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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 14,325 Location: nairobi
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Who exactly are these people who have been buying KQ today.. It beats logic COOP, IMH, KEGN, KQ, MTNU
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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obiero wrote:winston wrote:obiero wrote:winston wrote:After conversion of debt into equity for the banks (was it to be at 2.13/-?)...is there a lock in period for the banks or are they free to offload their stakes immediately in the stock market (at say 1/-)? @winston the stake was considered too large in terms of liquidity and hence would be consolidated at a ratio of 4:1.. Implying 2.13 times 4.. The new price would therefore be KES 8.52 @Obiero - Thanks. So conversion followed by consolidation...but still no lock in period. Ten years deep, for the equity to revert back to debt which ideally would be settled in full.. But there's an option to cash out as early as day one. Intelligent banks should sell only upon a profit announcement. Wise banks will wait for the dividend @Obiero - Thanks
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Rank: Member Joined: 5/21/2014 Posts: 184
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@Obiero... sub 4 before 08/08  There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:obiero wrote:VituVingiSana wrote:obiero wrote:winston wrote:After conversion of debt into equity for the banks (was it to be at 2.13/-?)...is there a lock in period for the banks or are they free to offload their stakes immediately in the stock market (at say 1/-)? @winston the stake was considered too large in terms of liquidity and hence would be consolidated at a ratio of 4:1.. Implying 2.13 times 4.. The new price would therefore be KES 8.52 In other words, a Reverse Split which adds no real value. All it does is reduce the number of shares... Example: 10mn shares at 2/- = KES 20mn. a 4:1 "conversion" = 2.5mn shares at 8/- = KES 20mn. In the meantime, I received a nice dividend from KenRe [which has paid an annual dividend since 2012 unlike KQ] and during 1Q 2017 a dividend from KK and an interim dividend expected in 3Q 2017. Even @Obiero's "bank he hates" aka I&M paid a dividend. Equity did too. Ahhh! So did DTB juzi juzi! I don't expect a dividend from Unga [2016-17 was rough] but I look forward to 2017-18 if the country remains calm post-elections. I doubt KQ will pay a dividend for the next 2 years even after the restructuring as financiers, etc will want a "stronger" KQ that has cash on hand. Capital gains will outstrip measly dividend.. I actually rarely go for dividend stocks. Our investment strategies are world's apart Incesting on hope. Hehe. It would be ideal to learn English before posting on such weighty matters Correct me great Okqiero Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,325 Location: nairobi
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actuarywahisa wrote:@Obiero... sub 4 before 08/08 Immaterial drop, on the back of a cautionary statement. Only after EGM and elections day will the true value be revealed.. Meanwhile check out the volume COOP, IMH, KEGN, KQ, MTNU
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:winston wrote:After conversion of debt into equity for the banks (was it to be at 2.13/-?)...is there a lock in period for the banks or are they free to offload their stakes immediately in the stock market (at say 1/-)? @winston the stake was considered too large in terms of liquidity and hence would be consolidated at a ratio of 4:1.. Implying 2.13 times 4.. The new price would therefore be KES 8.52 In other words, a Reverse Split which adds no real value. All it does is reduce the number of shares... Example: 10mn shares at 2/- = KES 20mn. a 4:1 "conversion" = 2.5mn shares at 8/- = KES 20mn. In the meantime, I received a nice dividend from KenRe [which has paid an annual dividend since 2012 unlike KQ] and during 1Q 2017 a dividend from KK and an interim dividend expected in 3Q 2017. Even @Obiero's "bank he hates" aka I&M paid a dividend. Equity did too. Ahhh! So did DTB juzi juzi! I don't expect a dividend from Unga [2016-17 was rough] but I look forward to 2017-18 if the country remains calm post-elections. I doubt KQ will pay a dividend for the next 2 years even after the restructuring as financiers, etc will want a "stronger" KQ that has cash on hand. Capital gains will outstrip measly dividend.. I actually rarely go for dividend stocks. Our investment strategies are world's apart 2 years? You're so optimistic! % years as a minimum by my estimation. Most like 7 years. Only some one with a strategic objectives would buy this monkey! Meanwhile, I'm still wondering why CMA and NSE have never seen it fit to suspend KQ. Others have been suspended for far less "crimes".
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Rank: Elder Joined: 6/23/2009 Posts: 14,325 Location: nairobi
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chiaroscuro wrote:obiero wrote:VituVingiSana wrote:obiero wrote:winston wrote:After conversion of debt into equity for the banks (was it to be at 2.13/-?)...is there a lock in period for the banks or are they free to offload their stakes immediately in the stock market (at say 1/-)? @winston the stake was considered too large in terms of liquidity and hence would be consolidated at a ratio of 4:1.. Implying 2.13 times 4.. The new price would therefore be KES 8.52 In other words, a Reverse Split which adds no real value. All it does is reduce the number of shares... Example: 10mn shares at 2/- = KES 20mn. a 4:1 "conversion" = 2.5mn shares at 8/- = KES 20mn. In the meantime, I received a nice dividend from KenRe [which has paid an annual dividend since 2012 unlike KQ] and during 1Q 2017 a dividend from KK and an interim dividend expected in 3Q 2017. Even @Obiero's "bank he hates" aka I&M paid a dividend. Equity did too. Ahhh! So did DTB juzi juzi! I don't expect a dividend from Unga [2016-17 was rough] but I look forward to 2017-18 if the country remains calm post-elections. I doubt KQ will pay a dividend for the next 2 years even after the restructuring as financiers, etc will want a "stronger" KQ that has cash on hand. Capital gains will outstrip measly dividend.. I actually rarely go for dividend stocks. Our investment strategies are world's apart 2 years? You're so optimistic! % years as a minimum by my estimation. Most like 7 years. Only some one with a strategic objectives would buy this monkey! Meanwhile, I'm still wondering why CMA and NSE have never seen it fit to suspend KQ. Others have been suspended for far less "crimes". 1.4m shares traded as recently as today. Delisting will only happen once Kenya goes the Greece route.. God forbid COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:actuarywahisa wrote:@Obiero... sub 4 before 08/08 Immaterial drop, on the back of a cautionary statement. Only after EGM and elections day will the true value be revealed.. Meanwhile check out the volume Volume is mere speculation  Nothing tangible! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,325 Location: nairobi
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Spikes wrote:obiero wrote:actuarywahisa wrote:@Obiero... sub 4 before 08/08 Immaterial drop, on the back of a cautionary statement. Only after EGM and elections day will the true value be revealed.. Meanwhile check out the volume Volume is mere speculation Nothing tangible! You would not have posted such if you were at the Milimani Law Courts today as Sebastian handed in the majority creditors conditional agreement. KLM & GoK hold 56% of the shares and have agreed to the restructuring. Bankers are now at 82% agreement, against a minimum threshold of 75%. All lights are green. Let's do this. 1 trading day to EGM. http://www.businessdaily...43122-770nwoz/index.html COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,325 Location: nairobi
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Watch and learn..  COOP, IMH, KEGN, KQ, MTNU
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