obiero wrote:VituVingiSana wrote:obiero wrote:Stiffler wrote:Out of ignorance, didnt anyone specifically raise a point of order and inquire about the Open Offer?! Me thinks for an agm to be an AGM people should be facilitated to ask questions. Otherwise it becomes a Public Briefing...
Most of the retail investors at KQ are old people with limited knowledge and the KQ board therefore runs roughshod over the segment. A court case is likely to come up and a depressed share price in the interim period is imminent since no sane investor pre-restructure shall trade at such levels of loss. That being said, I never made it to todays AGM but would not have asked about the Open Offer even if I did attend. Want to see just how dark, the KQ management can get..
Hold on. This is your Alpha and Omega [investing-wise]. I have never seen anyone put in so much time and effort dissing anyone who dared question KQ's viability. And all those posts about the "Open Offer"...
And you didn't go to the AGM?
We have been taken on a wild goose chase by the white men, but we shall overcome. Headed to the courts soon unless Jesus softens their hearts
Sigh, don't blame the "White Men" for what befell KQ shareholders.
I was a fan of KQ until my eyes were opened up to the brazen mismanagement and theft at KQ headed by Mwaniki (Chairperson), Naikuni (CEO) and Mbugua (CFO). And many others.
Then came in Ngunze as the "savior" who bought ZERO shares in KQ but walked away with 400mn+ in his 5 years at KQ.
As is, KQ was BANKRUPT by 2016. When Joseph came in, he was given a BANKRUPT firm to resuscitate.
I feel the pain as a (former) shareholder, taxpayer, citizen and shareholder of various banks/KQLC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett