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Bamburi Cement 2019
mufasa
#61 Posted : Monday, June 29, 2020 10:08:11 AM
Rank: Member


Joined: 4/15/2008
Posts: 182
Standard Chartered seems to be heavily invested in this counter. Seems like good company to invest alongside?
Do it today! Tomorrow is promise to no-one.
VyaBureSiachi
#62 Posted : Monday, June 29, 2020 10:32:42 AM
Rank: New-farer


Joined: 2/27/2018
Posts: 50
Location: Cambrian Dc
mufasa wrote:
Standard Chartered seems to be heavily invested in this counter. Seems like good company to invest alongside?

Remember the 'british experts' in ARM?
If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
Angelica _ann
#63 Posted : Monday, June 29, 2020 10:36:55 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,837
VyaBureSiachi wrote:
mufasa wrote:
Standard Chartered seems to be heavily invested in this counter. Seems like good company to invest alongside?

Remember the 'british experts' in ARM?


Those are nominee accounts and not Standard Chartered per se!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Fyatu
#64 Posted : Saturday, October 24, 2020 4:07:50 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,813
Location: Nakuru
Is Bamburi a buy at 23 bob?

Cement consumption this year in Kenya might clock 7 million metric tonnes(highest ever) as far as monthly data from Kenya National Bureau of Statistics is concerned.I have read that Bamburi has the highest market share which i doubt given the aggressive expansion by Devki's National cement in the past few years.

As far as price is concerned, Bamburi's Fundi cement is the cheapest at 495 bob, Bamburi's Tembo brand is 500 bob which is at par with Simba, Nyumba and Savannah.

So the question...is Bamburi a buy at 23 bob?
Dumb money becomes dumb only when it listens to smart money
sparkly
#65 Posted : Sunday, October 25, 2020 1:31:44 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,959
Location: Enk are Nyirobi
mufasa wrote:
Standard Chartered seems to be heavily invested in this counter. Seems like good company to invest alongside?


Those are nominee accounts.
Life is short. Live passionately.
littledove
#66 Posted : Monday, October 26, 2020 8:38:59 AM
Rank: Member


Joined: 7/1/2014
Posts: 819
Location: sky
Fyatu wrote:
Is Bamburi a buy at 23 bob?

Cement consumption this year in Kenya might clock 7 million metric tonnes(highest ever) as far as monthly data from Kenya National Bureau of Statistics is concerned.I have read that Bamburi has the highest market share which i doubt given the aggressive expansion by Devki's National cement in the past few years.

As far as price is concerned, Bamburi's Fundi cement is the cheapest at 495 bob, Bamburi's Tembo brand is 500 bob which is at par with Simba, Nyumba and Savannah.

So the question...is Bamburi a buy at 23 bob?

Bamburi is doing well in taming competition, bamburi fundi, tembo and nguvu brands are allover the market, they are almost overthrowing Mombasa cement which for sometime was a dominant brand in almost every town
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Fyatu
#67 Posted : Monday, October 26, 2020 8:57:19 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,813
Location: Nakuru
littledove wrote:

Bamburi is doing well in taming competition, bamburi fundi, tembo and nguvu brands are allover the market, they are almost overthrowing Mombasa cement which for sometime was a dominant brand in almost every town


Thanks @littledove. From where i am located, Simba seems to be the dominant brand.

Dumb money becomes dumb only when it listens to smart money
Ericsson
#68 Posted : Monday, October 26, 2020 9:36:53 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,523
Location: NAIROBI
Fyatu wrote:
littledove wrote:

Bamburi is doing well in taming competition, bamburi fundi, tembo and nguvu brands are allover the market, they are almost overthrowing Mombasa cement which for sometime was a dominant brand in almost every town


Thanks @littledove. From where i am located, Simba seems to be the dominant brand.


Simba + ARM cement
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#69 Posted : Thursday, January 07, 2021 1:33:51 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,523
Location: NAIROBI
https://www.standardmedi...s-sale-of-mombasa-plant

Bamburi scraps sale of Mombasa plant
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
cyruskulei
#70 Posted : Wednesday, January 20, 2021 3:34:48 PM
Rank: Member


Joined: 3/9/2010
Posts: 281
Location: kenya
This counter today moved 8m shares. very interesting.

Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

deadpoet
#71 Posted : Thursday, January 21, 2021 7:38:33 AM
Rank: Member


Joined: 9/27/2006
Posts: 461
Should have gone with my gut and bought this thing below 30
Fyatu
#72 Posted : Thursday, January 21, 2021 9:24:01 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,813
Location: Nakuru
deadpoet wrote:
Should have gone with my gut and bought this thing below 30


hehehehe....hindsight is 20/20
Dumb money becomes dumb only when it listens to smart money
sparkly
#73 Posted : Thursday, January 21, 2021 3:27:07 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,959
Location: Enk are Nyirobi
deadpoet wrote:
Should have gone with my gut and bought this thing below 30


Si you buy now? It might rise to 200 bob.
Life is short. Live passionately.
Fyatu
#74 Posted : Tuesday, April 06, 2021 8:07:00 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,813
Location: Nakuru
Devki and Mombasa cement SHOULD BE STOPPED. It is quite hypocritical for these two firms whose top management and top engineers are all foreigners from rural Gujarati to claim to have the interest of Kenya at heart......treasury CS Yattani must not agree to be arm twisted by state capture operatives..DO NOT INCREASE TAX ON CLINKER IMPORTS!!

LINK


https://www.the-star.co.ke/business/kenya/2021-04-03-cement-firms-seek-treasury-meeting-over-clinker-imports/
Dumb money becomes dumb only when it listens to smart money
AndyC
#75 Posted : Tuesday, April 06, 2021 10:21:07 AM
Rank: Member


Joined: 4/21/2015
Posts: 143
Fyatu wrote:
Devki and Mombasa cement SHOULD BE STOPPED. It is quite hypocritical for these two firms whose top management and top engineers are all foreigners from rural Gujarati to claim to have the interest of Kenya at heart......treasury CS Yattani must not agree to be arm twisted by state capture operatives..DO NOT INCREASE TAX ON CLINKER IMPORTS!!

LINK


https://www.the-star.co.ke/business/kenya/2021-04-03-cement-firms-seek-treasury-meeting-over-clinker-imports/


I see malice in new-comers calling for an increase in clinker import tax.There is no build Kenya motive.


Ericsson
#76 Posted : Tuesday, April 06, 2021 11:24:06 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,523
Location: NAIROBI
AndyC wrote:
Fyatu wrote:
Devki and Mombasa cement SHOULD BE STOPPED. It is quite hypocritical for these two firms whose top management and top engineers are all foreigners from rural Gujarati to claim to have the interest of Kenya at heart......treasury CS Yattani must not agree to be arm twisted by state capture operatives..DO NOT INCREASE TAX ON CLINKER IMPORTS!!

LINK


https://www.the-star.co.ke/business/kenya/2021-04-03-cement-firms-seek-treasury-meeting-over-clinker-imports/


I see malice in new-comers calling for an increase in clinker import tax.There is no build Kenya motive.




They have excess production of clinker.
The companies which don't produce their own clinker prefer to import it rather than buying locally from the new-comers.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Fyatu
#77 Posted : Tuesday, April 06, 2021 11:56:07 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,813
Location: Nakuru
Ericsson wrote:

They have excess production of clinker.
The companies which don't produce their own clinker prefer to import it rather than buying locally from the new-comers.


Wacha guesswork rafiki....how much clinker in metric tonnes do they produce? Weka numbers hapa
Dumb money becomes dumb only when it listens to smart money
kmucheke
#78 Posted : Tuesday, April 06, 2021 6:24:34 PM
Rank: Member


Joined: 3/16/2019
Posts: 241
Ericsson wrote:
AndyC wrote:
Fyatu wrote:
Devki and Mombasa cement SHOULD BE STOPPED. It is quite hypocritical for these two firms whose top management and top engineers are all foreigners from rural Gujarati to claim to have the interest of Kenya at heart......treasury CS Yattani must not agree to be arm twisted by state capture operatives..DO NOT INCREASE TAX ON CLINKER IMPORTS!!

LINK


https://www.the-star.co.ke/business/kenya/2021-04-03-cement-firms-seek-treasury-meeting-over-clinker-imports/


I see malice in new-comers calling for an increase in clinker import tax.There is no build Kenya motive.




They have excess production of clinker.
The companies which don't produce their own clinker prefer to import it rather than buying locally from the new-comers.


Link
Quote:
Mr Raval is pushing for the increase on the basis that although Kenya has an oversupply with a production capacity of 7.5 million tonnes per annum against a demand of four million tonnes annually, the country imports about two million tonnes every year, costing more than $100 million in foreign exchange.


From the article above, I don't whether Raval is talking about clinker or cement production.
Ali Baba
#79 Posted : Wednesday, April 07, 2021 3:24:45 PM
Rank: Member


Joined: 8/29/2008
Posts: 563
kmucheke wrote:
Ericsson wrote:
AndyC wrote:
Fyatu wrote:
Devki and Mombasa cement SHOULD BE STOPPED. It is quite hypocritical for these two firms whose top management and top engineers are all foreigners from rural Gujarati to claim to have the interest of Kenya at heart......treasury CS Yattani must not agree to be arm twisted by state capture operatives..DO NOT INCREASE TAX ON CLINKER IMPORTS!!

LINK


https://www.the-star.co.ke/business/kenya/2021-04-03-cement-firms-seek-treasury-meeting-over-clinker-imports/


I see malice in new-comers calling for an increase in clinker import tax.There is no build Kenya motive.




They have excess production of clinker.
The companies which don't produce their own clinker prefer to import it rather than buying locally from the new-comers.


Link
Quote:
Mr Raval is pushing for the increase on the basis that although Kenya has an oversupply with a production capacity of 7.5 million tonnes per annum against a demand of four million tonnes annually, the country imports about two million tonnes every year, costing more than $100 million in foreign exchange.


From the article above, I don't whether Raval is talking about clinker or cement production.

Me thinks Devki is right. Clicker imports should be discouraged.
Ericsson
#80 Posted : Wednesday, April 07, 2021 4:35:23 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,523
Location: NAIROBI
kmucheke wrote:
Ericsson wrote:
AndyC wrote:
Fyatu wrote:
Devki and Mombasa cement SHOULD BE STOPPED. It is quite hypocritical for these two firms whose top management and top engineers are all foreigners from rural Gujarati to claim to have the interest of Kenya at heart......treasury CS Yattani must not agree to be arm twisted by state capture operatives..DO NOT INCREASE TAX ON CLINKER IMPORTS!!

LINK


https://www.the-star.co.ke/business/kenya/2021-04-03-cement-firms-seek-treasury-meeting-over-clinker-imports/


I see malice in new-comers calling for an increase in clinker import tax.There is no build Kenya motive.




They have excess production of clinker.
The companies which don't produce their own clinker prefer to import it rather than buying locally from the new-comers.


Link
Quote:
Mr Raval is pushing for the increase on the basis that although Kenya has an oversupply with a production capacity of 7.5 million tonnes per annum against a demand of four million tonnes annually, the country imports about two million tonnes every year, costing more than $100 million in foreign exchange.


From the article above, I don't whether Raval is talking about clinker or cement production.


He is talking about clinker.
Cement Kenya doesn't import,production capacity is more than demand

Cement production link to the article

https://www.businessdail...ts-17-month-high-2288106
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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