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olympia Holdings results
uchumi
#1 Posted : Thursday, June 17, 2010 10:23:33 AM
Rank: Member


Joined: 9/16/2006
Posts: 228
The financial year of Olympia ends on February .How comes they have not announced the results whereas kq and others which the financial year ends in march have already done so.is there any thing cooking ......
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
tmatekwa
#2 Posted : Thursday, June 17, 2010 12:15:37 PM
Rank: Member


Joined: 10/1/2007
Posts: 232
And have you noticed that the share price on this counter is being determined by low volumes? No panic selling etc. I get the impression that the small share holder is being woodwinked.
tony stark
#3 Posted : Thursday, June 17, 2010 12:24:04 PM
Rank: Veteran


Joined: 7/8/2008
Posts: 947
Same thing they did last year. They are in the Kitchen cooking their books. The world cup has come to pass dunhill is running @ loss and their botswana subsidiary is the only thing bringing revenue and their Kenya works is not doing to well.
VituVingiSana
#4 Posted : Thursday, June 17, 2010 1:34:52 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
I bought some at 8.50 to speculate on them because of World Cup sales. Hoepfully, they have cleaned the books completely last year and we can see gains in 2010...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wa_ithaka
#5 Posted : Thursday, June 17, 2010 2:13:40 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
13 days before they get another fine for late submission.
Is it Matu who does the accounts ama he hires a farmer from Karatina?
The Governor of Nyeri - 2017
sparkly
#6 Posted : Thursday, June 17, 2010 2:48:11 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
I bought some at 8.50 to speculate on them because of World Cup sales. Hoepfully, they have cleaned the books completely last year and we can see gains in 2010...

what world cup sales? Are they selling vuvuzelas
Life is short. Live passionately.
real cindano
#7 Posted : Thursday, June 17, 2010 2:54:06 PM
Rank: New-farer


Joined: 6/1/2010
Posts: 87
Location: Zimbalabala
Bony stock .... Hapa pia......
your a clown......
you really think you know it all ......
as mukhamba says........
@ vitavingisababu ..... good luck
@wa.bush ..... Are you sure???
@ parky...... Yeh they sell canvas vuvuzelas..... Check them out!!
Wa_ithaka
#8 Posted : Thursday, June 17, 2010 3:26:39 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
real needle-nay, I'm waithaka.
The Governor of Nyeri - 2017
mukiha
#9 Posted : Thursday, June 17, 2010 4:03:27 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Burnt my fingers on this one; damped it and never looked back.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
VituVingiSana
#10 Posted : Thursday, June 24, 2010 6:45:15 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
sparkly wrote:
VituVingiSana wrote:
I bought some at 8.50 to speculate on them because of World Cup sales. Hoepfully, they have cleaned the books completely last year and we can see gains in 2010...

what world cup sales? Are they selling vuvuzelas

LOLest... I wish they did!!! That wud have been an awesome investment, no?

Anyway, the subsidiary sells PVC tiles & I wonder if the S.Africans used those when constructing bathrooms, high-traffic areas, etc...

As for the local/Kenya side, they own real estate which has been on a super-rise...

This is no Equity Bank but not most firms are...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#11 Posted : Thursday, June 24, 2010 9:34:28 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@real cindano... I wish i could meet you... and give you... two quick sharp slaps
Life is short. Live passionately.
VituVingiSana
#12 Posted : Wednesday, June 30, 2010 11:46:33 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
Is there any news on Olympia? Or expectation of good news?

The demand for Olympia is through the roof. The price has not moved much (8/-) but the demand is for 125,000+ shares while offers are less than 5,000 shares.

Anyone?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#13 Posted : Wednesday, June 30, 2010 12:21:36 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
Demand has now climbed to 153,000+ shares...

Any news out there? I don't see anything on NSE website...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#14 Posted : Wednesday, June 30, 2010 12:40:13 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
Demand has now climbed to 153,000+ shares...

Any news out there? I don't see anything on NSE website...

Hehehe must be someone taking a position...in btwn when are the results coming out?
uchumi
#15 Posted : Wednesday, June 30, 2010 2:19:45 PM
Rank: Member


Joined: 9/16/2006
Posts: 228
Lets expect the results by either today or tomorrow.it seems the results might be good.
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
sparkly
#16 Posted : Wednesday, June 30, 2010 5:24:35 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
uchumi wrote:
Lets expect the results by either today or tomorrow.it seems the results might be good.


Crap share IMO, the Eveready of Financials and investment.People should not look beyond Centum.
Life is short. Live passionately.
youcan'tstopusnow
#17 Posted : Wednesday, June 30, 2010 10:24:04 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
sparkly, the olympia stock has returned 23% since the beginning of the year. Eveready has done 37.93%. For both, that is more than hfck, kcb, nmg, nbk, standard group and other "good companies"
GOD BLESS YOUR LIFE
VituVingiSana
#18 Posted : Thursday, July 01, 2010 3:02:23 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
youcan'tstopusnow wrote:
sparkly, the olympia stock has returned 23% since the beginning of the year. Eveready has done 37.93%. For both, that is more than hfck, kcb, nmg, nbk, standard group and other "good companies"

I have never looked at it that way... So anyway, aren't the results due?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
ProverB
#19 Posted : Thursday, July 01, 2010 8:12:40 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
youcan'tstopusnow wrote:
sparkly, the olympia stock has returned 23% since the beginning of the year. Eveready has done 37.93%. For both, that is more than hfck, kcb, nmg, nbk, standard group and other "good companies"


Predictions for prices? ...Does that make it a buy now? past performance is not necessarily indicative of future performance.. NSE has historically shown stock prices picking on or before publication of financial statements.. best to wait for the results..after all..if you hadn't bought the stock at start of year ..you are about 23% late. smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
VituVingiSana
#20 Posted : Monday, October 25, 2010 12:26:47 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
Hmmm... Apparently, there is some sort of restructuring going on... Again... Does anyone have any news on this?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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