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ARM HY2017
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Ericsson
#621 Posted : Wednesday, August 15, 2018 7:46:09 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
obiero wrote:
VituVingiSana wrote:
@Fyatu - πŸ‘πŸΌπŸ‘πŸΌπŸ‘πŸΌ
Very helpful. Thanks!
Any comparisons (quality) between ARM and Bamburi?
Bamburi cement any time
I hope the next set of projects undertaken by KE and TZ use ARM cement!
That is a dream.
Niko ndani!!!! This is a long-term play for me it seems based on the potential.

Hehe.. Penny stocker


Cement companies are too many for the Kenyan market.
Mergers and consolidation is needed.
ARM became a victim of the competition.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Spikes
#622 Posted : Wednesday, August 15, 2018 9:52:08 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
VituVingiSana wrote:
@Fyatu - πŸ‘πŸΌπŸ‘πŸΌπŸ‘πŸΌ
Very helpful. Thanks!
Any comparisons (quality) between ARM and Bamburi?
I hope the next set of projects undertaken by KE and TZ use ARM cement!
Niko ndani!!!! This is a long-term play for me it seems based on the potential.

Hehe.. Penny stocker


@Obiero I can swear by your KQ's badly mutilated appendix that @VVS is gonna make huge returns vis-a-vis your dead national carrier.
John 5:17 But Jesus replied, β€œMy Father is always working, and so am I.”
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  | | Edit by user: Wednesday, August 15, 2018 10:18 AM | Reason: Not specified
lochaz-index
#623 Posted : Wednesday, August 15, 2018 10:14:17 AM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Fyatu wrote:
Karibu sana mzee VVS. I cannot comment authoritatively on quality but overall there is this perceived notion that bamburi is the best. Ask any random fundi and they will tell you bamburi ni number one(perhaps due to innovation and superior R&D). Remember they recently launched air tight cement for road construction...
What i also know is that bamburi has state captured Kenya and Uganda and they know something we don't.. the pie is big enough for all players and that is why we now have Ndovu cement company and Rai cement huko western Kenya. Finally clinker is a very hot commodity whose current supply cannot quench demand. ARM is baba yao when it comes to clinker in EAC

The clinker play is the only attractive aspect of ARM. Everything else leaves alot to be desired.
The main purpose of the stock market is to make fools of as many people as possible.
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VituVingiSana
#624 Posted : Wednesday, August 15, 2018 11:10:13 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
My cost is 3.70 (& I will add more at current prices given the recent changes) but there's also the opportunity cost.

1) The exit of PHP as a positive since it allows the new broom to sweep clean via announcing another loss for FY 2018. My calculations include a loss for FY 2018 equal to FY 2017. The Deputy CEO and chairman are also out.

2) Clinker production seems to be back on track in TZ with the availability of coal so the losses stop or are reduced.

3) The financing (working capital) can help ARM supply its customers in Kenya.

4) There is scope for a Strategic Investor who will probably come in at a premium to 5/- (Or so I hope but hope is not a strategy)

5) No dividends in the near future

6) Potential debt conversion of the MTN and CPs which reduces the interest cost but does mean more shares are issued.

The market is over-supplied and there are no NEW mega-projects in the near future. It will be a tough time for ARM but at 5/- per share, I am willing to ride the roller-coaster!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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  | | Edit by user: Wednesday, August 15, 2018 11:12 AM | Reason: Not specified
obiero
#625 Posted : Wednesday, August 15, 2018 11:24:56 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,236
Location: nairobi
VituVingiSana wrote:
My cost is 3.70 (& I will add more at current prices given the recent changes) but there's also the opportunity cost.

1) The exit of PHP as a positive since it allows the new broom to sweep clean via announcing another loss for FY 2018. My calculations include a loss for FY 2018 equal to FY 2017. The Deputy CEO and chairman are also out.

2) Clinker production seems to be back on track in TZ with the availability of coal so the losses stop or are reduced.

3) The financing (working capital) can help ARM supply its customers in Kenya.

4) There is scope for a Strategic Investor who will probably come in at a premium to 5/- (Or so I hope but hope is not a strategy)

5) No dividends in the near future

6) Potential debt conversion of the MTN and CPs which reduces the interest cost but does mean more shares are issued.

The market is over-supplied and there are no NEW mega-projects in the near future. It will be a tough time for ARM but at 5/- per share, I am willing to ride the roller-coaster!

You are starting to take on risk my old friend. Good luck with the aggressive strategy

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VituVingiSana
#626 Posted : Thursday, August 16, 2018 12:01:59 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
Trades at 5.10
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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xxxxx
#627 Posted : Thursday, August 16, 2018 1:02:43 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
VituVingiSana wrote:
Trades at 5.10


Hehehe...barrier broken.

Now to Kes 6
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Bishofu
#628 Posted : Thursday, August 16, 2018 1:44:25 PM
Rank: New-farer

Joined: 7/16/2018
Posts: 23
5.20
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sparkly
#629 Posted : Thursday, August 16, 2018 2:29:38 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Bishofu wrote:
5.20


Good one for the patient.
Life is short. Live passionately.
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VituVingiSana
#630 Posted : Thursday, August 16, 2018 5:58:25 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
xxxxx wrote:
VituVingiSana wrote:
Trades at 5.10


Hehehe...barrier broken.

Now to Kes 6

Twende kazi! Asante to @xxxxx and @fyatu for giving me answers to my queries on ARM.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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