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Read the writing on the wall: NSE iko na wenyewe
jammo
#21 Posted : Friday, November 21, 2008 8:23:00 AM
Rank: Member

Joined: 2/12/2008
Posts: 345
Ok,ok,ok! Back to stocks please? Cables will close at starting prices as focus is bak on it. Kengen..i suggest sell..impact of bookclosure might take it back to 13. Centum is down..range 12bob..we are coming. CFCstanbic..todays drop is a lull...trend likely to resume next week. Total kenya..hope ya'l got some by now. I need to kno how they are payin for takeover n whether div policy's affected. All this...regardless who runs the NSE.

' I have heard of You,o Lord. Now mine eyes have seen thee!! Baal-Perazim.. The Lord of the Breakthrough!!'
extrablessed
#22 Posted : Friday, November 21, 2008 8:30:00 AM
Rank: Member

Joined: 7/28/2007
Posts: 290
Location: Nairobi
@stockrat: Little knowledge is truely dangerous. Just read your papers well. This process took long. The resignation was done a several weeks back of but the board held it until a renown HR firm did the headhunting. Meanwhile,Mwangi had to resign from centum and get ready for the new job. As in public security,financial security transitions are very sensitive...stocks can become very volatile (and thus highly risky)

Life is worth living cos God planned it to be so.
wote
#23 Posted : Friday, November 21, 2008 9:12:00 AM
Rank: Member

Joined: 10/18/2007
Posts: 217
Mwana@ I totally agree with your views in a wide picture and this is what i have always advocated for our country. Peter mwangi as a person and Kenyan,he is the most qualified since the selection process seems to be have been done in a fair manner. NSE involves public money,therefore its does fall under a private ccompany aspect.

wote
stockrat
#24 Posted : Friday, November 21, 2008 9:15:00 AM
Rank: Member

Joined: 11/21/2008
Posts: 2
Ok thanks for the enlightenment. Personally i just have sour grapes cause i see nothing new and my portfolio went down 20% over the period. I have my eye on HFCK and thinking of getting some at 16.30
Mantis
#25 Posted : Friday, November 21, 2008 10:17:00 AM
Rank: Member

Joined: 7/4/2008
Posts: 96
And the forithy (policy) of kuoya kuoya (tendency to take and own everything) continues. Got rejuvenated in 2002. Lets cast our hopes to 2013. 'I have a dream... ...'

One plus one does not always equal to two.
Njunge
#26 Posted : Friday, November 21, 2008 10:44:00 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
I call it futility.............How some educated people spend their lifes complaining about Mt Kenya this,Mt Kenya that.........without making the simplest of efforts to emulate.Ogutu is right and as Thingira would not want to say.......If you can't beat them,don't organise for them to be beaten.........Join them

Guka wa bijuti...
Nothing great was ever achieved without enthusiasm.
murenj
#27 Posted : Friday, November 21, 2008 10:48:00 AM
Rank: Member

Joined: 7/22/2008
Posts: 851
Location: nairobi
I have lived long enough to know that maize cob roasting can not buy one a pickup. Unless if you are exporting them.... Maybe. But njoroge would like to convince you otherwise. Hee hee ! Not so funny.

The cunning of the Buffalo
Obi 1 Kanobi
#28 Posted : Friday, November 21, 2008 11:42:00 AM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
To suggest that NSE is a private company yet they hold public money and transact in securities is very silly. NSE is as public as Uhuru park.

I think Mwangi is very qualified for the job but the problem is the manner of appointment,it was a sneaky backdoor appointment,I am disappointed that he could not back himself to win the job openly and as I had already stated in a previous post,Mwangi new just when to resign from Centum.

@ mwana,you have a valid point but I think its too little too late,what is needed is a new constitution not sharing of jobs based on tribal lines.



I guess if you can't win with facts,you can always pen bile-laced,xenophobic rants to distract everyone.
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
knjinu
#29 Posted : Friday, November 21, 2008 12:07:00 PM
Rank: Member

Joined: 7/31/2007
Posts: 7
@mwana

what an unfortunate comment. was Mwebesa a kyuk? also ve u not been following the news n some who turned down the offer like former CDSC CEO Peter Waiyaki n the current CEO couldnt get it due to potential of instability?

Mwangi is cut out for the jobbo n lets see wat he does there n as jammo says turudi kwenye stocks...

we ve already 4gotten,'domo domo...we acha domo...kazi iendelee'

With all its sham,drudgery and broken dreams it is still a beautiful world.
Wendz
#30 Posted : Friday, November 21, 2008 12:10:00 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
@murenj

I want to challenge you. Would a teacher's salary build a masionette worth 5m? I bet you will say no. Someone is doing it in Kisumu. and it is a she. You know why? Because on her free time,she is a taxi driver despite the fact that she is a graduate and has a formal job. Now,tell many of the kenyans especially those not centralites do that.......

Some deals are like glass. Sometimes it's better to leave them broken than try to hurt yourself putting it back together.
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