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TP Serena EA Ltd HY17
Pesa Nane
#1 Posted : Thursday, August 17, 2017 5:10:52 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Thursday, August 17, 2017 5:12:50 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
murchr
#3 Posted : Thursday, August 17, 2017 5:25:19 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Bottomless pit
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Pesa Nane
#4 Posted : Thursday, August 17, 2017 5:34:43 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#5 Posted : Thursday, August 17, 2017 5:42:29 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Nooren Hirjani, New CFO
Pesa Nane plans to be shilingi when he grows up.
obiero
#6 Posted : Friday, August 18, 2017 7:21:14 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,220
Location: nairobi
Another loss making entity in a growing economy! Tano tena? SMH

KQ ABP 4.26
sparkly
#7 Posted : Friday, August 18, 2017 8:34:34 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
Another loss making entity in a growing economy! Tano tena? SMH


H2 perfomance should be better.
Life is short. Live passionately.
actuarywahisa
#8 Posted : Friday, August 18, 2017 9:08:55 AM
Rank: Member

Joined: 5/21/2014
Posts: 184
When tourist numbers have been reported to have been picking up! sigh!
There are too many opportunities all around. Open your eyes and maybe you'll spot one
sparkly
#9 Posted : Friday, August 18, 2017 9:26:25 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
actuarywahisa wrote:
When tourist numbers have been reported to have been picking up! sigh!


Tourist high season is August-December
Life is short. Live passionately.
VituVingiSana
#10 Posted : Friday, August 18, 2017 10:06:47 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
I like TPSEA [I have a few shares but not as part of my core portfolio] for the management chops. They have done well in a tough industry.

I was at Serena Nairobi and it is a construction site mess! They are refurbishing the hotel as well as building a new extension on the parking lot bordering Kenyatta Ave. New rooms, banquet facilities, etc are on the horizon. The refurbishment must have hit the bottomline was guests avoid construction zones.

Bottomline: The group is positioning itself for the next 5+ years...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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