obiero wrote:Ericsson wrote:obiero wrote:maka wrote:obiero wrote:Word is out. The KAA and KQ merger could see the share trade at highs of up to KES 30 per share, with definite return to profitability by end year through basic accounting.. MJ using all his wit to ensure closure of the deal before November 2018. Open Offer to proceed in Q1 2019 at unprecedented discount. The mother of all rallies is on the horizon. Thank me later
Impossible...
Hi there party pooper π
Open offer hamna. KQLC won't agree
Tukutane hapa Q1 2019, hii kitu haihusu KQLC and it is actually to their benefit for the share to be tradable.. The KQ share has not been trading for over 9 months now. Incase the majority owners do not embrace the Open Offer, KQ share will remain depressed adinfinitum
Why would KQLC want their stake (30%?) diluted?
Why would KQLC want others to pay LESS than what they did for their shares in KQ? [Itβs like ARM shares to non-strategic investors who add no value at 3/- when I paid 3.70 ... ]
KQ shares are tradable. I read that they even sold some. I think I&M was one of the beneficiaries of the sale of KQ Shares via KQLC.
Anyway, good luck! I am also in a turnaround penny stock aka ARM
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett