Diamonds
& Dogs…
Are you a ZSE
investor? If so then you’re probably aware of Willdale the $533,000 market cap
company. You are probably aware of Cairns, the $812,000 market cap company. The
former was the week’s diamond at 50% return (-75% YTD) while the latter was the
dog at -37.50% for the week (-0.50% YTD).
Willdale is in
the bricks business. Bulls n Bears has no idea (as of now) how it is fairing
against the like of Beta bricks and many
other informal brickmakers… The financials are not so rosy though.
The same goes for
Cairns. Bulls n Bears bets it’s a matter of time before its shut down,
liquidated or placed under Tudor House. When was the last time you saw Willards
Chips, Chompkins, Cashel Valley, Instant Coffee Charhons “Dog” Biscuits?
Enough about
struggling construction & manufacturing entities!
Alpha
& Omega…not for baby feeding
Bulls n Bears had
been aware that the First Family decided to add value to milk instead of
selling it to Nestle for a song raw. It’s actually a brilliant idea…just look
at Kefaloes distributed by Cheese Man, it’s now commanding significant shelf
space in OK, TM & Spar.
Bulls n Bears had
never seen the Alpha & Omega products in Harare though despite word having
gone out that the product was now on the market.
It took the
Heroes Holiday to find it…in Chivhu Spar of all places. Bulls n Bears being the
curious type did buy it. He selected the Strawberry flavor Yoghurt with the
trademark “Musape Vana”. Gotta admit, it was really good and compared quite
favourably with Kefaloes & DendDairy yorghuts.
While the first
family may not represent your traditional textbook entrepreneur (we expect the
President & his family to have it easy even with sanctions), the concept of
value addition was magical. It will be interesting to see the financials after
say 18 months.
Bulls n Bears
challenges all merchants of raw agricultural products, if they could just add
value to them. How about a vegetable processing plant for all the farmers from
Mutoko? Just ask yourself everytime you are about to but green peas from Koos
or Robertsons etc or those frozen vegies, if there is not opportunity to
process the same products that are just rotting away in Mbare.
La
Serenata: Poor service or Bulls n Bears is out of sync with the style…
Bulls n Bears
doesn’t compromise when it comes to quality and customer service delivery. He
has had awful experiences at Standard Chartered, his primary banker which he
can’t leave because it has a working Visa Gold Card (great product that one),
Pizza Slice, Pizza Inn, Endaweni (that traditional food restaurant close to Dzidzo House amongst many
disappointing places.
He was not
prepared however for the service he got at La Serenata Restaurant(formerly
Seasons of the Sun). Bulls n Bears had lunch there last Wednesday. He placed
his first order (Starter) at 1245hrs which got delivered 30 minutes later
(butternut soup for crying out loud), the main meal came 1 hour later. Bulls n
Bears decided against having a dessert…they probably would have sent someone to
Alpha & Omega in Mazowe for the choc sauce ice cream.
Don’t get Bulls n
Bears wrong… La Serenata has amazing landscape. It’s just that Bulls n Bears is
not used to 2.5 hour lunches which could just take 45 minutes. Time is money.
The food was OK but waitering pathetic. Bulls n Bears is not going back there
to waste another hour.
Google
the cash…
Did you know that
Google Incorporated had $43bn in cash at the end of June and generates $22.5m
in revenue roughly every 4 hours.
Did
you know that...
Purchases and
payments to individuals made with mobile phones will reach $670 billion
globally by 2015, up from $244 billion in 2011, according to consulting firm
Juniper Research Ltd. That’s still just 6 percent of the $11.2 trillion spent
via credit and debit cards in 2011. Bulls n Bears thinks EcoCash will be
the game changer for Econet Wireless going forward.
Golden
Dust…
Bulls n Bears
hopes you did not buy Falgold at 35c…otherwise you probably need to go see your
psychiatrist…Perhaps you also bought African Sun at 20c, Interfin at 30c, Meikles at 55c, etc. If that’s the case,
perhaps it’s high time you went to AfrAsia Money Market Fund…the stock market
is just not for you.
Invest Wisely!
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