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KENOL KOBIL .... 2012

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yaserbigchair		#1361 Posted : Monday, July 09, 2012 9:17:37 AM
Rank: Member Joined: 7/19/2006 Posts: 118 Location: Mombasa		@Jamani... and do you know of the MANDATORY GENERAL OFFER??? KK told its Partners and Shareholders that Puma Energy plans to buy off the minority shareholder through this arrangement. I am telling you,the price I see it through. Sound that I love most: Is the ringing bell of Stock Market.
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mwekez@ji		#1362 Posted : Monday, July 09, 2012 9:29:43 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		PKoli wrote: VituVingiSana wrote: mwekez@ji wrote: Sources privy to the transaction revealed that the majority shareholders, estimated to own about 70 per cent of the firm, had agreed to cede their shares to Puma Energy while minority shareholders would have no option but to sell their stakes at an agreed price. top 6 shareholders own over 70% Nothing new in the article. It is poorly written & just done to fill space & sell more copies! The 70% s/holders will 'cede' [which could be sell or get a piece of Puma] their shares to Puma. It is all good as long as the 30% get a fair price! BD needs to hire business writers or retrain those they have. As VVS says, the article has nothing new. Give credit where credit is due! When did you people know that those who have already agreed cede their shares own 70%? There is also the controversial matter that is also brought out by @yaserbigchair that "minority shareholders would have no option but to sell their stakes at an agreed price"
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youcan'tstopusnow		#1363 Posted : Monday, July 09, 2012 9:54:46 AM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		Mandatory general offer means that PUMA has to make a bid for the rest of the shares (as a matter of law) UNLESS they apply for an exemption to this rule. It does not mean people will be forced to sell their shares. I once posted a case study of East African Packaging Industries on this thread GOD BLESS YOUR LIFE
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VituVingiSana		#1364 Posted : Monday, July 09, 2012 10:00:00 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi		youcan'tstopusnow wrote: Mandatory general offer means that PUMA has to make a bid for the rest of the shares (as a matter of law) UNLESS they apply for an exemption to this rule. It does not mean people will be forced to sell their shares. I once posted a case study of East African Packaging Industries on this thread Same as Unilever Tea. There are some s/holders who still own Unilever Tea shares. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Aguytrying		#1365 Posted : Monday, July 09, 2012 10:16:31 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		@yaser. What is your motive in coming here everyday and telling us the price will be lower than 20/-? We already know that it is a possibility. Unless you have concrete info i suggest you stop posting the same thing here everyday. Broker's advice are among the most unreliable. like cde says, just wait for the confirmation price all this speculation is useless. The investor's chief problem - and even his worst enemy - is likely to be himself
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kenmac		#1366 Posted : Monday, July 09, 2012 7:58:44 PM
Rank: Elder Joined: 5/26/2009 Posts: 1,793		new development on workers case http://www.businessdaily...38/-/p0q3x8/-/index.html ......Ecclesiastes
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guru267		#1367 Posted : Monday, July 09, 2012 8:31:09 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		youcan'tstopusnow wrote: Mandatory general offer means that PUMA has to make a bid for the rest of the shares (as a matter of law) UNLESS they apply for an exemption to this rule. It does not mean people will be forced to sell their shares. I once posted a case study of East African Packaging Industries on this thread @youcant THANK YOU for explaining to that prick what a mandatory offer is!!! Mark 12:29 Deuteronomy 4:16
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Aguytrying		#1368 Posted : Monday, July 09, 2012 8:50:03 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		[quote=kenmac]new development on workers case http://www.businessdaily...8/-/p0q3x8/-/index.html[/quote] Old news The investor's chief problem - and even his worst enemy - is likely to be himself
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Aguytrying		#1369 Posted : Monday, July 09, 2012 8:51:50 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		guru267 wrote: youcan'tstopusnow wrote: Mandatory general offer means that PUMA has to make a bid for the rest of the shares (as a matter of law) UNLESS they apply for an exemption to this rule. It does not mean people will be forced to sell their shares. I once posted a case study of East African Packaging Industries on this thread @youcant THANK YOU for explaining to that prick what a mandatory offer is!!! This guy and another guys posts(name with held) really irritate me, due to the severe lack of intelligence The investor's chief problem - and even his worst enemy - is likely to be himself
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kenmac		#1370 Posted : Monday, July 09, 2012 9:36:24 PM
Rank: Elder Joined: 5/26/2009 Posts: 1,793		Aguytrying wrote: [quote=kenmac]new development on workers case http://www.businessdaily...8/-/p0q3x8/-/index.html[/quote] Old news You must have written it: Kenol/Kobil filling station. Photo/FILE By BENSON WAMBUGU ( email the author ) Posted Sunday, July 8 2012 at 17:06 ......Ecclesiastes
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