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Tuesday, November 01, 2011

Insider Dealing on Nairobi Securities Exchange

Thanks to the wrangles on the Board of CMC... some directors will start running scared at some of the listed firms on the NSE...

http://www.businessdailyafrica.com/Claims+of+insider+trading+emerge+at+CMC+case+hearing+/-/539552/1265234/-/fl98j3z/-/index.html

These firms are typically controlled by a few shareholders but often have a majority shareholder often through proxies. An interesting tidbit is that these firms are often poor performers but have lots of deals with Related Parties.

Hah... so let me leave it open to my readers to tell me which ones they think fit the mold?

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