Wazua
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Kenya Airways...why ignore..
Rank: Veteran Joined: 4/23/2014 Posts: 931
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obiero wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:@pesanane here is a clear repost of the build up to the Open Offer manenos  What does this mean? Is KQLC being issued more shares? At what price? Can KQLC sell these shares on the open market? Mandatorily Convertible Loan Agreement.. www.winda.co.ke/kq.php Please answer the questions, if you know the answers, instead of trying to get us to give you our details. Of what help would your details be to me? Don't be lazy, just read the circular.. It's obvious that new shares are being issued at KES 8.52.. That's part of the plan to completely reduce the debt profile of KQ liabilities as backed by GoK guarantee 1) Your link wanted me to register on your website. 2) It's not obvious at what price the shares are being issued. There was a convoluted process earlier of "deferred shares" that were useless. And if you do not want to answer the questions, just say so... Individual/retail shareholders holding is being diluted further. Kq should just be made private with shareholders as KQ lenders and Gok Technically, the value of "minority shareholding" is zero. KQ was bankrupt [liabilities > assets] before the Debt Conversion at very generous terms considering the NAV was negative. Oh. It should be zero? but apparently the last time I checked KQ was trading at KES 10.5. Far from zero I think the true figure should be 10.5 / 4 = 2.6 app there was a consolidation unless my memory is wrong. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:@pesanane here is a clear repost of the build up to the Open Offer manenos What does this mean? Is KQLC being issued more shares? At what price? Can KQLC sell these shares on the open market? Mandatorily Convertible Loan Agreement.. www.winda.co.ke/kq.php Please answer the questions, if you know the answers, instead of trying to get us to give you our details. Of what help would your details be to me? Don't be lazy, just read the circular.. It's obvious that new shares are being issued at KES 8.52.. That's part of the plan to completely reduce the debt profile of KQ liabilities as backed by GoK guarantee 1) Your link wanted me to register on your website. 2) It's not obvious at what price the shares are being issued. There was a convoluted process earlier of "deferred shares" that were useless. And if you do not want to answer the questions, just say so... Individual/retail shareholders holding is being diluted further. Kq should just be made private with shareholders as KQ lenders and Gok Technically, the value of "minority shareholding" is zero. KQ was bankrupt [liabilities > assets] before the Debt Conversion at very generous terms considering the NAV was negative. Oh. It should be zero? but apparently the last time I checked KQ was trading at KES 10.5. Far from zero So what was KQ's NAV/share before the Bailout by GoK and KQLC? And ARM is trading at 3/- and was much a month ago. Uchumi and NBK are in similar straits. 10,000+ posts! If only KQ had 1/- profit for each post, it could compete against my neighborhood kiosk! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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VituVingiSana wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:@pesanane here is a clear repost of the build up to the Open Offer manenos What does this mean? Is KQLC being issued more shares? At what price? Can KQLC sell these shares on the open market? Mandatorily Convertible Loan Agreement.. www.winda.co.ke/kq.php Please answer the questions, if you know the answers, instead of trying to get us to give you our details. Of what help would your details be to me? Don't be lazy, just read the circular.. It's obvious that new shares are being issued at KES 8.52.. That's part of the plan to completely reduce the debt profile of KQ liabilities as backed by GoK guarantee 1) Your link wanted me to register on your website. 2) It's not obvious at what price the shares are being issued. There was a convoluted process earlier of "deferred shares" that were useless. And if you do not want to answer the questions, just say so... Individual/retail shareholders holding is being diluted further. Kq should just be made private with shareholders as KQ lenders and Gok Technically, the value of "minority shareholding" is zero. KQ was bankrupt [liabilities > assets] before the Debt Conversion at very generous terms considering the NAV was negative. Oh. It should be zero? but apparently the last time I checked KQ was trading at KES 10.5. Far from zero So what was KQ's NAV/share before the Bailout by GoK and KQLC? And ARM is trading at 3/- and was much a month ago. Uchumi and NBK are in similar straits. 10,000+ posts! If only KQ had 1/- profit for each post, it could compete against my neighborhood kiosk! This thread can get to 100,000+ posts and @Obiero will still be telling us to prepare for takeoff.How long are we going to analyze this monkey?
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Rank: Elder Joined: 6/23/2009 Posts: 14,215 Location: nairobi
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whiteowl wrote:VituVingiSana wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:@pesanane here is a clear repost of the build up to the Open Offer manenos What does this mean? Is KQLC being issued more shares? At what price? Can KQLC sell these shares on the open market? Mandatorily Convertible Loan Agreement.. www.winda.co.ke/kq.php Please answer the questions, if you know the answers, instead of trying to get us to give you our details. Of what help would your details be to me? Don't be lazy, just read the circular.. It's obvious that new shares are being issued at KES 8.52.. That's part of the plan to completely reduce the debt profile of KQ liabilities as backed by GoK guarantee 1) Your link wanted me to register on your website. 2) It's not obvious at what price the shares are being issued. There was a convoluted process earlier of "deferred shares" that were useless. And if you do not want to answer the questions, just say so... Individual/retail shareholders holding is being diluted further. Kq should just be made private with shareholders as KQ lenders and Gok Technically, the value of "minority shareholding" is zero. KQ was bankrupt [liabilities > assets] before the Debt Conversion at very generous terms considering the NAV was negative. Oh. It should be zero? but apparently the last time I checked KQ was trading at KES 10.5. Far from zero So what was KQ's NAV/share before the Bailout by GoK and KQLC? And ARM is trading at 3/- and was much a month ago. Uchumi and NBK are in similar straits. 10,000+ posts! If only KQ had 1/- profit for each post, it could compete against my neighborhood kiosk! This thread can get to 100,000+ posts and @Obiero will still be telling us to prepare for takeoff.How long are we going to analyze this monkey? KQ a monkey? Lol.. We await the Open Offer before knowing the unlocked value of KQ. Three weeks more is all you need to bear
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,215 Location: nairobi
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HaMaina wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:@pesanane here is a clear repost of the build up to the Open Offer manenos What does this mean? Is KQLC being issued more shares? At what price? Can KQLC sell these shares on the open market? Mandatorily Convertible Loan Agreement.. www.winda.co.ke/kq.php Please answer the questions, if you know the answers, instead of trying to get us to give you our details. Of what help would your details be to me? Don't be lazy, just read the circular.. It's obvious that new shares are being issued at KES 8.52.. That's part of the plan to completely reduce the debt profile of KQ liabilities as backed by GoK guarantee 1) Your link wanted me to register on your website. 2) It's not obvious at what price the shares are being issued. There was a convoluted process earlier of "deferred shares" that were useless. And if you do not want to answer the questions, just say so... Individual/retail shareholders holding is being diluted further. Kq should just be made private with shareholders as KQ lenders and Gok Technically, the value of "minority shareholding" is zero. KQ was bankrupt [liabilities > assets] before the Debt Conversion at very generous terms considering the NAV was negative. Oh. It should be zero? but apparently the last time I checked KQ was trading at KES 10.5. Far from zero I think the true figure should be 10.5 / 4 = 2.6 app there was a consolidation unless my memory is wrong. @HaMaina correct. but without factoring the Open Offer which is happening in three weeks time
KQ ABP 4.26
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:HaMaina wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:@pesanane here is a clear repost of the build up to the Open Offer manenos What does this mean? Is KQLC being issued more shares? At what price? Can KQLC sell these shares on the open market? Mandatorily Convertible Loan Agreement.. www.winda.co.ke/kq.php Please answer the questions, if you know the answers, instead of trying to get us to give you our details. Of what help would your details be to me? Don't be lazy, just read the circular.. It's obvious that new shares are being issued at KES 8.52.. That's part of the plan to completely reduce the debt profile of KQ liabilities as backed by GoK guarantee 1) Your link wanted me to register on your website. 2) It's not obvious at what price the shares are being issued. There was a convoluted process earlier of "deferred shares" that were useless. And if you do not want to answer the questions, just say so... Individual/retail shareholders holding is being diluted further. Kq should just be made private with shareholders as KQ lenders and Gok Technically, the value of "minority shareholding" is zero. KQ was bankrupt [liabilities > assets] before the Debt Conversion at very generous terms considering the NAV was negative. Oh. It should be zero? but apparently the last time I checked KQ was trading at KES 10.5. Far from zero I think the true figure should be 10.5 / 4 = 2.6 app there was a consolidation unless my memory is wrong. @HaMaina correct. but without factoring the Open Offer which is happening in three weeks time Let me believe that three weeks is not a day every year. I bet I know who is next on the cleaning line after our beloved in ARM. Just get ready. 10/4=2.5/= and with all the skeletons inside kq I bet 5/=/4=1.25/= will print. Kungojea akuwezi niua. Lakini going in now is going in kimikaze style akin to cdc in ARM.   ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 14,215 Location: nairobi
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Unbelievable! KQ share traded sub KES 9 at some point yesterday
KQ ABP 4.26
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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obiero wrote:Unbelievable! KQ share traded sub KES 9 at some point yesterday When the market catches a cold even KQ is not immune Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,215 Location: nairobi
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Ericsson wrote:obiero wrote:Unbelievable! KQ share traded sub KES 9 at some point yesterday When the market catches a cold even KQ is not immune Insane price really..
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,215 Location: nairobi
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"KQ says no decision has been made with regard to selling new shares to retail investors at a discount, a plan that was meant to help mitigate their deep dilution during the airline’s debt restructuring".. A reckless statement by Business Daily
KQ ABP 4.26
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