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Sameer Africa HY18

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Pesa Nane		#1 Posted : Saturday, August 11, 2018 10:16:33 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane		#2 Posted : Saturday, August 11, 2018 10:19:58 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Pesa Nane plans to be shilingi when he grows up.
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Ericsson		#3 Posted : Saturday, August 11, 2018 11:25:09 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,636 Location: NAIROBI		Pesa Nane wrote: Allan Walmsley sacked in short and they poached a ceo from kirubi Inc company Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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sparkly		#4 Posted : Sunday, August 12, 2018 7:20:44 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Ericsson wrote: Pesa Nane wrote: Allan Walmsley sacked in short and they poached a ceo from kirubi Inc company Good managers tackling bad business. Life is short. Live passionately.
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VituVingiSana		#5 Posted : Thursday, May 02, 2019 12:03:17 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,050 Location: Nairobi		Tyres shortage plunges Sameer into Sh529m loss https://www.businessdail...094936-6xhaf7/index.html Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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VituVingiSana		#6 Posted : Monday, June 17, 2019 2:15:48 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,050 Location: Nairobi		Sameer writes off Sh403m investment in subsidiaries https://www.businessdail...159604-u70hn1/index.html Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Ericsson		#7 Posted : Monday, July 15, 2019 12:20:18 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,636 Location: NAIROBI		https://www.businessdail...6522-ki24itz/index.html City lawyer Andrew Musangi, a kin of billionaire entrepreneur Chris Kirubi, has bought a 1.1 percent stake in tyre distributor Sameer Africa with an eye on the Nairobi Securities Exchange (NSE) listed company’s prime land holdings. Mr Musangi, who has accumulated his stock in the company gradually, is betting that the firm will unlock the value in Sameer’s strategically located land parcels. The lawyer, a son-in-law of billionaire businessman Chris Kirubi, bought an additional 1.2 million shares of Sameer in the year ended December, making him the company’s fourth-biggest shareholder. His stake currently has a market value of Sh10 million. He says he intends to mop up more shares of the company, arguing that they are under-valued. “The mistake that people make is that they see Sameer as a tyre distribution company. I see the value in its land and this will be unlocked in the future,” Mr Musangi said in an interview. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Mastermind		#8 Posted : Monday, July 15, 2019 4:06:51 PM
Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley		Ericsson wrote: https://www.businessdailyafrica.com/news/City-lawyer-buys-Sameer-stake-with-eye-on-prime-land-parcels/539546-5196522-ki24itz/index.html City lawyer Andrew Musangi, a kin of billionaire entrepreneur Chris Kirubi, has bought a 1.1 percent stake in tyre distributor Sameer Africa with an eye on the Nairobi Securities Exchange (NSE) listed company’s prime land holdings. Mr Musangi, who has accumulated his stock in the company gradually, is betting that the firm will unlock the value in Sameer’s strategically located land parcels. The lawyer, a son-in-law of billionaire businessman Chris Kirubi, bought an additional 1.2 million shares of Sameer in the year ended December, making him the company’s fourth-biggest shareholder. His stake currently has a market value of Sh10 million. He says he intends to mop up more shares of the company, arguing that they are under-valued. “The mistake that people make is that they see Sameer as a tyre distribution company. I see the value in its land and this will be unlocked in the future,” Mr Musangi said in an interview. I think he read comment number 23 If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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