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ARM HY2017
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Ericsson
#301 Posted : Thursday, May 24, 2018 3:21:09 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
sparkly wrote:
Angelica _ann wrote:
Watu wa TA, what are the charts saying? I want to speculate, almost did at 7 bob...... whah!!!!!


Fall from 6 bob was too abrupt. Expect a rebound of 205-30% before we continue the downtrend.


Market is ruthless this time
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Thursday, May 24, 2018 3:43 PM | Reason: Not specified
muandiwambeu
#302 Posted : Thursday, May 24, 2018 3:37:16 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Fyatu wrote:
xxxxx wrote:
obiero wrote:
Angelica _ann wrote:
obiero wrote:
Ericsson wrote:
The conversion price for the ARM shares was 40.
And vvs you were a fan of ARM.

An African chameleon


Investors including VVS change their minds after doing due diligence smile

And such minds had better change quickly because the bear run on ARM share price has been brutal.. Only KQ comes close in terms of severity of price capitulation, but luckily for KQ, it has turned the proverbial corner. As for ARM, I shall be the presiding undertaker, as its now confirmed as per our years old fear; dead



https://www.businessdail...892-xlweq7z/index.html. AyayayayayayayaLaughing out loudly smile


Wololo yayee! Things are bad. Hata salaries hawalipi?

When you carry a monkey in you briefcase you either say ayayayayai, wololo yayee or definitely nyefunyefu will nyefunyefu on you. Laughing out loudly d'oh!
,Behold, a sower went forth to sow;....
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  | | Edit by user: Thursday, May 24, 2018 4:36 PM | Reason: Not specified
Angelica _ann
#303 Posted : Thursday, May 24, 2018 3:45:44 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
sparkly wrote:
Angelica _ann wrote:
Watu wa TA, what are the charts saying? I want to speculate, almost did at 7 bob...... whah!!!!!


Fall from 6 bob was too abrupt. Expect a rebound of 205-30% before we continue the downtrend.


Actually from 7.5 bob ..... let us see whats up next week smile
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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kaimbaga2012
#304 Posted : Thursday, May 24, 2018 3:55:55 PM
Rank: New-farer

Joined: 10/25/2011
Posts: 67
Angelica _ann wrote:
sparkly wrote:
Angelica _ann wrote:
Watu wa TA, what are the charts saying? I want to speculate, almost did at 7 bob...... whah!!!!!


Fall from 6 bob was too abrupt. Expect a rebound of 205-30% before we continue the downtrend.


Actually from 7.5 bob ..... let us see whats up next week smile

What


Over 9m shares have exchanged hands today. Is it catching a falling knife or can somebody speculate with this one and emerge unscathed.
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Fyatu
#305 Posted : Thursday, May 24, 2018 4:02:51 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
VituVingiSana wrote:
Fyatu wrote:
heri wrote:
mlennyma wrote:
Fyatu wrote:
guru267 wrote:
I believe there is a deliberate plan to scoop up ARM shares at a throw away price. Time will tell though



1. Shake-off the weak Wanjiku of little faith who are prone to fear by creating uncertainty.

2. Have them stampede as they jump-off the boat.

3. Mop-up the mess(buy at low prices).

.....this NSE is not for the faint hearted. However, tell tale signs are all over. ARM not paying salaries, resignation of long serving directors, late reporting etc.

To me what makes me fear jumping in is the story about delayed salaries suggesting very low revenues, low sales etc. I will watch from the sidelines

Not paying salaries is like not paying rent in your rented premises,the next step is usually being kicked out and auctioned


But you could be parking a merc outside your rented premises


I see what you have done there....A market valuation of Kshs. 2.88B Vs. NAV of 26B as per HY 2017....very enticing but once bitten twice shy
What? NAV of 26bn? How now? Did you deduct liabilities from the assets?


24B to be exact. Check page 16 of this document
Dumb money becomes dumb only when it listens to smart money
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xxxxx
#306 Posted : Thursday, May 24, 2018 4:48:04 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
Fyatu wrote:
VituVingiSana wrote:
Fyatu wrote:
heri wrote:
mlennyma wrote:
Fyatu wrote:
guru267 wrote:
I believe there is a deliberate plan to scoop up ARM shares at a throw away price. Time will tell though



1. Shake-off the weak Wanjiku of little faith who are prone to fear by creating uncertainty.

2. Have them stampede as they jump-off the boat.

3. Mop-up the mess(buy at low prices).

.....this NSE is not for the faint hearted. However, tell tale signs are all over. ARM not paying salaries, resignation of long serving directors, late reporting etc.

To me what makes me fear jumping in is the story about delayed salaries suggesting very low revenues, low sales etc. I will watch from the sidelines

Not paying salaries is like not paying rent in your rented premises,the next step is usually being kicked out and auctioned


But you could be parking a merc outside your rented premises


I see what you have done there....A market valuation of Kshs. 2.88B Vs. NAV of 26B as per HY 2017....very enticing but once bitten twice shy
What? NAV of 26bn? How now? Did you deduct liabilities from the assets?


24B to be exact. Check page 16 of this document


..and that was at the end of August 2017. Surely even with a 10bn shilling loss, there must be some value somewhere. I know it is elephant shit bad...but it can not be that bad.
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heri
#307 Posted : Thursday, May 24, 2018 5:02:20 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Fyatu wrote:
VituVingiSana wrote:
Fyatu wrote:
heri wrote:
mlennyma wrote:
Fyatu wrote:
guru267 wrote:
I believe there is a deliberate plan to scoop up ARM shares at a throw away price. Time will tell though



1. Shake-off the weak Wanjiku of little faith who are prone to fear by creating uncertainty.

2. Have them stampede as they jump-off the boat.

3. Mop-up the mess(buy at low prices).

.....this NSE is not for the faint hearted. However, tell tale signs are all over. ARM not paying salaries, resignation of long serving directors, late reporting etc.

To me what makes me fear jumping in is the story about delayed salaries suggesting very low revenues, low sales etc. I will watch from the sidelines

Not paying salaries is like not paying rent in your rented premises,the next step is usually being kicked out and auctioned


But you could be parking a merc outside your rented premises


I see what you have done there....A market valuation of Kshs. 2.88B Vs. NAV of 26B as per HY 2017....very enticing but once bitten twice shy
What? NAV of 26bn? How now? Did you deduct liabilities from the assets?


24B to be exact. Check page 16 of this document


But doesn't this assume that they can get atleast 50% of the value of PPE if sold?
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muandiwambeu
#308 Posted : Thursday, May 24, 2018 6:20:45 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Fyatu wrote:
VituVingiSana wrote:
Fyatu wrote:
heri wrote:
mlennyma wrote:
Fyatu wrote:
guru267 wrote:
I believe there is a deliberate plan to scoop up ARM shares at a throw away price. Time will tell though



1. Shake-off the weak Wanjiku of little faith who are prone to fear by creating uncertainty.

2. Have them stampede as they jump-off the boat.

3. Mop-up the mess(buy at low prices).

.....this NSE is not for the faint hearted. However, tell tale signs are all over. ARM not paying salaries, resignation of long serving directors, late reporting etc.

To me what makes me fear jumping in is the story about delayed salaries suggesting very low revenues, low sales etc. I will watch from the sidelines

Not paying salaries is like not paying rent in your rented premises,the next step is usually being kicked out and auctioned


But you could be parking a merc outside your rented premises


I see what you have done there....A market valuation of Kshs. 2.88B Vs. NAV of 26B as per HY 2017....very enticing but once bitten twice shy
What? NAV of 26bn? How now? Did you deduct liabilities from the assets?


24B to be exact. Check page 16 of this document

Very poor approach of valuing a distressed company. By the time you liquidate you will realise that nothing exists in the name of current assets for a specialized company like arm. Further forced sale value of plant and equipment is oftenly below acceptable levels of 65%. But let us be Mumias bandwagon optimist ie impair every asset by 65% ie
40bn X.65 approx. to26.00bn non current as
7bn X. 65 approx to 4.55bn. Current asset
Totaling to 30.55bn.
Now less all liabilities now that the company has not been able to honor debts as they fall due and factor in debt accumulation at a rate of say 25% of average debt levels per annum to account for such things as salaries in arrears, accumulating debt in general.
Current liab 10bn add 12 bn non current liabilities total liabilities/debt=22bn
Factor debt accumulation at 25%
Ie 22bn+22bn*0.25=27.55bn
Now find net assets for your valuation purposes
30.55bn less 27.55bn= 3bn
Net assets is 3bn.
Per share =3bn/959940200issued shares=3.1251946735848/=
And thats not all. Factor in current years loss of day 1bn.
Jemeni. Kwani hii hesabu ni ngumu aji mwanaume anaingiza kichwa ndani ya krokodile Akiona. Anything above two bob is to me buying confusion at a premium especially if you are not a strategic investor, like me. If you are not going in to give but to expect., just know karm is like a heifer on heat. It's a potential milker in future so long as you get her fertile body inseminated. https://media.giphy.com/...RF0v9WMAUVLNK/giphy.gif https://media.giphy.com/media/l4FGqUJjXKP2tkW5O/giphy.gif
,Behold, a sower went forth to sow;....
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  | | Edit by user: Friday, May 25, 2018 9:52 AM | Reason: Not specified
muandiwambeu
#309 Posted : Thursday, May 24, 2018 6:23:45 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
xxxxx wrote:
Fyatu wrote:
VituVingiSana wrote:
Fyatu wrote:
heri wrote:
mlennyma wrote:
Fyatu wrote:
guru267 wrote:
I believe there is a deliberate plan to scoop up ARM shares at a throw away price. Time will tell though



1. Shake-off the weak Wanjiku of little faith who are prone to fear by creating uncertainty.

2. Have them stampede as they jump-off the boat.

3. Mop-up the mess(buy at low prices).

.....this NSE is not for the faint hearted. However, tell tale signs are all over. ARM not paying salaries, resignation of long serving directors, late reporting etc.

To me what makes me fear jumping in is the story about delayed salaries suggesting very low revenues, low sales etc. I will watch from the sidelines

Not paying salaries is like not paying rent in your rented premises,the next step is usually being kicked out and auctioned


But you could be parking a merc outside your rented premises


I see what you have done there....A market valuation of Kshs. 2.88B Vs. NAV of 26B as per HY 2017....very enticing but once bitten twice shy
What? NAV of 26bn? How now? Did you deduct liabilities from the assets?


24B to be exact. Check page 16 of this document


..and that was at the end of August 2017. Surely even with a 10bn shilling loss, there must be some value somewhere. I know it is elephant shit bad...but it can not be that bad.

Being shafted takes alot of kuvumilia. Jikaze Ndungu. Utakuja tukupanguze maxhozi ukimaliziwosmile smile
,Behold, a sower went forth to sow;....
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the deal
#310 Posted : Thursday, May 24, 2018 6:40:11 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
muandiwambeu wrote:
xxxxx wrote:
Fyatu wrote:
VituVingiSana wrote:
Fyatu wrote:
heri wrote:
mlennyma wrote:
Fyatu wrote:
guru267 wrote:
I believe there is a deliberate plan to scoop up ARM shares at a throw away price. Time will tell though



1. Shake-off the weak Wanjiku of little faith who are prone to fear by creating uncertainty.

2. Have them stampede as they jump-off the boat.

3. Mop-up the mess(buy at low prices).

.....this NSE is not for the faint hearted. However, tell tale signs are all over. ARM not paying salaries, resignation of long serving directors, late reporting etc.

To me what makes me fear jumping in is the story about delayed salaries suggesting very low revenues, low sales etc. I will watch from the sidelines

Not paying salaries is like not paying rent in your rented premises,the next step is usually being kicked out and auctioned


But you could be parking a merc outside your rented premises


I see what you have done there....A market valuation of Kshs. 2.88B Vs. NAV of 26B as per HY 2017....very enticing but once bitten twice shy
What? NAV of 26bn? How now? Did you deduct liabilities from the assets?


24B to be exact. Check page 16 of this document


..and that was at the end of August 2017. Surely even with a 10bn shilling loss, there must be some value somewhere. I know it is elephant shit bad...but it can not be that bad.

Being shafted takes alot of kuvumilia. Jikaze Ndungu. Utakuja tukupanguze maxhozi ukimaliziwosmile smile


Well....

1. We dont know how big is the loss for FY2017 yet?
2. We are 5 months into 2018...We dont know how big the loss will be at HY2018?
3. Add to the fact that some of those assets could be overstated to boost NAV...we could be looking at one big black hole here Laughing out loudly Laughing out loudly Laughing out loudly

The sooner they release FY2017 results the better!

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  | | Edit by user: Thursday, May 24, 2018 6:41 PM | Reason: Not specified
104 Pages«<2930313233>»
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