@georgediano Huyu alilaaniwa, it is not normal to live with such vile, loose mouth, intellectual disabilty and genetic whoring. All in one person. Cant be normal.
Mungai Kihanya's alarm on the @QuickmartKenya "hot air" sale cannot be wished away wholesale. Here is why.
♦️ QuickMart gets nothing. No new shares will be issued, and QuickMart will receive none of the proceeds. This is an exit. It is not a capital raise.
♦️ The owners got paid first. QuickMart has already paid Sokoni KES 1.1 billion for the first half of 2026, booked as a shareholder's advance tied to interim dividends. That happened before the public bought a single share.
♦️ Follow the money. If the offer is fully taken up, Adenia alone walks away with about KES 7.62 billion.
♦️ The model runs on suppliers' money. The CEO says QuickMart pays suppliers after 60 days but usually sells the stock within a month. That gap is supplier float. Nakumatt, Tuskys and Uchumi ran on the same float. When it snapped, farmers and suppliers paid.
♦️ The assets are pledged. The CR12 @mungaikihanya shared shows three active debentures. KES 1bn in 2021. KES 600m in 2022. KES 250m in 2024. Lenders stand ahead of shareholders.
♦️ There is no safety net. The offer isn't underwritten, so no bank has promised to buy the shares the public leaves.
♦️ The cornerstone needs scrutiny. @IFC has conditionally committed KSh1.94 billion for a 6.5% stake. Is IFC also an investor in Adenia's funds? If yes, it sits on both sides of the deal. Disclose it.
♦️ Margins are thin. First-half 2026 revenue was KSh 27.27 billion against profit after tax of KSh 872.8 million. That is about 3 shillings in every 100.
♦️ To be fair, the price is not absurd. It works out to roughly 12.9 times projected earnings, with a promised yield near 6.7%
♦️ The listed grocery peers used for comparison trade at a median of 17.7.
But a fair price does not cure thin disclosure.
♦️ @CMAKenya must demand full answers on supplier payables, related-party links and the cash taken out before listing.
♦️ Read the information memorandum. Not the adverts @NSE_PLC@Diop_IFC@WorldBankKenya@KeTreasury@PrivatisationKE
@yoyachris1 Wamatangi ni giko githeri,hatiri wira,he is useless.
Ni PR theri kuria aturaga Gikuyu.Kuria kungi geothermal, Gatundu North na South niarekereirie
🚨🇺🇸 Andrew and Tristan Tate’s extradition package has been published.
There are allegations of “possession of extreme pornography” where prosecutors allege there was evidence on Andrew’s device depicting intercourse with a horse and an eel.
One of the indecent images of a child allegations claims Andrew and an adult female are in a sexualized video with a female child.
Another alleges he was selling sexual content of her on WhatsApp and she was working on webcam.