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SASINI RESULTS
Jamani
#21 Posted : Sunday, December 11, 2011 1:20:48 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
@ Sparkly, seems the proceeds from sell to SBP were used to pay off debt or as put reduce losses from SAL meaning this equalled the score,... otherwise the questions are....was land transfer approved at an AGM? was land valuation done? was this audited? shareholders saw this and kept silent? CMA???... while am aware of the tricks "the big one" pulls, am left asking why at AGMs we cant raise our voices on such matters and put such people to shame..... as your slogan says, we are so keen on conformity at AGMs, just raise your hand vote as directors want and rush for food....
Sufficiently Philanga....thropic
#22 Posted : Sunday, December 11, 2011 2:38:57 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Well if he decides to pull a Sameer like move, he will have to convince my previous lecturer, now Dr.Mcfee, who BTW is not a push over.
CMA is now more aware of corporate fraud than before and will surely not turn its face the other way!
Either way, there will still be something to smile about for the minorities!
@SufficientlyP
Jamani
#23 Posted : Monday, December 12, 2011 11:49:33 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
@Yaserbigchair, whats your view on Sasini?
yaserbigchair
#24 Posted : Monday, December 12, 2011 12:26:50 PM
Rank: Member

Joined: 7/19/2006
Posts: 118
Location: Mombasa
Sasini can announce a final of 0.5cts to make it Ksh. 1, driving the share price to 17-18. I don't think it will give a bonus but should it do a 1 for 5, It will drive the share price to a 30% down in 2 yrs!
Sasini is a good stock. With the good price from Tea and Coffee and the stong dollar. Arab wars and Euro crisis will have a small impact on the result.
Trade with cautious.
Sound that I love most: Is the ringing bell of Stock Market.
underweight
#25 Posted : Monday, December 12, 2011 1:35:19 PM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
Shame on you @ybc rem we are still in the bear Market and Mr Market behaves irrationally. Even with a final div of 50 cents or a bonus share Sasini wont rally that much.
"A bad decision made now is beta that a good one made later!!"
yaserbigchair
#26 Posted : Monday, December 12, 2011 2:01:28 PM
Rank: Member

Joined: 7/19/2006
Posts: 118
Location: Mombasa
@Under... watch the game!
Sound that I love most: Is the ringing bell of Stock Market.
underweight
#27 Posted : Monday, December 12, 2011 2:33:46 PM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
@ybc I'll be keenly be watching sasini. If the market rally from tomor then the wave will likely lift it but should the bear run hold its position then it wont excite the market at all.
"A bad decision made now is beta that a good one made later!!"
Jamani
#28 Posted : Monday, December 12, 2011 2:34:50 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
am watching as i wait for the results... i dont doubt for a minute the points you raised above.....i only have issues with the majority shareholder....... actually we should watch him.....
youcan'tstopusnow
#29 Posted : Wednesday, December 14, 2011 8:43:37 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Wah! And there was so much optimism... Ama it was greedsmile
GOD BLESS YOUR LIFE
Jamani
#30 Posted : Wednesday, December 14, 2011 9:07:32 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
@youcan'tstopusnow, it wasnt greed, just factors in the market place, though i believe you know who is behind the company and how crafty he can be..... decline in profitability due to ******,
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