Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
|
ArrestedDev wrote:snipermnoma wrote:obiero wrote:snipermnoma wrote:obiero wrote:VituVingiSana wrote:obiero wrote:ArrestedDev wrote:obiero wrote:maka wrote:Let's wait for reality kesho...we know this is all hot air.ION COO flew in jana for his new role let's see what he will streamline. In the last few weeks about 10 million shares have been traded. On hot air basis.. High of today KES 4.80. We have lift off The fundamentals are still very poor. The trade volumes are due to stock speculation. Unless we see the results. It is unfair to say that fundamental are still very poor Tha Balance Sheet [as of 1H 2015-16] was NEGATIVE 30 Billion... Very solid balance sheet, eh? KES 789,500 could be my take home if I sold today, but I shall not take a shilling less than KES 12. It is worth mentioning that KES 58,800 is my paper gain in the last 3 days.. That's all I know.... However I will not sell even if we reverse temporarily based on tomorrow's massive loss announcement.. As I have said before, this stock isn't for everyone Obiero wish I had your confidence. If I was in your shoes, I would cash in on the gain. It is likely a loss will be announced and the price will likely reduce, especially in this bear market. So why not sell and re-enter at a lower price? It is guaranteed that a loss shall be announced.. That was forecasted right here on wazua about 4 months ago. What is also certain is that there will be an operating profit for the first time in 4 years Ok. I hear you on the operating profit, that is good. Shows improvement in the core business. Going back to owning shares in KQ, it still makes sense for you to cash in and re-enter lower. Why hold to watch it go lower? I am really struggling to get why you are leaving money on the table. Perhaps I should just accept what you said, this share is not for everyone. Let the operating profit not deceive you. Please factor in the finance costs and see the correct position. The debt is a killer. There is a sharp rise in finance costs due to the bridging loan acquired at a high interest rate. trading dangerously, dollar loans!!!! "Don't let the fear of losing be greater than the excitement of winning."
|