wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

5 Pages<12345>
Deacons HY18
Options
Previous Topic · Next Topic
VituVingiSana
#21 Posted : Monday, November 19, 2018 1:54:40 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
the deal wrote:
@VVS once said this is the next Gap https://www.businessdail...57592-t1ncb5/index.html d'oh! d'oh! Shame on you

Dear @thedeal,

If you can find and post the so-called quote I made that "this is the next Gap" [please post the entire quote/post so it is in context] then I will admit it AND donate $100 to a charity that plants trees. Please provide the date and thread of the quote as well.

If you cannot find the so-called quote you said I made that "this is the next Gap" then as an apology, please send $100 to the same charity as indicated above.

I shall provide info of this charity as soon as we have the answer.

This is line with my new resolution of discussing the merits and demerits of investments.

Sincerely,

VVS

P.S. Doesn't apply to @Obiero (& KQ) coz I want a little fun Laughing out loudly plus he still owes me 100k + interest smile

Lol. Let me help look for the quote, seems like something you would say..
Let him back up his words with $100!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Fyatu
#22 Posted : Monday, November 19, 2018 3:02:52 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Angelica _ann wrote:
wukan wrote:
The CEO earns 23m a year to run this thing to the ground and burn shareholders and bondholders to recognition. Kenya has a peculiar way of rewarding mediocrity


There are bondholders in here, whah Corporate governance in Kenya goes back to the dogs. Pole kwao!!!!


Pain. Was this firm also listed by introduction and not by IPO? There is a pattern here on our soko mjinga(NSE)....
Dumb money becomes dumb only when it listens to smart money
Back to top
  |
Ericsson
#23 Posted : Monday, November 19, 2018 4:26:37 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Fyatu wrote:
Angelica _ann wrote:
wukan wrote:
The CEO earns 23m a year to run this thing to the ground and burn shareholders and bondholders to recognition. Kenya has a peculiar way of rewarding mediocrity


There are bondholders in here, whah Corporate governance in Kenya goes back to the dogs. Pole kwao!!!!


Pain. Was this firm also listed by introduction and not by IPO? There is a pattern here on our soko mjinga(NSE)....


A production of the tough economic times,when you saw empty malls,just know they were the next casualties
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
2012
#24 Posted : Tuesday, November 20, 2018 9:53:16 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
I still don't understand why Deacons did not go online. Their core business should have been online since they had already built trust from customers. Huge opportunity missed.

BBI will solve it :)
Back to top
  |
Ericsson
#25 Posted : Tuesday, November 20, 2018 9:58:29 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
2012 wrote:
I still don't understand why Deacons did not go online. Their core business should have been online since they had already built trust from customers. Huge opportunity missed.


Ask Safaricom and its masoko then you'll realise online isn't that lucrative in Kenya
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Angelica _ann
#26 Posted : Tuesday, November 20, 2018 1:32:01 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
2012 wrote:
I still don't understand why Deacons did not go online. Their core business should have been online since they had already built trust from customers. Huge opportunity missed.


Ask Safaricom and its masoko then you'll realise online isn't that lucrative in Kenya


How come Kilimall and Jumia online seem to be doing just fine?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  |
Ericsson
#27 Posted : Tuesday, November 20, 2018 1:48:38 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Angelica _ann wrote:
Ericsson wrote:
2012 wrote:
I still don't understand why Deacons did not go online. Their core business should have been online since they had already built trust from customers. Huge opportunity missed.


Ask Safaricom and its masoko then you'll realise online isn't that lucrative in Kenya


How come Kilimall and Jumia online seem to be doing just fine?


Jumia online is doing fine ?????
Read the below;
https://www.businessdail...6688-baq1s7z/index.html

E-commerce company Jumia has sunk deeper in the red, posting a Sh14.9 billion loss before tax and other costs in the year ended December compared to Sh11.3 billion a year earlier.

The loss does not give an indication of the company’s bottom-line as it excludes most of the standard business expenses including finance costs, depreciation and stock-based compensation.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#28 Posted : Tuesday, November 20, 2018 3:19:37 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Lots of complaints about Jumia.
Jumia is a platform and not the seller for many of the items so quality control may be an issue.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Horton
#29 Posted : Tuesday, November 20, 2018 3:58:05 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
I remember Centum trying to buy a stake in Deacons and then backed out. Was intelligent of them. They must have seen this coming I guess
Back to top
  |
Ericsson
#30 Posted : Tuesday, November 20, 2018 4:17:33 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Horton wrote:
I remember Centum trying to buy a stake in Deacons and then backed out. Was intelligent of them. They must have seen this coming I guess


But they bought KREP Bank
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
5 Pages<12345>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.