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Deacons HY17
VituVingiSana
#21 Posted : Tuesday, February 20, 2018 7:45:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
So they finally figured out that they sell over-priced clothes?
https://www.businessdail...12886-6ty7laz/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#22 Posted : Wednesday, February 21, 2018 1:44:38 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
[quote=VituVingiSana]So they finally figured out that they sell over-priced clothes?
https://www.businessdail...2886-6ty7laz/index.html[/quote]


Was at babyshop in sarit centre recently. These guys need to slash their prices by over 50% and inprove Staff attitude for them to earn customer loyalty or goodwill. They seemed to treat their customer like they are doing them a favor
VituVingiSana
#23 Posted : Wednesday, February 21, 2018 7:39:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Horton wrote:
VituVingiSana wrote:
So they finally figured out that they sell over-priced clothes?
https://www.businessdail...2886-6ty7laz/index.html


Was at babyshop in sarit centre recently. These guys need to slash their prices by over 50% and inprove Staff attitude for them to earn customer loyalty or goodwill. They seemed to treat their customer like they are doing them a favor

It seems all they are doing is flogging a dead horse. I am glad I dumped mine [at a loss] and moved on.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#24 Posted : Wednesday, February 21, 2018 11:10:23 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
VituVingiSana wrote:
Horton wrote:
VituVingiSana wrote:
So they finally figured out that they sell over-priced clothes?
https://www.businessdail...2886-6ty7laz/index.html


Was at babyshop in sarit centre recently. These guys need to slash their prices by over 50% and inprove Staff attitude for them to earn customer loyalty or goodwill. They seemed to treat their customer like they are doing them a favor

It seems all they are doing is flogging a dead horse. I am glad I dumped mine [at a loss] and moved on.

Wait a minute sir. Have you ever made a profit from your investments. Asking in humility

KQ ABP 4.26
VituVingiSana
#25 Posted : Thursday, February 22, 2018 12:01:16 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
Horton wrote:
VituVingiSana wrote:
So they finally figured out that they sell over-priced clothes?
https://www.businessdail...2886-6ty7laz/index.html


Was at babyshop in sarit centre recently. These guys need to slash their prices by over 50% and inprove Staff attitude for them to earn customer loyalty or goodwill. They seemed to treat their customer like they are doing them a favor

It seems all they are doing is flogging a dead horse. I am glad I dumped mine [at a loss] and moved on.

Wait a minute sir. Have you ever made a profit from your investments. Asking in humility

Good Question Laughing out loudly Laughing out loudly Laughing out loudly
The answer is YES
BUT I have not had a 100% success rate.
My "poor" investments include:
KQ [sold out. Break-even?]
Olympia [sold out at a loss. Matu the Thief]
ADSS [sold out at a huge loss]
Kenya Finance [Collapsed. Nyammo the Thug]
Deacons [sold out at a loss]
KCB [sold out. There was a Rights Issue but the price dropped. Then KCB did another Rights Issue soon thereafter at a lower price. I should have held on.]
Sasini [sold out after seeing what Merali the Merciless did to Firestone/Sameer shareholders]
(among others)

The "good" news is that I have had some heavy hitters that covered my mistakes.

CUT YOUR LOSSES if you think the management is lousy or a bunch of thieves.



Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#26 Posted : Thursday, February 22, 2018 12:06:52 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
LC Waikiki is the type of retailer that Deacons should have partnered with
https://www.businessdail...314638-rgeiuf/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#27 Posted : Thursday, February 22, 2018 6:59:40 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Horton wrote:
VituVingiSana wrote:
So they finally figured out that they sell over-priced clothes?
https://www.businessdail...2886-6ty7laz/index.html


Was at babyshop in sarit centre recently. These guys need to slash their prices by over 50% and inprove Staff attitude for them to earn customer loyalty or goodwill. They seemed to treat their customer like they are doing them a favor

It seems all they are doing is flogging a dead horse. I am glad I dumped mine [at a loss] and moved on.

Wait a minute sir. Have you ever made a profit from your investments. Asking in humility

Good Question Laughing out loudly Laughing out loudly Laughing out loudly
The answer is YES
BUT I have not had a 100% success rate.
My "poor" investments include:
KQ [sold out. Break-even?]
Olympia [sold out at a loss. Matu the Thief]
ADSS [sold out at a huge loss]
Kenya Finance [Collapsed. Nyammo the Thug]
Deacons [sold out at a loss]
KCB [sold out. There was a Rights Issue but the price dropped. Then KCB did another Rights Issue soon thereafter at a lower price. I should have held on.]
Sasini [sold out after seeing what Merali the Merciless did to Firestone/Sameer shareholders]
(among others)

The "good" news is that I have had some heavy hitters that covered my mistakes.

CUT YOUR LOSSES if you think the management is lousy or a bunch of thieves.




Well noted. In future I would suggest that you stick to large caps since the kahoonas primarily stalk illiquid counters that are easy to manipulate

KQ ABP 4.26
VituVingiSana
#28 Posted : Thursday, February 22, 2018 9:31:11 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Horton wrote:
VituVingiSana wrote:
So they finally figured out that they sell over-priced clothes?
https://www.businessdail...2886-6ty7laz/index.html


Was at babyshop in sarit centre recently. These guys need to slash their prices by over 50% and inprove Staff attitude for them to earn customer loyalty or goodwill. They seemed to treat their customer like they are doing them a favor

It seems all they are doing is flogging a dead horse. I am glad I dumped mine [at a loss] and moved on.

Wait a minute sir. Have you ever made a profit from your investments. Asking in humility

Good Question Laughing out loudly Laughing out loudly Laughing out loudly
The answer is YES
BUT I have not had a 100% success rate.
My "poor" investments include:
KQ [sold out. Break-even?]
Olympia [sold out at a loss. Matu the Thief]
ADSS [sold out at a huge loss]
Kenya Finance [Collapsed. Nyammo the Thug]
Deacons [sold out at a loss]
KCB [sold out. There was a Rights Issue but the price dropped. Then KCB did another Rights Issue soon thereafter at a lower price. I should have held on.]
Sasini [sold out after seeing what Merali the Merciless did to Firestone/Sameer shareholders]
(among others)

The "good" news is that I have had some heavy hitters that covered my mistakes.

CUT YOUR LOSSES if you think the management is lousy or a bunch of thieves.




Well noted. In future I would suggest that you stick to large caps since the kahoonas primarily stalk illiquid counters that are easy to manipulate

I disagree. There’s nothing wrong with well-run small caps. I have FTGH and C&G in my portfolio. KQ was a big cap...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#29 Posted : Thursday, February 22, 2018 9:57:26 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
VituVingiSana wrote:
Horton wrote:
VituVingiSana wrote:
So they finally figured out that they sell over-priced clothes?
https://www.businessdail...2886-6ty7laz/index.html


Was at babyshop in sarit centre recently. These guys need to slash their prices by over 50% and inprove Staff attitude for them to earn customer loyalty or goodwill. They seemed to treat their customer like they are doing them a favor

It seems all they are doing is flogging a dead horse. I am glad I dumped mine [at a loss] and moved on.

Wait a minute sir. Have you ever made a profit from your investments. Asking in humility


Laughing out loudly Laughing out loudly Laughing out loudly
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#30 Posted : Thursday, February 22, 2018 9:59:40 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Horton wrote:
VituVingiSana wrote:
So they finally figured out that they sell over-priced clothes?
https://www.businessdail...2886-6ty7laz/index.html


Was at babyshop in sarit centre recently. These guys need to slash their prices by over 50% and inprove Staff attitude for them to earn customer loyalty or goodwill. They seemed to treat their customer like they are doing them a favor

It seems all they are doing is flogging a dead horse. I am glad I dumped mine [at a loss] and moved on.

Wait a minute sir. Have you ever made a profit from your investments. Asking in humility

Good Question Laughing out loudly Laughing out loudly Laughing out loudly
The answer is YES
BUT I have not had a 100% success rate.
My "poor" investments include:
KQ [sold out. Break-even?]
Olympia [sold out at a loss. Matu the Thief]
ADSS [sold out at a huge loss]
Kenya Finance [Collapsed. Nyammo the Thug]
Deacons [sold out at a loss]
KCB [sold out. There was a Rights Issue but the price dropped. Then KCB did another Rights Issue soon thereafter at a lower price. I should have held on.]
Sasini [sold out after seeing what Merali the Merciless did to Firestone/Sameer shareholders]
(among others)

The "good" news is that I have had some heavy hitters that covered my mistakes.

CUT YOUR LOSSES if you think the management is lousy or a bunch of thieves.




Well noted. In future I would suggest that you stick to large caps since the kahoonas primarily stalk illiquid counters that are easy to manipulate


True @vvs after all this years now you shouldn't be talking about making losses in your Investments in the NSE
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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