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Why doing business with Meralli is tough business!
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the deal
#21 Posted : Friday, November 12, 2010 8:25:35 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
http://www.rich.co.ke/media/docs/Sameer%20Africa%20profit%20warning.pdf

Sameer Africa expects reduced profits in 2010...


Just saw the profit warning on reuters...suprising the stock was up...
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polymer1
#22 Posted : Saturday, November 13, 2010 12:13:02 AM
Rank: New-farer

Joined: 6/22/2010
Posts: 16
Location: Westlands
Merali is no Buffet.The guy is best described as a cunning broker who has mastered the art of political ass kissing in increasing his bank balance.But I respect the guy as he is the smartest broker out there and he gets his pay by con, connection, luck and sweat.
There is nothing like making money, you have to earn it.
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teletalk
#23 Posted : Saturday, November 13, 2010 9:43:03 AM
Rank: New-farer

Joined: 9/3/2010
Posts: 26
Location: Nairobi
indeed he has learnt the art of brokerage, mastery in well connection with a mindset of fatten bank account. i think he kinda greed
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masukuma
#24 Posted : Saturday, November 13, 2010 12:53:09 PM
Rank: Elder

Joined: 10/4/2006
Posts: 13,823
Location: Nairobi
love him hate him..he is a shrewd jamaa. but that story of him being a front for Moi is true.
All Mushrooms are edible! Some Mushroom are only edible ONCE!
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VituVingiSana
#25 Posted : Saturday, November 13, 2010 2:06:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
masukuma wrote:
love him hate him..he is a shrewd jamaa. but that story of him being a front for Moi is true.

M-W-I-Z-I
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Surealligator
#26 Posted : Thursday, March 24, 2011 8:54:31 AM
Rank: User

Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
Allank wrote:
Yap...you can never go wrong with a merali. I also reaped!!! alot from sameer.By the way i read that Naushad has already bagged 2B for gvt use of sameer park even before completion! LOL! talk about our own Warren Buffet


@AllanK

Yap..... Meralli is the African Worrying Buffoon.

@VVS

Tried searching the thread on Sameer, I think when Sameer issued a profit warning early in the year. Hunt for the thread.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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Renegade
#27 Posted : Thursday, March 24, 2011 9:13:06 AM
Rank: Member

Joined: 4/18/2009
Posts: 118
There is probably no greater insult to the Oracle than to compare WB to our very own "greatest destroyer of stockholders wealth".

Surealligator wrote:
Allank wrote:
Yap...you can never go wrong with a merali. I also reaped!!! alot from sameer.By the way i read that Naushad has already bagged 2B for gvt use of sameer park even before completion! LOL! talk about our own Warren Buffet


@AllanK

Yap..... Meralli is the African Worrying Buffoon.

@VVS

Tried searching the thread on Sameer, I think when Sameer issued a profit warning early in the year. Hunt for the thread.
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VituVingiSana
#28 Posted : Thursday, March 24, 2011 11:06:23 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Comparing merali to Warren Buffett is akin to comparing NOCK to KenolKobil ;-)
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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muganda
#29 Posted : Thursday, March 24, 2011 11:30:47 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
On a positive note, some of the blinkers/fast ones/glitter used to deceive investors seem a thing of the past.

So everyone knows Merali is a clever dealmaker who runs mediocre businesses. I still rue the day I supported him voraciously over a dinner chat with friends.
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VituVingiSana
#30 Posted : Thursday, March 24, 2011 2:32:30 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
muganda wrote:
On a positive note, some of the blinkers/fast ones/glitter used to deceive investors seem a thing of the past.

So everyone knows Merali is a clever dealmaker who runs mediocre businesses. I still rue the day I supported him voraciously over a dinner chat with friends.
Your owe your friends a fancy dinner for wasting their time! Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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