Wazua
»
Investor
»
Stocks
»
ARM HY2017
Rank: Member Joined: 7/7/2009 Posts: 41
|
They are waiting to report on the last day as they usually do. Though there is nothing to report for H1. Should be worse than 2017 or any other year Happiness is not the absence of problems, It's the ability to deal with them
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,388 Location: Nairobi
|
Ouch! You win some, you lose some. Good news is that this was a Tier 3 holding for me but it still hurts! Should have listened to Mr. Buffett!  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
|
VituVingiSana wrote:Ouch! You win some, you lose some. Good news is that this was a Tier 3 holding for me but it still hurts! Should have listened to Mr. Buffett! What has happened chief COOP, IMH, KEGN, MTNU
|
|
|
Rank: Elder Joined: 3/19/2010 Posts: 3,505 Location: Uganda
|
obiero wrote:VituVingiSana wrote:Ouch! You win some, you lose some. Good news is that this was a Tier 3 holding for me but it still hurts! Should have listened to Mr. Buffett! What has happened chief ARM has gone burst.bankrupt.pole.its life.put under PWC as joint administrator . punda amecheka
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
|
newfarer wrote:obiero wrote:VituVingiSana wrote:Ouch! You win some, you lose some. Good news is that this was a Tier 3 holding for me but it still hurts! Should have listened to Mr. Buffett! What has happened chief ARM has gone burst.bankrupt.pole.its life.put under PWC as joint administrator . Pole ni kwa wengine. I was never in there COOP, IMH, KEGN, MTNU
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
|
Spikes wrote:obiero wrote:VituVingiSana wrote:@Fyatu - ππΌππΌππΌ
Very helpful. Thanks!
Any comparisons (quality) between ARM and Bamburi?
I hope the next set of projects undertaken by KE and TZ use ARM cement!
Niko ndani!!!! This is a long-term play for me it seems based on the potential. Hehe.. Penny stocker @Obiero I can swear by your KQ's badly mutilated appendix that @VVS is gonna make huge returns vis-a-vis your dead national carrier. No worries COOP, IMH, KEGN, MTNU
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
|
obiero wrote:sparkly wrote:Spikes wrote:sparkly wrote:Spikes wrote:sparkly wrote:VituVingiSana wrote:All these minor ups and downs are irrelevant for me from a long-term perspective.
The 1H 2018 results (and commentary) vs 2H 2017 vs 1H 2017 will light the way.
The commentary will be important especially the discussion about the CDC/IFC loans.
ARM has 3 months to release the results and can ask for an extension so as to provide a comprehensive update.
2018: The (private) construction market in Kenya is suffering and once the current crop of buildings/projects are completed, there will be a pause/slowdown. The public sector may see slower construction as GoK struggles to pay for what's under construction.
Unless GoK's interest rates reduce to sub-10% the banks have little incentive to lend long-term to the private sector. Plus there's plenty of competition from other cement firms which are also expanding capacity.
Investing in ARM is not for the short-term nor the jumpy. Then there are other firms, not in a turnaround situation, whose share prices have tumbled in 2018 which means investors have choices. Exercise caution. Fundamentals are poor for ARM and the nse is generally depressed. Take profits when you can. Considering declining NAV of about kes 20 per share the stock is currently trading too low the fundamentals... Which fundamentals? NAV First fundamental is profitability. If no profitability there is no fundamental. The fundamentals are fundamentally broken at ARM It was written COOP, IMH, KEGN, MTNU
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
|
obiero wrote:LOL. For a man your age @vvs, you surely remain creative.. Cracked me up @vvs this is life.. COOP, IMH, KEGN, MTNU
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
|
newfarer wrote:obiero wrote:VituVingiSana wrote:Ouch! You win some, you lose some. Good news is that this was a Tier 3 holding for me but it still hurts! Should have listened to Mr. Buffett! What has happened chief ARM has gone burst.bankrupt.pole.its life.put under PWC as joint administrator . Is this information verified COOP, IMH, KEGN, MTNU
|
|
|
Rank: Veteran Joined: 4/23/2014 Posts: 932
|
obiero wrote:obiero wrote:LOL. For a man your age @vvs, you surely remain creative.. Cracked me up @vvs this is life.. Excellent Poetry VVS  βYou can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.β - Ben Graham
|
|
|
Wazua
»
Investor
»
Stocks
»
ARM HY2017
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|