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Nakumatt: Another ailing Kenyan company
Rank: Elder Joined: 7/26/2007 Posts: 6,514
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obiero wrote:Gatheuzi wrote:obiero wrote:Swenani wrote:Gatheuzi wrote:I recently saw an advert along Ngong Rd saying Nakumatt prestige is now stocked up. I decided that in the spirit of good citizenship, I give them a small boost. Well, it turns out there was no bread or even a single wheat product for that matter! Wheat products are not good for your health LMAO Slimpossible by force.. Nakumatt VM closed down today I found that strange given its a group company Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 6/23/2009 Posts: 13,528 Location: nairobi
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KulaRaha wrote:obiero wrote:Gatheuzi wrote:obiero wrote:Swenani wrote:Gatheuzi wrote:I recently saw an advert along Ngong Rd saying Nakumatt prestige is now stocked up. I decided that in the spirit of good citizenship, I give them a small boost. Well, it turns out there was no bread or even a single wheat product for that matter! Wheat products are not good for your health LMAO Slimpossible by force.. Nakumatt VM closed down today I found that strange given its a group company Kama hawawezi lipa rent sasa tufanyeje! Nakumatt is dead and buried, nothing will save it; and Uchumi is lucky to have a big brother as it would have died decades ago without GoK intervention.. HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 7/7/2009 Posts: 41
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KulaRaha wrote:obiero wrote:Gatheuzi wrote:obiero wrote:Swenani wrote:Gatheuzi wrote:I recently saw an advert along Ngong Rd saying Nakumatt prestige is now stocked up. I decided that in the spirit of good citizenship, I give them a small boost. Well, it turns out there was no bread or even a single wheat product for that matter! Wheat products are not good for your health LMAO Slimpossible by force.. Nakumatt VM closed down today I found that strange given its a group company How? I thought VM is owned by the guyz for Kingsway Tyres / Tribe / Trademark hotel.... akina Manisha What's the link with Nakumatt? Happiness is not the absence of problems, It's the ability to deal with them
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Juojo wrote:KulaRaha wrote:obiero wrote:Gatheuzi wrote:obiero wrote:Swenani wrote:Gatheuzi wrote:I recently saw an advert along Ngong Rd saying Nakumatt prestige is now stocked up. I decided that in the spirit of good citizenship, I give them a small boost. Well, it turns out there was no bread or even a single wheat product for that matter! Wheat products are not good for your health LMAO Slimpossible by force.. Nakumatt VM closed down today I found that strange given its a group company How? I thought VM is owned by the guyz for Kingsway Tyres / Tribe / Trademark hotel.... akina Manisha What's the link with Nakumatt? Kingsway tryes,Charterhouse bank,Nakumatt,Kingsway motors,Ram Trust,Village market,michellin tryes are sons and daughters of the same mother If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Sanjay of Kingsway has been running Nakumatt's meetings while Atul sits like a nice quite lapdog. Wazua is losing its edge...I thought guys here were in the know.... Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Swenani wrote:Juojo wrote:KulaRaha wrote:obiero wrote:Gatheuzi wrote:obiero wrote:Swenani wrote:Gatheuzi wrote:I recently saw an advert along Ngong Rd saying Nakumatt prestige is now stocked up. I decided that in the spirit of good citizenship, I give them a small boost. Well, it turns out there was no bread or even a single wheat product for that matter! Wheat products are not good for your health LMAO Slimpossible by force.. Nakumatt VM closed down today I found that strange given its a group company How? I thought VM is owned by the guyz for Kingsway Tyres / Tribe / Trademark hotel.... akina Manisha What's the link with Nakumatt? Kingsway tryes,Charterhouse bank,Nakumatt,Kingsway motors,Ram Trust,Village market,michellin tryes are sons and daughters of the same mother I thought village market is owned by some Iranians? https://www.forbes.com/s...tel-sector/#21c8aec16faf
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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hardwood wrote:Swenani wrote:Juojo wrote:KulaRaha wrote:obiero wrote:Gatheuzi wrote:obiero wrote:Swenani wrote:Gatheuzi wrote:I recently saw an advert along Ngong Rd saying Nakumatt prestige is now stocked up. I decided that in the spirit of good citizenship, I give them a small boost. Well, it turns out there was no bread or even a single wheat product for that matter! Wheat products are not good for your health LMAO Slimpossible by force.. Nakumatt VM closed down today I found that strange given its a group company How? I thought VM is owned by the guyz for Kingsway Tyres / Tribe / Trademark hotel.... akina Manisha What's the link with Nakumatt? Kingsway tryes,Charterhouse bank,Nakumatt,Kingsway motors,Ram Trust,Village market,michellin tryes are sons and daughters of the same mother I thought village market is owned by some Iranians? https://www.forbes.com/s...el-sector/#21c8aec16faf Your thoughts are nothing but just your thoughts Shareholders of Greenhills investments(The company which owns VM) Abbas Ehsani Mehraz Ehsani Hamed Ehsani Fara Ehsani Hooman Ehsani Shamim Ehsani Soha Ehsani: Directors of Greenhills investments ltd 1.Manish and Manoj Shah (brothers to the bank’s managing director-Sanjah Shah) 2.Mehraz Ehsani and Hamed Ehsan Some of the charter house bank shareholders 1. Nakumatt Investements Ltd -10% 2. Hamed Ehsani-1.52% 3. Mehraz Ehsani -1.52% Some of charterhouse bank directors 1.MEHRAZ EHSANI--Greenhills investment aka VM 2.HAMED EHSANI -Greenhills investment aka VM 3.ATULKUMAR M. SHAH-Non executive director of Nakumatt investments and Nakumatt holdings. Dig up the shareholders and directors of Nakumatt group and Nakumatt investments. You can start from here KulaRaha wrote:Sanjay of Kingsway has been running Nakumatt's meetings while Atul sits like a nice quite lapdog.
Wazua is losing its edge...I thought guys here were in the know.... Sanjah shah was the MD for charterhouse bank Sometimes the truth is hidden in plain sight If Obiero did it, Who Am I?
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Rank: Elder Joined: 6/23/2009 Posts: 13,528 Location: nairobi
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Swenani wrote:hardwood wrote:Swenani wrote:Juojo wrote:KulaRaha wrote:obiero wrote:Gatheuzi wrote:obiero wrote:Swenani wrote:Gatheuzi wrote:I recently saw an advert along Ngong Rd saying Nakumatt prestige is now stocked up. I decided that in the spirit of good citizenship, I give them a small boost. Well, it turns out there was no bread or even a single wheat product for that matter! Wheat products are not good for your health LMAO Slimpossible by force.. Nakumatt VM closed down today I found that strange given its a group company How? I thought VM is owned by the guyz for Kingsway Tyres / Tribe / Trademark hotel.... akina Manisha What's the link with Nakumatt? Kingsway tryes,Charterhouse bank,Nakumatt,Kingsway motors,Ram Trust,Village market,michellin tryes are sons and daughters of the same mother I thought village market is owned by some Iranians? https://www.forbes.com/s...el-sector/#21c8aec16faf Your thoughts are nothing but just your thoughts Shareholders of Greenhills investments(The company which owns VM) Abbas Ehsani Mehraz Ehsani Hamed Ehsani Fara Ehsani Hooman Ehsani Shamim Ehsani Soha Ehsani: Directors of Greenhills investments ltd 1.Manish and Manoj Shah (brothers to the bank’s managing director-Sankah Shah) 2.Mehraz Ehsani and Hamed Ehsan Some of the charter house bank shareholders 1. Nakumatt Investements Ltd -10% 2. Hamed Ehsani-1.52% 3. Mehraz Ehsani -1.52% Some of charterhouse bank directors 1.MEHRAZ EHSANI--Greenhills investment aka VM 2.HAMED EHSANI -Greenhills investment aka VM 3.ATULKUMAR M. SHAH-Non executive director of Nakumatt investments and Nakumatt holdings. Sometimes the truth is hidden in plain sight I wish I could reply to people with some of your boldness. Ati "your thoughts are nothing but just your thoughts" HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 9/13/2006 Posts: 123
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Very interesting info. So essentially the ill gotten proceeds from charter house bank and Nakumatt could be financing the village market expansion and new hotel?
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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pops wrote:Very interesting info. So essentially the ill gotten proceeds from charter house bank and Nakumatt could be financing the village market expansion and new hotel? VM hotel and expansion money is from Equity. The rich never risk their own capital - they leverage on your deposits at the bank and ring fence their investments so that when the music stops you are the one left with egg on your face e.g Atul Shah Vs Nakumatt creditors & suppliers. Equity lends Village Market Sh3.8 billion for mall expansionThursday, April 10, 2014 19:07 Village Market to set up hotel in Sh5 billion expansion
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Carrefour to open at village market dealing only with food items....aka mama mboga. https://www.businessdail...540942-3asmb2/index.html
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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So my bro tells me Nakumatt opened at Kiambu mall and the Ridgeway one is still going strong, quite encouraging add to this the Mega, Ukay and Embakasi they might postpone the death, although the locations are not the high-end they were used to, is the parklands branch still open? To Each His Own
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Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
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kayhara wrote:So my bro tells me Nakumatt opened at Kiambu mall and the Ridgeway one is still going strong, quite encouraging add to this the Mega, Ukay and Embakasi they might postpone the death, although the locations are not the high-end they were used to, is the parklands branch still open? The branches Nakumatt have retained Nakumatt embakasi Mega Lavington Prestige Kisumu city Nakuru Ukay Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,528 Location: nairobi
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Ericsson wrote:kayhara wrote:So my bro tells me Nakumatt opened at Kiambu mall and the Ridgeway one is still going strong, quite encouraging add to this the Mega, Ukay and Embakasi they might postpone the death, although the locations are not the high-end they were used to, is the parklands branch still open? The branches Nakumatt have retained Nakumatt embakasi Mega Lavington Prestige Kisumu city Nakuru Ukay Embakasi is open? 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: 12/4/2009 Posts: 10,701 Location: NAIROBI
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obiero wrote:Ericsson wrote:kayhara wrote:So my bro tells me Nakumatt opened at Kiambu mall and the Ridgeway one is still going strong, quite encouraging add to this the Mega, Ukay and Embakasi they might postpone the death, although the locations are not the high-end they were used to, is the parklands branch still open? The branches Nakumatt have retained Nakumatt embakasi Mega Lavington Prestige Kisumu city Nakuru Ukay Embakasi is open? Yes Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,528 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:kayhara wrote:So my bro tells me Nakumatt opened at Kiambu mall and the Ridgeway one is still going strong, quite encouraging add to this the Mega, Ukay and Embakasi they might postpone the death, although the locations are not the high-end they were used to, is the parklands branch still open? The branches Nakumatt have retained Nakumatt embakasi Mega Lavington Prestige Kisumu city Nakuru Ukay Embakasi is open? Yes Just passed through and it's crazy empty. Same with Mega.. HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:kayhara wrote:So my bro tells me Nakumatt opened at Kiambu mall and the Ridgeway one is still going strong, quite encouraging add to this the Mega, Ukay and Embakasi they might postpone the death, although the locations are not the high-end they were used to, is the parklands branch still open? The branches Nakumatt have retained Nakumatt embakasi Mega Lavington Prestige Kisumu city Nakuru Ukay Embakasi is open? Yes Just passed through and it's crazy empty. Same with Mega.. Nakuru one is well stocked with good foot traffic. Maybe, just maybe they may pull this through For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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winmak wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:kayhara wrote:So my bro tells me Nakumatt opened at Kiambu mall and the Ridgeway one is still going strong, quite encouraging add to this the Mega, Ukay and Embakasi they might postpone the death, although the locations are not the high-end they were used to, is the parklands branch still open? The branches Nakumatt have retained Nakumatt embakasi Mega Lavington Prestige Kisumu city Nakuru Ukay Embakasi is open? Yes Just passed through and it's crazy empty. Same with Mega.. Nakuru one is well stocked with good foot traffic. Maybe, just maybe they may pull this through Kiambu Mall is Choppies Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,528 Location: nairobi
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sparkly wrote:winmak wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:kayhara wrote:So my bro tells me Nakumatt opened at Kiambu mall and the Ridgeway one is still going strong, quite encouraging add to this the Mega, Ukay and Embakasi they might postpone the death, although the locations are not the high-end they were used to, is the parklands branch still open? The branches Nakumatt have retained Nakumatt embakasi Mega Lavington Prestige Kisumu city Nakuru Ukay Embakasi is open? Yes Just passed through and it's crazy empty. Same with Mega.. Nakuru one is well stocked with good foot traffic. Maybe, just maybe they may pull this through Kiambu Mall is Choppies The way I see it, only the Prestige one makes business sense right now 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: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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obiero wrote:sparkly wrote:winmak wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:kayhara wrote:So my bro tells me Nakumatt opened at Kiambu mall and the Ridgeway one is still going strong, quite encouraging add to this the Mega, Ukay and Embakasi they might postpone the death, although the locations are not the high-end they were used to, is the parklands branch still open? The branches Nakumatt have retained Nakumatt embakasi Mega Lavington Prestige Kisumu city Nakuru Ukay Embakasi is open? Yes Just passed through and it's crazy empty. Same with Mega.. Nakuru one is well stocked with good foot traffic. Maybe, just maybe they may pull this through Kiambu Mall is Choppies The way I see it, only the Prestige one makes business sense right now Ridgeways branch closed ages ago.
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Nakumatt: Another ailing Kenyan company
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