Wazua
»
Investor
»
Stocks
»
James Mworia - HOW DOES THIS MAN DO IT!?
Rank: New-farer Joined: 1/6/2010 Posts: 26
|
Whatever the economic environment, this man is ever doing the right thing. I mean divesting in bad times & re-investing in good times. Does he stay awake while am asleep? Did he hear something the teacher said that I missed? Is he more blessed?
WHATEVER IT IS, he's worth learning from!
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
|
What I wanna know is... how much of the 'gain' shown is from 'unrealized gains' from Real Estate... With interest rates rising in Uganda & Kenya, not many will or can borrow to buy houses or properties thus the demand will drop = lower valuations for the properties! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
It will be a long wait to enjoy gains from the real estate ventures. GOD BLESS YOUR LIFE
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
2 months ago he was voted among one of Africa's youngest power men. Trancentury CEO was also awarded. Excerpts: At only 33, reads the citation, Mworia is the chief executive officer of Centum, one of East Africa’s largest private equity firms. Centum has a cross-listing on both the Nairobi and Ugandan stock exchanges, and has substantial regional equity investments in blue chips like Coca-Cola, UAP Insurance and Kenya Commercial Bank. Mworia has been instrumental in pursuing Centum’s regional expansion into new territory like Mauritius and Nigeria, adds the citation. On the other hand, Dr Kiuna is noted as having bagged a PhD in biotechnology from Cambridge at the age of 24. He went on to work for McKinsey & Company in Johannesburg where he helped in advising corporate clients on strategy and finance; advised the government of Kenya on the development of the Vision 2030 project. Now 33, the citation reads, Gachao sits at the helm of affairs of the Nairobi Stock Exchange-listed private equity powerhouse Transcentury Group. The company’s diversified portfolio is spread across sectors such as financial services, food and agriculture, energy, real estate and infrastructure in both East and South Africa. GOD BLESS YOUR LIFE
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
So is Mr. Mworia a trend investor? #Casinonomics ;-)
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
VituVingiSana wrote:What I wanna know is... how much of the 'gain' shown is from 'unrealized gains' from Real Estate...
With interest rates rising in Uganda & Kenya, not many will or can borrow to buy houses or properties thus the demand will drop = lower valuations for the properties! The number of people borrowing to acquire real estate in EA is neglible and the level of housing demand continues to rise with the population housing mismatch.. The number of total mortgage holders in kenya is only 15,500... Thats less than the number of students in UON.. I dont see how interest rate hikes will affect housing valuations for EA... Mark 12:29 Deuteronomy 4:16
|
|
Rank: Veteran Joined: 2/3/2010 Posts: 1,797 Location: Kenya
|
@guru the assumption that makes is that everybody is eligible and dying to take mortgage. ..far from it @ vvs is on the money I may be wrong..but then I could be right
|
|
Rank: Member Joined: 7/7/2008 Posts: 124
|
mpanzi wrote:Whatever the economic environment, this man is ever doing the right thing. I mean divesting in bad times & re-investing in good times. Does he stay awake while am asleep? Did he hear something the teacher said that I missed? Is he more blessed?
WHATEVER IT IS, he's worth learning from! Boss,he does nothing special!!!Ask Henry Ford....hire those who know-researchers included and pay them well!!!
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
digitek1 wrote:@guru @ vvs is on the money Sawa lets revisit property a year from now... They will be higher despite high interest rates.. Mark 12:29 Deuteronomy 4:16
|
|
Rank: New-farer Joined: 1/6/2010 Posts: 26
|
miser wrote:mpanzi wrote:Whatever the economic environment, this man is ever doing the right thing. I mean divesting in bad times & re-investing in good times. Does he stay awake while am asleep? Did he hear something the teacher said that I missed? Is he more blessed?
WHATEVER IT IS, he's worth learning from! Boss,he does nothing special!!!Ask Henry Ford....hire those who know-researchers included and pay them well!!! But surely, if he's doing no thing special, then everyone ought to make same level of achievement in their own field? Something about his personality, his network, and of course the hard skills I reckon. Can't be ordinary - otherwise he would not be at the helm of such a firm?
|
|
Rank: Member Joined: 10/14/2011 Posts: 661
|
mpanzi wrote:miser wrote:mpanzi wrote:Whatever the economic environment, this man is ever doing the right thing. I mean divesting in bad times & re-investing in good times. Does he stay awake while am asleep? Did he hear something the teacher said that I missed? Is he more blessed?
WHATEVER IT IS, he's worth learning from! Boss,he does nothing special!!!Ask Henry Ford....hire those who know-researchers included and pay them well!!! But surely, if he's doing no thing special, then everyone ought to make same level of achievement in their own field? Something about his personality, his network, and of course the hard skills I reckon. Can't be ordinary - otherwise he would not be at the helm of such a firm? @ Mpazi @ Miser, this is what the richest man in Babylon said/did..- Follow wise mans advice The Fourth Law of Gold Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep. To the man who hath gold, yet is not skilled in its handling, many uses for it appear most profitable. Too often these are fraught with danger of loss, and if properly analyzed by wise men, show small possibility of profit. Therefore, the inexperienced owner of gold who trusts to his own judgment and invests it in business or purposes with which he is not familiar, too often finds his judgment imperfect, and pays with his treasure for his inexperience. Wise, indeed is he who investeth his treasures under the advice of men skilled In the ways of gold." The Fifth Law of Gold Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment. "Fanciful propositions that thrill like adventure tales always come to the new owner of gold. These appear to endow his treasure with magic powers that will enable it to make impossible earnings. Yet heed ye the wise men for verily they know the risks that lurk behind every plan to make great wealth suddenly. "Forget not the rich men of Nineveh who would take no chance of losing their principal or tying it up in unprofitable investments.
|
|
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
miser wrote:mpanzi wrote:Whatever the economic environment, this man is ever doing the right thing. I mean divesting in bad times & re-investing in good times. Does he stay awake while am asleep? Did he hear something the teacher said that I missed? Is he more blessed?
WHATEVER IT IS, he's worth learning from! Boss,he does nothing special!!!Ask Henry Ford....hire those who know-researchers included and pay them well!!! Give credit where credit is due. Researchers only give you info and data. But it's for you to act. And if it's as easy as you put it then why isn't everyone doing it and getting the same results? People say that Steve Jobs only came up with ideas and other people executed them but hey, who do you credit with building and growing Apple? So well done Mworia! BBI will solve it :)
|
|
Rank: Member Joined: 3/10/2008 Posts: 301 Location: Abu Dhabi
|
I remember in the late 90's, Strathmore's McFie telling us that Mworia is one man to watch. Very sharp guy, used to get awards CPA, CIMA, etc. Even as you give credit to his team, I beleive he also deserves some.
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
tonicasert wrote:I remember in the late 90's, Strathmore's McFie telling us that Mworia is one man to watch. Very sharp guy, used to get awards CPA, CIMA, etc. Even as you give credit to his team, I beleive he also deserves some. Too good for Centum? GOD BLESS YOUR LIFE
|
|
Rank: Member Joined: 3/10/2008 Posts: 301 Location: Abu Dhabi
|
youcan'tstopusnow wrote:tonicasert wrote:I remember in the late 90's, Strathmore's McFie telling us that Mworia is one man to watch. Very sharp guy, used to get awards CPA, CIMA, etc. Even as you give credit to his team, I beleive he also deserves some. Too good for Centum? Well, only time will tell...
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
|
guru267 wrote:VituVingiSana wrote:What I wanna know is... how much of the 'gain' shown is from 'unrealized gains' from Real Estate...
With interest rates rising in Uganda & Kenya, not many will or can borrow to buy houses or properties thus the demand will drop = lower valuations for the properties! The number of people borrowing to acquire real estate in EA is neglible and the level of housing demand continues to rise with the population housing mismatch.. The number of total mortgage holders in kenya is only 15,500... Thats less than the number of students in UON.. I dont see how interest rate hikes will affect housing valuations for EA... Sawa... let's wait & see... *shrugs* best thing is to look at defaults or restructuring... It is a lie to say (many) folks do not borrow to buy land/properties in Kenya. If not from banks, then family, then friends, then SACCOs, then informal sources... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
|
guru267 wrote:digitek1 wrote:@guru @ vvs is on the money Sawa lets revisit property a year from now... They will be higher despite high interest rates.. What's the underlying asset we use? There are no share prices, etc... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Veteran Joined: 12/23/2010 Posts: 1,229
|
guru267 wrote:digitek1 wrote:@guru @ vvs is on the money Sawa lets revisit property a year from now... They will be higher despite high interest rates.. Fact.
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
What game is he playing then by not posting the bonus shares and letting them trade? Last year bonus started trading by October 2010. What about This 2011 bonus share posting? For Sport wrote:guru267 wrote:digitek1 wrote:@guru @ vvs is on the money Sawa lets revisit property a year from now... They will be higher despite high interest rates.. Fact.
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
VituVingiSana wrote:guru267 wrote:digitek1 wrote:@guru @ vvs is on the money Sawa lets revisit property a year from now... They will be higher despite high interest rates.. What's the underlying asset we use? There are no share prices, etc... Isnt there a property index of some kind in kenya?? This should be sufficient for our argument.. Mark 12:29 Deuteronomy 4:16
|
|
Wazua
»
Investor
»
Stocks
»
James Mworia - HOW DOES THIS MAN DO IT!?
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|