KenolKobil 2018 and beyond - Page 37 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » KenolKobil 2018 and beyond

KenolKobil 2018 and beyond

Options

Previous Topic · Next Topic

mlennyma		#361 Posted : Saturday, January 12, 2019 7:29:50 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		VituVingiSana wrote: If you do not receive the packet by 31st Jan, you should go see your broker! the nse has taught me tough lessons and Kk has saved my portfolio,i could be bleeding non stop were it not for Kk,good luck darling I wish you well and I will miss your valued company..having learned this lessons I can only buy safaricom below 15 or kcb below 30 with this money.truely be patient Jesus will come back. "Don't let the fear of losing be greater than the excitement of winning."
Back to top		WWW \| \| Edit by user: Saturday, January 12, 2019 7:37 AM \| Reason: Not specified
User Profile

Ericsson		#362 Posted : Saturday, January 12, 2019 8:53:43 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		mlennyma wrote: VituVingiSana wrote: If you do not receive the packet by 31st Jan, you should go see your broker! the nse has taught me tough lessons and Kk has saved my portfolio,i could be bleeding non stop were it not for Kk,good luck darling I wish you well and I will miss your valued company..having learned this lessons I can only buy safaricom below 15 or kcb below 30 with this money.truely be patient Jesus will come back. Safaricom is on an upward trend if you check.It was oversold at 21.50-22 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

VituVingiSana		#363 Posted : Saturday, January 12, 2019 4:17:15 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		obiero wrote: VituVingiSana wrote: 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. Totally hung share, as anticipated, made worse by the ongoing investigation against Aly and Co.. Let shareholders at Kenol Kobil hope for better things next year, while remembering Puma No idea where this chap is BUT I think I may double my money in KK (12 March 2019) in the same amount of time he halved his in KQ! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

VituVingiSana		#364 Posted : Saturday, January 12, 2019 4:21:43 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		Ericsson wrote: [quote=VituVingiSana]Good news for KK - but I may not benefit from the profits given Rubis wants to buy me out. https://www.businessdail...5248-hm0abcz/index.html and Oil Slumps Below $60 in London For First Time Since October 2017 https://www.bloomberg.co...s-of-global-supply-glut[/quote] The purchase of kk by Rubis is on a standstill Ati? Payment Date from 11 March 2019 Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

Monk		#365 Posted : Sunday, January 13, 2019 7:02:44 AM
Rank: Member Joined: 7/1/2009 Posts: 272		VituVingiSana wrote: obiero wrote: VituVingiSana wrote: 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. Totally hung share, as anticipated, made worse by the ongoing investigation against Aly and Co.. Let shareholders at Kenol Kobil hope for better things next year, while remembering Puma No idea where this chap is BUT I think I may double my money in KK (12 March 2019) in the same amount of time he halved his in KQ! Sounds like you miss your sparring partner :)
Back to top		\|
User Profile

VituVingiSana		#366 Posted : Sunday, January 13, 2019 9:14:41 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		@Monk - I do miss our village madman Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\| \| Edit by user: Sunday, January 13, 2019 9:16 AM \| Reason: Not specified
User Profile

ombaalbt		#367 Posted : Sunday, January 13, 2019 9:33:36 AM
Rank: New-farer Joined: 5/19/2014 Posts: 68 Location: Migori		VituVingiSana wrote: @Monk - I do miss our village madman The bear has run some wazuans out of town. Learning to sit on my hands
Back to top		\|
User Profile

Kenyan Oracle		#368 Posted : Monday, January 14, 2019 11:39:15 AM
Rank: Member Joined: 5/31/2011 Posts: 262		No One is coming up with a counter offer? Puma where though at? You lose money chasing women, but you never lose women chasing money - NAS
Back to top		\|
User Profile

VituVingiSana		#369 Posted : Monday, January 14, 2019 3:50:38 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		KK forms are trickling in! The only catch is that Rubis is allowed to extend the offer until 30 July 2019 and that is something I would NOT want to see. BUT I hope they choose the Stanbic route by having 2 payout dates. All those who submit by 18th Feb get paid by 12th Mar. Those who submit forms after 18th Feb get paid in round two say 3 weeks after the 2nd closing date. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

Aguytrying		#370 Posted : Monday, January 14, 2019 5:38:48 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		VituVingiSana wrote: KK forms are trickling in! The only catch is that Rubis is allowed to extend the offer until 30 July 2019 and that is something I would NOT want to see. BUT I hope they choose the Stanbic route by having 2 payout dates. All those who submit by 18th Feb get paid by 12th Mar. Those who submit forms after 18th Feb get paid in round two say 3 weeks after the 2nd closing date. I'm yet to get mine. Waiting patiently. Might give them a call soon The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top		\|
User Profile

56 Pages«<3536373839>»

Wazua » Investor » Stocks » KenolKobil 2018 and beyond

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded