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ARM HY2017
Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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Angelica _ann wrote:obiero wrote:smitha wrote:I guess we will get more clarity in the next few days/weeks.
Hope it comes good for the private investors who bought ARM shares in good faith on the NSE. Hope is not an investment strategy. Anyone who bought ARM shares in the past two years can be considered reckless.. And those who bought it three months before suspension are insane men and women. Sorry to say. All writing was on the wall I hope CDC Group will protect us the small shareholders Unfortunately, you and your arrogance are on your own. The Omani Arabs have always been known as astute traders. They will leave minority shareholders high and dry HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Hatutaki "Open Offer" kwa ARM. If we (shareholders) are going to get nothing then it's better to know now than later. Close the books. I am not counting on getting anything so anything I get is a 100% bonus/profit! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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VituVingiSana wrote:Hatutaki "Open Offer" kwa ARM Haiwezi HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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When is re-listing due? What about the suitors/bidders what price has been offered? Githeri media anyone? Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Fyatu wrote:When is re-listing due? What about the suitors/bidders what price has been offered? Githeri media anyone? Forget your investment there and write it off 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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Ericsson wrote:Fyatu wrote:When is re-listing due? What about the suitors/bidders what price has been offered? Githeri media anyone? Forget your investment there and write it off This one we wrote off and moved on kabsaaaaa. 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: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Huku Mombasani Rhino 32.5 is retailing and is being bought and used for works...sijui huko mlipo? Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Fyatu wrote:Huku Mombasani Rhino 32.5 is retailing and is being bought and used for works...sijui huko mlipo? Company is under administration Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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From kinyozi to the mortician 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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Pesa Nane wrote:From kinyozi to the mortician This one is gone, we moved on. @Pesa nane welcome back/karibu shana shana shana 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: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Pesa Nane wrote:From kinyozi to the mortician Asante sana Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Quote:ARM Cement suitors get February deadlineFirms interested in buying out troubled ARM Cement have until the end of this month to make final offers to the company’s administrators PricewaterhouseCoopers (PwC). A new report sent by the administrators to ARM’s creditors has provided additional information on the status of the plans to sell the Nairobi Securities Exchange-listed firm to a strategic investor. “The deadline for submission of binding offers is February 28, 2019,” PwC said in the report seen by Business Daily. “We will keep you posted on the status of the transaction going forward as we progress our efforts aimed at reaching a suitable solution for the company’s challenges.” Non-disclosure agreementsPwC says 25 companies expressed their interest in taking over ARM, with 23 of these firms signing non-disclosure agreements which allowed them to receive additional information about the cement manufacturer. “Further to the above, in mid-December, we received a total of fourteen (14) non-binding offers (NBOs) from various interested parties,” PwC said. Due diligence“We reviewed these NBOs and shortlisted a number of parties whose offers best suited the objectives of the envisaged transaction to proceed to the next round of conducting their due diligence, with a view to submitting binding offers.” Ahead of making binding offers, the shortlisted potential acquirers are currently interviewing the company’s management teams and visiting its various cement plants. PwC says it cannot offer more detailed information, adding that it is keen on safeguarding the integrity of the transaction process. While the administrators did not name the shortlisted companies, they are believed to include Nigeria’s Dangote Cement and Oman’s Raysut–which went public with its Sh10.2 billion buyout offer. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Totally F'ed up "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: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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murchr wrote:Totally F'ed up
at least they will get 1/3 of their money back There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Pesa Nane wrote:Quote:ARM Cement suitors get February deadlineFirms interested in buying out troubled ARM Cement have until the end of this month to make final offers to the company’s administrators PricewaterhouseCoopers (PwC). A new report sent by the administrators to ARM’s creditors has provided additional information on the status of the plans to sell the Nairobi Securities Exchange-listed firm to a strategic investor. “The deadline for submission of binding offers is February 28, 2019,” PwC said in the report seen by Business Daily. “We will keep you posted on the status of the transaction going forward as we progress our efforts aimed at reaching a suitable solution for the company’s challenges.” Non-disclosure agreementsPwC says 25 companies expressed their interest in taking over ARM, with 23 of these firms signing non-disclosure agreements which allowed them to receive additional information about the cement manufacturer. “Further to the above, in mid-December, we received a total of fourteen (14) non-binding offers (NBOs) from various interested parties,” PwC said. Due diligence“We reviewed these NBOs and shortlisted a number of parties whose offers best suited the objectives of the envisaged transaction to proceed to the next round of conducting their due diligence, with a view to submitting binding offers.” Ahead of making binding offers, the shortlisted potential acquirers are currently interviewing the company’s management teams and visiting its various cement plants. PwC says it cannot offer more detailed information, adding that it is keen on safeguarding the integrity of the transaction process. While the administrators did not name the shortlisted companies, they are believed to include Nigeria’s Dangote Cement and Oman’s Raysut–which went public with its Sh10.2 billion buyout offer. Any info on the bid offers @Pesanane? Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Fyatu wrote:Pesa Nane wrote:Quote:ARM Cement suitors get February deadlineFirms interested in buying out troubled ARM Cement have until the end of this month to make final offers to the company’s administrators PricewaterhouseCoopers (PwC). A new report sent by the administrators to ARM’s creditors has provided additional information on the status of the plans to sell the Nairobi Securities Exchange-listed firm to a strategic investor. “The deadline for submission of binding offers is February 28, 2019,” PwC said in the report seen by Business Daily. “We will keep you posted on the status of the transaction going forward as we progress our efforts aimed at reaching a suitable solution for the company’s challenges.” Non-disclosure agreementsPwC says 25 companies expressed their interest in taking over ARM, with 23 of these firms signing non-disclosure agreements which allowed them to receive additional information about the cement manufacturer. “Further to the above, in mid-December, we received a total of fourteen (14) non-binding offers (NBOs) from various interested parties,” PwC said. Due diligence“We reviewed these NBOs and shortlisted a number of parties whose offers best suited the objectives of the envisaged transaction to proceed to the next round of conducting their due diligence, with a view to submitting binding offers.” Ahead of making binding offers, the shortlisted potential acquirers are currently interviewing the company’s management teams and visiting its various cement plants. PwC says it cannot offer more detailed information, adding that it is keen on safeguarding the integrity of the transaction process. While the administrators did not name the shortlisted companies, they are believed to include Nigeria’s Dangote Cement and Oman’s Raysut–which went public with its Sh10.2 billion buyout offer. Any info on the bid offers @Pesanane? Bid period extended to mid-March. Previously this info would be first published by the so-called leading business newspaper lakini it is clear watu huko Kimathi street wamelala fo fo fo https://kenyanwallstreet.com/dangote-still-interested-in-arm-cement/Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Fyatu wrote:Fyatu wrote:Pesa Nane wrote:Quote:ARM Cement suitors get February deadlineFirms interested in buying out troubled ARM Cement have until the end of this month to make final offers to the company’s administrators PricewaterhouseCoopers (PwC). A new report sent by the administrators to ARM’s creditors has provided additional information on the status of the plans to sell the Nairobi Securities Exchange-listed firm to a strategic investor. “The deadline for submission of binding offers is February 28, 2019,” PwC said in the report seen by Business Daily. “We will keep you posted on the status of the transaction going forward as we progress our efforts aimed at reaching a suitable solution for the company’s challenges.” Non-disclosure agreementsPwC says 25 companies expressed their interest in taking over ARM, with 23 of these firms signing non-disclosure agreements which allowed them to receive additional information about the cement manufacturer. “Further to the above, in mid-December, we received a total of fourteen (14) non-binding offers (NBOs) from various interested parties,” PwC said. Due diligence“We reviewed these NBOs and shortlisted a number of parties whose offers best suited the objectives of the envisaged transaction to proceed to the next round of conducting their due diligence, with a view to submitting binding offers.” Ahead of making binding offers, the shortlisted potential acquirers are currently interviewing the company’s management teams and visiting its various cement plants. PwC says it cannot offer more detailed information, adding that it is keen on safeguarding the integrity of the transaction process. While the administrators did not name the shortlisted companies, they are believed to include Nigeria’s Dangote Cement and Oman’s Raysut–which went public with its Sh10.2 billion buyout offer. Any info on the bid offers @Pesanane? Bid period extended to mid-March. Previously this info would be first published by the so-called leading business newspaper lakini it is clear watu huko Kimathi street wamelala fo fo fo https://kenyanwallstreet.com/dangote-still-interested-in-arm-cement/ hao siku hizi nikutafuta corruption scandals za DP Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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https://www.businessdailyafrica.com/corporate/companies/ARM-buyout-bids-deadline-extended-to-mid-March/4003102-5008040-2o32pt/index.html“The administrators, in consultation with the transaction advisers, extended bids submission deadline for bidders interested in ARM Cement PLC (under Administration) to mid-March following requests by several bidders for more time to allow them to finalise ongoing due diligence and put together binding offers that meet the administrators’ requirements,” Muniu Thoithi, a PwC executive and one of ARM’s administrators, said. somebody was most likely waiting for others to bid and appear last with highest bid There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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By the time PwC is through with ARM, 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: 6/23/2009 Posts: 13,519 Location: nairobi
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At least investors are assured of decency upon being asked to alight the KQ bus utapata change. Hii ARM unashukishwa na matusi bana HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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