Wazua
»
Investor
»
Stocks
»
KenolKobil 2018 and beyond
Rank: Chief Joined: 1/3/2007 Posts: 18,385 Location: Nairobi
|
The moolah is a-coming 3 days! https://kenyanwallstreet...ekly-flights-to-nairobi/Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 1/1/2011 Posts: 396
|
obiero wrote:jmbada wrote:muganda wrote:Acceptance rate 97.6%   Squeeze outs are essentially unconstitutional. No one can legally force you to sell your shares under any circumstances. The only problems you will encounter will be that your shares are now illiquid, you have no say in meetings of any sort, etc. But you will be entitled to your pro-rata dividends without fail. Our Kenyan legal system in this case will aid no one. The judiciary is our weakest link as a people. Rubis will buy out any judge to get the 100%. This buyout was littered with fraud and the KK shareholders are very lucky. My point was much simpler than this. Even if you are an existing shareholder, don't tender ALL your shares. Keep a few, even 1 share and you can continue to access AGMs for one of the best OMCs in the Kenyan Market for a very long time. Possibly even passing the retained shares on to your offspring.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,385 Location: Nairobi
|
jmbada wrote:obiero wrote:jmbada wrote:muganda wrote:Acceptance rate 97.6% Squeeze outs are essentially unconstitutional. No one can legally force you to sell your shares under any circumstances. The only problems you will encounter will be that your shares are now illiquid, you have no say in meetings of any sort, etc. But you will be entitled to your pro-rata dividends without fail. Our Kenyan legal system in this case will aid no one. The judiciary is our weakest link as a people. Rubis will buy out any judge to get the 100%. This buyout was littered with fraud and the KK shareholders are very lucky. My point was much simpler than this. Even if you are an existing shareholder, don't tender ALL your shares. Keep a few, even 1 share and you can continue to access AGMs for one of the best OMCs in the Kenyan Market for a very long time. Possibly even passing the retained shares on to your offspring. If I recall, the Offer from Rubis was for ALL (or none) of the shares. No nusu mkate. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,339 Location: nairobi
|
VituVingiSana wrote:jmbada wrote:obiero wrote:jmbada wrote:muganda wrote:Acceptance rate 97.6% Squeeze outs are essentially unconstitutional. No one can legally force you to sell your shares under any circumstances. The only problems you will encounter will be that your shares are now illiquid, you have no say in meetings of any sort, etc. But you will be entitled to your pro-rata dividends without fail. Our Kenyan legal system in this case will aid no one. The judiciary is our weakest link as a people. Rubis will buy out any judge to get the 100%. This buyout was littered with fraud and the KK shareholders are very lucky. My point was much simpler than this. Even if you are an existing shareholder, don't tender ALL your shares. Keep a few, even 1 share and you can continue to access AGMs for one of the best OMCs in the Kenyan Market for a very long time. Possibly even passing the retained shares on to your offspring. If I recall, the Offer from Rubis was for ALL (or none) of the shares. No nusu mkate. I see you chief. The coincidence of you holding buy out firms is not a good sign. UNGA, NIC, KK.. Wewe ni cartel COOP, IMH, KEGN, KQ, MTNU
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,385 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:jmbada wrote:obiero wrote:jmbada wrote:muganda wrote:Acceptance rate 97.6% Squeeze outs are essentially unconstitutional. No one can legally force you to sell your shares under any circumstances. The only problems you will encounter will be that your shares are now illiquid, you have no say in meetings of any sort, etc. But you will be entitled to your pro-rata dividends without fail. Our Kenyan legal system in this case will aid no one. The judiciary is our weakest link as a people. Rubis will buy out any judge to get the 100%. This buyout was littered with fraud and the KK shareholders are very lucky. My point was much simpler than this. Even if you are an existing shareholder, don't tender ALL your shares. Keep a few, even 1 share and you can continue to access AGMs for one of the best OMCs in the Kenyan Market for a very long time. Possibly even passing the retained shares on to your offspring. If I recall, the Offer from Rubis was for ALL (or none) of the shares. No nusu mkate. I see you chief. The coincidence of you holding buy out firms is not a good sign. UNGA, NIC, KK.. Wewe ni cartel  Some of us STUDY the Financial Statements, attend AGMs, do calculations like PER, PB, NAV/share, etc [and still get it wrong eg ARM] No "inside info" or "Exchange Bar" or "Open Offers" or "Free Flights/Lounges"  Plus I have been telling folks about KK and Unga for ages. I pity the fools who bought KQ on your recommendation. Those who bought KK and Unga in the same timeframe are rolling in the dough  One @ericsson even made fun of me about NIC http://www.wazua.co.ke/f...41&f=1&q=855249 20th Nov 2018 I am +50% on NIC since 20 Nov 2018. #57 http://www.wazua.co.ke/f...sts&t=36241&p=3
#58 @Horton - No stress. I am in the money! #61 @Heri - I hope you have broken even http://www.wazua.co.ke/f...sts&t=36241&p=4
#68 I pity those who listened to @lochaz-index on NIC on 21 Nov 2018 #69 @Ericsson on 5th Dec 2018 "Counter heading towards sub 20 as bad loans weigh heavily"  #71 @Obiero  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,339 Location: nairobi
|
VituVingiSana wrote:obiero wrote:VituVingiSana wrote:jmbada wrote:obiero wrote:jmbada wrote:muganda wrote:Acceptance rate 97.6% Squeeze outs are essentially unconstitutional. No one can legally force you to sell your shares under any circumstances. The only problems you will encounter will be that your shares are now illiquid, you have no say in meetings of any sort, etc. But you will be entitled to your pro-rata dividends without fail. Our Kenyan legal system in this case will aid no one. The judiciary is our weakest link as a people. Rubis will buy out any judge to get the 100%. This buyout was littered with fraud and the KK shareholders are very lucky. My point was much simpler than this. Even if you are an existing shareholder, don't tender ALL your shares. Keep a few, even 1 share and you can continue to access AGMs for one of the best OMCs in the Kenyan Market for a very long time. Possibly even passing the retained shares on to your offspring. If I recall, the Offer from Rubis was for ALL (or none) of the shares. No nusu mkate. I see you chief. The coincidence of you holding buy out firms is not a good sign. UNGA, NIC, KK.. Wewe ni cartel Some of us STUDY the Financial Statements, attend AGMs, do calculations like PER, PB, NAV/share, etc [and still get it wrong eg ARM] No "inside info" or "Exchange Bar" or "Open Offers" or "Free Flights/Lounges" Plus I have been telling folks about KK and Unga for ages. I pity the fools who bought KQ on your recommendation. Those who bought KK and Unga in the same timeframe are rolling in the dough One @ericsson even made fun of me about NIC http://www.wazua.co.ke/f...41&f=1&q=855249 20th Nov 2018 I am +50% on NIC since 20 Nov 2018. #57 http://www.wazua.co.ke/f...sts&t=36241&p=3
#58 @Horton - No stress. I am in the money! #61 @Heri - I hope you have broken even http://www.wazua.co.ke/f...sts&t=36241&p=4
#68 I pity those who listened to @lochaz-index on NIC on 21 Nov 2018 #69 @Ericsson on 5th Dec 2018 "Counter heading towards sub 20 as bad loans weigh heavily" #71 @Obiero Cartel wewe 😔 COOP, IMH, KEGN, KQ, MTNU
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,385 Location: Nairobi
|
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett @Obiero - Take some time to read what Warren Buffett has written about investing. The info is available FREE OF CHARGE except for time and bundles. Think long-term. Think management. Don't listen to kelele ya chura. Go to the AGMs. Ask questions. Observe the marketplace. Of course, you can ignore my advice and continue buying KQ Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,339 Location: nairobi
|
VituVingiSana wrote:Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett @Obiero - Take some time to read what Warren Buffett has written about investing. The info is available FREE OF CHARGE except for time and bundles. Think long-term. Think management. Don't listen to kelele ya chura. Go to the AGMs. Ask questions. Observe the marketplace. Of course, you can ignore my advice and continue buying KQ There's nothing wrong with the current KQ management COOP, IMH, KEGN, KQ, MTNU
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,385 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett @Obiero - Take some time to read what Warren Buffett has written about investing. The info is available FREE OF CHARGE except for time and bundles. Think long-term. Think management. Don't listen to kelele ya chura. Go to the AGMs. Ask questions. Observe the marketplace. Of course, you can ignore my advice and continue buying KQ There's nothing wrong with the current KQ management 2 more days as we await the monsoon of manna dropped from an Air France plane Take heart. KQ might deliver manna for you too. I am also an unwitting shareholder in KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,339 Location: nairobi
|
VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett @Obiero - Take some time to read what Warren Buffett has written about investing. The info is available FREE OF CHARGE except for time and bundles. Think long-term. Think management. Don't listen to kelele ya chura. Go to the AGMs. Ask questions. Observe the marketplace. Of course, you can ignore my advice and continue buying KQ There's nothing wrong with the current KQ management 2 more days as we await the monsoon of manna dropped from an Air France plane Take heart. KQ might deliver manna for you too. I am also an unwitting shareholder in KQ. Asante. Hope is eternal COOP, IMH, KEGN, KQ, MTNU
|
|
|
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.
|