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Nakumatt IPO in 6-12 months.
shocks
#31 Posted : Friday, October 28, 2016 1:33:31 AM
Rank: Member

Joined: 3/15/2009
Posts: 362
Is the company paying staff salaries on time, this is one busines where usipowalipa they can easily pay themselves
murchr
#32 Posted : Friday, October 28, 2016 3:55:48 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Setting up in almost all malls in every corner is not such a wise idea. Too many retail outlets (Naivas, Tuskys, Uchumi, Nakumatt, Mulleys, na wengine) serious segmentation is needed.
"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
.
VituVingiSana
#33 Posted : Friday, October 28, 2016 5:23:03 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
It's highly unlikely Nakumatt will do an IPO in this market, in its current state and under such negative news/circumstances. Let them clean up their books first. It makes more sense to get a "significant" investor who can ride the roller-coaster for a few years as well as provide financing.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
littledove
#34 Posted : Friday, October 28, 2016 8:33:58 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
http://www.businessdailyafrica.com/Supermarkets-in-turmoil-as-heavy-debt-load-weighs/539552-3432754-juj5h4z/index.html
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Ericsson
#35 Posted : Friday, October 28, 2016 8:38:41 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Nakumatt to sell 25% to strategic investor
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
iris
#36 Posted : Friday, October 28, 2016 9:32:44 AM
Rank: Member

Joined: 9/11/2014
Posts: 228
Location: Nairobi
Ericsson wrote:
http://www.capitalfm.co.ke/business/2014/10/nakumatt-mashujaa-opens-its-doors-in-eastlands/


@Ericsson, the article is from 2014 d'oh!
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