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Realtreaty
#1 Posted : Wednesday, July 09, 2014 1:08:02 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
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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streetwise
#2 Posted : Wednesday, July 09, 2014 4:58:04 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Nani anajua case nilini...w
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Realtreaty
#3 Posted : Tuesday, September 09, 2014 7:21:03 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
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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The optimist
#4 Posted : Wednesday, September 24, 2014 7:26:33 PM
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Location: Nairobi
streetwise wrote:
Nani anajua case nilini...w

Ngoja ngoja yaumiza matumbo.
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Realtreaty
#5 Posted : Wednesday, October 01, 2014 3:19:48 PM
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Joined: 8/16/2011
Posts: 2,297
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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Realtreaty
#6 Posted : Monday, October 27, 2014 2:37:21 PM
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Joined: 8/16/2011
Posts: 2,297
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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KondooEconomist
#7 Posted : Monday, October 27, 2014 2:52:52 PM
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Joined: 10/13/2014
Posts: 28
Heard somewhere that Centum is involved with introducing Carlsberg beer to the Kenyan market
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mawinder
#8 Posted : Monday, October 27, 2014 3:06:13 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
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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kryptonite
#9 Posted : Monday, October 27, 2014 4:15:41 PM
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Joined: 2/1/2010
Posts: 272
Location: Nairobi
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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kryptonite
#10 Posted : Monday, October 27, 2014 4:30:27 PM
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Joined: 2/1/2010
Posts: 272
Location: Nairobi
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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The optimist
#11 Posted : Monday, October 27, 2014 4:46:34 PM
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Location: Nairobi
They need to fast track these cases.
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Gatheuzi
#12 Posted : Monday, October 27, 2014 7:34:51 PM
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Joined: 8/16/2009
Posts: 994
kryptonite wrote:
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

And these judges owe Nasir nothing. They are their own men by now.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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cnn
#13 Posted : Tuesday, November 04, 2014 1:18:58 PM
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Joined: 6/17/2009
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The optimist
#14 Posted : Tuesday, November 04, 2014 1:37:21 PM
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Joined: 6/14/2010
Posts: 521
Location: Nairobi
cnn wrote:
http://www.standardmedia.co.ke/business/article/2000140340/rea-vipingo-acquisition-case-settled-out-of-court

Its not clear what the outcome of settlement is.
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mv_ufanisi
#15 Posted : Tuesday, November 04, 2014 1:53:09 PM
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Joined: 1/15/2010
Posts: 625
This is only between Centum and the Ministry and was lodged to force them to appoint a quorum to hear their case.

We should know the result from the tribunal by end month.

My money is on Centum getting the 25% they were looking for and then perhaps we can have access to some of the Vipingo land for another real estate development.

Fingers crossed.
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Realtreaty
#16 Posted : Wednesday, November 05, 2014 12:51:06 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
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!!!!!

Laughing out loudly Laughing out loudly Laughing out loudly -.......He was representing a chinese company. Many a chinese companies may not want court cases as they may end up loosing more tenders in future, so Ahmednassir has already gone to bank for his efforts for now, he need no more.
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