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Matiba sells 2m Carbacid Shares to Centum
Moibutu
#31 Posted : Thursday, November 05, 2009 9:15:00 AM
Rank: Member

Joined: 9/12/2008
Posts: 58
Assuming matiba sold each share at 140 bob,he must be crying now!!! Investment is really very tricky

die trying
VituVingiSana
#32 Posted : Thursday, November 05, 2009 11:03:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Its is about ego. If matiba had accepted 137 (Nairumours say he got 160 in 2009) for his Carbacid in 2005... the interest at 10% would have given him 50+. overall he has lost money by playing games with BOC.
**** If matiba had gained control of BOC,the only beneficiary would have been matiba. The other shareholders would have been cleaned out like at olympia.

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
Nairoberry
#33 Posted : Friday, November 06, 2009 9:46:00 AM
Rank: Member

Joined: 9/24/2009
Posts: 20
Lets look at it this way? If you think Matiba made a loss,how much do you think he had bought the shares at? What was the opportunity cost of pulling out when he did?

Carbacid shareholders are lucky their share was shielded from all that drama that has happened in the last year..Matiba was a blessing for them,but thats a story for another day. Now the question is how much did they lose out in that period if they had invested the money elsewhere? Just food for thought.

Nairoberry-'The darker the berry the sweeter the juice'
Pretty
#34 Posted : Friday, November 06, 2009 10:58:00 AM
Rank: Member

Joined: 5/8/2009
Posts: 263
Location: Gigiri, Nairobi
@Nairoberry

v To add on what you&rsquo;ve said,if Matiba had not sold his 22.6% (or is it 26.2%) shares of Carbacid to Centum,would BOC and Carbacid agreed to settle out of court? Maybe,the whole strategy was to make Matiba pull out from Carbacid. Remember,even in business,out maneuvering opponents is a fair game.

v Thinking outside the box is crucial in business as well as in politics. That&rsquo;s why you need to read 'The Art of War'. It applies in Marketing and Business. Look at fibre optic wars,you aint seen nothing yet.

v By the way,Nairoberry,where had you disappeared to? Welcome back.


>>>>>>It saves you hell if you treat new acquaintances as enemies consistently until each proves otherwise or confirms - Jsanchiazh.
>>>>>>>In life,there are three classes of people,those who make things happen,those who watch things happen and those who ask what happened. Where do you fall?
>>>>>>
A thing of beauty is a joy for ever:
Its loveliness increases;
It will never pass into nothingness;
But still will keep a bower quiet for us,
and a sleep full of sweet dreams,
and health, and quiet breathing. - Keats

>>>>>>>In life,there are three classes of people,
1. Those who make things happen,
2. Those who watch things happen
3. And those who ask what happened.

Where do you fall?
Mainat
#35 Posted : Friday, November 06, 2009 11:33:00 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Matiba only sold out bcos of 2 main reasons


His Alliance empire is monetarily-challenged. Very
The buyer wasn't a chute or foreigner. Go back to his presidential campaigns if u don't believe

But @ Ksh160,he didn't do his mathabu.


www.mjengakenya.blogspot.com
Sehemu ndio nyumba
VituVingiSana
#36 Posted : Friday, November 06, 2009 12:30:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
@mainat: Carbacid shareholders are lucky that matiba does not control Carbacid... he wud have stolen from it... guaranteed... to prop up his failing (unholy) alliance... He tried to take control of Carbacid but was rebuffed (thus he was pissed at the other significant shareholders)... U know what happened at olympia... the benefits were one-sided (management)... matiba hails pretty close to where matu hails from... And kirubi speaks the same language as matiba...

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
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