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ARM Cement FY16
Ericsson
#21 Posted : Friday, June 23, 2017 3:23:37 PM
Rank: Elder


Joined: 12/4/2009
Posts: 3,891
Location: NAIROBI
sparkly
#22 Posted : Friday, June 23, 2017 4:39:56 PM
Rank: Elder


Joined: 9/23/2009
Posts: 5,596
Location: Enk are Nyirobi
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.
mamilli
#23 Posted : Friday, June 23, 2017 6:28:27 PM
Rank: New-farer


Joined: 10/6/2015
Posts: 89
Location: nairobi kenya
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...
its all about the cheddar....
obiero
#24 Posted : Friday, June 23, 2017 6:33:42 PM
Rank: Elder


Joined: 6/23/2009
Posts: 7,644
Location: nairobi
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
www.winda.co.ke
sparkly
#25 Posted : Friday, June 23, 2017 8:56:48 PM
Rank: Elder


Joined: 9/23/2009
Posts: 5,596
Location: Enk are Nyirobi
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.
Ericsson
#26 Posted : Friday, June 23, 2017 11:48:07 PM
Rank: Elder


Joined: 12/4/2009
Posts: 3,891
Location: NAIROBI
@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
Ebenyo
#27 Posted : Saturday, June 24, 2017 7:57:01 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 981
Location: Kitale
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.
Dont work for money.Let your money work for you.
sparkly
#28 Posted : Saturday, June 24, 2017 12:00:21 PM
Rank: Elder


Joined: 9/23/2009
Posts: 5,596
Location: Enk are Nyirobi
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.
Fyatu
#29 Posted : Saturday, June 24, 2017 12:10:17 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 925
Location: Nakuru
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..
actuarywahisa
#30 Posted : Tuesday, June 27, 2017 10:36:59 AM
Rank: Member


Joined: 5/21/2014
Posts: 171
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
Ericsson
#31 Posted : Tuesday, June 27, 2017 10:38:43 AM
Rank: Elder


Joined: 12/4/2009
Posts: 3,891
Location: NAIROBI
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
Pesa Nane
#32 Posted : Wednesday, October 11, 2017 10:14:08 AM
Rank: Elder


Joined: 5/25/2012
Posts: 3,411
Location: 08c

dilution risk continues to escalate
Pesa Nane plans to be shilingi when he grows up.
Angelica _ann
#33 Posted : Wednesday, October 11, 2017 10:24:39 AM
Rank: Elder


Joined: 12/7/2012
Posts: 7,858
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
Ericsson
#34 Posted : Wednesday, October 11, 2017 10:48:15 AM
Rank: Elder


Joined: 12/4/2009
Posts: 3,891
Location: NAIROBI
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
mamilli
#35 Posted : Wednesday, October 11, 2017 10:57:40 AM
Rank: New-farer


Joined: 10/6/2015
Posts: 89
Location: nairobi kenya
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"
its all about the cheddar....
maka
#36 Posted : Monday, October 23, 2017 11:31:50 AM
Rank: Elder


Joined: 4/22/2010
Posts: 10,212
Location: Nairobi
Ericsson
#37 Posted : Monday, October 23, 2017 11:55:37 AM
Rank: Elder


Joined: 12/4/2009
Posts: 3,891
Location: NAIROBI
maka wrote:
https://www.standardmedia.co.ke/mobile/amp/article/2001258006/tanzania-miscalculation-that-has-cost-arm-cement-billions-of-shillings


Nice read
Angelica _ann
#38 Posted : Monday, October 23, 2017 11:58:08 AM
Rank: Elder


Joined: 12/7/2012
Posts: 7,858
Ericsson wrote:
maka wrote:
https://www.standardmedia.co.ke/mobile/amp/article/2001258006/tanzania-miscalculation-that-has-cost-arm-cement-billions-of-shillings


Nice read


In hind sight, Paunrana says the firm should not have built a big plant in Tanzania. “There were too many headwinds that created a perfect storm. But there is no point in regretting. CDC put in $140 million just last year. How could an army of experts from London also get it wrong? Nobody could predict this.”

Sad Sad Sad smile smile 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
deadpoet
#39 Posted : Monday, October 23, 2017 1:18:09 PM
Rank: Member


Joined: 9/27/2006
Posts: 355
Pretty sad that ARM had to let the fertilizer business go. Paunrana had a great vision for it.
Fyatu
#40 Posted : Monday, October 23, 2017 2:24:25 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 925
Location: Nakuru
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.
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