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Olympia Holding Results for year endin feb 28,2009
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jammo
#1 Posted : Monday, August 03, 2009 9:20:00 AM
Rank: Member


Joined: 2/12/2008
Posts: 345
56million loss for year endin feb28 2009....

..if it is not expressly prohibited in law.. DO IT!!!!
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Chaka
#2 Posted : Monday, August 03, 2009 9:47:00 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
How come they are giving a dividend of 0.10 per share despite the loss?
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mwenza
#3 Posted : Monday, August 03, 2009 10:00:00 AM
Rank: Elder


Joined: 4/22/2009
Posts: 2,863
@ chaka...............from the reserves

WOULD RATHER DIE FIGHTING 4 MY RIGHTS THAN LIVE FOREVER WITHOUT ANY RIGHTS
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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jerry
#4 Posted : Monday, August 03, 2009 4:12:00 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
@Mwenza. This means the reserves must have been more than the 56million loss?

Hotels will always serve the fruits/vegs of the season. In stocks,ur duty as a trader is to identify the HOTshare of the season.
The opposite of courage is not cowardice, it's conformity.
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VituVingiSana
#5 Posted : Monday, August 03, 2009 4:28:00 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
Revenue Reserves are higher than the loss BUT what good is 10 cents? Apparently,the loss is not as bad as expected but still VERY high. We need shareholders at the AGM to ask the hard questions.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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