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Nakumatt IPO in 6-12 months.
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NEWBEE
#11 Posted : Sunday, August 24, 2014 7:55:01 AM
Rank: Hello

Joined: 1/22/2014
Posts: 6
they did not say an ipo really, the listing will be through introduction.
in the next 6-12 months they are selling 25% to a strategic partner. then in a year or two the listing and it will be cross listing.

rather than argue about the listing dates why not discuss the prospects of it being a viable buy or not. wzua is no longer what it used to be. lets get back to when it was market discussion and less or how much i have invested. know your worth keep calm make more. you never see a Rolls-Royce ad on t.v because they know their worth so they keep calm.
the nakummat listing has been an enigma for a time though lets wait and see if this time they are for real. my two pence contribution
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VituVingiSana
#12 Posted : Tuesday, August 26, 2014 10:25:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Hey @newbee http://www.youtube.com/watch?v=Squv4KI751w
A Rolls Royce Ad... On youtube... Not sure if it was on TV
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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murchr
#13 Posted : Wednesday, August 27, 2014 6:52:05 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
NEWBEE wrote:
they did not say an ipo really, the listing will be through introduction.
in the next 6-12 months they are selling 25% to a strategic partner. then in a year or two the listing and it will be cross listing.

rather than argue about the listing dates why not discuss the prospects of it being a viable buy or not. wzua is no longer what it used to be. lets get back to when it was market discussion and less or how much i have invested. know your worth keep calm make more. you never see a Rolls-Royce ad on t.v because they know their worth so they keep calm.
the nakummat listing has been an enigma for a time though lets wait and see if this time they are for real. my two pence contribution


What is that? And why is Nakumatt an enigma?? In case you have not noticed, in this republic, people discuss whatever they feel like however, and whenever and its a choice to comment on whatever. Now if you feel you can drive a better discussion why not do it instead of spilling hogwash here?

The reason why you don't see that RR TV commercial, is because you are definitely not the targeted audience, i guess u know why.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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The optimist
#14 Posted : Tuesday, September 09, 2014 8:00:22 AM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
Nakumatt has opened a branch along Lunga lunga in industrial area. Am yet to understand the business sense behind it considering its location.
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Swenani
#15 Posted : Tuesday, September 09, 2014 9:48:45 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
The optimist wrote:
Nakumatt has opened a branch along Lunga lunga in industrial area. Am yet to understand the business sense behind it considering its location.


Do you know how many people work in Industrial area.Shopping after work will be better to them than shopping during weekends.

I guess thats why Tuskys have two branches in Industrial area
If Obiero did it, Who Am I?
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watesh
#16 Posted : Saturday, October 10, 2015 1:31:09 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Nakumatt expanding in Western Kenya through an acquisition http://www.businessdaily...0/-/m9qt35/-/index.html

Meanwhile, we are still waiting for that NSE listing since Uchumi has lost most of its goodwill. I did a small experiment at 11am on a Friday. Went to the Uchumi in the CBD Aga Khan walk, inside its basically a ghost town. Proceeded to Nakumatt Moi Avenue afterwards, frenzy of activity inside. High activity actually.
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mawinder
#17 Posted : Saturday, October 10, 2015 5:41:19 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
watesh wrote:
Nakumatt expanding in Western Kenya through an acquisition http://www.businessdaily...0/-/m9qt35/-/index.html

Meanwhile, we are still waiting for that NSE listing since Uchumi has lost most of its goodwill. I did a small experiment at 11am on a Friday. Went to the Uchumi in the CBD Aga Khan walk, inside its basically a ghost town. Proceeded to Nakumatt Moi Avenue afterwards, frenzy of activity inside. High activity actually.

NAKUMATT will never list as this will make it open to scrutiny. I am sure it is not that "profitable" if you check with KRA. There is also the issue of Charterhouse bank and it being a conduit of money laundering.
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Chaka
#18 Posted : Saturday, October 10, 2015 8:01:02 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
watesh wrote:
Nakumatt expanding in Western Kenya through an acquisition http://www.businessdaily...0/-/m9qt35/-/index.html

Meanwhile, we are still waiting for that NSE listing since Uchumi has lost most of its goodwill. I did a small experiment at 11am on a Friday. Went to the Uchumi in the CBD Aga Khan walk, inside its basically a ghost town. Proceeded to Nakumatt Moi Avenue afterwards, frenzy of activity inside. High activity actually.

I hope that activity was not buying bread and milk?
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whiteowl
#19 Posted : Saturday, October 10, 2015 10:02:08 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
mawinder wrote:
watesh wrote:
Nakumatt expanding in Western Kenya through an acquisition http://www.businessdaily...0/-/m9qt35/-/index.html

Meanwhile, we are still waiting for that NSE listing since Uchumi has lost most of its goodwill. I did a small experiment at 11am on a Friday. Went to the Uchumi in the CBD Aga Khan walk, inside its basically a ghost town. Proceeded to Nakumatt Moi Avenue afterwards, frenzy of activity inside. High activity actually.

NAKUMATT will never list as this will make it open to scrutiny. I am sure it is not that "profitable" if you check with KRA. There is also the issue of Charterhouse bank and it being a conduit of money laundering.


I concur, they're too shady to go public.
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VituVingiSana
#20 Posted : Sunday, October 11, 2015 2:24:56 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
whiteowl wrote:
mawinder wrote:
watesh wrote:
Nakumatt expanding in Western Kenya through an acquisition http://www.businessdaily...0/-/m9qt35/-/index.html

Meanwhile, we are still waiting for that NSE listing since Uchumi has lost most of its goodwill. I did a small experiment at 11am on a Friday. Went to the Uchumi in the CBD Aga Khan walk, inside its basically a ghost town. Proceeded to Nakumatt Moi Avenue afterwards, frenzy of activity inside. High activity actually.

NAKUMATT will never list as this will make it open to scrutiny. I am sure it is not that "profitable" if you check with KRA. There is also the issue of Charterhouse bank and it being a conduit of money laundering.


I concur, they're too shady to go public.

Why are folks chasing after firms that are not investable vs looking for firms one can invest in?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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