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CMC MOTORS Boardroom Wars
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Insurgent wrote:FUNKY wrote:Guys i just got inside information that the chairman for Andy Forwarders who is also in the board of CMC is the one buying shares of CMC and causing the price hike.
What can we say about this? I am sure there must be something good in this company thats why he is accumulating the shares,what can it be that we do not know? Funky, thanks for raising the red flag. I investigated and discovered the truth, then ran like Eldoret Express going for a gold medal. I don't have any CMC share now. Was it Mukiha or MainaT who claimed he has been holding this share of an icon for the last twelve years?  It was mukiha mukiha, at what price was CMC trading in the early 90,s? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Kwanini wrote:The plot thickens... William Lay has no valid entry permit to Kenya. Apparently his request for work permit was rejected on 26/5/2011 by min of immigration.... Live in parliament....Uhuru says he has a work permit issued 4 days ago. Bonny says this is drawn from political patronage.??? CMC ni ngege moto kweli So the jamaa was in Kenya illegally all that time? Hmmm. GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 11/30/2006 Posts: 635
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So the powers that be now wish to deport this Mr. Lay Kwanini wrote:The plot thickens... William Lay has no valid entry permit to Kenya. Apparently his request for work permit was rejected on 26/5/2011 by min of immigration.... Live in parliament....Uhuru says he has a work permit issued 4 days ago. Bonny says this is drawn from political patronage.??? CMC ni ngege moto kweli
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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So BOTH the former CEO (Bill Forster) & current CEO (Bill Lay) agree that peter muthoka was conning CMC...! http://www.nation.co.ke/.../-/jtvw4oz/-/index.html
The employment issue is a Red Herring - I am sure khalwale got a little something something to muddy the waters. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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youcan'tstopusnow wrote:Insurgent wrote:FUNKY wrote:Guys i just got inside information that the chairman for Andy Forwarders who is also in the board of CMC is the one buying shares of CMC and causing the price hike.
What can we say about this? I am sure there must be something good in this company thats why he is accumulating the shares,what can it be that we do not know? Funky, thanks for raising the red flag. I investigated and discovered the truth, then ran like Eldoret Express going for a gold medal. I don't have any CMC share now. Was it Mukiha or MainaT who claimed he has been holding this share of an icon for the last twelve years? It was mukiha mukiha, at what price was CMC trading in the early 90,s? Forty-something; but then there has been a good number of bonuses and splits that the current equivalent is far less than one bob! Actually, 2 years after buying my first lot, there was a one-for-one bonus. I sold the whole lot ex-bonus at 60-something... then got my bonus later. So, this initial holding came to me "free of cost"! Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mukiha wrote:youcan'tstopusnow wrote:Insurgent wrote:FUNKY wrote:Guys i just got inside information that the chairman for Andy Forwarders who is also in the board of CMC is the one buying shares of CMC and causing the price hike.
What can we say about this? I am sure there must be something good in this company thats why he is accumulating the shares,what can it be that we do not know? Funky, thanks for raising the red flag. I investigated and discovered the truth, then ran like Eldoret Express going for a gold medal. I don't have any CMC share now. Was it Mukiha or MainaT who claimed he has been holding this share of an icon for the last twelve years? It was mukiha mukiha, at what price was CMC trading in the early 90,s? Forty-something; but then there has been a good number of bonuses and splits that the current equivalent is far less than one bob!Actually, 2 years after buying my first lot, there was a one-for-one bonus. I sold the whole lot ex-bonus at 60-something... then got my bonus later. So, this initial holding came to me "free of cost"! Wow! GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:mukiha wrote:youcan'tstopusnow wrote:Insurgent wrote:FUNKY wrote:Guys i just got inside information that the chairman for Andy Forwarders who is also in the board of CMC is the one buying shares of CMC and causing the price hike.
What can we say about this? I am sure there must be something good in this company thats why he is accumulating the shares,what can it be that we do not know? Funky, thanks for raising the red flag. I investigated and discovered the truth, then ran like Eldoret Express going for a gold medal. I don't have any CMC share now. Was it Mukiha or MainaT who claimed he has been holding this share of an icon for the last twelve years? It was mukiha mukiha, at what price was CMC trading in the early 90,s? Forty-something; but then there has been a good number of bonuses and splits that the current equivalent is far less than one bob!Actually, 2 years after buying my first lot, there was a one-for-one bonus. I sold the whole lot ex-bonus at 60-something... then got my bonus later. So, this initial holding came to me "free of cost"! Wow! In the book Rich dad poor dad. This lesson is called "indian Giver", What you get for free. I'm planing to fill my 100% KPLC portfolio size, with 12.5% of it given to me for free(1 to 8 bonus). Sweet. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Far less than one bob! I guess stocks can trump real estate. pun intended. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Aguytrying wrote:Far less than one bob!
I guess stocks can trump real estate. pun intended. Everything has its moment. The last 5 years have been for real estate. What about the next 5? GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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