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Centum FY 2019 eps up 69% with div of 1.20/-
Rank: Elder Joined: 7/22/2008 Posts: 2,703
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What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call?
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/22/2008 Posts: 2,703
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Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Kusadikika wrote:Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary. Safaricom isn't selling assets Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/22/2008 Posts: 2,703
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Ericsson wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary. Safaricom isn't selling assets No they are not, they are just not reinvesting profits. Giving it all away in dividends. It means they are not seeing anything worth investing that money in. These are companies that are headed by rather smart people. What are they seeing ahead that is making them say, it is better to have the cash today?
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Kusadikika wrote:Ericsson wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary. Safaricom isn't selling assets No they are not, they are just not reinvesting profits. Giving it all away in dividends. It means they are not seeing anything worth investing that money in. These are companies that are headed by rather smart people. What are they seeing ahead that is making them say, it is better to have the cash today? I think you need to understand that Centum divested from Almasi because they need the cash to pay off maturing debt. That’s really the long and short of it. Don’t need to read too much into it. Nonetheless, none of their businesses are actually great, they have sold the farm. For Safaricom, apple also just started paying dividends a few years back. Perhaps they have no where to reinvest or perhaps they are just flush with cash.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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They buy a struggling firm – Centum have lost their mind. They turn around struggling firm, start making money – Management is keeping all the money to itself. doesn’t care about shareholder value. They sell said firm for a profit to clear debt – Centum doesn’t know what it is doing by selling its cash cow. The tunnel-vision in these streets. 
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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rwitre wrote:They buy a struggling firm – Centum have lost their mind. They turn around struggling firm, start making money – Management is keeping all the money to itself. doesn’t care about shareholder value. They sell said firm for a profit to clear debt – Centum doesn’t know what it is doing by selling its cash cow. The tunnel-vision in these streets. Centum is an investment company. They buy and sell companies, securities and properties for profit. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Horton wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary. Safaricom isn't selling assets No they are not, they are just not reinvesting profits. Giving it all away in dividends. It means they are not seeing anything worth investing that money in. These are companies that are headed by rather smart people. What are they seeing ahead that is making them say, it is better to have the cash today? I think you need to understand that Centum divested from Almasi because they need the cash to pay off maturing debt. That’s really the long and short of it. Don’t need to read too much into it. Nonetheless, none of their businesses are actually great, they have sold the farm. For Safaricom, apple also just started paying dividends a few years back. Perhaps they have no where to reinvest or perhaps they are just flush with cash. SELL! SELL! SELL! DO NOT BUY! DO NOT BUY! DO NOT BUY! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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VituVingiSana wrote:Horton wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary. Safaricom isn't selling assets No they are not, they are just not reinvesting profits. Giving it all away in dividends. It means they are not seeing anything worth investing that money in. These are companies that are headed by rather smart people. What are they seeing ahead that is making them say, it is better to have the cash today? I think you need to understand that Centum divested from Almasi because they need the cash to pay off maturing debt. That’s really the long and short of it. Don’t need to read too much into it. Nonetheless, none of their businesses are actually great, they have sold the farm. For Safaricom, apple also just started paying dividends a few years back. Perhaps they have no where to reinvest or perhaps they are just flush with cash. SELL! SELL! SELL! DO NOT BUY! DO NOT BUY! DO NOT BUY! Modesty and you are enemies. Wonder what would happen if WB became as cocky as you 🤦🏽♂️🤦🏽♂️ I had agreed that KK was a good buy however on this one, you are alone. Enjoy the ride
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Horton wrote:VituVingiSana wrote:Horton wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary. Safaricom isn't selling assets No they are not, they are just not reinvesting profits. Giving it all away in dividends. It means they are not seeing anything worth investing that money in. These are companies that are headed by rather smart people. What are they seeing ahead that is making them say, it is better to have the cash today? I think you need to understand that Centum divested from Almasi because they need the cash to pay off maturing debt. That’s really the long and short of it. Don’t need to read too much into it. Nonetheless, none of their businesses are actually great, they have sold the farm. For Safaricom, apple also just started paying dividends a few years back. Perhaps they have no where to reinvest or perhaps they are just flush with cash. SELL! SELL! SELL! DO NOT BUY! DO NOT BUY! DO NOT BUY! Modesty and you are enemies. Wonder what would happen if WB became as cocky as you 🤦🏽♂️🤦🏽♂️ I had agreed that KK was a good buy however on this one, you are alone. Enjoy the ride It will be ROUGH ride. Lots of drama & dead assets - Amu, Akiira, Sidian -BUT this is one of 5 "core" positions. Patience is key. I am waiting (hoping) for additional exits over the next 5 years. Amu - Dead Akiira - Coma Sidian - Zombie? Two Rivers - Living Dead And so on. Not for the jittery. It's better for jittery folks to sell. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 2/20/2007 Posts: 767
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VituVingiSana wrote:Horton wrote:VituVingiSana wrote:Horton wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary. Safaricom isn't selling assets No they are not, they are just not reinvesting profits. Giving it all away in dividends. It means they are not seeing anything worth investing that money in. These are companies that are headed by rather smart people. What are they seeing ahead that is making them say, it is better to have the cash today? I think you need to understand that Centum divested from Almasi because they need the cash to pay off maturing debt. That’s really the long and short of it. Don’t need to read too much into it. Nonetheless, none of their businesses are actually great, they have sold the farm. For Safaricom, apple also just started paying dividends a few years back. Perhaps they have no where to reinvest or perhaps they are just flush with cash. SELL! SELL! SELL! DO NOT BUY! DO NOT BUY! DO NOT BUY! Modesty and you are enemies. Wonder what would happen if WB became as cocky as you 🤦🏽♂️🤦🏽♂️ I had agreed that KK was a good buy however on this one, you are alone. Enjoy the ride It will be ROUGH ride. Lots of drama & dead assets - Amu, Akiira, Sidian -BUT this is one of 5 "core" positions. Patience is key. I am waiting (hoping) for additional exits over the next 5 years. Amu - Dead Akiira - Coma Sidian - Zombie? Two Rivers - Living Dead And so on. Not for the jittery. It's better for jittery folks to sell. Saying " core" holding makes it sound very " professional ". In reality, the idea of a stock being core while another is not is a figment of ones imagination. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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tom_boy wrote:VituVingiSana wrote:Horton wrote:VituVingiSana wrote:Horton wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary. Safaricom isn't selling assets No they are not, they are just not reinvesting profits. Giving it all away in dividends. It means they are not seeing anything worth investing that money in. These are companies that are headed by rather smart people. What are they seeing ahead that is making them say, it is better to have the cash today? I think you need to understand that Centum divested from Almasi because they need the cash to pay off maturing debt. That’s really the long and short of it. Don’t need to read too much into it. Nonetheless, none of their businesses are actually great, they have sold the farm. For Safaricom, apple also just started paying dividends a few years back. Perhaps they have no where to reinvest or perhaps they are just flush with cash. SELL! SELL! SELL! DO NOT BUY! DO NOT BUY! DO NOT BUY! Modesty and you are enemies. Wonder what would happen if WB became as cocky as you 🤦🏽♂️🤦🏽♂️ I had agreed that KK was a good buy however on this one, you are alone. Enjoy the ride It will be ROUGH ride. Lots of drama & dead assets - Amu, Akiira, Sidian -BUT this is one of 5 "core" positions. Patience is key. I am waiting (hoping) for additional exits over the next 5 years. Amu - Dead Akiira - Coma Sidian - Zombie? Two Rivers - Living Dead And so on. Not for the jittery. It's better for jittery folks to sell. Saying " core" holding makes it sound very " professional ". In reality, the idea of a stock being core while another is not is a figment of ones imagination. Yes, it is a figment of MY imagination Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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Any comment on Riverbank and Cascadia? Will they see the light of day?
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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iris wrote:Any comment on Riverbank and Cascadia? Will they see the light of day? That's Vision 2030  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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VituVingiSana wrote:iris wrote:Any comment on Riverbank and Cascadia? Will they see the light of day? That's Vision 2030 I fear so.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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tom_boy wrote:VituVingiSana wrote:Horton wrote:VituVingiSana wrote:Horton wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:Ericsson wrote:Kusadikika wrote:What does it tell you when big players want to liquidate assets and hold cash? Centum, Britam. Are these people seeing some gathering clouds somewhere in the horizon? 2022? SGR cash call? Safeguarding their investments from becoming worthless in the said companies. I think there is something more. Even Safaricom is just giving out nearly all the profits in dividends. It is like people just want to get the cash out. Companies are not seeing something they can invest in that will be more valuable in 10 years than the cash today. That is scary. Safaricom isn't selling assets No they are not, they are just not reinvesting profits. Giving it all away in dividends. It means they are not seeing anything worth investing that money in. These are companies that are headed by rather smart people. What are they seeing ahead that is making them say, it is better to have the cash today? I think you need to understand that Centum divested from Almasi because they need the cash to pay off maturing debt. That’s really the long and short of it. Don’t need to read too much into it. Nonetheless, none of their businesses are actually great, they have sold the farm. For Safaricom, apple also just started paying dividends a few years back. Perhaps they have no where to reinvest or perhaps they are just flush with cash. SELL! SELL! SELL! DO NOT BUY! DO NOT BUY! DO NOT BUY! Modesty and you are enemies. Wonder what would happen if WB became as cocky as you 🤦🏽♂️🤦🏽♂️ I had agreed that KK was a good buy however on this one, you are alone. Enjoy the ride It will be ROUGH ride. Lots of drama & dead assets - Amu, Akiira, Sidian -BUT this is one of 5 "core" positions. Patience is key. I am waiting (hoping) for additional exits over the next 5 years. Amu - Dead Akiira - Coma Sidian - Zombie? Two Rivers - Living Dead And so on. Not for the jittery. It's better for jittery folks to sell. Saying " core" holding makes it sound very " professional ". In reality, the idea of a stock being core while another is not is a figment of ones imagination. In VVS lingua, "CORE" is nothing more than that he has a SIGNIFICANT amount of HIS money in the investment. Nothing sinister there! Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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https://www.businessdail...9090-5whh37z/index.html
Investment firm Centum has raised Sh6.5 billion from South Africa-based Nedbank for bankrolling ongoing projects. The re-financing deal was signed between the Nedbank Corporate and Investment Banking (CIB), the Nedbank property finance division, and Centum Real Estate, the real estate arm of Centum. “Nedbank provided the financing to consolidate Two Rivers’ debt facilities and is currently working on five deals with Centum, which include developments in Kenya and Uganda,” Gerhard Zeelie, Nedbank CIB Africa divisional executive for property finance was quoted by South African media. Centum Real Estate managing director Samuel Kariuki told the Business Daily the transaction had in part involved consolidating a primary existing loan owed to Standard Bank by the Two Rivers Mall. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Centum FY 2019 eps up 69% with div of 1.20/-
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