cnn wrote:This one was coming,maybe more vicious than i had thought.So how does this affect Pumas offer price if they still go ahead?
It's a blip for 6 months. Puma is looking at the longer term. I would say it means:
1) No interim dividend
2) Puma may reduce the payout by 1/-
Overall, it means KK has 'lost' 1/- of earnings which will mean shareholders will 'lose' 1/-.
Since the shares are suspended, it matters little to the share price volatility.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett