Wazua
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Atlas Africa Industries Suspended
Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Ethiopia ExitWhat an unfortunate time for those who have the Atlas Shares in their holding. CMA should stipulate clear guidelines on how to handle such, and even a recovery mode for the shareholders. In Ethiopia, some amount had been frozen in their bank accounts.  African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Pesa Nane wrote:90 days for starters  Its way over 90 days. Does this mean CMA is toothless? Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Fyatu wrote:Pesa Nane wrote:90 days for starters Its way over 90 days. Does this mean CMA is toothless? Very saddened by this bandia firm.. The less we talk about it the better
KQ ABP 4.26
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Is there hope of me getting my money that i invested in this firm?? What happens to shareholders when firms are de-listed from NSE? Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Fyatu wrote:Is there hope of me getting my money that i invested in this firm?? What happens to shareholders when firms are de-listed from NSE? It would depend on the circumstances leading to delisting. Some do pay, but in this specific case, the deposit protection fund may need to reimburse the mandatory balance.. It's minimal though
KQ ABP 4.26
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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obiero wrote:Fyatu wrote:Is there hope of me getting my money that i invested in this firm?? What happens to shareholders when firms are de-listed from NSE? It would depend on the circumstances leading to delisting. Some do pay, but in this specific case, the deposit protection fund may need to reimburse the mandatory balance.. It's minimal though Thanks Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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This is how wanjiku was shafted(yours truly included).At the risk of sounding racists, it is my opinion that wazungus should not be trusted especially Brits and Africa born brits. Phil Edmonds and Andrew Groves and by extension Carl Esprey ni wakora...see link below
LINKDumb money becomes dumb only when it listens to smart money
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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Fyatu wrote:This is how wanjiku was shafted(yours truly included).At the risk of sounding racists, it is my opinion that wazungus should not be trusted especially Brits and Africa born brits. Phil Edmonds and Andrew Groves and by extension Carl Esprey ni wakora...see link below
LINK Crooks come in all shades. Naikuni, Merali, Matu, etc... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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VituVingiSana wrote:Fyatu wrote:This is how wanjiku was shafted(yours truly included).At the risk of sounding racists, it is my opinion that wazungus should not be trusted especially Brits and Africa born brits. Phil Edmonds and Andrew Groves and by extension Carl Esprey ni wakora...see link below
LINK Crooks come in all shades. Naikuni, Merali, Matu, etc... Ciano was the worst.. Looking soo holy but devious indeed
KQ ABP 4.26
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Now even the website has been pulled down LINKDumb money becomes dumb only when it listens to smart money
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