Wazua
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Nairobi Business Venture HY16 PAT Ksh.1m
Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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sparkly wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:Surely that revenue and profit is pedestrian It's more profitable than a certain airline. Heck, even the local kiosk makes more than that airline! NBV is another crappy stock like that airline. On my no buy list!  Very healthy GP margins but finance costs are too high. The company must be groaning under debts. We once talked about it when they were launching their IPO. Some of these guys are just crooks offloading their burden to poor wanjiku.. nini hii surely
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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enyands wrote:sparkly wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:Surely that revenue and profit is pedestrian It's more profitable than a certain airline. Heck, even the local kiosk makes more than that airline! NBV is another crappy stock like that airline. On my no buy list! Very healthy GP margins but finance costs are too high. The company must be groaning under debts. We once talked about it when they were launching their IPO. Some of these guys are just crooks offloading their burden to poor wanjiku.. nini hii surely Still in start up phase. The industry has potential http://www.industrializa...ther-in-under-five-yearsLife is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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sparkly wrote:enyands wrote:sparkly wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:[quote=Pesa Nane]  Surely that revenue and profit is pedestrian It's more profitable than a certain airline. Heck, even the local kiosk makes more than that airline! NBV is another crappy stock like that airline. On my no buy list! Very healthy GP margins but finance costs are too high. The company must be groaning under debts. We once talked about it when they were launching their IPO. Some of these guys are just crooks offloading their burden to poor wanjiku.. nini hii surely Still in start up phase. The industry has potential http://www.industrializa...her-in-under-five-years[/quote] Are you buying? I would rather buy Flame Tree and 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: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:sparkly wrote:enyands wrote:sparkly wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:[quote=Pesa Nane] Surely that revenue and profit is pedestrian It's more profitable than a certain airline. Heck, even the local kiosk makes more than that airline! NBV is another crappy stock like that airline. On my no buy list! Very healthy GP margins but finance costs are too high. The company must be groaning under debts. We once talked about it when they were launching their IPO. Some of these guys are just crooks offloading their burden to poor wanjiku.. nini hii surely Still in start up phase. The industry has potential http://www.industrializa...her-in-under-five-years[/quote] Are you buying? I would rather buy Flame Tree and have done so. Still loading up on the large and medium caps whenever I come across some lose change, taking advantage of the discounts. I am cautious on the micro caps. Life is short. Live passionately.
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Rank: Elder Joined: 7/22/2008 Posts: 2,721
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Please do not laugh at any business. I am guessing there were some people who laughed at Nelson Muguku when he was buying shares in a floundering company called Equity Building Society.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Kusadikika wrote:Please do not laugh at any business. I am guessing there were some people who laughed at Nelson Muguku when he was buying shares in a floundering company called Equity Building Society. It's good to be realistic...can this thing be scaled like Equity? Equity had alot of things going its way 1. Huge unbanked masses 2. Tribe 3. Political patronage 4. Liberisation of the Kenyan economy etc
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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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the deal wrote:Kusadikika wrote:Please do not laugh at any business. I am guessing there were some people who laughed at Nelson Muguku when he was buying shares in a floundering company called Equity Building Society. It's good to be realistic...can this thing be scaled like Equity? Equity had alot of things going its way 1. Huge unbanked masses 2. Tribe 3. Political patronage 4. Liberisation of the Kenyan economy etc A better example would be KQ
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:the deal wrote:Kusadikika wrote:Please do not laugh at any business. I am guessing there were some people who laughed at Nelson Muguku when he was buying shares in a floundering company called Equity Building Society. It's good to be realistic...can this thing be scaled like Equity? Equity had alot of things going its way 1. Huge unbanked masses 2. Tribe 3. Political patronage 4. Liberisation of the Kenyan economy etc A better example would be KQ Leather industry is largely untapped. Life is short. Live passionately.
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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sparkly wrote:obiero wrote:the deal wrote:Kusadikika wrote:Please do not laugh at any business. I am guessing there were some people who laughed at Nelson Muguku when he was buying shares in a floundering company called Equity Building Society. It's good to be realistic...can this thing be scaled like Equity? Equity had alot of things going its way 1. Huge unbanked masses 2. Tribe 3. Political patronage 4. Liberisation of the Kenyan economy etc A better example would be KQ Leather industry is largely untapped. Unless you market abroad, I don't see any sustainable customer base in Kenya. People love Chinese cheap products
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