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Sameer Africa HY18
Pesa Nane
#1 Posted : Saturday, August 11, 2018 10:16:33 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Sad Sad
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Saturday, August 11, 2018 10:19:58 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Ericsson
#3 Posted : Saturday, August 11, 2018 11:25:09 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,438
Location: NAIROBI
Pesa Nane wrote:


Allan Walmsley sacked in short and they poached a ceo from kirubi Inc company
sparkly
#4 Posted : Sunday, August 12, 2018 7:20:44 AM
Rank: Elder


Joined: 9/23/2009
Posts: 7,292
Location: Enk are Nyirobi
Ericsson wrote:
Pesa Nane wrote:


Allan Walmsley sacked in short and they poached a ceo from kirubi Inc company


Good managers tackling bad business.
Life is short. Live passionately.
VituVingiSana
#5 Posted : Thursday, May 02, 2019 12:03:17 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,446
Location: Nairobi
Tyres shortage plunges Sameer into Sh529m loss https://www.businessdail...094936-6xhaf7/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#6 Posted : Monday, June 17, 2019 2:15:48 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,446
Location: Nairobi
Sameer writes off Sh403m investment in subsidiaries
https://www.businessdail...159604-u70hn1/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#7 Posted : Monday, July 15, 2019 12:20:18 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,438
Location: NAIROBI
https://www.businessdail...6522-ki24itz/index.html

City lawyer Andrew Musangi, a kin of billionaire entrepreneur Chris Kirubi, has bought a 1.1 percent stake in tyre distributor Sameer Africa with an eye on the Nairobi Securities Exchange (NSE) listed company’s prime land holdings.

Mr Musangi, who has accumulated his stock in the company gradually, is betting that the firm will unlock the value in Sameer’s strategically located land parcels.

The lawyer, a son-in-law of billionaire businessman Chris Kirubi, bought an additional 1.2 million shares of Sameer in the year ended December, making him the company’s fourth-biggest shareholder.

His stake currently has a market value of Sh10 million. He says he intends to mop up more shares of the company, arguing that they are under-valued.

“The mistake that people make is that they see Sameer as a tyre distribution company. I see the value in its land and this will be unlocked in the future,” Mr Musangi said in an interview.
Mastermind
#8 Posted : Monday, July 15, 2019 4:06:51 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,609
Location: Langley
Ericsson wrote:
https://www.businessdailyafrica.com/news/City-lawyer-buys-Sameer-stake-with-eye-on-prime-land-parcels/539546-5196522-ki24itz/index.html

City lawyer Andrew Musangi, a kin of billionaire entrepreneur Chris Kirubi, has bought a 1.1 percent stake in tyre distributor Sameer Africa with an eye on the Nairobi Securities Exchange (NSE) listed company’s prime land holdings.

Mr Musangi, who has accumulated his stock in the company gradually, is betting that the firm will unlock the value in Sameer’s strategically located land parcels.

The lawyer, a son-in-law of billionaire businessman Chris Kirubi, bought an additional 1.2 million shares of Sameer in the year ended December, making him the company’s fourth-biggest shareholder.

His stake currently has a market value of Sh10 million. He says he intends to mop up more shares of the company, arguing that they are under-valued.

“The mistake that people make is that they see Sameer as a tyre distribution company. I see the value in its land and this will be unlocked in the future,” Mr Musangi said in an interview.



I think he read comment number 23
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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