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KCB and NBK material announcement
obiero
#131 Posted : Tuesday, July 09, 2019 8:27:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
Ericsson wrote:
Ebenyo wrote:
tandich wrote:
FUNKY wrote:
BREAKING NEWS: The Board of National Bank of Kenya says KCB’s valuation of NBK's shares falls below its independent valuation of KSh6.10 per share. KCB had valued NBK at KSh3.801 per share. KCB has 15 days to vary its offer. @KCBGroup @National_Bank https://t.co/16MThe5vJS
Someone should bottle whatever this board is consuming. Bonge la biashara
This could be pressure from some outside forces.
NSSF
Can never be NSSF.. It's a holder of both stocks and it knows the folly of letting the deal flop could cost it an arm and a leg
COOP, IMH, KEGN, KQ, MTNU
Ericsson
#132 Posted : Tuesday, July 09, 2019 9:45:07 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
FUNKY wrote:
BREAKING NEWS: The Board of National Bank of Kenya says KCB’s valuation of NBK's shares falls below its independent valuation of KSh6.10 per share. KCB had valued NBK at KSh3.801 per share. KCB has 15 days to vary its offer. @KCBGroup @National_Bank https://t.co/16MThe5vJS
Turning out to be be fake news
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
obiero
#133 Posted : Tuesday, July 09, 2019 10:00:27 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
Ericsson wrote:
FUNKY wrote:
BREAKING NEWS: The Board of National Bank of Kenya says KCB’s valuation of NBK's shares falls below its independent valuation of KSh6.10 per share. KCB had valued NBK at KSh3.801 per share. KCB has 15 days to vary its offer. @KCBGroup @National_Bank https://t.co/16MThe5vJS
Turning out to be be fake news
Both sets of shareholders at respective firms approved the deal.. The board of directors are primarily non shareholders, who can only issue opinion
COOP, IMH, KEGN, KQ, MTNU
obiero
#134 Posted : Tuesday, July 09, 2019 10:02:25 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
Ericsson wrote:
FUNKY wrote:
BREAKING NEWS: The Board of National Bank of Kenya says KCB’s valuation of NBK's shares falls below its independent valuation of KSh6.10 per share. KCB had valued NBK at KSh3.801 per share. KCB has 15 days to vary its offer. @KCBGroup @National_Bank https://t.co/16MThe5vJS
Turning out to be be fake news
Both sets of shareholders at respective firms approved the deal.. The board of directors are primarily non shareholders, who can only issue opinion
COOP, IMH, KEGN, KQ, MTNU
sparkly
#135 Posted : Tuesday, July 09, 2019 10:38:10 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
Ericsson wrote:
FUNKY wrote:
BREAKING NEWS: The Board of National Bank of Kenya says KCB’s valuation of NBK's shares falls below its independent valuation of KSh6.10 per share. KCB had valued NBK at KSh3.801 per share. KCB has 15 days to vary its offer. @KCBGroup @National_Bank https://t.co/16MThe5vJS
Turning out to be be fake news
Both sets of shareholders at respective firms approved the deal.. The board of directors are primarily non shareholders, who can only issue opinion
Who are the loud mouthed Board members? If Treasury and NSSF agreed to the valuation the rest is kelele ya chura.
Life is short. Live passionately.
FUNKY
#136 Posted : Tuesday, July 09, 2019 11:08:41 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
NBK board just realized KCB bid is bad at this stage😆
VituVingiSana
#137 Posted : Tuesday, July 09, 2019 11:22:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
FUNKY wrote:
NBK board just realized KCB bid is bad at this stage😆
AFTER they found out that they will be fired. I don't think KCB will keep most of the management and board around.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#138 Posted : Tuesday, July 09, 2019 11:49:14 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
VituVingiSana wrote:
FUNKY wrote:
NBK board just realized KCB bid is bad at this stage😆
AFTER they found out that they will be fired. I don't think KCB will keep most of the management and board around.
Ati operate as an “independent subsidiary for 2 years to ensure uninterrupted service to existing customers” 😆😆😆😆 I see the NBK board got jokes
VituVingiSana
#139 Posted : Wednesday, July 10, 2019 4:24:58 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
Horton wrote:
VituVingiSana wrote:
FUNKY wrote:
NBK board just realized KCB bid is bad at this stage😆
AFTER they found out that they will be fired. I don't think KCB will keep most of the management and board around.
Ati operate as an “independent subsidiary for 2 years to ensure uninterrupted service to existing customers” 😆😆😆😆 I see the NBK board got jokes
Laughing out loudly Laughing out loudly Laughing out loudly They want to keep the all-you-can-eat buffet open!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#140 Posted : Wednesday, July 10, 2019 6:41:43 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
VituVingiSana wrote:
Horton wrote:
VituVingiSana wrote:
FUNKY wrote:
NBK board just realized KCB bid is bad at this stage😆
AFTER they found out that they will be fired. I don't think KCB will keep most of the management and board around.
Ati operate as an “independent subsidiary for 2 years to ensure uninterrupted service to existing customers” 😆😆😆😆 I see the NBK board got jokes
Laughing out loudly Laughing out loudly Laughing out loudly They want to keep the all-you-can-eat buffet open!
https://kenyanwallstreet...inalized-by-25th-august/
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