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VituVingiSana
#11 Posted : Monday, March 01, 2021 8:08:02 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
From the comments, it seems I should run out and buy shares in Crown. Or am I being naive?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Kibe21
#12 Posted : Tuesday, March 02, 2021 5:47:15 PM
Rank: New-farer

Joined: 8/1/2018
Posts: 60
Location: Nairobi
VituVingiSana wrote:
From the comments, it seems I should run out and buy shares in Crown. Or am I being naive?

Good quality and affordable paint but also plenty of competition in that space, DuraCost, Basco paints, Plascon etc.
Comb through financials to see if it's worth buying, especially when the economy is doing good and people are building more houses.
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VituVingiSana
#13 Posted : Wednesday, March 03, 2021 11:23:55 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Kibe21 wrote:
VituVingiSana wrote:
From the comments, it seems I should run out and buy shares in Crown. Or am I being naive?

Good quality and affordable paint but also plenty of competition in that space, DuraCost, Basco paints, Plascon etc.
Comb through financials to see if it's worth buying, especially when the economy is doing good and people are building more houses.
Nimesoma but there is a lot more than numbers. Numbers are history. I am trying to get a feel on the ground. I have not had to paint for a while. The sub-contractor said he used Jotun on the exterior.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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