ARM HY2017 - Page 89 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » ARM HY2017

ARM HY2017

Options

Previous Topic · Next Topic

Fyatu		#881 Posted : Tuesday, October 23, 2018 4:34:48 PM
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru		Have the 21 days extension not elapsed? Dumb money becomes dumb only when it listens to smart money
Back to top		\|
User Profile

xxxxx		#882 Posted : Tuesday, October 23, 2018 4:37:02 PM
Rank: Member Joined: 3/20/2008 Posts: 503		Fyatu wrote: Have the 21 days extension not elapsed? Friday 27th
Back to top		\|
User Profile

littledove		#883 Posted : Tuesday, October 23, 2018 6:25:19 PM
Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky		xxxxx wrote: Fyatu wrote: Have the 21 days extension not elapsed? Friday 27th 27th October is on Saturday, means likely to resume on Monday 29 There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Back to top		WWW \|
User Profile

Angelica _ann		#884 Posted : Tuesday, October 23, 2018 6:27:37 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		littledove wrote: xxxxx wrote: Fyatu wrote: Have the 21 days extension not elapsed? Friday 27th 27th October is on Saturday, means likely to resume on Monday 29 Incompetent CMA, wait for extension. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top		\|
User Profile

VituVingiSana		#885 Posted : Thursday, October 25, 2018 7:39:55 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		Apparently, the "administrators" have the go-ahead to find a strategic investor or sell the assets. This will be interesting. If ARM is sold soon as a going concern there may be a possibility of writing back some portion of the NPL but only if they move very, very fast! https://www.businessdail...19302-kv1p0x/index.html Creditors of ARM Cement on Tuesday voted to give the company’s administrators PricewaterhouseCoopers (PwC) up to September 2019 to implement several options of resolving its debt including selling assets and disposing of the entire company. “We are looking at various options including getting strategic investors, selling assets and the whole company.” BUT I will not hold my breath on this since I am busy waiting for Rubis to send me my chq! In the meantime, ARM remains in my NPA column as a fully provided for investment. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\| \| Edit by user: Thursday, October 25, 2018 7:42 PM \| Reason: Not specified
User Profile

obiero		#886 Posted : Thursday, October 25, 2018 8:01:52 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,221 Location: nairobi		VituVingiSana wrote: Apparently, the "administrators" have the go-ahead to find a strategic investor or sell the assets. This will be interesting. If ARM is sold soon as a going concern there may be a possibility of writing back some portion of the NPL but only if they move very, very fast! https://www.businessdail...19302-kv1p0x/index.html Creditors of ARM Cement on Tuesday voted to give the company’s administrators PricewaterhouseCoopers (PwC) up to September 2019 to implement several options of resolving its debt including selling assets and disposing of the entire company. “We are looking at various options including getting strategic investors, selling assets and the whole company.” BUT I will not hold my breath on this since I am busy waiting for Rubis to send me my chq! In the meantime, ARM remains in my NPA column as a fully provided for investment. Hahaha. Even me I have taken your strategy and fully "provided" for KQ.. Whatever that means KQ ABP 4.26
Back to top		WWW \|
User Profile

xxxxx		#887 Posted : Thursday, October 25, 2018 9:16:45 PM
Rank: Member Joined: 3/20/2008 Posts: 503		obiero wrote: VituVingiSana wrote: Apparently, the "administrators" have the go-ahead to find a strategic investor or sell the assets. This will be interesting. If ARM is sold soon as a going concern there may be a possibility of writing back some portion of the NPL but only if they move very, very fast! https://www.businessdail...19302-kv1p0x/index.html Creditors of ARM Cement on Tuesday voted to give the company’s administrators PricewaterhouseCoopers (PwC) up to September 2019 to implement several options of resolving its debt including selling assets and disposing of the entire company. “We are looking at various options including getting strategic investors, selling assets and the whole company.” BUT I will not hold my breath on this since I am busy waiting for Rubis to send me my chq! In the meantime, ARM remains in my NPA column as a fully provided for investment. Hahaha. Even me I have taken your strategy and fully "provided" for KQ.. Whatever that means
Back to top		\|
User Profile

rwitre		#888 Posted : Thursday, October 25, 2018 10:26:30 PM
Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi		sparkly wrote: littledove wrote: https://af.reuters.com/article/investingNews/idAFKCN1MW1KK-OZABS The level of leverage is significant so what we are seeking to do is to get approval to run a transaction process, aimed at disposing a subsidiary or certain assets to bring cash to reduce the debt,” Weru said. “In the meantime we recommend that operations are continued and therefore we are also seeking permission to engage financiers for capital.” Exactly what Paunrana was working on. Consultants are paid millions to tell the world the obvious. Tomorrow's paper: PwC chiefs earn Sh43,000 an hour for troubled ARM job. Get a copy of Friday's @BD_Africa
Back to top		WWW \|
User Profile

muandiwambeu		#889 Posted : Friday, October 26, 2018 1:41:56 AM
Rank: Veteran Joined: 8/28/2015 Posts: 1,247		rwitre wrote: sparkly wrote: littledove wrote: https://af.reuters.com/article/investingNews/idAFKCN1MW1KK-OZABS The level of leverage is significant so what we are seeking to do is to get approval to run a transaction process, aimed at disposing a subsidiary or certain assets to bring cash to reduce the debt,” Weru said. “In the meantime we recommend that operations are continued and therefore we are also seeking permission to engage financiers for capital.” Exactly what Paunrana was working on. Consultants are paid millions to tell the world the obvious. Tomorrow's paper: PwC chiefs earn Sh43,000 an hour for troubled ARM job. Get a copy of Friday's @BD_Africa That one will be an interesting read for @xxxx and vvs. Phew!¡ ,Behold, a sower went forth to sow;....
Back to top		\|
User Profile

VituVingiSana		#890 Posted : Friday, October 26, 2018 1:54:12 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		ARM creditors' Sh3.1bn underwater, says PwC https://www.businessdail...22774-4suqqz/index.html Not one of my best investing decisions but like Warren Buffett says: You can't hit every ball out of the park The good thing for my portfolio is that the "Core Holdings" have more than covered my embarrassing losses! Lesson learnt Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\| \| Edit by user: Friday, October 26, 2018 2:19 AM \| Reason: Not specified
User Profile

104 Pages«<8788899091>»

Wazua » Investor » Stocks » ARM HY2017

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded