Gordon Gekko wrote:@X13, KQ has only two shareholders, KLM - 26% and GOK - 23%. Everyone else is a noisy irritant. This we were painfully told by a former chairman, Isaac Omolo Okero.
LOL... True that as I have learned with many firms! Bottomline is the majority shareholder gets what they want!
Olympia - At the end of the day, matu is CEO while the price is at 4.80 & dropping
Sameer/Firestone - Only merali makes money
City Trust - Chairman installs his son as director
That's why Warren Buffett says:
- Only invest if you trust the management
- Invest in a firm/business an idiot can run
- Invest only if Management has a real stake
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett