These people asked for an extension from May 31 to June 30 and failed to deliver. They then asked for an extension to July 31 but it is now half-month gone. What are they cooking that is taking this long to cook?

How comes that much larger companies in the USA publish their quarterly reports exactly at the end of the quarter but here in Kenya even banks take more than a month to report. For instance, quarter 2 results for most firms in S&P 500 came out on June 30 or +- a week but here companies like EA cables are yet to publish FY 2018 results. On the other hand not even a single bank in KE has released Q2/HY 2019 results.

Is there a reason why results in Kenya take a bit longer to release than say in the USA? or i am i asking for too much? That ours is a mediocrity system of laziness and procrastination and even outright accounting malpractice of cooking books?

One of the lessons I've learnt on this NSE is to sell all shares of investees as soon as they start fidgeting or shifting goalposts when it comes to financial reporting. No exceptions on this rule of mine however SOUND the investee company may be. The same strategy may save you from heartache and losses.

It's scanty. The devil is in the details. But I dare say if they pulled it off without diluting current shareholders I'll be impressed

One would expect a business daily journalist to take a 10 minute walk from Kimathi street to Kijabe street to probe and get more details about this deal other than copy pasting what South African journalist have posted on the internet.