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Cytonn Investments
Rank: New-farer Joined: 11/11/2015 Posts: 21 Location: Nakuru
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The struggle continues
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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This topic has gone awfully quiet. Where are akina paul, alma? I used to enjoy their conspiracy thoeries 😂
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Horton wrote:This topic has gone awfully quiet. Where are akina paul, alma? I used to enjoy their conspiracy thoeries 😂 "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 .
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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murchr wrote:Horton wrote:This topic has gone awfully quiet. Where are akina paul, alma? I used to enjoy their conspiracy thoeries 😂 Creative accounting? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? punda amecheka
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Angelica _ann wrote:murchr wrote:Horton wrote:This topic has gone awfully quiet. Where are akina paul, alma? I used to enjoy their conspiracy thoeries 😂 Creative accounting? So carbacid/kenyare/etc etc etc also show revaluation gains which is IFRS
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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newfarer wrote:Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? For a 15month company....this is the bees knees.
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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Horton wrote:newfarer wrote:Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? For a 15month company....this is the bees knees. Post cash flow statement punda amecheka
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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newfarer wrote:Horton wrote:newfarer wrote:Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? For a 15month company....this is the bees knees. Post cash flow statement With all due respect, Since when did i become ur assistant? I dont think non-listed companies are obliged to post those perhaps u want to contact them directly?
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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Horton wrote:newfarer wrote:Horton wrote:newfarer wrote:Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? For a 15month company....this is the bees knees. Post cash flow statement With all due respect, Since when did i become ur assistant? I dont think non-listed companies are obliged to post those perhaps u want to contact them directly? So the only public information is the Hotair revaluation profits? , no comments punda amecheka
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Horton wrote:Angelica _ann wrote:murchr wrote:Horton wrote:This topic has gone awfully quiet. Where are akina paul, alma? I used to enjoy their conspiracy thoeries 😂 Creative accounting? So carbacid/ kenyare/etc etc etc also show revaluation gains which is IFRS "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 .
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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newfarer wrote:Horton wrote:newfarer wrote:Horton wrote:newfarer wrote:Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? For a 15month company....this is the bees knees. Post cash flow statement With all due respect, Since when did i become ur assistant? I dont think non-listed companies are obliged to post those perhaps u want to contact them directly? So the only public information is the Hotair revaluation profits? , no comments If u seriously wanted the info, u would have emailed them and asked them for it, not ask for it in cyber space on forum. "PNL=hot air" is your opinion, not everyones.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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newfarer wrote:Horton wrote:newfarer wrote:Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? For a 15month company....this is the bees knees. Post cash flow statement Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Pesa8 Kwani these results ni za 2015? Not HY 2016? "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 .
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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Pesa Nane wrote:newfarer wrote:Horton wrote:newfarer wrote:Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? For a 15month company....this is the bees knees. Post cash flow statement Thanks, pesanane, 19 million in cash and cash equivalent, not worth the chest thumping, comes closer to the real profit figure exclusive of the revaluation hot air punda amecheka
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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murchr wrote:Pesa8 Kwani these results ni za 2015? Not HY 2016? This is okay as they have 18 months for the first year of operation punda amecheka
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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newfarer wrote:Pesa Nane wrote:newfarer wrote:Horton wrote:newfarer wrote:Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? For a 15month company....this is the bees knees. Post cash flow statement Thanks, pesanane, 19 million in cash and cash equivalent, not worth the chest thumping, comes closer to the real profit figure exclusive of the revaluation hot air For a company thats only 1 year old?!?! I guess its too early in the morning for you! You do know breaking even even in their first year is a feat in itself right?
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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Horton wrote:newfarer wrote:Pesa Nane wrote:newfarer wrote:Horton wrote:newfarer wrote:Profits can be any Hotair. Cash is what pays the debts. Wapi cash flow statement? For a 15month company....this is the bees knees. Post cash flow statement Thanks, pesanane, 19 million in cash and cash equivalent, not worth the chest thumping, comes closer to the real profit figure exclusive of the revaluation hot air For a company thats only 1 year old?!?! I guess its too early in the morning for you! You do know breaking even even in their first year is a feat in itself right? I guess this cash flow is "cooked".... How do you include the fair value asset adjustments as cash flow items? Was land contribution from owners also a cashflow item?
I've never heard of an item ..."Cash used in the operations" in the cash flow....it should be cash from operations.... These terms matters as they are standard in accounting.
It seems the cash flow statement was prepared by an amateur or someone who is not a qualified accountant.
This makes me have more questions than answers about this company and its management.
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Rank: Member Joined: 5/4/2015 Posts: 241 Location: Kahno
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