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Kenya airways Right Issue
obiero
#701 Posted : Saturday, July 15, 2017 9:42:27 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
This company is likely to be sued unless common sense prevails http://www.delawarelitig...whose-equity-is-diluted/

KQ ABP 4.26
obiero
#702 Posted : Sunday, July 16, 2017 12:30:55 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
August 7th it is

KQ ABP 4.26
obiero
#703 Posted : Sunday, July 16, 2017 12:32:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
August 7th it is..

KQ ABP 4.26
Spikes
#704 Posted : Sunday, July 16, 2017 12:35:33 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
August 7th it is..

Election eve
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
obiero
#705 Posted : Sunday, July 16, 2017 1:01:59 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Spikes wrote:
obiero wrote:
August 7th it is..

Election eve

Special resolution number 2 reads that each ordinary share of KES 5 be subdivided into one share of KES 0.25

KQ ABP 4.26
mlennyma
#706 Posted : Sunday, July 16, 2017 3:38:15 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
obiero wrote:
August 7th it is..

"Don't let the fear of losing be greater than the excitement of winning."
Angelica _ann
#707 Posted : Sunday, July 16, 2017 3:45:23 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
mlennyma wrote:
obiero wrote:
August 7th it is..

You can imagine someone holding hundreds of thousands like poor obiero ...how much more money do you have to throw in?previous rights was at 14.


Who will buy into the rights?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
mlennyma
#708 Posted : Sunday, July 16, 2017 3:48:32 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Angelica _ann wrote:
mlennyma wrote:
obiero wrote:
August 7th it is..

You can imagine someone holding hundreds of thousands like poor obiero ...how much more money do you have to throw in?previous rights was at 14.


Who will buy into the rights?

obiero
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#709 Posted : Sunday, July 16, 2017 3:52:24 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
mlennyma wrote:
Angelica _ann wrote:
mlennyma wrote:
obiero wrote:
August 7th it is..

You can imagine someone holding hundreds of thousands like poor obiero ...how much more money do you have to throw in?previous rights was at 14.


Who will buy into the rights?

obiero

Total shares issued now rises to 29.9B.. Conversion price KES 2.13.. The same occurring via a share split and eventual consolidation with a factor of 1:4, resulting in 7.4B final listed shares. I await the Open Offer of 1.5B whose price the exchange bar notes has been agreed in principle to fall below KES 1.6.. There is no rights option so indeed I will buy to mitigate dilution of 95.5%, noting that the KQ Lenders Co Ltd, GoK & KLM will not participate in the issue. GoK now holds 45% of KQ.. KLM founding agreement of 1995 abolished. KQ now in positive equity of KES 11.5B. Sit tight

KQ ABP 4.26
Spikes
#710 Posted : Sunday, July 16, 2017 6:29:39 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
Spikes wrote:
obiero wrote:
August 7th it is..

Election eve

Special resolution number 2 reads that each ordinary share of KES 5 be subdivided into one share of KES 0.25


Massive dilution!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
75 Pages«<6970717273>»
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