Kennedy

Strategic Growth Leader | Enterprise Value Creator

[Kennedy @KennedyNdoro]

@its_hot_o @fridaydrinks_ @tmukogo @baba_nyenyedzi @FaraiMuvuti @bla_bidza @TSatNewslive @HeraldZimbabwe @Jamwanda2 Sure let’s unpack why the VFEX experiences price discovery issues and premiums for certain shares only?

Why is the situation not uniform?

Is it the specific stock’s liquidity?An ease of arbitrage or the dynamics of the local investor base?

What is the underlying cause?

[Kennedy @KennedyNdoro]

@baba_nyenyedzi Chidzero was given Economic Planning because he was acceptable to the West.

Nkala was moved out of Finance because he wasn't acceptable to the west.

What this appointment has done is the reverse of 1980.A sanctioned individual is given the outward facing economic role?

[Kennedy @KennedyNdoro]

@its_hot_o So was the IPO a liquidity event for Econet?

Seems the valuation is a bet on the parent's willingness to keep overpaying for power, dressed up as a growth story?

When you look at it the risk/reward. looks skewed to the downside until transparency improves!

[Kennedy @KennedyNdoro]

@its_hot_o So the market is pricing the narrative, not the cash flows?

[Kennedy @KennedyNdoro]

@its_hot_o The adverse opinion could ultimately legitimise what the market is already signalling which is;

A refusal to price the company amid a political stalemate, while the strategic partner patiently waits for the other players to run out of options.

[Kennedy @KennedyNdoro]

@its_hot_o So Limagrain doesn't need to buy SCL since they already control it.

They are simply letting the ZSE price collapse to zero,when they make an offer to minorities, it will be at a fraction of the true value.

[Kennedy @KennedyNdoro]

@its_hot_o They saved the seed & destroyed shareholder value?

If the 🇿🇼 entity was absorbed into a 🇧🇼 holding company, 🇿🇼 would lose legal jurisdiction over its own food supply.

Seems they realised late that they were about to let their seed bank be domiciled in a foreign country.

[Kennedy @KennedyNdoro]

@its_hot_o @SeedCoZimbabwe @matigary @tmukogo @fridaydrinks_ @FaraiMuvuti @KelvinChamu @baba_nyenyedzi @HeraldZimbabwe What?

Why does this structure give a negotiated expropriation of a national asset by a foreign strategic partner facilitated by a domestic sovereign risk crisis?

[Kennedy @KennedyNdoro]

@its_hot_o Is this a paradox of valuation and audit Integrity?

Now does the 0.28x book multiple represent a genuine market inefficiency or

The market is correctly pricing in the probability that the stated equity is materially overstated due to currency distortions?

[Kennedy @KennedyNdoro]

@WilliamsRuto Can you share the term sheet outlining the key commercial and financing terms of the transaction?

[Kennedy @KennedyNdoro]

@SABCNews @TaperaEmmanuel it’s getting urgly!

[Kennedy @KennedyNdoro]

@MightiJamie He is in trouble.He should have blue ticked the process but I guess he thought he was smart!

[Kennedy @KennedyNdoro]

The wheels are coming off!!

[SABC News @SABCNews]

MADLANGA COMMISSION | Adv Matthew Chaskalson says, according to PUTCO, there was no suggestion in 2023 or 2025 that Taxi Choice wanted to buy the bus company, saying the possibility was never raised in the meeting.

[Kennedy @KennedyNdoro]

So the treasurer of the Scotland FC Mbare chapter was domiciled here?🤔

Haa, mabviravira chokwadi! Anyway, it’s the government he supported so much that killed him.

Tinongoti: Nematambudziko!

[Yvonne Mangunda 🇿🇼 @yvonnemangunda]

Funeral at Mbare flats of the person who passed on during yesterday's match between Zimbabwe and DRC in the gate 2 chaos. He wss the treasurer of Scottland FC Mbare chapter.

Follow the Yvonne Mangunda channel on WhatsApp: https://t.co/RieLc11PHF

[Kennedy @KennedyNdoro]

@NomalisoN Those records don’t exist.This is why you find most tenders are then never completed!

Cause before you start you are already 30% down!

[Kennedy @KennedyNdoro]

@fincentcapital Why do cashflows say otherwise?

An aggressive deployment left no cash cushion.

Inventory is exploding whilst creditors are over stretched.

Then they execute a debt-funded expansion whilst paying higher dividends?

Is this not a balance sheet time bomb?

[Kennedy @KennedyNdoro]

@matigary @admire_dube @shairwadzi Read around transfer pricing and how domicile structuring works can make you tax efficient.

You will be amazed at how you can get away with certain issues when structured properly!

[Kennedy @KennedyNdoro]

@admire_dube @matigary @shairwadzi But Dr isn’t this what we charge as structuring?

There is nothing wrong with using transfer pricing knowledge and legal tax provisions to arrange transactions.

Tax avoidance is different from tax evasion.Its such structures that make you competitive internationally.

[Kennedy @KennedyNdoro]

@LethueK The relationship between the two is what you are missing!

Venezuela and Turkey have 30%+ rates because their currencies are in freefall and inflation is out of control.

If 🇿🇼 has 2.9% inflation + surplus + a booming economy,why use a defibrillator on a healthy patient?