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The 20billion Curse

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selah		#1 Posted : Saturday, December 17, 2011 7:49:29 PM
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya		Can safaricom and the other heavy hitters like EABL,KQ, and now probably Equity Bank be prone to this curse. Apparently it is believed that once a company hits this figure it is difficult for it to grow any further so its time to bailout or be contented with the small dividend payouts. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Sufficiently Philanga....thropic		#2 Posted : Saturday, December 17, 2011 8:21:12 PM
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli		MJ seems to have known this and bailed out at the peak. For this,he was approached by the world bank. How about the 7percent 'curse'? Had baks been on top of his game like MJ,he wud have retired at 2007,when we did 7.1 He wud have earned his place in the history books and earning consultancy fees like MJ. Just picture Obama,Europe n the Chings approaching baks on Econ 101? Also wondering what would have happened had RAO taken over in 2008 n have to deal with the drought,GFC,PEV n worst of all,a 1.7percent growth in GDP!we wud probably have kicked him out by now through a no confidence vote! @SufficientlyP
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Cde Monomotapa		#3 Posted : Saturday, December 17, 2011 8:28:10 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		The industry shifted too fast to Safcom's detriment MJ indeed bowed out at the peak.
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Gordon Gekko		#4 Posted : Saturday, December 17, 2011 9:06:27 PM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		I'm not aware of this curse. When I ask google it brings up this post. So, 20B assets, turnover, net? Shillings or dollars or God forbid Zim dollars (do they still exist?)
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QW25081985		#5 Posted : Saturday, December 17, 2011 9:14:39 PM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		selah wrote: Can safaricom and the other heavy hitters like EABL,KQ, and now probably Equity Bank be prone to this curse. Apparently it is believed that once a company hits this figure it is difficult for it to grow any further so its time to bailout or be contented with the small dividend payouts. lol you can tell that to apple ,IBM, Microsoft , etc etc etc ... this so called curse doesnot make sense !
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youcan'tstopusnow		#6 Posted : Saturday, December 17, 2011 9:39:58 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		DECADE OF THE BANKS GOD BLESS YOUR LIFE
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Cde Monomotapa		#7 Posted : Sunday, December 18, 2011 7:00:39 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		youcan'tstopusnow wrote: DECADE OF THE BANKS
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Impunity		#8 Posted : Sunday, December 18, 2011 9:28:12 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada		Cde Monomotapa wrote: youcan'tstopusnow wrote: DECADE OF THE BANKS Stop Thinking. And be afraid to... Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Nabwire		#9 Posted : Monday, December 19, 2011 5:49:31 AM
Rank: Veteran Joined: 7/22/2011 Posts: 1,325		Impunity wrote: Cde Monomotapa wrote: youcan'tstopusnow wrote: DECADE OF THE BANKS Stop Thinking. And be afraid to... LOL kali sana
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