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