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East African Cables U Turn...
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VituVingiSana
#21 Posted : Wednesday, February 09, 2011 4:07:30 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@ephy - No, EAC did NOT buy a Zambian Copper Mine [show me the links/info]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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kyt
#22 Posted : Wednesday, February 09, 2011 4:12:52 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
I think TC controlls the prices of this stock. At that level they will dump them to the public. Those who bought will be left hanging and burnt. Buy at your own peril.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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nahdy
#23 Posted : Wednesday, February 09, 2011 4:19:57 PM
Rank: Member

Joined: 6/29/2006
Posts: 184
@all.. please where r the results for EAC ... link please
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xxxxx
#24 Posted : Wednesday, February 09, 2011 5:21:12 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
Will someone please post a link to the results announcement. I've tried the nse website link and it does not work for me.

thanks
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kenmac
#25 Posted : Wednesday, February 09, 2011 5:26:07 PM
Rank: Elder

Joined: 5/26/2009
Posts: 1,793
>> on the fantasy market, one xxxxx climbed 289 points riding on this share
......Ecclesiastes
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youcan'tstopusnow
#26 Posted : Wednesday, February 09, 2011 5:28:07 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
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kenmac
#27 Posted : Wednesday, February 09, 2011 5:28:41 PM
Rank: Elder

Joined: 5/26/2009
Posts: 1,793
xxxxx wrote:
Will someone please post a link to the results announcement. I've tried the nse website link and it does not work for me.

thanks



at least you were smoked out by this...
http://www.reuters.com/a...s-idUSLDE7171X620110208
......Ecclesiastes
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the deal
#28 Posted : Thursday, February 10, 2011 8:23:24 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
East African Cables (CABL.NR: Quote) jumped 24 percent to 20
shillings a share after the cable maker announced it will issue
one bonus share for every four held. [ID: nLDE7181LM]

The firm announced that its 2010 full-year pre-tax profit
had halved to 258.6 million shillings ($3.2 million) after a 203
million shilling charge related to its struggling Tanzanian
unit. [ID: nLDE7171X6 ]

The company had issued a profit warning in July.

"The spike in East African Cables is speculative due to the
bonus issue, but is not sustainable going forward," said Onesmus
Nzioka, an analyst at Sterling Investment Bank.
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mlennyma
#29 Posted : Thursday, February 10, 2011 9:00:03 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
We know its not,thats why we are clever to get out with more than 20% in the pocket...i will not be suprised if it dips today...going forward the company will still grow or even diversify coz its not owned by paupers.
"Don't let the fear of losing be greater than the excitement of winning."
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madebe
#30 Posted : Thursday, February 10, 2011 10:00:01 AM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
anybody with the annual report presentation in serena?
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