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Centum impressive FY 2015 profit before tax up 120%

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tom_boy		#51 Posted : Wednesday, September 16, 2015 9:37:35 AM
Rank: Member Joined: 2/20/2007 Posts: 767		Ufisadi na uhasama. Why do the centum employees pay themselves huge bonusses in cash yet the board wont issue dividends or even bonus shares. In addition this growth in asset values is determined by whom? How can the board/ employees decide the asset values then agree on bonus to be paid to themselves. Why not give the bonus in shares rather than cash. Very warped thinking that fattens the directors while lying to shareholders that growth is taking place. In addition, if target growth per yr is 15% and it is achieved, shouldn' t they make the target 20% for next yr rather than maintain the 15%. The shareholders are being robbed blind by the employees. Negative cash flow but cash bonuses!!! They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Pesa Nane		#52 Posted : Friday, October 09, 2015 1:55:06 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		I was stupid to assume the Ksh. 1,000,0000,000.00 bonus payout would be put to a vote at an AGM! Pesa Nane plans to be shilingi when he grows up.
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Othelo		#53 Posted : Friday, October 09, 2015 4:52:51 PM
Rank: User Joined: 1/20/2014 Posts: 3,528		Now 'votes withheld' ndiye gani? Reminds one of Bomas Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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hisah		#54 Posted : Monday, November 09, 2015 6:30:18 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Reports H1 results this Wednesday 11th. Currently testing critical support around 40 handle. Break below next support around 25-30 level. #golden handcuffs $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mlennyma		#55 Posted : Monday, November 09, 2015 7:26:25 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		hisah wrote: Reports H1 results this Wednesday 11th. Currently testing critical support around 40 handle. Break below next support around 25-30 level. #golden handcuffs 25-30 needs very bad news to be realized "Don't let the fear of losing be greater than the excitement of winning."
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moneydust		#56 Posted : Monday, November 09, 2015 7:31:56 PM
Rank: Member Joined: 1/31/2007 Posts: 304		tom_boy wrote: Ufisadi na uhasama. Why do the centum employees pay themselves huge bonusses in cash yet the board wont issue dividends or even bonus shares. In addition this growth in asset values is determined by whom? How can the board/ employees decide the asset values then agree on bonus to be paid to themselves. Why not give the bonus in shares rather than cash. Very warped thinking that fattens the directors while lying to shareholders that growth is taking place. In addition, if target growth per yr is 15% and it is achieved, shouldn' t they make the target 20% for next yr rather than maintain the 15%. The shareholders are being robbed blind by the employees. Negative cash flow but cash bonuses!!! Enough said!!!! Centum is just another house of cards.Its achilles heel is Two rivers and the Coal plant.In these two it bit more than it can chew.
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hisah		#57 Posted : Monday, November 09, 2015 7:34:04 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		mlennyma wrote: hisah wrote: Reports H1 results this Wednesday 11th. Currently testing critical support around 40 handle. Break below next support around 25-30 level. #golden handcuffs 25-30 needs very bad news to be realized Don't tempt the bear $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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lochaz-index		#58 Posted : Monday, November 09, 2015 8:07:30 PM
Rank: Veteran Joined: 9/18/2014 Posts: 1,127		mlennyma wrote: hisah wrote: Reports H1 results this Wednesday 11th. Currently testing critical support around 40 handle. Break below next support around 25-30 level. #golden handcuffs 25-30 needs very bad news to be realized Give it time. That price range will actualize in due course. The main purpose of the stock market is to make fools of as many people as possible.
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Spikes		#59 Posted : Monday, November 09, 2015 8:39:07 PM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		@Hisa you seem to be bear crusader coz every time you are warning us seriously to desist from taking the market meltdown for granted. You mean Centum can print even 15-20 price in the long run? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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mlennyma		#60 Posted : Monday, November 09, 2015 8:52:05 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Spikes wrote: @Hisa you seem to be bear crusader coz every time you are warning us seriously to desist from taking the market meltdown for granted. You mean Centum can print even 15-20 price in the long run? even the dj didn't get it at this huge discounts, i think its easier for centum to clock 100bob than 15bob "Don't let the fear of losing be greater than the excitement of winning."
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