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James Mworia - HOW DOES THIS MAN DO IT!?

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hisah		#81 Posted : Tuesday, July 24, 2012 2:30:40 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Mastermind wrote: VituVingiSana wrote: AGM tomorrow. Go and ask the questions! And the answer will be personal finance reasons. Quote: "Bob Robbins sold less than 5 percent of his substantial shareholding in Tesco for necessary family expenditure," a spokesman said. The game is always the same, just different colors of the chess board... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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itz		#82 Posted : Tuesday, July 24, 2012 3:20:52 PM
Rank: Member Joined: 3/20/2009 Posts: 348		how much total stock does this guy hold in centum?anyone? he sold 190k shares for 2m or something.It sounds like a very small position for a CEO of a company to hold
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youcan'tstopusnow		#83 Posted : Tuesday, July 24, 2012 3:41:22 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		itz wrote: how much total stock does this guy hold in centum?anyone? he sold 190k shares for 2m or something.It sounds like a very small position for a CEO of a company to hold Interesting that Kirubi increased his stake over the same period... GOD BLESS YOUR LIFE
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Mastermind		#84 Posted : Tuesday, July 24, 2012 4:28:07 PM
Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley		itz wrote: how much total stock does this guy hold in centum?anyone? he sold 190k shares for 2m or something.It sounds like a very small position for a CEO of a company to hold 0.03= 187974 0.02=? 0.02187974/0.03= 125316. Something like that... If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.*
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kiio		#85 Posted : Wednesday, July 25, 2012 11:34:37 AM
Rank: New-farer Joined: 6/22/2010 Posts: 17 Location: rbi		I have a filling that Mworia is finally leaving Centum! who is with me? “Daring ideas are like chessmen moved forward. They may be beaten, but they may start a winning game.” – Wolfgang Von Goethe .
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vky		#86 Posted : Wednesday, July 25, 2012 12:15:09 PM
Rank: Member Joined: 6/17/2010 Posts: 572		moral hazard 'One headache for famous medieval holy people was that someone might murder you to acquire your body parts for the relics trade'
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sparkly		#87 Posted : Wednesday, July 25, 2012 12:37:11 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		kiio wrote: I have a filling that Mworia is finally leaving Centum! who is with me? explain that "feeling" Life is short. Live passionately.
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Ilikeyou		#88 Posted : Wednesday, July 25, 2012 1:21:06 PM
Rank: Member Joined: 11/21/2007 Posts: 152 Location: Nairobi		I am at the AGM and the MGT has been bashed by no dividend policy and lapse on compliance. Issue settled now on explanation by MD. Centum was charged 50k by CMA and the amount was paid by Directors.
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sparkly		#89 Posted : Wednesday, July 25, 2012 1:48:24 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Ilikeyou wrote: I am at the AGM and the MGT has been bashed by no dividend policy and lapse on compliance. Issue settled now on explanation by MD. Centum was charged 50k by CMA and the amount was paid by Directors. What a joke. The directors should have gone to jail. Life is short. Live passionately.
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PKoli		#90 Posted : Wednesday, July 25, 2012 2:11:00 PM
Rank: Elder Joined: 2/10/2007 Posts: 1,587		Ilikeyou wrote: I am at the AGM and the MGT has been bashed by no dividend policy and lapse on compliance. Issue settled now on explanation by MD. Centum was charged 50k by CMA and the amount was paid by Directors. what was his explanation? was it convincing?
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Ilikeyou		#91 Posted : Wednesday, July 25, 2012 2:33:08 PM
Rank: Member Joined: 11/21/2007 Posts: 152 Location: Nairobi		Convincing! Mmm may be. Same land valuations case of figures obtained just after Audit. The guy also quoted so much IFRS and hence some shareholder's started to refer to the AGM as 'this class'
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Sufficiently Philanga....thropic		#92 Posted : Wednesday, July 25, 2012 2:36:07 PM
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli		sparkly wrote: Ilikeyou wrote: I am at the AGM and the MGT has been bashed by no dividend policy and lapse on compliance. Issue settled now on explanation by MD. Centum was charged 50k by CMA and the amount was paid by Directors. What a joke. The directors should have gone to jail. 50K? A drop in the ocean compared to the value of information! Can u imagine how much the directors could have made, or wanjikus lost in terms of capital depreciation? So all one needs as a director is 50K to make millions? CMA needs to think BIG! I couldnt have thought of anything less than 10 million @SufficientlyP
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BGL		#93 Posted : Wednesday, July 25, 2012 2:38:21 PM
Rank: Veteran Joined: 10/11/2009 Posts: 1,223		kiio wrote: I have a filling that Mworia is finally leaving Centum! who is with me? He left Mhasibu Investment Company Ltd (MICL) one of the most active OTCs and had insignificant shareholding if any, He sold half of his shareholding in Centum. He has exposed us to a fine and it was paid with our funds..... that explanation is upuzi. My argument! Just like Miguna Miguna was a student of Raila, James Mworia is a good student of Chris Kirubi. He should go! and maybe a guy like Mugo Kibati can come on board (wishful thinking) History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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youcan'tstopusnow		#94 Posted : Wednesday, July 25, 2012 3:02:06 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		And the board shared the amount? So less than 10k each? And they probably organised an emergency meeting (with sitting allowances greater than the fine!) to 'discuss' this issue. In the end, the fine most likely ended up producing a NET GAIN for the directors. Haha! You gotta love it! By the way, utadu? GOD BLESS YOUR LIFE
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kiio		#95 Posted : Wednesday, July 25, 2012 5:10:39 PM
Rank: New-farer Joined: 6/22/2010 Posts: 17 Location: rbi		sparkly wrote: kiio wrote: I have a filling that Mworia is finally leaving Centum! who is with me? explain that "feeling" you see, when a CEO is in the public all for the wrong reason; painting the company bad, then in a short while he is selling his stake in the same, it takes an average thinker that someone somewhere is no happy and he is being chased silently!! “Daring ideas are like chessmen moved forward. They may be beaten, but they may start a winning game.” – Wolfgang Von Goethe .
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guru267		#96 Posted : Thursday, July 26, 2012 10:20:55 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		Ilikeyou wrote: I am at the AGM and the MGT has been bashed by no dividend policy and lapse on compliance. Issue settled now on explanation by MD. Centum was charged 50k by CMA and the amount was paid by Directors. So shareholders lose 500million in market value & the directors pay 50k for the error.. Wow I can really see how much the CMA values Kenyan investors! Mark 12:29 Deuteronomy 4:16
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accelriskconsult		#97 Posted : Thursday, July 26, 2012 10:55:31 AM
Rank: Member Joined: 4/2/2011 Posts: 629 Location: Nai		BGL wrote: kiio wrote: I have a filling that Mworia is finally leaving Centum! who is with me? He left Muhasibu Investment Company Ltd (MICL) one of the most active OTCs and had insignificant shareholding if any, He sold half of his shareholding in Centum. He has exposed us to a fine and it was paid with our funds..... that explanation is upuzi. My argument! Just like Miguna Miguna was a student of Raila, James Mworia is a good student of Chris Kirubi. He should go! and maybe a guy like Mugo Kibati can come on board (wishful thinking) BGL is it Muhasibu, Mhasibu or Masahibu Investments Company Ltd?
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StatMeister		#98 Posted : Thursday, July 26, 2012 10:58:10 AM
Rank: Veteran Joined: 5/23/2010 Posts: 868 Location: La Islas Galápagos		guru267 wrote: VituVingiSana wrote: guru267 wrote: digitek1 wrote: @guru @ vvs is on the money Sawa lets revisit property a year from now... They will be higher despite high interest rates.. What's the underlying asset we use? There are no share prices, etc... Isnt there a property index of some kind in kenya?? This should be sufficient for our argument.. Hass Property Index from Hass Consult A bad day fishing is better than a good day at work
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accelriskconsult		#99 Posted : Thursday, July 26, 2012 11:30:05 AM
Rank: Member Joined: 4/2/2011 Posts: 629 Location: Nai		Sufficiently Philanga....thropic wrote: sparkly wrote: Ilikeyou wrote: I am at the AGM and the MGT has been bashed by no dividend policy and lapse on compliance. Issue settled now on explanation by MD. Centum was charged 50k by CMA and the amount was paid by Directors. What a joke. The directors should have gone to jail. 50K? A drop in the ocean compared to the value of information! Can u imagine how much the directors could have made, or wanjikus lost in terms of capital depreciation? So all one needs as a director is 50K to make millions? CMA needs to think BIG! I couldnt have thought of anything less than 10 million I like your reasoning re : is 50k the value of perfect information? Some insiders will have made a killing due to the boards omission.
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BGL		#100 Posted : Thursday, July 26, 2012 11:37:11 AM
Rank: Veteran Joined: 10/11/2009 Posts: 1,223		accelriskconsult wrote: BGL wrote: kiio wrote: I have a filling that Mworia is finally leaving Centum! who is with me? He left Muhasibu Investment Company Ltd (MICL) one of the most active OTCs and had insignificant shareholding if any, He sold half of his shareholding in Centum. He has exposed us to a fine and it was paid with our funds..... that explanation is upuzi. My argument! Just like Miguna Miguna was a student of Raila, James Mworia is a good student of Chris Kirubi. He should go! and maybe a guy like Mugo Kibati can come on board (wishful thinking) BGL is it Muhasibu, Mhasibu or Masahibu Investments Company Ltd? Mhasibu investments Company Ltd (MICL) History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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