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VituVingiSana
#31
Posted :
Saturday, February 26, 2011 2:58:27 PM
Rank: Chief
Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
ProverB wrote:
2012 wrote:
VituVingiSana wrote:
Wow, there were trades at 10.30 leo...
And this was less than one year ago. Lost more than 50% but today it's up 10%. So any leakage
Dude...
how much is 10% of 5Bob
? u do realise that at 5bob u can hardly make a transaction on such a counter..illiquid..minimal trade lots with a multiple below
50 CENTS
unlike eveready/safcom?
At this point it trades at less than NAV. Not that buying at 10/- was a smart decision!
Greedy when others are fearful. Very fearful when others are greedy
-
to paraphrase Warren Buffett
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jerry
#32
Posted :
Saturday, February 26, 2011 5:24:56 PM
Rank: Elder
Joined: 9/29/2006
Posts: 2,570
@vvs; If it is trading below NAV, I think it should be de-listed. However, it's a case study for MBA!
The opposite of courage is not cowardice, it's conformity.
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VituVingiSana
#33
Posted :
Saturday, February 26, 2011 8:07:28 PM
Rank: Chief
Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
jerry wrote:
@vvs; If it is trading below NAV, I think it should be de-listed. However, it's a case study for MBA!
Why delist?
KQ trades below NAV. As do probably a host of firms including Kakuzi.
Greedy when others are fearful. Very fearful when others are greedy
-
to paraphrase Warren Buffett
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Sober
#34
Posted :
Saturday, February 26, 2011 8:43:34 PM
Rank: Elder
Joined: 11/27/2007
Posts: 3,604
I an getting interested in this counter as the price continues to fall. how far is it going to drop? i bet 4.50 is a good speculation price to jump in. it goes back to 6bob and i have made my 50% Profit. the only huddle will be the small volumes that may not warrant such a move.
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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