To make money, follow the trend my fren.

Are you sure?

Hahahaha..clearly the patrons at the exchange bar don't understand ARMCEMENT.

Send it to me I will be a faithful referee

Don't you think CMA can suspend this thing anytime?

The price had factored in a loss, yes. But not one of such magnitude. I can't predict the depth of tomorrow's fall. But I can foresee a lousy week for those aboard

He needs it to defend the KQ open offer.

A possibility but trading is about taking calculated risks.

Atleast I agree with obiero on this one. My Fren if you are inside with both your two legs and the third leg or you let someone of such callibre to inside of you with is complete set of paraphernalia, just take a chill pill that can last you till Friday to ask what happened to your niny. Safcom will wait till I repay their msuruari thing. I hard to struggle with my emotions on this one. Looked damn oversold, now I don't know whether to say damn princely it's. Wah. Never mix these things with emotions, always its your money that gets smitten anyway. @xxxx, what are your plans, this stock is in negative territory for all I care and I can not figure out after missing your 4.7/=, and tomorrow being your only left trading window, how do you navigate the grand fall. Maombi ndio Naitaji mie atleast nilipe Bob pesa yake. Otherwise, this shall be a forced marriage for a long time.

Sasa, I told u that this is a 10 year investment for me. The changes made to the board by CDC should tell you that their idea is to trim the fat and prepare for an exit as soon as possible. On the board, Konstantin Makarov, Sofia Bianchi and Rohit Anand are there to prepare for CDC's exit most likely through a sale of their stake to a n external investor on or off the trading floor. They are either already aware of, or will be apprised of what the strategic buyer needs to take up this stake as well as the timelines. I can promise you, that as night follows day, CDC will not exit this investment at such a big loss (Currently at kes37 and which is projected to be kes39 come Monday's closing bell). Intact, exiting at even half of this loss is not palatable to them. Therefore, as long as this is the case, I am willing to consider this investment as a WORK OUT (In Buffettspeak). Adding to my stake on Monday will bring my average buying price to kes1 and I am willing to wait and see how this works out as an investment even if it requires 10 years.

Moreover, the auditors disclaimer opinion was really a function of the failure by @ArmCement to conclude the transaction of the sale of the equity stake to the strategic partner and provide such feedback within the auditor's reporting window. Nothing else. @ArmCement's current assets have always been much much less than its current assets. Infact it was worse in prior years. The difference this year is that, in view of the troubles, the auditor felt that all the non current liabilities should also be treated as current liabilities.

Its just that the headline noise is too loud and it's crowding out the rightsizing work being done by CDC.

Napoleon had his waterloo, VVS had his KQ phase 1 under Naikuni, Obiero is currently enduring his KQ phase 2 ama KQ lending Co. Let this be my @ARMCement