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Olympia Capital Material Anouncement
FUNKY
#1 Posted : Tuesday, November 01, 2011 11:47:13 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
I can see there is an announcement from Olympia Capital. Any news guys?
Insurgent
#2 Posted : Tuesday, November 01, 2011 12:39:00 PM
Rank: User

Joined: 8/6/2010
Posts: 594
FUNKY wrote:
I can see there is an announcement from Olympia Capital. Any news guys?



Profit down to 10 million in Aug 2011 from 13.2 million if Feb 2011.

Intends to cut costs by getting rid of non income subsidiaries and getting into Zambia.

Matu may be ailing from undisclosed ailment. That is the only prospective announcement.


"One man gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous man will prosper; he who refreshes others will himself be refreshed." Rev Canon Karanja.

Insurgent
#3 Posted : Tuesday, November 01, 2011 12:42:20 PM
Rank: User

Joined: 8/6/2010
Posts: 594
No interim dividends if that is what you expected. This is a company for danders.


"One man gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous man will prosper; he who refreshes others will himself be refreshed." Rev Canon Karanja.

Cde Monomotapa
#4 Posted : Tuesday, November 01, 2011 12:45:30 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Insurgent wrote:
This is a company for danders.

Laughing out loudly Laughing out loudly kuwa mpole Laughing out loudly
VituVingiSana
#5 Posted : Tuesday, November 01, 2011 12:48:05 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Insurgent wrote:
[quote=FUNKY]
Matu may be ailing from undisclosed ailment. That is the only prospective announcement.
I did not see this or are you being sarcastic?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mlennyma
#6 Posted : Tuesday, November 01, 2011 12:48:34 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Shareholders must meet, sell,and share the few coins left.
"Don't let the fear of losing be greater than the excitement of winning."
Mainat
#7 Posted : Tuesday, November 01, 2011 12:50:56 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Matu has offered any prospective investor a fight with lion for every share they buy
Sehemu ndio nyumba
Cde Monomotapa
#8 Posted : Tuesday, November 01, 2011 12:51:40 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Aaah..this Co.is associated with one @VVS smile Merry Xmas boss.
Mainat
#9 Posted : Tuesday, November 01, 2011 12:56:12 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Cde Monomotapa wrote:
Aaah..this Co.is associated with one @VVS smile Merry Xmas boss.

He is matu's cousin. He is also the tea bringer and the company secretary...
Sehemu ndio nyumba
VituVingiSana
#10 Posted : Tuesday, November 01, 2011 1:18:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Seems positive compared to last year. 10mn for 6 months vs 13mn for 12 months. This is for speculators though.

What's the story behind the properties it owns? That's where the value is not the business.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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