Wazua
»
Investor
»
Stocks
»
ARM HY2017
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
|
ARM has reported a loss of 1.4BN compared to 266M for the same period last year Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
Pesa Nane plans to be shilingi when he grows up.
|
|
Rank: Member Joined: 3/20/2008 Posts: 503
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
Hapa nimepatikana In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
Rank: Member Joined: 3/20/2008 Posts: 503
|
Ericsson wrote:ARM has reported a loss of 1.4BN compared to 266M for the same period last year This is serious.... Is there no commentary from management???????? Is it really that bad??? At this rate,we should go buy EAPCC
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Cut the loss. Broken below my sell trigger @18.70 invalidating the trade from the TA perspective.
Fundamentally, the HY results are really terrible. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
terrible results.i thought things will be better after they got the funds from UK firm.It will take long time for this company to pick up. Towards the goal of financial freedom
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
|
Another company going Mumias/uchumi/KQ way. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
I warned you didn't listen! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
You are right. Our economy is dying.. And these companies reporting losses have debt in Kenyan financial institutions.. The NSE cookie will crumble HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Member Joined: 5/8/2007 Posts: 709
|
Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Things look different when you buy with longterm mindset.Your decisions to hold,buy and sell will entirely depend on periodic financial results.As soon as the results are out,get a copy and go through them keenly.Then make a decision.I have done that for the last one year and im really learning alot in a very positive way. Towards the goal of financial freedom
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Falling revenues, increasing costs... This company is headed back to technical insolvency. @Pesa nane pls post the cashflow statement, Asante. Life is short. Live passionately.
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
sparkly wrote:obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Falling revenues, increasing costs... This company is headed back to technical insolvency. @Pesa nane pls post the cashflow statement, Asante. True HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio A hard but good decision considering KQ is now down to 4.50!!! When the firm becomes a bandia firm, cut your losses ASAP. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
sparkly wrote:obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Falling revenues, increasing costs... This company is headed back to technical insolvency. @Pesa nane pls post the cashflow statement, Asante. most obliged. Pesa Nane plans to be shilingi when he grows up.
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Pesa Nane wrote:sparkly wrote:obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Falling revenues, increasing costs... This company is headed back to technical insolvency. @Pesa nane pls post the cashflow statement, Asante. most obliged. Technically insolvent since they only have 100m cash and the short term liabilities exceed short term assets by 5B. Wonder if CDC will advance more monies. Life is short. Live passionately.
|
|
Rank: Veteran Joined: 8/16/2009 Posts: 994
|
Stanbic, among other financial intitutions must be happy to have gotten some form of early repayment. Though Stanbic is still owed at least 1B, the oustanding amount is significantly lower than 3B at end of 2015. Read more here....Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
|
|
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Superb move. Pulling the plug on a loser stock is not easy. That would have been a very tortuous ride down to the current price. The main purpose of the stock market is to make fools of as many people as possible.
|
|
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.
|