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Sameer inks deal with China firm for cheaper tyres
Realtreaty
#21 Posted : Tuesday, September 23, 2014 12:49:01 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
When is Merali playing his ACE card? Is it a Heart or a Diamond?
It seems the Partner was looking for a larger share (majority) to give it more authority to enter African markets enjoining Egypt and SouthAfrica who flood our EastAfrican market with cheaper tyres.
With AlFuttaim in the market, one of the largest dealer on Motorvehicle, spares, and other accessories, the partner will take Sameer Yana to good endings as it may still have some attachment to Al Futtaim.
The Arabs will do good trade in Kenya. The growth of Dubai motor industry (Commercial) is as a result of such companies as Al Futtaim.
Second hand clean vehicles and machinery will be its main target in Africa. They do business through contracts. Could they contract Sameer for Tyres?
Realtreaty
#22 Posted : Monday, October 20, 2014 11:12:34 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Sameerafrica seems ready for the new partner and I wonder who is pulling the strings slowly. The Managing Director Mr Allan Walmsley has improved the website and it seems good. It even tells you to improve your browser meaning they are much ahead.
When is the end of the wait or are we expecting it to go 2015?
kenyans are now buying more Sameer products (Tyres) and with the many Motorbikes we might see more improvement on profits though much of the tyres are from SriLanka one reason Mahidra rajapaske love visiting Kenya. Why Sameer has not taken sole distributorship of rubber products from SriLanka?
We expected Merali and Walmsley to make announcement October but its ending.
sparkly
#23 Posted: : Tuesday, October 21, 2014 8:47:21 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@RT here is some useless trivia. Sameer is Merali's son and Yana his daughter. Yes that's right. The company is named after his son and the leading brand after his daughter. This is a family duka with minority as observers.
Life is short. Live passionately.
Realtreaty
#24 Posted : Monday, December 01, 2014 4:30:17 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Merali still snorling!!!! Some few months already passed and now we re talking of a fully Half year waiting and investing. This is December Month now, any tangible decission or all for New Year?
Realtreaty
#25 Posted : Friday, December 12, 2014 8:31:35 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Sameer was in the book of life?

Sameer Africa Limited Scoops 2014 FiRe Awards Medals
Sameer Africa Limited was voted the overall winner IFRS Category, in the just concluded 2014 FiRe Awards held on 24th October at the prestigious Safari Park Hotel in Nairobi. The IFRS category of FiRe Awards recognizes excellence in compliance to International Financial Reporting Standards (IFRS).
The company was also voted the 1st Runners Up in both the Industrial, Commercial & Services (ICS) category, and the Listed Entities category.
The awards are as a result of a rigorous evaluation process using globally accepted principles and best practice standards. The key objectives of the FiRe Awards are three fold.
Promotion of financial reporting excellence.
Fostering of best corporate governance practices.
Enhancing corporate social investment and environmental reporting.
Sameer Africa laid out its 2013 Financial Statement and Annual Report in a 133-page book, themed ‘Development, Growth and Innovation’.
Realtreaty
#26 Posted : Friday, December 12, 2014 8:33:21 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Sameer was in the book of life?

Sameer Africa Limited Scoops 2014 FiRe Awards Medals
Sameer Africa Limited was voted the overall winner IFRS Category, in the just concluded 2014 FiRe Awards held on 24th October at the prestigious Safari Park Hotel in Nairobi. The IFRS category of FiRe Awards recognizes excellence in compliance to International Financial Reporting Standards (IFRS).
The company was also voted the 1st Runners Up in both the Industrial, Commercial & Services (ICS) category, and the Listed Entities category.
The awards are as a result of a rigorous evaluation process using globally accepted principles and best practice standards. The key objectives of the FiRe Awards are three fold.
Promotion of financial reporting excellence.
Fostering of best corporate governance practices.
Enhancing corporate social investment and environmental reporting.
Sameer Africa laid out its 2013 Financial Statement and Annual Report in a 133-page book, themed ‘Development, Growth and Innovation’.
Realtreaty
#27 Posted : Monday, March 23, 2015 1:35:25 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Sad d'oh!
Merali is playing Cricket with Airtel and does not care about Yana any more
He is cleaning the room for FY2014 details......too much garbage in the roomd'oh!
He may not even know where to start
He has no full story on Partnership....why things did not go as planned is a story he will be telling.
Was there a profit warning during the HY2014?
The want all Merali scared the partner.
He buys bridgestone when stock was low but really wanted to sell it at a double what he got and come out and say how he is a sharp businessman.
Airtel....EcoBank......what Next?
Realtreaty
#28 Posted : Wednesday, March 25, 2015 10:28:17 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Sickquot; Sickquot;
Just calling Merali, tell him time is up!!!!Laughing out loudly Laughing out loudly Sickquot;
I can see so many Yana wheels on the road today....what does that mean...?
Realtreaty
#29 Posted : Thursday, March 26, 2015 10:36:27 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Shame on you Shame on you Shame on you Liar Liar Sad Sad Silenced Sickamp;
Same Merali....who will move me away far from him.
I said the room is full of Garbage...he did not know where to start cleaning!!!!
murchr
#30 Posted : Thursday, March 26, 2015 2:21:40 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
sparkly wrote:
@RT here is some useless trivia. Sameer is Merali's son and Yana his daughter. Yes that's right. The company is named after his son and the leading brand after his daughter. This is a family duka with minority as observers.



Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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