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VituVingiSana		#721 Posted : Monday, August 20, 2018 1:59:07 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		Horton wrote: VituVingiSana wrote: Spikes wrote: This stock has forced some Wazuans to disappear from the forum just like @hisah's early frustration of massive capitulation from 20s to 2bob... @vvs and @fyatu have followed suit. Meanwhile, does it mean after 7days the stock will be livestream on the exchange ? Nipo I don't live on Wazua. Only 7 days trading suspension. It may be extended. In the meantime, we will hear more from the Board and Banks. Meanwhile on the Kenya economy watch VVS companies in the news again. Jes FYI Name names Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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lochaz-index		#722 Posted : Monday, August 20, 2018 3:39:55 PM
Rank: Veteran Joined: 9/18/2014 Posts: 1,127		What is the purpose of suspending the share for only 7 working days? What do they aim to unearth or do in such a short span of time? Shouldn't it follow the uchumi way back in 2006? If so this will be a long stay for all those inside. I maintain that I'm yet to see a share on the NSE sink so fast...from being one of the darlings of the bourse to flirting with liquidation. I don't think paunrana exited the stage without his pound(s) of flesh, so what might be left is a shell of company more so if you consider the less than forthright books of accounts. The main purpose of the stock market is to make fools of as many people as possible.
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murchr		#723 Posted : Monday, August 20, 2018 4:26:49 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		lochaz-index wrote: What is the purpose of suspending the share for only 7 working days? What do they aim to unearth or do in such a short span of time? Shouldn't it follow the uchumi way back in 2006? If so this will be a long stay for all those inside. I maintain that I'm yet to see a share on the NSE sink so fast...from being one of the darlings of the bourse to flirting with liquidation. I don't think paunrana exited the stage without his pound(s) of flesh, so what might be left is a shell of company more so if you consider the less than forthright books of accounts. I think so too. Common phenomenon with business men coming from the 44th tribe. Really, how bad was the decision to go to Tz? Some fish smells big here "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		#724 Posted : Monday, August 20, 2018 4:34:53 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		murchr wrote: lochaz-index wrote: What is the purpose of suspending the share for only 7 working days? What do they aim to unearth or do in such a short span of time? Shouldn't it follow the uchumi way back in 2006? If so this will be a long stay for all those inside. I maintain that I'm yet to see a share on the NSE sink so fast...from being one of the darlings of the bourse to flirting with liquidation. I don't think paunrana exited the stage without his pound(s) of flesh, so what might be left is a shell of company more so if you consider the less than forthright books of accounts. I think so too. Common phenomenon with business men coming from the 44th tribe. Really, how bad was the decision to go to Tz? Some fish smells big here Sale of that fertilizer unit also looked very fishy deal. 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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Swenani		#725 Posted : Monday, August 20, 2018 4:59:05 PM
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum		Horton wrote: VituVingiSana wrote: Spikes wrote: This stock has forced some Wazuans to disappear from the forum just like @hisah's early frustration of massive capitulation from 20s to 2bob... @vvs and @fyatu have followed suit. Meanwhile, does it mean after 7days the stock will be livestream on the exchange ? Nipo I don't live on Wazua. Only 7 days trading suspension. It may be extended. In the meantime, we will hear more from the Board and Banks. Meanwhile on the Kenya economy watch VVS companies in the news again. Jes FYI I wonder when Obiero is investing in ARM considering he is the master of maximizing losses and minimizijng gains If Obiero did it, Who Am I?
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VituVingiSana		#726 Posted : Monday, August 20, 2018 4:59:17 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		murchr wrote: lochaz-index wrote: What is the purpose of suspending the share for only 7 working days? What do they aim to unearth or do in such a short span of time? Shouldn't it follow the uchumi way back in 2006? If so this will be a long stay for all those inside. I maintain that I'm yet to see a share on the NSE sink so fast...from being one of the darlings of the bourse to flirting with liquidation. I don't think paunrana exited the stage without his pound(s) of flesh, so what might be left is a shell of company more so if you consider the less than forthright books of accounts. I think so too. Common phenomenon with business men coming from the 44th tribe. Really, how bad was the decision to go to Tz? Some fish smells big here My worst losses have been: KQ - under Naikuni and Mbugua [Both had zero-neglible shares in KQ and "retired" wealthy. I hope MJ and SM can lead turn it around] Olympia - Matu [Still screwing shareholders] Kenya Finance Bank - Nyammo (& friends) ADSS - Deacons - Wahome [Not many shares but huge % loss] KCB - Kaminchia and Bii [then Gareth, Davidson and MOO were recruited who resuscitated it] KK - Segman [A roller coaster. Good recovery under Ohana] ARM - Paunrana [Though this was a recent purchase while he was on his way out] I had zero-neglible shares when these firms had a severe downturn: Uchumi - Kirubi (& cronies/appointees) Transcentury - Kiuna Home Afrika - Nganga Mumias - Kidero and Kibati Britam - Wairegi Eveready - Merali Sameer - Merali HF - Ireri NBK - KPLC - Gichuru + Njoroge + Chumo [I finally sold out as I started dumping GoK firms] EAPCC - [Naikuni is a director! ] I have no idea which tribe is represented above Best returns: KK - Segman [but then it went downhill] and Ohana Unga - Hutchinson [though I expect better!] I&M (via City Trust) - Shah [a multi-bagger though it has lagged since 2016] Equity - Mwangi Centum - Mworia [though it has retraced recently] Jubilee - Juma [I regret selling the bulk of my shares] Access - Somen [bought at the IPO, sold when the price jumped, bought again when the price fell huge, sold at +50% during the takeover] Safaricom - Collymore [I didn't buy more except for the IPO until BC became the CEO] DTB - Devji Crown - Rao [but too few shares to be meaningful] ScanGroup - Thakrar [Bought at the IPO and sold out] I have no idea which tribe is represented above Breakeven: NIC - Macharia [the huge 7bn+ NPL hobbled NIC's growth trajectory. This came to light after Macharia left. I remain a shareholder.] KenRe - Mwarania [though it has retraced in 2018] Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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VituVingiSana		#727 Posted : Monday, August 20, 2018 5:00:58 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		Angelica _ann wrote: murchr wrote: lochaz-index wrote: What is the purpose of suspending the share for only 7 working days? What do they aim to unearth or do in such a short span of time? Shouldn't it follow the uchumi way back in 2006? If so this will be a long stay for all those inside. I maintain that I'm yet to see a share on the NSE sink so fast...from being one of the darlings of the bourse to flirting with liquidation. I don't think paunrana exited the stage without his pound(s) of flesh, so what might be left is a shell of company more so if you consider the less than forthright books of accounts. I think so too. Common phenomenon with business men coming from the 44th tribe. Really, how bad was the decision to go to Tz? Some fish smells big here Sale of that fertilizer unit also looked very fishy deal. Is CDC completely clueless? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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obiero		#728 Posted : Monday, August 20, 2018 5:50:42 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi		Swenani wrote: Horton wrote: VituVingiSana wrote: Spikes wrote: This stock has forced some Wazuans to disappear from the forum just like @hisah's early frustration of massive capitulation from 20s to 2bob... @vvs and @fyatu have followed suit. Meanwhile, does it mean after 7days the stock will be livestream on the exchange ? Nipo I don't live on Wazua. Only 7 days trading suspension. It may be extended. In the meantime, we will hear more from the Board and Banks. Meanwhile on the Kenya economy watch VVS companies in the news again. Jes FYI I wonder when Obiero is investing in ARM considering he is the master of maximizing losses and minimizijng gains
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obiero		#729 Posted : Monday, August 20, 2018 5:52:32 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi		Swenani wrote: Horton wrote: VituVingiSana wrote: Spikes wrote: This stock has forced some Wazuans to disappear from the forum just like @hisah's early frustration of massive capitulation from 20s to 2bob... @vvs and @fyatu have followed suit. Meanwhile, does it mean after 7days the stock will be livestream on the exchange ? Nipo I don't live on Wazua. Only 7 days trading suspension. It may be extended. In the meantime, we will hear more from the Board and Banks. Meanwhile on the Kenya economy watch VVS companies in the news again. Jes FYI I wonder when Obiero is investing in ARM considering he is the master of maximizing losses and minimizijng gains Hehe. Tripe!
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obiero		#730 Posted : Monday, August 20, 2018 6:43:38 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi		VituVingiSana wrote: Angelica _ann wrote: murchr wrote: lochaz-index wrote: What is the purpose of suspending the share for only 7 working days? What do they aim to unearth or do in such a short span of time? Shouldn't it follow the uchumi way back in 2006? If so this will be a long stay for all those inside. I maintain that I'm yet to see a share on the NSE sink so fast...from being one of the darlings of the bourse to flirting with liquidation. I don't think paunrana exited the stage without his pound(s) of flesh, so what might be left is a shell of company more so if you consider the less than forthright books of accounts. I think so too. Common phenomenon with business men coming from the 44th tribe. Really, how bad was the decision to go to Tz? Some fish smells big here Sale of that fertilizer unit also looked very fishy deal. Is CDC completely clueless? The 7 day suspension if enforced would actually be worse than if it had been left to the gods today to decide the way forward for ARM shares. Panic will truly set in as all will be ready for the exit door. A tsunami avalanche tornado kind of exit. Never ignore the exchange bar
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