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ARM Cement FY 2017 disaster - 6.5bn loss
Rank: Elder Joined: 2/16/2007 Posts: 2,114
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May or June..?June just started. heri wrote:Have staff been paid their June salaries?
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Chaka wrote:May or June..?June just started. heri wrote:Have staff been paid their June salaries? May income settled in June
KQ ABP 4.26
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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ARM boss paid Sh114m in year of Sh6.5bn losshttps://www.businessdail...05832-newev0/index.html “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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 No wonder he wants to hang on as CEO. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/20/2008 Posts: 503
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Hope he was one of those people whose salaries were not paid promptly.
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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xxxxx wrote:Hope he was one of those people whose salaries were not paid promptly. He was the probably the first one to be paid. By RTGS. Same day value. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/7/2009 Posts: 41
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VituVingiSana wrote:xxxxx wrote:Hope he was one of those people whose salaries were not paid promptly. He was the probably the first one to be paid. By RTGS. Same day value. that's like 10M per month. Even more than BC. After getting the 1B stock bonus?? GFF. People are living in this Kenya. Sisi hapa ni kusurvive tu Happiness is not the absence of problems, It's the ability to deal with them
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Rank: Member Joined: 7/10/2014 Posts: 145 Location: Nairobi
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Juojo wrote:VituVingiSana wrote:xxxxx wrote:Hope he was one of those people whose salaries were not paid promptly. He was the probably the first one to be paid. By RTGS. Same day value. that's like 10M per month. Even more than BC. After getting the 1B stock bonus?? GFF. People are living in this Kenya. Sisi hapa ni kusurvive tu Not forgetting the underhand deals he could be playing with the company. Salo is just a drop. "Blowing out someone else candle won't make yours shine brighter"-Anonymous
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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Who owns the offices that ARM leases? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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jgithige wrote:Juojo wrote:VituVingiSana wrote:xxxxx wrote:Hope he was one of those people whose salaries were not paid promptly. He was the probably the first one to be paid. By RTGS. Same day value. that's like 10M per month. Even more than BC. After getting the 1B stock bonus?? GFF. People are living in this Kenya. Sisi hapa ni kusurvive tu Not forgetting the underhand deals he could be playing with the company. Salo is just a drop. That is how he was able to become an owner of the now split and sold fertilizer/non-cement business of ARM Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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ARM Cement FY 2017 disaster - 6.5bn loss
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