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CENTUM
gatoho
#21 Posted : Thursday, May 19, 2016 11:20:10 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
So are the employees getting charged for the dropped value as they got rewarded for the opposite?
Foresight..
jgithige
#22 Posted : Thursday, May 19, 2016 11:42:58 AM
Rank: Member

Joined: 7/10/2014
Posts: 145
Location: Nairobi
Last year August 2015, i attended the AGM at two rivers. The management was bieng pushed by shareholders to consider a bonus issue in the same respect they had considered the employees with the 1Bn bonus. When the CEO Mworia rose to answer the questions he said that they are avoiding the bonus with the then prevailing prices where centum was trading then at Ksh.52 to him he felt as a gross undervaluation and a bonus issue would be disastrous to the stability of the share price, infact he went ahead advising shareholders to take advantage of the low price to increase their centum shares saying the price was a deal. I wonder what he would tell the shareholders today with the Ksh40 knocking on the door.
"Blowing out someone else candle won't make yours shine brighter"-Anonymous
enyands
#23 Posted : Thursday, May 19, 2016 2:41:18 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
jgithige wrote:
Last year August 2015, i attended the AGM at two rivers. The management was bieng pushed by shareholders to consider a bonus issue in the same respect they had considered the employees with the 1Bn bonus. When the CEO Mworia rose to answer the questions he said that they are avoiding the bonus with the then prevailing prices where centum was trading then at Ksh.52 to him he felt as a gross undervaluation and a bonus issue would be disastrous to the stability of the share price, infact he went ahead advising shareholders to take advantage of the low price to increase their centum shares saying the price was a deal. I wonder what he would tell the shareholders today with the Ksh40 knocking on the door.



I'm sure the 1bn bonus to employees was seen as a bad idea after all.they will never mention any crazy idea like that again.
I also see a possibility of drop in profits because no significant activity has been taking place of late
Spikes
#24 Posted : Thursday, May 19, 2016 2:46:20 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
enyands wrote:
jgithige wrote:
Last year August 2015, i attended the AGM at two rivers. The management was bieng pushed by shareholders to consider a bonus issue in the same respect they had considered the employees with the 1Bn bonus. When the CEO Mworia rose to answer the questions he said that they are avoiding the bonus with the then prevailing prices where centum was trading then at Ksh.52 to him he felt as a gross undervaluation and a bonus issue would be disastrous to the stability of the share price, infact he went ahead advising shareholders to take advantage of the low price to increase their centum shares saying the price was a deal. I wonder what he would tell the shareholders today with the Ksh40 knocking on the door.



I'm sure the 1bn bonus to employees was seen as a bad idea after all.they will never mention any crazy idea like that again.
I also see a possibility of drop in profits because no significant activity has been taking place of late



If they record a loss mr. market will never forgive them. This counter will be seen tanking heavily to less than 20% of the current price.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
jawgey
#25 Posted : Thursday, May 19, 2016 5:31:02 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
gatoho wrote:
So are the employees getting charged for the dropped value as they got rewarded for the opposite?

Haha you have a very good point but unfortunately not, they will still enjoy their usual package.
Seeing is believing
Realtreaty
#26 Posted : Thursday, May 19, 2016 7:43:04 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
enyands wrote:
Realtreaty wrote:
enyands wrote:
mlennyma wrote:
enyands wrote:
Realtreaty wrote:
Centum likely to create more shares and issue them as Bonuses in 2016 for the next two years. To come up with a total issued share number of 800M, then a 1:5(1 for every 5) ratio may be offered. This will keep investors going up to the promised date 2019 for a standard buttered dividend and bonus of 1:10. smile



Link??

Ati link?likely means a guess smile



Realtreaty has a habit of cooking stuff and putting it on table for us to feed. If you ask him where is his source of food then he can't say. Maybe the vegetables were fed with sewage water Laughing out loudly . He did that with britam and some other shananigans .

Seriously where did you get this info from @Realtreaty Sad


smile ....and who said cooking is bad if you get some good product to eat. Do you think I was wrong on KK, Coop,Barclays and Britam? The cooking using the right recipe was fantastic. For Britam there was imported Recipe and had to be very careful to make the best of what others never tasted.Laughing out loudly Laughing out loudly Laughing out loudly


Realtreaty you were terribly wrong with kk. I entrusted you with waking me up from my sweet sleep with the hope that there will be a mini bull run "till 40" from 8 or 9. Then boom the most it ever reached was 13 and went back to where it is now . I got some though but I feel you cheated on me sir Laughing out loudly Laughing out loudly

smile smile
I have a Big Headline on that-The KK Pendulum!!! Do you know how a pendulum works? It has Periods, amplitude, and you have to make many more assumptions (weight of string is Zero), its frictionless through the medium and at the pivot, etc, etc.
d'oh! d'oh!
mnjenga2
#27 Posted : Friday, May 20, 2016 11:52:02 AM
Rank: Hello

Joined: 4/16/2013
Posts: 1
When are they announcing their results?
Realtreaty
#28 Posted : Friday, May 20, 2016 7:19:00 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
mnjenga2 wrote:
When are they announcing their results?

smile By June 20 you will make your maiden harvest with a 1 for 10 bonus hence earning you approx 4 bob per share. This is the reason the price fell to 40 as the rumor lead the bonus as a right issue which will be credited on August 20 . The price will not be allowed to move up but down till and after August 20.To prevent rush to sell the price must be artificially brought south.
enyands
#29 Posted : Saturday, May 21, 2016 4:04:29 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Realtreaty wrote:
mnjenga2 wrote:
When are they announcing their results?

smile By June 20 you will make your maiden harvest with a 1 for 10 bonus hence earning you approx 4 bob per share. This is the reason the price fell to 40 as the rumor lead the bonus as a right issue which will be credited on August 20 . The price will not be allowed to move up but down till and after August 20.To prevent rush to sell the price must be artificially brought south.



Are you a spooky or soothsayer or a cook?Laughing out loudly Laughing out loudly
Thiong'o
#30 Posted : Saturday, May 21, 2016 6:05:49 AM
Rank: Member

Joined: 10/14/2011
Posts: 661
enyands wrote:
Realtreaty wrote:
mnjenga2 wrote:
When are they announcing their results?

smile By June 20 you will make your maiden harvest with a 1 for 10 bonus hence earning you approx 4 bob per share. This is the reason the price fell to 40 as the rumor lead the bonus as a right issue which will be credited on August 20 . The price will not be allowed to move up but down till and after August 20.To prevent rush to sell the price must be artificially brought south.



Are you a spooky or soothsayer or a cook?Laughing out loudly Laughing out loudly


and how much birrions for staff will be announced?
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