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i am frothing at the mouth and sticking pins into myself. You were right. Well done. I've just got to stay on board the three, sorry two wheeled wagon. I'm prepared for the worst. not pleasant but there you go. Look forward to your posts. Always informative and entertaining.
..perhaps darkest hour lol?
Scottish bloke waffling on about a new budget hotel opening in South Africa what a joke of a company that continues to try and pull the wool over the eyes of its share holders WAKE UP and retrieve what money you can anything is better than nothing try COP or APC to recover your losses ;-)
I've been in LONR a couple of times and always sold at a loss. Dropped back here today as I haven't been following recently and it looks to be a bit of a disaster area - even after it looks as if FJET (I'm still invested there, but at a significantly reduced level) didn't get much of a deal. Just looked at barchart.com - I don't recall ever seeing anything which screamed sell as it does for LONR http://www.barchart.com/opinions/stocks/LONR.LS&view=detailed
Leni's left lol
Whatever you say about EP she did not hang about when she sold in Sept '12. I do wish I had paid more attention to this event.
u know how i respect yr opinion...so I tried my luck...bought 10k @ 4.57
What biological assets does Lonrho hold? I here rumourse that they ( we) have fruit orchards but can find no reference to them on the web site.
Any simple PIs left here? With all the Muppet "mna, mna, mna," clever sausages splitting their PR trousers it's getting increasingly tough to tell the difference between one failed Lonrho supply contract and another. Take Tesco. Maybe Pnag "Thai" Edwin can clear up the misunderstanding about Lonrho's supply contract. Is it Tesco UK or WAS it with Tesco's failed 'Fresh & Easy' US venture?
bakoven, sorry to intrude on your exchange with Jolly, but you and he/she are confusing me so much with your language and sense of direction that I have no idea how to whether to trade this share tomorrow or March honey futures Beckham. Frankly, it's all Bryony to me, mate.
how direct, kibu? interested in yr first hand impressions
so well hidden...there're Jolly well hidden from me...hic
believe so..there's only one DL as far as I jolly well know...LGO, SOLO...
Jolly, I realise that your posts are typically tongue-in-cheek and am therefore never offended by your hidden insults. I am, indeed, beginning to wonder if you work for the increasingly inept FTI bods. 'Inept' applies to FTI but, somehow, you don't seem Pangbourne enough. Maybe I work for WH Ireland? Hey, "WEAK BUY," everyone! "Em" is the only one of the "Quad" that I've not had direct contact with. Will she? Won't she? No, she won't. Pity. On topic: LONRHO NEED(H)A(M) NEW MANAGEMENT kibu
You've obviously done well today mate, Cristal no doubt, I've done abysmal. Sandton is now a good area, however downtown Joburg scared the sh**e out of me! Can you confirm that David L of LONR is the same DL as SOLO. Cheers.
laugh.". ..v well put.. ..what's not to like about kibu's posts?... ..should be top of the recommended list imv
boy.. ..apologies ...typo caused by too many bubbles in my champers...hic..lol
tricky one...not stopping at red lights.. ..my approach was to rarely leave Sandton (when in Jo'burg) lol
"Gorgeous Emma" is quite possibly sexist & offensive... ...I apologise unreservedly on your behalf gn/sweet dreams lol
"Week or weak? It's true I posted "weak buy" at 5.91p. Having posted "sells" most of the time since levels above 40p, it felt refreshing. Hah! Over 20% down within a few days, thank goodness I didn't get tempted and hopefully no one else here got caught. It's still a "weak buy" because of the high risk/high reward. There is a lot to Lonrho that a new management could possibly sort out. Bruiser and Slasher (and Gorgeous Emma) have failed miserably and need to go. (Bruiser has, contrary to creative PR, not gone.) They've had over seven years and their 'bad luck' excuses rank. It's also amusing to get some light-hearted criticism for my "weak buy" to contrast with the invective following my "strong sells." One of my favourites has always been,"I can imagine (kibu) writhing around on the floor, foaming at the mouth and pushing pins into a doll he has named Lonrho. Is he a disgruntled ex employee or someone who wants to see this go as low as possible before he wades in? Who knows." The absence of a final question mark suited the poster's limp-wristed 'No opinion' that followed my 7.25p 'Weak sell.' Some people take these BBs far too seriously. When you're reading about Lonrholand, start with a smile and get ready to laugh. kibu
Same DL as in Solo OIL? BTW done the Joburg run before, never, ever, stop at traffic lights!
...that couldn't happen, surely, Kibu??....not even in downtown Jo'burg ...could it? for any newbie to Jo'burg/SA:- "South Africa A sign in South Africa warning drivers Carjacking is a significant problem in South Africa, where it is called hijacking; there are some roadsigns warning people that certain areas are hotspots. There were 16,000 carjackings in one year (18 times the American rate per capita), and 60 murders a year resulting from these.[citation needed] In the late 1990s and early 2000s (decade), several new, unconventional anti-carjacking systems designed to harm the attacker were developed and marketed in South Africa, where carjacking had become such a serious problem that they faced little resistance from local police and judiciary bodies.[3] Among these was the now defunct Blaster, a small flame thrower that could be mounted to the underside of a vehicle.[4]"
Jolly, strewth! Our lot's been hangin' around near Pritchard/Rissik waiting for the grand opening. Lost our wheels, recycled the sump oil, seen nothing happen at Stuttafords and now the bar stewards are going for an opening elsewhere. Whatever. It's only a few blocks north from Pritchard but I'm worried about leaving the bus. If I leave it for Tuesday's opening, it might get stripped. Don't forget, impoverished Lonrho shareholders are not just in London. Amongst the fourteen thousand that have shareholdings worth £25 or less, there are some in Johannesburg.
"Easy come. Easy go. Easy move." 20 March 2013 Today's welcome news of the imminent opening of an 'Easyhotel' in Johannesburg is long-overdue. The RNS, predictably, reveals nothing of the background troubles since Lonrho and Easygroup announced their "MFA" venture in 2011. Easyhotel's March 2011 news release was updated in Lonrho's July 2011 RNS. Announcing a room rate of $29, David Lenigas, quoted an opening "in 2012," and "more than fifty hotels by 2016." Mid-2012, there was still no hotel but Lonrho had signed a 30-year lease with Afhco on part of the iconic Stuttafords building. A blaze of publicity ensued. A revised opening was given for end-2012. Then nothing. Official updates ceased from Easygroup and Lonrho. No wonder. There was rather poor news behind the scenes. [The "kibu" 14 January story is still on AD*FN.] February's Q4 update showed that Lonrho had budgeted for sales/occupancy that could not materialise. This effect is ongoing and now greater due to the further delays. Today's news is therefore extraordinary - even in Lonrholand. The new 'Easyhotel' is no longer where it was. It appears to have moved several Johannesburg blocks. It has also shrunk substantially and changed shape. No longer 120 rooms on two floors, it is now 60 rooms on seven floors. Presently it is the Hotel Lamunu. Unrelated to Easygroup, its website says, "Lamunu means "orange" in seSotho, a theme that is carried throughout this deliciously sweet and flavourful hotel." The hotel today confirmed that it is still the Hotel Lamunu although "next Tuesday the ownership will change." In a subsequent conversation, they stated that "the colours will still be the same." It looks as if the redecorating will be quick and easy. kibu
Does the price reflect what investors feel about owning an hotel in Joe's CBD ?