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CMC MOTORS Boardroom Wars
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King G
#321 Posted : Tuesday, September 10, 2013 9:56:53 AM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Murenju wrote:
Wanjiku may not let go easy. I see cases being lodged in the courts on the funds hidden in Jersey. That will be one hurdle that must be crossed.


Wanjiku doesnt have the will to fight moneybags. They will lose big time. @13 bob i am game with CMC.
Thieves
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Lolest!
#322 Posted : Tuesday, September 10, 2013 10:23:10 AM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
King G wrote:
Murenju wrote:
Wanjiku may not let go easy. I see cases being lodged in the courts on the funds hidden in Jersey. That will be one hurdle that must be crossed.


Wanjiku doesnt have the will to fight moneybags. They will lose big time. @13 bob i am game with CMC.

same here, had written it off. 13>0
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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stock.enigma
#323 Posted : Tuesday, September 10, 2013 10:37:18 AM
Rank: Member


Joined: 8/14/2009
Posts: 244
Will take it yesterday and forget about it. Had written off
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Kalameni
#324 Posted : Tuesday, September 10, 2013 11:19:08 AM
Rank: New-farer


Joined: 9/20/2010
Posts: 79
Peter muthoka,i think with amount he is to get he can start his own cmc nd he must be smiling all the way.indeed yu need money to make money.
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Obi 1 Kanobi
#325 Posted : Tuesday, September 10, 2013 12:46:02 PM
Rank: Elder


Joined: 7/23/2008
Posts: 3,017
Nation/BD has wrongly computed Peter Muthoka's cashpayout, based on the shares he holds.

Does BD have editors?
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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mukiha
#326 Posted : Tuesday, September 10, 2013 1:26:54 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
luxel wrote:
Peter Muthoka might be the winner in all this saga, he shall pocket his shares proceed and continue clearing (andy forwarder) for the new owners of CMC.


You forget that he pushed the price to high levels above the 13 on the table when he was trying to protect his lucrative logistics deal.

The biggest beneficiary will be the Wanjikus who have been holding this this for decades...including fours truly who's been in it for 19 years now!

My entry price was somewhere between zero and 5cts [ndururu!!] in today's equivalent value. If this share had re-listed, chances are that it would have dropped to about 5-bob and then take another year or two before reaching the deal price of 13.

If you ask me, it is a fair price and I will take it happily.... Nonetheless, it's a shame that NSE is losing listed companies...
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Lolest!
#327 Posted : Tuesday, September 10, 2013 1:33:43 PM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
mukiha wrote:
luxel wrote:
Peter Muthoka might be the winner in all this saga, he shall pocket his shares proceed and continue clearing (andy forwarder) for the new owners of CMC.


You forget that he pushed the price to high levels above the 13 on the table when he was trying to protect his lucrative logistics deal.

The biggest beneficiary will be the Wanjikus who have been holding this this for decades...including fours truly who's been in it for 19 years now!

My entry price was somewhere between zero and 5cts [ndururu!!] in today's equivalent value. If this share had re-listed, chances are that it would have dropped to about 5-bob and then take another year or two before reaching the deal price of 13.

If you ask me, it is a fair price and I will take it happily.... Nonetheless, it's a shame that NSE is losing listed companies...

Good for you. Some of us can't say how much we bought at.
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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Murenju
#328 Posted : Tuesday, September 10, 2013 9:19:17 PM
Rank: Member


Joined: 7/13/2006
Posts: 94
Location: Nairobi
What happens if I do not sell? Actually, I got in at Ksh. 20 and do not wish to lose out!!
Knock hard and it will be opened. Ask and you will be answered. Seek and you shall find.
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Obi 1 Kanobi
#329 Posted : Wednesday, September 11, 2013 12:51:33 PM
Rank: Elder


Joined: 7/23/2008
Posts: 3,017
Murenju wrote:
What happens if I do not sell? Actually, I got in at Ksh. 20 and do not wish to lose out!!

You can't be serious!!! I recommend you get out of stocks, you obviously don't understand how it works.
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Ilikeyou
#330 Posted : Tuesday, December 30, 2014 4:00:19 PM
Rank: Member


Joined: 11/21/2007
Posts: 152
Location: Nairobi
Please assist,
I am among the ones who dissented in selling my CMC shares.
The same were appearing in my CDS account till start of Oct 2014.
I no longer see the CMC shares as part of my holding.
Where can I trace them from?
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hisah
#331 Posted : Sunday, January 04, 2015 11:42:26 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
The drama continues. CMA now wants Deloitte penalized for overseeing the CMC fraud. What a flying start to 2015...

http://mobile.nation.co..../-/ajy6cmz/-/index.html

Will Deloitte turn out to be the Arthur Andersen of KE? Pray
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Kihara joni
#332 Posted : Thursday, February 12, 2015 11:42:46 AM
Rank: Member


Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
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