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ARM Cement FY16
VituVingiSana
#41 Posted : Monday, October 23, 2017 5:09:02 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,038
Location: Nairobi
Fyatu wrote:
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.

So is it less than 13bn?

Tanzania is a bog for KE firms. I don't think many KE firms make an economic profit in TZ.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#42 Posted : Monday, October 23, 2017 5:13:11 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
VituVingiSana wrote:
Fyatu wrote:
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.

So is it less than 13bn?

Tanzania is a bog for KE firms. I don't think many KE firms make an economic profit in TZ.

If only the Kenyan firms could have been given leeway into Ethiopia and there was peace in South Sudan;Tz will be a no-go zone
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Fyatu
#43 Posted : Monday, October 23, 2017 8:45:28 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
VituVingiSana wrote:
Fyatu wrote:
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.

So is it less than 13bn?

Tanzania is a bog for KE firms. I don't think many KE firms make an economic profit in TZ.


Definitely more than 13bn. Limestone deposits alone minus the factories is more than 13bn
Dumb money becomes dumb only when it listens to smart money
VituVingiSana
#44 Posted : Tuesday, October 24, 2017 4:37:23 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,038
Location: Nairobi
Fyatu wrote:
VituVingiSana wrote:
Fyatu wrote:
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.

So is it less than 13bn?

Tanzania is a bog for KE firms. I don't think many KE firms make an economic profit in TZ.


Definitely more than 13bn. Limestone deposits alone minus the factories is more than 13bn

Careful. TZ gov't may demand 16% of the limestone deposits as well as the factory itself without compensation or taking on the share of debt!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
kimanimsc
#45 Posted : Tuesday, October 24, 2017 9:36:39 AM
Rank: Member


Joined: 5/4/2015
Posts: 241
Location: Kahno
6,104,300 units traded this morning Avg price 15.00
Ericsson
#46 Posted : Tuesday, October 24, 2017 9:40:09 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
[quote=kimanimsc]6,104,300 units traded this morning Avg price 15.00
[

A big investor doing some re-organisation
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#47 Posted : Wednesday, November 08, 2017 11:29:33 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,038
Location: Nairobi
Tough times in TZ for cement firms http://www.dailynews.co....ts-14-6bn-half-year-loss
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
xxxxx
#48 Posted : Monday, November 13, 2017 3:29:06 AM
Rank: Member


Joined: 3/20/2008
Posts: 503

Don't miss this next bus

https://www.google.com/a...frica-cement-warsApplause

Should this impact ÀRMCEMENT's share price?
Ericsson
#49 Posted : Tuesday, November 14, 2017 10:13:47 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
https://www.bloomberg.co...t-in-africa-cement-wars

ARM Cement Ltd., the Kenyan building-materials supplier, is the newest takeover target in the battle among the world’s biggest cement makers to expand in Africa, according to people familiar with the matter.

ARM’s owners are exploring a sale, said the people, who asked not to be identified because the talks are private. The Nairobi-based company is currently valued at about $133 million on the Nairobi stock exchange, though the sellers are seeking more than double that amount, the people said. ARM’s two biggest shareholders are CDC Group Plc, a development-finance institution owned by the U.K. government that invested last year, and the founding Paunrana family.

“We are in the process of finding an equity and a strategic buyer to inject equity into the business,” ARM Managing Director Pradeep Paunrana said by phone on Friday. “The process is on and we expect over the next few weeks to complete that process.”
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
littledove
#50 Posted : Tuesday, November 14, 2017 10:36:23 AM
Rank: Member


Joined: 7/1/2014
Posts: 895
Location: sky
Ericsson wrote:
https://www.bloomberg.com/news/articles/2017-11-10/kenya-s-arm-is-said-to-become-next-target-in-africa-cement-wars

ARM Cement Ltd., the Kenyan building-materials supplier, is the newest takeover target in the battle among the world’s biggest cement makers to expand in Africa, according to people familiar with the matter.

ARM’s owners are exploring a sale, said the people, who asked not to be identified because the talks are private. The Nairobi-based company is currently valued at about $133 million on the Nairobi stock exchange, though the sellers are seeking more than double that amount, the people said. ARM’s two biggest shareholders are CDC Group Plc, a development-finance institution owned by the U.K. government that invested last year, and the founding Paunrana family.

“We are in the process of finding an equity and a strategic buyer to inject equity into the business,” ARM Managing Director Pradeep Paunrana said by phone on Friday. “The process is on and we expect over the next few weeks to complete that process.”

to me this is a clear buy at current price, but im already in
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Ericsson
#51 Posted : Tuesday, November 21, 2017 10:45:08 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
http://www.businessdaily...95860-es1cdiz/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#52 Posted : Friday, January 26, 2018 8:15:21 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,038
Location: Nairobi
Insider dealing
https://www.businessdail...9098-1ubp3kz/index.html

Unga also bought Ennsvalley from the Ndegwas at a crazy high price.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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