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James Mworia - HOW DOES THIS MAN DO IT!?
mpanzi
#1 Posted : Thursday, November 10, 2011 3:26:32 AM
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!
VituVingiSana
#2 Posted : Thursday, November 10, 2011 5:57:34 AM
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
youcan'tstopusnow
#3 Posted : Thursday, November 10, 2011 7:23:28 AM
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
youcan'tstopusnow
#4 Posted : Thursday, November 10, 2011 7:28:43 AM
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
Cde Monomotapa
#5 Posted : Thursday, November 10, 2011 7:35:38 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
So is Mr. Mworia a trend investor? #Casinonomics ;-)
guru267
#6 Posted : Thursday, November 10, 2011 8:30:36 AM
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.. smile

I dont see how interest rate hikes will affect housing valuations for EA...
Mark 12:29
Deuteronomy 4:16
digitek1
#7 Posted : Thursday, November 10, 2011 9:55:23 AM
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
miser
#8 Posted : Thursday, November 10, 2011 10:39:38 AM
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!!!
guru267
#9 Posted : Thursday, November 10, 2011 11:17:44 AM
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
mpanzi
#10 Posted : Thursday, November 10, 2011 11:32:49 AM
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?
Thiong'o
#11 Posted : Thursday, November 10, 2011 11:48:13 AM
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.

2012
#12 Posted : Thursday, November 10, 2011 11:54:06 AM
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
:)
tonicasert
#13 Posted : Thursday, November 10, 2011 8:46:49 PM
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.
youcan'tstopusnow
#14 Posted : Thursday, November 10, 2011 9:06:18 PM
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?smile
GOD BLESS YOUR LIFE
tonicasert
#15 Posted : Thursday, November 10, 2011 10:03:33 PM
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?smile


Well, only time will tell...smile
VituVingiSana
#16 Posted : Friday, November 11, 2011 9:51:10 AM
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.. smile

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
VituVingiSana
#17 Posted : Friday, November 11, 2011 9:53:10 AM
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
For Sport
#18 Posted : Friday, November 11, 2011 10:04:20 AM
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.
Realtreaty
#19 Posted : Friday, November 11, 2011 6:20:56 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
Sad 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?d'oh! d'oh!
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.

guru267
#20 Posted : Friday, November 11, 2011 6:28:38 PM
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
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