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Merali out of Sameer Board..Any effect?
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oam
#1 Posted : Sunday, July 25, 2010 11:34:25 PM
Rank: New-farer

Joined: 7/20/2010
Posts: 17
Location: kenya
Do we expect any changes after his exit from chairmanship despite commanding majority % of shares in this company
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youcan'tstopusnow
#2 Posted : Sunday, July 25, 2010 11:45:40 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
He'll be the man behind the curtain
GOD BLESS YOUR LIFE
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guru267
#3 Posted : Monday, July 26, 2010 1:47:33 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
This news certainly boosts my confidence in the counter....
Mark 12:29
Deuteronomy 4:16
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Bangkok
#4 Posted : Monday, July 26, 2010 5:34:26 AM
Rank: Member

Joined: 4/6/2007
Posts: 31
@guru267
We need to be very careful about this guy's moves. Remember what happened to Uchumi?
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2012
#5 Posted : Monday, July 26, 2010 10:10:12 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
guru267 wrote:
This news certainly boosts my confidence in the counter....


It's called running the co. through proxies. I think this is worse if you ask me.

BBI will solve it :)
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  | | Edit by user: Monday, July 26, 2010 10:11 AM | Reason: Not specified
youcan'tstopusnow
#6 Posted : Monday, July 26, 2010 10:26:41 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
2012 wrote:
It's called running the co. through proxies.

Just like JM does at Equity. But I don't think it's worse. If anything, it shows the c.e.o has interest in the company and thus cares if it does well or badly, unlike the KCB management...
GOD BLESS YOUR LIFE
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  | | Edit by user: Monday, July 26, 2010 10:27 AM | Reason: Not specified
the deal
#7 Posted : Monday, July 26, 2010 10:30:21 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
A leopard never changes its spots...Merali will always be Merali...but at least he away one post...how about Segman the KK C.E.O and Chairman?
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VituVingiSana
#8 Posted : Monday, July 26, 2010 10:32:46 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Isn't his son Sameer on the Board?
Plus his old buddy timamy?

Window-dressing. I will still not buy merali shares!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#9 Posted : Monday, July 26, 2010 10:39:04 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Ati his son is called Sameer? I wonder if he has children with names of his other companies.
GOD BLESS YOUR LIFE
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VituVingiSana
#10 Posted : Monday, July 26, 2010 10:43:04 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
youcan'tstopusnow wrote:
Ati his son is called Sameer? I wonder if he has children with names of his other companies.

Yana - Wife ama daughter?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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