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KENOL KOBIL .... 2012
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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mwekez@ji wrote:Cde Monomotapa wrote:Pay employees 500M* we collect 30B* - iko nini! Relax... @SufficientlyP
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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@ 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
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Buying fear extended!!!!!!!!!!End month offer @SufficientlyP
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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@ 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
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Rank: Member Joined: 2/8/2007 Posts: 808
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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.....
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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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."
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Sufficiently Philanga....thropic wrote:Buying fear extended!!!!!!!!!!End month offer Notice the way foreigners are buying today
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Rank: Member Joined: 2/8/2007 Posts: 808
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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mwekez@ji wrote:Sufficiently Philanga....thropic wrote:Buying fear extended!!!!!!!!!!End month offer Notice the way foreigners are buying today @SufficientlyP
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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mwekez@ji wrote:Sufficiently Philanga....thropic wrote:Buying fear extended!!!!!!!!!!End month offer Notice the way foreigners are buying today Perhaps they should google today's Nation for yesterday's court ruling. BBI will solve it :)
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Enter @2012, the socialist...or is it communist. Reading your comments on this thread and the one you posted on the CBK MPC thread about controlling interest rates that banks charge their customers,one could be forgiven for thinking you hail from the land of Kikwete! @SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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So employing somebody is like taking yourself to the gates of court??.opportunist kenyans with their greedy lawyers. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Sufficiently Philanga....thropic wrote:mwekez@ji wrote:Cde Monomotapa wrote:Pay employees 500M* we collect 30B* - iko nini! Relax...
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Sufficiently Philanga....thropic wrote:Enter @2012, the socialist...or is it communist. Reading your comments on this thread and the one you posted on the CBK MPC thread about controlling interest rates that banks charge their customers,one could be forgiven for thinking you hail from the land of Kikwete! I'm for people who fight for their rights instead of going with the status quo. If we allow people who helped build our companies too be fired hub-hazardly like this what tells you that we will be able to grow our businesses or build confidence in employees? It's no we get terrible service wherever we go. I visited KK Valley Arcade and I can tell you I'm not going back to that station again. Whatever is happening up in KK is best experienced downstream. Go fuel there and you'll understand. As for the interest rates, do you know the developed nations would collapse if they are charged the kind of interests we're charged? Are you happy with the amount of interest your bank pays you for your savings? Why should we encourage these practices that only result to a poorer nation? As Cde says, pay them off well and part ways happily. BBI will solve it :)
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Meanwhile some interesting price vs volume action... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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hisah wrote:Meanwhile some interesting price vs volume action... Someone is buying on dips. On friday, the counter traded 2,649,900 shares (the latest high bar).96.3% of those shares were foreing buys. Watching to see how big a position this foreigner is taking. If it goes to 5M shares, then 10M, then 15M ... then something very very big is in the offing!
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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And as at now all the purchases done are by a foreigner investor(s) are we reading too much into this?
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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7 million shares traded so far today...is the end near for the patient ones?
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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cnn wrote: 7 million shares traded so far today...is the end near for the patient ones? Inshallah
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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7.7 M shares, VWAP up, Thats an entry. Someone taking position.
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