Wazua
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ARM HY2017
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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ARM has reported a loss of 1.4BN compared to 266M for the same period last year Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 3/20/2008 Posts: 503
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Hapa nimepatikana  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: 3/20/2008 Posts: 503
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Ericsson wrote:ARM has reported a loss of 1.4BN compared to 266M for the same period last year This is serious.... Is there no commentary from management???????? Is it really that bad??? At this rate,we should go buy EAPCC 
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Cut the loss. Broken below my sell trigger @18.70 invalidating the trade from the TA perspective.
Fundamentally, the HY results are really terrible. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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terrible results.i thought things will be better after they got the funds from UK firm.It will take long time for this company to pick up. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Another company going Mumias/uchumi/KQ way. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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I warned you didn't listen! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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You are right. Our economy is dying.. And these companies reporting losses have debt in Kenyan financial institutions.. The NSE cookie will crumble
KQ ABP 4.26
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