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Nakumatt: Another ailing Kenyan company
maka
#501 Posted : Saturday, October 07, 2017 3:13:11 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mamilli wrote:
Ericsson wrote:
Nakumatt Emali closed


Jeso! I remember sometime back some wazuans mulled over Nakumatt listing! The shafting that would have befallen wanjiku would have by far exceeded the Home-afrika debacle.kweli mungu anatupenda.



Yep this would have been catastrophic...
possunt quia posse videntur
maka
#502 Posted : Saturday, October 07, 2017 3:16:10 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
KulaRaha wrote:
Westgate closes tomorrow


possunt quia posse videntur
obiero
#503 Posted : Saturday, October 07, 2017 3:43:53 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,464
Location: nairobi
maka wrote:
mamilli wrote:
Ericsson wrote:
Nakumatt Emali closed


Jeso! I remember sometime back some wazuans mulled over Nakumatt listing! The shafting that would have befallen wanjiku would have by far exceeded the Home-afrika debacle.kweli mungu anatupenda.



Yep this would have been catastrophic...

Not really. Better board governance may have assisted Nakumatt.. I reconfirm that there are only about 10 investable/tradable shares at the NSE including BAMB, BAT, CIC, COOP, KCB, KEGN, KPLC, KQ, SCOM, TOTAL, WTK

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Angelica _ann
#504 Posted : Saturday, October 07, 2017 4:21:59 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
You feel for the workers and their families Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
muandiwambeu
#505 Posted : Saturday, October 07, 2017 4:25:53 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
obiero wrote:
maka wrote:
mamilli wrote:
Ericsson wrote:
Nakumatt Emali closed


Jeso! I remember sometime back some wazuans mulled over Nakumatt listing! The shafting that would have befallen wanjiku would have by far exceeded the Home-afrika debacle.kweli mungu anatupenda.



Yep this would have been catastrophic...

Not really. Better board governance may have assisted Nakumatt.. I reconfirm that there are only about 10 investable/tradable shares at the NSE including BAMB, BAT, CIC, COOP, KCB, KEGN, KPLC, KQ, SCOM, TOTAL, WTK

Flaged red are boarderline or in red. We are watching.
,Behold, a sower went forth to sow;....
maka
#506 Posted : Saturday, October 07, 2017 6:15:53 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
maka wrote:
mamilli wrote:
Ericsson wrote:
Nakumatt Emali closed


Jeso! I remember sometime back some wazuans mulled over Nakumatt listing! The shafting that would have befallen wanjiku would have by far exceeded the Home-afrika debacle.kweli mungu anatupenda.



Yep this would have been catastrophic...

Not really. Better board governance may have assisted Nakumatt.. I reconfirm that there are only about 10 investable/tradable shares at the NSE including BAMB, BAT, CIC, COOP, KCB, KEGN, KPLC, KQ, SCOM, TOTAL, WTK


They were already having crazy debt by that time...
possunt quia posse videntur
winmak
#507 Posted : Saturday, October 07, 2017 7:27:16 PM
Rank: Member


Joined: 12/1/2007
Posts: 537
Location: Nakuru
http://www.businessdaily...29320-om0xln/index.html

Westgate down
For investors as a whole, returns decrease as motion increases ~ WB
obiero
#508 Posted : Saturday, October 07, 2017 7:49:59 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,464
Location: nairobi
muandiwambeu wrote:
obiero wrote:
maka wrote:
mamilli wrote:
Ericsson wrote:
Nakumatt Emali closed


Jeso! I remember sometime back some wazuans mulled over Nakumatt listing! The shafting that would have befallen wanjiku would have by far exceeded the Home-afrika debacle.kweli mungu anatupenda.



Yep this would have been catastrophic...

Not really. Better board governance may have assisted Nakumatt.. I reconfirm that there are only about 10 investable/tradable shares at the NSE including BAMB, BAT, CIC, COOP, KCB, KEGN, KPLC, KQ, SCOM, TOTAL, WTK

Flaged red are boarderline or in red. We are watching.

See this one, flagging KCB of all companies

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
murchr
#509 Posted : Sunday, October 08, 2017 6:48:57 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
Any connection to Imperial bank?
"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
.
muandiwambeu
#510 Posted : Sunday, October 08, 2017 1:11:45 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
obiero wrote:
muandiwambeu wrote:
obiero wrote:
maka wrote:
mamilli wrote:
Ericsson wrote:
Nakumatt Emali closed


Jeso! I remember sometime back some wazuans mulled over Nakumatt listing! The shafting that would have befallen wanjiku would have by far exceeded the Home-afrika debacle.kweli mungu anatupenda.



Yep this would have been catastrophic...

Not really. Better board governance may have assisted Nakumatt.. I reconfirm that there are only about 10 investable/tradable shares at the NSE including BAMB, BAT, CIC, COOP, KCB, KEGN, KPLC, KQ, SCOM, TOTAL, WTK

Flaged red are boarderline or in red. We are watching.

See this one, flagging KCB of all companies

Sometimes I mistakes @obiero for Kajairo the comendian, only this time round play stage being kqueer and a basket full of hard earned clean bucks. Tiiihiiihiihiismile
,Behold, a sower went forth to sow;....
Mike Ock
#511 Posted : Sunday, October 08, 2017 3:44:38 PM
Rank: Member


Joined: 1/22/2015
Posts: 682
Sad but necessary.
hardwood
#512 Posted : Sunday, October 08, 2017 8:31:54 PM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
winmak wrote:
http://www.businessdailyafrica.com/corporate/companies/Nakumatt-closes-Westgate-Mall-branch/4003102-4129320-om0xln/index.html

Westgate down


Mathai supermarket to take over at Westgate. #VinduVichejanga
Ericsson
#513 Posted : Monday, October 09, 2017 10:40:30 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
Westgate will be taken over by Carrefour to become a shopping destination for westlands people
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
hardwood
#514 Posted : Monday, October 09, 2017 11:10:35 AM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
What happened to "Game"? It was in Nairobi before Carrefour and should be the one taking up those spaces.

http://www.gamestores.co.ke/en/
hardwood
#515 Posted : Monday, October 09, 2017 12:26:06 PM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
Nakumatt starts restocking as it promises major comeback

http://nairobinews.natio...s-major-comeback-photos/
watesh
#516 Posted : Monday, October 09, 2017 7:42:19 PM
Rank: Veteran


Joined: 8/10/2014
Posts: 950
Location: Kenya
[quote=hardwood]What happened to "Game"? It was in Nairobi before Carrefour and should be the one taking up those spaces.

http://www.gamestores.co.ke/en/[/quote]
Chandarana should have been ambitious enough and taken over the spot
Kausha
#517 Posted : Monday, October 09, 2017 8:49:41 PM
Rank: Member


Joined: 2/8/2007
Posts: 808
Ericsson wrote:
Westgate will be taken over by Carrefour to become a shopping destination for westlands people


Jews and arabs won't happen. Na....to reopen there early November
KulaRaha
#518 Posted : Tuesday, October 10, 2017 7:31:16 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
[quote=hardwood]Nakumatt starts restocking as it promises major comeback

http://nairobinews.natio...-major-comeback-photos/[/quote]

Moving goods from closed stores to open ones...specifically Junction where they are under serious pressure to vacate.
Business opportunities are like buses,there's always another one coming
hardwood
#519 Posted : Tuesday, October 10, 2017 8:51:23 AM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
KulaRaha wrote:
hardwood wrote:
Nakumatt starts restocking as it promises major comeback

http://nairobinews.natio...-major-comeback-photos/


Moving goods from closed stores to open ones...specifically Junction where they are under serious pressure to vacate.


Hehe...kumbe.
Angelica _ann
#520 Posted : Tuesday, October 10, 2017 9:19:21 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
hardwood wrote:
KulaRaha wrote:
hardwood wrote:
Nakumatt starts restocking as it promises major comeback

http://nairobinews.natio...-major-comeback-photos/


Moving goods from closed stores to open ones...specifically Junction where they are under serious pressure to vacate.


Hehe...kumbe.


Must also be losing stock in the process d'oh!
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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