Wazua
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ARM HY2017
Rank: Member Joined: 5/8/2007 Posts: 709
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Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio
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:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Things look different when you buy with longterm mindset.Your decisions to hold,buy and sell will entirely depend on periodic financial results.As soon as the results are out,get a copy and go through them keenly.Then make a decision.I have done that for the last one year and im really learning alot in a very positive way. Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Falling revenues, increasing costs... This company is headed back to technical insolvency. @Pesa nane pls post the cashflow statement, Asante. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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sparkly wrote:obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Falling revenues, increasing costs... This company is headed back to technical insolvency. @Pesa nane pls post the cashflow statement, Asante. True
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:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio A hard but good decision considering KQ is now down to 4.50!!! When the firm becomes a bandia firm, cut your losses ASAP. 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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sparkly wrote:obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Falling revenues, increasing costs... This company is headed back to technical insolvency. @Pesa nane pls post the cashflow statement, Asante. most obliged.  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Pesa Nane wrote:sparkly wrote:obiero wrote:faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Lucky are you. Better than @vvs who bought KQ at KES 60 and sold at KES 17.. It's possible to loose money at the NSE.. Many people actually loose money regularly at the NSE but most choose to only speak about their rallying portfolio Falling revenues, increasing costs... This company is headed back to technical insolvency. @Pesa nane pls post the cashflow statement, Asante. most obliged. Technically insolvent since they only have 100m cash and the short term liabilities exceed short term assets by 5B. Wonder if CDC will advance more monies. Life is short. Live passionately.
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Stanbic, among other financial intitutions must be happy to have gotten some form of early repayment. Though Stanbic is still owed at least 1B, the oustanding amount is significantly lower than 3B at end of 2015. Read more here....Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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faa wrote:Around mid 2015, I bought ARM shares at an average at an average of Ksh90.00 per share
This was out of a recommendation from faida investment bank.
Luckily I saw the boat sinking and sold at a loss ,at Ksh 83.00
Losses are real at the NSE
Superb move. Pulling the plug on a loser stock is not easy. That would have been a very tortuous ride down to the current price. The main purpose of the stock market is to make fools of as many people as possible.
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