Uganda -Tanzania Oil Pipeline is still in the dark

Uganda -Tanzania Oil Pipeline is still in the dark

eliakeem said:
And the thing you fail to decipher, is that, CA cannot tell TOTAL anything without passing through Amundi. TOTAL can never reach any commercial closure with CA as there is no direct relationship with it.

Le me pose last questions to you guys,

1. Is CA a shareholder of TOTAL?
2. Can CA sit in TOTAL AGM and VOTE?
Click to expand...
the answer is no
 
Bank hapo zinatimiza jina lake, zinakuweka kwenye bank ili ukubaliane na masharti yao, ukipenda usipende. Kazi iendelee.
 
Bank hapo zinatimiza jina lake, zinakuweka kwenye "bank" ili ukubaliane na masharti yao, ukipenda usipende utayakubali tu. Kazi iendelee.
 
FaizaFoxy said:
Bank hapo zinatimiza jina lake, zinakuweka kwenye "bank" ili ukubaliane na masharti yao, ukipenda usipende utayakubali tu. Kazi iendelee.
Click to expand...

Madam.
Nice to hear from you.
😀😀😀
Karibu sana.
🤝🤝🤝
 
eliakeem said:
Where have you been brother!!? If you would be here, could help me teach these guys with thick and heavy brains.
MAGUMU kuelewa balaa.
Click to expand...
in Tz, I have shareholding knowlege and I participated alot in listing
 
french said:
in Tz, I have shareholding knowlege and I participated alot in listing
Click to expand...
I was discussing with guys who have a very plain knowledge in corporate world.
The issue was whether CA is a shareholder in TOTAL.
Wenyewe wamekomaa tu ni shareholder.
Additional questions were if CA can attend and vote in TOTAL AGM.
Also holds a share certificate of TOTAL.

CC: Tony254 Teargass
Nicxie

Njooni mje mpate elimu. The visiting professor is around for you guys, for free.
 
let me share my knowledge here,

shareholders of TOTAL can be A,B,C,

A,B,C can be companies or individual people. If A is a company, A might have shareholders as well, so shareholders of company A will not make decision for TOTAL, but can make decion for company A. Therefore only company A can make decision for TOTAL. and not shareholders of company A.

also, if CA is second largest shareholder of amondi other shareholders can go againts CA during voting, for example CA hold 30% of amondi, the other 70% holders can simply go against CA during voting and win the decision
 
french said:
let me share my knowledge here,

shareholders of TOTAL can be A,B,C,

A,B,C can be companies or individual people. If A is a company, A might have shareholders as well, so shareholders of company A will not make decision for TOTAL, but can make decion for company A. Therefore only company A can make decision for TOTAL. and not shareholders of company A.

also, if CA is second largest shareholder of amondi other shareholders can go againts CA during voting, for example CA hold 30% of amondi, the other 70% holders can simply go against CA during voting and win the decision
Click to expand...

Thank you for putting it in a very plain language. If they will not understand this, hawataelewa tena.

CC: Tony254 Teargass Nicxie
 
french said:
let me share my knowledge here,

shareholders of TOTAL can be A,B,C,

A,B,C can be companies or individual people. If A is a company, A might have shareholders as well, so shareholders of company A will not make decision for TOTAL, but can make decion for company A. Therefore only company A can make decision for TOTAL. and not shareholders of company A.

also, if CA is second largest shareholder of amondi other shareholders can go againts CA during voting, for example CA hold 30% of amondi, the other 70% holders can simply go against CA during voting and win the decision
Click to expand...
Unajaribu ila bado sana. Sasa Kama ushakubali kwamba CA is the largest shareholder in Amundi, do you think that the other shareholders can overturn the decisions made by CA when it comes to voting? In a democratic process, a vote is won by the majority.

Let's assume that CA holds just 51% of Amundi (which is already majority ownership), do you think the other shareholders (49%) can can overturn the decision of 51% (the majority)? The answer is no. In other words, CA controls most of, if not all the decisions made by Amundi. In this regard, Amundi is only entering a negotiation table with TOTAL because of approval of the majority. If Amundi wants to pull out of the deal with TOTAL for whatever reasons, all the shareholders must vote in support of that decision and the voice of the majority will carry the day. And who are the majority? CA of course!
 
Nicxie said:
Unajaribu ila bado sana. Sasa Kama ushakubali kwamba CA is the largest shareholder in Amundi, do you think that the other shareholders can overturn the decisions made by CA when it comes to voting? In a democratic process, a vote is won by the majority.

Let's assume that CA holds just 51% of Amundi (which is already majority ownership), do you think the other shareholders (49%) can can overturn the decision of 51% (the majority)? The answer is no. In other words, CA controls most of, if not all the decisions made by Amundi. In this regard, Amundi is only entering a negotiation table with TOTAL because of approval of the majority. If Amundi wants to pull out of the deal with TOTAL for whatever reasons, all the shareholders must vote in support of that decision and the voice of the majority will carry the day. And who are the majority? CA of course!
Click to expand...
eliakeem said:
Thank you for putting it in a very plain language. If they will not understand this, hawataelewa tena.

CC: Tony254 Teargass Nicxie
Click to expand...
 
Nicxie said:
Unajaribu ila bado sana. Sasa Kama ushakubali kwamba CA is the largest shareholder in Amundi, do you think that the other shareholders can overturn the decisions made by CA when it comes to voting? In a democratic process, a vote is won by the majority.

Let's assume that CA holds just 51% of Amundi (which is already majority ownership), do you think the other shareholders (49%) can can overturn the decision of 51% (the majority)? The answer is no. In other words, CA controls most of, if not all the decisions made by Amundi. In this regard, Amundi is only entering a negotiation table with TOTAL because of approval of the majority. If Amundi wants to pull out of the deal with TOTAL for whatever reasons, all the shareholders must vote in support of that decision and the voice of the majority will carry the day. And who are the majority? CA of course!
Click to expand...
is CA second largest shareholder or the largest of Amondi?
 
Nicxie said:
Unajaribu ila bado sana. Sasa Kama ushakubali kwamba CA is the largest shareholder in Amundi, do you think that the other shareholders can overturn the decisions made by CA when it comes to voting? In a democratic process, a vote is won by the majority.

Let's assume that CA holds just 51% of Amundi (which is already majority ownership), do you think the other shareholders (49%) can can overturn the decision of 51% (the majority)? The answer is no. In other words, CA controls most of, if not all the decisions made by Amundi. In this regard, Amundi is only entering a negotiation table with TOTAL because of approval of the majority. If Amundi wants to pull out of the deal with TOTAL for whatever reasons, all the shareholders must vote in support of that decision and the voice of the majority will carry the day. And who are the majority? CA of course!
Click to expand...
Unajitahidi kurudia rudia mambo, lkn bado huleti maana tofauti.
Your problem is, you are not setting a clear limit or interface between one entity and another.

If CA would be a majority shareholder of BlackRock, a majority shareholder in TOTAL, the story could be different. Now CA is a majority shareholder of Amundi a second largest shareholder in TOTAL. The influence of CA in TOTAL is still limited. Again CA cannot table its agenda directly to TOTAL AGM. It has to do that through Amundi. Since Amundi has less voting muscles compared to BlackRock in TOTAL, their wish will in most cases depend on how BlackRock see the things. It is not easy as you think CA vide Amundi to dictate the terms.
 
eliakeem said:
Unajitahidi kurudia rudia mambo, lkn bado huleti maana tofauti.
Your problem is, you are not setting a clear limit or interface between one entity and another.

If CA would be a majority shareholder of BlackRock, a majority shareholder in TOTAL, the story could be different. Now CA is a majority shareholder of Amundi a second largest shareholder in TOTAL. The influence of CA in TOTAL is still limited. Again CA cannot table its agenda directly to TOTAL AGM. It has to do that through Amundi. Since Amundi has less voting muscles compared to BlackRock in TOTAL, their wish will in most cases depend on how BlackRock see the things. It is not easy as you think CA vide Amundi to dictate the terms.
Click to expand...
The problem with you is that you acknowledge that BlackRock has more voting power and influence in TOTAL than Amundi but fail to acknowledge the same about the relationship between CA and Amundi. Just as BlackRock calls the shots in TOTAL by virtue of its majority ownership, so does CA in Amundi. All the decisions made by Amundi must be dictated by CA.

The influence of CA in TOTAL can only be limited to shareholding but the monetary aspect of it and its decision on the same cannot be wished away. Remember that CA is one of the three banks that are financing this project and is already owning the second biggest shares in TOTAL though its sister company Amundi. CA, and two other banks, have already stated that they will not provide financing to TOTAL for this project. Being that it dictates terms at TOTAL's second largest shareholders, what do you think will be the ramifications of their withdrawal?

The gaping hole that will be left by these three banks as far as financing goes will be a huge one and it will force TOTAL to either look for financing elsewhere which will not be easy all the same, or pull out of the project. BlackRock does not have the financial muscles to carry out this project alone and still maintain a healthy balance sheet
 
Tukiweka pembeni tambo za humu JF, binafsi siombi huu mradi uanguke, maana limradi kama hili ukanda huu hata kama utatendeka Tanzania ni manufaa kwa jumuiya, maana cascading effect za kiuchumi zitatufikia sote. Bora utendeke tu....
 
MK254 said:
Tukiweka pembeni tambo za humu JF, binafsi siombi huu mradi uanguke, maana limradi kama hili ukanda huu hata kama utatendeka Tanzania ni manufaa kwa jumuiya, maana cascading effect za kiuchumi zitatufikia sote. Bora utendeke tu....
Click to expand...
huu mradi utafanyika mkuu. kama total wamediscovrr more than 6bil barrels of oil watapeleka wapi mafuta yote haya ? watayauza wapi kama si kuyauza kwenye international mkt.
 
You must log in or register to reply here.

Our Community

Regional Communities

Back
Top Bottom
Menu
Forums
New posts
Log in
Register