wazua Wed, Mar 25, 2026
Welcome Guest Search | Active Topics | Log In

259 Pages«<5253545556>»
KENOL KOBIL .... 2012
Options
Previous Topic · Next Topic
earthvoice
#531 Posted : Tuesday, May 15, 2012 12:03:58 PM
Rank: Member

Joined: 1/29/2011
Posts: 257
VituVingiSana wrote:
Minority Shareholders to be paid the same price as the key s/holders per the latest Press Release from KK.

Check the website.

http://www.kenolkobil.co...keholder%20advisory.pdf

Bittersweet times for current (minority) KK shareholders.

I mean sure, we may make some healthy capital gains in the (hopefully) not too distant future...
but will definitely miss out on all future gains. All this talk of "a journey to greater growth, development and prosperity" is quite hollow if you're asking shareolders to leave before the company gets there... all the while explaining to them exactly what they'll be missing out on.

Add to that the suspension of trading on the share, precluding any possible price rally...

Things may be good, but methinks they could (should) be better.
Bittersweet times indeed.
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
Back to top
  |
Cde Monomotapa
#532 Posted : Tuesday, May 15, 2012 12:06:10 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
The NSE seems to be in a good mood. This takeover couldn't have come at a worse time. Who is to say that if the share was not suspended it would hit 20 bob anyways by your December date?

Yaani I believe that based on KK's current performance, the market could easily give us such a price on its own (without Puma! So what about a premium?).coldtusker values it at a very fair PE of 10. Wouldn't you agree? But that's just mesmile

PS: Usisahau swali yangu ya dividends;-)


Vipi bro? U knew the job was dangerous when u took it! ;-)
Back to top
  |
youcan'tstopusnow
#533 Posted : Tuesday, May 15, 2012 12:34:56 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
The NSE seems to be in a good mood. This takeover couldn't have come at a worse time. Who is to say that if the share was not suspended it would hit 20 bob anyways by your December date?

Yaani I believe that based on KK's current performance, the market could easily give us such a price on its own (without Puma! So what about a premium?).coldtusker values it at a very fair PE of 10. Wouldn't you agree? But that's just mesmile

PS: Usisahau swali yangu ya dividends;-)


Vipi bro? U knew the job was dangerous when u took it! ;-)

Laughing out loudlyLaughing out loudlyLaughing out loudly
Wacha wewe! Greed is good;-)
Whatever the case, we'll still make some sweet cash...
GOD BLESS YOUR LIFE
Back to top
WWW
  |
youcan'tstopusnow
#534 Posted : Tuesday, May 15, 2012 12:37:47 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
earthvoice, that talk of 'future potential' is for employees. Not us.

Sisi tunanunuliwa. We won't enter Canaan. We'll be left at the gates!Laughing out loudly
GOD BLESS YOUR LIFE
Back to top
WWW
  |
Jamani
#535 Posted : Tuesday, May 15, 2012 12:56:03 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
youcan'tstopusnow wrote:
earthvoice, that talk of 'future potential' is for employees. Not us.

Sisi tunanunuliwa. We won't enter Canaan. We'll be left at the gates!Laughing out loudly


That is, if you decide to sellDrool
Back to top
  |
VituVingiSana
#536 Posted : Tuesday, May 15, 2012 1:01:18 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
youcan'tstopusnow wrote:
earthvoice, that talk of 'future potential' is for employees. Not us.

Sisi tunanunuliwa. We won't enter Canaan. We'll be left at the gates!Laughing out loudly
Choose not to sell & be a minority in an unlisted firm
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Jamani
#537 Posted : Tuesday, May 15, 2012 1:24:04 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
VituVingiSana wrote:
youcan'tstopusnow wrote:
earthvoice, that talk of 'future potential' is for employees. Not us.

Sisi tunanunuliwa. We won't enter Canaan. We'll be left at the gates!Laughing out loudly
Choose not to sell & be a minority in an unlisted firm


Challenges:-
1. not easy to liquidate
2. Might be diluted due to capital demands

Pros.
1. Might sell at a high price to Puma after sometime
2. Higher dividends
Back to top
  |
Jamani
#538 Posted : Tuesday, May 15, 2012 1:26:59 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Looking at it in a different way, the larger shareholders might be making a merali-celtel move... sell/tranfer the local shares and get holding into the group...
Back to top
  |
Murenju
#539 Posted : Tuesday, May 15, 2012 1:48:56 PM
Rank: Member

Joined: 7/13/2006
Posts: 94
Location: Nairobi
I do not hold KK shares. With exit of KK we now take our focus to Total Kenya and hope that good times are ahead for it.
Knock hard and it will be opened. Ask and you will be answered. Seek and you shall find.
Back to top
  |
Aguytrying
#540 Posted : Tuesday, May 15, 2012 3:23:46 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
at any price above 20 or thereabouts ill be happy.
i was expecting to sell at that pricein 2 years.
would never like to be a minority shareholder in puma. did u guys read about the guys stuck for 8 years.
i consider this good fortune.time to look for the next gem.
and not total kenya as it is.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
259 Pages«<5253545556>»
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.