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Centum FY2016 div comeback 1/- net profit +25%
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Hii ni mchezo, such an insult. Msg: No dividends, if you want to make money, become an employee or sell your shares on capital gains. This Mworia guy says he follows in the steps of buffet but clearly he ignores one thing, buffets detests employee greed and bonuses. "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: Member Joined: 12/17/2007 Posts: 53
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mworia...soon to be dollar billionaire....from bonuses...
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Rank: Elder Joined: 8/16/2011 Posts: 2,300
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 Mmmmmmmmmmhhhhhmmm!!! just woke up to good news. My prayer was No finger raised against me by @Spikes shall Penet......! Windows 3.0 brought back Dividends to save on bonuses. They may likely float rights soon or next year to rope in bigger investor hence increase issued shares 1 Bob ok though i expected them to give dividends with a snap say 5 Kes going up putting the theory that last year was a dry year.  Centum net profit jumps 25pc to Sh10bn
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Realtreaty wrote: Mmmmmmmmmmhhhhhmmm!!! just woke up to good news. My prayer was No finger raised against me by @Spikes shall Penet......! Windows 3.0 brought back Dividends to save on bonuses. They may likely float rights soon or next year to rope in bigger investor hence increase issued shares 1 Bob ok though i expected them to give dividends with a snap say 5 Kes going up putting the theory that last year was a dry year. Centum net profit jumps 25pc to Sh10bn Kwani kumbe uko majuu. Unaamuka whereas we have eaten your said predicted dividends.secret is out  .Mr cook
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Rank: Elder Joined: 12/4/2009 Posts: 10,703 Location: NAIROBI
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Why sell your stake in Two Rivers Mall remain with a minority stake. Then u give out obscene bonuses to employees for doing nothing extra ordinary. The bonuses paid so far wouldn't have warranted a sale of majority stake in two rivers mall. Hii afadhali u put your money with NSSF Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Ericsson wrote:Why sell your stake in Two Rivers Mall remain with a minority stake.
Then u give out obscene bonuses to employees for doing nothing extra ordinary.
The bonuses paid so far wouldn't have warranted a sale of majority stake in two rivers mall.
Hii afadhali u put your money with NSSF Just saw it gained 3+ today. 50 bob I'm out. Don't care about the divided crap
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Rank: Chief Joined: 1/3/2007 Posts: 18,134 Location: Nairobi
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murchr wrote:Hii ni mchezo, such an insult. Msg: No dividends, if you want to make money, become an employee or sell your shares on capital gains. This Mworia guy says he follows in the steps of buffet but clearly he ignores one thing, buffets detests employee greed and bonuses. Really? [The bonuses if deserved] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,134 Location: Nairobi
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Ericsson wrote:Why sell your stake in Two Rivers Mall remain with a minority stake.
Then u give out obscene bonuses to employees for doing nothing extra ordinary.
The bonuses paid so far wouldn't have warranted a sale of majority stake in two rivers mall.
Hii afadhali u put your money with NSSF You should do so. Immediately. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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VituVingiSana wrote:murchr wrote:Hii ni mchezo, such an insult. Msg: No dividends, if you want to make money, become an employee or sell your shares on capital gains. This Mworia guy says he follows in the steps of buffet but clearly he ignores one thing, buffets detests employee greed and bonuses. Really? [The bonuses if deserved] Do you believe they deserve to get compensated as much? 90 employees to bag 600m. They bagged 1BN last year "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: 18,134 Location: Nairobi
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murchr wrote:VituVingiSana wrote:murchr wrote:Hii ni mchezo, such an insult. Msg: No dividends, if you want to make money, become an employee or sell your shares on capital gains. This Mworia guy says he follows in the steps of buffet but clearly he ignores one thing, buffets detests employee greed and bonuses. Really? [The bonuses if deserved] Do you believe they deserve to get compensated as much? 90 employees to bag 600m. They bagged 1BN last year I do not know re: compensation/bonuses coz I do not know enough. I was simply challenging your assertion that WB detests employee bonuses. Yes, he detests & discourages greed/front-running [see Sokol-Lubrizol scandal] but not bonuses that are deserved from gains in performance. http://fortune.com/2016/...shire-energy-greg-abel/
"In its annual report, Berkshire Hathaway Energy said Abel was awarded $28 million under an incentive plan tied to the company’s performance. He also received a $1 million salary and an $11.5 million bonus." Pay structure and risk-taking.http://www.forbes.com/si...study-says/#62e0adc25a58Greedy 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: 10,703 Location: NAIROBI
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Centum sales stakes in profitable companies it owns e.g AON Minet then distributes the realised profits to employees as bonus. Killing the goose that lays the golden egg. @VVS I own no stake in Centum.The last shares I used to own exited in 2013. Hii ni moto ya kuotea mbali Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Where are these results? Statements and all...I would like to have a look at them and see how they managed to beat 2015 numbers all the way to the bottom line. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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Ericsson wrote:Why sell your stake in Two Rivers Mall remain with a minority stake.
Then u give out obscene bonuses to employees for doing nothing extra ordinary.
The bonuses paid so far wouldn't have warranted a sale of majority stake in two rivers mall.
Hii afadhali u put your money with NSSF what is nssf's annual interest rate? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/4/2009 Posts: 10,703 Location: NAIROBI
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7.5% and hakuna asset stripping Centum style Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Who cares if employees get alot of bonuses if the shareholders are also rewarded the same. In centum the employees are rewarded more than their employers/shareholders. Warren Buffet is in usa we are in kenya so comparing the two is a Disneyland fantasy.
Bottom line is what they are doing doesn't feel right in my stomach.
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Rank: Member Joined: 11/13/2006 Posts: 94
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Ericsson wrote:7.5% and hakuna asset stripping Centum style Is there a difference between buying and selling shares and buying and selling companies? Bottom line, you are making money... It's just the scale. If you have a loose 5 billion, will you buy shares on NSE and push for a board seat or buy out a growth company, fatten it and flog 60% of it for the price you bought it at and move the 5 billion to the next start up?
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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nyari wrote:Ericsson wrote:7.5% and hakuna asset stripping Centum style Is there a difference between buying and selling shares and buying and selling companies? Bottom line, you are making money... It's just the scale. If you have a loose 5 billion, will you buy shares on NSE and push for a board seat or buy out a growth company, fatten it and flog 60% of it for the price you bought it at and move the 5 billion to the next start up? Good point though soon you will run out of option of buying emerging companies, especially with african economy .that's why sometimes it's good to keep some instead of selling everytime .
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Rank: Member Joined: 3/3/2016 Posts: 132
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Centum is using the bonuses for employee retention. Except the team looks different every year based on annual reports and introductions at the briefings.
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Plimsoul wrote:Centum is using the bonuses for employee retention. Except the team looks different every year based on annual reports and introductions at the briefings. Plimsoul with all the due respect I have are they the only employees in kenya who are qualified with top cream brain? I think this is just an excuse to fatten the employees ..that's how i see it
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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enyands wrote:Plimsoul wrote:Centum is using the bonuses for employee retention. Except the team looks different every year based on annual reports and introductions at the briefings. Plimsoul with all the due respect I have are they the only employees in kenya who are qualified with top cream brain? I think this is just an excuse to fatten the employees ..that's how i see it this smells like an ethnic grouping enriching itself,i doubt this generosity can just be given to the normal employee "Don't let the fear of losing be greater than the excitement of winning."
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Centum FY2016 div comeback 1/- net profit +25%
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