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Wendz
#11 Posted : Wednesday, March 30, 2011 4:59:41 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Muthawamunene wrote:
But there is a light at the end of the tunnel. Watch this space in a couple of weeks ama tell you how acck will pull off a profit for 2011, the other years i dunno.

Hint: Notice how they managed to cut their staff costs by 50% From 1B to 0.5B. And no i dnt have any acck in my books.


What are you seeing that am not? i need to know... because, clearly, this thing seems like it's feeding through an IV line... How sustainable is a share where the company results to cutting costs to beef up its profits instead of creating new business? I think these guys are relying on LUCK rather than having a strategy and innovation to move this company... may be time they injected completely new blood at the top!
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  | | Edit by user: Thursday, March 31, 2011 8:43 AM | Reason: Not specified
the deal
#12 Posted : Wednesday, March 30, 2011 6:54:26 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Cutting costs you mean a Somen will be serving me when i visit their Offices?...LMAO...with the declining turnover i repeat myself once again the competition i.e Sufferingcom will show them dust.
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  | | Edit by user: Wednesday, March 30, 2011 7:10 PM | Reason: Not specified
mlennyma
#13 Posted : Wednesday, March 30, 2011 7:22:34 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Never be cheated that the bottom of a stock is known....just guess work.
"Don't let the fear of losing be greater than the excitement of winning."
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erifloss
#14 Posted : Wednesday, March 30, 2011 7:54:42 PM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
A good speculative play. They have 2 options either go the Jamii way or KDN, partner with a telco & sell bandwith wholesale or be bought by a 'strategic investor'
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Djinn
#15 Posted : Thursday, March 31, 2011 7:20:32 PM
Rank: Elder

Joined: 11/13/2008
Posts: 1,565
Wendz wrote:
Muthawamunene wrote:
But there is a light at the end of the tunnel. Watch this space in a couple of weeks ama tell you how acck will pull off a profit for 2011, the other years i dunno.

Hint: Notice how they managed to cut their staff costs by 50% From 1B to 0.5B. And no i dnt have any acck in my books.


What are you seeing that am not? i need to know... because, clearly, this thing seems like it's feeding through an IV line... How sustainable is a share where the company results to cutting costs to beef up its profits instead of creating new business? I think these guys are relying on LUCK rather than having a strategy and innovation to move this company... may be time they injected completely new blood at the top!


@Wendz - Applause True - we do not make our blanket longer by cutting from the top to add to the bottom....
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mlennyma
#16 Posted : Friday, April 01, 2011 8:35:39 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The demand was more than supply jana and the panic sellers are quickly getting finished...there was no new lows so i didnt pile more.this is where i will make my next million.
"Don't let the fear of losing be greater than the excitement of winning."
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KulaRaha
#17 Posted : Friday, April 01, 2011 8:45:31 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
And in today's Biz Daily the director says their strategy is sound!
Business opportunities are like buses,there's always another one coming
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2012
#18 Posted : Friday, April 01, 2011 11:36:43 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
KulaRaha wrote:
And in today's Biz Daily the director says their strategy is sound!


It's not like we expected him to state otherwise. I'm sure given the same opportunity the Uchumi MD at the hour of collapse would have said the same.

BBI will solve it :)
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mlennyma
#19 Posted : Friday, April 01, 2011 11:49:57 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
We will make money here and get out when you continue dreaming of collapse.
"Don't let the fear of losing be greater than the excitement of winning."
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2012
#20 Posted : Friday, April 01, 2011 11:52:16 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mlennyma wrote:
We will make money here and get out when you continue dreaming of collapse.


Who said it will collapse? Have Eveready, Sameer and Olympia collapsed?

BBI will solve it :)
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