wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

19 Pages«<89101112>»
Centum FY2016 div comeback 1/- net profit +25%
Ericsson
#91 Posted : Wednesday, June 08, 2016 6:45:37 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Centum sales stakes in profitable companies it owns e.g AON Minet then distributes the realised profits to employees as bonus.
Killing the goose that lays the golden egg.

@VVS
I own no stake in Centum.The last shares I used to own exited in 2013.
Hii ni moto ya kuotea mbali
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
lochaz-index
#92 Posted : Wednesday, June 08, 2016 6:50:30 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Where are these results? Statements and all...I would like to have a look at them and see how they managed to beat 2015 numbers all the way to the bottom line.
The main purpose of the stock market is to make fools of as many people as possible.
mlennyma
#93 Posted : Wednesday, June 08, 2016 6:51:02 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
Why sell your stake in Two Rivers Mall remain with a minority stake.
Then u give out obscene bonuses to employees for doing nothing extra ordinary.
The bonuses paid so far wouldn't have warranted a sale of majority stake in two rivers mall.
Hii afadhali u put your money with NSSF

what is nssf's annual interest rate?
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#94 Posted : Wednesday, June 08, 2016 6:52:11 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
7.5% and hakuna asset stripping Centum style
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
enyands
#95 Posted : Wednesday, June 08, 2016 7:10:26 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Who cares if employees get alot of bonuses if the shareholders are also rewarded the same. In centum the employees are rewarded more than their employers/shareholders. Warren Buffet is in usa we are in kenya so comparing the two is a Disneyland fantasy.

Bottom line is what they are doing doesn't feel right in my stomach.
nyari
#96 Posted : Wednesday, June 08, 2016 7:10:41 PM
Rank: Member

Joined: 11/13/2006
Posts: 94
Ericsson wrote:
7.5% and hakuna asset stripping Centum style


Is there a difference between buying and selling shares and buying and selling companies? smile

Bottom line, you are making money... It's just the scale.

If you have a loose 5 billion, will you buy shares on NSE and push for a board seat or buy out a growth company, fatten it and flog 60% of it for the price you bought it at and move the 5 billion to the next start up?
enyands
#97 Posted : Wednesday, June 08, 2016 7:17:50 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
nyari wrote:
Ericsson wrote:
7.5% and hakuna asset stripping Centum style


Is there a difference between buying and selling shares and buying and selling companies? smile

Bottom line, you are making money... It's just the scale.

If you have a loose 5 billion, will you buy shares on NSE and push for a board seat or buy out a growth company, fatten it and flog 60% of it for the price you bought it at and move the 5 billion to the next start up?



Good point though soon you will run out of option of buying emerging companies, especially with african economy .that's why sometimes it's good to keep some instead of selling everytime .
Plimsoul
#98 Posted : Wednesday, June 08, 2016 7:21:07 PM
Rank: Member

Joined: 3/3/2016
Posts: 132
Centum is using the bonuses for employee retention. Except the team looks different every year based on annual reports and introductions at the briefings.
enyands
#99 Posted : Wednesday, June 08, 2016 7:32:50 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Plimsoul wrote:
Centum is using the bonuses for employee retention. Except the team looks different every year based on annual reports and introductions at the briefings.



Plimsoul with all the due respect I have are they the only employees in kenya who are qualified with top cream brain? I think this is just an excuse to fatten the employees ..that's how i see it
mlennyma
#100 Posted : Wednesday, June 08, 2016 7:41:46 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
enyands wrote:
Plimsoul wrote:
Centum is using the bonuses for employee retention. Except the team looks different every year based on annual reports and introductions at the briefings.



Plimsoul with all the due respect I have are they the only employees in kenya who are qualified with top cream brain? I think this is just an excuse to fatten the employees ..that's how i see it

this smells like an ethnic grouping enriching itself,i doubt this generosity can just be given to the normal employee
"Don't let the fear of losing be greater than the excitement of winning."
19 Pages«<89101112>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.