Wazua
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ARM HY2017
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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rwitre wrote:lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming @Obiero is all smiles  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: 4/22/2010 Posts: 11,522 Location: Nairobi
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Angelica _ann wrote:rwitre wrote:lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming @Obiero is all smiles For the umpteenth time never ever buy a corporate bond in Kenya... Never... possunt quia posse videntur
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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rwitre wrote:lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming The time is nigh for Paunrana to make an appearance on rich Tv( https://www.rich.co.ke/rctools/richtv.php) as he used to do in the past and put the record straight. Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. There is never only one cockroach in the kitchen
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Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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maka wrote:Angelica _ann wrote:rwitre wrote:lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming @Obiero is all smiles For the umpteenth time never ever buy a corporate bond in Kenya... Never... What about safaricom and kengen bonds? ARM was junk bond
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Rank: Elder Joined: 12/4/2009 Posts: 10,809 Location: NAIROBI
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Fyatu wrote:Kwiklana wrote:@XXXXX and @Fyatu are rather quiet at this turn of events.
I am not shaken at all. I am glad to mop more at lower prices. There is no way the company with the largest clinker production capacity in East and Central Africa can be valued at 3 billion. Hata bei ya jioni 3 billion haiwezi. As @XXXXX has posited above, People should watch and learn. Afterall, this is a stock market. Kaloleni 750 thousand metric tonnes Tanga 1.2 million metric tonnes Of all that production capacity how much cement are they selling? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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wukan wrote:maka wrote:Angelica _ann wrote:rwitre wrote:lochaz-index wrote:Still think that balance sheet is hiding alot more skeletons than what has been revealed so far. Time will tell. They keep coming @Obiero is all smiles For the umpteenth time never ever buy a corporate bond in Kenya... Never... What about safaricom and kengen bonds? ARM was junk bond The pain of these Kenya corporate bonds
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Ericsson wrote:Fyatu wrote:Kwiklana wrote:@XXXXX and @Fyatu are rather quiet at this turn of events.
I am not shaken at all. I am glad to mop more at lower prices. There is no way the company with the largest clinker production capacity in East and Central Africa can be valued at 3 billion. Hata bei ya jioni 3 billion haiwezi. As @XXXXX has posited above, People should watch and learn. Afterall, this is a stock market. Kaloleni 750 thousand metric tonnes Tanga 1.2 million metric tonnes Of all that production capacity how much cement are they selling? There are high chances that the bag of Mombasa cement you bought or your neighbour bought for his/her mjengo was manufactured using clinker manufactured by Athi River Cement...Biashara sio simiti pekee yake. Dumb money becomes dumb only when it listens to smart money
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