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KENOL/KOBIL
VituVingiSana
#1561 Posted : Wednesday, April 06, 2011 5:09:46 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,371
Location: Nairobi
youcan'tstopusnow wrote:
nahdy wrote:
http://www.nse.co.ke/newsite/pdf/YEAR%202011/Announcements/KenolKobil.pdf

eeh!!!! the guy is loaded....

He's in just in time for the ESOPsmile
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Aguytrying
#1562 Posted : Wednesday, April 06, 2011 7:53:15 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
youcan'tstopusnow wrote:
nahdy wrote:
http://www.nse.co.ke/newsite/pdf/YEAR%202011/Announcements/KenolKobil.pdf

eeh!!!! the guy is loaded....

He's in just in time for the ESOPsmile


that's the first thing i thought. You should see the notice of cmc appointing a chairman, its hard to imagine that such a reputable company has such a lackluster letter.
The investor's chief problem - and even his worst enemy - is likely to be himself
stocksmaster
#1563 Posted : Thursday, April 07, 2011 5:54:38 PM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
VituVingiSana wrote:
youcan'tstopusnow wrote:
nahdy wrote:
http://www.nse.co.ke/newsite/pdf/YEAR%202011/Announcements/KenolKobil.pdf

eeh!!!! the guy is loaded....

He's in just in time for the ESOPsmile
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


@ VVS: You must have received the 2010 Kenol Kobil Ltd Annual Report and Financial Statements. What do you think of Page 35 - Employee Benefits (Share Options): KK has an options agreement with the CEO under which he is entitled to receive options for units amounting to 4% of the company's shares in respect of the financial years 2010-2014 to be issued on or about 1st May 2011.Also read page 52.
J. Segman will receive about 71M of the newly created 300M ESOP shares.

Positives:
Another James Mwangi being created at KK (expect the KK CEO to utilise every opportunity to play up the share price).
Serious motivation for the CEO to return above average performance.

Happy Hunting
x handle: @stocksmaster79
the deal
#1564 Posted : Thursday, April 07, 2011 7:22:34 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
i knew it...this man JiS has just become a billionaire...i argue all shareholders going to the AGM to reject this Esop thing...
For Sport
#1565 Posted : Thursday, April 07, 2011 8:13:04 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
the deal wrote:
i knew it...this man JiS has just become a billionaire...i argue all shareholders going to the AGM to reject this Esop thing...


Why?
cnn
#1566 Posted : Thursday, April 07, 2011 8:29:46 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
If the vesting period is three years,and the units are priced at market value at the day they are granted so be it.The CEO and managerial staff will have to put in effort to improve company performance,see a higher share price in order to realize gains in their share options.
gatoho
#1567 Posted : Thursday, April 07, 2011 9:35:35 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
the deal wrote:
i knew it...this man JiS has just become a billionaire...i argue all shareholders going to the AGM to reject this Esop thing...



Can you be my proxy? Sitoki Kandara to just have water na biscuits
Foresight..
Gordon Gekko
#1568 Posted : Friday, April 08, 2011 8:22:20 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
David Ohana, on Easy FM currently. But he isn't going into details of what I wanted to hear, mainly doing PR and talking about the ksh 2/- discount.
the deal
#1569 Posted : Friday, April 08, 2011 9:18:03 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@forsport JIS is now chairman...CEO...Top 10 shareholder...even PRO...even JM at EB is not Chairman...this is so typical of the Mugabes of Africa
For Sport
#1570 Posted : Friday, April 08, 2011 10:42:55 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
the deal wrote:
@forsport JIS is now chairman...CEO...Top 10 shareholder...even PRO...even JM at EB is not Chairman...this is so typical of the Mugabes of Africa


@ the deal
bear with me. genuine question - does this adversely affect my position; or will my fortune rise with his?
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