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I'm an Athi River Mining shareholder
kadonye
#61 Posted : Monday, March 22, 2010 6:33:31 PM
Rank: Elder


Joined: 5/30/2009
Posts: 1,390
@mukiha, well said @vvs, take ur anti-kikuyu vitriol to club sk.Do we assume you are an 'ordinary Jaluo' coz of your comments?And we still blame politicians for 2007 chaos?
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
kadonye
#62 Posted : Monday, March 22, 2010 6:36:09 PM
Rank: Elder


Joined: 5/30/2009
Posts: 1,390
@mukiha, well said @vvs, take ur anti-kikuyu vitriol to club sk.Do we assume you are an 'ordinary Jaluo' coz of your comments?And we still blame politicians for 2007 chaos?God help us!
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
VituVingiSana
#63 Posted : Monday, March 22, 2010 8:23:19 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
@kadonye - Well, I have never been 'allocated' any land anywhere... If that makes me 'ordinary' then I am content... I have worked/invested my way to where I am...

As usual gava puts its foot in its mouth at our (taxpayer) expense!

ARM (if they are in the clear) should SUE the Nation Group for insinuating (without conclusive proof) that ARM was involved in scams...

BUT I still feel the right thing was to sell the subsidized fertilizer to farmers not middle-men...

ARM did have a point that Kenya needs 'specific' formulations thus why doesn't GoK support LOCAL firms like ARM?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#64 Posted : Tuesday, March 23, 2010 1:57:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
It would be funny if I was not a taxpayer... Why I trust ARM more than GoK...

http://www.standardmedia...t%20Treasury%20billions

Huge potential loss for GoK (aka I the taxpayer) on GeoChem & KEBS sweetheart deal!!! Raila can bark but only kibaki can fire...

Another mega-loss (delays, etc) coz KenGen appointed ShengLi for the Geothermal plant... procurement 'errors' and corruption... Even eddy njoroge admits to procurement rules not being followed...

Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Mkimwa
#65 Posted : Tuesday, March 23, 2010 9:07:43 PM
Rank: Member


Joined: 10/26/2008
Posts: 380
iSNT THIS AKIN TO HANDLING STOLEN PROPERTY?
VituVingiSana
#66 Posted : Tuesday, March 23, 2010 11:08:39 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
Mkimwa wrote:
iSNT THIS AKIN TO HANDLING STOLEN PROPERTY?

Hmmm... If it was stolen but it was not... according to the FAK...

And if it was stolen then all ARM would have to surrender it to GoK... and sue the seller (S&S)...

Interesting... many are ready to blame ARM (who BOUGHT the fertilizer at market prices) yet are SILENT on S&S, NCPB or GoK... why is that?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
muganda
#67 Posted : Thursday, April 08, 2010 7:00:21 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
What does the advert on pg22 Daily Nation suggest?

"FERTILIZER SCAM"
Supplies & Services Limited


wish to inform its customers and public that fertilizers with the following markings were officially purchased through public tender floated under Japanese KRII Grant

Bag Markings
Ministry of Agriculture, Coat of Arms of Kenya, Flag of Japan, From people of Japan.

These fertilizers are not the ones imported or subsidized by the Government of Kenya. We continue to offer these products for sale.

muganda
#68 Posted : Thursday, April 08, 2010 11:03:03 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
A rhetoric question conceivably...

But the consequence of the advert seem to be ARM is trading at 115 and is the top gainer of the day +8.49%
smile
mukiha
#69 Posted : Thursday, April 08, 2010 1:59:10 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
It was too late; should have been placed soon after the "scam" was revealed
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Chaka
#70 Posted : Thursday, April 08, 2010 3:40:43 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
These SS guys cannot even spell the word government.They have it as govemment!And did they have to use half a page when a quarter page would suffice?
VituVingiSana
#71 Posted : Sunday, April 11, 2010 9:00:23 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
So... bottomline for all the ARM-haters... turns out ARM was buying from a firm that claimed it was all legit...

Suddenly, those accusing ARM have gone quiet...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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