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ARM Cement HY18
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Ericsson
#111 Posted : Thursday, July 04, 2019 12:37:23 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
HaMaina wrote:
obiero wrote:
Bishofu wrote:
https://www.bloomberg.com/news/articles/2019-05-29/post-deadline-arm-cement-higher-bid-of-65-million-rejected

The company was sold short by about USD 15M or more


I Hadn't seen this.

Kenyan Steel Tycoon Narendra Raval To Acquire ARM Cement For $50 Million

https://www.forbes.com/s...0-million/#1b4f4198242e




Now the post/discussion can be closed.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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FUNKY
#112 Posted : Friday, July 19, 2019 11:27:30 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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jgithige
#113 Posted : Friday, July 19, 2019 12:00:09 PM
Rank: Member

Joined: 7/10/2014
Posts: 145
Location: Nairobi
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/4003102-5202056-view-asAMP-b3xe9z/index.html?__twitter_impression=true

This was a shambolic acquisition. Let's the mahakamas decide.
"Blowing out someone else candle won't make yours shine brighter"-Anonymous
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Bishofu
#114 Posted : Friday, July 19, 2019 3:07:43 PM
Rank: New-farer

Joined: 7/16/2018
Posts: 23
The court knows only one solution...liquidation!
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Fyatu
#115 Posted : Tuesday, July 30, 2019 2:19:33 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
jgithige wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/4003102-5202056-view-asAMP-b3xe9z/index.html?__twitter_impression=true

This was a shambolic acquisition. Let's the mahakamas decide.



What did the Korti bandia decide on this matter? Has Paunrana and CDC found money to pay off the creditors?
Dumb money becomes dumb only when it listens to smart money
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faa
#116 Posted : Thursday, August 29, 2019 4:28:48 PM
Rank: Member

Joined: 5/8/2007
Posts: 709
Fyatu wrote:
jgithige wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/4003102-5202056-view-asAMP-b3xe9z/index.html?__twitter_impression=true

This was a shambolic acquisition. Let's the mahakamas decide.



What did the Korti bandia decide on this matter? Has Paunrana and CDC found money to pay off the creditors?




https://www.businessdail...2698-33ifiez/index.html


https://t.co/vho2KM0YhV?amp=1

https://t.co/omZYw6n819?amp=1

I have a work colleague who lost 2M with this share, she had bought at Ksh 90.5 per share.

Faida investment bank had recommended this year to some investors,including me.It was a strong buy to them, they had some tinker plant in TZ ,e.t.c
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maka
#117 Posted : Thursday, August 29, 2019 4:33:45 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
faa wrote:
Fyatu wrote:
jgithige wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/4003102-5202056-view-asAMP-b3xe9z/index.html?__twitter_impression=true

This was a shambolic acquisition. Let's the mahakamas decide.



What did the Korti bandia decide on this matter? Has Paunrana and CDC found money to pay off the creditors?




https://www.businessdail...2698-33ifiez/index.html


https://t.co/vho2KM0YhV?amp=1

https://t.co/omZYw6n819?amp=1

I have a work colleague who lost 2M with this share, she had bought at Ksh 90.5 per share.

Faida investment bank had recommended this year to some investors,including me.It was a strong buy to them, they had some tinker plant in TZ ,e.t.c



I'd rather come here and get advise than listen to any stock brokerage /investment bank in this country.


possunt quia posse videntur
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VituVingiSana
#118 Posted : Thursday, August 29, 2019 5:14:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
faa wrote:
Fyatu wrote:
jgithige wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/4003102-5202056-view-asAMP-b3xe9z/index.html?__twitter_impression=true

This was a shambolic acquisition. Let's the mahakamas decide.



What did the Korti bandia decide on this matter? Has Paunrana and CDC found money to pay off the creditors?




https://www.businessdail...2698-33ifiez/index.html


https://t.co/vho2KM0YhV?amp=1

https://t.co/omZYw6n819?amp=1

I have a work colleague who lost 2M with this share, she had bought at Ksh 90.5 per share.

Faida investment bank had recommended this year to some investors,including me.It was a strong buy to them, they had some tinker plant in TZ ,e.t.c

I did not buy at 90 but I remember the hype back then. If things had gone according to plan:
1) Clinker plant completion on time
2) USD/TZS remaining stable
3) No drama from Magufuli regarding imported coal
And other bleeding from a 1,000 cuts.

Then ARM could have been way ahead of the competition but...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#119 Posted : Thursday, August 29, 2019 5:24:47 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
faa wrote:
Fyatu wrote:
jgithige wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/4003102-5202056-view-asAMP-b3xe9z/index.html?__twitter_impression=true

This was a shambolic acquisition. Let's the mahakamas decide.



What did the Korti bandia decide on this matter? Has Paunrana and CDC found money to pay off the creditors?




https://www.businessdail...2698-33ifiez/index.html


https://t.co/vho2KM0YhV?amp=1

https://t.co/omZYw6n819?amp=1

I have a work colleague who lost 2M with this share, she had bought at Ksh 90.5 per share.

Faida investment bank had recommended this year to some investors,including me.It was a strong buy to them, they had some tinker plant in TZ ,e.t.c

I did not buy at 90 but I remember the hype back then. If things had gone according to plan:
1) Clinker plant completion on time
2) USD/TZS remaining stable
3) No drama from Magufuli regarding imported coal
And other bleeding from a 1,000 cuts.

Then ARM could have been way ahead of the competition but...

You bought at KES 93.. I remember

KQ ABP 4.26
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VituVingiSana
#120 Posted : Thursday, August 29, 2019 5:28:42 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
faa wrote:
Fyatu wrote:
jgithige wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/4003102-5202056-view-asAMP-b3xe9z/index.html?__twitter_impression=true

This was a shambolic acquisition. Let's the mahakamas decide.



What did the Korti bandia decide on this matter? Has Paunrana and CDC found money to pay off the creditors?




https://www.businessdail...2698-33ifiez/index.html


https://t.co/vho2KM0YhV?amp=1

https://t.co/omZYw6n819?amp=1

I have a work colleague who lost 2M with this share, she had bought at Ksh 90.5 per share.

Faida investment bank had recommended this year to some investors,including me.It was a strong buy to them, they had some tinker plant in TZ ,e.t.c

I did not buy at 90 but I remember the hype back then. If things had gone according to plan:
1) Clinker plant completion on time
2) USD/TZS remaining stable
3) No drama from Magufuli regarding imported coal
And other bleeding from a 1,000 cuts.

Then ARM could have been way ahead of the competition but...

You bought at KES 93.. I remember
You are trying too hard to remain relevant. The KQ thread isn't exciting enough? Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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