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KenolKobil 2018 and beyond
VituVingiSana
#451 Posted : Saturday, March 09, 2019 7:55:17 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
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
jmbada
#452 Posted : Saturday, March 09, 2019 9:24:34 AM
Rank: Member

Joined: 1/1/2011
Posts: 396
obiero wrote:
jmbada wrote:
muganda wrote:
Acceptance rate 97.6% smile


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.
VituVingiSana
#453 Posted : Saturday, March 09, 2019 9:26:58 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
jmbada wrote:
obiero wrote:
jmbada wrote:
muganda wrote:
Acceptance rate 97.6% smile


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
obiero
#454 Posted : Saturday, March 09, 2019 9:38:11 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
jmbada wrote:
obiero wrote:
jmbada wrote:
muganda wrote:
Acceptance rate 97.6% smile


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

KQ ABP 4.26
VituVingiSana
#455 Posted : Saturday, March 09, 2019 9:56:56 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
jmbada wrote:
obiero wrote:
jmbada wrote:
muganda wrote:
Acceptance rate 97.6% smile


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

Laughing out loudly Laughing out loudly Laughing out loudly
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" Shame on you Shame on you Shame on you

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 Applause Applause Applause

One @ericsson even made fun of me about NIC Laughing out loudly Laughing out loudly Laughing out loudly
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 - Laughing out loudly Laughing out loudly Laughing out loudly 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" Liar Liar Liar

#71 @Obiero d'oh! d'oh! d'oh!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#456 Posted : Saturday, March 09, 2019 10:06:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
jmbada wrote:
obiero wrote:
jmbada wrote:
muganda wrote:
Acceptance rate 97.6% smile


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

Laughing out loudly Laughing out loudly Laughing out loudly
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" Shame on you Shame on you Shame on you

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 Applause Applause Applause

One @ericsson even made fun of me about NIC Laughing out loudly Laughing out loudly Laughing out loudly
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 - Laughing out loudly Laughing out loudly Laughing out loudly 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" Liar Liar Liar

#71 @Obiero d'oh! d'oh! d'oh!

Cartel wewe 😔

KQ ABP 4.26
VituVingiSana
#457 Posted : Saturday, March 09, 2019 10:11:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
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 Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#458 Posted : Sunday, March 10, 2019 2:29:52 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
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 Laughing out loudly Laughing out loudly Laughing out loudly

There's nothing wrong with the current KQ management

KQ ABP 4.26
VituVingiSana
#459 Posted : Sunday, March 10, 2019 9:38:12 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
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 Laughing out loudly Laughing out loudly Laughing out loudly

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 Laughing out loudly Laughing out loudly Laughing out loudly
Take heart. KQ might deliver manna for you too. d'oh! d'oh! d'oh!
I am also an unwitting shareholder in KQ.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#460 Posted : Sunday, March 10, 2019 10:19:25 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
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 Laughing out loudly Laughing out loudly Laughing out loudly

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 Laughing out loudly Laughing out loudly Laughing out loudly
Take heart. KQ might deliver manna for you too. d'oh! d'oh! d'oh!
I am also an unwitting shareholder in KQ.

Asante. Hope is eternal

KQ ABP 4.26
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