guru267 wrote:VituVingiSana wrote:guru267 wrote:mwenza wrote:Latest price transacted today is 217/=. Board this bus ASAP otherwise dont say you were not warned when the price hits 240/= before announcements by end of the month.
Judging from the demand, its obvious something good is in the offing.
i'm so glad this counter is a huge chunk of my portfolio...
And you are ready to bail to the GoK for 207/-???? I say 300/- is the minimum we want!
I am getting people together to sue KPLC if they convert at less than 300/-!!!
@VVS and what will the law suit get you. More legal fees and time wasted.
A conversion even at 170 will still see the stock rally to 325 which is a significant return for me and even for you.
We all know G.O.K will have its way because trust me they'll be very little resistance from other major shareholders
You are WRONG... the idea (injunction) is to show why the shares are worth much more... that brings a standstill to the Conversion... which means either the GoK capitulates to the higher price or keeps the Pref Shares...
I would rather pay 7.85% then give GoK shares at 170-200... Simple math... Surely, you can use a calculator & do it...
[I have an entire spreadsheet with all sorts of scenarios but it is overkill for our situation]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett