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Flame Tree Group Buying Spree
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Quote:About Flame Tree Group
Flame Tree Group is a world class corporation in the heart of Africa developing and providing quality and affordable brands. We are a customer centric, results driven and forward thinking company. We build long term relationships with our customers, our people and our shareholders.
Flame Tree Group is listed under the Growth and Enterprise Market Segment (GEMS) on the Nairobi Securities Exchange (NSE) as NSE: FTGH
It has operations in Kenya, Rwanda, Ethiopia, Mauritius, Mozambique and Dubai. It operates in cosmetics, plastics and trading, with a brand portfolio that includes Roto Tanks, Jojo Plastics, Natures Own Spices, Chigs, Honeycomb, Gonuts, Happy’s, Zoe, Cerro, Alana Skin, Siora, and Buildmart. It was founded in
1989 and now employs over 1,000 people, who are focused on delivering quality, value and innovation to improve their customer’s lives. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Pesa Nane wrote:Quote:About Flame Tree Group
Flame Tree Group is a world class corporation in the heart of Africa developing and providing quality and affordable brands. We are a customer centric, results driven and forward thinking company. We build long term relationships with our customers, our people and our shareholders.
Flame Tree Group is listed under the Growth and Enterprise Market Segment (GEMS) on the Nairobi Securities Exchange (NSE) as NSE: FTGH
It has operations in Kenya, Rwanda, Ethiopia, Mauritius, Mozambique and Dubai. It operates in cosmetics, plastics and trading, with a brand portfolio that includes Roto Tanks, Jojo Plastics, Natures Own Spices, Chigs, Honeycomb, Gonuts, Happy’s, Zoe, Cerro, Alana Skin, Siora, and Buildmart. It was founded in
1989 and now employs over 1,000 people, who are focused on delivering quality, value and innovation to improve their customer’s lives. It has triggered my buy price of below 7.00 but i still haven't pulled the trigger. Should the many acquisitions worry potential investors? This company has some healthy margins and churns out a tidy EPS The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Aguytrying wrote:Pesa Nane wrote:Quote:About Flame Tree Group
Flame Tree Group is a world class corporation in the heart of Africa developing and providing quality and affordable brands. We are a customer centric, results driven and forward thinking company. We build long term relationships with our customers, our people and our shareholders.
Flame Tree Group is listed under the Growth and Enterprise Market Segment (GEMS) on the Nairobi Securities Exchange (NSE) as NSE: FTGH
It has operations in Kenya, Rwanda, Ethiopia, Mauritius, Mozambique and Dubai. It operates in cosmetics, plastics and trading, with a brand portfolio that includes Roto Tanks, Jojo Plastics, Natures Own Spices, Chigs, Honeycomb, Gonuts, Happy’s, Zoe, Cerro, Alana Skin, Siora, and Buildmart. It was founded in
1989 and now employs over 1,000 people, who are focused on delivering quality, value and innovation to improve their customer’s lives. It has triggered my buy price of below 7.00 but i still haven't pulled the trigger. Should the many acquisitions worry potential investors? This company has some healthy margins and churns out a tidy EPS Looks cheap BUT 1) Lots of competition in the categories including food, beauty products and tanks. Each category has many competitors. 2) How is FTG financing the deals? [Some IPO cash but then debt?] Pros: Growth areas as construction [tanks, plastics] increases in the region. Food is food. Prepared foods market is growing. And we know as long as we like the ladies put on makeup... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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I just have a simple question: with all these acquisitions, do they have enough human assets to manage everything properly? Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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I read somewhere that they are targeting a rights issue in the next 2 years or so..
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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The market is suffering. 2020 is going to be tough for FTGH. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote: The market is suffering. 2020 is going to be tough for FTGH. Are you still in this tuktuk? Life is short. Live passionately.
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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sparkly wrote:VituVingiSana wrote: The market is suffering. 2020 is going to be tough for FTGH. Are you still in this tuktuk? No need to panic. FY 2019 will be a profit and perhaps a dividend. Dumb money becomes dumb only when it listens to smart money
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