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what is going on with Olympia Capital?
VituVingiSana
#31 Posted : Friday, July 02, 2010 12:39:50 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
is the Nancy Mwai - a new board member of Olympia - related to the other mwai?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wa_ithaka
#32 Posted : Friday, July 02, 2010 1:37:03 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Mwai is a very prevalent name huko Mathira
The Governor of Nyeri - 2017
VituVingiSana
#33 Posted : Friday, July 02, 2010 1:41:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Wa_ithaka wrote:
Mwai is a very prevalent name huko Mathira

Ahhh... coz the announcement mentions Heri Ltd of which the other mwai is/was a shareholder as I understand it...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#34 Posted : Friday, July 02, 2010 3:51:15 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
i havent been following this thread but damn!!! those results are nothing to write home about... 10cents dividend???? EPS is shit... sorry to the speculators....

@VVS didnt you get these shares at 10bob????
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#35 Posted : Friday, July 02, 2010 8:37:05 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
guru267 wrote:
i havent been following this thread but damn!!! those results are nothing to write home about... 10cents dividend???? EPS is shit... sorry to the speculators....

@VVS didnt you get these shares at 10bob????


Please keep this, erm, bit of info to yourself! I am not sure where I mentioned it... but this is NOT one of my finest moments or picks!

"If I could turn back time..."
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#36 Posted : Friday, July 02, 2010 9:50:57 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
the deal wrote:
... marked increase in expenses and this includes the losses made from the sale of our listed shares on the Nairobi Stock Exchange. Our profit before tax reduced ...
hehehehe this company is shit...like they say a rising tide lifts all boats even the leaking ones...

@the deal am with you 101%. They are now cannibalising capital and evidently no financial institution was willing to lend them even sh 10. This company will not end well. @ vvs Laughing out loudly, are you planning to jump this kalahari boat before it sinks in the sand?
Life is short. Live passionately.
VituVingiSana
#37 Posted : Friday, July 02, 2010 9:56:58 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
sparkly wrote:
the deal wrote:
... marked increase in expenses and this includes the losses made from the sale of our listed shares on the Nairobi Stock Exchange. Our profit before tax reduced ...
hehehehe this company is shit...like they say a rising tide lifts all boats even the leaking ones...

@the deal am with you 101%. They are now cannibalising capital and evidently no financial institution was willing to lend them even sh 10. This company will not end well. @ vvs Laughing out loudly, are you planning to jump this kalahari boat before it sinks in the sand?

I am going for broke... Waiting for AGM then taking it from there...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
qw25041985
#38 Posted : Saturday, July 03, 2010 12:04:52 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Arm will be releasing their half year results around August. So be patient. @ vvs and all those burnd by Olympia. Learn to take CACULATED risks. I barely know what this companys core business is .its like mama mboga tryin to sell any vegatable she can lay her hands on. I hav never lovd this company and i'll never.
Your future depends on your dreams so go to sleep !
VituVingiSana
#39 Posted : Saturday, July 03, 2010 8:58:31 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
At least Mama Mbogas make money... and know when to cut their losses...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
PKoli
#40 Posted : Saturday, July 03, 2010 11:42:33 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
@VVs
Olympia wanted to emulate Centum but unfortunately it is more of family business. Nothing exciting to talk about.
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