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KENOL KOBIL .... 2012

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Metasploit		#411 Posted : Wednesday, May 09, 2012 4:27:49 PM
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania		itz wrote: I cant believe investors here are drinking NSE's koolaid that it is to their benefit to halt trading in KK.As an investor in any company you pray and hope that it will be taken over so that you can enjoy and benefit from the upside the stock would have.KK investors have been cheated because this stock should have spiked on this news and the buyers should have been forced to pay a higher premium.The only people benefiting and thinking kenyans are idiots is PUMA energy and some big KK holders because they get a fixed price. Case study Petrobas Brazil! “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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hisah		#412 Posted : Wednesday, May 09, 2012 5:07:51 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		youcan'tstopusnow wrote: hisah, at the right price I won't be copmlaining... And what is the right price? You could take 50/- only to see the thing hit 500 a few months later... In such cases, to avoid this kind of rip off sentiments, the buyout comes with a delisting offer. Then a few years later, an IPO is done when wanjikus have forgotten and the juice has been squeezed. Happens all the time - wash, rinse, repeat... Just watch and you'll see unilever relisting a few years later... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25091985		#413 Posted : Wednesday, May 09, 2012 5:12:17 PM
Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood		hisah wrote: youcan'tstopusnow wrote: hisah, at the right price I won't be copmlaining... And what is the right price? You could take 50/- only to see the thing hit 500 a few months later... In such cases, to avoid this kind of rip off sentiments, the buyout comes with a delisting offer. Then a few years later, an IPO is done when wanjikus have forgotten and the juice has been squeezed. Happens all the time - wash, rinse, repeat... Just watch and you'll see unilever relisting a few years later... puma energy ipo ? ikae . bure kabisa
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the deal		#414 Posted : Wednesday, May 09, 2012 5:32:54 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		Read this...don't forget to buy yourself a packet of tissues http://www.postzambia.co...icle.php?articleId=24143
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holycow		#415 Posted : Wednesday, May 09, 2012 5:53:53 PM
Rank: Veteran Joined: 11/11/2006 Posts: 972 Location: Home		[quote=the deal]Read this...don't forget to buy yourself a packet of tissues http://www.postzambia.co...cle.php?articleId=24143[/quote] @Jerry, you must be smiling, having made a timely exit.
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BGL		#416 Posted : Wednesday, May 09, 2012 6:03:19 PM
Rank: Veteran Joined: 10/11/2009 Posts: 1,223		For Immediate Release May 9th 2012: SUSPENSION FROM TRADING OF THE SHARES FOR KENOL KOBIL LIMITED We refer to the Cautionary Statement dated May 8 2012, released by Kenol Kobil Limited. The Cautionary Statement confirms the signing of an exclusive agreement between the key shareholders of KenolKobil Limited and Puma Energy for the sale of their majority shareholdings in KenolKobil Limited. The Cautionary Statement also states that should the transaction proceed, Puma Energy would comply with the requirements of the regulations under the Capital Markets Act, and contemplates making a Take-Over offer to acquire all the shares in the Company in accordance with those regulations. The Nairobi Securities Exchange (NSE) in consultation with the Capital Markets Authority has therefore suspended trading of the securities. This is pursuant to the provision 22(b) of the Capital Markets (Securities) (Public Offers, Listings and Disclosures) Regulations 2002. MR. PETER MWANGI CHIEF EXECUTIVE History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Metasploit		#417 Posted : Wednesday, May 09, 2012 6:05:20 PM
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania		[quote=the deal]Read this...don't forget to buy yourself a packet of tissues http://www.postzambia.co...cle.php?articleId=24143[/quote] Until today !!! http://www.agritrade.co....id=63:rokmicronews-fp-3 “The process to reconcile these provisions, and arrive at the final purchase price, has been ongoing and it is now anticipated that this will be concluded by 30th April 2012. Upon determination of the final purchase price, Puma Energy will immediately proceed to implement the mandatory offer,” said the statement “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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sparkly		#418 Posted : Wednesday, May 09, 2012 6:59:19 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		wanjiku has been screwed in this promising KENYA company. Life is short. Live passionately.
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QW25091985		#419 Posted : Wednesday, May 09, 2012 7:10:59 PM
Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood		the sad thing about this is that its tying up capital in a bullish market ! three months is a long time ( assuming the share is suspended for that long )
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Metasploit		#420 Posted : Wednesday, May 09, 2012 7:15:38 PM
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania		QW25091985 wrote: the sad thing about this is that its tying up capital in a bullish market ! three months is a long time ( assuming the share is suspended for that long ) Am afraid for Puma Energy zambia it has gone for more than 1 year! But the company did not delist http://www.bloomberg.com/quote/PUMA:ZL/chart “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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