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WPP ScanGroup Plc FY 2019
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smitha
#61 Posted : Thursday, February 25, 2021 1:50:25 PM
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Joined: 6/10/2013
Posts: 52
Sometimes it is so obvious yet people still fail to buy cheaply: https://www.kahawatungu....t&utm_medium=twitter
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McGill
#62 Posted : Thursday, February 25, 2021 4:11:23 PM
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Joined: 8/1/2019
Posts: 86
[quote=smitha]Sometimes it is so obvious yet people still fail to buy cheaply: https://www.kahawatungu....&utm_medium=twitter[/quote]

So much drama bana.
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cyruskulei
#63 Posted : Friday, February 26, 2021 12:43:07 PM
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Joined: 3/9/2010
Posts: 320
Location: kenya
[quote=smitha]Sometimes it is so obvious yet people still fail to buy cheaply: https://www.kahawatungu....&utm_medium=twitter[/quote]
Great story with lots of drama
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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aemathenge
#64 Posted : Wednesday, March 24, 2021 9:11:13 AM
Rank: Elder


Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
So. Thakar is out, or is he?. What next WPP ScanGroup Plc in Kenia?
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Ericsson
#65 Posted : Wednesday, March 24, 2021 9:11:49 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Bharat Thakrar has resigned as CEO of WPP Scangroup

https://pbs.twimg.com/me...rmat=jpg&name=medium
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#66 Posted : Wednesday, March 24, 2021 9:16:46 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
aemathenge wrote:
So. Thakar is out, or is he?. What next WPP ScanGroup Plc in Kenia?


They will survive and continue doing business
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Impunity
#67 Posted : Wednesday, March 24, 2021 11:20:41 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Ericsson wrote:
aemathenge wrote:
So. Thakar is out, or is he?. What next WPP ScanGroup Plc in Kenia?


They will survive and continue doing business


They should please.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Metch
#68 Posted : Wednesday, March 24, 2021 12:27:24 PM
Rank: Member


Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Ericsson wrote:
aemathenge wrote:
So. Thakar is out, or is he?. What next WPP ScanGroup Plc in Kenia?


They will survive and continue doing business


I hope this means he has opted to go quietly. This is good. Now let's see those FY results.
Start!
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kenyaeconomicreview
#69 Posted : Thursday, March 25, 2021 1:44:32 PM
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Joined: 5/29/2019
Posts: 2
Laughing out loudly Laughing out loudly its so dramatic! I hope someone from showmax is taking notes

cyruskulei wrote:
[quote=smitha]Sometimes it is so obvious yet people still fail to buy cheaply: https://www.kahawatungu....&utm_medium=twitter[/quote]
Great story with lots of drama
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Ericsson
#70 Posted : Friday, March 26, 2021 8:58:29 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
https://mobile.twitter.c...320638274084868/photo/1

Reuben Mwangi ceases to be company secretary effective March 23 2021.
Winniefred Jumba assumes that position
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Elephant Man
#71 Posted : Saturday, May 01, 2021 8:13:55 AM
Rank: Member


Joined: 12/24/2008
Posts: 112
WPP-Scangroup claim to be the largest marketing and communication group in sub-Saharan Africa.

Is it not a poor show then, that they are yet to release their FY 2020 financials? Or even inform stakeholders of a delay? Or a progress report on their investigations into the conduct of Bharat and Satya, who btw is still listed on their website as Scangroup's CFO? Was his suspension lifted?
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Ericsson
#72 Posted : Saturday, May 01, 2021 11:21:09 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Elephant Man wrote:
WPP-Scangroup claim to be the largest marketing and communication group in sub-Saharan Africa.

Is it not a poor show then, that they are yet to release their FY 2020 financials? Or even inform stakeholders of a delay? Or a progress report on their investigations into the conduct of Bharat and Satya, who btw is still listed on their website as Scangroup's CFO? Was his suspension lifted?



Don't expect anything good from this one in the FY2020 financials.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Elephant Man
#73 Posted : Saturday, May 01, 2021 1:45:17 PM
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Joined: 12/24/2008
Posts: 112
Hope they consider share buy back kama uko majuu...
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smitha
#74 Posted : Friday, May 07, 2021 9:13:28 AM
Rank: New-farer


Joined: 6/10/2013
Posts: 52
WPP takeover loading ...buy out the "pesky" minorities as they did in Australia recently https://www.businessdail...angroup-results-3390704

You are either in or out when (and if) it is announced.
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Ebenyo
#75 Posted : Friday, May 07, 2021 10:03:11 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Elephant Man wrote:
WPP-Scangroup claim to be the largest marketing and communication group in sub-Saharan Africa.

Is it not a poor show then, that they are yet to release their FY 2020 financials? Or even inform stakeholders of a delay? Or a progress report on their investigations into the conduct of Bharat and Satya, who btw is still listed on their website as Scangroup's CFO? Was his suspension lifted?




He is being investigated for financial impropriety
Towards the goal of financial freedom
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Metch
#76 Posted : Monday, August 02, 2021 10:35:42 AM
Rank: Member


Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Ebenyo wrote:
Elephant Man wrote:
WPP-Scangroup claim to be the largest marketing and communication group in sub-Saharan Africa.

Is it not a poor show then, that they are yet to release their FY 2020 financials? Or even inform stakeholders of a delay? Or a progress report on their investigations into the conduct of Bharat and Satya, who btw is still listed on their website as Scangroup's CFO? Was his suspension lifted?




He is being investigated for financial impropriety


FY results delayed again to 31st Aug. Seems we'll get FY and HY together.
Meanwhile the stock continues to slide
Start!
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Ericsson
#77 Posted : Monday, August 02, 2021 2:58:49 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Metch wrote:
Ebenyo wrote:
Elephant Man wrote:
WPP-Scangroup claim to be the largest marketing and communication group in sub-Saharan Africa.

Is it not a poor show then, that they are yet to release their FY 2020 financials? Or even inform stakeholders of a delay? Or a progress report on their investigations into the conduct of Bharat and Satya, who btw is still listed on their website as Scangroup's CFO? Was his suspension lifted?




He is being investigated for financial impropriety


FY results delayed again to 31st Aug. Seems we'll get FY and HY together.
Meanwhile the stock continues to slide

Another carcass loading
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Receptor
#78 Posted : Thursday, August 05, 2021 3:27:23 PM
Rank: Member


Joined: 7/1/2019
Posts: 119
What if the former CEO has been pimping the cash position? What if WPP Scangroup balance sheet is totally different from what has been posted in the past? What if the equity of the firm is significantly lower than what has been reported?
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McGill
#79 Posted : Thursday, August 05, 2021 7:27:31 PM
Rank: New-farer


Joined: 8/1/2019
Posts: 86
Receptor wrote:
What if the former CEO has been pimping the cash position? What if WPP Scangroup balance sheet is totally different from what has been posted in the past? What if the equity of the firm is significantly lower than what has been reported?


Possible. Just last year that German company called Wirecard was discovered to have an imaginary $2 billion cash in its books. And that is in a country that is supposedly with better financial markets oversight. Very possible.
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Much Know
#80 Posted : Thursday, August 05, 2021 7:59:37 PM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
McGill wrote:
Receptor wrote:
What if the former CEO has been pimping the cash position? What if WPP Scangroup balance sheet is totally different from what has been posted in the past? What if the equity of the firm is significantly lower than what has been reported?


Possible. Just last year that German company called Wirecard was discovered to have an imaginary $2 billion cash in its books. And that is in a country that is supposedly with better financial markets oversight. Very possible.

She(nse) sells shells by the sea shore.
A New Kenya
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