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VituVingiSana
#11 Posted : Saturday, March 06, 2010 8:43:32 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
As mentioned... Only 25% owned by Sameer Africa (tyres)... Which means all can be hidden by the other 75% coz it need not be consolidated or audited by Sameer Tyres auditors...

merali - proceed at your own risk
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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jimmy007
#12 Posted : Monday, March 08, 2010 7:14:19 AM
Rank: New-farer

Joined: 3/8/2010
Posts: 5
Location: india
have you ever been to stock market when were you first joined this market reply.
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mv_ufanisi
#13 Posted : Tuesday, March 09, 2010 10:22:16 AM
Rank: Member

Joined: 1/15/2010
Posts: 625
I second VVS - any Merali controlled stocks are to be approached with extreme caution. Profits might generate but you are not sure that they will accrue to the shareholders.
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sparkly
#14 Posted : Tuesday, March 09, 2010 11:56:28 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Mereli is a gambler per excellence. Other shareholders are collateral in his schemes.
Life is short. Live passionately.
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VituVingiSana
#15 Posted : Tuesday, March 09, 2010 12:03:20 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
merali lines his pocket at shareholder expense... he has the inside info we do not...

Sameer Park is only 25% owned by Sameer Tyres... The cream will be eaten...

merali firms supply goods & services (including 'management') to all his listed firms... So he gets much more beyond the 'dividend'...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#16 Posted : Tuesday, April 13, 2010 8:49:50 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Nation - Merali & insider trading at Uchumi...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mkonomtupu
#17 Posted : Tuesday, April 13, 2010 10:04:49 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
VituVingiSana wrote:
Nation - Merali & insider trading at Uchumi...

Very interesting read. And they call him shrewed
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mapengo
#18 Posted : Tuesday, April 13, 2010 12:27:12 PM
Rank: New-farer

Joined: 1/20/2010
Posts: 27
Location: kenya
Totally agree rem the kencell deal!!
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the deal
#19 Posted : Tuesday, April 13, 2010 12:53:06 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
totally agree invest in this sameer companies with extreme caution...merali is a big schemer with lots of money in his pocket...
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HaMaina
#20 Posted : Monday, August 26, 2019 3:40:07 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Sameer Africa Is Going Down
“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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