wazua Tue, Mar 31, 2026
Welcome Guest Search | Active Topics | Log In

259 Pages«<141142143144145>»
KENOL KOBIL .... 2012
Options
Previous Topic · Next Topic
VituVingiSana
#1421 Posted : Tuesday, July 17, 2012 11:17:35 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Cde Monomotapa wrote:
Meaning @ycsun, @vvs & I can't meet over tea and agree then pursue regulators as we implement? Hehe or is the govt. omni-present? Laughing out loudly Laughing out loudly
Illegal but that that hasn't stop nyoike has it?
See how MPs, MoE, nyoike & even Wazuans criticized KK for fighting KPRL & KPC. After the dust settled, KK came out the clear winner. If KK prevails over KPC (very likely) then another pay day coming up!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
mwekez@ji
#1422 Posted : Wednesday, July 18, 2012 8:35:25 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow wrote:
Looks like kutakuwa na a lot of bumps before this deal is done and dusted...


Agreed

... KK should now drop the H1 results bomb to scare the hell out of people. Wouldn't mind another good buying opportunity
Back to top
  |
Kausha
#1423 Posted : Wednesday, July 18, 2012 10:18:06 AM
Rank: Member

Joined: 2/8/2007
Posts: 808
Nyoike is hilarious, kwani when large blocks trade everyday his ministry has to be informed. I feel sad that we have MP's and PS's like nyoike at the helm. No wonder we aren't moving forward even with Mirage 2030. This is a listed company, only has to be informed over an impeding takeover and once they give a go ahead can the parties pursue various regulators. Last time I checked, CMA was an arm of government. If Nyoiks could put his thinking cap on, he would realize why it's important only CMA knows in the first instance. Else Nyoike and his staff would easily have gone to the market with the information and made a killing while your ordinary investor without the information wouldn't have known or would have sold to Nyoike unwittingly.

Something else buffling me is the suit by members of staff. Simply because Puma bought BP SA and laid of staff is not grounds to block them from buying KeKe. They could easily buy a 20% of the company come into the board and lobby for the same lay offs. We have a problem in Kenya where people believe employment is marriage or family with permanent ties. Employment is a contractual business relationship which can be terminated. Why are employees struggling with this simple fact. What do they want a pay off or guarantees or some loving....
Back to top
  |
Cde Monomotapa
#1424 Posted : Wednesday, July 18, 2012 10:42:06 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Kausha wrote:
Nyoike is hilarious, kwani when large blocks trade everyday his ministry has to be informed. I feel sad that we have MP's and PS's like nyoike at the helm. No wonder we aren't moving forward even with Mirage 2030. This is a listed company, only has to be informed over an impeding takeover and once they give a go ahead can the parties pursue various regulators. Last time I checked, CMA was an arm of government. If Nyoiks could put his thinking cap on, he would realize why it's important only CMA knows in the first instance. Else Nyoike and his staff would easily have gone to the market with the information and made a killing while your ordinary investor without the information wouldn't have known or would have sold to Nyoike unwittingly.

Something else buffling me is the suit by members of staff. Simply because Puma bought BP SA and laid of staff is not grounds to block them from buying KeKe. They could easily buy a 20% of the company come into the board and lobby for the same lay offs. We have a problem in Kenya where people believe employment is marriage or family with permanent ties. Employment is a contractual business relationship which can be terminated. Why are employees struggling with this simple fact. What do they want a pay off or guarantees or some loving....

Amen.
Back to top
  |
hisah
#1425 Posted : Wednesday, July 18, 2012 11:11:48 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Aguytrying wrote:
@hisah. have u read the CFC report? i would like to read it.
@mwekezaji. do not worry about foreigners, they are not demi gods


Oops! Seems I said "did" instead of "didn't". I was referring to the statement by @youcant about that CFC guy on selling KK. I find it queer that someone would call the opposite against the sentiment tide and the price has refused to break above 17/-

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
Kausha
#1426 Posted : Wednesday, July 18, 2012 11:23:38 AM
Rank: Member

Joined: 2/8/2007
Posts: 808
It's simple Kestrel are the transaction adviser and the top broker in town. What are the odds Andre De Simone would allow his sell side analysts to issue a buy recommendation while the corp fin team is busy executing at a much lower price target. At Goldman Sachs ans simmilar large IB's this can happen because the broking and Corp Fin are large independent businesses but at Kestrel the Corp Fin guy is perhaps one person while the analysts on sell are probably 3. These people eat lunch together.......The CFC guy is try stir the market into activity but in a poor way.
Back to top
  |
mwekez@ji
#1427 Posted : Wednesday, July 18, 2012 12:23:06 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@Kausha, et al, could you be aware why there is too much silence from KK. Due diligence was initially scheduled to be completed by June. The silence is becoming louder by the day
Back to top
  |
youcan'tstopusnow
#1428 Posted : Wednesday, July 18, 2012 12:42:08 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mwekez@ji wrote:
@Kausha, et al, could you be aware why there is too much silence from KK. Due diligence was initially scheduled to be completed by June. The silence is becoming louder by the day

There was an option to seek an extension. I think that's what they did and they should now be through by end month.

However, it now seems as though Nyoike is intent on doing his own "due diligence". Will this affect any announcement that was in the pipeline?

''I undertake to do due diligence and address
issues such as staff interest,” Mr Nyoike told MPs.
GOD BLESS YOUR LIFE
Back to top
WWW
  | | Edit by user: Wednesday, July 18, 2012 12:43 PM | Reason: Not specified
Kausha
#1429 Posted : Wednesday, July 18, 2012 12:44:55 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
Due dilligence was to completed by July and not June. This deal will be done by end of August 2012.

They have already agreed and signed on the pricing of the deal subject to all these conditions. Bear in Mind KeKe will have to empty the cash reserves via interim divy during this half year or as part of the deal via special divy as happens in similar transactions..
Back to top
  |
VituVingiSana
#1430 Posted : Wednesday, July 18, 2012 2:00:49 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
mwekez@ji wrote:
youcan'tstopusnow wrote:
Looks like kutakuwa na a lot of bumps before this deal is done and dusted...

Agreed

... KK should now drop the H1 results bomb to scare the hell out of people. Wouldn't mind another good buying opportunity
Not yet. Sina mbecha!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
259 Pages«<141142143144145>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.