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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,060 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: 13,475 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
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,641 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: 13,475 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
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 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
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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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: 903
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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: 13,475 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
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 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
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 4/23/2014 Posts: 903
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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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Rank: Veteran Joined: 4/23/2014 Posts: 903
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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 I honestly don't get it, maybe I'm tired. This is from the circular:- Share Restructuring 3.9 The existing nominal value of KES 5.00 per Ordinary Share is above the expected issue price in the Debt Restructurings and in the price expected for the Open Offer. KQ is prohibited by law from issuing new shares at a discount to nominal value. Accordingly, KQ needs to reduce the nominal value of its Ordinary Shares while also not affecting the economic value of the Ordinary Shares currently held by shareholders. To do this the Shareholders are being asked to approve a restructuring of the Ordinary Shares which is described in detail in Section 5.4 below. The share restructuring involves a share split, followed immediately by consolidation. Through the process the nominal value of the Ordinary Shares will be reduced from KES 5.00 each to KES 1.00 each.These measures are being implemented through the Resolution to be proposed and passed at the EGM. - I'll read it kesho morning, right now its not making sense. “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: Veteran Joined: 9/18/2014 Posts: 1,127
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obiero wrote: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 Repricing by investors is done through trading - bids and asks- in the market...suspension (at a moments notice) denies them that opportunity to realize profits or losses as they so wish. Investors are now reduced to self deluding appraisals with no arbiter. Suspension in this case looks like a smoke and mirrors game. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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lochaz-index wrote:obiero wrote: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 Repricing by investors is done through trading - bids and asks- in the market...suspension (at a moments notice) denies them that opportunity to realize profits or losses as they so wish. Investors are now reduced to self deluding appraisals with no arbiter. Suspension in this case looks like a smoke and mirrors game. Why would you require an arbiter for such a clear cut transaction. It defeats me that fully grown people can't figure out the pricing on KQ shares
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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obiero wrote:lochaz-index wrote:obiero wrote: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 Repricing by investors is done through trading - bids and asks- in the market...suspension (at a moments notice) denies them that opportunity to realize profits or losses as they so wish. Investors are now reduced to self deluding appraisals with no arbiter. Suspension in this case looks like a smoke and mirrors game. Why would you require an arbiter for such a clear cut transaction. It defeats me that fully grown people can't figure out the pricing on KQ shares You may have misunderstood the phrase/terms used. Arbiter is the market which determines winners and losers. As for pricing, mine is KES 1.5 once the dust settles on all the ongoing machinations. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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lochaz-index wrote:obiero wrote:lochaz-index wrote:obiero wrote: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 Repricing by investors is done through trading - bids and asks- in the market...suspension (at a moments notice) denies them that opportunity to realize profits or losses as they so wish. Investors are now reduced to self deluding appraisals with no arbiter. Suspension in this case looks like a smoke and mirrors game. Why would you require an arbiter for such a clear cut transaction. It defeats me that fully grown people can't figure out the pricing on KQ shares You may have misunderstood the phrase/terms used. Arbiter is the market which determines winners and losers. As for pricing, mine is KES 1.5 once the dust settles on all the ongoing machinations. By 28th we shall have reality in place, for now your dreams are valid
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,060 Location: Nairobi
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obiero wrote:lochaz-index wrote:obiero wrote: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 Repricing by investors is done through trading - bids and asks- in the market...suspension (at a moments notice) denies them that opportunity to realize profits or losses as they so wish. Investors are now reduced to self deluding appraisals with no arbiter. Suspension in this case looks like a smoke and mirrors game. Why would you require an arbiter for such a clear cut transaction. It defeats me that fully grown people can't figure out the pricing on KQ shares Then why do you need a stock exchange if you know what the KQ shares are worth? Why pump up KQ when you should quietly set up a "Share Buying Thrift" and buy out the airline? I know a bank whose CEO would happily sell you the shares it owns via KQ Lenders Co. In fact, if you can offer the banks what they are paying for the shares, they will happily sell you 38% of KQ. Warren Buffett (BH) doesn't shout from the rooftops what he is buying but quietly acquires what he can. It's only when the SEC requires him to disclose his purchases (& sales) does he do so. 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: 13,475 Location: nairobi
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VituVingiSana wrote:obiero wrote:lochaz-index wrote:obiero wrote: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 Repricing by investors is done through trading - bids and asks- in the market...suspension (at a moments notice) denies them that opportunity to realize profits or losses as they so wish. Investors are now reduced to self deluding appraisals with no arbiter. Suspension in this case looks like a smoke and mirrors game. Why would you require an arbiter for such a clear cut transaction. It defeats me that fully grown people can't figure out the pricing on KQ shares Then why do you need a stock exchange if you know what the KQ shares are worth? Why pump up KQ when you should quietly set up a "Share Buying Thrift" and buy out the airline? I know a bank whose CEO would happily sell you the shares it owns via KQ Lenders Co. In fact, if you can offer the banks what they are paying for the shares, they will happily sell you 38% of KQ. Warren Buffett (BH) doesn't shout from the rooftops what he is buying but quietly acquires what he can. It's only when the SEC requires him to disclose his purchases (& sales) does he do so. Dear old man. I thought wazua exists to aid each other to make some money. It's not my style to enjoy a rally on my own . Now, of course the stock exchange is needed but the suspension is most welcome to lock in the value and ensure upthrust upon resumption.. Watch and learn
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:VituVingiSana wrote:obiero wrote:lochaz-index wrote:obiero wrote: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 Repricing by investors is done through trading - bids and asks- in the market...suspension (at a moments notice) denies them that opportunity to realize profits or losses as they so wish. Investors are now reduced to self deluding appraisals with no arbiter. Suspension in this case looks like a smoke and mirrors game. Why would you require an arbiter for such a clear cut transaction. It defeats me that fully grown people can't figure out the pricing on KQ shares Then why do you need a stock exchange if you know what the KQ shares are worth? Why pump up KQ when you should quietly set up a "Share Buying Thrift" and buy out the airline? I know a bank whose CEO would happily sell you the shares it owns via KQ Lenders Co. In fact, if you can offer the banks what they are paying for the shares, they will happily sell you 38% of KQ. Warren Buffett (BH) doesn't shout from the rooftops what he is buying but quietly acquires what he can. It's only when the SEC requires him to disclose his purchases (& sales) does he do so. Dear old man. Of course the exchange is needed but the suspension is most welcome to lock in the value and ensure upthrust upon resumption.. Watch and learn 'Watch and learn'😆😆😆😃😃😃😅😅😅 John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 5/29/2016 Posts: 898 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... Keep off completely till the mess is sorted. There are massive blunders which wiped out billions. Part of those billions went to KLM, Ngunze, Naikuni, Alex and so many other crooks. Political uncertainty is also another factor here. Low pax count likely to persist.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:lochaz-index wrote:obiero wrote:lochaz-index wrote:obiero wrote: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 Repricing by investors is done through trading - bids and asks- in the market...suspension (at a moments notice) denies them that opportunity to realize profits or losses as they so wish. Investors are now reduced to self deluding appraisals with no arbiter. Suspension in this case looks like a smoke and mirrors game. Why would you require an arbiter for such a clear cut transaction. It defeats me that fully grown people can't figure out the pricing on KQ shares You may have misunderstood the phrase/terms used. Arbiter is the market which determines winners and losers. As for pricing, mine is KES 1.5 once the dust settles on all the ongoing machinations. By 28th we shall have reality in place, for now your dreams are valid Massive dilution of atleast 95% in the offing.... http://www.businessdaily...8712-7vnex5z/index.html
When reality sets in anything is possible. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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