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Sameer Africa - Scraping the bottom of the barrel!!!
Magnetic Touch
#31 Posted : Thursday, March 24, 2011 10:31:46 AM
Rank: Member

Joined: 12/31/2008
Posts: 90
Maybe, there was never any barrel in the first place. NM is good at make believe. It happened with Neveready, God rest its soul!
VituVingiSana
#32 Posted : Thursday, March 24, 2011 11:08:54 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Renegade wrote:
This barrel will soon have no bottom. Demolition will be the last straw. You can be sure the chief will find a way of ensuring that the assets that will be destroyed (and compensated) were all his, not owned together with the minority shareholders.
I checked & I have been telling sameer africa shareholders... The building & land for the new biz park belongs 75% to merali & 25% to SameerAfrica.

Which means if the buildings are demolished & land taken then all SameerAfrica will get will be peanuts [after paying off the loans]...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Iborian
#33 Posted : Thursday, March 24, 2011 12:09:27 PM
Rank: Member

Joined: 4/17/2009
Posts: 194
Why flog a dead horse? Move on.
Renegade
#34 Posted : Friday, July 22, 2011 3:15:53 PM
Rank: Member

Joined: 4/18/2009
Posts: 118
Guys continue to scrape this barrel. At one point this week, the counter had absoultely no supply. Folks never learn.
Iborian
#35 Posted : Friday, July 22, 2011 3:37:38 PM
Rank: Member

Joined: 4/17/2009
Posts: 194
@Renegade. What's your beef? Bei bado iko kobole - the guys you are worrying about haven't lost nothing. Na factory baado iko.
Gordon Gekko
#36 Posted : Wednesday, July 27, 2011 3:10:21 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
H1 2011. Ooooh energy costs ati ooooh power cuts ati oooooh weak regional currencies - nyef nyef

http://www.businessdaily...34/-/buw867/-/index.html
Cde Monomotapa
#37 Posted : Wednesday, July 27, 2011 3:23:18 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Highly anticipating the recession abroad smile
FUNKY
#38 Posted : Wednesday, July 27, 2011 3:24:35 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Even Sameer reported a 12% up in profits for H1 2011. Seems neveready might also report a rise in earnings.
Gordon Gekko
#39 Posted : Wednesday, July 27, 2011 4:29:02 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
FUNKY wrote:
Even Sameer reported a 12% up in profits for H1 2011. Seems neveready might also report a rise in earnings.


Neveready, best performer at close today - 5.26%Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Cde Monomotapa
#40 Posted : Wednesday, July 27, 2011 9:13:52 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Gordon Gekko wrote:
FUNKY wrote:
Even Sameer reported a 12% up in profits for H1 2011. Seems neveready might also report a rise in earnings.


Neveready, best performer at close today - 5.26%Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Was surprised @ Neveready..hadn't noticed that it was doing sub 2 bob untill today Laughing out loudly
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