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Why doing business with Meralli is tough business!
KenyanLyrics
#31 Posted : Thursday, March 24, 2011 3:03:06 PM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
Kenya's Gordon Gekko. So where is Kenya's Bud Fox? smile
erifloss
#32 Posted : Thursday, March 24, 2011 3:25:56 PM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
KenyanLyrics wrote:
Kenya's Gordon Gekko. So where is Kenya's Bud Fox? smile

This guy will fall and he will fall badly. The way of doing biz in Kenya has drastically changed and there is a new breed of investors. We are waiting for the day when the trading cycle will only be T & we will be able to hedge & trade on derivatives, hiyo siku ndio sameer itaona moto. I do know that if its not him then it will be his kids but he will eventually fall (He's not too big not to fail)
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
youcan'tstopusnow
#33 Posted : Tuesday, June 14, 2011 8:55:28 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Meralli, James Mwangi and Chris Kirubi mentioned in 20 most powerful people in African business

http://blogs.forbes.com/...ple-in-african-business/
GOD BLESS YOUR LIFE
Kenyan Oracle
#34 Posted : Wednesday, June 15, 2011 9:01:55 AM
Rank: Member

Joined: 5/31/2011
Posts: 262
guru267 wrote:
i think this jamaa sees a mganga or he owns a crystal ball.... first uchumi then this... d'oh!


Or he's a soothsayer. He pulled out of Uchumi just in time before.... Kencell sellout was a blast. Firestone was 40 sometime back and now?? talk about stocks gymnastics! Sasini rose to an all time high of 177 and there were no major fundamentals behind the rise since most agriculturals were suffering at the time. In Paka he's managed to offload substantial shareholding. Look at Sameer Business park - He was to gain in either way: Did he know the GoK would want to expand Msa rd thus compensate him in Billions for the park? If the park was to stay Ndemo and his lot would make it the ICT center incase Malili fails. Is it being shrewd or ni uganga? I tend to avoid any share with his name tagged to it coz u'd be in for a rollercoaster ride. My two cent. ROR
You lose money chasing women, but you never lose women chasing money - NAS
Genghis Khan
#35 Posted : Wednesday, June 15, 2011 10:54:37 AM
Rank: Member

Joined: 8/5/2010
Posts: 335
Location: Nairobi
VituVingiSana wrote:
Comparing merali to Warren Buffett is akin to comparing NOCK to KenolKobil ;-)


Merali = Moi and KK = Biwott

Not that different? No?
"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
Genghis Khan
#36 Posted : Wednesday, June 15, 2011 11:09:50 AM
Rank: Member

Joined: 8/5/2010
Posts: 335
Location: Nairobi
[quote=youcan'tstopusnow]Meralli, James Mwangi and Chris Kirubi mentioned in 20 most powerful people in African business

http://blogs.forbes.com/...le-in-african-business/[/quote]

"3 of our (Kenya's) best" and ALL HAVE SKELETONS... najivunia!

Having said that, I must also say that these guys are real enterprenuers, I respect them for that.
"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
Gordon Gekko
#37 Posted : Wednesday, June 15, 2011 4:22:07 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
[quote=youcan'tstopusnow]Meralli, James Mwangi and Chris Kirubi mentioned in 20 most powerful people in African business

http://blogs.forbes.com/...le-in-african-business/[/quote]

What do Firestone, Pan Africa Bank and Kenatco have in common?
Genghis Khan
#38 Posted : Wednesday, June 15, 2011 5:14:23 PM
Rank: Member

Joined: 8/5/2010
Posts: 335
Location: Nairobi
Gordon Gekko wrote:
[quote=youcan'tstopusnow]Meralli, James Mwangi and Chris Kirubi mentioned in 20 most powerful people in African business

http://blogs.forbes.com/...le-in-african-business/[/quote]

What do Firestone, Pan Africa Bank and Kenatco have in common?


They're martyrs of Africa's Entrepreneurial Revolution?
"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
muganda
#39 Posted : Tuesday, September 27, 2011 9:24:13 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
A dinner conversation once saw me defending Merali, the man. I've since admitted the man cannot run businesses but you would struggle to identify a better dealmaker in Kenya.

Could the man's nine lives be up, posits this very interesting article Merali’s Midas touch

when you see Merali selling, there could be fire on the mountain.
2009: Merali only at 5% of Zain Kenya; soon out
2008: Merali offloads 60.8% of KDN to Altech
2006: Merali dilutes stake in Eveready to 35% during IPO
2004: Merali makes 1.6b after 2 hours on Kencell deal
2004: Merali sells off EACable to Transcentury for 120% gain


The idea of offloading substantive shares in companies that are seen to be performing well, but whose fortunes start to dwindle immediately thereafter is a trajectory that mirrors just about every element of Merali’s business interactions.

Insurgent
#40 Posted : Tuesday, September 27, 2011 9:36:11 AM
Rank: User

Joined: 8/6/2010
Posts: 594
muganda wrote:
A dinner conversation once saw me defending Merali, the man. I've since admitted the man cannot run businesses but you would struggle to identify a better dealmaker in Kenya.

Could the man's nine lives be up, posits this very interesting article Merali’s Midas touch

when you see Merali selling, there could be fire on the mountain.
2009: Merali only at 5% of Zain Kenya; soon out
2008: Merali offloads 60.8% of KDN to Altech
2006: Merali dilutes stake in Eveready to 35% during IPO
2004: Merali makes 1.6b after 2 hours on Kencell deal
2004: Merali sells off EACable to Transcentury for 120% gain


The idea of offloading substantive shares in companies that are seen to be performing well, but whose fortunes start to dwindle immediately thereafter is a trajectory that mirrors just about every element of Merali’s business interactions.



The more reason this guy should be disconnected from the stock market. After gaining insider information (Uchumi), looking at facts of companies he holds, losing political favour, markets become volatile, etc, the guy literally dumps the companies on to unsuspecting investors who end up bearing the full blow of his evil designs. CMA still sits watching him do all this destruction without investigating him. When the market loses favour with investors, the CMA and NSE blames every body else and anything else except such characters as Merali. Merali cannot run a company without corruption, unethical behaviour, and corporate vices that would give him an upper hand. And some one would dare praise the Greengoblin?


"One man gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous man will prosper; he who refreshes others will himself be refreshed." Rev Canon Karanja.

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