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ARM HY2017
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VituVingiSana
#811 Posted : Friday, August 31, 2018 9:27:12 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Pesa Nane wrote:
xxxxx wrote:

Sasa, half year results iko wapi?


Sad Sad Sad Sad Ksh. 2,326,975.00 down the loo!!

Link HERE

The loss was expected. I "wrote down" 6.5bn (see earlier threads) from the NAV as a loss for FY 2018. I did not expect the administration since CDC was planning to invest/loan $50mn.

Anyway, I have fully NPL'd and provided for ARM.
Let's see what they come up with in 18 days though I suspect another extension of the trading suspension.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#812 Posted : Saturday, September 01, 2018 10:34:11 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Damn this thing is worse than I imagined... Wooow
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Ericsson
#813 Posted : Saturday, September 01, 2018 10:40:31 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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xxxxx
#814 Posted : Saturday, September 01, 2018 10:06:08 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?
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obiero
#815 Posted : Saturday, September 01, 2018 10:46:53 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,222
Location: nairobi
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none

KQ ABP 4.26
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xxxxx
#816 Posted : Saturday, September 01, 2018 11:57:29 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none


So, who is running the business? Is it the administrator or the board? And is such a statement sanctioned by CMA?
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Ericsson
#817 Posted : Saturday, September 01, 2018 11:59:04 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none


Giving hope to vvs and Fyatu
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#818 Posted : Sunday, September 02, 2018 6:55:31 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none

Agreed. Joseph and Mikosz are the best at this. The rest e.g. Paunrana should learn from them.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#819 Posted : Sunday, September 02, 2018 3:50:05 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,222
Location: nairobi
VituVingiSana wrote:
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none

Agreed. Joseph and Mikosz are the best at this. The rest e.g. Paunrana should learn from them.

It would be difficult to convince a rational person that nothing good is happening at KQ in regards to the turnaround. ARM on the other hand

KQ ABP 4.26
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sparkly
#820 Posted : Sunday, September 02, 2018 7:46:54 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
xxxxx wrote:
Ericsson wrote:
the deal wrote:
Damn this thing is worse than I imagined... Wooow


Learn to listen 👂 when advised


Did any one see the optimistic statement by the board in today's papers?

I did and would not expect them to say anything else but that.
Leadership is all about giving hope, especially when there is none

Agreed. Joseph and Mikosz are the best at this. The rest e.g. Paunrana should learn from them.

It would be difficult to convince a rational person that nothing good is happening at KQ in regards to the turnaround. ARM on the other hand


Both are monkeys, just accept.
Life is short. Live passionately.
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