I hope the firm survives. I have no ARM shares but I like competition that helps keep prices in check.
Going in huge into TZ, using debt, turned out to be disastrous to ARM. Except for DTB, does any other listed KE firm make a decent ROI in TZ?

They got some good cash injection from a UK firm in exchange for equity stake.The latest results doesnt point to a good outlook.So what could be the problem here?

ARM went into a price war with established players and came out worse. They got angel investors to bail them out. If the angel investors stick around abit longer ARM will be n bigger than Bamburi.

The UK firm might grow weary of losses.Recently they sold their fertilizer manufacturing unit(mavuno).Then they are really having it tough in Tanzania.They are disposing some assets their in oder to repay debts.

Iam tempted to concur with you. The Rhino cement brand is nowhere to be seen. Hardware stores are no longer painted with Rhino colours. Most are branded Bamburi. In areas of Kitengela, Athi river, Machakos the cement of choice is Simba. When you go to Kiambu and most parts of Nairobi, the fundis are using blue triangle. Mo-shaina(chinese) are using Savanna and Bamburi for those flyovers. I have witnessed a 12 floor building in Mombasa being built using Mombasa cement(beams, shutter and all). Huko Lamu port the cement is powercrete 52.5 and probably Rhino 52.5(i have never seen a ready mix lorry branded ARM). I am told huko Western and North rift there is a new cement brand known as RAI.However, looking at the cement consumption data in the whole world, Kenya and other East African countries are still on the lower percentile of cement consumption meaning there are still great opportunities. Thats why Dangote is still very interested the Kenyan market. ....kwa hayo yote. There is still hope for ARM

Just read somewhere that Dangote has licences for 2 cement factories one near Mombasa and one near nairobi. Should be fun times for listed cement cos.

It will be hard.ARM and EAPC are in losses.Bamburi is facing volatility.If Dangote lists in NSE,it will give us more options.

Dangote is interested in acquiring one of the Cement manufacturers most probable candidate being ARM.
EAPC, Bamburi with a 42% stake has the first right and they have been interested in taking majority stake.