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Olympia - matu defence
VituVingiSana
#1 Posted : Tuesday, July 28, 2009 10:46:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
What do you think of matu's defence (Smart Company Pg 6 28 Jul 2009 ) of the debacle in S.Africa?

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Chaka
#2 Posted : Tuesday, July 28, 2009 11:02:00 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
Why is the gentleman addressing shareholders via the press and not at the AGM?

Who still uses PVC floor tiles nowadays?
VituVingiSana
#3 Posted : Tuesday, July 28, 2009 12:48:00 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
Losing over KShs 120,000,000 (after raising 420mn) in less than 2 years!

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Mainat
#4 Posted : Tuesday, July 28, 2009 12:58:00 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
BS. He is rsponding to perception issues about OCL failure in SA rather than the elephant in the room-where are the annual accounts 5 months after year end closed?

And you notice how bad the due diligence on Plush was?


www.mjengakenya.blogspot.com
Sehemu ndio nyumba
VituVingiSana
#5 Posted : Tuesday, July 28, 2009 1:24:00 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
Will this be the impetus to overhaul the board?

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Mainat
#6 Posted : Thursday, September 10, 2009 9:04:00 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Don't say you were not warned...
http://allafrica.com/stories/200908270947.html

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
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