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CENTUM -REA
Rank: Elder Joined: 8/16/2011 Posts: 2,387
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What will be business mathematics for centum if itallowed to buy Rea Vipingo? might this be the reason Centum went quiet on Dividends or bonuses this year as they plan for the multi-billion acquisition? Still fingers closed till the chicks hutch! May the case be decided sooner
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Nani anajua case nilini...w
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Rank: Elder Joined: 8/16/2011 Posts: 2,387
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Ngonja ngonja huumiza matumbo na akili. Centum-Rea case is keeping us all in the dark while we should be in the right light!
CMA, NSE and other govt bodies should expedite what is necessary. What happened to what was called "First priority".
The investors are now hooded and may face penalties from banks if they had loans that they intended to service using their REA-Vipingo investment.
But how will the game end? How will it shape the NSE and rules.
We want limitations to time periods of how long a company should hold dividends and bonuses to maximum of two months after Results are released.
Paul Muite has shown to be common man oriented and can cough tough rules to be adopted.
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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streetwise wrote:Nani anajua case nilini...w Ngoja ngoja yaumiza matumbo.
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Rank: Elder Joined: 8/16/2011 Posts: 2,387
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We are almost there, lets wait and see the October mention of the case. The judges may be forced to make quick conclusions to safe time as everything is on their table now. Its just mtter of interpreting the Law on matters concerning buy outs as should be upheld.
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Rank: Elder Joined: 8/16/2011 Posts: 2,387
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Centum is having two cases in court that are very important for it and investors. The Centum-Rea case that should be concluded before Nov 20 and the power/coal deal that have a mention and need to be concluded as no looking for evidence afar as its only legalities of how they won. The best thing is that they are sure of winning both. The stock my be better than Kenya Orchards uptrend.
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Rank: New-farer Joined: 10/13/2014 Posts: 28
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Heard somewhere that Centum is involved with introducing Carlsberg beer to the Kenyan market
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Realtreaty wrote:Centum is having two cases in court that are very important for it and investors. The Centum-Rea case that should be concluded before Nov 20 and the power/coal deal that have a mention and need to be concluded as no looking for evidence afar as its only legalities of how they won. The best thing is that they are sure of winning both. The stock my be better than Kenya Orchards uptrend. Are you sure about the coal tender????? Remember Ahmednassir was Chair JSC and most of his appointees are serving as Judges!!!!!
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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mawinder wrote:Realtreaty wrote:Centum is having two cases in court that are very important for it and investors. The Centum-Rea case that should be concluded before Nov 20 and the power/coal deal that have a mention and need to be concluded as no looking for evidence afar as its only legalities of how they won. The best thing is that they are sure of winning both. The stock my be better than Kenya Orchards uptrend. Are you sure about the coal tender????? Remember Ahmednassir was Chair JSC and most of his appointees are serving as Judges!!!!! He was never chair, just a commissioner The harder you work, the luckier you get
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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KondooEconomist wrote:Heard somewhere that Centum is involved with introducing Carlsberg beer to the Kenyan market You heard right The harder you work, the luckier you get
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