Rank: Member Joined: 10/7/2010 Posts: 251 Location: nairobi
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The era of share buy back by listed companies is kicking off. Centum in the AGM intends to amend its Memorandum to enable share buy back. this is a good things as the company will be able to buy back its shares when they fall below the net asset value or when they are intrinsically under valued.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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madebe wrote:The era of share buy back by listed companies is kicking off. Centum in the AGM intends to amend its Memorandum to enable share buy back. this is a good things as the company will be able to buy back its shares when they fall below the net asset value or when they are intrinsically under valued. Share buyback law in Kenya has not been ratified. It is not possible even if they amend Centum memorandum. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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Realtreaty wrote:I do not want to count what they own but what I own in them by next year March. Its given everything will come up early enough save for Elections in August 2017.
This is the Month the doors are opening
Carrefour to spoil Kenyans with LED 32-47 inch TVs have price for the first 200 buyers.
They will as well gift shoppers shopping miles for free tickets and 2 day stay in Mombasa, Kisumu, Madagascar for Monthly shoppers of 10000 and above through draw for Xmas. they will run out of business after the first 200 shoppers get their free TVs KEGN, KPLC, KQ, SCOM
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Rank: Member Joined: 2/24/2015 Posts: 154 Location: Nairobi
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mkate_nusu wrote:Realtreaty wrote:I do not want to count what they own but what I own in them by next year March. Its given everything will come up early enough save for Elections in August 2017.
This is the Month the doors are opening
Carrefour to spoil Kenyans with LED 32-47 inch TVs have price for the first 200 buyers.
They will as well gift shoppers shopping miles for free tickets and 2 day stay in Mombasa, Kisumu, Madagascar for Monthly shoppers of 10000 and above through draw for Xmas. they will run out of business after the first 200 shoppers get their free TVs I have to say, I absolutely love all the Centum haters on Wazua. Your tireless efforts allows me to keep buying shares at a ridiculous discount. So thanks! And keep up the good work. 
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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researchfirst wrote:mkate_nusu wrote:Realtreaty wrote:I do not want to count what they own but what I own in them by next year March. Its given everything will come up early enough save for Elections in August 2017.
This is the Month the doors are opening
Carrefour to spoil Kenyans with LED 32-47 inch TVs have price for the first 200 buyers.
They will as well gift shoppers shopping miles for free tickets and 2 day stay in Mombasa, Kisumu, Madagascar for Monthly shoppers of 10000 and above through draw for Xmas. they will run out of business after the first 200 shoppers get their free TVs I have to say, I absolutely love all the Centum haters on Wazua. Your tireless efforts allows me to keep buying shares at a ridiculous discount. So thanks! And keep up the good work. Love your MOJO
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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researchfirst wrote:mkate_nusu wrote:Realtreaty wrote:I do not want to count what they own but what I own in them by next year March. Its given everything will come up early enough save for Elections in August 2017.
This is the Month the doors are opening
Carrefour to spoil Kenyans with LED 32-47 inch TVs have price for the first 200 buyers.
They will as well gift shoppers shopping miles for free tickets and 2 day stay in Mombasa, Kisumu, Madagascar for Monthly shoppers of 10000 and above through draw for Xmas. they will run out of business after the first 200 shoppers get their free TVs I have to say, I absolutely love all the Centum haters on Wazua. Your tireless efforts allows me to keep buying shares at a ridiculous discount. So thanks! And keep up the good work. Haters have no influence on company results, suspicious accounting and stock prices. It's you, your decision, profits or losses. Life is short. Live passionately.
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Rank: Member Joined: 2/24/2015 Posts: 154 Location: Nairobi
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sparkly wrote:researchfirst wrote:mkate_nusu wrote:Realtreaty wrote:I do not want to count what they own but what I own in them by next year March. Its given everything will come up early enough save for Elections in August 2017.
This is the Month the doors are opening
Carrefour to spoil Kenyans with LED 32-47 inch TVs have price for the first 200 buyers.
They will as well gift shoppers shopping miles for free tickets and 2 day stay in Mombasa, Kisumu, Madagascar for Monthly shoppers of 10000 and above through draw for Xmas. they will run out of business after the first 200 shoppers get their free TVs I have to say, I absolutely love all the Centum haters on Wazua. Your tireless efforts allows me to keep buying shares at a ridiculous discount. So thanks! And keep up the good work. Haters have no influence on company results, suspicious accounting and stock prices. It's you, your decision, profits or losses. It was a joke, Captain Happy.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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researchfirst wrote:sparkly wrote:researchfirst wrote:mkate_nusu wrote:Realtreaty wrote:I do not want to count what they own but what I own in them by next year March. Its given everything will come up early enough save for Elections in August 2017.
This is the Month the doors are opening
Carrefour to spoil Kenyans with LED 32-47 inch TVs have price for the first 200 buyers.
They will as well gift shoppers shopping miles for free tickets and 2 day stay in Mombasa, Kisumu, Madagascar for Monthly shoppers of 10000 and above through draw for Xmas. they will run out of business after the first 200 shoppers get their free TVs I have to say, I absolutely love all the Centum haters on Wazua. Your tireless efforts allows me to keep buying shares at a ridiculous discount. So thanks! And keep up the good work. Haters have no influence on company results, suspicious accounting and stock prices. It's you, your decision, profits or losses. It was a joke, Captain Happy. If a joke, don't forget to add something like this  Life is short. Live passionately.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Was the law amended to allow buy backs or this is yet another gimmick of exciting the market?"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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Centum must have consulted some lawyers before amending the Articles to allow for buybacks. “The company may acquire its own shares in accordance with Part XVI of the Act,” Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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Ukitaka kununua shares kwa hii kampuni tumia akili yako. don't base your decision on someone else's opinion Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ericsson wrote:Ukitaka kununua shares kwa hii kampuni tumia akili yako.
don't base your decision on someone else's opinion That applies to all shares. @VVS - Lawyers are paid whether you win or loose due diligence is important. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Share buyback PPT to break the golden handcuff chains. Someone is pissed off with the irrational bear $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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hisah wrote:Share buyback PPT to break the golden handcuff chains. Someone is pissed off with the irrational bear The bear will reduce their end of year bonuses. So they have to find a way to manipulate the stock price so as to keep fat bonuses
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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I wanna open Kirubi mind and read what he thinks and act immediately before he says it. I knew he could have repeated this, but my problem is "Pesa Ong'e!!!!! But do I say!!! http://www.businessdailyafrica....2996-10wakphz/index.html
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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watesh wrote:hisah wrote:Share buyback PPT to break the golden handcuff chains. Someone is pissed off with the irrational bear The bear will reduce their end of year bonuses. So they have to find a way to manipulate the stock price so as to keep fat bonuses This BB PPT has to push the price above 50 handle to stall the bear pressure. Then push above 60 - 65 resistance for bulls to reclaim the trend.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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sikupata dividend. did you get? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 2/24/2015 Posts: 154 Location: Nairobi
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mlennyma wrote:sikupata dividend. did you get? Book closure for this year's dividend is 3 October, payable on 31 October. Or are you talking about unclaimed dividends from way back?
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Rank: Member Joined: 11/1/2008 Posts: 38
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This BB PPT will be the mother of price manipulation for now and the future.
The guys can even deflate the price to buyback at rock bottom prices.
Why can't Chris Kirubi and his buddies buy more shares as individuals instead of the Centum buying-back its own shares? what is the logic/difference?
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