Wazua
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Express Kenya Ltd HY16
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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This story line... "..the Company's revenue has dropped mainly due to the upcoming real estate sector which has led to the company reducing the number of warehouses to pave way for the new buildings." Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Listed company with a turnover of Kshs 30m! That is the turnover of a local estate hardware shop. Life is short. Live passionately.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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These company was reliant on kenya breweries tender.When it was terminated,that was their end.Now planning to go to real estate? another home afrika,stanlib ireit and fusion reit fiasco. Towards the goal of financial freedom
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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sparkly wrote:Listed company with a turnover of Kshs 30m! That is the turnover of a local estate hardware shop. some wazuans are making more than that in a year after taxes KEGN, KPLC, KQ, SCOM
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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@Ebenyo,Sparkly It's tough doing business in Kenya watu wanaumia. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Considerable business stolen from them by former employees forming their own outfits. i know such 3 outfits offering more efficient services at better costs. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Shiro be damned  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Then they start stealing the working capital all over again  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Now liquidating assets; This share should have hit 1 bob by now http://www.businessdaily...06282-vgupj2z/index.htmlAfrican parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 8/17/2007 Posts: 294
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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When the SGR starts operating this one will be deadwood "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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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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murchr wrote:When the SGR starts operating this one will be deadwood Why? [I do NOT trust the management. The chairman is the same dude who chairs Olympia. Go figure.] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:murchr wrote:When the SGR starts operating this one will be deadwood Why? [I do NOT trust the management. The chairman is the same dude who chairs Olympia. Go figure.] The management ran out of ideas. Mara matatus, mara real estate. Totally bankrupt of ideas Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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sparkly wrote:VituVingiSana wrote:murchr wrote:When the SGR starts operating this one will be deadwood Why? [I do NOT trust the management. The chairman is the same dude who chairs Olympia. Go figure.] The management ran out of ideas. Mara matatus, mara real estate. Totally bankrupt of ideas Yes, but what has Express to do with the commencement of the operations of the SGR? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:murchr wrote:When the SGR starts operating this one will be deadwood Why? [I do NOT trust the management. The chairman is the same dude who chairs Olympia. Go figure.] The management ran out of ideas. Mara matatus, mara real estate. Totally bankrupt of ideas Yes, but what has Express to do with the commencement of the operations of the SGR? Die a natural death!....like deadwood "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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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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murchr wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:murchr wrote:When the SGR starts operating this one will be deadwood Why? [I do NOT trust the management. The chairman is the same dude who chairs Olympia. Go figure.] The management ran out of ideas. Mara matatus, mara real estate. Totally bankrupt of ideas Yes, but what has Express to do with the commencement of the operations of the SGR? Die a natural death!....like deadwood It died a long time ago SGR or no SGR. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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sparkly wrote:murchr wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:murchr wrote:When the SGR starts operating this one will be deadwood Why? [I do NOT trust the management. The chairman is the same dude who chairs Olympia. Go figure.] The management ran out of ideas. Mara matatus, mara real estate. Totally bankrupt of ideas Yes, but what has Express to do with the commencement of the operations of the SGR? Die a natural death!....like deadwood It died a long time ago SGR or no SGR. Bingo! It's like KQ blaming ebola for its dismal performance while ignoring corruption, theft, mismanagement, etc... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/17/2011 Posts: 627 Location: Mbui-Nzau, Kikumbulyu
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Blame that guy nkomondou ...hope i got it right but they could have re-engineered logistics right from last mile to global the eastern sea board is about to super expload ..SGR would have been a leverage not a hinderance. The pie is still big even for their presence i am yet to see another logistics oriented firm listed
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