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ARM Cement FY16
Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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http://www.businessdaily...83672-7lkxw2z/index.htmlWealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:http://www.businessdailyafrica.com/corporate/Stanbic-Nigerian-lender-gainers--Sh14-1bn-ARM/539550-3983672-7lkxw2z/index.html Quote:Stanbic Bank Kenya CFC • 72.00 and Africa Finance Corporation (AFC) were among the biggest beneficiaries of the Sh14.1 billion that UK’s sovereign wealth fund CDC Group injected into cement manufacturer ARM last year for a 40.6 per cent stake. Mediocre reporting. To a bank early payment of a loan is not a benefit. It's a disaster. Life is short. Live passionately.
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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sparkly wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/Stanbic-Nigerian-lender-gainers--Sh14-1bn-ARM/539550-3983672-7lkxw2z/index.html Quote:Stanbic Bank Kenya CFC • 72.00 and Africa Finance Corporation (AFC) were among the biggest beneficiaries of the Sh14.1 billion that UK’s sovereign wealth fund CDC Group injected into cement manufacturer ARM last year for a 40.6 per cent stake. Mediocre reporting. To a bank early payment of a loan is not a benefit. It's a disaster. Atleast better than a default... Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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mamilli wrote:sparkly wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/Stanbic-Nigerian-lender-gainers--Sh14-1bn-ARM/539550-3983672-7lkxw2z/index.html Quote:Stanbic Bank Kenya CFC • 72.00 and Africa Finance Corporation (AFC) were among the biggest beneficiaries of the Sh14.1 billion that UK’s sovereign wealth fund CDC Group injected into cement manufacturer ARM last year for a 40.6 per cent stake. Mediocre reporting. To a bank early payment of a loan is not a benefit. It's a disaster. Atleast better than a default... You are intelligent.. People have been hard coded to see the negative in every situation instead of the positive HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:mamilli wrote:sparkly wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/Stanbic-Nigerian-lender-gainers--Sh14-1bn-ARM/539550-3983672-7lkxw2z/index.html Quote:Stanbic Bank Kenya CFC • 72.00 and Africa Finance Corporation (AFC) were among the biggest beneficiaries of the Sh14.1 billion that UK’s sovereign wealth fund CDC Group injected into cement manufacturer ARM last year for a 40.6 per cent stake. Mediocre reporting. To a bank early payment of a loan is not a benefit. It's a disaster. Atleast better than a default... You are intelligent.. People have been hard coded to see the negative in every situation instead of the positive As an investor in Stanbic, I would have preferred that all the money from CDC go into the core business of ARM, strengthening the business and ensuring a stream of interest income. If I was a minority shareholder in ARM, I would be disappointed by the dilution by CDC. Equity is dilutive and the cost of equity is also higher than cost of debt. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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@sparkly Stanbic are Happy to have gotten their money now. Strengthening the business and seeing the returns takes time and going by the way ARM was performing that loan they were going to have difficulties repaying Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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sparkly wrote:obiero wrote:mamilli wrote:sparkly wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/Stanbic-Nigerian-lender-gainers--Sh14-1bn-ARM/539550-3983672-7lkxw2z/index.html Quote:Stanbic Bank Kenya CFC • 72.00 and Africa Finance Corporation (AFC) were among the biggest beneficiaries of the Sh14.1 billion that UK’s sovereign wealth fund CDC Group injected into cement manufacturer ARM last year for a 40.6 per cent stake. Mediocre reporting. To a bank early payment of a loan is not a benefit. It's a disaster. Atleast better than a default... You are intelligent.. People have been hard coded to see the negative in every situation instead of the positive As an investor in Stanbic, I would have preferred that all the money from CDC go into the core business of ARM, strengthening the business and ensuring a stream of interest income. If I was a minority shareholder in ARM, I would be disappointed by the dilution by CDC. Equity is dilutive and the cost of equity is also higher than cost of debt. the best thing is that finance cost will come down hence freeing more cash into core business. Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ebenyo wrote:sparkly wrote:obiero wrote:mamilli wrote:sparkly wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/Stanbic-Nigerian-lender-gainers--Sh14-1bn-ARM/539550-3983672-7lkxw2z/index.html Quote:Stanbic Bank Kenya CFC • 72.00 and Africa Finance Corporation (AFC) were among the biggest beneficiaries of the Sh14.1 billion that UK’s sovereign wealth fund CDC Group injected into cement manufacturer ARM last year for a 40.6 per cent stake. Mediocre reporting. To a bank early payment of a loan is not a benefit. It's a disaster. Atleast better than a default... You are intelligent.. People have been hard coded to see the negative in every situation instead of the positive As an investor in Stanbic, I would have preferred that all the money from CDC go into the core business of ARM, strengthening the business and ensuring a stream of interest income. If I was a minority shareholder in ARM, I would be disappointed by the dilution by CDC. Equity is dilutive and the cost of equity is also higher than cost of debt. the best thing is that finance cost will come down hence freeing more cash into core business. ARM needs to go win market share, grow volumes, increase efficiency to compete effectively in the crowded cement market... Not to save costs. 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:Ebenyo wrote:sparkly wrote:obiero wrote:mamilli wrote:sparkly wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/Stanbic-Nigerian-lender-gainers--Sh14-1bn-ARM/539550-3983672-7lkxw2z/index.html Quote:Stanbic Bank Kenya CFC • 72.00 and Africa Finance Corporation (AFC) were among the biggest beneficiaries of the Sh14.1 billion that UK’s sovereign wealth fund CDC Group injected into cement manufacturer ARM last year for a 40.6 per cent stake. Mediocre reporting. To a bank early payment of a loan is not a benefit. It's a disaster. Atleast better than a default... You are intelligent.. People have been hard coded to see the negative in every situation instead of the positive As an investor in Stanbic, I would have preferred that all the money from CDC go into the core business of ARM, strengthening the business and ensuring a stream of interest income. If I was a minority shareholder in ARM, I would be disappointed by the dilution by CDC. Equity is dilutive and the cost of equity is also higher than cost of debt. the best thing is that finance cost will come down hence freeing more cash into core business. ARM needs to go win market share, grow volumes, increase efficiency to compete effectively in the crowded cement market... Not to save costs. Mombasa cement seems to have edged out Rhino cement in the 32.5 strength category in some parts of the country where Rhino was dominant.. Dumb money becomes dumb only when it listens to smart money
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Rank: Member Joined: 5/21/2014 Posts: 184
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sparkly wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/Stanbic-Nigerian-lender-gainers--Sh14-1bn-ARM/539550-3983672-7lkxw2z/index.html Quote:Stanbic Bank Kenya CFC • 72.00 and Africa Finance Corporation (AFC) were among the biggest beneficiaries of the Sh14.1 billion that UK’s sovereign wealth fund CDC Group injected into cement manufacturer ARM last year for a 40.6 per cent stake. Mediocre reporting. To a bank early payment of a loan is not a benefit. It's a disaster. Not at all if the debtor is struggling. Stanbic just has to find a new home for the money. There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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actuarywahisa wrote:sparkly wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/Stanbic-Nigerian-lender-gainers--Sh14-1bn-ARM/539550-3983672-7lkxw2z/index.html Quote:Stanbic Bank Kenya CFC • 72.00 and Africa Finance Corporation (AFC) were among the biggest beneficiaries of the Sh14.1 billion that UK’s sovereign wealth fund CDC Group injected into cement manufacturer ARM last year for a 40.6 per cent stake. Mediocre reporting. To a bank early payment of a loan is not a benefit. It's a disaster. Not at all if the debtor is struggling. Stanbic just has to find a new home for the money. the new home for the money can be the kenya pipeline syndicate loan or future KQ loans Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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dilution risk continues to escalate Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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Pesa Nane wrote:dilution risk continues to escalate That 2nd last statement clearly indicates that Wanjiku doesn't matter!!!! 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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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Angelica _ann wrote:Pesa Nane wrote:dilution risk continues to escalate That 2nd last statement clearly indicates that Wanjiku doesn't matter!!!! The paunrana family being pushed aside and CDC taking over management Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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Pesa Nane wrote:dilution risk continues to escalate If it takes dilution so as to have a healthy balance sheet,so be it.Share price will almost always reflect the fundamentals of a company "in the fullness of time" Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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maka wrote:https://www.standardmedia.co.ke/mobile/amp/article/2001258006/tanzania-miscalculation-that-has-cost-arm-cement-billions-of-shillings Nice read Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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Rank: Member Joined: 9/27/2006 Posts: 496
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Pretty sad that ARM had to let the fertilizer business go. Paunrana had a great vision for it.
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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maka wrote:https://www.standardmedia.co.ke/mobile/amp/article/2001258006/tanzania-miscalculation-that-has-cost-arm-cement-billions-of-shillings Good read.From my goggles point of view,what Paunrana is telling Wanjiku is that sh.13 does not reflect the value of ARM given the assets it holds. Dumb money becomes dumb only when it listens to smart money
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