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KENOL KOBIL .... 2012
Sufficiently Philanga....thropic
#1761 Posted : Friday, August 31, 2012 9:58:00 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
mwekez@ji wrote:
Cde Monomotapa wrote:
Pay employees 500M* we collect 30B* - iko nini! Relax...


@SufficientlyP
King G
#1762 Posted : Friday, August 31, 2012 10:05:16 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
mwekez@ji wrote:
Workers wont win here. Read a similar case results: Court lifts order barring Kenya Airways job cuts (Thu Aug 30, 2012 2:38pm GMT) http://af.reuters.com/article/i...ws/idAFJOE87T06320120830


@ Mwekezaji: At end of the day, the workers wont win or the amount awarded will be far much less. But they would have scattled the deal of KK & PUMA in two ways; delayed the process and increased risk factors for the business and thereby lowering the offer price by PUMA
Thieves
Sufficiently Philanga....thropic
#1763 Posted : Friday, August 31, 2012 10:08:58 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Buying fear extended!!!!!!!!!!End month offersmile
@SufficientlyP
King G
#1764 Posted : Friday, August 31, 2012 10:11:18 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
mwekez@ji wrote:
Workers wont win here. Read a similar case results: Court lifts order barring Kenya Airways job cuts (Thu Aug 30, 2012 2:38pm GMT) http://af.reuters.com/article/i...ws/idAFJOE87T06320120830


@ Mwekezaji: At end of the day, the workers wont win or the amount awarded will be far much less. But they would have scattled the deal of KK & PUMA in two ways; delayed the process and increased risk factors for the business and thereby lowering the offer price by PUMA
Thieves
Kausha
#1765 Posted : Friday, August 31, 2012 10:27:19 AM
Rank: Member

Joined: 2/8/2007
Posts: 808
Look at Kenya airways, where Union staff had even a stronger case coz KQ has said it's doubling its fleet and will need staff obviously but still the honorable judge allowed KQ to fire them and you can bet by January KQ will be hiring more staff and the employees will only watch.

The only party than can scuttle the deal is CMA but they already okayed it. Secondly let's hypothetically say the deal is scuttled, you can Nick B will still fire these employees probably with less pay. They should look at KQ and learn to engage the employer constructively by showing they can add value. The court can not guarantee the jobs and I doubt the honorable judge knows how capital markets work. Otherwise she has no locus standi to stop Nick B and Puma for trading on the NSE or enforcing it. Nick B could become frivolous and file an injuction against CMA and possibly NSE for being discriminated from trading on NSE? Infact he could also sell Wells Petrolium Holdings, Petroholdings, Highfield and Cherry holdings to Puma privately aware from the glare of employees and CMA and still come and fire the same employees.

If you recall how Matiba and Centum pulled a fast one on CMA when Carbacid and BOC deal fell through. Were it not for carelessness of BOC and mostly it transaction advisor, BOC should have lowered the threshold for success to 50% bought carbacid. Latter on when Centum bought Matiba's stake under Rasimu, there was nothing stopping Centum from selling Rasimu to BOC directly aware from CMA's glare. There are many ways of skinning the cat and staff should remember the business of a business is to grow the business and they need to align themselves with this. So on KQ where is atwoli to come and rescue them like last time.....
mlennyma
#1766 Posted : Friday, August 31, 2012 10:55:41 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The bad blood now created btw staff and management calls for mass sacking and hire new fresh minds in bits.
"Don't let the fear of losing be greater than the excitement of winning."
mwekez@ji
#1767 Posted : Friday, August 31, 2012 12:43:34 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Sufficiently Philanga....thropic wrote:
Buying fear extended!!!!!!!!!!End month offersmile


Notice the way foreigners are buying today smile
Kausha
#1768 Posted : Friday, August 31, 2012 2:15:53 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
Or Puma perhaps!
Sufficiently Philanga....thropic
#1769 Posted : Friday, August 31, 2012 2:36:24 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
mwekez@ji wrote:
Sufficiently Philanga....thropic wrote:
Buying fear extended!!!!!!!!!!End month offersmile


Notice the way foreigners are buying today smile

@SufficientlyP
2012
#1770 Posted : Friday, August 31, 2012 4:34:04 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mwekez@ji wrote:
Sufficiently Philanga....thropic wrote:
Buying fear extended!!!!!!!!!!End month offersmile


Notice the way foreigners are buying today smile


Perhaps they should google today's Nation for yesterday's court ruling.

BBI will solve it
:)
259 Pages«<175176177178179>»
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