good to hear a second opinion from an elder, i trust the management despite the predicaments and im slowly accumulating arm.

When did Pradeep send a pick-up of cement to your boma?

Falsification of books aids no one.. If it's a loss call it a loss

Even elders can get it wrong without full info.Have you talked to an auditor who has ever been involved in their audit?
I hear guys have not been paid for like 4 months. That's how Nakumatt started. We shall revisit.

I doubt this.

i) Any company that issues a profit warning for the year ended 31 December 2017 in March 2018 can not have high corporate governance. For Christ's sake, the market is expecting audited results in March.

ii) The fact that ARM always reports in the last week of April should tickle your opinion of their corporate governance especially since they are not subject to prior approval from an industry line regulator such as Insurance companies and or banks. In fact if you recall, Bamburi has almost always traditionally reported within 2 months of year end (for full year) as well half year. So what's different with ARM Cement? Heck BAT even used to report within 1 month of period end (included audited financial statements).

If your assertion is true, then there must be something special about ARM's business that makes financial reporting not so straight forward. I am tempted to concur with the "cooking the books" theory.

Based on the ongoing results announcements. What shares can wazuans recommend one to buy.

A huge chunk of these bandia firms are yet to post FY2017 results. Yet firms in wallstreet are already posting Q1 results and when Trump says we are in a shithole we storm twitter with kizungu nyingi

Boom! Centum profit warning. Ignore exchange bar information at own peril https://www.businessdail...555482-39j90r/index.html

YOU should also include/introduce exchange bar for cryptocurrency.

I thought I was taking on more risk with Centum!

BH - Both WB and CM are "ancient" [but they remain super-sharp] and there is a succession plan.

So does Centum have a succession plan?

The biggest short-term risk I see to Centum is the health of DJ CK. If the business (forget the share price for now) can move on - there must be a plan in place - then we are all good.

Look at KK. It survived Segman's mismanagement and Biwott's exit thanks to the deft management of Ohana.
Can Mworia guide Centum through the eventual departure of DJ CK?

Share price - DJ CK's exit may disrupt the share price. Then there is the potential sale of his 30% by members of his family (PK Jani's family didn't wait long before selling off their Mzee's ma-millions of CFC shares to Stanbic!] which can depress the price.

IF the BUSINESS is well-run, then things will calm down and the price can rally...