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ARM HY2017
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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shiznit wrote:Fyatu wrote:Whenever i pass by the GTC towers in Westlands and see the amount of cement that has been consumed by this behemoth thus far, i feel so sad that my ARM might have missed this opportunity due to lack of production....when in Mombasa and just standing on B8 highway and counting the number of Bamburi ready mix concrete trucks headed to Amu tamu every morning i feel like crying knowing that my ARM is missing this opportunity. For those doubting if Jubilee administration is serious about Lappset, then they better get out of their sits hapo Nairobi and go witness for their selves the level of steel, hardcore and cement consumption that is ongoing there. As @Mugundaman usually says, Wakenya(haswa Nairobians) have this tendency of kelele kila saa thinking that Kenya is nairobi and Nairobi is Kenya etc. Sio kila saa kizungu mingi sijui national debts, sijui debt to gdp ratio, sijui euro bond etc
Hata Hola ni Kenya and Eurobond and China wu-yi company is doing wonders huko. Ask @Obiero and he will attest to this Amu Tamu ni wapi? Are you referring to the Amu power plant? Amu ni Lamu. The Bajuns and Gunya peoples of Lamu have this swahili dialect where certain letters are silent e.g., L is silent when it comes to pronouncing lamu. If Mombasa = Mombasa raha then, Lamu = Lamu tamu Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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So on Bloomberg Dangote mentioned that they are in talks to take over a certain comapany operating in TZ, KE,RW. And blogger Kenyan Wall Street confidently deduced it was ARM yet in the Bloomberg interview, Aliko did not confirm the name of the company. 🤔
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Fyatu wrote:shiznit wrote:Fyatu wrote:Whenever i pass by the GTC towers in Westlands and see the amount of cement that has been consumed by this behemoth thus far, i feel so sad that my ARM might have missed this opportunity due to lack of production....when in Mombasa and just standing on B8 highway and counting the number of Bamburi ready mix concrete trucks headed to Amu tamu every morning i feel like crying knowing that my ARM is missing this opportunity. For those doubting if Jubilee administration is serious about Lappset, then they better get out of their sits hapo Nairobi and go witness for their selves the level of steel, hardcore and cement consumption that is ongoing there. As @Mugundaman usually says, Wakenya(haswa Nairobians) have this tendency of kelele kila saa thinking that Kenya is nairobi and Nairobi is Kenya etc. Sio kila saa kizungu mingi sijui national debts, sijui debt to gdp ratio, sijui euro bond etc
Hata Hola ni Kenya and Eurobond and China wu-yi company is doing wonders huko. Ask @Obiero and he will attest to this Amu Tamu ni wapi? Are you referring to the Amu power plant? Amu ni Lamu. The Bajuns and Gunya peoples of Lamu have this swahili dialect where certain letters are silent e.g., L is silent when it comes to pronouncing lamu. If Mombasa = Mombasa raha then, Lamu = Lamu tamu Bad investments should never be justified... You learn from them and move on...is this Jubilee Government debt fuelled construction boom sustainable?
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Horton wrote:So on Bloomberg Dangote mentioned that they are in talks to take over a certain comapany operating in TZ, KE,RW. And blogger Kenyan Wall Street confidently deduced it was ARM yet in the Bloomberg interview, Aliko did not confirm the name of the company. 🤔 Which company is that apart from ARM? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Ericsson wrote:Horton wrote:So on Bloomberg Dangote mentioned that they are in talks to take over a certain comapany operating in TZ, KE,RW. And blogger Kenyan Wall Street confidently deduced it was ARM yet in the Bloomberg interview, Aliko did not confirm the name of the company. 🤔 Which company is that apart from ARM? So he didn’t even say they were looking at a cement firm. Probably ARM but let’s wait and see?
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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the deal wrote:Fyatu wrote:shiznit wrote:Fyatu wrote:Whenever i pass by the GTC towers in Westlands and see the amount of cement that has been consumed by this behemoth thus far, i feel so sad that my ARM might have missed this opportunity due to lack of production....when in Mombasa and just standing on B8 highway and counting the number of Bamburi ready mix concrete trucks headed to Amu tamu every morning i feel like crying knowing that my ARM is missing this opportunity. For those doubting if Jubilee administration is serious about Lappset, then they better get out of their sits hapo Nairobi and go witness for their selves the level of steel, hardcore and cement consumption that is ongoing there. As @Mugundaman usually says, Wakenya(haswa Nairobians) have this tendency of kelele kila saa thinking that Kenya is nairobi and Nairobi is Kenya etc. Sio kila saa kizungu mingi sijui national debts, sijui debt to gdp ratio, sijui euro bond etc
Hata Hola ni Kenya and Eurobond and China wu-yi company is doing wonders huko. Ask @Obiero and he will attest to this Amu Tamu ni wapi? Are you referring to the Amu power plant? Amu ni Lamu. The Bajuns and Gunya peoples of Lamu have this swahili dialect where certain letters are silent e.g., L is silent when it comes to pronouncing lamu. If Mombasa = Mombasa raha then, Lamu = Lamu tamu Bad investments should never be justified... You learn from them and move on...is this Jubilee Government debt fuelled construction boom sustainable? In my opinion, this is a long overdue investment no matter how bad it looks on paper(madeni).We owe our descendants the development of the Lapssett corridor and the development of Kenya's so called Northern frontier Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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I can confirm that i have seen a freshly used bag of Rhino cement 32.5 at a construction site near me. Rhino is back Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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https://www.businessdailyafrica.com/news/Dangote-in-race-to-buy-troubled-ARM-Cement/539546-4842116-view-asAMP-ksxd19/index.htmlPwC said the process of selling ARM or part of its assets was being handled by South African banking giant Absa, which was appointed as the transaction adviser. “Various parties have been in contact with the administrators expressing interest in the company’s businesses and assets in both Kenya and Tanzania,” the administrators said in a report to ARM’s creditors. “The transaction roadmap that has been agreed with Absa envisages receipt of binding offers by the end of January 2019.” PwC will be able to receive more bids until December 3, after which shortlisted firms will be allowed to start their due diligence, including interviewing management. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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littledove wrote:https://www.businessdailyafrica.com/news/Dangote-in-race-to-buy-troubled-ARM-Cement/539546-4842116-view-asAMP-ksxd19/index.htmlPwC said the process of selling ARM or part of its assets was being handled by South African banking giant Absa, which was appointed as the transaction adviser. “Various parties have been in contact with the administrators expressing interest in the company’s businesses and assets in both Kenya and Tanzania,” the administrators said in a report to ARM’s creditors. “The transaction roadmap that has been agreed with Absa envisages receipt of binding offers by the end of January 2019.”
PwC will be able to receive more bids until December 3, after which shortlisted firms will be allowed to start their due diligence, including interviewing management.  I will have my hands full signing sale/offer documents in 2019! KK, and possibly Unga. Perhaps even ARM. 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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VituVingiSana wrote:littledove wrote:https://www.businessdailyafrica.com/news/Dangote-in-race-to-buy-troubled-ARM-Cement/539546-4842116-view-asAMP-ksxd19/index.htmlPwC said the process of selling ARM or part of its assets was being handled by South African banking giant Absa, which was appointed as the transaction adviser. “Various parties have been in contact with the administrators expressing interest in the company’s businesses and assets in both Kenya and Tanzania,” the administrators said in a report to ARM’s creditors. “The transaction roadmap that has been agreed with Absa envisages receipt of binding offers by the end of January 2019.”
PwC will be able to receive more bids until December 3, after which shortlisted firms will be allowed to start their due diligence, including interviewing management. I will have my hands full signing sale/offer documents in 2019! KK, and possibly Unga. Perhaps even ARM. Will there be anything left for ordinary shareholders Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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