obiero wrote:sparkly wrote:muandiwambeu wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/Paunranas-lose-Sh17bn-ARM-wealth-in-3-years/4003102-4107166-14xur7i/index.html
Horror debt based capex news. Will they go it full hog like kqueer.
So sad. Debt restructuring should be on full gear now. The earlier the better. I wonder to know if some managers know the meaning of sensitivity analysis before making choices to evaluate their exposure to financial vanities.
Kukopa harusi kulipa matanga.
Many businesses have been impacted by the corruption in Kenya, coupled with insane policy direction. ARM is a
victim of circumstance
Its clear this company is in deep hole to be polite. Debt distress call has been the central issue probably for the last three years. Only that the thing has spillowed out of control as it looks currently. Some serious beating is on the way.
Historical background check.
Arm looks for a strategic investor
CDC comes in with money bags
Tanzania business experiencing turbulence due microeconomics...compe rohosafi
ARM in a rigorous attempt to spin off fully owned fert subsidiary to resolve liquidity issues
Pilling loss position
Management acknowledges all is not well with cash position and tz business.
My take home
Widening loss position implies more hair cuts on value
Dangote means ring of fire marketing strategies hence probable loss of market share and thus further haircuts
Hard cash position means constrained financial flexibility hence nonoptimal financial and operations decisions thus further haircuts
Home ground not likely to see much footing courtesy of hard macro and microeconomics.
Could I start receing SOS calls in the meantime.
,Behold, a sower went forth to sow;....