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Rea Vipingo takeover at 40/= per share
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h2s
#71 Posted : Tuesday, January 14, 2014 2:20:17 PM
Rank: Member

Joined: 7/20/2012
Posts: 141
Aguytrying wrote:
h2s wrote:
When will trading in this stock resume? While Centum is riding the wave of bidding for REA the wanjikus can only sit and wait.


Most likely will be delisted, so never

At what price?Robinow or Centum or Dilesh?
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mkeiy
#72 Posted : Tuesday, January 14, 2014 3:04:45 PM
Rank: Member

Joined: 1/27/2012
Posts: 851
Location: Nairobi
h2s wrote:
When will trading in this stock resume? While Centum is riding the wave of bidding for REA the wanjikus can only sit and wait.



Wanjiku this.
Wanjiku that.
Wanjiku! Wanjiku! Wanjiku!
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muganda
#73 Posted : Wednesday, January 29, 2014 5:59:50 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Enough said...

THE Kilifi county government has gone to court to stop a plan by two investment firms to buy Rea Vipingo Plantations Ltd shares worth more than Sh3 billion.

The takeover of Africa’s largest sisal producer that was slated to be complete by April 30 has now been scuttled following the lawsuit. The sisal company owns more than 70,000 acres of land in Kenya and Tanzania. More than 11,000 acres of this land is in Kilifi.

The county government has challenged the ownership of its agricultural land by non-Kenyans terming it irregular.

http://www.the-star.co.ke/news/...h.1SV0AgQR.QVb5thNj.dpuf
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VituVingiSana
#74 Posted : Wednesday, January 29, 2014 11:01:54 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
muganda wrote:
Enough said...

THE Kilifi county government has gone to court to stop a plan by two investment firms to buy Rea Vipingo Plantations Ltd shares worth more than Sh3 billion.

The takeover of Africa’s largest sisal producer that was slated to be complete by April 30 has now been scuttled following the lawsuit. The sisal company owns more than 70,000 acres of land in Kenya and Tanzania. More than 11,000 acres of this land is in Kilifi.

The county government has challenged the ownership of its agricultural land by non-Kenyans terming it irregular.

http://www.the-star.co.ke/news/...h.1SV0AgQR.QVb5thNj.dpuf
What a load of nonsense. Why do I think some folks in Kilifi County want a pay-off from the Robinows or Kirubi?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mkeiy
#75 Posted : Thursday, January 30, 2014 8:50:29 AM
Rank: Member

Joined: 1/27/2012
Posts: 851
Location: Nairobi
VituVingiSana wrote:
muganda wrote:
Enough said...

THE Kilifi county government has gone to court to stop a plan by two investment firms to buy Rea Vipingo Plantations Ltd shares worth more than Sh3 billion.

The takeover of Africa’s largest sisal producer that was slated to be complete by April 30 has now been scuttled following the lawsuit. The sisal company owns more than 70,000 acres of land in Kenya and Tanzania. More than 11,000 acres of this land is in Kilifi.

The county government has challenged the ownership of its agricultural land by non-Kenyans terming it irregular.

http://www.the-star.co.ke/news/...h.1SV0AgQR.QVb5thNj.dpuf
What a load of nonsense. Why do I think some folks in Kilifi County want a pay-off from the Robinows or Kirubi?


Why would they pay off anyone?

Wouldn't that then mean some monkey business is going on? Buying out minority shareholders cheaply?
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FUNKY
#76 Posted : Thursday, January 30, 2014 12:27:05 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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VituVingiSana
#77 Posted : Thursday, January 30, 2014 11:36:06 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
mkeiy wrote:
VituVingiSana wrote:
muganda wrote:
Enough said...

THE Kilifi county government has gone to court to stop a plan by two investment firms to buy Rea Vipingo Plantations Ltd shares worth more than Sh3 billion.

The takeover of Africa’s largest sisal producer that was slated to be complete by April 30 has now been scuttled following the lawsuit. The sisal company owns more than 70,000 acres of land in Kenya and Tanzania. More than 11,000 acres of this land is in Kilifi.

The county government has challenged the ownership of its agricultural land by non-Kenyans terming it irregular.

http://www.the-star.co.ke/news/...h.1SV0AgQR.QVb5thNj.dpuf
What a load of nonsense. Why do I think some folks in Kilifi County want a pay-off from the Robinows or Kirubi?

Why would they pay off anyone?

Wouldn't that then mean some monkey business is going on? Buying out minority shareholders cheaply?
Neither Centum nor REAT should pay them off but the politicians will still ask for 'something' or threaten to disrupt the deal or operations.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Mastermind
#78 Posted : Sunday, February 02, 2014 11:41:14 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
I wonder how the Market would have reacted to Fy13 (Assuming there was no takeover bids)
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Aguytrying
#79 Posted : Monday, February 03, 2014 8:40:20 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Mastermind wrote:
I wonder how the Market would have reacted to Fy13 (Assuming there was no takeover bids)


I have come to realise, as sweet as takeover deals are. they are only sweet when they go smoothly and quickly. otherwise you might be better off selling just before suspension. coz your money gets locked. only access Kenya in the recent past was a good one. the rest lock your cash and may ultimately fail.
slow ones: KK, REA, CMC
The investor's chief problem - and even his worst enemy - is likely to be himself
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mwekez@ji
#80 Posted : Monday, February 03, 2014 8:44:35 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
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