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Avalanche		#1 Posted : Wednesday, March 03, 2010 8:46:14 AM
Rank: Member Joined: 3/8/2007 Posts: 10		Guys! When is the books closure for Sameer?
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ecstacy		#2 Posted : Wednesday, March 03, 2010 9:31:43 AM
Rank: Elder Joined: 2/26/2008 Posts: 4,449		NSE: Sameer Africa ann'ced a 1st & final dividend of shs.0.50 on 26-Feb-2010.Payment date 14-May-2010.
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Avalanche		#3 Posted : Wednesday, March 03, 2010 11:19:46 AM
Rank: Member Joined: 3/8/2007 Posts: 10		Well, still wanted to know if they closed books. Am not good in interpreting the financial terms. Kindly assist.
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2012		#4 Posted : Wednesday, March 03, 2010 12:16:54 PM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		Avalanche wrote: Well, still wanted to know if they closed books. Am not good in interpreting the financial terms. Kindly assist. I think it's 26th March. BBI will solve it :)
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ecstacy		#5 Posted : Wednesday, March 03, 2010 3:06:54 PM
Rank: Elder Joined: 2/26/2008 Posts: 4,449		NSE have further updated this info: Sameer Africa ann'ced a 1st & final dividend of shs.0.50 on 26-Feb-2010. Books closure 16-Apr-2010. Payment date 14-May-2010.
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cnn		#6 Posted : Saturday, March 06, 2010 9:36:49 AM
Rank: Veteran Joined: 6/17/2009 Posts: 1,619		So much for the distrust for Merali,surely something positive will come from the Biz park.I am buying into this.
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sparkly		#7 Posted : Saturday, March 06, 2010 11:28:48 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		cnn wrote: So much for the distrust for Merali,surely something positive will come from the Biz park.I am buying into this. @cnn sameer owns 25% of the business park. The rest is owned by merali's other private businesses. Of course he will gain handsomely. Proceed with knowledge Life is short. Live passionately.
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Gordon Gekko		#8 Posted : Saturday, March 06, 2010 11:41:02 AM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		@cnn, the park is not a part of Firestone, like it is not a part of Sasini or Dimension Data or KDN. Buying into Sameer (Yana) will not give you ownership of the Park.
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cnn		#9 Posted : Saturday, March 06, 2010 2:40:19 PM
Rank: Veteran Joined: 6/17/2009 Posts: 1,619		@GG,in the outlook for 2010,Sameer points to diversification,and mentions the Sameer business park...the just released annual report refers. @spakly,thanks;but any idea of the value?
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cnn		#10 Posted : Saturday, March 06, 2010 3:49:25 PM
Rank: Veteran Joined: 6/17/2009 Posts: 1,619		The cost is 2.2 billion shillings.On 8.8 acres of land.500 000sq ft of office space,showrooms and retail shops over 5 blocks. I have no idea on the charges per sq ft.
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VituVingiSana		#11 Posted : Saturday, March 06, 2010 8:43:32 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi		As mentioned... Only 25% owned by Sameer Africa (tyres)... Which means all can be hidden by the other 75% coz it need not be consolidated or audited by Sameer Tyres auditors... merali - proceed at your own risk Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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jimmy007		#12 Posted : Monday, March 08, 2010 7:14:19 AM
Rank: New-farer Joined: 3/8/2010 Posts: 5 Location: india		have you ever been to stock market when were you first joined this market reply. Subaru parts
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mv_ufanisi		#13 Posted : Tuesday, March 09, 2010 10:22:16 AM
Rank: Member Joined: 1/15/2010 Posts: 625		I second VVS - any Merali controlled stocks are to be approached with extreme caution. Profits might generate but you are not sure that they will accrue to the shareholders.
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sparkly		#14 Posted : Tuesday, March 09, 2010 11:56:28 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Mereli is a gambler per excellence. Other shareholders are collateral in his schemes. Life is short. Live passionately.
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VituVingiSana		#15 Posted : Tuesday, March 09, 2010 12:03:20 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi		merali lines his pocket at shareholder expense... he has the inside info we do not... Sameer Park is only 25% owned by Sameer Tyres... The cream will be eaten... merali firms supply goods & services (including 'management') to all his listed firms... So he gets much more beyond the 'dividend'... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana		#16 Posted : Tuesday, April 13, 2010 8:49:50 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi		Nation - Merali & insider trading at Uchumi... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mkonomtupu		#17 Posted : Tuesday, April 13, 2010 10:04:49 AM
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road		VituVingiSana wrote: Nation - Merali & insider trading at Uchumi... Very interesting read. And they call him shrewed
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mapengo		#18 Posted : Tuesday, April 13, 2010 12:27:12 PM
Rank: New-farer Joined: 1/20/2010 Posts: 27 Location: kenya		Totally agree rem the kencell deal!!
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the deal		#19 Posted : Tuesday, April 13, 2010 12:53:06 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		totally agree invest in this sameer companies with extreme caution...merali is a big schemer with lots of money in his pocket...
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HaMaina		#20 Posted : Monday, August 26, 2019 3:40:07 PM
Rank: Veteran Joined: 4/23/2014 Posts: 909		Sameer Africa Is Going Down “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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