Sounds odd that Natwood (the smaller firm) is open while you say no-one available at Plush. Please keep us in the loop. There may be more than what we know. Thanks.

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

9.4.2 Security Halts
The Exchange may temporarily halt trading in one or more securities in the
following circumstances:
i. Upon the request of the Authority;
ii. By the Exchange
iii. Prior to obtaining a clarification from the company on a report regarding
the company which has been brought to the attention of the Exchange.
iv. When there are unusual market movements in price/volume of a security.
v. Where in the opinion of the Chief Executive circumstances exist or are
about to occur that could result in other than the transparent,fair and
orderly trading of the specific securities.


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

@Vitu


I haven't checked,but I thought you said trading on this one ceased?!
Is it bad or worst?
When buying shares,ask yourself,would you buy the whole company?

Natwood by all accounts doing well. Worth saving. Very different business toPlush.

As far as I can tell,other than citing rule 9.4.2 (hope I got that right),there has been no further indication as to the real reason for the suspension of trading. I have checked the NSE website and I have not seen the 2009 results having been posted. I thought the release of the results during trading hours was the most likely reason for the suspension. In the absence of the results,should we assume that there was something rather more sinister?

I have been rather critical of the company and its management in my previous postings. Nonetheless,it would be very dissapointing for NSE investors if another company were to go belly up not very long after soliciting additional funds from shareholders through a rights issue. Any information anyone?



Opportunity calls but few respond.

NSE honchos have a great opportunity to restore trust in the bourse by dispatching one of their buddies.

www.mjengakenya.blogspot.com

Alchemist,if you are unable to obtain confirmation do not attack vitu. This was confirmed through brokers. As an investor why not seek confirmation from the NSE.

It is a known fact that OCH has not released their year end results. They also changed their 'strategy' . 56,400 shares traded for this inactive counter is reason enough to halt trading. Any material information should be made public to all investors.

Happy investing.