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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Ericsson wrote:obiero wrote:Angelica _ann wrote:sparkly wrote:obiero wrote:KQ Open Offer likely to be 1 for 1. Price KES 1.8. Only question remaining is book closure date. Anything later than the cautionary announcement date, shall be a fraud Company itself is a fraud perpetreting a fraud. How can books closure be backdated?????? On August 05 we discussed the matter at hand? Finally, the books close albeit accompanied by a suspension for restructuring purposes. Here we are, take off guaranteed upon resumption of trading, minimum price KES 8.52 with no ceiling!!! The rally of a lifetime Simple logic shows 8.52 not attainable upon resumption of trading Suspend your logic lest you hurt someone's feelings!  KQ remains uninvestable for me as of 15th Nov 2017. I shall look in on it but it's unlikely it will be eligible as a core holding for me until 2020... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Ericsson wrote:obiero wrote:Angelica _ann wrote:sparkly wrote:obiero wrote:KQ Open Offer likely to be 1 for 1. Price KES 1.8. Only question remaining is book closure date. Anything later than the cautionary announcement date, shall be a fraud Company itself is a fraud perpetreting a fraud. How can books closure be backdated?????? On August 05 we discussed the matter at hand? Finally, the books close albeit accompanied by a suspension for restructuring purposes. Here we are, take off guaranteed upon resumption of trading, minimum price KES 8.52 with no ceiling!!! The rally of a lifetime Simple logic shows 8.52 not attainable upon resumption of trading It's only 13 days away. Si uvae suruali na utulie
KQ ABP 4.26
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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obiero wrote:Ericsson wrote:obiero wrote:Angelica _ann wrote:sparkly wrote:obiero wrote:KQ Open Offer likely to be 1 for 1. Price KES 1.8. Only question remaining is book closure date. Anything later than the cautionary announcement date, shall be a fraud Company itself is a fraud perpetreting a fraud. How can books closure be backdated?????? On August 05 we discussed the matter at hand? Finally, the books close albeit accompanied by a suspension for restructuring purposes. Here we are, take off guaranteed upon resumption of trading, minimum price KES 8.52 with no ceiling!!! The rally of a lifetime Simple logic shows 8.52 not attainable upon resumption of trading It's only 13 days away. Si uvae suruali na utulie Ntatulia ile siku ukweli itajulikana. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:Ericsson wrote:obiero wrote:Angelica _ann wrote:sparkly wrote:obiero wrote:KQ Open Offer likely to be 1 for 1. Price KES 1.8. Only question remaining is book closure date. Anything later than the cautionary announcement date, shall be a fraud Company itself is a fraud perpetreting a fraud. How can books closure be backdated?????? On August 05 we discussed the matter at hand? Finally, the books close albeit accompanied by a suspension for restructuring purposes. Here we are, take off guaranteed upon resumption of trading, minimum price KES 8.52 with no ceiling!!! The rally of a lifetime Simple logic shows 8.52 not attainable upon resumption of trading Suspend your logic lest you hurt someone's feelings! KQ remains uninvestable for me as of 15th Nov 2017. I shall look in on it but it's unlikely it will be eligible as a core holding for me until 2020... Exactly. 13 days si mingi. KQ will be back with a big bang
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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A special message for those who have been left by the plane, remember this and this alone, 29,929,380,700 issued shares post restructuring, pre consolidation at KES 2.13 per share is equal to 7,482,345,175 issued shares post split at a ratio of 1:4 at KES 8.52. Let's meet here in 13 days
KQ ABP 4.26
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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obiero wrote:lochaz-index wrote:ZILLION wrote:Kenya Airways Plc (Suspension from Trading): Please note that trading in Kenya Airways Plc (KQ) has been suspended from trading between November 15, 2017 and November 28, 2017 to enable the company undertake a share split and simultaneous consolidation of Kenya Airways Plc shares which forms part of the company's consolidation process. The suspension in trading was approved by CMA on November 14, 2017.
Why the very discreet and sudden announcement? I believe this was not mentioned anywhere in the prior KQ on-goings? I don't understand the logic behind the suspension altogether, book closure would have sufficient. It is noted that a cautionary announcement had been in effect for over 3 months.. The suspension should come as no surprise.. Major company announcements were due in the coming weeks hence fair value pricing would be near impossible Why suspend trading when the very task of the market is to price in all developments - good and ugly alike- till fair value or a semblance of fair value is achieved? The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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obiero wrote:A special message for those who have been left by the plane, remember this and this alone, 29,929,380,700 issued shares post restructuring, pre consolidation at KES 2.13 per share is equal to 7,482,345,175 issued shares post split at a ratio of 1:4 at KES 8.52. Let's meet here in 13 days Correct me if I'm wrong but , 29,929,380,700 shares @ current price of Ksh 5.30 being consolidated to 7,482,345,17 Shares or ( 29,929,380,700 shares / 4 = 7,482,345,17 shares ) should have a value of app Ksh 5.30 * 4 = 21.20 Ksh, meaning @ 8.52 Ksh your being played big time, only that its being made to sound like your being helped. But I'm open to being corrected. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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lochaz-index wrote:obiero wrote:lochaz-index wrote:ZILLION wrote:Kenya Airways Plc (Suspension from Trading): Please note that trading in Kenya Airways Plc (KQ) has been suspended from trading between November 15, 2017 and November 28, 2017 to enable the company undertake a share split and simultaneous consolidation of Kenya Airways Plc shares which forms part of the company's consolidation process. The suspension in trading was approved by CMA on November 14, 2017.
Why the very discreet and sudden announcement? I believe this was not mentioned anywhere in the prior KQ on-goings? I don't understand the logic behind the suspension altogether, book closure would have sufficient. It is noted that a cautionary announcement had been in effect for over 3 months.. The suspension should come as no surprise.. Major company announcements were due in the coming weeks hence fair value pricing would be near impossible Why suspend trading when the very task of the market is to price in all developments - good and ugly alike- till fair value or a semblance of fair value is achieved? @lochazindex just because the share is suspended does not mean that it is not being repriced by investors.. The day it shall reappear on the stock ticker, KQ will emerge with a price that could possibly not be below KES 8.52
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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HaMaina wrote:obiero wrote:A special message for those who have been left by the plane, remember this and this alone, 29,929,380,700 issued shares post restructuring, pre consolidation at KES 2.13 per share is equal to 7,482,345,175 issued shares post split at a ratio of 1:4 at KES 8.52. Let's meet here in 13 days Correct me if I'm wrong but , 29,929,380,700 shares @ current price of Ksh 5.30 being consolidated to 7,482,345,17 Shares or ( 29,929,380,700 shares / 4 = 7,482,345,17 shares ) should have a value of app Ksh 5.30 * 4 = 21.20 Ksh, meaning @ 8.52 Ksh your being played big time, only that its being made to sound like your being helped. But I'm open to being corrected. Nope.. The last traded price of KES 5.30 was on the back of 1.49B issued shares. The restructured shares including deferred ones, totalling to 29.93B issued shares were priced at KES 2.13 per share, with split ratio clearly indicated as 1:4 on the project safari circular www.winda.co.ke/projectsafari.pdf
KQ ABP 4.26
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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obiero wrote:HaMaina wrote:obiero wrote:A special message for those who have been left by the plane, remember this and this alone, 29,929,380,700 issued shares post restructuring, pre consolidation at KES 2.13 per share is equal to 7,482,345,175 issued shares post split at a ratio of 1:4 at KES 8.52. Let's meet here in 13 days Correct me if I'm wrong but , 29,929,380,700 shares @ current price of Ksh 5.30 being consolidated to 7,482,345,17 Shares or ( 29,929,380,700 shares / 4 = 7,482,345,17 shares ) should have a value of app Ksh 5.30 * 4 = 21.20 Ksh, meaning @ 8.52 Ksh your being played big time, only that its being made to sound like your being helped. But I'm open to being corrected. Nope.. The last traded price of KES 5.30 was on the back of 1.49B issued shares. The restructured shares including deferred ones, totalling to 29.93B issued shares were priced at KES 2.13 per share, with split ratio clearly indicated as 1:4 on the project safari circular www.winda.co.ke/projectsafari.pdf Ok I think I get you, meaning 2.13 Ksh *4 = 8.52 Ksh ,What number of shares would be consolidated? “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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