Wazua
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KENOL KOBIL .... 2012
Rank: Elder Joined: 9/12/2006 Posts: 1,554
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QW25091985 wrote:Bytheway the press conference is to say that Puma is actually a sports wear company and Segman was duped into entering a deal with them and kk will be delisted and everybody given their capital invested @ the beginning . LOL ! Kuwa mpole basi ilikuwacha sorry ulikataa kupanda...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Jamani wrote:QW25091985 wrote:Bytheway the press conference is to say that Puma is actually a sports wear company and Segman was duped into entering a deal with them and kk will be delisted and everybody given their capital invested @ the beginning . LOL ! Kuwa mpole basi ilikuwacha sorry ulikataa kupanda...  Wacha izo. Usijali, siku yako itafika. Press Conference ya Access Kenya na Sameer itakuja one day.But chunga zisikuwe za kuannounce 'the company has collapsed'  GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 11/30/2006 Posts: 635
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Jamani wrote:QW25091985 wrote:Bytheway the press conference is to say that Puma is actually a sports wear company and Segman was duped into entering a deal with them and kk will be delisted and everybody given their capital invested @ the beginning . LOL ! Kuwa mpole basi ilikuwacha sorry ulikataa kupanda... Naona huyu sengeman atakuwa household name kama ocampo by the time this deal is concluded
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Rank: Veteran Joined: 6/17/2009 Posts: 1,627
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So the suspension today was to protect against speculation...does it mean the 10% limit is on tomorrow?....http://www.capitalfm.co.ke/business/2012/05/top-kenolkobil-shareholder-to-offload-stocks/
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Rank: Member Joined: 2/8/2007 Posts: 808
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Anyone at the news conference or with output from the same? I hope CMA doesn't become an obstacle in this transaction!
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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Kausha wrote:Anyone at the news conference or with output from the same? I hope CMA doesn't become an obstacle in this transaction! did i hear somebody say something like a take over ? this is going to be a very big process ! enough to push the stock to nine bob . 
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Rank: Member Joined: 2/8/2007 Posts: 808
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A takeover may mean cessation of trading to allow the transaction to proceed without the price going off quilter.
However, takeover of an underpriced but well performing business would normally be very beneficial to shareholders because the buyer may not want to spend time haggling over and justifying sizeable premiums as long as the price is within market range. In this case Kenol is a well performing business and therefore Puma would want to wrap up the transaction at the earliest. I wouldn't be surprised if Puma paid between 21 - 24 / share!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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[quote=cnn]So the suspension today was to protect against speculation...does it mean the 10% limit is on tomorrow? http://allafrica.com/stories/201205080370.html
quote] The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Kausha wrote:A takeover may mean cessation of trading to allow the transaction to proceed without the price going off quilter.
However, takeover of an underpriced but well performing business would normally be very beneficial to shareholders because the buyer may not want to spend time haggling over and justifying sizeable premiums as long as the price is within market range. In this case Kenol is a well performing business and therefore Puma would want to wrap up the transaction at the earliest. I wouldn't be surprised if Puma paid between 21 - 24 / share! Sounds good... so @the deal is not far from the truth...... oops! the reality
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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QW25091985 wrote:Kausha wrote:Anyone at the news conference or with output from the same? I hope CMA doesn't become an obstacle in this transaction! did i hear somebody say something like a take over ? this is going to be a very big process ! enough to push the stock to nine bob . bado uko stage?
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KENOL KOBIL .... 2012
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