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festom
#1 Posted : Thursday, April 16, 2009 1:22:00 PM
Rank: Member


Joined: 8/15/2008
Posts: 84
Sk team,what happened with the purchase of caltex? is the deal still on or was aborted?

there was no mention of such in their recent yr end results announced two wks ago. kindly advice if i should buy more of this counter.


Don't sit and wait - look for the next opportunity
kodak
#2 Posted : Friday, April 17, 2009 4:36:00 AM
Rank: Member


Joined: 10/4/2007
Posts: 30
Caltex purchase is still on. Just be patient and keep you ears open. But I can't advice you on whether to buy or not until all details are out. Not all take-overs are good to the investor. See what happened to CFC,I bought it at 120 before the merger with Stanbic.

MMKenya
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