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KenolKobil shareholders face significant dilution
For Sport
#31 Posted : Sunday, April 03, 2011 9:09:35 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
2012 wrote:
Let's not rush into conclusions, let's give the management and directors time to explain and if we don't like it we can easily mobilise from here and vitAngel the move in the upcoming AGM. Ama?


If the AGM is on 30th, when do they get to explain? I think we should debate this further and decide whether its a good or bad thing. Once we either attend and vote in person Or send our proxy forms to a wazuan who's sure they're attending the AGM. I wonder what the weight of like minded wazuans shares would amount to.
Cde Monomotapa
#32 Posted : Sunday, April 03, 2011 10:20:12 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
NIKUNOMA!!
QW25071985
#33 Posted : Sunday, April 03, 2011 10:51:52 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Muthawamunene wrote:
but still getting it, though with caution.


are you sayin even before the dilution takes place you are already buyin ????????????Gai fa fa ...are u crazy.............
Muthawamunene
#34 Posted : Monday, April 04, 2011 5:35:46 AM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
QW25071985 wrote:
Muthawamunene wrote:
but still getting it, though with caution.


are you sayin even before the dilution takes place you are already buyin ????????????Gai fa fa ...are u crazy.............



apana, hence i said with caution. I've never had kk in my books but i plan to aquire some over the course of the year mdogo mdogo if this esop thing goes well and eps goes up.
erifloss
#35 Posted : Monday, April 04, 2011 9:12:51 AM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
I'm seeing the possibilty of the prices moving south. Segman ni mjanja, he first excited the market with good results and a good div payout(i think with the expectations of a rally)knowing that he had another material info in hand and gave it out a week later. Actually IMHO it should have been vice versa for me.
I don't trust the man. He's going to be more powerful after this coz of the controlling stake "they'll" have through ESOP.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
MaichBlack
#36 Posted : Monday, April 04, 2011 9:17:00 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,851
KenolKobil is very good in posting such news on their website. How comes there is nothing on this issue?

On a different note, click on the link below and see how good/accurate our [business] reporters are:

KK vs BD
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Cde Monomotapa
#37 Posted : Monday, April 04, 2011 10:57:29 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Darn stock ain't falling!!
For Sport
#38 Posted : Monday, April 04, 2011 10:59:30 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Cde Monomotapa wrote:
Darn stock ain't falling!!

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly ...vultures. this one's far from out.
mwanahisa
#39 Posted : Monday, April 04, 2011 11:03:10 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I suspect that the reason there is no reaction in the share price with these potentially adverse news for current shareholders, is that this story has not yet been reported on in the mainstream press. Or has someone seen it anywhere yet? Trust BD not to report when and what you expect.

On the other hand, the price was actually fairly low so perhaps even after fully diluting the earnings with the new shares, some may feel that the price is still OK.

MaichBlack wrote:
KenolKobil is very good in posting such news on their website. How comes there is nothing on this issue?

On a different note, click on the link below and see how good/accurate our [business] reporters are:

KK vs BD

the deal
#40 Posted : Monday, April 04, 2011 11:03:28 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Now at 10 bob i still don't trust JIS...he wants to dilute us.
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