wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

12 Pages«<678910>»
Centum half year results 2017/2018
Options
Previous Topic · Next Topic
VituVingiSana
#71 Posted : Wednesday, May 02, 2018 11:38:20 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,343
Location: Nairobi
kawi254 wrote:
Carrefour to open in Village Market. I see the high net worth traffic to Two Rivers reducing.

"Market" vs "Hypermarket" but traffic to Two Rivers may reduce though Two Rivers offers a lot more than just Carrefour.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Ericsson
#72 Posted : Friday, May 11, 2018 6:49:16 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ericsson wrote:
VituVingiSana wrote:
I will take a contrarian view. Centum is a "Tier 2" holding for me but an important one.

1) DJ remains very important as a rainmaker for Centum BUT Mworia is no slouch. With a huge AUM, folks take his call. He has been instrumental in Centum's growth in NAV over the past few years.
2) Not all deals will be profitable. Some may fail spectacularly BUT as long as the overall portfolio does well...
3) Mworia has skin in the game. I like that.
4) Vipingo will be a huge cashcow for years to come. It might not produce cash until after 2023 [elections are an issue]

I am not a trader so I can wait a few years to enjoy the fruits...


All the best


@vvs
Second year of profit decline

https://www.businessdail...55482-39j90r/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Spikes
#73 Posted : Friday, May 11, 2018 9:32:37 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Ericsson wrote:
Ericsson wrote:
VituVingiSana wrote:
I will take a contrarian view. Centum is a "Tier 2" holding for me but an important one.

1) DJ remains very important as a rainmaker for Centum BUT Mworia is no slouch. With a huge AUM, folks take his call. He has been instrumental in Centum's growth in NAV over the past few years.
2) Not all deals will be profitable. Some may fail spectacularly BUT as long as the overall portfolio does well...
3) Mworia has skin in the game. I like that.
4) Vipingo will be a huge cashcow for years to come. It might not produce cash until after 2023 [elections are an issue]

I am not a trader so I can wait a few years to enjoy the fruits...


All the best


@vvs
Second year of profit decline

https://www.businessdail...55482-39j90r/index.html


Capitulation is here to stay...
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Back to top
  |
tandich
#74 Posted : Friday, May 11, 2018 9:35:16 AM
Rank: Member

Joined: 5/6/2008
Posts: 199
CMA must crack down on these late profit warnings. After all, is it a warning when it is not issued, by definition, in advance? Who believes the Directors when they say they've just realised the decline in earnings almost 1.5 months after year end?
Back to top
  | | Edit by user: Friday, May 11, 2018 9:37 AM | Reason: Typo
watesh
#75 Posted : Friday, May 11, 2018 9:37:42 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Profit warning and they way they awarded themselves FAT bonuses....
Back to top
WWW
  |
Pesa Nane
#76 Posted : Friday, May 11, 2018 10:26:34 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:

@vvs
Second year of profit decline

https://www.businessdail...55482-39j90r/index.html



Pesa Nane plans to be shilingi when he grows up.
Back to top
  |
VituVingiSana
#77 Posted : Friday, May 11, 2018 10:52:27 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,343
Location: Nairobi
Ericsson wrote:
Ericsson wrote:
VituVingiSana wrote:
I will take a contrarian view. Centum is a "Tier 2" holding for me but an important one.

1) DJ remains very important as a rainmaker for Centum BUT Mworia is no slouch. With a huge AUM, folks take his call. He has been instrumental in Centum's growth in NAV over the past few years.
2) Not all deals will be profitable. Some may fail spectacularly BUT as long as the overall portfolio does well...
3) Mworia has skin in the game. I like that.
4) Vipingo will be a huge cashcow for years to come. It might not produce cash until after 2023 [elections are an issue]

I am not a trader so I can wait a few years to enjoy the fruits...


All the best


@vvs
Second year of profit decline

https://www.businessdail...55482-39j90r/index.html
I am going with keep the faith but watch closely! As WB says, we don’t mind lumpy 15% returns vs straight 12% returns. For now, I believe in their strategy, but I did screw up with KQ, even KK under Segman and there’s KenRe... So never say never!

Berkshire Hathaway made a Q1 accounting loss. This isn’t BH’s first loss but it has an excellent track record by playing the long game. BH even takes short-term (accounting) losses for a longer term (real) profit.
And yes, I know Centum isn’t BH.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Friday, May 11, 2018 11:16 AM | Reason: Not specified
Ericsson
#78 Posted : Friday, May 11, 2018 11:28:03 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Ericsson wrote:
VituVingiSana wrote:
I will take a contrarian view. Centum is a "Tier 2" holding for me but an important one.

1) DJ remains very important as a rainmaker for Centum BUT Mworia is no slouch. With a huge AUM, folks take his call. He has been instrumental in Centum's growth in NAV over the past few years.
2) Not all deals will be profitable. Some may fail spectacularly BUT as long as the overall portfolio does well...
3) Mworia has skin in the game. I like that.
4) Vipingo will be a huge cashcow for years to come. It might not produce cash until after 2023 [elections are an issue]

I am not a trader so I can wait a few years to enjoy the fruits...


All the best


@vvs
Second year of profit decline

https://www.businessdail...55482-39j90r/index.html
I am going with keep the faith but watch closely! As WB says, we don’t mind lumpy 15% returns vs straight 12% returns. For now, I believe in their strategy, but I did screw up with KQ, even KK under Segman and there’s KenRe... So never say never!

Berkshire Hathaway made a Q1 accounting loss. This isn’t BH’s first loss but it has an excellent track record by playing the long game. BH even takes short-term (accounting) losses for a longer term (real) profit.
And yes, I know Centum isn’t BH.


My fren you are going to be screwed again by Mworia.
Look also at the debt level too.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#79 Posted : Friday, May 11, 2018 11:40:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,343
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Ericsson wrote:
VituVingiSana wrote:
I will take a contrarian view. Centum is a "Tier 2" holding for me but an important one.

1) DJ remains very important as a rainmaker for Centum BUT Mworia is no slouch. With a huge AUM, folks take his call. He has been instrumental in Centum's growth in NAV over the past few years.
2) Not all deals will be profitable. Some may fail spectacularly BUT as long as the overall portfolio does well...
3) Mworia has skin in the game. I like that.
4) Vipingo will be a huge cashcow for years to come. It might not produce cash until after 2023 [elections are an issue]

I am not a trader so I can wait a few years to enjoy the fruits...


All the best


@vvs
Second year of profit decline

https://www.businessdail...55482-39j90r/index.html
I am going with keep the faith but watch closely! As WB says, we don’t mind lumpy 15% returns vs straight 12% returns. For now, I believe in their strategy, but I did screw up with KQ, even KK under Segman and there’s KenRe... So never say never!

Berkshire Hathaway made a Q1 accounting loss. This isn’t BH’s first loss but it has an excellent track record by playing the long game. BH even takes short-term (accounting) losses for a longer term (real) profit.
And yes, I know Centum isn’t BH.


My fren you are going to be screwed again by Mworia.
Look also at the debt level too.

A Tier 2 holding for me. My core holdings are relatively low debt:equity. I shall watch closely!!! Thanks.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
obiero
#80 Posted : Friday, May 11, 2018 12:31:38 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Ericsson wrote:
VituVingiSana wrote:
I will take a contrarian view. Centum is a "Tier 2" holding for me but an important one.

1) DJ remains very important as a rainmaker for Centum BUT Mworia is no slouch. With a huge AUM, folks take his call. He has been instrumental in Centum's growth in NAV over the past few years.
2) Not all deals will be profitable. Some may fail spectacularly BUT as long as the overall portfolio does well...
3) Mworia has skin in the game. I like that.
4) Vipingo will be a huge cashcow for years to come. It might not produce cash until after 2023 [elections are an issue]

I am not a trader so I can wait a few years to enjoy the fruits...


All the best


@vvs
Second year of profit decline

https://www.businessdail...55482-39j90r/index.html
I am going with keep the faith but watch closely! As WB says, we don’t mind lumpy 15% returns vs straight 12% returns. For now, I believe in their strategy, but I did screw up with KQ, even KK under Segman and there’s KenRe... So never say never!

Berkshire Hathaway made a Q1 accounting loss. This isn’t BH’s first loss but it has an excellent track record by playing the long game. BH even takes short-term (accounting) losses for a longer term (real) profit.
And yes, I know Centum isn’t BH.


My fren you are going to be screwed again by Mworia.
Look also at the debt level too.

A Tier 2 holding for me. My core holdings are relatively low debt:equity. I shall watch closely!!! Thanks.

I met the DJ at Nairobi Hospital last night and he wasn't looking good at all. It is my hope that he pulls through.. Centum's fortunes are tied to the man, in a manner unlike any other listed firm at the NSE

KQ ABP 4.26
Back to top
WWW
  |
12 Pages«<678910>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.