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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mwekez@ji wrote:Centum home page talks of results to be released tomorrow at 7am >>> linkHowever, the "Centum Invite to Briefing Note" talks of the results being released tomorrow but at 3pm >>> link#Confusion galore. 7am? 3pm? What time will it be? 7am it is
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Rank: Elder Joined: 8/16/2011 Posts: 2,388
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mwekez@ji wrote:Centum home page talks of results to be released tomorrow at 7am >>> linkHowever, the "Centum Invite to Briefing Note" talks of the results being released tomorrow but at 3pm >>> link#Confusion galore. 7am? 3pm? What time will it be? Agreeing in their office briefs at 7-9am and posting the records to other officials entities (CMA, NSE,CDSC,PS, etc) at 3PM is most likely scenario. Expect 1:10 or Zero or 80cts per share. 
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Rank: Elder Joined: 8/16/2011 Posts: 2,388
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mwekez@ji wrote:Realtreaty wrote:Hehheeeee  life like that!!!! Centum Investment Company has ventured into fund management business after receiving a licence to open a new asset management subsidiary. Centum Asset Managers Limited (CAM) will start off managing a portfolio of Sh6 billion, the firm said on Monday in a statement  >How profitable is Asset Management? Net profit margin figures are welcomed >Centum has been having a portfolio of assets under management. How different is that from what they are now talking about? It is like having a Jersey cow for five years that you sell milk from, then use the proceeds to buy a Fresian cow to pour more milk and keep the two!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Realtreaty wrote:mwekez@ji wrote:Realtreaty wrote:Hehheeeee life like that!!!! Centum Investment Company has ventured into fund management business after receiving a licence to open a new asset management subsidiary. Centum Asset Managers Limited (CAM) will start off managing a portfolio of Sh6 billion, the firm said on Monday in a statement >How profitable is Asset Management? Net profit margin figures are welcomed >Centum has been having a portfolio of assets under management. How different is that from what they are now talking about? It is like having a Jersey cow for five years that you sell milk from, then use the proceeds to buy a Fresian cow to pour more milk and keep the two! So these are similar business lines. Why operate them as two rather than one?
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Rank: Elder Joined: 8/16/2011 Posts: 2,388
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mwekez@ji wrote:Realtreaty wrote:mwekez@ji wrote:Realtreaty wrote:Hehheeeee life like that!!!! Centum Investment Company has ventured into fund management business after receiving a licence to open a new asset management subsidiary. Centum Asset Managers Limited (CAM) will start off managing a portfolio of Sh6 billion, the firm said on Monday in a statement >How profitable is Asset Management? Net profit margin figures are welcomed >Centum has been having a portfolio of assets under management. How different is that from what they are now talking about? It is like having a Jersey cow for five years that you sell milk from, then use the proceeds to buy a Fresian cow to pour more milk and keep the two! So these are similar business lines. Why operate them as two rather than one? Yes, expansion does not only mean going to another country but also starting another line of production without disturbing the existing lines with the same aim.......see when paka ready bought flamingo industries, or Sameer Africa aka Yana brought in sameer business park and soon the Re-tread business. Coop bank with the kingdom securities etc
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