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Olympia holdings...falling apart?
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Mainat
#11 Posted : Wednesday, July 01, 2009 6:21:00 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Has Olympia committed fraud is probably another question.


www.mjengakenya.blogspot.com
Sehemu ndio nyumba
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VituVingiSana
#12 Posted : Monday, July 06, 2009 8:15:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,383
Location: Nairobi
I want to hear more from longships

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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VituVingiSana
#13 Posted : Monday, July 06, 2009 8:16:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,383
Location: Nairobi
please tell us what is happening at natwood,plush,olympia?

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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mukiha
#14 Posted : Monday, July 06, 2009 12:27:00 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
With 11 deals,this counter was unusually busy today...small number of shares though....and touched a one year low.

Who said 'get out when you can'?

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Mainat
#15 Posted : Tuesday, July 07, 2009 4:31:00 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Question-when will CMA start enforcing its rulebook? Answer-when another Uchumi-like collapse happens.

My advice on Olympia-sell up and put in a buy order at around Ksh5.

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
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jerry
#16 Posted : Tuesday, July 07, 2009 6:08:00 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
If I can remember properly Olympia had this idea of converting itself into a 'Centum'. So if this is the case then 6/= will be a very good bargain.

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
#17 Posted : Tuesday, July 07, 2009 7:24:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,383
Location: Nairobi
No results. Does not bode well.

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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Kaigangio
#18 Posted : Tuesday, July 07, 2009 2:29:00 PM
Rank: Elder

Joined: 2/27/2007
Posts: 2,768
@ vitu,

could be that the books are being cooked to reflect a healthy financials,uchumi style...


NEVER TALK OF A RHINO IF THERE IS NO TREE NEAREBY - ZULU PROVERB
...besides, the presence of a safe alone does not signify that there is money inside...
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VituVingiSana
#19 Posted : Tuesday, July 07, 2009 4:28:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,383
Location: Nairobi
This time round,the CMA will be watching. The auditors will be on the hot-spot. And shareholders will be asking the questions. Cooking books is going to be tough.

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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jammo
#20 Posted : Wednesday, July 08, 2009 5:15:00 AM
Rank: Member

Joined: 2/12/2008
Posts: 345
@jerry..the purpose for the rights issue they did last year has gone bust. How then do u address investors who bought into the rights?..considerin their investment has fallen thro?

..if it is not expressly prohibited in law.. DO IT!!!!
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