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Christopher Kirubi buying additional Centum shares
TheInvestor_aliyekua_Ticha
#31 Posted : Friday, September 20, 2013 11:32:41 AM
Rank: New-farer

Joined: 1/15/2013
Posts: 10
King G wrote:
Will hype the share, call wanjiku in then sale and buy again at some dip. Chris is a guru in this.



FACT: This guy, Kirubi is playing us...see Centum FY2012 results for top 10 Shareholders link below...
http://centum.co.ke/news...-statements-fy-2012-2013
Opportunity Knocks Once; Temptation sleeps on the door bell
guru267
#32 Posted : Friday, September 20, 2013 3:14:23 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
This thing is gone...I still dont understand why he had to announce before buying...if anything getting the shares now will be hard since everyone would want to sell at a premium...anyways he already has a substantial stake...he could be propping up his stake in the process...the only losers here are those who will buy at the top.


@the deal I think it is law if the company is listed!
Mark 12:29
Deuteronomy 4:16
sparkly
#33 Posted : Friday, September 20, 2013 4:46:57 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
the deal wrote:
This thing is gone...I still dont understand why he had to announce before buying...if anything getting the shares now will be hard since everyone would want to sell at a premium...anyways he already has a substantial stake...he could be propping up his stake in the process...the only losers here are those who will buy at the top.


There will be a slaughter. Remember the Cocacola bottlers where Centum owns a stake owe KRA KShs 4.5B in VAT taxes. There is no way that the bottlers will win the case. Wait and see what happens when the liability crystallizes.
Life is short. Live passionately.
Kausha
#34 Posted : Friday, September 20, 2013 4:50:15 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
Who knows perhaps UAP is selling its shares. There is no way CK would be making this sort of announcement if there was no supply of shares in sight.

Since the law requires he discloses watch as he does the block trade.
Kalameni
#35 Posted : Friday, September 20, 2013 6:22:57 PM
Rank: New-farer

Joined: 9/20/2010
Posts: 80
Dj ck again with a move that confuses us,bet yu he has insider info nd knows what he is doing.
mwekez@ji
#36 Posted : Friday, September 20, 2013 9:15:17 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Pesa Nane
#37 Posted : Sunday, September 22, 2013 7:24:25 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Recently, there is a flood of TOO much good news about this Centum. Sample a few:

Centum to acquire a controlling interest in Genesis Kenya Investment Management Ltd of up to 73.35%

Centum also looking to venture into the lucrative power generation and distribution through their Mauritius registered subsidiary, Mvuke Power Ltd.

Centum acquired 45% of Platcorp holdings, a micro lender with presence in Kenya, Uganda and Tanzania.

Mid this year Centum Asset Managers Limited got CMA license for fund management.

Centum undertakes ground breaking of the commercial development Two Rivers project in Runda.

Kirubi builds Shs. 1 Billion war chest for Centum shares.

DJ CK is even quoted as stating "There is a lot of value in Centum. If you offered me a price of Sh100 for each of Centum’s shares, I would not sell to you,

Centum Investment of Kenya Jumps to Six-Year High

Grand Slaughter / Party coming soon
Pesa Nane plans to be shilingi when he grows up.
muganda
#38 Posted : Monday, September 23, 2013 12:42:21 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Red signal, green money...

The share price gain has seen the value of Mr Kirubi’s shares in the company rise by over Sh300 million in the two days to stand at Sh4.5 billion.
http://www.businessdailyafrica....2/-/hbnte7z/-/index.html
Metasploit
#39 Posted : Monday, September 23, 2013 3:07:05 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Pesa Nane wrote:
Recently, there is a flood of TOO much good news about this Centum. Sample a few:

Centum to acquire a controlling interest in Genesis Kenya Investment Management Ltd of up to 73.35%

Centum also looking to venture into the lucrative power generation and distribution through their Mauritius registered subsidiary, Mvuke Power Ltd.

Centum acquired 45% of Platcorp holdings, a micro lender with presence in Kenya, Uganda and Tanzania.

Mid this year Centum Asset Managers Limited got CMA license for fund management.

Centum undertakes ground breaking of the commercial development Two Rivers project in Runda.

Kirubi builds Shs. 1 Billion war chest for Centum shares.

DJ CK is even quoted as stating "There is a lot of value in Centum. If you offered me a price of Sh100 for each of Centum’s shares, I would not sell to you,

Centum Investment of Kenya Jumps to Six-Year High

Grand Slaughter / Party coming soon


Think you are right!6% down today

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
mwekez@ji
#40 Posted : Wednesday, September 25, 2013 10:20:51 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@Pesa Nane, add this to the flood of TOO much good news on Centum

Centum Associate, General Motors retains leading market share of motor vehicle sales

General Motors East Africa has retained the leading market share of brand new motor vehicle sales in Kenya. Data of motor vehicle sales for the 8 months to August 2013 show that General Motors sold 2,415 units equivalent to a 26.0% market share. The unit sales rose 8.2% y/y from a similar period in 2012. General Motors East Africa is an associate company of listed company Centum Investment through a 17.8% stake. It locally assembles commercial vehicles that it sells locally and in regional export markets including Uganda, Tanzania, Rwanda, Burundi and DRC. Listed automotive company CMC Motors recorded the 5th largest market share of motor vehicle sales at 9.0% through the sale of 791 units. CMC Motors has received a take-over offer from Dubai-based Al-Futtaim Auto & Machinery Company LLC for 100.0% of the ordinary shares in CMC Motors. Among conditions for the take-over offer are the passing of a special resolution by shareholders of CMC Motors to de-list the company from the NSE. (Source; Business Daily, Kestrel Research)
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