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Centum
ngapat
#231 Posted : Monday, February 27, 2017 11:15:36 AM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Ericsson wrote:
http://www.businessdailyafrica.com/corporate/Coop-Bank-lent-Centums-Two-Rivers/539550-3828896-11lcu9a/index.html

Debt burden on this company is worrying now that South Africans are in control of Two Rivers Mall

Taking a loan of 1b shillings to buy the 100 acre piece of land and later awarding employees with 1b shillings bonuses.
It's like borrowing to pay bonuses
“Invest in yourself. Your career is the engine of your wealth.”
Spikes
#232 Posted : Monday, February 27, 2017 11:50:10 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
ngapat wrote:
Ericsson wrote:
http://www.businessdailyafrica.com/corporate/Coop-Bank-lent-Centums-Two-Rivers/539550-3828896-11lcu9a/index.html

Debt burden on this company is worrying now that South Africans are in control of Two Rivers Mall

Taking a loan of 1b shillings to buy the 100 acre piece of land and later awarding employees with 1b shillings bonuses.
It's like borrowing to pay bonuses

Yes! Inventing terminologies of hoodwinking Wanjiko.....Hapa watu watachomeka.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Realtreaty
#233 Posted : Monday, February 27, 2017 7:57:57 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
ngapat wrote:
Ericsson wrote:
http://www.businessdailyafrica.com/corporate/Coop-Bank-lent-Centums-Two-Rivers/539550-3828896-11lcu9a/index.html

Debt burden on this company is worrying now that South Africans are in control of Two Rivers Mall

Taking a loan of 1b shillings to buy the 100 acre piece of land and later awarding employees with 1b shillings bonuses.
It's like borrowing to pay bonuses


smile Take care of your staff who produces and the rest will be profits.
Richard Branson a billionaire always rewards staff well for him to remain strong in business.
Give what belongs to Caesar to Caesar!!!!Laughing out loudly
Horton
#234 Posted : Monday, February 27, 2017 9:07:26 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
ngapat wrote:
Ericsson wrote:
http://www.businessdailyafrica.com/corporate/Coop-Bank-lent-Centums-Two-Rivers/539550-3828896-11lcu9a/index.html

Debt burden on this company is worrying now that South Africans are in control of Two Rivers Mall

Taking a loan of 1b shillings to buy the 100 acre piece of land and later awarding employees with 1b shillings bonuses.
It's like borrowing to pay bonuses



Tell u what, the 1B for 100acres is very good value. Thats 10m per acre! Only concern is if they took 1B from coop to fully purchase the land purchase then :
1. what did they tie down as security?
2. What did they do with the 782m they got from the sale of carbacid?
maka
#235 Posted : Monday, February 27, 2017 9:31:42 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Realtreaty wrote:
Horton wrote:
VituVingiSana wrote:
Malls outdo each other to attract clients, shoppers

http://www.businessdaily...69020-5smym2/index.html

Will there be a mall "crash"? When?

Two Rivers

Karen = The Hub &The Waterfront

Westlands/Parklands = Sarit Center (3x Expansion), Westgate (2x Expansion), Diamond Plaza (2x Expansion)

Ngong Road & environs = Junction, Greenhouse

On (46 kms) Thika Road = Garden City, TRM, Juja City, Spur Mall, Uni City and Mountain Mall.

There are many malls/areas I have not included including on Uhuru Highway, Langata Rd, Mombasa Road...



Malls are overdone similar to hotels where everyone is getting into it.

Havent been to garden city of late but hear they are struggling with tenants? Same with greenhouse!

In my opinion, they should have done a world class theme park, which would accomodate a relatively smaller shopping/recreational and dining area.....water under the bridge!

However, the carlsberg partnership sounds like an interesing preposition for Centum and considering that they hold a very small stake in 2 rivers.



Still we are not there yet. Kenya is growing for the world not for Nairobians only. We want to be peaceful and keep peace and Nairobi will be another Dubai, Singapore, Beijing, hongkong, etc where people will come for services, shopping and relaxing
I dream a Kenya with no crime, a Kenya where people are honorable like the Japanese. You demonstrate peacefully and go home without breaking a grass or a sand. I want a Kenya with no slums, a Kenya with equity and brotherhood. A hardworking country with zero corruption.


That will only happen with proper leadership...Most likely not in our lifetime...
possunt quia posse videntur
actuarywahisa
#236 Posted : Tuesday, February 28, 2017 8:38:45 AM
Rank: Member

Joined: 5/21/2014
Posts: 184
Centum’s Lamu coal project gets energy regulator approval

http://www.businessdaily...30508-84o13xz/index.html
There are too many opportunities all around. Open your eyes and maybe you'll spot one
Ericsson
#237 Posted : Tuesday, February 28, 2017 10:40:18 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
[quote=actuarywahisa]Centum’s Lamu coal project gets energy regulator approval

http://www.businessdaily...0508-84o13xz/index.html[/quote]

Share price falling.
No confidence or excitement
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
bartum
#238 Posted : Tuesday, February 28, 2017 1:09:58 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Why is centum missing from here,is it ethics
http://kenyanwallstreet....estment-journey-in-kenya
Ericsson
#239 Posted : Tuesday, February 28, 2017 1:11:08 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
[quote=bartum]Why is centum missing from here,is it ethics
http://kenyanwallstreet....stment-journey-in-kenya[/quote]

Centum is a small player babaahh
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
dsktop
#240 Posted : Tuesday, February 28, 2017 7:08:36 PM
Rank: Member

Joined: 12/17/2007
Posts: 53
[quote=actuarywahisa]Centum’s Lamu coal project gets energy regulator approval

http://www.businessdaily...0508-84o13xz/index.html[/quote]

Approval despite GoK admitting we have oversupply of preferred energy sources (renewables)

http://www.nation.co.ke/...30352-v7gyra/index.html

Also countries are moving away from coal for obvious reasons...

Lakini nani alituroga Sad
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