Has anyone who partnered with naushad merali ever made a decent return?
"Merali cuts KDN stake as South African firm exits" [Click on the Link]
This reminds me of the sale of shares in Kencell to Celtel... and a further sale of shares to Zain then to Airtel.
Not to forget the prior 'deals' when he off-loaded 'Firestone EA' (now Sameer Africa) shares at KES 35.50 to an unsuspecting public. He had bought these from ICDC at KES 5 [it was in the Information Memorandum].
Then there was Eveready aka Neveready at KES 9.50 & which trades between KES 1-2 nowadays.
Did I mention Sasini?
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