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Nairobi Business Ventures FY16
whiteowl
#21 Posted : Thursday, October 12, 2017 1:30:50 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,179
Location: Bohemian Grove
When was the last time a half decent company listed?
obiero
#22 Posted : Thursday, October 12, 2017 8:33:05 PM
Rank: Elder


Joined: 6/23/2009
Posts: 7,116
Location: nairobi
whiteowl wrote:
When was the last time a half decent company listed?

Must be KEGN in 2006
one thing that's certain is that there's uncertainty at the NSE and stocks hate uncertainty
Kusadikika
#23 Posted : Thursday, October 12, 2017 9:39:45 PM
Rank: Veteran


Joined: 7/22/2008
Posts: 1,654
whiteowl wrote:
When was the last time a half decent company listed?




Why would a company want to list? I can imagine it only attracts attention and unfortunately in Kenya it only attracts the wrong attention because our journalists are only interested in the net worth of the individuals involved. There is absolutely no incentive for the likes of Mabati Rolling Mills or Bidco or Brookside Dairies to list their companies.

The really successful companies will never list and are actually very silent. I am thinking of a company like Kensalt the guys who make chumvi. I am sure those guys must be the richest people in Kenya. Salt is so cheap that nobody would think of creating competition so they have a near 100% monopoly. The cash flow is solid and constant. People are never too broke to go without salt.
maka
#24 Posted : Friday, October 13, 2017 7:16:07 AM
Rank: Elder


Joined: 4/22/2010
Posts: 10,104
Location: Nairobi
Kusadikika wrote:
whiteowl wrote:
When was the last time a half decent company listed?




Why would a company want to list? I can imagine it only attracts attention and unfortunately in Kenya it only attracts the wrong attention because our journalists are only interested in the net worth of the individuals involved. There is absolutely no incentive for the likes of Mabati Rolling Mills or Bidco or Brookside Dairies to list their companies.

The really successful companies will never list and are actually very silent. I am thinking of a company like Kensalt the guys who make chumvi. I am sure those guys must be the richest people in Kenya. Salt is so cheap that nobody would think of creating competition so they have a near 100% monopoly. The cash flow is solid and constant. People are never too broke to go without salt.


True...smile

possunt quia posse videntur
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