Kai Uwe Wulff thinks Bharti will buy out Access Kenya. I argue that for that to happen, shareholders must approve the same. There would also be a process that can take six months or more and on a worst scenario backfire and burn everyone as Safcom would have raided Access Kenya's turf especially on corporate clients.
Otherwise, as things stand out now, Access Kenya is minced meat.
Any word out there on the acquisition?
By the way, he has left KDN for Altec Stream East Africa. I understand he was against diversion of funds (by the largest shareholder) for personal use while books indicated the same as company expenditure.
So if you are still holding on to some specific shares, woe onto you unless you are comfortable speculating.
A question he posed to me was, 'A 14" Yana tyre goes for 8,000 Ksh while other imported tyres go for 4,500 Ksh. Ppl still buy Yana as more cars hit the road. How comes Sameer never makes astronomical profits even when sales are good?
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own