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MO IBRAHIM INTERESTED IN NAKUMATT
QD
#1 Posted : Monday, March 29, 2010 12:52:12 PM
Rank: Member


Joined: 8/5/2009
Posts: 597
Was watching CNBCA the other day and they commented something like this. Could this be the reason behind Nakumatt consolidation lately i.e acquiring woolmat
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
VituVingiSana
#2 Posted : Monday, March 29, 2010 1:07:30 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
That is old news. He is using his firm (Satya Capital) to do so... Woolmatt acquisition probably unrelated to Mo rather the need for Nakumatt to return Downtown (after the fire)
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#3 Posted : Monday, March 29, 2010 1:19:23 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@QD he's just interested... nothing has even been put on paper yet... current expansion is an internal decision...
Mark 12:29
Deuteronomy 4:16
QD
#4 Posted : Tuesday, March 30, 2010 12:29:26 PM
Rank: Member


Joined: 8/5/2009
Posts: 597
Thanx guys atleast am informed
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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