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ARM: A Time To Board?
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Ericsson
#41 Posted : Wednesday, August 24, 2016 1:47:01 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
@VVS
More debt to be taken ndio hiyo

http://www.businessdaily...55592-paexjg/index.html

VituVingiSana wrote:
Ericsson wrote:
The debt will be paid down and the company will take in new debt to consolidate the expansion done so far.

What do you mean "consolidate the expansion"?
CDC might be a good source for new debt. Perhaps at better pricing than the current set of banks or CP.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mkate_nusu
#42 Posted : Wednesday, August 24, 2016 1:04:37 PM
Rank: Member


Joined: 5/30/2016
Posts: 332
Location: Kayole
ARM: A Time To Exit
KEGN, KPLC, KQ, SCOM
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sparkly
#43 Posted : Thursday, August 25, 2016 7:38:09 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mkate_nusu wrote:
ARM: A Time To Exit


Time to exit was two years ago at 90.

Exit now, you miss the bull upswing.
Life is short. Live passionately.
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VituVingiSana
#44 Posted : Thursday, August 25, 2016 11:07:43 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
Location: Nairobi
Ericsson wrote:
@VVS
More debt to be taken ndio hiyo

http://www.businessdaily...55592-paexjg/index.html

VituVingiSana wrote:
Ericsson wrote:
The debt will be paid down and the company will take in new debt to consolidate the expansion done so far.

What do you mean "consolidate the expansion"?
CDC might be a good source for new debt. Perhaps at better pricing than the current set of banks or CP.

In the IM, they said that most of the $140mn [$90mn] would be used to pay down debt.

I think the Kitui project is at least 2 years away but with 40% of the shareholding, CDC will be in charge of all major financing decisions. The Veto is strong.

That said, I am NOT buying ARM until post-elections and seeing FY 2016 and 1H 2017 results.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Fyatu
#45 Posted : Thursday, August 25, 2016 11:57:56 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
any information on the proceedings of the extra-ordinary meeting happening today....I have checked twitter for info and even Aly-Khan Satchu has not tweeted about it or was the meeting postponed??
Dumb money becomes dumb only when it listens to smart money
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lochaz-index
#46 Posted : Thursday, August 25, 2016 12:06:06 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
VituVingiSana wrote:
Ericsson wrote:
@VVS
More debt to be taken ndio hiyo

http://www.businessdaily...55592-paexjg/index.html

VituVingiSana wrote:
Ericsson wrote:
The debt will be paid down and the company will take in new debt to consolidate the expansion done so far.

What do you mean "consolidate the expansion"?
CDC might be a good source for new debt. Perhaps at better pricing than the current set of banks or CP.

In the IM, they said that most of the $140mn [$90mn] would be used to pay down debt.

I think the Kitui project is at least 2 years away but with 40% of the shareholding, CDC will be in charge of all major financing decisions. The Veto is strong.

That said, I am NOT buying ARM until post-elections and seeing FY 2016 and 1H 2017 results.

I will also be looking at this stock sometime next year but once all the details come to light.
The main purpose of the stock market is to make fools of as many people as possible.
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VituVingiSana
#47 Posted : Thursday, August 25, 2016 2:08:10 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
Location: Nairobi
Fyatu wrote:
any information on the proceedings of the extra-ordinary meeting happening today....I have checked twitter for info and even Aly-Khan Satchu has not tweeted about it or was the meeting postponed??

Does AKS tweet for firms he doesn't do PR for?
Safaricom and KCB have only positive tweets.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Fyatu
#48 Posted : Thursday, August 25, 2016 2:15:43 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
VituVingiSana wrote:
Fyatu wrote:
any information on the proceedings of the extra-ordinary meeting happening today....I have checked twitter for info and even Aly-Khan Satchu has not tweeted about it or was the meeting postponed??

Does AKS tweet for firms he doesn't do PR for?
Safaricom and KCB have only positive tweets.


Eagerly awaiting to hear about what transpired today at EGM. I am very bullish on ARM...for the longterm
Dumb money becomes dumb only when it listens to smart money
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alotoftalk
#49 Posted : Sunday, September 25, 2016 3:58:28 AM
Rank: Member


Joined: 8/27/2015
Posts: 138
Location: Harare
Wondering if the appointment of two ex PPC Cement directors, Ketso and Pepe, to the ARM Board at the behest of CDC is a signal of how they plan to exit.

http://www.armcement.com...O-BOARD-OF-DIRECTORS.pdf
Investment philosophy development in progress...
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Aguytrying
#50 Posted : Sunday, September 25, 2016 2:43:01 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
The price is getting very tempting day by day.
The investor's chief problem - and even his worst enemy - is likely to be himself
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sparkly
#51 Posted : Sunday, September 25, 2016 10:35:07 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Aguytrying wrote:
The price is getting very tempting day by day.


Very tempting
Life is short. Live passionately.
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Angelica _ann
#52 Posted : Monday, September 26, 2016 11:00:34 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Still going down soon will be sub 20 bob smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Ericsson
#53 Posted : Monday, September 26, 2016 1:10:40 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
Huge dilution of current shareholders following issuance of additional shares to CDC.
Price will even go lower to 15s levels.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Fyatu
#54 Posted : Tuesday, April 18, 2017 1:55:49 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
When is ARM announcing FY16? I think this bus has turned around after bottoming out @18.75
Dumb money becomes dumb only when it listens to smart money
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xxxxx
#55 Posted : Friday, April 28, 2017 5:19:08 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
Fyatu wrote:
When is ARM announcing FY16? I think this bus has turned around after bottoming out @18.75



Seriously, will these guys announce results in May???????Shame on you Shame on you Shame on you Shame on you
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xxxxx
#56 Posted : Tuesday, May 02, 2017 9:23:35 AM
Rank: Member


Joined: 3/20/2008
Posts: 503
Someone please tell me if these guys changed their reporting period. Did anyone see any extension/exemption of/from publishing annual results from CMA or NSE?
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Fyatu
#57 Posted : Tuesday, May 02, 2017 9:40:24 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
xxxxx wrote:
Someone please tell me if these guys changed their reporting period. Did anyone see any extension/exemption of/from publishing annual results from CMA or NSE?


I feel you man. I wonder what is making them not post the report
Dumb money becomes dumb only when it listens to smart money
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VituVingiSana
#58 Posted : Tuesday, May 02, 2017 10:49:08 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
Location: Nairobi
Fyatu wrote:
When is ARM announcing FY16? I think this bus has turned around after bottoming out @18.75

Ask @pesanane to post them. A loss was announced.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mamilli
#59 Posted : Monday, July 10, 2017 7:47:53 PM
Rank: Member


Joined: 10/6/2015
Posts: 249
Location: Nairobi
sparkly wrote:
mkate_nusu wrote:
ARM: A Time To Exit


Time to exit was two years ago at 90.

Exit now, you miss the bull upswing.


http://www.businessdaily...08044-gn4x9lz/index.html
Never lose your position in a bull market,BTFD.
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