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Loss making companies at the NSE
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments
KQ ABP 4.26
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Loss making companies are not suitable for investment.However speculators find something in them.But its good to keep off those companies both speculators and Long term investors. Towards the goal of financial freedom
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Hi @Obiero, which firms from the list above have not made a profit for 5 years? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Hi @Obiero, which firms from the list above have not made a profit for 5 years? Hi @vvs.. I am not sure
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Hi @Obiero, which firms from the list above have not made a profit for 5 years? Hi @vvs.. I am not sure Hmmm, perhaps other Wazuans can help... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Agriculturals on the list can be forgiven since their business is cyclical depending on 1). weather both locally and in competitor nations 2). exchange rates 3). Labour and industrial action. They have learnt to deal with the ups and downs by accumulating reserves as well sitting on huge tracts of land. Life is short. Live passionately.
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Rank: Member Joined: 3/20/2008 Posts: 503
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Hi @Obiero, which firms from the list above have not made a profit for 5 years? Hi @vvs.. I am not sure Hmmm, perhaps other Wazuans can help... Could it be the famous KQ?
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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sparkly wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Agriculturals on the list can be forgiven since their business is cyclical depending on 1). weather both locally and in competitor nations 2). exchange rates 3). Labour and industrial action. They have learnt to deal with the ups and downs by accumulating reserves as well sitting on huge tracts of land. I don't think most agricultural firms have made losses for 5 years running. I know Kakuzi, Williamson and Kapchorua have made both profits and losses since 2012. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Flame Tree made a profit of Ksh. 40 million, if memory serves me right. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Pesa Nane wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Flame Tree made a profit of Ksh. 40 million, if memory serves me right. Thanks for the update. Other corrections and additions are welcome
KQ ABP 4.26
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