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Breaking news: Segman retires from KK!
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mwekez@ji wrote:So the recent high volume at KES 10 was an exit.  ... and notice the KES 3.10 in April 2009! Baying for extreme blood!! That monthly cartoon is as ugly as it gets. And RSI is not yet oversold! Having lost support at 9 level on large volume, 2008 pattern is the likely comparison.
Won't touch this one until the monthly chart resets the strong bear trend even if results come in rosy.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:mwekez@ji wrote:So the recent high volume at KES 10 was an exit. ... and notice the KES 3.10 in April 2009! Baying for extreme blood!! That monthly cartoon is as ugly as it gets. And RSI is not yet oversold! Having lost support at 9 level on large volume, 2008 pattern is the likely comparison.
Won't touch this one until the monthly chart resets the strong bear trend even if results come in rosy. im shell shocked. one reason i like this company is management, im very picky with management. hoping the new management is not bad. the captain is not going down with the ship(seaman)? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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guru267 wrote:@VVS must be really traumatised 
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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mwekez@ji wrote:guru267 wrote:@VVS must be really traumatised  Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Shareholders are moarning too much. 30 mins with market open and there is not a single trade at this counter. ama it has been suspended from trading
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mwekez@ji wrote:Shareholders are moarning too much. 30 mins with market open and there is not a single trade at this counter. ama it has been suspended from trading Mixed feelings...this could be good news "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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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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We have our 1st trade 41 mins into market open. Seller are yet to come in
BIDS 284,500
Quantity Price Splits Time
300 8.90 1 10:11:50
200 8.85 1 10:11:50
100 8.80 1 10:11:50
1,200 8.75 2 10:11:50
67,000 8.70 4 10:11:50
ASKS 41,300
Quantity Price Splits Time
18,000 9.30 1 10:11:50
23,300 9.50 2 10:11:50
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TRADES
Quantity Price Time
1,000 9.30 10:11:49
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#following closely
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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murchr wrote:mwekez@ji wrote:Shareholders are mourning too much. 30 mins with market open and there is not a single trade at this counter. ama it has been suspended from trading Mixed feelings...this could be good news True that ... for me this is good news. with the fatal hedging mistakes segman made, it was important he leaves before killing KeKe. My Perspective.
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Rank: Chief Joined: 1/3/2007 Posts: 18,126 Location: Nairobi
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*In Mourning*Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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mwekez@ji wrote:Shareholders are moarning too much. 30 mins with market open and there is not a single trade at this counter. ama it has been suspended from trading Guys are still investigating and analysing why he left. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mwekez@ji wrote:murchr wrote:mwekez@ji wrote:Shareholders are mourning too much. 30 mins with market open and there is not a single trade at this counter. ama it has been suspended from trading Mixed feelings...this could be good news True that ... for me this is good news. with the fatal hedging mistakes segman made, it was important he leaves before killing KeKe. My Perspective. Behind the scenes he might have also been responsible for killing the Puma deal.. Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Quote:
The new CEO was the General Manager for Kenya and has vast experience in the Kenyan market since 2002 when he joined the company.
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We think the change could be a pointer to a reorganization to pave way for a strategic investor which the company has previously alluded to. The net loss of KES 6.2bn posted for FY12 continues to weigh down negatively on the company particularly on finance costs as the company is EBITDA positive. A cash injection and a proposed asset sale would put the company back on track in its Africa growth.
(SIB)
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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VituVingiSana wrote:*In Mourning* Pole. ... Sasa tupatie maoni yako chief
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Action is now ON
BIDS 328,600
Quantity Price Splits Time
44,300 8.80 4 10:40:14
1,400 8.75 3 10:40:14
67,200 8.70 5 10:40:14
144,300 8.60 10 10:40:14
61,000 8.50 7 10:40:14
ASKS 56,200
Quantity Price Splits Time
14,700 8.85 1 10:40:14
300 9.10 1 10:40:14
17,900 9.30 1 10:40:14
23,300 9.50 2 10:40:14
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TRADES
Quantity Price Time
300,000 8.85 10:40:12
200 8.85 10:40:12
200 8.85 10:40:12
1,300 8.90 10:40:12
1,200 8.90 10:40:12
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Going by the size of exits we are witnessing at this counter lately, ALL these current bids can be taken in a flash. and the "exiters" know that!!
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Rank: Member Joined: 8/5/2009 Posts: 597
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Thank God i jumped ship when the Puma deal was hot yet we didn't have any information of whether it was sweet or bitter. The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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VituVingiSana wrote:*In Mourning* VituChacheSana. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Segmen groomed Ohana to takeover...once he was ready...he retired...hallmark of a great CEO unlike others e.g Equity Bank.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:Segmen groomed Ohana to takeover...once he was ready...he retired...hallmark of a great CEO ... huh, so a great CEO should tender his resignation to the shareholders and leave the same day?
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Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
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I Think Ohana is ready to clean the mess segman has left....I am actually pleased with this retirement/sacking heads had to roll...making such a huge loss and taking a huge chunk of shareholders fund down the drain is not something a good company takes lightly. I am actually wondering what Naikuni is still doing at KQ. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Breaking news: Segman retires from KK!
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