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ARM Cement FY 2017 disaster - 6.5bn loss

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Chaka		#81 Posted : Tuesday, June 05, 2018 6:59:02 PM
Rank: Elder Joined: 2/16/2007 Posts: 2,114		May or June..?June just started. heri wrote: Have staff been paid their June salaries?
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obiero		#82 Posted : Tuesday, June 05, 2018 8:23:44 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,329 Location: nairobi		Chaka wrote: May or June..?June just started. heri wrote: Have staff been paid their June salaries? May income settled in June COOP, IMH, KEGN, KQ, MTNU
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HaMaina		#83 Posted : Monday, June 11, 2018 1:24:43 PM
Rank: Veteran Joined: 4/23/2014 Posts: 932		ARM boss paid Sh114m in year of Sh6.5bn loss https://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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VituVingiSana		#84 Posted : Monday, June 11, 2018 2:14:25 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi		HaMaina wrote: ARM boss paid Sh114m in year of Sh6.5bn loss https://www.businessdail...05832-newev0/index.html 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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xxxxx		#85 Posted : Monday, June 11, 2018 7:34:18 PM
Rank: Member Joined: 3/20/2008 Posts: 503		VituVingiSana wrote: HaMaina wrote: ARM boss paid Sh114m in year of Sh6.5bn loss https://www.businessdail...05832-newev0/index.html No wonder he wants to hang on as CEO. Hope he was one of those people whose salaries were not paid promptly.
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VituVingiSana		#86 Posted : Monday, June 11, 2018 11:22:44 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi		xxxxx wrote: VituVingiSana wrote: HaMaina wrote: ARM boss paid Sh114m in year of Sh6.5bn loss https://www.businessdail...05832-newev0/index.html No wonder he wants to hang on as CEO. 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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Juojo		#87 Posted : Tuesday, June 12, 2018 11:47:00 AM
Rank: Member Joined: 7/7/2009 Posts: 41		VituVingiSana wrote: xxxxx wrote: VituVingiSana wrote: HaMaina wrote: ARM boss paid Sh114m in year of Sh6.5bn loss https://www.businessdail...05832-newev0/index.html No wonder he wants to hang on as CEO. 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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jgithige		#88 Posted : Tuesday, June 12, 2018 12:47:23 PM
Rank: Member Joined: 7/10/2014 Posts: 145 Location: Nairobi		Juojo wrote: VituVingiSana wrote: xxxxx wrote: VituVingiSana wrote: HaMaina wrote: ARM boss paid Sh114m in year of Sh6.5bn loss https://www.businessdail...05832-newev0/index.html No wonder he wants to hang on as CEO. 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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VituVingiSana		#89 Posted : Tuesday, June 12, 2018 12:53:17 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi		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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Ericsson		#90 Posted : Tuesday, June 12, 2018 12:54:25 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,822 Location: NAIROBI		jgithige wrote: Juojo wrote: VituVingiSana wrote: xxxxx wrote: VituVingiSana wrote: HaMaina wrote: ARM boss paid Sh114m in year of Sh6.5bn loss https://www.businessdail...05832-newev0/index.html No wonder he wants to hang on as CEO. 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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