wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

19 Pages«<16171819>
Olympia capital where to?
Options
Previous Topic · Next Topic
TheGeek
#171 Posted : Wednesday, October 22, 2014 2:51:44 PM
Rank: Member

Joined: 7/3/2014
Posts: 245
Metasploit wrote:
hisah wrote:
Round trip meltup on vapour volume... NSE is now a Casino... Not talking


smile smile smile i have never witnessed such price manipulations as this year.It always happens when there is lots of volatility


How much volume between 2.50 and today's price ?
In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
Back to top
  |
hisah
#172 Posted : Wednesday, October 22, 2014 3:56:04 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
TheGeek wrote:
Metasploit wrote:
hisah wrote:
Round trip meltup on vapour volume... NSE is now a Casino... Not talking


smile smile smile i have never witnessed such price manipulations as this year.It always happens when there is lots of volatility


How much volume between 2.50 and today's price ?

Vol spike of 1M cratered the price from 9/- to 2.60/- in a day's trade. Then the rebound on vapour volume till yesterday and today when some vol has checked in. It's that rebound on vapour vol that stinks so bad. Manipulation just like korch.

Btw before OCH rallied, vol spike of 2M shares traded at 5/-.

Not quality counters. So, was yesterday's directors loan inject really to considered material info to send the price up almost 100%??
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Wednesday, October 22, 2014 3:59 PM | Reason: Not specified
hisah
#173 Posted : Monday, October 27, 2014 12:32:25 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Watching OCH and ORCH tickers...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
murchr
#174 Posted : Tuesday, June 30, 2015 5:50:25 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Quote:
Investment company Olympia Capital has announced plans to close two of its loss-making subsidiaries, indicating yet another financial blow to shareholders of the NSE-listed firm.

The company is shutting down Dunlop Industries, a Nairobi-based manufacturer of vinyl floor tiles, and Cape Town-based Tiespro Trading, which makes bathroom and kitchen fittings.


The company’s other loss-making subsidiaries, Mather and Platt Kenya Limited-—a fire and mechanical engineering firm and Dunlop received a Sh30 million capital injection from director John Simba and Mr Matu Wamae’s family among other board members.

Mather and Platt and Dunlop Industries posted losses of Sh8.2 million and Sh6.2 million respectively for the full year to February last year, the first time the former dipped into the red and the second consecutive year the latter was in the negative.

Olympia said the two subsidiaries’ current liabilities exceeded their current assets, underlining the urgency of the intervention.


http://www.businessdaily...0/-/ha4j45/-/index.html
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
Aguytrying
#175 Posted : Tuesday, June 30, 2015 8:23:49 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
murchr wrote:
Quote:
Investment company Olympia Capital has announced plans to close two of its loss-making subsidiaries, indicating yet another financial blow to shareholders of the NSE-listed firm.

The company is shutting down Dunlop Industries, a Nairobi-based manufacturer of vinyl floor tiles, and Cape Town-based Tiespro Trading, which makes bathroom and kitchen fittings.


The company’s other loss-making subsidiaries, Mather and Platt Kenya Limited-—a fire and mechanical engineering firm and Dunlop received a Sh30 million capital injection from director John Simba and Mr Matu Wamae’s family among other board members.

Mather and Platt and Dunlop Industries posted losses of Sh8.2 million and Sh6.2 million respectively for the full year to February last year, the first time the former dipped into the red and the second consecutive year the latter was in the negative.

Olympia said the two subsidiaries’ current liabilities exceeded their current assets, underlining the urgency of the intervention.


http://www.businessdaily...0/-/ha4j45/-/index.html


Im surprised this company still exists. 9 lives
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
Aguytrying
#176 Posted : Tuesday, June 30, 2015 8:26:48 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
murchr wrote:
Quote:
Investment company Olympia Capital has announced plans to close two of its loss-making subsidiaries, indicating yet another financial blow to shareholders of the NSE-listed firm.

The company is shutting down Dunlop Industries, a Nairobi-based manufacturer of vinyl floor tiles, and Cape Town-based Tiespro Trading, which makes bathroom and kitchen fittings.


The company’s other loss-making subsidiaries, Mather and Platt Kenya Limited-—a fire and mechanical engineering firm and Dunlop received a Sh30 million capital injection from director John Simba and Mr Matu Wamae’s family among other board members.

Mather and Platt and Dunlop Industries posted losses of Sh8.2 million and Sh6.2 million respectively for the full year to February last year, the first time the former dipped into the red and the second consecutive year the latter was in the negative.

Olympia said the two subsidiaries’ current liabilities exceeded their current assets, underlining the urgency of the intervention.


http://www.businessdaily...0/-/ha4j45/-/index.html


Im surprised this company still exists. 9 lives
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
jerry
#177 Posted : Tuesday, June 30, 2015 9:03:33 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Aguytrying wrote:
murchr wrote:
Quote:
Investment company Olympia Capital has announced plans to close two of its loss-making subsidiaries, indicating yet another financial blow to shareholders of the NSE-listed firm.

The company is shutting down Dunlop Industries, a Nairobi-based manufacturer of vinyl floor tiles, and Cape Town-based Tiespro Trading, which makes bathroom and kitchen fittings.


The company’s other loss-making subsidiaries, Mather and Platt Kenya Limited-—a fire and mechanical engineering firm and Dunlop received a Sh30 million capital injection from director John Simba and Mr Matu Wamae’s family among other board members.

Mather and Platt and Dunlop Industries posted losses of Sh8.2 million and Sh6.2 million respectively for the full year to February last year, the first time the former dipped into the red and the second consecutive year the latter was in the negative.

Olympia said the two subsidiaries’ current liabilities exceeded their current assets, underlining the urgency of the intervention.


http://www.businessdaily...0/-/ha4j45/-/index.html


Im surprised this company still exists. 9 lives

The bigger surprise is that pple find value in it and are buying!
The opposite of courage is not cowardice, it's conformity.
Back to top
  |
mthaka
#178 Posted : Tuesday, June 30, 2015 10:04:32 AM
Rank: Member

Joined: 9/30/2013
Posts: 254
did this company make any profits?
Back to top
  |
Othelo
#179 Posted : Tuesday, June 30, 2015 10:12:53 AM
Rank: User

Joined: 1/20/2014
Posts: 3,528
VVS is yet to comment on these new developemnts at Olympia Capital?
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
Back to top
  |
VituVingiSana
#180 Posted : Tuesday, June 30, 2015 10:19:06 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Thieves. I wrote it off years ago. Sold out most at 6/- during that mini-boom. Great decision. Reinvested the cash.

Same with KQ. Exit a losing position when the positive fundamentals are no longer there.

I didn't exit KK but at this point I see good news though I admit I ignored the bad news in 2012. Lesson learnt.

The lesson I learnt from Olympia I have tried to apply to my other investments.

If the Management is untrustworthy/shady, exit ASAP.

If the fundamentals change [& don't seem likely to reverse] then take the loss or lock in the gain. Don't average down. Exit.

Read. Read. Read. Read books. Read articles. Read magazines. Distill this information. It's your money.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Tuesday, June 30, 2015 11:37 AM | Reason: Not specified
19 Pages«<16171819>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.