http://www.businessdailyafrica....6/-/dsk0ftz/-/index.html

If the new CEO is brilliant and brings back the company into profitability this share can improve.

the share has lost 20% since june.and now stands at 11.40

First of all: they no longer hold the Peugeot franchise.

Secondly, this is not a place you want to put your money:

"Marshalls East Africa has hired a DT Dobie executive as its new CEO as it seeks to ideas to return to profitability after posting losses for four years in a row.

The auto dealer has hired Sanjiv Shah—the General Manager of Mercedes at DT Dobie—to take over from Rahul Sood on August 1, making him the sixth CEO in three years for the troubled auto dealer.

Infighting at the company’s boardroom pitting businessmen Kamlesh Pattni and Ketan Somaia as well as frequent changes of its executives have played a part in the motor dealer’s poor performance.

The divisions have hampered the firm’s ability to develop strategy and hire top talent in the increasingly competitive auto sector."

There is no guarantee he will last more than six months.

@ VituVingiSana - If the boardroom wrangles have been solved and KAMLESH PATTNI is on board then for sure it will start roaring sooner. We all know KP,he like to make money.

Funky I can tell that you are young, impetous and also new to the market by your posts.

Listen to Sober and the Deal. These guys are tried and tested on Wazua.

I have done my research and found that Marshall's is running like a family grocery shop. The company is laden with old Wahindis, brought from India to monitor the indigenous workers and make sure that they do not steal. The geezers do not add any value to the company and treat it as a retirement resort. The best employees have since defected to Foton and Eurysia. The new CEO may be an expert at selling luxury cars but is that the skillset required to sell the kawaida car? Never forget this last bit of advice:Kamlesh Pattni has never run a profitable business. In fact, it is doubtful whether Kamlesh Pattni has ever had a business that sold anything. Dont burn your fingers!

My fellow Kenyans, are we not perpetuating impunity when we invest in companies owned by unsavoury characters whose involvement in grand corruption is a matter of public knowledge? What does that say about our own ethical standards? These are the same characters who have impoverished this country through theft of public finds and you as the younger generation will be paying for it for the rest of your lives. Just a thought...

Marshalls lost the peugeot franchise. Or they got it back?

Marshalls no longer have the Peugeot franchise as far as i know.

@ Vituvingisana- Foton is really doing well. I can see many Foton trucks on the road. If i am not wrong they are not the ones who let go off the frnachise,it is Peugeot themselves who decided to terminate the contract since they were not selling enough.

@ VituVingiSana - I am wondering how come CMC motors share price is trading below Marshalls?