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Co-operative Bank Kenya 2.6bn insider trading scandal
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Adnan
#51 Posted : Wednesday, December 11, 2013 10:06:04 AM
Rank: Member

Joined: 10/20/2013
Posts: 155
A good thread being derailed by trolls.
MY NAME IS ADNAN JANUZAJ
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King G
#52 Posted : Wednesday, December 11, 2013 10:12:20 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Adnan wrote:
A good thread being derailed by trolls.


Mboys have been sent ..... to defend us. Ok
Thieves
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amigo 321
#53 Posted : Wednesday, December 11, 2013 12:00:38 PM
Rank: Hello

Joined: 12/11/2013
Posts: 3
Topic too familiar the issue was raised by a former MP and the Okemo committee of parliament and was cleared. Well done coop keep up !
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waza
#54 Posted : Wednesday, December 11, 2013 12:12:18 PM
Rank: New-farer

Joined: 7/18/2011
Posts: 75

You missed it. Well covered by business daily; headline story on 25th November 2009.
Every day I get up and look through the Forbes list of the richest people in the World. If I'm not there, I go to work.
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hnjugz
#55 Posted : Wednesday, December 11, 2013 12:32:37 PM
Rank: Hello

Joined: 12/11/2013
Posts: 1
Then every ESOP is insider trading. The IPO was approved by CMA with a detailed Information Memorandum
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guru267
#56 Posted : Wednesday, December 11, 2013 1:58:18 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hnjugz wrote:
Then every ESOP is insider trading. The IPO was approved by CMA with a detailed Information Memorandum


How many ESOP programmes do you know that stink this much??

The directors knew they would set the IPO price at 9.50, then they decided to create shares and buy them at 1 bob just a year earlier...
If that is not insider trading then tell me what is??
Mark 12:29
Deuteronomy 4:16
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dunkang
#57 Posted : Wednesday, December 11, 2013 2:09:19 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
guru267 wrote:
hnjugz wrote:
Then every ESOP is insider trading. The IPO was approved by CMA with a detailed Information Memorandum


How many ESOP programmes do you know that stink this much??

The directors knew they would set the IPO price at 9.50, then they decided to create shares and buy them at 1 bob just a year earlier...
If that is not insider trading then tell me what is??

If you can prove that, then there will be a case, otherwise, kelele tuuuuuuuuuu!

And how comes there are so many HELLOs in this thread?
Receive with simplicity everything that happens to you.” ― Rashi

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maka
#58 Posted : Wednesday, December 11, 2013 2:36:25 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
hnjugz wrote:
Then every ESOP is insider trading. The IPO was approved by CMA with a detailed Information Memorandum


CMA...surely.
possunt quia posse videntur
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amigo 321
#59 Posted : Wednesday, December 11, 2013 2:57:27 PM
Rank: Hello

Joined: 12/11/2013
Posts: 3
Mate familiarise yourself with the Co-op Bank turn around story - this tastes of court battles between the former MD who is also a former MP....
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Kausha
#60 Posted : Wednesday, December 11, 2013 3:16:30 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
Listed company ESOPS are registered with CMA, can't see this one.
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