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Board seat at NSE listed firms
Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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I was just wondering what % I would need to ask for a board seat at any NSE listed firm, or how does it work?
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Kihara joni wrote:I was just wondering what % I would need to ask for a board seat at any NSE listed firm, or how does it work?
why do you want to be a board member? to protect your existing portfolio or just "eat" salary/allowances?
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Kihara joni wrote:I was just wondering what % I would need to ask for a board seat at any NSE listed firm, or how does it work?
50% + 1 guarantees you all the board seats you want  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/26/2012 Posts: 830
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Kihara joni wrote:I was just wondering what % I would need to ask for a board seat at any NSE listed firm, or how does it work?
5% perhaps...just guessing A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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whiteowl wrote:Kihara joni wrote:I was just wondering what % I would need to ask for a board seat at any NSE listed firm, or how does it work?
why do you want to be a board member? to protect your existing portfolio or just "eat" salary/allowances?  the allowances are very inviting whether the company gives dividends or not, whether the share goes up or down, the board allowances still have to be paid, it's also nice to have a say in the company.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Kihara joni wrote:whiteowl wrote:Kihara joni wrote:I was just wondering what % I would need to ask for a board seat at any NSE listed firm, or how does it work?
why do you want to be a board member? to protect your existing portfolio or just "eat" salary/allowances? the allowances are very inviting whether the company gives dividends or not, whether the share goes up or down, the board allowances still have to be paid, it's also nice to have a say in the company. Get someone to propose you and campaign like hell. Hope that you get the support of one of the major shareholders. Life is short. Live passionately.
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Kihara joni wrote:whiteowl wrote:Kihara joni wrote:I was just wondering what % I would need to ask for a board seat at any NSE listed firm, or how does it work?
why do you want to be a board member? to protect your existing portfolio or just "eat" salary/allowances? the allowances are very inviting whether the company gives dividends or not, whether the share goes up or down, the board allowances still have to be paid, it's also nice to have a say in the company. you are the kind of board members Warren Buffett advices us not to have
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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whiteowl wrote:Kihara joni wrote:whiteowl wrote:Kihara joni wrote:I was just wondering what % I would need to ask for a board seat at any NSE listed firm, or how does it work?
why do you want to be a board member? to protect your existing portfolio or just "eat" salary/allowances? the allowances are very inviting whether the company gives dividends or not, whether the share goes up or down, the board allowances still have to be paid, it's also nice to have a say in the company. you are the kind of board members Warren Buffett advices us not to have  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Board seat at NSE listed firms
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