Juojo wrote:obiero wrote:Angelica _ann wrote:murchr wrote:xxxxx wrote:Ericsson wrote:Pesa Nane wrote:More drama loading...

Don't say you weren't warned
I believe there is a serious COLONOSCOPY going on at ARM. The company will be much more viable investment going forward.
What really went wrong with ARM?
High/expensive debt, TZ manenos and competition!!!
It's not only ARM suffering.. Our economy growth 'numbers' don't correspond with reality on the ground
I like the way we love to sugarcoat mismanagement with economy, mara competition. Let's also agree that CMA has let this country down. How can all this be happening right under their nose. Unless the are also in bed with these managers
CMA is not solely to blame. That "lethargy" comes from the top. Look at GoK's level of borrowing. $3bn Eurobond planned to pay off old loans! The total debt of GoK may hit KES 5,000,000,000,000 [5 Trillion] by 30th Dec 2018.
Assume Kenya's population is 50mn so that's 100,000 per Kenyan! This includes the (currently) economically non-productive members of society eg kids, elderly folk. [BTW, I am not saying they are not economically important or anything of the sort just that those who can produce - working age and actively engaged in production - are a significantly smaller % of the population hence the debt per capita is effectively much higher].
GoK needs to reduce its borrowings while cutting down on waste. Nothing new. Look at the recent 10bn NYS scam. It just goes on and on.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett