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alustaadh
#1 Posted : Thursday, November 18, 2010 10:59:55 AM
Rank: Member

Joined: 11/6/2010
Posts: 222
Location: NAMANGA
I was expecting olympia to take a beating after the anouncements of very poor results. suprisingly, investors seem to be holding on
It is humiliating to be associated with thieves and murderers.
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Sober
#2 Posted : Thursday, November 18, 2010 11:06:31 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
where are the numbers?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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guru267
#3 Posted : Thursday, November 18, 2010 11:20:51 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
[quote=alustaadh]I was expecting olympia to take a beating after the anouncements of very poor results. suprisingly, investors seem to be holding on [/quote]

Before the results the stock was trading at 10 bob... After the results the stock has fallen more than 35% to 6.7 bob..

I would hardly call this shareholders holding on
Mark 12:29
Deuteronomy 4:16
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mwanahisa
#4 Posted : Thursday, November 18, 2010 11:38:25 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
A while back, I wrote a scathing indictment of Olympia Capital's management.

The company was stinking then and the foul stench has gotten progressively worse.

These guys cannot even report their H1 results on time, among other ills, for crying out loud.

It is running neck and neck with Eveready for the lousiest company of this millenium on the NSE!
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alustaadh
#5 Posted : Thursday, November 18, 2010 4:00:30 PM
Rank: Member

Joined: 11/6/2010
Posts: 222
Location: NAMANGA
[quote=Sober]where are the numbers?[/quote]
check them out on www.nse.co.ke. under the 'anouncements'. tgey have made a 2.8 million shilling loss
It is humiliating to be associated with thieves and murderers.
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alustaadh
#6 Posted : Thursday, November 18, 2010 4:03:07 PM
Rank: Member

Joined: 11/6/2010
Posts: 222
Location: NAMANGA
[quote=guru267][quote=alustaadh]I was expecting olympia to take a beating after the anouncements of very poor results. suprisingly, investors seem to be holding on [/quote]

Before the results the stock was trading at 10 bob... After the results the stock has fallen more than 35% to 6.7 bob..

I would hardly call this shareholders holding on[/quote]
this share left the 10 shilling mark a while ago.infact it rose by a tencent today when the results came out
It is humiliating to be associated with thieves and murderers.
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slykat
#7 Posted : Thursday, November 18, 2010 5:55:54 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
...sicheki..lakini kweli, who writes their reports? Lol!
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VituVingiSana
#8 Posted : Thursday, November 18, 2010 10:32:18 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,410
Location: Nairobi
Seriously, it is time for this matu character to go! Impunity! This jamaa has run the company into the ground! Wasted all the cash raised in 2006 in the Rights Issue!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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sparkly
#9 Posted : Friday, November 19, 2010 6:09:54 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
bure stock. Those still holding on will have an uchumi... But there will be no GOK to save them
Life is short. Live passionately.
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slykat
#10 Posted : Tuesday, January 04, 2011 3:37:43 AM
Rank: Member

Joined: 2/20/2007
Posts: 359
I still have a little cash forgotten in this junk-stock.. (lol, embarrassed for speculating o the pre-WC SA construction boom)..

Did the AGM take place in late Dec and what was decided re divs et al?
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