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KENOL KOBIL .... 2012
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youcan'tstopusnow
#1681 Posted : Friday, August 17, 2012 11:26:08 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
"Senior staff at the oil
marketer in Nairobi said
Puma Energy had asked the oil marketer to lay off at least half of the employees as part of the ongoing take-over."

This just confirms the deal was done kitambo sana. Otherwise, I have never heard a prospective buyer of a biz ordering the sackings of employees. I mean what if the deal failed to sail through for some reason. PUMA wrapped up this deal already. You don't order firing people WHILE conducting due diligence.
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#1682 Posted : Friday, August 17, 2012 11:33:33 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Thoughts with the affected workers and their families though. All said and done, going to court puts them in a stronger position to get their full benefits. It will be for the court to decide whether their rights have been violated - not PUMA, JS or KK shareholders.
Of course this will stall the takeover process, but not halt it completely, in my opinion
GOD BLESS YOUR LIFE
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2012
#1683 Posted : Friday, August 17, 2012 11:45:41 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mlennyma wrote:
One of the dudes has worked there since 1983 and he is still fighting to die in the company.a pity...this guy should enrol in the umash pan african sendoff scheme if he has never got cash all those years.



The staff were very wise to go to court. I wish them all the best.

BBI will solve it :)
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youcan'tstopusnow
#1684 Posted : Friday, August 17, 2012 11:58:10 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Just makes you wonder whether KK's decision to scrap one discount day from Deal Poa was PUMA's call...
GOD BLESS YOUR LIFE
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Jamani
#1685 Posted : Friday, August 17, 2012 12:12:20 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
youcan'tstopusnow wrote:
"Senior staff at the oil
marketer in Nairobi said
Puma Energy had asked the oil marketer to lay off at least half of the employees as part of the ongoing take-over."

This just confirms the deal was done kitambo sana. Otherwise, I have never heard a prospective buyer of a biz ordering the sackings of employees. I mean what if the deal failed to sail through for some reason. PUMA wrapped up this deal already. You don't order firing people WHILE conducting due diligence.


Exactly my thoughts
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Jamani
#1686 Posted : Friday, August 17, 2012 12:14:04 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
2012 wrote:
mlennyma wrote:
One of the dudes has worked there since 1983 and he is still fighting to die in the company.a pity...this guy should enrol in the umash pan african sendoff scheme if he has never got cash all those years.



The staff were very wise to go to court. I wish them all the best.


Hope shareholders will not also be subjected to go to court
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Jamani
#1687 Posted : Friday, August 17, 2012 12:16:15 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
youcan'tstopusnow wrote:
Just makes you wonder whether KK's decision to scrap one discount day from Deal Poa was PUMA's call...


It must have been, the boys are in town but running the show by remote control
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VituVingiSana
#1688 Posted : Friday, August 17, 2012 1:45:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
2012 wrote:
mlennyma wrote:
One of the dudes has worked there since 1983 and he is still fighting to die in the company.a pity...this guy should enrol in the umash pan african sendoff scheme if he has never got cash all those years.

The staff were very wise to go to court. I wish them all the best.
And I do not. Kwani, they were working for free before Puma came along?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Jamani
#1689 Posted : Friday, August 17, 2012 1:46:59 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
VituVingiSana wrote:
2012 wrote:
mlennyma wrote:
One of the dudes has worked there since 1983 and he is still fighting to die in the company.a pity...this guy should enrol in the umash pan african sendoff scheme if he has never got cash all those years.

The staff were very wise to go to court. I wish them all the best.
And I do not. Kwani, they were working for free before Puma came along?

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
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Aguytrying
#1690 Posted : Friday, August 17, 2012 2:59:24 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
The cartoon technicals don't look very nice once VWAP is sub 15...



please interpret this cartoon for us, you are a lone voice in this take over. i hope this time u aint right
The investor's chief problem - and even his worst enemy - is likely to be himself
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