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Nakumatt: Another ailing Kenyan company
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obiero
#441 Posted : Monday, September 25, 2017 6:54:51 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,323
Location: nairobi
Swenani wrote:
obiero wrote:
Mike Ock wrote:
@obiero here is research by Credit Suisse

https://www.cnbc.com/201...any-under-20-years.html

For the conspiracy theorists, the Kenyatta family's Brookside has been revealed to be the supplier with the biggest debt owed by Nakumatt and they have launched a High Court petition to wind down this useless shop so that they get their money back:

http://www.businessdaily...3736-euociyz/index.html

There is no conspiracy here, just terrible terrible business. I hope that the Kenyatta family can put the final nail in the Nakumatt coffin

From the article I gather that S&P 500 companies are getting younger based on newer entrants in the same space


Getting younger or having a shorter life span based on disruption?

Does having a shorter life span means you are getting younger Sibuor?

@mzee vvs companies such as Facebook and Twitter are less or about 10 years old so when an average is done, they will say look companies are now on average only 20 years old, but not because JC Penny, Chase, Walmart Et al are closed or closing, but because there are many new young firms
COOP, IMH, KEGN, KQ, MTNU
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KulaRaha
#442 Posted : Monday, September 25, 2017 10:49:19 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
An interesting observation: Nakumatt is exiting malls owned by members of their community.
Business opportunities are like buses,there's always another one coming
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Ericsson
#443 Posted : Monday, September 25, 2017 10:58:38 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
KulaRaha wrote:
An interesting observation: Nakumatt is exiting malls owned by members of their community.


My fren pesa haina ukabila
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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KulaRaha
#444 Posted : Monday, September 25, 2017 11:45:37 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Ericsson wrote:
KulaRaha wrote:
An interesting observation: Nakumatt is exiting malls owned by members of their community.


My fren pesa haina ukabila


Really? Then why aren't they exiting Mega, Junction etc?
Business opportunities are like buses,there's always another one coming
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jgithige
#445 Posted : Wednesday, September 27, 2017 12:24:06 PM
Rank: Member

Joined: 7/10/2014
Posts: 145
Location: Nairobi
KulaRaha wrote:
Ericsson wrote:
KulaRaha wrote:
An interesting observation: Nakumatt is exiting malls owned by members of their community.


My fren pesa haina ukabila


Really? Then why aren't they exiting Mega, Junction etc?


Ken Omoro‏ @Kenomoro Sep 20
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But seriously, if Tuskys enters TRM, rent in Roysambu should go down by 50%. Rent was hiked because of Nakumatt.Laughing out loudly Laughing out loudly Laughing out loudly
"Blowing out someone else candle won't make yours shine brighter"-Anonymous
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Ericsson
#446 Posted : Sunday, October 01, 2017 4:35:23 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
Nakumatt exits junction mall
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#447 Posted : Sunday, October 01, 2017 5:20:34 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
Ericsson wrote:
Nakumatt exits junction mall

things must be very thick for Nakumatt
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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obiero
#448 Posted : Sunday, October 01, 2017 5:29:51 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,323
Location: nairobi
Angelica _ann wrote:
Ericsson wrote:
Nakumatt exits junction mall

things must be very thick for Nakumatt

Things are elephant
COOP, IMH, KEGN, KQ, MTNU
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winmak
#449 Posted : Sunday, October 01, 2017 5:44:11 PM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
obiero wrote:
Angelica _ann wrote:
Ericsson wrote:
Nakumatt exits junction mall

things must be very thick for Nakumatt

Things are elephant


And the convenience marriage with Tuskys is on shaky ground... Maybe the sooner they call this monkey out the better
For investors as a whole, returns decrease as motion increases ~ WB
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Ericsson
#450 Posted : Sunday, October 01, 2017 5:59:42 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
Niliwashow september mtaona mambo.
Ndio hayo kwa sasa.
Asanteni
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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