Wazua
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ARM HY2017
Rank: Elder Joined: 12/7/2012 Posts: 11,935
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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? CDC invests public money & I believe these are a drop in the ocean for them. They will aggregate their investment & have an explanation for both positive & negative investments using global performance. I don't think they are taken to task on a nitty gritty basis. 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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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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Angelica _ann wrote: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? CDC invests public money & I believe these are a drop in the ocean for them. They will aggregate their investment & have an explanation for both positive & negative investments using global performance. I don't think they are taken to task on a nitty gritty basis. The question was whether they were clueless. The answer is yes
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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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On Friday, ARM share was the top gainer, according to research by AIB Capital. It gained by 8.82 per cent to close the week at Sh5.55 before today's suspension. Its share was also third highest mover, managing 556,900 shares in that day's trading where foreigners cashed out Sh672,000, making it among the top five shares with highest foreign sales on Friday.
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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obiero wrote:On Friday, ARM share was the top gainer, according to research by AIB Capital. It gained by 8.82 per cent to close the week at Sh5.55 before today's suspension.
Its share was also third highest mover, managing 556,900 shares in that day's trading where foreigners cashed out Sh672,000, making it among the top five shares with highest foreign sales on Friday. it's very hard to save money in the current economic climate,i feel for those trapped here "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Ericsson wrote:obiero wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Angelica _ann wrote:maka wrote:wukan wrote:maka wrote:Angelica _ann wrote:rwitre wrote:lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming @Obiero is all smiles  For the umpteenth time never ever buy a corporate bond in Kenya... Never... What about safaricom and kengen bonds? ARM was junk bond In the bonds section... I mentioned safaricom and Eabl... When they were doing that bond ARM was a darling you wouldnt have termed it junk then.... Reminds me of Commercial Paper in the 90s  And people are still buying this piece of junk.. Someone is seriously mopping up ARM. Demand was zero yesterday afternoon then someone showed up just before market close and cleaned out all supply from 3.50 to 3.90. Btw I sold at 3.80 yesterday banking 41% profits. The negative media coverage is not good for the rally.  Did you just abandon me? Did you just do an @Obiero on me? Pump and Dump? Not at all @VVS . I belief ARM has good prospects for the medium - long term but will remain volatile in the short term. Hence I took profits hoping to catch it lower later in the 2.00 - 2.50 range. I might be wrong however. It might zoom and hit 6.00 in which case I will just watch as you enjoy your profits. I hope I did my "homework" well. Whereas, I am looking at it a long-term investment, I am not confident enough to make it a core investment. Yet. There's a lot of noise but it seems CDC is going to help ARM on the Working Capital issue. I think the 1H (loss expected) results may take 2 months to release but it should provide more info. Ultimately, it seems the salvation may be a Strategic Investor coming into ARM by injecting cash and liaising with CDC to control and manage the firm by replacing the Paunrana family. If and when suspension is lifted, it will surely hit sub 2.50. Will be waiting for a second bite then. You need not prayers, but baptism. This 7 day theory is implausible. The ARM share will remain in suspension ad infimum, similar to what happened with Uchumi Obiero the mortician is waiting to perform the final rites. Pole vvs and fyatu Seven good morbided days. NSE order stream for ARM short-circuited and will be going through maintenance. Kindly, next time, take caution to be orderly in ordering your oddly orders and with sobbered minds, and not like someone freeing from hell 🔥, 🤔. Thus NSE for u😂😂😂😂, only a dimwit will not have gotten wind and exercised caution while dealing with AIM. Those who have joined our partners in crime @xxx et Al in chilling with a cold tusker, may you drop your #tags. Nah, this kokoto thing will break my pocket. Pliz governors do not catch @sonkos sneeze and cause mayhem in our world. Tonight, I sleep pretty. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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muandiwambeu wrote:Ericsson wrote:obiero wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Angelica _ann wrote:maka wrote:wukan wrote:maka wrote:Angelica _ann wrote:rwitre wrote:lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming @Obiero is all smiles For the umpteenth time never ever buy a corporate bond in Kenya... Never... What about safaricom and kengen bonds? ARM was junk bond In the bonds section... I mentioned safaricom and Eabl... When they were doing that bond ARM was a darling you wouldnt have termed it junk then.... Reminds me of Commercial Paper in the 90s And people are still buying this piece of junk.. Someone is seriously mopping up ARM. Demand was zero yesterday afternoon then someone showed up just before market close and cleaned out all supply from 3.50 to 3.90. Btw I sold at 3.80 yesterday banking 41% profits. The negative media coverage is not good for the rally. Did you just abandon me? Did you just do an @Obiero on me? Pump and Dump? Not at all @VVS . I belief ARM has good prospects for the medium - long term but will remain volatile in the short term. Hence I took profits hoping to catch it lower later in the 2.00 - 2.50 range. I might be wrong however. It might zoom and hit 6.00 in which case I will just watch as you enjoy your profits. I hope I did my "homework" well. Whereas, I am looking at it a long-term investment, I am not confident enough to make it a core investment. Yet. There's a lot of noise but it seems CDC is going to help ARM on the Working Capital issue. I think the 1H (loss expected) results may take 2 months to release but it should provide more info. Ultimately, it seems the salvation may be a Strategic Investor coming into ARM by injecting cash and liaising with CDC to control and manage the firm by replacing the Paunrana family. If and when suspension is lifted, it will surely hit sub 2.50. Will be waiting for a second bite then. You need not prayers, but baptism. This 7 day theory is implausible. The ARM share will remain in suspension ad infimum, similar to what happened with Uchumi Obiero the mortician is waiting to perform the final rites. Pole vvs and fyatu Seven good morbided days. NSE order stream for ARM short-circuited and will be going through maintenance. Kindly, next time, take caution to be orderly in ordering your oddly orders and with sobbered minds, and not like someone freeing from hell 🔥, 🤔. Thus NSE for u😂😂😂😂, only a dimwit will not have gotten wind and exercised caution while dealing with AIM. Those who have joined our partners in crime @xxx et Al in chilling with a cold tusker, may you drop your #tags. Nah, this kokoto thing will break my pocket. Pliz governors do not catch @sonkos sneeze and cause mayhem in our world. Tonight, I sleep pretty. Today I almost understood what you wrote. All the way to kokoto. Then you lost me
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Rank: Member Joined: 3/20/2008 Posts: 503
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obiero wrote:muandiwambeu wrote:Ericsson wrote:obiero wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Angelica _ann wrote:maka wrote:wukan wrote:maka wrote:Angelica _ann wrote:rwitre wrote:lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming @Obiero is all smiles For the umpteenth time never ever buy a corporate bond in Kenya... Never... What about safaricom and kengen bonds? ARM was junk bond In the bonds section... I mentioned safaricom and Eabl... When they were doing that bond ARM was a darling you wouldnt have termed it junk then.... Reminds me of Commercial Paper in the 90s And people are still buying this piece of junk.. Someone is seriously mopping up ARM. Demand was zero yesterday afternoon then someone showed up just before market close and cleaned out all supply from 3.50 to 3.90. Btw I sold at 3.80 yesterday banking 41% profits. The negative media coverage is not good for the rally. Did you just abandon me? Did you just do an @Obiero on me? Pump and Dump? Not at all @VVS . I belief ARM has good prospects for the medium - long term but will remain volatile in the short term. Hence I took profits hoping to catch it lower later in the 2.00 - 2.50 range. I might be wrong however. It might zoom and hit 6.00 in which case I will just watch as you enjoy your profits. I hope I did my "homework" well. Whereas, I am looking at it a long-term investment, I am not confident enough to make it a core investment. Yet. There's a lot of noise but it seems CDC is going to help ARM on the Working Capital issue. I think the 1H (loss expected) results may take 2 months to release but it should provide more info. Ultimately, it seems the salvation may be a Strategic Investor coming into ARM by injecting cash and liaising with CDC to control and manage the firm by replacing the Paunrana family. If and when suspension is lifted, it will surely hit sub 2.50. Will be waiting for a second bite then. You need not prayers, but baptism. This 7 day theory is implausible. The ARM share will remain in suspension ad infimum, similar to what happened with Uchumi Obiero the mortician is waiting to perform the final rites. Pole vvs and fyatu Seven good morbided days. NSE order stream for ARM short-circuited and will be going through maintenance. Kindly, next time, take caution to be orderly in ordering your oddly orders and with sobbered minds, and not like someone freeing from hell 🔥, 🤔. Thus NSE for u😂😂😂😂, only a dimwit will not have gotten wind and exercised caution while dealing with AIM. Those who have joined our partners in crime @xxx et Al in chilling with a cold tusker, may you drop your #tags. Nah, this kokoto thing will break my pocket. Pliz governors do not catch @sonkos sneeze and cause mayhem in our world. Tonight, I sleep pretty. Today I almost understood what you wrote. All the way to kokoto. Then you lost me Same here  @ARMCEMENT will make me so much money. I don't believe CDC would stack the board and management with its people only to retreat becoz of some silly bank chasing repayment of a few million or even billion KES
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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The rumors you have heard about my death have been greatly exaggerated .....Mark Twain Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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In the meantime i am managing my blood sugar pole pole from whence i am perched. In case you have not heard/read about what H.E. Magufuli government has decreed please read here LINKI am still bullish about cement business/ARM. It is naive to think that people make money out of investments in a fortnight/2 years/5 years etc. Let the price drop to 2 bob and i will mop more. Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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xxxxx wrote:obiero wrote:muandiwambeu wrote:Ericsson wrote:obiero wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Angelica _ann wrote:maka wrote:wukan wrote:maka wrote:Angelica _ann wrote:rwitre wrote:lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming @Obiero is all smiles For the umpteenth time never ever buy a corporate bond in Kenya... Never... What about safaricom and kengen bonds? ARM was junk bond In the bonds section... I mentioned safaricom and Eabl... When they were doing that bond ARM was a darling you wouldnt have termed it junk then.... Reminds me of Commercial Paper in the 90s And people are still buying this piece of junk.. Someone is seriously mopping up ARM. Demand was zero yesterday afternoon then someone showed up just before market close and cleaned out all supply from 3.50 to 3.90. Btw I sold at 3.80 yesterday banking 41% profits. The negative media coverage is not good for the rally. Did you just abandon me? Did you just do an @Obiero on me? Pump and Dump? Not at all @VVS . I belief ARM has good prospects for the medium - long term but will remain volatile in the short term. Hence I took profits hoping to catch it lower later in the 2.00 - 2.50 range. I might be wrong however. It might zoom and hit 6.00 in which case I will just watch as you enjoy your profits. I hope I did my "homework" well. Whereas, I am looking at it a long-term investment, I am not confident enough to make it a core investment. Yet. There's a lot of noise but it seems CDC is going to help ARM on the Working Capital issue. I think the 1H (loss expected) results may take 2 months to release but it should provide more info. Ultimately, it seems the salvation may be a Strategic Investor coming into ARM by injecting cash and liaising with CDC to control and manage the firm by replacing the Paunrana family. If and when suspension is lifted, it will surely hit sub 2.50. Will be waiting for a second bite then. You need not prayers, but baptism. This 7 day theory is implausible. The ARM share will remain in suspension ad infimum, similar to what happened with Uchumi Obiero the mortician is waiting to perform the final rites. Pole vvs and fyatu Seven good morbided days. NSE order stream for ARM short-circuited and will be going through maintenance. Kindly, next time, take caution to be orderly in ordering your oddly orders and with sobbered minds, and not like someone freeing from hell 🔥, 🤔. Thus NSE for u😂😂😂😂, only a dimwit will not have gotten wind and exercised caution while dealing with AIM. Those who have joined our partners in crime @xxx et Al in chilling with a cold tusker, may you drop your #tags. Nah, this kokoto thing will break my pocket. Pliz governors do not catch @sonkos sneeze and cause mayhem in our world. Tonight, I sleep pretty. Today I almost understood what you wrote. All the way to kokoto. Then you lost me Same here @ARMCEMENT will make me so much money. I don't believe CDC would stack the board and management with its people only to retreat becoz of some silly bank chasing repayment of a few million or even billion KES @xxxxx focus. No company is too big to fail. Remember Enron and WorldCom Life is short. Live passionately.
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