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Where is Sameer headed?
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Cde Monomotapa
#11 Posted : Tuesday, May 03, 2011 3:52:36 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Casino economics smile ;-)
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VituVingiSana
#12 Posted : Tuesday, May 03, 2011 8:30:11 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
fresher2010 wrote:
miser wrote:
Of the magnificent building(sameer business park) and gava's intention to be the sole tenant-did the deal go through?,how much do sammeer shareholders own of it?Any one in the know?


I heard that sameer group owns 25% of the business park and 75% by mombasa road development company (owned by meralli and schwartzman of hy young). The government might take it up, if cck is allocated the cash in this years budget...

i picked up a few shares when it was 6bob, just for speculation purposes
I have been telling people that! merali played the sameer africa shareholders!

Yes, Sameer Africa only owns 25% of the Biz Park...
Also if there is debt on the books then the 25% only represents equity. Add the opacity of the deal since Sameer Africa shareholders can't ask questions!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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sparkly
#13 Posted : Wednesday, May 04, 2011 8:10:25 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Tyre business is a dead business. Horrible margins
Life is short. Live passionately.
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mukiha
#14 Posted : Wednesday, May 04, 2011 10:23:00 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
To answer the original question: Sameer is going the Kencell way. Only make money for Meralli
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Impunity
#15 Posted : Wednesday, May 04, 2011 10:52:37 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
mukiha wrote:
To answer the original question: Sameer is going the Kencell way. Only make money for Meralli


@Mukhisa kituyi nonetheless is this share an item for sweet speculation?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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mukiha
#16 Posted : Wednesday, May 04, 2011 1:21:17 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Impunity wrote:
mukiha wrote:
To answer the original question: Sameer is going the Kencell way. Only make money for Meralli


@Mukhisa kituyi nonetheless is this share an item for sweet speculation?

Ask Meralli
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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2012
#17 Posted : Wednesday, May 04, 2011 2:28:00 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
It's moving on very small margins. Could be the owner and his peeps pushing the price up... you never know...

BBI will solve it :)
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