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Sameer Africa FY2010 results disappointing
Cde Monomotapa
#11 Posted : Wednesday, March 23, 2011 3:23:11 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Ukiona Sameer, WEKA TYRE! Yaani wakaangwe na mafuta yao wenyewe

LOL!!! Back in the day I used to own Firestone(Sameer). I was so attachd to it, even when things started getting thick, that i'd be around tao checkng on all GoK vehicle tyres to confirm that they were still Firestone just to console thyself. Lol! Nikaja nikachoka, bit the bullet n' scatterd!
jerry
#12 Posted : Wednesday, March 23, 2011 3:35:15 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
youcan'tstopusnow wrote:
Ukiona Sameer, WEKA TYRE! Yaani wakaangwe na mafuta yao wenyewe

>>I'm almost 100% sure noone expected such results even with the warning. Do we expect 2.50-3/= morrow?
The opposite of courage is not cowardice, it's conformity.
mwanahisa
#13 Posted : Wednesday, March 23, 2011 3:36:31 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
youcan'tstopusnow wrote:
Ukiona Sameer, WEKA TYRE! Yaani wakaangwe na mafuta yao wenyewe


Well said!
the deal
#14 Posted : Wednesday, March 23, 2011 5:14:16 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Olympia is another one its slowly slipping into a coma...LOL.
githundi
#15 Posted : Wednesday, March 23, 2011 11:40:54 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
....no comment...
Democracy does not belong to the dead
qw25041985
#16 Posted : Wednesday, March 23, 2011 11:45:42 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
and i thought such industrial companies ride w/ the economy so well....whats goin on here ????????
Your future depends on your dreams so go to sleep !
Wondergirl
#17 Posted : Thursday, March 24, 2011 8:12:50 AM
Rank: Member

Joined: 9/12/2009
Posts: 312
the deal wrote:
Olympia is another one its slowly slipping into a coma...LOL.

I don't own Sammer neither Olimpia, but I do own Express, and its another one that is joining that club. Whats ailing Express, I thought transport business in Kenya is booming?
Wa_ithaka
#18 Posted : Thursday, March 24, 2011 8:21:51 AM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Express lost a major deal with EABL.
Its one of those whose success has been twinned with Kibz era.
The Governor of Nyeri - 2017
mkonomtupu
#19 Posted : Thursday, March 24, 2011 8:52:08 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
qw25041985 wrote:
and i thought such industrial companies ride w/ the economy so well....whats goin on here ????????


we are in an economy with a lot of motion but no movement so i wouldn't go with industrials but rather financials when the economy begins to move then the industrials just before the elections next year. Whoever has cash is king right now
ProverB
#20 Posted : Thursday, March 24, 2011 9:10:14 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
mkonomtupu wrote:
we are in an economy with a lot of motion but no movement so i wouldn't go with industrials but rather financials when the economy begins to move then the industrials just before the elections next year. Whoever has cash is king right now


Agreed.

Financials..sieve/glove of all cash in economy.. every coin in currency must go through a bank..get's in cheaply..loaned out expensively..and drawn back in cheaply..regardless where economy is headed..even in chaos... thus the wider the reach of the bank especially on account of where money is rather than population..the greater the bank's profitability..ere go BBK, Stanchart..


vandalism in 2008 was financed by cash..drawn over the counter and ATMS..in droves..(cash for banks)..distributed to greedy guys who couldn't trust homes/informal deposit spots..butDEPOSITED in there bank accounts... smile
it was amazing that banks did on average 15% better in a chaos/turmoil filled year than previous year!!!
How now? Applause
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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