wazua Sun, Jun 24, 2018
Welcome Guest Search | Active Topics | Log In | Register

23 Pages«<56789>»
ARM HY2017
Ebenyo
#121 Posted : Friday, February 02, 2018 6:45:23 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,220
Location: Kitale



EAPC,ARM and BAMBURI: we lack real options.something has to give.
Dont work for money.Let your money work for you.
Ericsson
#122 Posted : Friday, February 02, 2018 8:41:06 PM
Rank: Elder


Joined: 12/4/2009
Posts: 4,829
Location: NAIROBI
Kaa na lafarge Bamburi
The rest achana nazo
Ebenyo
#123 Posted : Friday, February 02, 2018 10:47:36 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,220
Location: Kitale
Ericsson wrote:
Kaa na lafarge Bamburi
The rest achana nazo


hasante elder Ericson.
Dont work for money.Let your money work for you.
Fyatu
#124 Posted : Wednesday, February 07, 2018 10:11:55 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,099
Location: Nakuru
National Cement Company(Simba Cement) will be launching its clinker plant today. ARM main proposition/competitive edge has been that it is a producer of clinker. Are we looking at a future where there will be oversupply of clinker and hence more lower cement prices? Anyone with cement production vs. consumption statistics in East Africa??
Mnataka nifanye nini jameni?? d'oh! d'oh!
Ericsson
#125 Posted : Wednesday, March 07, 2018 3:23:00 PM
Rank: Elder


Joined: 12/4/2009
Posts: 4,829
Location: NAIROBI
We are at below sh.11 per share.
Next stage sh.9
CDC hapa they were conned of their money by Paunrana
Ericsson
#126 Posted : Monday, March 12, 2018 10:32:20 AM
Rank: Elder


Joined: 12/4/2009
Posts: 4,829
Location: NAIROBI
ARM issues a loss warning.
The loss for FY 2017 will be bigger than last year's.
Angelica _ann
#127 Posted : Monday, March 12, 2018 11:26:10 AM
Rank: Elder


Joined: 12/7/2012
Posts: 8,635
Ericsson wrote:
ARM issues a loss warning.
The loss for FY 2017 will be bigger than last year's.


Kwani what really went wrong with ARM?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
xxxxx
#128 Posted : Monday, March 12, 2018 11:48:46 AM
Rank: Member


Joined: 3/20/2008
Posts: 278
Angelica _ann wrote:
Ericsson wrote:
ARM issues a loss warning.
The loss for FY 2017 will be bigger than last year's.


Kwani what really went wrong with ARM?


Must be several years of cooking the books. This clearly goes way beyond elections, TZ coal or even the economy.Intact, despite the drip drops of new information, this thing should be trading at KES1 Laughing out loudly Laughing out loudly Laughing out loudly
Pesa Nane
#129 Posted : Monday, March 12, 2018 12:00:18 PM
Rank: Elder


Joined: 5/25/2012
Posts: 3,718
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
VituVingiSana
#130 Posted : Monday, March 12, 2018 12:46:31 PM
Rank: Chief


Joined: 1/3/2007
Posts: 14,164
Location: Nairobi
Angelica _ann wrote:
Ericsson wrote:
ARM issues a loss warning.
The loss for FY 2017 will be bigger than last year's.


Kwani what really went wrong with ARM?
Debt fueled (aggressive) expansion.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#131 Posted : Monday, March 12, 2018 1:55:35 PM
Rank: Elder


Joined: 12/4/2009
Posts: 4,829
Location: NAIROBI
ARM Cement is now the latest firm to issue a profit warning for the 2017 financial year, meaning that the NSE-listed company will post a loss of at least Sh3.5 billion.
Ebenyo
#132 Posted : Monday, March 12, 2018 2:48:53 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,220
Location: Kitale
VituVingiSana wrote:
Angelica _ann wrote:
Ericsson wrote:
ARM issues a loss warning.
The loss for FY 2017 will be bigger than last year's.


Kwani what really went wrong with ARM?
Debt fueled (aggressive) expansion.


They went into Tanzania wakachomeka vibaya
Dont work for money.Let your money work for you.
obiero
#133 Posted : Monday, March 12, 2018 3:11:05 PM
Rank: Elder


Joined: 6/23/2009
Posts: 9,207
Location: nairobi
Pesa Nane wrote:

I'm yet to sight a more inspirational profit warning announcement
DISCLAIMER: @obiero, MBA-MIS, CISA. Opinionated, owner of www.winda.co.ke. Aims to be factual and logical..
Spikes
#134 Posted : Monday, March 12, 2018 4:43:35 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,407
Location: Mombasa
Ebenyo wrote:
VituVingiSana wrote:
Angelica _ann wrote:
Ericsson wrote:
ARM issues a loss warning.
The loss for FY 2017 will be bigger than last year's.


Kwani what really went wrong with ARM?
Debt fueled (aggressive) expansion.


They went into Tanzania wakachomeka vibaya


Walichomeka vibaya sana! Laughing out loudly Laughing out loudly Laughing out loudly
Ignorance of the victim is big business for the villain.
Ericsson
#135 Posted : Monday, March 12, 2018 7:06:25 PM
Rank: Elder


Joined: 12/4/2009
Posts: 4,829
Location: NAIROBI
Spikes wrote:
Ebenyo wrote:
VituVingiSana wrote:
Angelica _ann wrote:
Ericsson wrote:
ARM issues a loss warning.
The loss for FY 2017 will be bigger than last year's.


Kwani what really went wrong with ARM?
Debt fueled (aggressive) expansion.


They went into Tanzania wakachomeka vibaya


Walichomeka vibaya sana! Laughing out loudly Laughing out loudly Laughing out loudly

Paunrana family mismanaged the company.
A mortician should do the final rites
Ericsson
#136 Posted : Monday, March 19, 2018 11:45:15 AM
Rank: Elder


Joined: 12/4/2009
Posts: 4,829
Location: NAIROBI
Lafarge begins due diligence on ARM Cement as Dangote Backs out

It was reported late last year by Bloomberg that four of the world’s largest cement manufacturers; LafargeHolcim, Heidelberg Cement AG, Dangote Cement Plc and Titan Cement Co. SA of Greece were exploring a potential bid for Kenyan troubled cement maker ARM Cement.

A source with knowledge of the matter has intimated to Kenyan Wallstreet that Dangote Cement, Heidelberg and Titan Cement companies have formally dropped out of the bidding, leaving Lafarge to explore possibilities of buying a majority stake in the company which is currently on the verge of sinking if not rescued on time.

According to the source, Lafarge, the world’s largest cement maker has engaged a team of consultants to conduct due diligence on ARM Cement and explore synergies that could be created if the deal goes through. The process, which is at an early stage, seeks to analyze potential opportunities, and perform financial valuations and business assessments including the identification of risks and opportunities.

“We are in the process of finding an equity and a strategic buyer to inject equity into the business,” ARM MD Pradeep Paunrana was quoted by Bloomberg in December. “The process is on and we expect over the next few weeks to complete that process.” He also added that there were more than six potential investors at the time.

Nevertheless, this buy would be an immensely bold, complicated and pricey move: NSE-listed ARM Cement has a market cap of Sh 12.7 Billion but the company’s majority shareholders (Paunranas & CDC) expect a premium offer.

Just last week, ARM issued a late profit warning, projecting that the Group’s net loss for the financial year ended 31 December 2017 may widen by at least Sh3.5 billion from a loss of Sh1.4 billion in the previous year. The Group is of the opinion that difficult market conditions have negatively impacted its performance as well as the import ban for coal in Tanzania. Additionally, the Group attributes a possible net earnings decrease on the extended and disruptive election period in Kenya and a strain on its working capital.

It’s also worthwhile mentioning that LafargeHolcim is already a significant player in the local market with 41.7 per cent stake in East Africa Portland Cement (EAPCC) and a controlling stake of 58.9 per cent at rival firm Bamburi Cement, Kenya’s biggest cement producer.
VituVingiSana
#137 Posted : Monday, March 19, 2018 6:36:18 PM
Rank: Chief


Joined: 1/3/2007
Posts: 14,164
Location: Nairobi
Ericsson wrote:
Lafarge begins due diligence on ARM Cement as Dangote Backs out

It was reported late last year by Bloomberg that four of the world’s largest cement manufacturers; LafargeHolcim, Heidelberg Cement AG, Dangote Cement Plc and Titan Cement Co. SA of Greece were exploring a potential bid for Kenyan troubled cement maker ARM Cement.

A source with knowledge of the matter has intimated to Kenyan Wallstreet that Dangote Cement, Heidelberg and Titan Cement companies have formally dropped out of the bidding, leaving Lafarge to explore possibilities of buying a majority stake in the company which is currently on the verge of sinking if not rescued on time.

According to the source, Lafarge, the world’s largest cement maker has engaged a team of consultants to conduct due diligence on ARM Cement and explore synergies that could be created if the deal goes through. The process, which is at an early stage, seeks to analyze potential opportunities, and perform financial valuations and business assessments including the identification of risks and opportunities.

“We are in the process of finding an equity and a strategic buyer to inject equity into the business,” ARM MD Pradeep Paunrana was quoted by Bloomberg in December. “The process is on and we expect over the next few weeks to complete that process.” He also added that there were more than six potential investors at the time.

Nevertheless, this buy would be an immensely bold, complicated and pricey move: NSE-listed ARM Cement has a market cap of Sh 12.7 Billion but the company’s majority shareholders (Paunranas & CDC) expect a premium offer.

Just last week, ARM issued a late profit warning, projecting that the Group’s net loss for the financial year ended 31 December 2017 may widen by at least Sh3.5 billion from a loss of Sh1.4 billion in the previous year. The Group is of the opinion that difficult market conditions have negatively impacted its performance as well as the import ban for coal in Tanzania. Additionally, the Group attributes a possible net earnings decrease on the extended and disruptive election period in Kenya and a strain on its working capital.

It’s also worthwhile mentioning that LafargeHolcim is already a significant player in the local market with 41.7 per cent stake in East Africa Portland Cement (EAPCC) and a controlling stake of 58.9 per cent at rival firm Bamburi Cement, Kenya’s biggest cement producer.

This might not fly with the Competition Authority unless LaFarge dumps their stake in EAPCC.
If it happens, then it is full circle again. Bamburi bailed out ARM in the 90s and then Paunrana maneuvered to kick them off the board. Bamburi sold their shares in ARM at a profit.
CDC must be ruing the day they took PP's call!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
lochaz-index
#138 Posted : Tuesday, March 20, 2018 12:14:13 PM
Rank: Member


Joined: 9/18/2014
Posts: 796
Ericsson wrote:
Lafarge begins due diligence on ARM Cement as Dangote Backs out

It was reported late last year by Bloomberg that four of the world’s largest cement manufacturers; LafargeHolcim, Heidelberg Cement AG, Dangote Cement Plc and Titan Cement Co. SA of Greece were exploring a potential bid for Kenyan troubled cement maker ARM Cement.

A source with knowledge of the matter has intimated to Kenyan Wallstreet that Dangote Cement, Heidelberg and Titan Cement companies have formally dropped out of the bidding, leaving Lafarge to explore possibilities of buying a majority stake in the company which is currently on the verge of sinking if not rescued on time.

According to the source, Lafarge, the world’s largest cement maker has engaged a team of consultants to conduct due diligence on ARM Cement and explore synergies that could be created if the deal goes through. The process, which is at an early stage, seeks to analyze potential opportunities, and perform financial valuations and business assessments including the identification of risks and opportunities.

“We are in the process of finding an equity and a strategic buyer to inject equity into the business,” ARM MD Pradeep Paunrana was quoted by Bloomberg in December. “The process is on and we expect over the next few weeks to complete that process.” He also added that there were more than six potential investors at the time.

Nevertheless, this buy would be an immensely bold, complicated and pricey move: NSE-listed ARM Cement has a market cap of Sh 12.7 Billion but the company’s majority shareholders (Paunranas & CDC) expect a premium offer.

Just last week, ARM issued a late profit warning, projecting that the Group’s net loss for the financial year ended 31 December 2017 may widen by at least Sh3.5 billion from a loss of Sh1.4 billion in the previous year. The Group is of the opinion that difficult market conditions have negatively impacted its performance as well as the import ban for coal in Tanzania. Additionally, the Group attributes a possible net earnings decrease on the extended and disruptive election period in Kenya and a strain on its working capital.

It’s also worthwhile mentioning that LafargeHolcim is already a significant player in the local market with 41.7 per cent stake in East Africa Portland Cement (EAPCC) and a controlling stake of 58.9 per cent at rival firm Bamburi Cement, Kenya’s biggest cement producer.

From being one of the priciest stocks in the bourse to literally angling for a bailout. Perils of over-leveraging.
The main purpose of the stock market is to make fools of as many people as possible.
wukan
#139 Posted : Tuesday, March 20, 2018 12:35:35 PM
Rank: Member


Joined: 11/13/2015
Posts: 665
lochaz-index wrote:
Ericsson wrote:
Lafarge begins due diligence on ARM Cement as Dangote Backs out

It was reported late last year by Bloomberg that four of the world’s largest cement manufacturers; LafargeHolcim, Heidelberg Cement AG, Dangote Cement Plc and Titan Cement Co. SA of Greece were exploring a potential bid for Kenyan troubled cement maker ARM Cement.

A source with knowledge of the matter has intimated to Kenyan Wallstreet that Dangote Cement, Heidelberg and Titan Cement companies have formally dropped out of the bidding, leaving Lafarge to explore possibilities of buying a majority stake in the company which is currently on the verge of sinking if not rescued on time.

According to the source, Lafarge, the world’s largest cement maker has engaged a team of consultants to conduct due diligence on ARM Cement and explore synergies that could be created if the deal goes through. The process, which is at an early stage, seeks to analyze potential opportunities, and perform financial valuations and business assessments including the identification of risks and opportunities.

“We are in the process of finding an equity and a strategic buyer to inject equity into the business,” ARM MD Pradeep Paunrana was quoted by Bloomberg in December. “The process is on and we expect over the next few weeks to complete that process.” He also added that there were more than six potential investors at the time.

Nevertheless, this buy would be an immensely bold, complicated and pricey move: NSE-listed ARM Cement has a market cap of Sh 12.7 Billion but the company’s majority shareholders (Paunranas & CDC) expect a premium offer.

Just last week, ARM issued a late profit warning, projecting that the Group’s net loss for the financial year ended 31 December 2017 may widen by at least Sh3.5 billion from a loss of Sh1.4 billion in the previous year. The Group is of the opinion that difficult market conditions have negatively impacted its performance as well as the import ban for coal in Tanzania. Additionally, the Group attributes a possible net earnings decrease on the extended and disruptive election period in Kenya and a strain on its working capital.

It’s also worthwhile mentioning that LafargeHolcim is already a significant player in the local market with 41.7 per cent stake in East Africa Portland Cement (EAPCC) and a controlling stake of 58.9 per cent at rival firm Bamburi Cement, Kenya’s biggest cement producer.

From being one of the priciest stocks in the bourse to literally angling for a bailout. Perils of over-leveraging.


The leverage would have worked had the cement consumption kept up with the patterns during the Kibaki administration. Something just went wrong around 2014.
lochaz-index
#140 Posted : Tuesday, March 20, 2018 1:18:22 PM
Rank: Member


Joined: 9/18/2014
Posts: 796
wukan wrote:
lochaz-index wrote:
Ericsson wrote:
Lafarge begins due diligence on ARM Cement as Dangote Backs out

It was reported late last year by Bloomberg that four of the world’s largest cement manufacturers; LafargeHolcim, Heidelberg Cement AG, Dangote Cement Plc and Titan Cement Co. SA of Greece were exploring a potential bid for Kenyan troubled cement maker ARM Cement.

A source with knowledge of the matter has intimated to Kenyan Wallstreet that Dangote Cement, Heidelberg and Titan Cement companies have formally dropped out of the bidding, leaving Lafarge to explore possibilities of buying a majority stake in the company which is currently on the verge of sinking if not rescued on time.

According to the source, Lafarge, the world’s largest cement maker has engaged a team of consultants to conduct due diligence on ARM Cement and explore synergies that could be created if the deal goes through. The process, which is at an early stage, seeks to analyze potential opportunities, and perform financial valuations and business assessments including the identification of risks and opportunities.

“We are in the process of finding an equity and a strategic buyer to inject equity into the business,” ARM MD Pradeep Paunrana was quoted by Bloomberg in December. “The process is on and we expect over the next few weeks to complete that process.” He also added that there were more than six potential investors at the time.

Nevertheless, this buy would be an immensely bold, complicated and pricey move: NSE-listed ARM Cement has a market cap of Sh 12.7 Billion but the company’s majority shareholders (Paunranas & CDC) expect a premium offer.

Just last week, ARM issued a late profit warning, projecting that the Group’s net loss for the financial year ended 31 December 2017 may widen by at least Sh3.5 billion from a loss of Sh1.4 billion in the previous year. The Group is of the opinion that difficult market conditions have negatively impacted its performance as well as the import ban for coal in Tanzania. Additionally, the Group attributes a possible net earnings decrease on the extended and disruptive election period in Kenya and a strain on its working capital.

It’s also worthwhile mentioning that LafargeHolcim is already a significant player in the local market with 41.7 per cent stake in East Africa Portland Cement (EAPCC) and a controlling stake of 58.9 per cent at rival firm Bamburi Cement, Kenya’s biggest cement producer.

From being one of the priciest stocks in the bourse to literally angling for a bailout. Perils of over-leveraging.


The leverage would have worked had the cement consumption kept up with the patterns during the Kibaki administration. Something just went wrong around 2014.

With ARM this is a case of deja vu as @VVS has intimated above. They tend to bite more than they can chew. Despite the anemic econ the other cement producers are not in the same predicament.
The main purpose of the stock market is to make fools of as many people as possible.
Users browsing this topic
Guest
23 Pages«<56789>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2018 Wazua.co.ke. All Rights Reserved.