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Co-operative Bank Kenya 2.6bn insider trading scandal
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Co-op at 13.60. This is very nice. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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Ericsson wrote:Co-op at 13.60. This is very nice. 13.15 The wolves dumping their shares at tidy profits even if it gets to single digits they still make a killing KEGN, KPLC, KQ, SCOM
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@mkate_nusu; They are running away from an upcoming audit and the noise already generated of how people were shafted. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Ericsson wrote:@mkate_nusu; They are running away from an upcoming audit and the noise already generated of how people were shafted. All these are facts but what to do.. Its not a crime to make a profit.. I would have personally done something similar if not exactly the same KQ ABP 4.26
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@Obiero Cleanup ifanywe so that we have a clean new list of ethical investors Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Ericsson wrote:@Obiero Cleanup ifanywe so that we have a clean new list of ethical investors These are mere blogger vibes. Why would an investor be upset that another bought at a lower price. It is a free market. Facebook Mark Zuckerberg did exactly what Gideon did KQ ABP 4.26
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Ericsson wrote:@mkate_nusu; They are running away from an upcoming audit and the noise already generated of how people were shafted. Mimi na wewe made noise here and one particular wazuan had balls or eggs to ask what personal beef we have with this company. ...we wait and see. I have shares here but I know that by it going down there will be a day it will go up but GM should handover mantle to a younger blood
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Rank: Member Joined: 3/26/2012 Posts: 280
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Obiero. Then you need to re-read my writeup. I clearly said the coop members are the ones who were shafted. These guys bought the share with the insider knowledge that they will go to the NSE and shares will be split. If the rank and file of the movement knew, we should be having other coop members topping that shareholder list not only the directors. DOH
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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A similar hammering is being done to sister company CIC where a similar shafting happened. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Ericsson wrote:A similar hammering is being done to sister company CIC where a similar shafting happened. Hammering and shafting The investor's chief problem - and even his worst enemy - is likely to be himself
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Co-operative Bank Kenya 2.6bn insider trading scandal
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