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Nakumatt: Another ailing Kenyan company

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obiero		#441 Posted : Monday, September 25, 2017 6:54:51 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		Swenani wrote: obiero wrote: Mike Ock wrote: @obiero here is research by Credit Suisse https://www.cnbc.com/201...any-under-20-years.html For the conspiracy theorists, the Kenyatta family's Brookside has been revealed to be the supplier with the biggest debt owed by Nakumatt and they have launched a High Court petition to wind down this useless shop so that they get their money back: http://www.businessdaily...3736-euociyz/index.html There is no conspiracy here, just terrible terrible business. I hope that the Kenyatta family can put the final nail in the Nakumatt coffin From the article I gather that S&P 500 companies are getting younger based on newer entrants in the same space Getting younger or having a shorter life span based on disruption? Does having a shorter life span means you are getting younger Sibuor? @mzee vvs companies such as Facebook and Twitter are less or about 10 years old so when an average is done, they will say look companies are now on average only 20 years old, but not because JC Penny, Chase, Walmart Et al are closed or closing, but because there are many new young firms KQ ABP 4.26
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KulaRaha		#442 Posted : Monday, September 25, 2017 10:49:19 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		An interesting observation: Nakumatt is exiting malls owned by members of their community. Business opportunities are like buses,there's always another one coming
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Ericsson		#443 Posted : Monday, September 25, 2017 10:58:38 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		KulaRaha wrote: An interesting observation: Nakumatt is exiting malls owned by members of their community. My fren pesa haina ukabila Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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KulaRaha		#444 Posted : Monday, September 25, 2017 11:45:37 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Ericsson wrote: KulaRaha wrote: An interesting observation: Nakumatt is exiting malls owned by members of their community. My fren pesa haina ukabila Really? Then why aren't they exiting Mega, Junction etc? Business opportunities are like buses,there's always another one coming
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jgithige		#445 Posted : Wednesday, September 27, 2017 12:24:06 PM
Rank: Member Joined: 7/10/2014 Posts: 145 Location: Nairobi		KulaRaha wrote: Ericsson wrote: KulaRaha wrote: An interesting observation: Nakumatt is exiting malls owned by members of their community. My fren pesa haina ukabila Really? Then why aren't they exiting Mega, Junction etc? Ken Omoro‏ @Kenomoro Sep 20 More But seriously, if Tuskys enters TRM, rent in Roysambu should go down by 50%. Rent was hiked because of Nakumatt. "Blowing out someone else candle won't make yours shine brighter"-Anonymous
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Ericsson		#446 Posted : Sunday, October 01, 2017 4:35:23 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Nakumatt exits junction mall Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Angelica _ann		#447 Posted : Sunday, October 01, 2017 5:20:34 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		Ericsson wrote: Nakumatt exits junction mall things must be very thick for Nakumatt In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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obiero		#448 Posted : Sunday, October 01, 2017 5:29:51 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		Angelica _ann wrote: Ericsson wrote: Nakumatt exits junction mall things must be very thick for Nakumatt Things are elephant KQ ABP 4.26
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winmak		#449 Posted : Sunday, October 01, 2017 5:44:11 PM
Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru		obiero wrote: Angelica _ann wrote: Ericsson wrote: Nakumatt exits junction mall things must be very thick for Nakumatt Things are elephant And the convenience marriage with Tuskys is on shaky ground... Maybe the sooner they call this monkey out the better For investors as a whole, returns decrease as motion increases ~ WB
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Ericsson		#450 Posted : Sunday, October 01, 2017 5:59:42 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Niliwashow september mtaona mambo. Ndio hayo kwa sasa. Asanteni Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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