The loan facility may not have been specifically for the 'buy-out' as it was ''originally marketed at $180 million'' but was oversubribed to 260 million
14.6/= would be a joke really. Twice that is what I would consider fair value. In normal market conditions one would be looking to flip KK on AT LEAST a P.E of 15 (15*2.2 =33/=).
And I know many who would balk at that figure on being on the lower side.
But the onus is on the big boys, who are the ones selling. Would they cosider 20 bob a ''very good deal'' in comparison to the prices they got in?
But payday may just be around the corner. No wonder Segman alikuwa anaharakisha hizo ESOP





KEKE! KEKE! KEKE! KEKE! KEKE! KEKE! KEKE! KEKE! KEKE!
That's my evil laugh!
GOD BLESS YOUR LIFE