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ARM Cement HY18
Rank: New-farer Joined: 7/16/2018 Posts: 23
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There could be more bidders than we thought. The devil is in the details.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Bishofu wrote:There could be more bidders than we thought. The devil is in the details. A bidder may want to buy a "clean" ARM so the assets may be sold/transferred to the new buyer. The banks and creditors may be paid off in full BUT the administrators have no incentive to pay shareholders as long as they can bill and get paid a few millions/month. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Dalili ya mvua....  Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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 I had even forgotten about ARM. What's the point? They should just tell the bondholders what they will get once the bids are sorted out. As for the shareholders like me, don't bother waiting. Move on as I have done so. 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: 13,516 Location: nairobi
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VituVingiSana wrote: I had even forgotten about ARM. What's the point? They should just tell the bondholders what they will get once the bids are sorted out. As for the shareholders like me, don't bother waiting. Move on as I have done so. Let this company keep quiet. Pole to the 'investors'
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: 4/4/2016 Posts: 1,997 Location: Kitale
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obiero wrote:VituVingiSana wrote: I had even forgotten about ARM. What's the point? They should just tell the bondholders what they will get once the bids are sorted out. As for the shareholders like me, don't bother waiting. Move on as I have done so. Let this company keep quiet. Pole to the 'investors' One investment Lesson from ARM,Uchumi,KQ and Mumias is: Never invest in a company with a debt to equity ratio of 80% and above. Towards the goal of financial freedom
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Rank: Member Joined: 3/20/2008 Posts: 503
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Ebenyo wrote:obiero wrote:VituVingiSana wrote: I had even forgotten about ARM. What's the point? They should just tell the bondholders what they will get once the bids are sorted out. As for the shareholders like me, don't bother waiting. Move on as I have done so. Let this company keep quiet. Pole to the 'investors' One investment Lesson from ARM,Uchumi,KQ and Mumias is: Never invest in a company with a debt to equity ratio of 80% and above. 80% is too high. Change that to 35%.....The way things are going, even Centum ain't safe
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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xxxxx wrote:Ebenyo wrote:obiero wrote:VituVingiSana wrote: I had even forgotten about ARM. What's the point? They should just tell the bondholders what they will get once the bids are sorted out. As for the shareholders like me, don't bother waiting. Move on as I have done so. Let this company keep quiet. Pole to the 'investors' One investment Lesson from ARM,Uchumi,KQ and Mumias is: Never invest in a company with a debt to equity ratio of 80% and above. 80% is too high. Change that to 35%.....The way things are going, even Centum ain't safe centum debt to equity ratio as per their latest results is 89%.This is not good.They need to scale it down. It means they are almost falling into reliance on debts to finance their operations and growth. Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ebenyo wrote:xxxxx wrote:Ebenyo wrote:obiero wrote:VituVingiSana wrote: I had even forgotten about ARM. What's the point? They should just tell the bondholders what they will get once the bids are sorted out. As for the shareholders like me, don't bother waiting. Move on as I have done so. Let this company keep quiet. Pole to the 'investors' One investment Lesson from ARM,Uchumi,KQ and Mumias is: Never invest in a company with a debt to equity ratio of 80% and above. 80% is too high. Change that to 35%.....The way things are going, even Centum ain't safe centum debt to equity ratio as per their latest results is 89%.This is not good.They need to scale it down. It means they are almost falling into reliance on debts to finance their operations and growth. Indeed. Centum is a poor investment choice :)
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Devki Group subsidiary National Cement enters into an agreement to acquire all cement and non-cement assets and business of ARM Cement PLC for Sh 5.0 Billion. possunt quia posse videntur
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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maka wrote:Devki Group subsidiary National Cement enters into an agreement to acquire all cement and non-cement assets and business of ARM Cement PLC for Sh 5.0 Billion. The sale of the non-cement business collapsed. This is a good sale since it will result into consolidation/reduction in the number of cement companies in the country. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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What will current shareholders get?
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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FUNKY wrote:What will current shareholders get? Too early to say, ama? 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: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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FUNKY wrote:What will current shareholders get? Nothing. Banks like UBA will be first in line to get paid. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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maka wrote:Devki Group subsidiary National Cement enters into an agreement to acquire all cement and non-cement assets and business of ARM Cement PLC for Sh 5.0 Billion. Wapi link ndungu @Maka ?? I had suspected Devki would buy all my assets but not for a measly 5 billions. It is a Gujarati thing. Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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VituVingiSana wrote:FUNKY wrote:What will current shareholders get? Nothing. Banks like UBA will be first in line to get paid. The 5 billion applies to assets only which means it is the amount to be paid to shareholders 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: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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littledove wrote:VituVingiSana wrote:FUNKY wrote:What will current shareholders get? Nothing. Banks like UBA will be first in line to get paid. The 5 billion applies to assets only which means it is the amount to be paid to shareholders Do not hold your breath. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Fyatu wrote:maka wrote:Devki Group subsidiary National Cement enters into an agreement to acquire all cement and non-cement assets and business of ARM Cement PLC for Sh 5.0 Billion. Wapi link ndungu @Maka ?? I had suspected Devki would buy all my assets but not for a measly 5 billions. It is a Gujarati thing. Post 11,001... 😊 Hii hapa... https://www.google.com/a...rm-cement-248610/%3famp
possunt quia posse videntur
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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https://af.reuters.com/article/kenyaNews/idAFL5N22X16ANAIROBI, May 21 (Reuters) - The assets of Kenya’s ARM Cement have been sold to the National Cement Company for $50 million, its administrator said on Tuesday. ARM Cement was put under administration last August by some of its creditors over a $190 million debt and its shares were suspended from the Nairobi bourse. It has debts with a range of creditors, including local commercial banks. The transaction, which applies to ARM Cement’s Kenyan assets only, is subject to regulatory approvals, the statement from the administrator said. 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: New-farer Joined: 7/16/2018 Posts: 23
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maka wrote:Fyatu wrote:maka wrote:Devki Group subsidiary National Cement enters into an agreement to acquire all cement and non-cement assets and business of ARM Cement PLC for Sh 5.0 Billion. Wapi link ndungu @Maka ?? I had suspected Devki would buy all my assets but not for a measly 5 billions. It is a Gujarati thing. Post 11,001... 😊 Hii hapa... https://www.google.com/a...rm-cement-248610/%3famp
Kenyan assets only??? What of subsidiaries.. 5 Bob a share??
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