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Longhorn HY 2016 net profit up 70%
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Sam_Kibs
#1 Posted : Friday, February 19, 2016 8:27:20 AM
Rank: New-farer

Joined: 7/1/2015
Posts: 67
half year profit t Dec 2016 up by 70%
67.8Million from 39.8M.
beam of hope????
“It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
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mlennyma
#2 Posted : Friday, February 19, 2016 9:43:16 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Sam_Kibs wrote:
half year profit t Dec 2016 up by 70%
67.8Million from 39.8M.
beam of hope????

the normal kenyan way of pumping a share before a rights issue
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#3 Posted : Friday, February 19, 2016 11:14:23 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
mlennyma wrote:
Sam_Kibs wrote:
half year profit t Dec 2016 up by 70%
67.8Million from 39.8M.
beam of hope????

the normal kenyan way of pumping a share before a rights issue

Unaudited. And then a 'profit warning' after the Rights Issue. IMHO, this is a bandia firm.
KQ, KPLC, etc all did Rights Issues on pumped up earnings/projections...
Then we had TCL, etc which listed just after announcing good results. And then the next set of results were awful.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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muganda
#4 Posted : Friday, February 19, 2016 11:26:32 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
The curious case of Longhorn:
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whiteowl
#5 Posted : Friday, February 19, 2016 11:28:24 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
VituVingiSana wrote:
mlennyma wrote:
Sam_Kibs wrote:
half year profit t Dec 2016 up by 70%
67.8Million from 39.8M.
beam of hope????

the normal kenyan way of pumping a share before a rights issue

Unaudited. And then a 'profit warning' after the Rights Issue. IMHO, this is a bandia firm.
KQ, KPLC, etc all did Rights Issues on pumped up earnings/projections...
Then we had TCL, etc which listed just after announcing good results. And then the next set of results were awful.


and considering we are in a bear,it might tank heavily.
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Spikes
#6 Posted : Friday, February 19, 2016 11:39:31 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
whiteowl wrote:
VituVingiSana wrote:
mlennyma wrote:
Sam_Kibs wrote:
half year profit t Dec 2016 up by 70%
67.8Million from 39.8M.
beam of hope????

the normal kenyan way of pumping a share before a rights issue

Unaudited. And then a 'profit warning' after the Rights Issue. IMHO, this is a bandia firm.
KQ, KPLC, etc all did Rights Issues on pumped up earnings/projections...
Then we had TCL, etc which listed just after announcing good results. And then the next set of results were awful.


and considering we are in a bear,it might tank heavily.


I hope Wanjiku listening to you too!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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muandiwambeu
#7 Posted : Friday, February 19, 2016 12:10:28 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Spikes wrote:
whiteowl wrote:
VituVingiSana wrote:
mlennyma wrote:
Sam_Kibs wrote:
half year profit t Dec 2016 up by 70%
67.8Million from 39.8M.
beam of hope????

the normal kenyan way of pumping a share before a rights issue

Unaudited. And then a 'profit warning' after the Rights Issue. IMHO, this is a bandia firm.
KQ, KPLC, etc all did Rights Issues on pumped up earnings/projections...
Then we had TCL, etc which listed just after announcing good results. And then the next set of results were awful.


and considering we are in a bear,it might tank heavily.


I hope Wanjiku listening to you too!


Eti, the sky is falling, the sky is falling. Why not give credit where it deserves. This is stellar performance. Good I never alighted from this bus. All indicators were right and everything points to the north. Wanjikus crystal ball is smarter than many elders @wazua nowadays. Applause Applause Applause
,Behold, a sower went forth to sow;....
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KulaRaha
#8 Posted : Friday, February 19, 2016 12:23:03 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Cooking the books for a rights issue.
Business opportunities are like buses,there's always another one coming
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Pesa Nane
#9 Posted : Friday, February 19, 2016 10:01:08 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Sam_Kibs wrote:
half year profit t Dec 2016 up by 70%
67.8Million from 39.8M.
beam of hope????

??
Pesa Nane plans to be shilingi when he grows up.
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Aguytrying
#10 Posted : Friday, February 19, 2016 11:33:43 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
We've read this script too many times before to be fooled again
The investor's chief problem - and even his worst enemy - is likely to be himself
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