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KenolKobil 2018 and beyond
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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They will then proceed to issue 50k fines to any guilty party 
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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whiteowl wrote:They will then proceed to issue 50k fines to any guilty party Someone was fined 33k the other day.... possunt quia posse videntur
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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maka wrote:whiteowl wrote:They will then proceed to issue 50k fines to any guilty party Someone was fined 33k the other day.... Thats lack of seriousness from CMA.and this idea of foreigners snatching our busineses should stop forthwith.These wazungus wanataka tuwe beggars ya kuwaomba misaada tu alafu ndio IMF na world bank watucontrol vile wanataka. Towards the goal of financial freedom
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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I primarily invest for dividends and with no immediate plan to sell. So when faced with a takeover, this distorts my plans since I have to re-invest the proceeds. If KK was to be here for long and pay increasing dividends over time, the benefits far out way the premiums being offered today (23/=). I think I have no choice but to take the offer given that the Frenchmen have even indicated that they will not continue with the current generous dividend policy that KK was pursuing. The other consideration is; what was the impact of them buying a clean KK that just recently make major write offs of Segman payments, KPRL's account owing, long standing legal settlement in H1 and so on? Doesn't this obviously mean that future benefits of a cleaner balance sheet will not accrue to current shareholders, which is not a great at all? As someone mentioned the number of investible firms in NSE continue to diminish and we will perhaps only be left with banks, Safaricom and a few other well run firms. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Gatheuzi wrote:I primarily invest for dividends and with no immediate plan to sell. So when faced with a takeover, this distorts my plans since I have to re-invest the proceeds. If KK was to be here for long and pay increasing dividends over time, the benefits far out way the premiums being offered today (23/=).
I think I have no choice but to take the offer given that the Frenchmen have even indicated that they will not continue with the current generous dividend policy that KK was pursuing.
The other consideration is; what was the impact of them buying a clean KK that just recently make major write offs of Segman payments, KPRL's account owing, long standing legal settlement in H1 and so on? Doesn't this obviously mean that future benefits of a cleaner balance sheet will not accrue to current shareholders, which is not a great at all?
As someone mentioned the number of investible firms in NSE continue to diminish and we will perhaps only be left with banks, Safaricom and a few other well run firms.
As Europe stagnates economically, Europeans are snatching up undervalued businesses from locals. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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sparkly wrote:Gatheuzi wrote:I primarily invest for dividends and with no immediate plan to sell. So when faced with a takeover, this distorts my plans since I have to re-invest the proceeds. If KK was to be here for long and pay increasing dividends over time, the benefits far out way the premiums being offered today (23/=).
I think I have no choice but to take the offer given that the Frenchmen have even indicated that they will not continue with the current generous dividend policy that KK was pursuing.
The other consideration is; what was the impact of them buying a clean KK that just recently make major write offs of Segman payments, KPRL's account owing, long standing legal settlement in H1 and so on? Doesn't this obviously mean that future benefits of a cleaner balance sheet will not accrue to current shareholders, which is not a great at all?
As someone mentioned the number of investible firms in NSE continue to diminish and we will perhaps only be left with banks, Safaricom and a few other well run firms.
As Europe stagnates economically, Europeans are snatching up undervalued businesses from locals. As long as we do not sell, does it matter? Unga: I have refused to sell my shares at a pittance but it is NOT Seaboard but the Ndegwas (who sold us their crap - Ennsvalley) that are screwing us over. KK: If you think 23/- isn't a fair price then do not sell. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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VituVingiSana wrote:sparkly wrote:Gatheuzi wrote:I primarily invest for dividends and with no immediate plan to sell. So when faced with a takeover, this distorts my plans since I have to re-invest the proceeds. If KK was to be here for long and pay increasing dividends over time, the benefits far out way the premiums being offered today (23/=).
I think I have no choice but to take the offer given that the Frenchmen have even indicated that they will not continue with the current generous dividend policy that KK was pursuing.
The other consideration is; what was the impact of them buying a clean KK that just recently make major write offs of Segman payments, KPRL's account owing, long standing legal settlement in H1 and so on? Doesn't this obviously mean that future benefits of a cleaner balance sheet will not accrue to current shareholders, which is not a great at all?
As someone mentioned the number of investible firms in NSE continue to diminish and we will perhaps only be left with banks, Safaricom and a few other well run firms.
As Europe stagnates economically, Europeans are snatching up undervalued businesses from locals. As long as we do not sell, does it matter? Unga: I have refused to sell my shares at a pittance but it is NOT Seaboard but the Ndegwas (who sold us their crap - Ennsvalley) that are screwing us over. KK: If you think 23/- isn't a fair price then do not sell. The share will become hung.. Few trades below KES 23 with none above KES 23
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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obiero wrote:VituVingiSana wrote:sparkly wrote:Gatheuzi wrote:I primarily invest for dividends and with no immediate plan to sell. So when faced with a takeover, this distorts my plans since I have to re-invest the proceeds. If KK was to be here for long and pay increasing dividends over time, the benefits far out way the premiums being offered today (23/=).
I think I have no choice but to take the offer given that the Frenchmen have even indicated that they will not continue with the current generous dividend policy that KK was pursuing.
The other consideration is; what was the impact of them buying a clean KK that just recently make major write offs of Segman payments, KPRL's account owing, long standing legal settlement in H1 and so on? Doesn't this obviously mean that future benefits of a cleaner balance sheet will not accrue to current shareholders, which is not a great at all?
As someone mentioned the number of investible firms in NSE continue to diminish and we will perhaps only be left with banks, Safaricom and a few other well run firms.
As Europe stagnates economically, Europeans are snatching up undervalued businesses from locals. As long as we do not sell, does it matter? Unga: I have refused to sell my shares at a pittance but it is NOT Seaboard but the Ndegwas (who sold us their crap - Ennsvalley) that are screwing us over. KK: If you think 23/- isn't a fair price then do not sell. The share will become hung.. Few trades below KES 23 with none above KES 23 Thanks for sharing our pain with us I  the "regulatory boards" (CMA, COMESA, CAK) give their approvals by end of November so we can wrap this up by 1Q 2019. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 6/15/2013 Posts: 301
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Gatheuzi wrote:I primarily invest for dividends and with no immediate plan to sell. So when faced with a takeover, this distorts my plans since I have to re-invest the proceeds. If KK was to be here for long and pay increasing dividends over time, the benefits far out way the premiums being offered today (23/=).
I think I have no choice but to take the offer given that the Frenchmen have even indicated that they will not continue with the current generous dividend policy that KK was pursuing.
The other consideration is; what was the impact of them buying a clean KK that just recently make major write offs of Segman payments, KPRL's account owing, long standing legal settlement in H1 and so on? Doesn't this obviously mean that future benefits of a cleaner balance sheet will not accrue to current shareholders, which is not a great at all?
As someone mentioned the number of investible firms in NSE continue to diminish and we will perhaps only be left with banks, Safaricom and a few other well run firms.
Like any big business deal such as this one the talks must had been going on for a long time and these must have been conditions set for a takeover. Also explains the going ons towards the public announcement like why Ohana exercised his share options. Having said that as i grow in investing i come to appreciate with gatheuzi,VVS about investing in 'strong transparent' companies with good dividend payouts, and invest long term without ever having thinking of selling, without ever having to look at stock prices daily, as you have confidence in the companies you have invested in and small shocks will not shake you. Though Warren Buffet doesnt necessarily go for dividend payout provided the company is strong,transparent,growing and is being sold at a good value. My investment strategy has been mainly capital gains of >50% then sell. I held alot of KK, tens of thousands, and sold one year ago cause of 70% capital gain. No other reason at all for selling like 'i needed the money or i had lost confidence in the company'. I dont regret selling as that has been a lesson learnt. Investing in companies because they are cheap, example Mumias,Uchumi,HA etc, yet the companies are in financial distress and are not growing etc, is not an investment strategy.
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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mulla wrote:Gatheuzi wrote:I primarily invest for dividends and with no immediate plan to sell. So when faced with a takeover, this distorts my plans since I have to re-invest the proceeds. If KK was to be here for long and pay increasing dividends over time, the benefits far out way the premiums being offered today (23/=).
I think I have no choice but to take the offer given that the Frenchmen have even indicated that they will not continue with the current generous dividend policy that KK was pursuing.
The other consideration is; what was the impact of them buying a clean KK that just recently make major write offs of Segman payments, KPRL's account owing, long standing legal settlement in H1 and so on? Doesn't this obviously mean that future benefits of a cleaner balance sheet will not accrue to current shareholders, which is not a great at all?
As someone mentioned the number of investible firms in NSE continue to diminish and we will perhaps only be left with banks, Safaricom and a few other well run firms.
Like any big business deal such as this one the talks must had been going on for a long time and these must have been conditions set for a takeover. Also explains the going ons towards the public announcement like why Ohana exercised his share options. Having said that as i grow in investing i come to appreciate with gatheuzi,VVS about investing in 'strong transparent' companies with good dividend payouts, and invest long term without ever having thinking of selling, without ever having to look at stock prices daily, as you have confidence in the companies you have invested in and small shocks will not shake you. Though Warren Buffet doesnt necessarily go for dividend payout provided the company is strong,transparent,growing and is being sold at a good value. My investment strategy has been mainly capital gains of >50% then sell. I held alot of KK, tens of thousands, and sold one year ago cause of 70% capital gain. No other reason at all for selling like 'i needed the money or i had lost confidence in the company'. I dont regret selling as that has been a lesson learnt. Investing in companies because they are cheap, example Mumias,Uchumi,HA etc, yet the companies are in financial distress and are not growing etc, is not an investment strategy. Well said. If attempting to purchase stock in any loss making entity be sure and ready that total loss of invested capital is a real possibility.. Hope is not an investment strategy
KQ ABP 4.26
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