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Merali now gets a slow puncture
Surealligator
#1 Posted : Monday, November 15, 2010 8:49:39 AM
Rank: User


Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
Naushad Merali's Sameer has made a profit warning due to a slow puncture phenomena affecting Yana tyres. It is being attributed to poor quality rubber finding its way into the manufacturing process as high quality rubber has become extremely expensive.

The board of directors wishes to inform the shareholders of the company and potential investors that we expect that the results for the year ending 31st December 2010 may experience a decline in comparison to the previous year’s results.

http://www.capitalfm.co....rofit-warning-5015.html

I see Sameer at 6 bob.

Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
VituVingiSana
#2 Posted : Monday, November 15, 2010 9:29:16 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,259
Location: Nairobi
LOL... Nice one! Slow puncture!!!!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Sober
#3 Posted : Monday, November 15, 2010 9:53:26 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
VituVingiSana wrote:
LOL... Nice one! Slow puncture!!!!



nice choice of words. is here any linkage (in terms of finances) between the sameer park and the tyre company?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
alustaadh
#4 Posted : Monday, November 15, 2010 10:11:58 AM
Rank: Member


Joined: 11/6/2010
Posts: 222
Location: NAMANGA
truth be told, some chinesse brands are not only more durable, but cheaper than YANA.
It is humiliating to be associated with thieves and murderers.
arapsonkot
#5 Posted : Monday, November 15, 2010 11:15:59 AM
Rank: Member


Joined: 10/1/2010
Posts: 143
Location: kenya
Sober wrote:
VituVingiSana wrote:
LOL... Nice one! Slow puncture!!!!



nice choice of words. is here any linkage (in terms of finances) between the sameer park and the tyre company?


Not directly

They are all under the conglomeration of Sameer Group of companies Airtel included.

Sent from my iPad" is the new "Haters gonna hate".
VituVingiSana
#6 Posted : Monday, November 15, 2010 11:29:30 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,259
Location: Nairobi
arapsonkot wrote:
Sober wrote:
VituVingiSana wrote:
LOL... Nice one! Slow puncture!!!!



nice choice of words. is here any linkage (in terms of finances) between the sameer park and the tyre company?


Not directly

They are all under the conglomeration of Sameer Group of companies Airtel included

Airtel is 95% (or more) owned by Bharti Airtel... They are too smart to let him have control!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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