nosedive at such an alarming rate.
bids now at 8.50Pray Pray Pray


.....and to imagine that this stock was once referred to as a blue-chip, unbelievable.



I have seen fire here.From an ABP of 110 I have tried to average down slowly and now I'm at 58.Will try to average further with intention to exit.
Towards the goal of financial freedom
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