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suntra made loss
Douvante
#11 Posted : Friday, August 28, 2009 11:03:00 AM
Rank: Member

Joined: 5/14/2008
Posts: 55
The financial statements do not give a true and fairview of the state of affairs as at 30th June 2009.The balance sheet does not balance,something is not right somewhere,i hope the auditors will pick it.

Everything happens for a reason.
Cicero
#12 Posted : Friday, August 28, 2009 12:10:00 PM
Rank: Member

Joined: 7/7/2009
Posts: 111
Suntra was one of the largest brokers around thetime of KENGEN IPO but somewhere after that they lost the plot as they didnt knowhow to take care of the large crowd. I ran and so did many investors,in search of more efficient brokers. And i believe that's where the rain started beating them.

Most Kenyan businesses have poor customer service and SUNTRA is real Kenyan!




We are all investors: making money,making trouble or making excuses!
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it...
Agra
#13 Posted : Friday, August 28, 2009 6:09:00 PM
Rank: Member

Joined: 4/22/2007
Posts: 96
Location: Agra, India
All investment banks made losses the most worrying thing is the amount of loss incurred by these firms.for instance 47m is huge considering the capitalisation of the firm also note the amount earned from commissions the main of income a mere 12m for the period is worrying the sama as Genghis capital the new entrant which also made a loss of 5.5m...from here i dont know where we are heading.

NAMASTE !Don't be unrealistic with your expectations
It's easy for investors to get emotional and prejudiced when trading, but computers don't
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