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Centum Full Year results 2017/2018
VituVingiSana
#121 Posted : Monday, November 12, 2018 11:13:16 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Straddling Two Rivers
https://www.businessdail...43596-jjf8fl/index.html

Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
maka
#122 Posted : Monday, November 12, 2018 11:16:55 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
VituVingiSana wrote:


Naughty choice of words... smile
possunt quia posse videntur
Angelica _ann
#123 Posted : Monday, November 12, 2018 11:18:57 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
maka wrote:
VituVingiSana wrote:


Naughty choice of words... smile


They couldn't get a local to run the place?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
VituVingiSana
#124 Posted : Monday, November 12, 2018 11:37:39 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Angelica _ann wrote:
maka wrote:
VituVingiSana wrote:


Naughty choice of words... smile


They couldn't get a local to run the place?

1) Get the best - look at how Naikuni effed up KQ and now we have a Pole trying to revive it.
2) There are many Kenyans in Zambia in high-level documents. Also in Rwanda and Uganda.
3) Old Mutual might run the shots and SA firms are huge in Zambia. She may have worked for a SA firm.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#125 Posted : Tuesday, November 13, 2018 12:12:24 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Sidian gets Sh235m funding for agribusiness SME loans
https://www.businessdail...8712-fsof6vz/index.html
Baby steps to get Sidian back in black...

"The loan, which runs for eight years, comes with technical assistance in the form of capacity building to better equip the bank’s staff with skills on best practices for agribusiness financing and product structuring."
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#126 Posted : Tuesday, November 13, 2018 11:24:02 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Sidian gets Sh235m funding for agribusiness SME loans
https://www.businessdail...8712-fsof6vz/index.html
Baby steps to get Sidian back in black...

"The loan, which runs for eight years, comes with technical assistance in the form of capacity building to better equip the bank’s staff with skills on best practices for agribusiness financing and product structuring."


Next on line to be sold off
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
whiteowl
#127 Posted : Thursday, November 15, 2018 11:38:04 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
VituVingiSana wrote:
Sidian gets Sh235m funding for agribusiness SME loans
https://www.businessdail...8712-fsof6vz/index.html
Baby steps to get Sidian back in black...

"The loan, which runs for eight years, comes with technical assistance in the form of capacity building to better equip the bank’s staff with skills on best practices for agribusiness financing and product structuring."


How much more money is going to be poured into this black hole before they call it quit?
jmbada
#128 Posted : Thursday, November 15, 2018 11:51:11 AM
Rank: Member

Joined: 1/1/2011
Posts: 396
VituVingiSana wrote:

What a lazy article!
the deal
#129 Posted : Thursday, November 15, 2018 5:03:46 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
This stock might go the Kenol Kobil way... If the DJ is ailing & can't do the day to day anymore and he doesn't have a successor among his children... Then the right thing to do is to sell to some of this SA companies like he has done with Haco to Tiger brands... UAP to Old Mutual... I don't think the DJ is the passive investor type... There were rumours a few years back that Investec were interested... Time will tell... At the moment the discount to NAV is mouth watering barring the troubles at Sidian Bank & real estate projects...
Ericsson
#130 Posted : Thursday, November 15, 2018 5:48:33 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
the deal wrote:
This stock might go the Kenol Kobil way... If the DJ is ailing & can't do the day to day anymore and he doesn't have a successor among his children... Then the right thing to do is to sell to some of this SA companies like he has done with Haco to Tiger brands... UAP to Old Mutual... I don't think the DJ is the passive investor type... There were rumours a few years back that Investec were interested... Time will tell... At the moment the discount to NAV is mouth watering barring the troubles at Sidian Bank & real estate projects...


He intended to make Polycarp Igathe the successor.
His stake in Centum is about 31% not meaningful for an investor who wants to control and give strategic direction
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
17 Pages«<1112131415>»
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