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KENOL KOBIL .... 2012
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youcan'tstopusnow
#371 Posted : Wednesday, May 09, 2012 10:47:07 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mlennyma wrote:
What happens when a shareholder refuses to sell and the thing is de-listed?

You will be a shareholder in a private company. Kama tu CIC. You will receive annual reports, dividends, AGM notices.

You might find it a tad harder to dispose your shares though...
GOD BLESS YOUR LIFE
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  | | Edit by user: Wednesday, May 09, 2012 10:51 AM | Reason: Not specified
mlennyma
#372 Posted : Wednesday, May 09, 2012 10:47:21 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Meanwhile somebody can advise me on the best drug to contain pressure and stress.
"Don't let the fear of losing be greater than the excitement of winning."
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youcan'tstopusnow
#373 Posted : Wednesday, May 09, 2012 10:50:40 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
YAAAWN!!! Seems we are back to discussing Equity and KCB...

GOD BLESS YOUR LIFE
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Aguytrying
#374 Posted : Wednesday, May 09, 2012 10:51:27 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
youcan'tstopusnow wrote:
Aguytrying wrote:


Its true. Puma energy has an IPO this year, though do not know in which exchange.


Just think out loud here:

Many deals involve cash plus stock. We could see Puma pay, let's say 20 bob, and offer shareholders stock of Puma in return.


Yeah. This could be a reverse takeover. U may be on to something, because from what segman has been saying it seems that kenol kobil won't cease to exist par se. The top shareholders may have been awarded shares and even maybe some board positions in the agreement. Because as a major shareholder it may be hard to equate the potential of kenol kobil and the kenya oil find only in monetary terms. If it was me id also want a piece of the future potential as well.
The investor's chief problem - and even his worst enemy - is likely to be himself
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  | | Edit by user: Wednesday, May 09, 2012 11:04 AM | Reason: Not specified
cnn
#375 Posted : Wednesday, May 09, 2012 10:55:37 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
And where is the official communication on the suspension of trading and the reasons for the same,i have read none.
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youcan'tstopusnow
#376 Posted : Wednesday, May 09, 2012 10:56:29 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Dividend payment is scheduled for Monday...
GOD BLESS YOUR LIFE
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Aguytrying
#377 Posted : Wednesday, May 09, 2012 11:03:04 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
cnn wrote:
And where is the official communication on the suspension of trading and the reasons for the same,i have read none.


They should offer official communication of the same. They shouldn't keep shareholders guessing.
The investor's chief problem - and even his worst enemy - is likely to be himself
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mlennyma
#378 Posted : Wednesday, May 09, 2012 11:10:43 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Impunity
"Don't let the fear of losing be greater than the excitement of winning."
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jerry
#379 Posted : Wednesday, May 09, 2012 11:16:38 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Aguytrying wrote:
cnn wrote:
And where is the official communication on the suspension of trading and the reasons for the same,i have read none.


They should offer official communication of the same. They shouldn't keep shareholders guessing.

I'm happy to have exited at 12.60 cum dividend. I have uncertainties in situations I've no control of.
The opposite of courage is not cowardice, it's conformity.
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Aguytrying
#380 Posted : Wednesday, May 09, 2012 11:43:48 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
jerry wrote:
Aguytrying wrote:
cnn wrote:
And where is the official communication on the suspension of trading and the reasons for the same,i have read none.


They should offer official communication of the same. They shouldn't keep shareholders guessing.

I'm happy to have exited at 12.60 cum dividend. I have uncertainties in situations I've no control of.


All the best
The investor's chief problem - and even his worst enemy - is likely to be himself
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