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hisah
#61 Posted : Thursday, May 31, 2012 4:41:41 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
If anyone had a look at the bids yesterday & the ridiculous price quotes of less than 10, caution! The same behaviour was spotted on TCL & Britank and Uchumi on relisting. I doubt they can repeat the revenues & profits 2011 incredible run. KE econ is already limping then remove Tz and their revenues are exposed!


If the stock loses 7% today, it'll be sub listing price.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#62 Posted : Thursday, May 31, 2012 6:49:04 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
This BD article is funny. "Longhorn share price surged 43% on its debut on a single trade."
Let's breakdown the ramp hype. How massive was this trade to push the price 43% up? 1000 shares! What a pathetic ramp hype!? And to make it worse, they wrongly state the price closed at 20/-
Does BD have a chief editor?


http://www.businessdaily...4/-/11um7xi/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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  | | Edit by user: Thursday, May 31, 2012 6:50 AM | Reason: Not specified
guru267
#63 Posted : Thursday, May 31, 2012 6:52:34 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
IKE econ is already limping then remove Tz and their revenues are exposed!


How does the performance of the economy affect the number of school children requiring textbooks??

Due to the constant revising of editions The demand for textbooks seems very solid and constant to me..

What is the basis for those arguing that revenues will not be repeated in 2012??
Mark 12:29
Deuteronomy 4:16
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  | | Edit by user: Thursday, May 31, 2012 6:53 AM | Reason: Not specified
VituVingiSana
#64 Posted : Thursday, May 31, 2012 8:07:29 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
[quote=hisah]This BD article is funny. "Longhorn share price surged 43% on its debut on a single trade."
Let's breakdown the ramp hype. How massive was this trade to push the price 43% up? 1000 shares! What a pathetic ramp hype!? And to make it worse, they wrongly state the price closed at 20/-
Does BD have a chief editor?

http://www.businessdaily.../-/11um7xi/-/index.html[/quote]I thought I saw a trade at 15/- for 3,200 shares as well. Would that not decrease the VWAP substantially?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mwekez@ji
#65 Posted : Thursday, May 31, 2012 8:37:47 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
guru267 wrote:
hisah wrote:
IKE econ is already limping then remove Tz and their revenues are exposed!


How does the performance of the economy affect the number of school children requiring textbooks??

Due to the constant revising of editions The demand for textbooks seems very solid and constant to me..

What is the basis for those arguing that revenues will not be repeated in 2012??


85% of their sales comes from primary and secondary school books (page 32 of IM). Government is their single largest buyer (page 27). With economic slowdown, you don’t expect the government and other buyers to go on a books buying spree

… and that bloody Tz shop, its been lossmaking since inception, more than 5years ago!!!
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chiaroscuro
#66 Posted : Thursday, May 31, 2012 8:45:38 AM
Rank: Veteran

Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
VituVingiSana wrote:
How do you delete a post?


Click on "Edit"

Select all [Ctrl=A]

Type: "Deleted"

smile

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chiaroscuro
#67 Posted : Thursday, May 31, 2012 8:51:17 AM
Rank: Veteran

Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
Now that FPE funds have been delayed, how will this affect the finance costs of Longhorn?

The business of school books is very political. Right from getting KIE Approvals to winning contracts to supply GoK institutions.

Then put Nyammo into the mix... all with memories of KFB, and the whole thing becomes too risky.

It will probably go the Olympia way....
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mwekez@ji
#68 Posted : Thursday, May 31, 2012 8:51:51 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Cde Monomotapa wrote:
Political control over FPE funds is coming to a close shortly. Remember that.


... Prof. Samson Kegengo Ongeri (a top 10 shareholder) is now out of Ministry of Education. And with the new government structures being put in place, the value of political cronies connection is diminishing. Eating time for Longhorn is up
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  | | Edit by user: Thursday, May 31, 2012 8:59 AM | Reason: Not specified
VituVingiSana
#69 Posted : Thursday, May 31, 2012 9:29:16 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
chiaroscuro wrote:
VituVingiSana wrote:
How do you delete a post?


Click on "Edit"

Select all [Ctrl=A]

Type: "Deleted"

smile

LOL, I meant as in completely remove it!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#70 Posted : Thursday, May 31, 2012 10:36:06 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
chiaroscuro wrote:
VituVingiSana wrote:
How do you delete a post?


Click on "Edit"

Select all [Ctrl=A]

Type: "Deleted"

smile

LOL, I meant as in completely remove it!

I think Wazua removed that option over a year ago.
GOD BLESS YOUR LIFE
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