Rank: Elder Joined: 12/4/2009 Posts: 10,816 Location: NAIROBI
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Ebenyo wrote:Monk wrote:FUNKY wrote:Ebenyo wrote:Angelica _ann wrote:FUNKY wrote:xxxxx wrote:FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually??? No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head. They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO. You cannot trust this government at all I reckon the uncertainty and fear created by GOK move on CEO position might present a buying opportunity in the short term (MJ, foreign investors exiting). In the long term, I doubt GOK will want to kill this goose, so those who are in for the long haul need not worry...my thoughts on this counter. After book closure on 30th August,there will be massive exit.Presents a good opportunity for long term buyers. 2019 year low is 21.50 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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