Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Spikes wrote:Ericsson wrote:obiero wrote:Ericsson wrote:Hii consolidation and split of shares is coming from where.
From the last information new shares were created and allocated to kq lenders and GOK conversion of debt to equity.The par value of kq shares wasn't adjusted.
The total issued shares of kq is now 5.82bn.
I will wait for tomorrow to see
I will not laugh, since the PJT Partners deal is indeed quite complex to understand.. Read more here https://www.kenya-airway...the%20restructuring.pdf
23.28B shares after restructuring of the debt to equity at KES 2.13 per share were consolidated at a ratio of 1:4 to 5.82B shares, though existing shareholders are yet to defend their diluted stake via an Open Offer which was assured by the board to be at a price lower than that issued to GoK, KLM and KQ Lenders Co Ltd with the Open Offer expected to raise KES 1.5B automatically implying a ratio of 5 new shares at price of KES 1.8 i.e 813,160,565 new Open Offer shares. I have read the article and its very straight forward and simple.No need trying to calculate complex stuff like 23.28bn shares at 2.13 then consolidation. There will be no consolidation taking place post the 5.82bn shares. @Obiero as it stands your shares should be 266,000 and not the 66,000 shares you are posting. @ Ericsson are you expecting a rally tomorrow? If trading starts tomorrow, I thought that the cdsc should be reflecting the correct amounts by now? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Spikes wrote:Ericsson wrote:obiero wrote:Ericsson wrote:Hii consolidation and split of shares is coming from where.
From the last information new shares were created and allocated to kq lenders and GOK conversion of debt to equity.The par value of kq shares wasn't adjusted.
The total issued shares of kq is now 5.82bn.
I will wait for tomorrow to see
I will not laugh, since the PJT Partners deal is indeed quite complex to understand.. Read more here https://www.kenya-airway...the%20restructuring.pdf
23.28B shares after restructuring of the debt to equity at KES 2.13 per share were consolidated at a ratio of 1:4 to 5.82B shares, though existing shareholders are yet to defend their diluted stake via an Open Offer which was assured by the board to be at a price lower than that issued to GoK, KLM and KQ Lenders Co Ltd with the Open Offer expected to raise KES 1.5B automatically implying a ratio of 5 new shares at price of KES 1.8 i.e 813,160,565 new Open Offer shares. I have read the article and its very straight forward and simple.No need trying to calculate complex stuff like 23.28bn shares at 2.13 then consolidation. There will be no consolidation taking place post the 5.82bn shares. @Obiero as it stands your shares should be 266,000 and not the 66,000 shares you are posting. @ Ericsson are you expecting a rally tomorrow? @ericsson has sworn KES 1.5 will print
KQ ABP 4.26
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:Ericsson wrote:obiero wrote:Ericsson wrote:Hii consolidation and split of shares is coming from where.
From the last information new shares were created and allocated to kq lenders and GOK conversion of debt to equity.The par value of kq shares wasn't adjusted.
The total issued shares of kq is now 5.82bn.
I will wait for tomorrow to see
I will not laugh, since the PJT Partners deal is indeed quite complex to understand.. Read more here https://www.kenya-airway...the%20restructuring.pdf
23.28B shares after restructuring of the debt to equity at KES 2.13 per share were consolidated at a ratio of 1:4 to 5.82B shares, though existing shareholders are yet to defend their diluted stake via an Open Offer which was assured by the board to be at a price lower than that issued to GoK, KLM and KQ Lenders Co Ltd with the Open Offer expected to raise KES 1.5B automatically implying a ratio of 5 new shares at price of KES 1.8 i.e 813,160,565 new Open Offer shares. I have read the article and its very straight forward and simple.No need trying to calculate complex stuff like 23.28bn shares at 2.13 then consolidation. There will be no consolidation taking place post the 5.82bn shares. @Obiero as it stands your shares should be 266,000 and not the 66,000 shares you are posting. @ Ericsson are you expecting a rally tomorrow? @ericsson has sworn KES 1.5 will print  'has sworn' John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Spikes wrote:Ericsson wrote:obiero wrote:Ericsson wrote:Hii consolidation and split of shares is coming from where.
From the last information new shares were created and allocated to kq lenders and GOK conversion of debt to equity.The par value of kq shares wasn't adjusted.
The total issued shares of kq is now 5.82bn.
I will wait for tomorrow to see
I will not laugh, since the PJT Partners deal is indeed quite complex to understand.. Read more here https://www.kenya-airway...the%20restructuring.pdf
23.28B shares after restructuring of the debt to equity at KES 2.13 per share were consolidated at a ratio of 1:4 to 5.82B shares, though existing shareholders are yet to defend their diluted stake via an Open Offer which was assured by the board to be at a price lower than that issued to GoK, KLM and KQ Lenders Co Ltd with the Open Offer expected to raise KES 1.5B automatically implying a ratio of 5 new shares at price of KES 1.8 i.e 813,160,565 new Open Offer shares. I have read the article and its very straight forward and simple.No need trying to calculate complex stuff like 23.28bn shares at 2.13 then consolidation. There will be no consolidation taking place post the 5.82bn shares. @Obiero as it stands your shares should be 266,000 and not the 66,000 shares you are posting. @ Ericsson are you expecting a rally tomorrow? Nope Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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obiero wrote:Spikes wrote:Ericsson wrote:obiero wrote:Ericsson wrote:Hii consolidation and split of shares is coming from where.
From the last information new shares were created and allocated to kq lenders and GOK conversion of debt to equity.The par value of kq shares wasn't adjusted.
The total issued shares of kq is now 5.82bn.
I will wait for tomorrow to see
I will not laugh, since the PJT Partners deal is indeed quite complex to understand.. Read more here https://www.kenya-airway...the%20restructuring.pdf
23.28B shares after restructuring of the debt to equity at KES 2.13 per share were consolidated at a ratio of 1:4 to 5.82B shares, though existing shareholders are yet to defend their diluted stake via an Open Offer which was assured by the board to be at a price lower than that issued to GoK, KLM and KQ Lenders Co Ltd with the Open Offer expected to raise KES 1.5B automatically implying a ratio of 5 new shares at price of KES 1.8 i.e 813,160,565 new Open Offer shares. I have read the article and its very straight forward and simple.No need trying to calculate complex stuff like 23.28bn shares at 2.13 then consolidation. There will be no consolidation taking place post the 5.82bn shares. @Obiero as it stands your shares should be 266,000 and not the 66,000 shares you are posting. @ Ericsson are you expecting a rally tomorrow? @ericsson has sworn KES 1.5 will print Range of ksh.1.5-2.2 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Ericsson wrote:obiero wrote:Spikes wrote:Ericsson wrote:obiero wrote:Ericsson wrote:Hii consolidation and split of shares is coming from where.
From the last information new shares were created and allocated to kq lenders and GOK conversion of debt to equity.The par value of kq shares wasn't adjusted.
The total issued shares of kq is now 5.82bn.
I will wait for tomorrow to see
I will not laugh, since the PJT Partners deal is indeed quite complex to understand.. Read more here https://www.kenya-airway...the%20restructuring.pdf
23.28B shares after restructuring of the debt to equity at KES 2.13 per share were consolidated at a ratio of 1:4 to 5.82B shares, though existing shareholders are yet to defend their diluted stake via an Open Offer which was assured by the board to be at a price lower than that issued to GoK, KLM and KQ Lenders Co Ltd with the Open Offer expected to raise KES 1.5B automatically implying a ratio of 5 new shares at price of KES 1.8 i.e 813,160,565 new Open Offer shares. I have read the article and its very straight forward and simple.No need trying to calculate complex stuff like 23.28bn shares at 2.13 then consolidation. There will be no consolidation taking place post the 5.82bn shares. @Obiero as it stands your shares should be 266,000 and not the 66,000 shares you are posting. @ Ericsson are you expecting a rally tomorrow? @ericsson has sworn KES 1.5 will print Range of ksh.1.5-2.2 Tomorrow wazua finds out who amongst the elders remains solid in analysis.. Some are hinting at 1.5 others at 21.. I stick to 8.52 as the very minimum with possibility of reaching 12 or more as a high
KQ ABP 4.26
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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obiero wrote:winmak wrote:obiero wrote:Spikes wrote:obiero wrote:Today marks ground zero.. The last day of KQ's suspension. Wednesday we get to learn what the PJT Partners and KQ long-term shareholders are made of.. The exchange bar suspects a massive hold-out coupled with high ask price.. The rally of a lifetime awaits the bold What if market markers [MMs] shake this counter in early hours of trading triggering sell off from Wanjiku who's likely to burn her fingers? And if the trading scare lasts as the price keeps scaling down to intolerable levels will you sell? Wednesday will mark the greatest test of the Exchange Bar info dissemination. Sit tight! Only a mad investor would sell below KES 8.52.. Prior to determining the Open Offer calculus, KES 21 is fair value for existing shareholders, noting GoK, KLM and KQ Lenders Co Ltd shall sit out the Open Offer.. Expect very little trading on KQ shares but at an increasing price until the Open Offer circular is released early next month KQ 66000   Down four-fold via consolidation of 264,000 shares.. Patiently waiting for Wednesday's price discovery to take place.. This should be a rare moment at the NSE There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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obiero wrote:Ericsson wrote:obiero wrote:Spikes wrote:Ericsson wrote:obiero wrote:Ericsson wrote:Hii consolidation and split of shares is coming from where.
From the last information new shares were created and allocated to kq lenders and GOK conversion of debt to equity.The par value of kq shares wasn't adjusted.
The total issued shares of kq is now 5.82bn.
I will wait for tomorrow to see
I will not laugh, since the PJT Partners deal is indeed quite complex to understand.. Read more here https://www.kenya-airway...the%20restructuring.pdf
23.28B shares after restructuring of the debt to equity at KES 2.13 per share were consolidated at a ratio of 1:4 to 5.82B shares, though existing shareholders are yet to defend their diluted stake via an Open Offer which was assured by the board to be at a price lower than that issued to GoK, KLM and KQ Lenders Co Ltd with the Open Offer expected to raise KES 1.5B automatically implying a ratio of 5 new shares at price of KES 1.8 i.e 813,160,565 new Open Offer shares. I have read the article and its very straight forward and simple.No need trying to calculate complex stuff like 23.28bn shares at 2.13 then consolidation. There will be no consolidation taking place post the 5.82bn shares. @Obiero as it stands your shares should be 266,000 and not the 66,000 shares you are posting. @ Ericsson are you expecting a rally tomorrow? @ericsson has sworn KES 1.5 will print Range of ksh.1.5-2.2 Tomorrow wazua finds out who amongst the elders remains solid in analysis.. Some are hinting at 1.5 others at 21.. I stick to 8.52 as the very minimum with possibility of reaching 12 or more as a high if somebody bought 4000 shares at ksh 5 total cost = ksh 20000. If the shares are consolidated to 1000 then buying price will change to ksh 20 . That means if original shares were also consolidated 8.52 will be a massive loss for original shareholders. Eg those who bought at 4 will break even at ksh16, those who bought at 6 will break even at ksh 24 . This also means banks have a upper hand as they will break even at 8.52 and any price above that factoring in their interest they can start exiting if no lock in period. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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littledove wrote:obiero wrote:Ericsson wrote:obiero wrote:Spikes wrote:Ericsson wrote:obiero wrote:Ericsson wrote:Hii consolidation and split of shares is coming from where.
From the last information new shares were created and allocated to kq lenders and GOK conversion of debt to equity.The par value of kq shares wasn't adjusted.
The total issued shares of kq is now 5.82bn.
I will wait for tomorrow to see
I will not laugh, since the PJT Partners deal is indeed quite complex to understand.. Read more here https://www.kenya-airway...the%20restructuring.pdf
23.28B shares after restructuring of the debt to equity at KES 2.13 per share were consolidated at a ratio of 1:4 to 5.82B shares, though existing shareholders are yet to defend their diluted stake via an Open Offer which was assured by the board to be at a price lower than that issued to GoK, KLM and KQ Lenders Co Ltd with the Open Offer expected to raise KES 1.5B automatically implying a ratio of 5 new shares at price of KES 1.8 i.e 813,160,565 new Open Offer shares. I have read the article and its very straight forward and simple.No need trying to calculate complex stuff like 23.28bn shares at 2.13 then consolidation. There will be no consolidation taking place post the 5.82bn shares. @Obiero as it stands your shares should be 266,000 and not the 66,000 shares you are posting. @ Ericsson are you expecting a rally tomorrow? @ericsson has sworn KES 1.5 will print Range of ksh.1.5-2.2 Tomorrow wazua finds out who amongst the elders remains solid in analysis.. Some are hinting at 1.5 others at 21.. I stick to 8.52 as the very minimum with possibility of reaching 12 or more as a high if somebody bought 4000 shares at ksh 5 total cost = ksh 20000. If the shares are consolidated to 1000 then buying price will change to ksh 20 . That means if original shares were also consolidated 8.52 will be a massive loss for original shareholders. Eg those who bought at 4 will break even at ksh16, those who bought at 6 will break even at ksh 24 . This also means banks have a upper hand as they will break even at 8.52 and any price above that factoring in their interest they can start exiting if no lock in period. You are the first one to observe the intricacy.. But you miss out the Open Offer details which makes KES 8.52 adequate since averaging down for the existing shareholders shall be at KES 1.8 per share https://imgur.com/a/KcJXl
Further, few of the larger banks shall be willing to dispose on the spot due to the guarantee notes of KES 11B for KQ by GoK in future business, and even if they did, there shall be no large buyers of that scale, noting that both KLM and GoK are also not selling.. There shall be a vacuum, with next to zero sellers below KES 21 until the Open Offer circular is released
KQ ABP 4.26
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Heh KQ, the market has been slow and I have a huge trading space, can KQ make money for those looking to buy tomorrow? To Each His Own
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Wazua
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