Nipate
Forum => Kenya Discussion => Topic started by: bryan275 on September 30, 2014, 04:13:25 PM
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This is what he says regarding the Ponzi scheme called NSE over at TooP (http://nipate.com/imansfield-is-kenya-orchards-pulling-a-limuru-tea-t47435.html)..
For the 6 months ended June 2014
They had net current assets of only 13 m or so
and of those, cash was a "huge" kshs 62k. Yes you read right. Sixty two thousand shillings pesa taslimu only. :eek:
I think these Kalasingas have cornered this stock
hence the soaring price due to no sales by those who own it as you point out
creating the illusion that there is high demand for this stock kumbe they are just setting a new demand price kila siku and not selling
this company is about to collapse before year end in my opinion
KSN[/quote]
This is a guy who has repeatedly and vehemently denied and even attacked anyone that has shared similar sentiments about the same NSE that he constantly drums up. Amazingly, he sees mischief only when it's Kalasingas and other non "hardworkers".
These share price fixing tricks have been at play for years...
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He is a serial opportunistic kigeu geu. Can thoroughly mislead you.
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CMA is either unable or unwilling to regulate the market therefore you can only invest in such casinos if you're into gamling. Some time they let you win; but the house always wins; Brokers, Insiders (top management privy to financial statements),Company directors, owners and all sort of crooks within large fund investment[nssf,insurance co',pension fund managers] engage in all sort of tricks including the obvious pump and dump all designed to leave mama mboga stupid enough to invest in NSE without a shirt.
If you really want to make money...go buy some land somewhere..it will never lose value...it will beat inflation.