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Sameer smeared?
Rank: Elder Joined: 8/16/2011 Posts: 2,260
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After Firestone re-branded to Yana,did the international name it held go away making Yana look simple and drop in market value from what it used to be to what it is today?
Yana has stalled, the wheels are not revolving at the right speed.
The management (sameer investments) have taken hold of the remaining Bridgestone holding and hope this was in order to boost business than kill it.
smeerAfrica should source a partner who will be a good source of the much coveted "Raw materials". Malysia, Singapore, Thiland and China control much of the sources in Asia and Meralis should be better placed to do the necessary. The by-products of the oil find in Kenya need to be secured in improving the Sameer company, The matatu industry with Saccos could be targeted and offered better prices to buy Yna tyres.
Hope Merali is reading this.
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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Realtreaty wrote:Hope Merali is reading this. As if he cares  Thieves
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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Realtreaty wrote:After Firestone re-branded to Yana,did the international name it held go away making Yana look simple and drop in market value from what it used to be to what it is today?
Yana has stalled, the wheels are not revolving at the right speed.
The management (sameer investments) have taken hold of the remaining Bridgestone holding and hope this was in order to boost business than kill it.
smeerAfrica should source a partner who will be a good source of the much coveted "Raw materials". Malysia, Singapore, Thiland and China control much of the sources in Asia and Meralis should be better placed to do the necessary. The by-products of the oil find in Kenya need to be secured in improving the Sameer company, The matatu industry with Saccos could be targeted and offered better prices to buy Yana tyres.
Hope Merali is reading this. The biggest problem I personally experienced about 3yrs back was a significant drop in tyre quality while prices kept going up. Their tyres rarely gave the expected mileage or lifespan. Thank God for the Indonesians (GTR,Maxxis) and Indians (Apollo) who offered reasonably priced but superior quality tyres. Buying Kenya to build Kenya doesn't mean I should tolerate inferior quality goods that are exorbitantly priced. Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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King G wrote:Realtreaty wrote:Hope Merali is reading this. As if he cares #Truth Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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 that great as Merali has been reading my theories or others may assume I had insider info. But its true Sameer has refused to make money by getting an investor to help it source materials and inject capital and technology. With its current biz, Yana (sameer) just needed a partner from Asia where rubber products can be easily sourced. Now that China is owning and investing in kenya say Foton motors, China Bridges, etc sameer could take that advantage to propell the company thro a partnership. Wheels re-exported from Egypt coming from Asia will be expensive if China camped here. Sameer can also rent its Biz park for partner offices. So I am waiting to see Sameer clock its old place of 25-35 Kes soon.
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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Realtreaty wrote: that great as Merali has been reading my theories or others may assume I had insider info. But its true Sameer has refused to make money by getting an investor to help it source materials and inject capital and technology. With its current biz, Yana (sameer) just needed a partner from Asia where rubber products can be easily sourced. Now that China is owning and investing in kenya say Foton motors, China Bridges, etc sameer could take that advantage to propell the company thro a partnership. Wheels re-exported from Egypt coming from Asia will be expensive if China camped here. Sameer can also rent its Biz park for partner offices. So I am waiting to see Sameer clock its old place of 25-35 Kes soon. Merali not you will make 25/- per share. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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@Realtreaty, how will Sameer Business Park affect the Sameer Yana when they are completely separate entities??
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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This is the right time to get in to this bus before it starts taking off!!
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Sameer Business park diversified from sameerAfrica or Yana tyres. It is built on Sameer Africa or Yana industrial park using Yana profits. Shareholder dividends were witheld to build the business park.
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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•The exit of Japanese multinational Bridgestone from Sameer Africa is set to pave way for a new strategic partner for the Kenyan tyre maker
•Sameer Africa said that the potential strategic partner first wants Bridgestone to cease being a shareholder in the locally listed firm
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Realtreaty wrote:Sameer Business park diversified from sameerAfrica or Yana tyres. It is built on Sameer Africa or Yana industrial park using Yana profits. Shareholder dividends were witheld to build the business park. Were the Yana profits used to build the Business park a loan or equity injection? I maybe wrong, but I don't think Yana has any significant shareholding in the Business Park.
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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For sameer FY 2013 a Bonus issue may be in the offing a 1 for every 5 held which might see sameer share move from 280 K to 340 K. If they assume that is much the Directors may assume a DVDED of 50- 80 cents to cool our heels. Hope the Bridgestone affair is finalisedby Dec and all formalities done with a new partner who might chip in with technology and supply of raw materials from east of the world.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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I don't get this bonus issue excitement. No change in fundamentals.
Isn't Sameer business park part of SAMEER GROUP as opposed to the aforementioned stock SAMEER AFRICA?
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Rank: Member Joined: 11/1/2013 Posts: 257
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Sameer Africa Jumps to 2011 High on Stake Bets: Nairobi Mover
http://www.bloomberg.com...-bets-nairobi-mover.htmlNo diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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Rank: Member Joined: 1/13/2014 Posts: 378 Location: Denmark
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Sameer.. any news?Someone please comment on sameer. It's like a dead stock to me and i think its time to dispose if nothing is fourth-coming. Seeing is believing
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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Guys gave up on this and left it at the mercy of Merali! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 9/15/2006 Posts: 3,901
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Maybe the title should have been Merali any news?Because I see he was a bit busy over the weekend and signed off for release result of some of his ducklings... Sasini Ltd announces FY2013 results - PAT up +143.2% to KES 53.61mn http://www.nse.co.ke/listed-com...-ended-30-september-2013Eveready Ltd announces FY 2013 results - Revenue flat, PAT down 35%to 45.4mn and EPS down to 0.22 http://www.nse.co.ke/listed-com...-ended-30-september-2013
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Sameer traded at 7.50 today..
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Now its sameer? OK. As @VVS says, Meralli is the last person to trust, so, before buying anything Merallic, be absolutely sure. So, I wait to see those results before anything else. Receive with simplicity everything that happens to you.” ― Rashi
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