Ericsson wrote:EABL should have setup a real estate arm and construct commercial buildings for rent on the land they own.
Not their core business. EABL cannot compete with shady folks who can get land sub-divided in hours, NCA permits in a day, etc.
EABL needs to concentrate on making more beer at a lower cost. And tackle the distributors who are trying to undercut EABL.
KenolKobil's CEO wanted to build a new HQ for 1.5bn but apparently the 'owners' [Total Man & family] said stick to selling fuel. Now KK is back in the OTS market using that Shs 1.5bn instead of getting into a business that isn't a core competency for them.
Owning assets eg petrol stations [& some rental units as part of the petrol station] is fine. So for EABL to own depots or factories is a-OK. For EABL to get into the Commercial Rental market is not sensible. IMHO.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett