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Rank: Member Joined: 12/21/2007 Posts: 84
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After being in slumber land for eternity the stock has come to rock the market. at 46.67% gain at some point.What was said on its material announcement to attract such interest on it.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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GITHUKUSM wrote:After being in slumber land for eternity the stock has come to rock the market. at 46.67% gain at some point.What was said on its material announcement to attract such interest on it. Last year they reported total dividend payout of 55,000/=,  . Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 12/21/2007 Posts: 84
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They are shy to shed more light on such issues as EPS or DPS.They have not talked of any AGM.Do they still operate?I used to see their Jam on the supermarket shelves but its like they were overshadowed by other entrants into the market.what else do they manufacture?
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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GITHUKUSM wrote:They are shy to shed more light on such issues as EPS or DPS.They have not talked of any AGM.Do they still operate?I used to see their Jam on the supermarket shelves but its like they were overshadowed by other entrants into the market.what else do they manufacture?
Their website is www.njorocanning.co.keOr is the NSE pranking us? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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 PAT lipuka'd. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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dunkang wrote:PAT lipuka'd. Supported by tax funds.... why are their cost of sales so high Vs revenues? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Angelica _ann wrote:dunkang wrote:PAT lipuka'd. Supported by tax funds.... why are their cost of sales so high Vs revenues? Funny enough, the profits lipuka'd to 2M!!!!! A publicly listed company that makes 2M/= per year in their best year??????? 2M, many wazuans make more than that per year!!!! NSE should just de-list this thing, FOR GOOD! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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46% because of 2M profit ...amazing. Unless only one share changed hands from the same guy to same guy registered under different names.
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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dunkang wrote:Angelica _ann wrote:dunkang wrote:PAT lipuka'd. Supported by tax funds.... why are their cost of sales so high Vs revenues? Funny enough, the profits lipuka'd to 2M!!!!! A publicly listed company that makes 2M/= per year in their best year??????? 2M, many wazuans make more than that per year!!!! NSE should just de-list this thing, FOR GOOD! Better than Olympia whose only gains in the past few years are from selling off assets. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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VituVingiSana wrote:dunkang wrote:Angelica _ann wrote:dunkang wrote:PAT lipuka'd. Supported by tax funds.... why are their cost of sales so high Vs revenues? Funny enough, the profits lipuka'd to 2M!!!!! A publicly listed company that makes 2M/= per year in their best year??????? 2M, many wazuans make more than that per year!!!! NSE should just de-list this thing, FOR GOOD! Better than Olympia whose only gains in the past few years are from selling off assets. VVS, what did Olympia do to you, you are on their case day in, day out. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 1/13/2014 Posts: 378 Location: Denmark
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dunkang wrote:PAT lipuka'd. This is a joke. Really wonder what they are still doing in the bourse. Seeing is believing
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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Angelica _ann wrote:VituVingiSana wrote:dunkang wrote:Angelica _ann wrote:dunkang wrote:PAT lipuka'd. Supported by tax funds.... why are their cost of sales so high Vs revenues? Funny enough, the profits lipuka'd to 2M!!!!! A publicly listed company that makes 2M/= per year in their best year??????? 2M, many wazuans make more than that per year!!!! NSE should just de-list this thing, FOR GOOD! Better than Olympia whose only gains in the past few years are from selling off assets. VVS, what did Olympia do to you, you are on their case day in, day out. The Board has a senile chap, a master thief and his sidekick. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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VituVingiSana wrote:Angelica _ann wrote:VituVingiSana wrote:Better than Olympia whose only gains in the past few years are from selling off assets.
VVS, what did Olympia do to you, you are on their case day in, day out. The Board has a senile chap, a master thief and his sidekick. That i can concur. This KANU era "businessmen" and "deal-makers" are not trustworthy, at all, at all, at all. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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dunkang wrote:VituVingiSana wrote:Angelica _ann wrote:VituVingiSana wrote:Better than Olympia whose only gains in the past few years are from selling off assets.
VVS, what did Olympia do to you, you are on their case day in, day out. The Board has a senile chap, a master thief and his sidekick. That i can concur. This KANU era "businessmen" and "deal-makers" are not trustworthy, at all, at all, at all. At the last (& prior) AGMs, the "Deputy Chairman" (and previous CEO) ran the show. The "Chairman" is a company that has appointed a 77 year old as the Chairman. Does he even know what is going on? There's a quiet chap called Lakhani whose silence is deafening while the company is being run down. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2010 Posts: 2,218 Location: Sundowner,Amboseli
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streetwise wrote:46% because of 2M profit ...amazing. Unless only one share changed hands from the same guy to same guy registered under different names. I used to see some guy do that(market making) mainly on agri counters around 2006-2007 while at the bourse on 1st floor Nation Centre. He would lure guys into a stock and then leave you 'stranded at the summit' The guy is now a renowned Equity analyst,data vendor and highly sought after  @SufficientlyP
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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Sufficiently Philanga....thropic wrote:streetwise wrote:46% because of 2M profit ...amazing. Unless only one share changed hands from the same guy to same guy registered under different names. I used to see some guy do that(market making) mainly on agri counters around 2006-2007 while at the bourse on 1st floor Nation Centre. He would lure guys into a stock and then leave you 'stranded at the summit' The guy is now a renowned Equity analyst,data vendor and highly sought after The harder you work, the luckier you get
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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Sufficiently Philanga....thropic wrote:streetwise wrote:46% because of 2M profit ...amazing. Unless only one share changed hands from the same guy to same guy registered under different names. I used to see some guy do that(market making) mainly on agri counters around 2006-2007 while at the bourse on 1st floor Nation Centre. He would lure guys into a stock and then leave you 'stranded at the summit' The guy is now a renowned Equity analyst,data vendor and highly sought after Name and Shame the Pumper & Dumper  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Volume 600 "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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