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ARM HY2017
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Bishofu
#901 Posted : Monday, October 29, 2018 2:10:49 PM
Rank: New-farer

Joined: 7/16/2018
Posts: 23
I once said UBA had a scheme...I hope the stakeholders won't fall into it.
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sparkly
#902 Posted : Monday, October 29, 2018 3:09:33 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
[quote=smitha]Deliberate ploy to cripple ARM and buy it on the cheap?

https://www.tuko.co.ke/2...es-eyebrows.html#290240[/quote]

ARM should have thwarted the deliberate ploy by paying off the "measly Sh 340m" owed to UBA. The fact that they didn't shows how deep in the murk they are.
Life is short. Live passionately.
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obiero
#903 Posted : Monday, October 29, 2018 9:24:17 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
sparkly wrote:
smitha wrote:
Deliberate ploy to cripple ARM and buy it on the cheap?

https://www.tuko.co.ke/2...es-eyebrows.html#290240


ARM should have thwarted the deliberate ploy by paying off the "measly Sh 340m" owed to UBA. The fact that they didn't shows how deep in the murk they are.

The total consultancy fee to be paid towards PWC will actually be more than the owed debt

KQ ABP 4.26
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  | | Edit by user: Monday, October 29, 2018 9:25 PM | Reason: Not specified
VituVingiSana
#904 Posted : Monday, October 29, 2018 11:43:31 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
sparkly wrote:
smitha wrote:
Deliberate ploy to cripple ARM and buy it on the cheap?

https://www.tuko.co.ke/2...es-eyebrows.html#290240


ARM should have thwarted the deliberate ploy by paying off the "measly Sh 340m" owed to UBA. The fact that they didn't shows how deep in the murk they are.
I don't understand why CDC would not have paid UBA 340mn given it was the #1 shareholder with much more to lose with ARM under administration. The Dangote angle is interesting. He can get both a factory in (north) TZ and KE in one fell swoop.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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littledove
#905 Posted : Tuesday, October 30, 2018 10:18:16 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
suspension extended 75 more working days
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Pesa Nane
#906 Posted : Tuesday, October 30, 2018 12:10:43 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
littledove wrote:
suspension extended 75 more working days


Pesa Nane plans to be shilingi when he grows up.
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Ericsson
#907 Posted : Tuesday, October 30, 2018 12:13:34 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Pesa Nane wrote:
littledove wrote:
suspension extended 75 more working days




75 working days that's upto March
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Metch
#908 Posted : Tuesday, October 30, 2018 1:42:58 PM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Ericsson wrote:
Pesa Nane wrote:
littledove wrote:
suspension extended 75 more working days




75 working days that's upto March


Not funny at all...
Start!
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VituVingiSana
#909 Posted : Tuesday, October 30, 2018 5:50:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Pesa Nane wrote:
littledove wrote:
suspension extended 75 more working days


No surprise there!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#910 Posted : Tuesday, October 30, 2018 7:09:44 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
VituVingiSana wrote:
Pesa Nane wrote:
littledove wrote:
suspension extended 75 more working days


No surprise there!

People money has been trapped. I pray for you folks

KQ ABP 4.26
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