wazua Thu, Mar 26, 2026
Welcome Guest Search | Active Topics | Log In

8 Pages«<45678>
KenolKobil shareholders face significant dilution
Cde Monomotapa
#51 Posted : Wednesday, April 06, 2011 10:57:25 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@Cde.Mhisa. I am a holder of KK @ 9.5-bought on day preceeding the results. However, I did not get enough & indeed the ESOP came to me as a surprise too~prima-facie but on further scrutiny I was pleased at it. Thus, judging from the hostility about the ESOP all around I expected a sell-off, indeed cum-div & preferbably upto 8.5. Please note I'm not willing to pay above 9.5 CD for KK as my immediate need was/is the 5% div.yield. I have had experience with dilutions being invested in Scangroup after WPP & recently Ogilvy and I have learnt & experienced the power of the value exchange & above dilution rate growth in EPS. Therefore, KK's ESOP to ME is, same story different cast, principally due to the ESOP shares being exchanged for value. I expect we understand each other now Cde.Mhisa.
selah
#52 Posted : Thursday, April 07, 2011 9:15:44 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
This dilution risk is real its just a matter of time b4 we see a sell off. Creating 500,000,000 new shares is a joke as shareholders we should lobby for a veto on this proposal.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
2012
#53 Posted : Monday, April 11, 2011 5:25:28 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
KK has revised the ESOP downwards by more than half ie 140million from 300million citing duplication as the cause of the error that doubled (140x2)+20m the ESOP to be issued.
Anyway, that's the latest on this issue.

BBI will solve it
:)
2012
#54 Posted : Monday, April 11, 2011 5:58:22 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Hope it will start northwards tomorrow

BBI will solve it
:)
Gordon Gekko
#55 Posted : Monday, April 11, 2011 6:12:40 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
They have also emailed an invitation to the AGM. Item 5 - No refreshments, lunch or other items will be provided at the annual general meeting.

Oh, what will my friend Chami shareholder No 1 do?
QW25071985
#56 Posted : Monday, April 11, 2011 7:54:26 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
2012 wrote:
Hope it will start northwards tomorrow

stop dreaming ...Shame on you
Cde Monomotapa
#57 Posted : Monday, April 11, 2011 8:14:18 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Gordon Gekko wrote:
They have also emailed an invitation to the AGM. Item 5 - No refreshments, lunch or other items will be provided at the annual general meeting.

Oh, what will my friend Chami shareholder No 1 do?

R U for real? No dish? Walala..LOL!
VituVingiSana
#58 Posted : Tuesday, April 12, 2011 1:46:02 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
Cde Monomotapa wrote:
Gordon Gekko wrote:
They have also emailed an invitation to the AGM. Item 5 - No refreshments, lunch or other items will be provided at the annual general meeting.

Oh, what will my friend Chami shareholder No 1 do?

R U for real? No dish? Walala..LOL!
LOL...
BTW, KK will have the AGM on youtube! Awesome!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#59 Posted : Tuesday, April 12, 2011 8:33:40 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
And this is how JS welcomes me to KK? Hahaha..si hata angejaribu mgeni siku ya kwanza. LMAO!!
VituVingiSana
#60 Posted : Tuesday, April 12, 2011 12:20:20 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
I support the no food AGM... Hopefully, chami & chorts will skip it!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
8 Pages«<45678>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.